Listed by Windermere Mercer Island, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

4525 Ferncroft Rd Mercer Island, WA 98040

East Mercer Neighborhood

Estimated Value: $1,681,000 - $2,314,000

4 Beds
3 Baths
2,970 Sq Ft
$693/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $890,000 $300 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $11,885/month

62 Days on Market

About This Home

As of November 2014

"A Stream Runs Through It" NW Contemporary retreat features soaring ceilings, clerestory windows & skylights for plenty of light & lush views. Gather w/friends, kick back in the huge rec room or simply relax & savor the solitude. Master ste has a fireplace, sauna, soaking tub & adjacent den/loft. Carefully selected NW native plants, along w/bridges crossing a babbling brook, enhances the sylvan setting. Step into this nature-lover's paradise & let it soothe your cares away! lots of parking

Last Agent to Sell the Property

Allen Hovsepian

Windermere Mercer Island License #9082 Listed on: 08/12/2014

Windermere Mercer Island

Last Buyer's Agent

Tamara Marson

Windermere Real Estate Midtown License #6965

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM680732

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$12,387

Year Built

1977

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 2970
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplaces: 3
  • Basement: Fully Finished
  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, Loft, Sauna, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 3
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Garage-Gas

Exterior Features

  • Roof: Composition, Torch Down
  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Lot Details: Cul-de-sac, Dead End Street, Paved Street
  • Roof: Composition, Torch Down
  • Site Features: Cable TV, Deck, Natural Gas Available, High Speed Internet
  • View: Territorial
  • Waterfront: Creek
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Wooded

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2018
Sold by
Shaw Barry W and Shaw Suzanne B
Bought by
Shaw Suzanne B
Current Estimated Value
$2,059,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$227,218
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,831,821

Purchase Details

Listed on
Aug 12, 2014
Closed on
Oct 31, 2014
Sold by
National Residential Nominee Services In
Bought by
Shaw Barry W and Beal Suzanne B
Seller's Agent
Allen Hovsepian
Windermere Mercer Island
Buyer's Agent
Tamara Marson
Windermere Real Estate Midtown
List Price
$940,000
Sold Price
$890,000
Premium/Discount to List
-$50,000
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$506,000
Outstanding Balance
$389,888
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,669,151

Purchase Details

Listed on
Aug 12, 2014
Closed on
Oct 15, 2014
Sold by
Doulatshahi Farshad T and Doulatshahi Paulette B
Bought by
National Residential Nominee Services In
Seller's Agent
Allen Hovsepian
Windermere Mercer Island
Buyer's Agent
Tamara Marson
Windermere Real Estate Midtown
List Price
$940,000
Sold Price
$890,000
Premium/Discount to List
-$50,000
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Outstanding Balance
$389,888
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,669,151

Purchase Details

Closed on
Aug 29, 2000
Sold by
Hume Jack and Hume Bonnie
Bought by
Doulatshahi Farshad T and Doulatshahi Paulette B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
8.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shaw Suzanne B -- Rainier Title
Shaw Barry W $890,000 Fidelity Natio
National Residential Nominee Services In $890,000 Fidelity Natio
Doulatshahi Farshad T $530,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Suzanne B $260,000
Open Shaw Barry W $506,000
Previous Owner Doulatshahi Farshad T $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2014 11/13/14 Sold $890,000 -1.1% $300 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
09/26/2014 09/26/14 Price Changed $900,000 -4.3% $303 / Sq Ft
08/12/2014 08/12/14 For Sale $940,000 -- $316 / 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 $12,387 $1,890,000 $1,258,000 $632,000
2023 $12,465 $1,809,000 $1,187,000 $622,000
2022 $10,776 $2,024,000 $1,336,000 $688,000
2021 $10,592 $1,462,000 $1,100,000 $362,000
2020 $10,239 $1,322,000 $1,048,000 $274,000
2018 $10,635 $1,268,000 $869,000 $399,000
2017 $8,984 $1,225,000 $786,000 $439,000
2016 $8,357 $1,103,000 $719,000 $384,000
2015 $8,055 $999,000 $651,000 $348,000
2014 -- $920,000 $602,000 $318,000
2013 -- $730,000 $546,000 $184,000
Source: Public Records

Agents Affiliated with this Home

  • Allen Hovsepian

    Seller's Agent in 2014

    Allen Hovsepian

    Windermere Corporate

    (206) 718-6500

    27 Total Sales

    Allen Hovsepian
    Section Image
  • Tamara Marson

    Buyer's Agent in 2014

    Tamara Marson

    Windermere Corporate

    (206) 650-6346

    88 Total Sales

    Tamara Marson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM680732

Northwest Multiple Listing Service (NWMLS)

APN: 003300-0070

Washington King County Mercer Island 98040 East Mercer

4525 Ferncroft Rd, Mercer Island, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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