Listed by COMPASS, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $2,828,000 - $3,240,000

7 Beds
3.5 Baths
5,000 Sq Ft
$590/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $2,150,000 $430 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $16,882/month

68 Days on Market

Highlights

  • Lake View
  • Craftsman Architecture
  • Deck
  • Northwood Elementary School Rated A
  • Fruit Trees
  • Property is near public transit

About This Home

As of January 2023

Welcome to this one of a kind 7 bedroom and 3.5 bathroom Mercer Island home situated on a quiet and private street. Walk in to a spacious living room with large windows looking out to a sweeping view of Lake Washington and Bellevue. The view continues throughout the large dining room and kitchen with nook and primary bedroom. Enjoy cozy weather on the deck off the kitchen and family room. The large finished daylight basement offers plenty of space for hosting gatherings and entertainment, options are endless. Remodeled bathrooms, newly refinished hardwood floors and new roof. Easy access to I-90, walking trails, Mercer Island schools and shops.

Last Agent to Sell the Property

Michael Wong

COMPASS License #125290 Listed on: 09/29/2022

COMPASS

Last Buyer's Agent

Summer Yu Ning

Skyline Properties, Inc. License #119001

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1996415

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,785

Year Built

  • Built in 1966

Lot Details

  • 9,450 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Fruit Trees
  • Garden
  • Property is in very good condition
  • Zoning described as R-8.4

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • City
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Finished Basement

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Island Park Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mercerwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5460500020

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,785

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1966
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Mercerwood Div No. 09
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 5000
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 7
  • Total Bedrooms: 7
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Slate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Laminate Hardwood, Wall to Wall Carpet, Bath Off Primary, Dining Room, Skylight(s), Water Heater
  • Living Area: 5000
  • Main Level Bedrooms: 4
  • Bathrooms: 3.5
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 5000
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: City, Lake, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • HeatingCoolingType: Forced Air
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: basement
  • WaterHeaterType: gas
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 5460500020
  • Land Lease: No
  • Lot Size Acres: 0.2169
  • Lot Size Sq Ft: 9450
  • Zoning Description: R-8.4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 12785

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Island Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Jan 3, 2023
Sold by
Young Darlene
Bought by
Mcelmurray John Alexander and Xia Chuan
Seller's Agent
Michael Wong
COMPASS
Buyer's Agent
Summer Yu Ning
Skyline Properties, Inc.
List Price
$2,499,000
Sold Price
$2,150,000
Premium/Discount to List
-$349,000
-13.97%
Views
58
Current Estimated Value
$2,951,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$801,648
Avg. Annual Appreciation
10.20%
Original Mortgage
$1,713,004
Outstanding Balance
$1,657,313
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$1,140,297

Purchase Details

Closed on
Mar 30, 2022
Sold by
Young Rose Chin
Bought by
Young Darlene A and Young Diane A

Purchase Details

Closed on
Jul 5, 2002
Sold by
Young Rose C
Bought by
Young Rose C

Purchase Details

Closed on
Nov 13, 1989
Sold by
Young Kwock B
Bought by
Young Kwock B and Young Rose C
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcelmurray John Alexander $2,150,000 Fidelity National Title
Young Darlene A -- --
Young Rose C -- --
Young Kwock B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelmurray John Alexander $1,713,004
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $2,150,000 -14.0% $430 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $2,499,000 -- $500 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,795 $2,258,000 $1,260,000 $998,000
2023 $14,611 $2,121,000 $1,189,000 $932,000
2022 $12,785 $2,372,000 $1,338,000 $1,034,000
2021 $12,271 $1,735,000 $1,102,000 $633,000
2020 $12,031 $1,532,000 $1,050,000 $482,000
2018 $11,675 $1,490,000 $830,000 $660,000
2017 $9,863 $1,345,000 $751,000 $594,000
2016 $9,176 $1,211,000 $687,000 $524,000
2015 $8,841 $1,097,000 $622,000 $475,000
2014 -- $1,010,000 $575,000 $435,000
2013 -- $860,000 $538,000 $322,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1996415

Northwest Multiple Listing Service (NWMLS)

APN: 546050-0020