NOT LISTED FOR SALE

Estimated Value: $1,997,000 - $2,475,450

5 Beds
3 Baths
2,960 Sq Ft
$769/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $2,395,000 $809 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $13,665/month

2 Days on Market

Highlights

  • Lake View
  • Deck
  • Vaulted Ceiling
  • Island Park Elementary School Rated A
  • Property is near public transit
  • Marble Flooring

About This Home

As of April 2022

This is the one you've been waiting for. Tucked down a private drive this 5 bedroom, 2.5 bath home is situated on a 14,175 sq. ft. lot with views of Lake Washington, the Seattle Skyline, and the Olympic Mountains. Recently renovated the home features new kitchen, new paint inside & out, new 50-year roof, new electrical, and more. New kitchen highlights include Oceano Blue quartzite slab and Kitchen-Aid stainless appliances. Basement completely finished with guest suite, den/office, and bonus room with wet-bar. Hardscape/yard refurbishment with new lawn in front and new patio in back. Convenient mid-island location. Award winning Mercer Island schools.

Last Agent to Sell the Property

Martin Weiss

John L. Scott, Inc. License #26872 Listed on: 02/24/2022

John L. Scott, Inc.

Co-Listed By

Karen Lindsay

John L. Scott, Inc. License #9704

Last Buyer's Agent

Julie Wilson

Windermere Mercer Island License #114704

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1893405

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,804

Year Built

  • Built in 1967

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,960 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • 3 Fireplaces
  • Dining Room
  • Storm Windows
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mid Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 16
  • Assessor Parcel Number 7598100765

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,804

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1967
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Schmids Vitus E Seattle Acre
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2960
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,183

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Marble, Slate, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Wet Bar, Bath Off Primary, Double Pane/Storm Window, Dining Room, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 2960
  • Main Level Bedrooms: 4
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 2960
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Forced Air,Insert
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 7598100765
  • Topography: Level,PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.3254
  • Lot Size Sq Ft: 14175
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 7

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 8803.84

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 12, 2022
Sold by
Kanipe Benjamin J and Kanipe Kathryn M
Bought by
Singhvi Aakanksha and Jayaraj Sebastian
Seller's Agent
Martin Weiss
John L. Scott, Inc.
Buyer's Agent
Julie Wilson
Windermere Mercer Island
List Price
$2,000,000
Sold Price
$2,395,000
Premium/Discount to List
$395,000
19.75%
Current Estimated Value
$2,276,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,137
Avg. Annual Appreciation
-1.56%
Original Mortgage
$1,916,000
Outstanding Balance
$1,822,457
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$454,406

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 8, 2020
Sold by
Schmidt Michael Anthony and Estate Of Elaine Schmidt
Bought by
Kanipe Benjamin J and Kanipe Kathryn M
Seller's Agent
Doug McKiernan
Windermere Mercer Island
Buyer's Agent
Martin Weiss
John L. Scott, Inc.
List Price
$950,000
Sold Price
$1,000,000
Premium/Discount to List
$50,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.10%
Original Mortgage
$157,250
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Singhvi Aakanksha $2,395,000 Wfg National Title Company Of
Kanipe Benjamin J $1,000,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singhvi Aakanksha $1,916,000
Previous Owner Kanipe Benjamin J $892,250
Previous Owner Kanipe Benjamin J $157,250
Previous Owner Kanipe Benjamin J $741,750
Previous Owner Schmidt Arnold G $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $2,395,000 +19.8% $809 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $2,000,000 +100.0% $676 / Sq Ft
04/20/2020 04/20/20 Sold $1,000,000 +5.3% $546 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $950,000 -- $519 / 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 $13,074 $1,995,000 $1,418,000 $577,000
2023 $13,159 $1,910,000 $1,338,000 $572,000
2022 $8,804 $2,136,000 $1,506,000 $630,000
2021 $8,824 $1,194,000 $1,082,000 $112,000
2020 $848 $1,101,000 $1,031,000 $70,000
2018 $921 $430,000 $280,000 $150,000
2017 $983 $883,000 $653,000 $230,000
2016 $2,094 $795,000 $597,000 $198,000
2015 $2,148 $720,000 $541,000 $179,000
2014 -- $663,000 $500,000 $163,000
2013 -- $598,000 $495,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1893405

Northwest Multiple Listing Service (NWMLS)

APN: 759810-0765