NOT LISTED FOR SALE

Estimated Value: $3,148,000 - $4,258,000

5 Beds
3 Baths
5,240 Sq Ft
$739/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $1,378,400 $263 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $22,232/month

116 Days on Market

Highlights

  • Spa
  • Lake View
  • Northwest Architecture
  • Island Park Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of June 2015

Entering this secluded oasis overlooking Lake Washington, one discovers gleaming Brazilian Cherry floors and lush carpets. This entertainers paradise sports a Chef's Kitchen and vast space in an open floor plan on the main floor, outdoor areas & gardens for entertaining, private sports court, shared private beach, 3-car garage and a massive driveway for guest parking. The upper and basement levels provide elegant living space & ample storage. This is a unique opportunity at an incredible price!

Last Agent to Sell the Property

Terry Donovan

Windermere Mercer Island License #48111 Listed on: 12/06/2014

Windermere Mercer Island

Last Buyer's Agent

Paul Conley

Windermere R.E. Northeast, Inc License #2510

Windermere R.E. Northeast, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM717527

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,222

Year Built

  • Built in 1973

Lot Details

  • Terraced Lot
  • Sprinkler System
  • Wooded Lot
  • Garden

Parking

  • Detached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 4 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Spa
  • Deck

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0046100160

Community Details

Overview

  • East Mercer Community

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,222

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Hot Tub/Spa, Security System, Skylights, Solarium/Atrium, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 5.00
  • Lower Level Bedroom: 2
  • Bathrooms: 3.75
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5240
  • Square Footage Finished: 5240

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Lake, Mountain, Territorial
  • Waterfront: Lake, No Bank

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City Of Mercer Island
  • Water Heater: Basement-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer
  • Project: Adams ake Washington

Schools

  • Elementary School: Isl Park Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 2&3
  • Lot Details: Paved Street
  • Lot Sq Ft: 37500
  • Lot Topography Vegetation: Garden Space, Sloped, Terraces, Wooded
  • Parcel Number: 0046100160
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Sloped, Terraces, Wooded

Rental Info

  • Monthly Rentif Rented: 5250

Tax Info

  • Tax Amount: 13500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2014
Closed on
Jun 22, 2015
Sold by
Schwimmer Georgia and Bergman John E
Bought by
Nechayev Andrew and Potapova Maria
Seller's Agent
Terry Donovan
Windermere Mercer Island
Buyer's Agent
Paul Conley
Windermere R.E. Northeast, Inc
List Price
$1,550,000
Sold Price
$1,378,400
Premium/Discount to List
-$171,600
-11.07%
Current Estimated Value
$3,874,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,496,459
Avg. Annual Appreciation
10.46%
Original Mortgage
$827,040
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Kilgallon Timothy J and Kilgallon Irene F
Bought by
Bergman John E and Schwimmer Georgia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1997
Sold by
Hunter John C and Escobedo Eva M
Bought by
Kilgallon Timothy J and Kilgallon Irene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.16%

Purchase Details

Closed on
Apr 14, 1992
Sold by
Levinson David B
Bought by
Hunter John C and Escobedo Eva M
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
Nechayev Andrew $1,378,400 Fidelity Natio
Bergman John E $1,100,000 Chicago Title
Kilgallon Timothy J $821,000 Chicago Title Insurance Co
Hunter John C $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nechayev Andrew $827,040
Previous Owner Bergman John E $350,000
Previous Owner Kilgallon Timothy J $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $1,378,400 -11.1% $263 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $1,550,000 +12.4% $296 / Sq Ft
03/26/2015 03/26/15 Off Market $1,378,400 -- --
02/20/2015 02/20/15 For Sale $1,550,000 +12.4% $296 / Sq Ft
01/25/2015 01/25/15 Off Market $1,378,400 -- --
12/06/2014 12/06/14 For Sale $1,550,000 -- $296 / 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 $21,222 $3,240,000 $1,595,000 $1,645,000
2023 $21,353 $3,101,000 $1,505,000 $1,596,000
2022 $18,606 $3,468,000 $1,693,000 $1,775,000
2021 $18,278 $2,526,000 $1,394,000 $1,132,000
2020 $15,899 $2,283,000 $1,328,000 $955,000
2018 $14,458 $1,970,000 $1,227,000 $743,000
2017 $15,060 $1,666,000 $1,110,000 $556,000
2016 $14,012 $1,500,000 $1,015,000 $485,000
2015 $13,500 $1,676,000 $919,000 $757,000
2014 -- $1,543,000 $850,000 $693,000
2013 -- $1,187,000 $652,000 $535,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM717527

Northwest Multiple Listing Service (NWMLS)

APN: 004610-0160