NOT LISTED FOR SALE

Estimated Value: $2,204,000 - $4,236,325

6 Beds
1 Bath
5,121 Sq Ft
$655/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $1,765,000 $345 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $19,231/month

146 Days on Market

Highlights

  • RV Access or Parking
  • Lake View
  • Secluded Lot
  • Island Park Elementary School Rated A
  • Deck
  • Bamboo Flooring

About This Home

As of January 2018

Architectural masterpiece at the end of a private lane takes full advantage of panoramic lake views! Enormous kitchen with walls of windows is flooded w/ light & boasts slab granite, walk-in pantry, wine room & flows into family room. Huge game room has dramatic 2 story fireplace & windows. Master wing has 2 baths & 3 rooms for dual offices or nursery. 2 other guest wings attached by Jack & Jill sauna. Wraparound deck captures the views & privacy w/flat yard for the ultimate in outdoor living.

Last Listed By

Stacey Brower

KW Greater Seattle License #50311 Listed on: 07/25/2017

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1165901

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,046

Year Built

  • Built in 1979

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Garden

Property Views

  • Lake
  • Mountain

Home Design

  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 4 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 2524200030

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,046

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Jetted Tub, Sauna, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6.00
  • Bathrooms: 4.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 2
  • Main Half Bathrooms: 2
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 3
  • Den or Office: Upper
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5121
  • Square Footage Finished: 5121

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Pillar, Poured Concrete
  • Roof: Cedar Shake, Flat
  • View: Lake, Mountain

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Storage Closest Main-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer

Schools

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

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 15415
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 2524200030
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 13124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jan 16, 2018
Sold by
Lee Celia Ann Ling and Lee Larry
Bought by
Yan Jun and Ma Tao
Seller's Agent
Stacey Brower
KW Greater Seattle
Buyer's Agent
Hong Xu
Skyline Properties, Inc.
List Price
$1,850,000
Sold Price
$1,765,000
Premium/Discount to List
-$85,000
-4.59%
Total Days on Market
146
Current Estimated Value
$3,355,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,590,831
Avg. Annual Appreciation
9.23%
Original Mortgage
$1,462,822
Outstanding Balance
$1,231,111
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,124,720

Purchase Details

Closed on
Jan 24, 2011
Sold by
Shetty Sudhakar and Shetty Ritu K
Bought by
Lee Celia Ann Ling

Purchase Details

Closed on
Aug 30, 2010
Sold by
Lee Larry Cha Ya
Bought by
Lee Celia Ann Ling

Purchase Details

Closed on
Apr 23, 2003
Sold by
Bryan Gary W and Bryan June F
Bought by
Shetty Sudhakar and Shetty Ritu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 1998
Sold by
Wexler Robert M and Wexler Christina A
Bought by
Bryan Gary W and Bryan June F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
7.12%

Range of Values:

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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
Yan Jun $1,765,000 First American Title Insuran
Lee Celia Ann Ling $1,100,000 Chicago Title
Lee Celia Ann Ling -- Chicago Title
Shetty Sudhakar $870,000 Transnation Ti
Bryan Gary W $715,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Jun $776,250
Open Yan Jun $1,462,822
Previous Owner Shetty Sudhakar $220,000
Previous Owner Shetty Sudhakar $125,000
Previous Owner Shetty Sudhakar $100,000
Previous Owner Shetty Sudhakar $689,000
Previous Owner Shetty Sudhakar $696,000
Previous Owner Bryan Gary W $572,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $1,765,000 -4.6% $345 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
09/02/2017 09/02/17 Price Changed $1,850,000 0.0% $361 / Sq Ft
09/02/2017 09/02/17 For Sale $1,850,000 -6.6% $361 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $1,980,000 -- $387 / 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 $17,046 $2,602,000 $1,249,000 $1,353,000
2023 $16,776 $2,444,000 $1,179,000 $1,265,000
2022 $15,059 $2,734,000 $1,327,000 $1,407,000
2021 $14,455 $2,044,000 $1,093,000 $951,000
2020 $15,488 $1,805,000 $1,041,000 $764,000
2018 $15,031 $1,919,000 $1,061,000 $858,000
2017 $13,124 $1,732,000 $960,000 $772,000
2016 $12,208 $1,612,000 $878,000 $734,000
2015 $11,761 $1,460,000 $795,000 $665,000
2014 -- $1,344,000 $735,000 $609,000
2013 -- $1,004,000 $644,000 $360,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1165901

Northwest Multiple Listing Service (NWMLS)

APN: 252420-0030