NOT LISTED FOR SALE

Estimated Value: $3,772,000 - $4,747,942

6 Beds
6 Baths
6,600 Sq Ft
$659/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $2,379,000 $360 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $26,112/month

26 Days on Market

Highlights

  • Deck
  • Secluded Lot
  • Wood Flooring
  • Island Park Elementary School Rated A
  • Wooded Lot
  • 4 Fireplaces

About This Home

As of March 2018

Private gated estate with amazing spaces for formal and informal entertaining. Main level features guest suite, home office, chef's kitchen and large family room. Upper level master suite with fireplace, huge closets and spa bathroom with 3 additional bedrooms with adjoining baths. Lower level complete with very cool media room, another guest suite plus storage. Elevator to all levels, wine cellar, two laundry rooms, central vac, patios and wrap around decks combine to make this a fun retreat!

Last Listed By

Robert Potashnick

Ewing & Clark, Inc. License #1925 Listed on: 12/19/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1226485

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,833

Year Built

  • Built in 2001

Lot Details

  • Gated Home
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R15

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco
  • Stone

Interior Spaces

  • 4 Fireplaces
  • Finished Basement

Kitchen

  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 9845500040

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,833

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Security System, Skylights, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 5.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 5
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 3
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 6600
  • Square Footage Finished: 6600

Exterior Features

  • Exterior: Stone, Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Basement
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

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

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Dimensions: 126760
  • Lot Sq Ft: 126760
  • Lot Topography Vegetation: Level, Partial Slope, Sloped, Wooded
  • Parcel Number: 9845500040
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Partial Slope, Sloped, Wooded

Tax Info

  • Tax Amount: 21914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2022
Sold by
Patel Kunal Chittaranjan and Patel Nayana Singh
Bought by
Kunal And Nayana Patel Trust
Total Days on Market
26
Current Estimated Value
$4,351,736

Purchase Details

Listed on
Dec 19, 2017
Closed on
Feb 20, 2018
Sold by
Terry Jason
Bought by
Patel Kunal C and Patel Nayana S
Seller's Agent
Robert Potashnick
Ewing & Clark, Inc.
Buyer's Agent
Meredith Erickson
eXp Realty
List Price
$2,379,000
Sold Price
$2,379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$1,427,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2004
Sold by
Terry Johnyika
Bought by
Terry Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,888,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Youssefieh Joseph E and Youssefieh Belinda D
Bought by
Terry Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,888,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Kunal And Nayana Patel Trust -- --
Patel Kunal C $2,379,000 Rainier Title Llc
Terry Jason -- Stewart Title
Terry Jason $2,360,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Kunal C $510,000
Previous Owner Patel Kunal C $592,000
Previous Owner Patel Kunal C $1,427,000
Previous Owner Terry Jason $600,000
Previous Owner Terry Jason $2,175,000
Previous Owner Terry Jason E $350,000
Previous Owner Terry Jason $1,908,500
Previous Owner Terry Jason $1,888,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $2,379,000 0.0% $360 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $2,379,000 -- $360 / 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 $23,833 $3,639,000 $1,637,000 $2,002,000
2023 $23,982 $3,483,000 $1,545,000 $1,938,000
2022 $21,440 $3,895,000 $1,739,000 $2,156,000
2021 $21,063 $2,911,000 $1,432,000 $1,479,000
2020 $19,199 $2,631,000 $1,364,000 $1,267,000
2018 $26,988 $2,379,000 $1,531,000 $848,000
2017 $23,560 $3,111,000 $1,385,000 $1,726,000
2016 $21,914 $2,895,000 $1,266,000 $1,629,000
2015 $21,114 $2,622,000 $1,146,000 $1,476,000
2014 -- $2,414,000 $1,060,000 $1,354,000
2013 -- $2,120,000 $898,000 $1,222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1226485

Northwest Multiple Listing Service (NWMLS)

APN: 984550-0040