$3,600,000
SOLD JUN 5, 2018
4 Beds
3 Baths
3,740 Sq Ft
0.55 Acres

Recently Sold

$963 Per Sq Ft

10% Below List Price

125 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Deck
  • Island Park Elementary School Rated A
  • Lake View
  • Wooded Lot

About This Home

As of June 2018

Shakespearean allure surrounds this charming 1931 Tudor, street to lake waterfront estate. Original stained glass & hardware paired with high ceilings & complete 2016 remodel. Enjoy 41ft of waterfront w/ beach & 90ft dock, nightly sunsets over the Seattle skyline, front row to Seafair, mature gardens, and an expansive deck perfect for entertaining. Complete w/ a serene master suite, wine cellar & smart features throughout. Guests can retreat to the 700sf adjacent cottage w/kitchen, bed & bath.

Last Agent to Sell the Property

Randi Weidner

COMPASS License #27327 Listed on: 01/01/2018

COMPASS

Co-Listed By

Tere Foster

COMPASS License #7690

Last Buyer's Agent

Sam Cunningham

COMPASS License #23132

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1229215

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,944

Year Built

  • Built in 1931

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Steep Slope
  • Wooded Lot
  • Garden
  • Property is zoned R15

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • The lake is a source of water for the property
  • High Speed Internet
  • Cable TV Available

Community Details

  • Westside Community

Listing and Financial Details

  • Assessor Parcel Number 1324049015

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,944

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Tudor
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 3.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Upper
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3740
  • Square Footage Finished: 3740

Exterior Features

  • Exterior: Brick, Cement/Concrete, Stucco
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Lake, Mountain
  • Waterfront: Bank-High, Bank-Low, Bulkhead, Lake, Tideland Rights
  • Waterfront Frontage: 41

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency, Tankless Water Heater
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Tankless
  • Water Source: Public, Lake

Condo/Co-op/Association

  • Community Name: Westside

Schools

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

Lot Info

  • Lot Number: A
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 23954
  • Lot Topography Vegetation: Garden Space, Sloped, Steep Slope, Wooded
  • Parcel Number: 1324049015
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Sloped, Steep Slope, Wooded

Tax Info

  • Tax Amount: 38615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2018
Closed on
May 30, 2018
Sold by
Lovejoy Stephen E and Lovejoy Karin L
Bought by
Ebsworth Rebbeca Lunne and Squeak Trust
Seller's Agent
Randi Weidner
COMPASS
Buyer's Agent
Sam Cunningham
COMPASS
List Price
$4,000,000
Sold Price
$3,600,000
Premium/Discount to List
-$400,000
-10%
Current Estimated Value
$4,933,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,333,150
Avg. Annual Appreciation
4.52%

Purchase Details

Listed on
May 6, 2014
Closed on
Nov 11, 2014
Sold by
Huggins Charles Neale and Huggins Patricia A
Bought by
Lovejoy Stephen E and Lovejoy Karin L
Seller's Agent
Cynthia Schoonmaker
Windermere Mercer Island
Buyer's Agent
Joseph Paar
Paar Development LLC
List Price
$2,500,000
Sold Price
$2,485,000
Premium/Discount to List
-$15,000
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$1,739,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2008
Sold by
Huggins Patricia A
Bought by
Huggins Charles Neale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
3.88%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 1, 2007
Sold by
Huggins Charles Neale
Bought by
Huggins Charles Neale and Huggins Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2004
Sold by
Huggins Patricia A
Bought by
Huggins Charles Neale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,426,194
Interest Rate
5.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 29, 1995
Sold by
Page Jay
Bought by
Piper John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,100
Interest Rate
8.81%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $3,600,000 Fidelity National Title
Warranty Deed $2,485,000 Chicago Title
Quit Claim Deed -- First American
Interfamily Deed Transfer -- Transnation Ti
Interfamily Deed Transfer -- First American
Warranty Deed $805,100 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $741,750 New Conventional
Closed $741,750 New Conventional
Closed $750,000 New Conventional
Previous Owner $879,000 Unknown
Previous Owner $1,194,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,739,500 Adjustable Rate Mortgage/ARM
Previous Owner $2,900,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $1,250,000 New Conventional
Previous Owner $1,426,194 Credit Line Revolving
Previous Owner $525,100 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2018 06/05/18 Sold $3,600,000 -5.3% $963 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
03/31/2018 03/31/18 Price Changed $3,800,000 -5.0% $1,016 / Sq Ft
01/01/2018 01/01/18 For Sale $4,000,000 +61.0% $1,070 / Sq Ft
11/20/2014 11/20/14 Sold $2,485,000 -0.6% $730 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $2,500,000 -- $735 / 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 $29,944 $4,573,000 $1,764,000 $2,809,000
2023 $29,568 $4,295,000 $1,665,000 $2,630,000
2022 $26,443 $4,804,000 $1,874,000 $2,930,000
2021 $25,381 $3,591,000 $1,543,000 $2,048,000
2020 $37,353 $3,171,000 $1,470,000 $1,701,000
2018 $38,615 $4,630,000 $1,752,000 $2,878,000
2017 $33,149 $4,452,000 $1,685,000 $2,767,000
2016 $16,810 $4,074,000 $1,541,000 $2,533,000
2015 $14,899 $2,011,000 $1,395,000 $616,000
2014 -- $1,703,000 $1,290,000 $413,000
2013 -- $1,452,000 $1,451,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1229215

Northwest Multiple Listing Service (NWMLS)

APN: 132404-9015