NOT LISTED FOR SALE

Estimated Value: $1,238,000 - $1,565,000

3 Beds
2 Baths
1,608 Sq Ft
$898/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $598,000 $372 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $8,632/month

3 Days on Market

About This Home

As of May 2013

Welcome home to Mercer Island! A fantastic 1,608sf freshly updated 3 bedroom, one level residence with 2 car garage awaits. Set upon a wonderfully level and fenced lot just a quick walk to everything- parks, library and award winning Mercer Island schools. It really is “The Location” and it’s good to be At Home On MI.

Last Agent to Sell the Property

Scott Richards

Windermere Real Estate/East License #17884 Listed on: 02/19/2013

Windermere Real Estate/East

Last Buyer's Agent

Frank Li

Bel-Red Realty Service License #23811

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM449630

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$7,905

Year Built

1966

Lot Details

0

Interior Features

  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room
  • Floor: Hardwood, Laminate

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Full Fence, Natural Gas Available, Outbuildings, Patio, RV Parking

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 2

Utilities

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of MI
  • Water Company: City of MI
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
Apr 25, 2013
Sold by
American International Relocation Soluti
Bought by
Chen Liping
Seller's Agent
Scott Richards
Windermere Real Estate/East
Buyer's Agent
Frank Li
Bel-Red Realty Service
List Price
$598,000
Sold Price
$598,000
Current Estimated Value
$1,443,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$845,609
Avg. Annual Appreciation
7.52%
Original Mortgage
$417,000
Outstanding Balance
$301,279
Interest Rate
3.54%
Estimated Equity
$1,142,330

Purchase Details

Listed on
Feb 19, 2013
Closed on
Apr 9, 2013
Sold by
Huang Bingyu
Bought by
Chen Liping
Seller's Agent
Scott Richards
Windermere Real Estate/East
Buyer's Agent
Frank Li
Bel-Red Realty Service
List Price
$598,000
Sold Price
$598,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$301,279
Interest Rate
3.54%
Estimated Equity
$1,142,330

Purchase Details

Closed on
Nov 2, 2011
Sold by
Cameron Craig S
Bought by
Dwenger Angela J Sherer and Dwenger Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
4.02%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Cameron Craig S
Bought by
Cameron Craig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
4.02%

Purchase Details

Closed on
Aug 18, 2011
Sold by
Cameron Craig S
Bought by
Cameron Craig S

Purchase Details

Closed on
Oct 6, 2010
Sold by
Cameron Craig S
Bought by
Cameron Craig S
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Chen Liping $598,000 First American
American International Relocation Soluti $598,000 First American
Chen Liping -- First American
Dwenger Angela J Sherer $425,000 Chicago Title
Cameron Craig S -- None Available
Cameron Craig S -- None Available
Cameron Craig S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Liping $417,000
Previous Owner Dwenger Angela J Sherer $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2013 05/08/13 Sold $598,000 0.0% $372 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $598,000 -- $372 / 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 $7,905 $1,205,000 $984,000 $221,000
2023 $7,931 $1,154,000 $929,000 $225,000
2022 $7,119 $1,291,000 $1,046,000 $245,000
2021 $7,136 $965,000 $861,000 $104,000
2020 $6,553 $890,000 $820,000 $70,000
2018 $5,874 $811,000 $649,000 $162,000
2017 $5,129 $676,000 $587,000 $89,000
2016 $4,774 $629,000 $537,000 $92,000
2015 $4,602 $570,000 $486,000 $84,000
2014 -- $525,000 $450,000 $75,000
2013 -- $438,000 $402,000 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM449630

Northwest Multiple Listing Service (NWMLS)

APN: 182405-9162