Listed by Coldwell Banker Bain, Bought with Kronos Real Estate
$450,000
SOLD SEP 8, 2017
0.41 Acre
$1,097,561 Price per Acre
17,860 Sq Ft Lot

Recently Sold

$146 Per Sq Ft

17% Below List Price

About This Lot

As of August 2020

Pretty Setting with Privacy and Wooded Views for your new home! Easy Access to Seattle & Bellevue. All the Prep Work is Done! Studies, Reports& Plans are all completed. Purchase Price includes Plans & Permits for 3,079 SqFt Modern Home with Dramatic Great Room, Premium Kitchen, 4 BRs all with Private Baths; Media Room; Private Office; Decks & 2 Car Garage. Renderings and Plans in Photos. See MLS Listing #1094977 for more details.

Last Agent to Sell the Property

Sarah Ford

Coldwell Banker Bain License #4324 Listed on: 03/31/2017

Coldwell Banker Bain

Co-Listed By

Becky Nadesan

Coldwell Banker Bain License #73944

Last Buyer's Agent

Roman Shulyak

Kronos Real Estate License #27263

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1097564

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,017

Lot Details

  • Street terminates at a dead end
  • Sloped Lot

Additional Features

  • Territorial Views
  • Sewer in Street

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1824059186

Property Details

Property Type

Land

Est. Annual Taxes

$15,017

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Evergreens, Lightly Treed, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved, Privately Maintained
  • View: Territorial
  • Water Jurisdiction: City of Mercer Island

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: In Street
  • Water: In Street

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

  • General Zoning Classification: Residential
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 17877
  • Parcel Number: 1824059186
  • Topography: Sloped
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 2017

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%
Current Estimated Value
$2,569,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$884,293
Avg. Annual Appreciation
7.66%
Original Mortgage
$1,432,250
Outstanding Balance
$1,282,094
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,167,353

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

Range of Values:

Collateral Analytics

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,685,000 Fidelity National Title
Warranty Deed $450,000 Chicago Title Company Of Wa
Warranty Deed $350,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,432,250 New Conventional
Previous Owner $1,018,000 Purchase Money Mortgage
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: NWM1097564

Northwest Multiple Listing Service (NWMLS)

APN: 182405-9186