Listed by Real Residential, Bought with Windermere Real Estate/East
$5,000,000
SOLD JUN 28, 2023
5 Beds
6.5 Baths
5,870 Sq Ft
0.7 Acres

Recently Sold

$852 Per Sq Ft

2 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Fruit Trees
  • Island Park Elementary School Rated A
  • Lake View
  • Fireplace in Primary Bedroom

About This Home

As of June 2023

1926 Arthur Loveless Tudor meticulously restored and updated by the current owners with 40 feet of shared waterfront and 0.7 acres of grounds, including English Gardens, paver driveway, detached 2 car garage, 100-year-old cellar, and endless options for indoor and outdoor entertaining and exploration. The main house features over 5,800 square feet of living with luxurious fixtures, honed marble sinks and counters, original hardwoods, and approx. 2,000 panes of glass for stunning natural light and Lake views. A stunning display of custom woodworking and craftsmanship combined with modern conveniences that include updated systems, remodeled bathrooms, and a centrally located gourmet kitchen with island, butler’s pantry, and breakfast nook.

Last Agent to Sell the Property

Nick Glant

Real Residential License #49843 Listed on: 06/06/2023

Co-Listed By

Shawn Filer

Real Residential License #23778

Last Buyer's Agent

Stephanie St. Mary

Windermere Real Estate/East License #33451

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2066434

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,553

Year Built

  • Built in 1926

Lot Details

  • 0.7 Acre Lot
  • Low Bank Waterfront Property
  • 40 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Secluded Lot
  • Terraced Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Zoning described as R15

Parking

  • 2 Car Detached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Shake Roof
  • Stucco

Interior Spaces

  • 5,870 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Loft
  • Home Security System
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Radiator
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mercer Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0046100159

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,553

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1926
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5870
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 800

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 5
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Dining Room, Fireplace (Primary Bedroom), Loft, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Pantry, Wet Bar, Fireplace, Water Heater
  • Living Area: 5870
  • Main Level Bedrooms: 1
  • Bathrooms: 5.25
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 5870
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 3
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Cedar Shake
  • View: Lake, Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, Lake, No Bank
  • Waterfront: Yes
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 40
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Mercer Island utilities
  • WaterCompany: Mercer Island utilities
  • WaterHeaterType: 80 gallon Stainless Steel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 0046100159
  • Topography: PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.701
  • Lot Size Sq Ft: 30534
  • Zoning Description: R15
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dock,Gas Available,High Speed Internet,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 17553

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Island Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jun 10, 2023
Sold by
Smiboe Trust
Bought by
Goodrich Andrew R and Goodrich Jennifer R
Seller's Agent
Nick Glant
Real Residential
Buyer's Agent
Stephanie St. Mary
Windermere Real Estate/East
List Price
$4,985,000
Sold Price
$5,000,000
Premium/Discount to List
$15,000
0.3%
Views
17
Current Estimated Value
$4,992,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,435
Avg. Annual Appreciation
-0.07%

Purchase Details

Closed on
Dec 7, 2018
Sold by
Kjellander Valentin Johan and Kjellander Valentin Helena
Bought by
Smiboe Trust

Purchase Details

Listed on
Jan 29, 2014
Closed on
Jun 12, 2014
Sold by
Brown Ronald G
Bought by
Valentin Johan and Valentin Helena Kjellander
Seller's Agent
Alise Roberts
Windermere Real Estate/East
Buyer's Agent
Amber Bills
The Amber Bills Group
List Price
$2,250,000
Sold Price
$3,256,211
Premium/Discount to List
$1,006,211
44.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$1,643,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2000
Sold by
Fagerholm Rodger F and Fagerholm Margo
Bought by
Roth Cary L and Roth Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,430,000
Interest Rate
8.12%

Purchase Details

Closed on
Jun 17, 1988
Sold by
Kranz Jay M & Carol A
Bought by
Fagerholm Rodger E and Fagerholm Margo

Purchase Details

Closed on
Apr 12, 1982
Sold by
Kranz Carol A
Bought by
Kranz Jay M & Carol A
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 $5,000,000 Chicago Title Company Of Washi
Quit Claim Deed -- None Available
Quit Claim Deed $3,256,210 First American
Warranty Deed $4,035,000 Transnation Title Insurance
Warranty Deed $850,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,579,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,633,408 Adjustable Rate Mortgage/ARM
Previous Owner $1,643,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,632,000 Purchase Money Mortgage
Previous Owner $0 Undefined Multiple Amounts
Previous Owner $938,570 Unknown
Previous Owner $2,430,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $5,000,000 +0.3% $852 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $4,985,000 +53.1% $849 / Sq Ft
06/19/2014 06/19/14 Sold $3,256,211 +8.5% $590 / Sq Ft
02/14/2014 02/14/14 Price Changed $3,000,000 +33.3% $543 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $2,250,000 -- $408 / 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 $21,863 $3,338,000 $1,763,000 $1,575,000
2023 $21,587 $3,135,000 $1,664,000 $1,471,000
2022 $17,553 $3,271,000 $1,872,000 $1,399,000
2021 $16,847 $2,383,000 $1,541,000 $842,000
2020 $17,604 $2,104,000 $1,468,000 $636,000
2018 $17,077 $2,181,000 $1,278,000 $903,000
2017 $14,426 $1,968,000 $1,156,000 $812,000
2016 $14,380 $1,772,000 $1,057,000 $715,000
2015 $13,859 $1,720,000 $957,000 $763,000
2014 -- $1,584,000 $885,000 $699,000
2013 -- $1,566,000 $782,000 $784,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2066434

Northwest Multiple Listing Service (NWMLS)

APN: 004610-0159