NOT LISTED FOR SALE

Estimated Value: $1,550,000 - $1,757,000

3 Beds
2 Baths
1,480 Sq Ft
$1,099/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $901,000 $609 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,841/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • Patio
  • Island Park Elementary School Rated A
  • 1 Fireplace
  • Ceramic Tile Flooring

About This Home

As of May 2016

Now it is a Great Deal! Two tax lots for a total of 32,775sf. Great setting for an estate home on both lots. Three bedroom two bath rambler sits peacefully on lot 2 could be a good rental while planning for the future. Located minutes to the Shore Club and I-90 and is a short commute to Seattle, Bellevue, and the Eastside. Estate, Sold AS-IS.

Last Agent to Sell the Property

Doug McKiernan

Windermere Mercer Island License #19821 Listed on: 04/26/2016

Windermere Mercer Island

Last Buyer's Agent

Andrea Pirzio-Biroli

John L. Scott, Inc. License #1954

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM929458

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,397

Year Built

  • Built in 1955

Lot Details

  • Street terminates at a dead end
  • Level Lot
  • Property is zoned R-15

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Carport
  • RV Access or Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Patio

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1561800020

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,397

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Square Footage Finished: 1480

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Torch Down

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Outside closet-Gas
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: East Mercer
  • Project: Chestnut Hill

Schools

  • School District: MIS

Lot Info

  • Lot Number: 1 & 2
  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: See Attached Docs
  • Lot Sq Ft: 32775
  • Lot Topography Vegetation: Level, Sloped
  • Parcel Number: 1561800020
  • Zoning Code: R-15
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Sloped

Tax Info

  • Tax Amount: 6148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
May 17, 2016
Sold by
Clausing Glen R
Bought by
Denny Richard Arthur
Seller's Agent
Doug McKiernan
Windermere Mercer Island
Buyer's Agent
Andrea Pirzio-Biroli
John L. Scott, Inc.
List Price
$755,000
Sold Price
$901,000
Premium/Discount to List
$146,000
19.34%
Current Estimated Value
$1,625,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724,943

Purchase Details

Closed on
Aug 20, 2012
Sold by
Hultquist Homes Inc
Bought by
Nguyen Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,960
Interest Rate
3.53%
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 Buyer Sale Price Title Company
Denny Richard Arthur $901,000 First American
Nguyen Michael B $274,950 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Michael B $219,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $901,000 +19.3% $609 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $755,000 -- $510 / 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 $9,397 $1,433,000 $1,135,000 $298,000
2023 $9,249 $1,346,000 $1,071,000 $275,000
2022 $8,303 $1,506,000 $1,205,000 $301,000
2021 $7,976 $1,126,000 $992,000 $134,000
2020 $5,945 $995,000 $945,000 $50,000
2018 $6,178 $736,000 $692,000 $44,000
2017 $5,218 $711,000 $626,000 $85,000
2016 $4,857 $640,000 $573,000 $67,000
2015 $4,680 $580,000 $519,000 $61,000
2014 -- $534,000 $480,000 $54,000
2013 -- $511,000 $473,000 $38,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM929458

Northwest Multiple Listing Service (NWMLS)

APN: 156180-0020