NOT LISTED FOR SALE

Estimated Value: $2,285,000 - $2,685,000

4 Beds
1 Bath
3,079 Sq Ft
$811/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $1,685,000 $547 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $15,204/month

51 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • Island Park Elementary School Rated A
  • Territorial View
  • 2 Fireplaces

About This Home

As of August 2020

Exceptional craftsmanship. Exquisite finishes. Rare privacy. Newly built Mercer Island home features 54 windows looking out to a peaceful, secluded setting. Boasting 10' ceilings, chef’s kitchen with Thermador appliances, custom cabinetry and tile. Stunning master suite is a quiet retreat. Four spacious ensuite bedrooms, modern staircase, gorgeous hardwoods, media room and office. Superb schools, coveted location, and fine details sure to please the most discerning tastes. Come make it yours!

Last Agent to Sell the Property

Roman Shulyak

Kronos Real Estate License #27263 Listed on: 05/27/2020

Last Buyer's Agent

Simone Wang

WeLakeside License #130168

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1606568

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,017

Year Built

  • Built in 2020

Lot Details

  • Street terminates at a dead end
  • Brush Vegetation
  • Corner Lot
  • Level Lot
  • Property is zoned R15

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Territorial Views
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1824059186

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,017

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Contemporary
  • New Construction: Completed
  • Homebuilder: Alliance Homes
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • New Construction: Y
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 4.25
  • Bathrooms Main: Main
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3079
  • Square Footage Finished: 3079

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Flat
  • View: Territorial

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: Garage-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer

Schools

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

Lot Info

  • Lot Details: Corner Lot, Dead End Street, Paved Street
  • Lot Sq Ft: 17877
  • Lot Topography Vegetation: Brush, Level, Partial Slope
  • Parcel Number: 1824059186
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Level, Partial Slope

Tax Info

  • Tax Amount: 4391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Aug 26, 2020
Sold by
Alliance Homes Llc
Bought by
Wang Phillip H
Seller's Agent
Roman Shulyak
Kronos Real Estate
Buyer's Agent
Simone Wang
WeLakeside
List Price
$1,849,950
Sold Price
$1,685,000
Premium/Discount to List
-$164,950
-8.92%
Total Days on Market
51
Current Estimated Value
$2,497,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$812,586
Avg. Annual Appreciation
8.54%
Original Mortgage
$1,432,250
Outstanding Balance
$1,282,094
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,215,492

Purchase Details

Closed on
May 2, 2017
Sold by
Millad Ii Llc
Bought by
Alliance Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,018,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2016
Sold by
Bell Joan
Bought by
Millad Ii Llc
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 Buyer Sale Price Title Company
Wang Phillip H $1,685,000 Fidelity National Title
Alliance Homes Llc $450,000 Chicago Title Company Of Wa
Millad Ii Llc $350,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Phillip H $1,432,250
Previous Owner Alliance Homes Llc $1,018,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $1,685,000 -5.1% $547 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $1,775,000 -4.1% $576 / Sq Ft
05/27/2020 05/27/20 For Sale $1,849,950 +311.1% $601 / Sq Ft
09/08/2017 09/08/17 Sold $450,000 -17.4% $146 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $545,000 -- $177 / 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 $15,017 $2,292,000 $853,000 $1,439,000
2023 $14,831 $2,153,000 $805,000 $1,348,000
2022 $14,227 $2,408,000 $906,000 $1,502,000
2021 $13,655 $1,800,000 $746,000 $1,054,000
2020 $10,357 $1,705,000 $711,000 $994,000
2018 $4,589 $583,000 $583,000 $0
2017 $3,940 $528,000 $528,000 $0
2016 $3,670 $483,000 $483,000 $0
2015 $3,840 $438,000 $438,000 $0
2014 -- $438,000 $438,000 $0
2013 -- $299,000 $299,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1606568

Northwest Multiple Listing Service (NWMLS)

APN: 182405-9186