NOT LISTED FOR SALE

Estimated Value: $3,661,000 - $5,077,000

4 Beds
2 Baths
3,550 Sq Ft
$1,158/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $3,500,000 $986 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $23,861/month

Highlights

  • Docks
  • Lake View
  • Northwest Architecture
  • Island Park Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2021

Set on 60 feet of prime West Side waterfront, this Northwest sanctuary offers sparkling lake views and over half an acre of property. Its soaring, light filled layout is ideal for gathering or relaxing with open living & dining areas, an island-style kitchen, fireside family & rec rooms, and 4 bedrooms. Retreat to your vaulted owner’s suite, or step out to the full-length deck with views of the water, sunsets and Seattle skyline. A meandering pathway leads down to your lakeside cabana, level lawn, fire pit & dock with boat lifts. Minutes away from top-rated schools, light rail & I-90 access to Seattle/Bellevue.

Last Agent to Sell the Property

Erin Ewing

Windermere Mercer Island License #49702 Listed on: 06/15/2021

Windermere Mercer Island

Co-Listed By

Doug McKiernan

Windermere Mercer Island License #19821

Last Buyer's Agent

Shari Song

Virani Real Estate Advisors License #18071

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1790536

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,841

Year Built

  • Built in 1977

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Terraced Lot
  • Property is zoned R-15

Parking

  • Attached Garage

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 3 Fireplaces
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Gazebo

Utilities

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

Community Details

  • Westside Community

Listing and Financial Details

  • Assessor Parcel Number 4045000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,841

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Dining Room, Skylights, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3550
  • Square Footage Finished: 3550

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bulkhead, Lake, No Bank
  • Waterfront Frontage: 60

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public, Lake

Condo/Co-op/Association

  • Community Name: Westside
  • Project: Lake Isle Add

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 15-16-17
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 22237
  • Lot Topography Vegetation: Sloped, Terraces
  • Parcel Number: 4045000080
  • Zoning Code: R-15
  • Zoning Jurisdiction: City
  • Lot Topography: Sloped, Terraces

Tax Info

  • Tax Amount: 20145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 5, 2021
Sold by
Bitners Sven R and Bitners Melinda D
Bought by
Do David and Nguyen Kim Thien
Seller's Agent
Erin Ewing
Windermere Mercer Island
Buyer's Agent
Shari Song
Virani Real Estate Advisors
List Price
$3,950,000
Sold Price
$3,500,000
Premium/Discount to List
-$450,000
-11.39%
Current Estimated Value
$4,110,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,674
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Jul 13, 2005
Sold by
Esser Dorothy M and Esser Dorthy M
Bought by
Bitners Sven R and Bitners Melinda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,696,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 4, 1999
Sold by
Esser Dorothy M
Bought by
Esser Dorothy M
Source: Public Records

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
Do David $3,500,000 Chicago Title
Bitners Sven R $2,120,000 Old Republic T
Esser Dorothy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Do David $1,000,000
Previous Owner Bitners Sven R $1,593,000
Previous Owner Bitners Sven R $1,755,550
Previous Owner Bitners Sven R $300,000
Previous Owner Bitners Sven R $1,696,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $3,500,000 -11.4% $986 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $3,950,000 -- $1,113 / 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 $25,841 $3,946,000 $2,607,000 $1,339,000
2023 $25,516 $3,706,000 $2,460,000 $1,246,000
2022 $22,815 $4,145,000 $2,768,000 $1,377,000
2021 $21,902 $3,098,000 $2,279,000 $819,000
2020 $20,145 $2,736,000 $2,171,000 $565,000
2018 $20,901 $2,496,000 $1,826,000 $670,000
2017 $18,248 $2,409,000 $1,756,000 $653,000
2016 $16,977 $2,242,000 $1,606,000 $636,000
2015 $16,359 $2,031,000 $1,454,000 $577,000
2014 -- $1,870,000 $1,344,000 $526,000
2013 -- $1,789,000 $1,504,000 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1790536

Northwest Multiple Listing Service (NWMLS)

APN: 404500-0080