$4,800,000
SOLD AUG 6, 2018
5 Beds
1 Bath
4,270 Sq Ft
0.5 Acres

Recently Sold

$1,124 Per Sq Ft

13% Below List Price

24 Days on Market

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • Lake View
  • Island Park Elementary School Rated A
  • Docks
  • Cape Cod Architecture

About This Home

As of June 2021

Prime northend wfrt residence, thoughtfully designed & meticulously maintained on Cedar Cove.Built in 2015 on a flat 22,324 sqft lot,70’ of Lk WA coast.Home offers 5+ beds w/guest suite,5 separate baths.Gourmet kitchen,high-end appliances & gorgeous wine cellar make entertaining a snap.Dock w/charming shingled boathouse is unique & picturesque.Outdoor covered dining,lakeside deck & fire pit make entertaining the best part of the summer.

Last Agent to Sell the Property

Sam Chapin

Engel & Voelkers Mercer Island License #117668 Listed on: 05/29/2018

Engel & Voelkers Mercer Island

Co-Listed By

Daniel Gottesman

Engel & Voelkers Mercer Island License #39554

Last Buyer's Agent

Renee McGahan

COMPASS License #119664

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1301043

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,143

Year Built

  • Built in 2015

Lot Details

  • Low Bank Waterfront Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is zoned R-15

Parking

  • Attached Garage

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Lake Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Boathouse
  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 0046100052

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,143

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Cape Cod
  • New Construction: Completed
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Wine Cellar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Disabled Access, French Doors, High Tech Cabling, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Bathrooms: 4.25
  • Bathrooms Main: Main
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4270
  • Square Footage Finished: 4270

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition, Torch Down
  • View: Lake
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 70'

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Republic Services
  • Water Company: City of MI
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 21732
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 0046100052
  • Zoning Code: R-15
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 40429

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
May 17, 2021
Sold by
Bahat Omri
Bought by
Bengston Robert A and Bengston Janice Smith
Seller's Agent
Renee McGahan
COMPASS
Buyer's Agent
Todd Rauch
Windermere Real Estate/East
List Price
$5,900,000
Sold Price
$5,900,000
Current Estimated Value
$7,115,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,215,149
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
May 29, 2018
Closed on
Aug 3, 2018
Sold by
Bahat Omri and Reck Tara Jayne
Bought by
Bahat Omri
Seller's Agent
Sam Chapin
Engel & Voelkers Mercer Island
Buyer's Agent
Renee McGahan
COMPASS
List Price
$5,495,000
Sold Price
$4,800,000
Premium/Discount to List
-$695,000
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$2,000,001
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2018
Closed on
Aug 1, 2018
Sold by
Otter John S and Otter Molly G
Bought by
Bahat Omri
Seller's Agent
Sam Chapin
Engel & Voelkers Mercer Island
Buyer's Agent
Renee McGahan
COMPASS
List Price
$5,495,000
Sold Price
$4,800,000
Premium/Discount to List
-$695,000
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,001
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2014
Sold by
Otter John S and Otter Molly G
Bought by
John & Molly Otter Family Living Trust and Otter Molly G

Purchase Details

Listed on
Nov 27, 2012
Closed on
Jan 24, 2013
Sold by
Towe Gail V
Bought by
Otter John S and Otter Molly G
Seller's Agent
Stephanie St. Mary
Windermere Real Estate/East
Buyer's Agent
Patricia Wallace
Coldwell Banker Bain
List Price
$2,170,000
Sold Price
$2,170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$1,536,500
Interest Rate
3.33%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $5,900,000 Chicago Title Company Of Wa
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $4,800,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $2,170,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,980,000 New Conventional
Previous Owner $2,000,001 New Conventional
Previous Owner $550,000 Credit Line Revolving
Previous Owner $1,536,500 New Conventional
Previous Owner $1,309,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $5,900,000 0.0% $1,382 / Sq Ft
06/18/2021 06/18/21 For Sale $5,900,000 +22.9% $1,382 / Sq Ft
08/06/2018 08/06/18 Sold $4,800,000 -12.6% $1,124 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $5,495,000 +153.2% $1,287 / Sq Ft
01/30/2013 01/30/13 Sold $2,170,000 0.0% $770 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
11/27/2012 11/27/12 For Sale $2,170,000 -- $770 / 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 $43,143 $6,590,000 $2,884,000 $3,706,000
2023 $42,438 $6,189,000 $2,721,000 $3,468,000
2022 $38,084 $6,921,000 $3,061,000 $3,860,000
2021 $36,555 $5,173,000 $2,520,000 $2,653,000
2020 $36,911 $4,568,000 $2,400,000 $2,168,000
2018 $46,315 $5,533,000 $2,243,000 $3,290,000
2017 $40,429 $5,340,000 $2,157,000 $3,183,000
2016 $42,604 $4,969,000 $1,972,000 $2,997,000
2015 $16,866 $5,099,000 $1,785,000 $3,314,000
2014 -- $1,928,000 $1,650,000 $278,000
2013 -- $1,665,000 $1,486,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1301043

Northwest Multiple Listing Service (NWMLS)

APN: 004610-0052