Seller's Agent in 2017
Sam Chapin
Engel & Voelkers Mercer Island
(206) 948-9153
2 in this area
53 Total Sales
4808 Forest Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $5,950,269 - $7,332,000
4
Beds
1
Bath
7,010
Sq Ft
$915/Sq Ft
Est. Value
Highlights
- Lake View
- Deck
- Wood Flooring
- Island Park Elementary School Rated A
- Northwest Architecture
- 2 Fireplaces
About This Home
As of September 2017If James Bond were real, he’d already live here.This stylish,contemporary masterpiece sits perched on majestic Forest Avenue w/spectacular views of Lake,Olympics,& Seattle. Custom built in 2009,state of the art & aesthetically gorgeous. Modern door wall opens main floor to massive,covered outdoor living/terrace. Chefs kitchen w/butler’s/bar.Gym,wine cellar,movie theater & huge bonus room on ground floor. All bedrooms en suite. Master suite w/sitting rm & abundant closet holds your tuxedos/gowns!
Last Agent to Sell the Property
Engel & Voelkers Mercer Island License #117668 Listed on: 05/30/2017
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1086492
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,309
Year Built
- Built in 2011
Lot Details
- Street terminates at a dead end
- Partially Fenced Property
- Terraced Lot
- Sprinkler System
- Property is zoned R15
Parking
- Attached Garage
Property Views
- Lake
- City
- Mountain
- Territorial
Home Design
- Northwest Architecture
- Poured Concrete
- Wood Siding
- Stone
Interior Spaces
- 1 Bathroom
- 2 Fireplaces
- Finished Basement
- Natural lighting in basement
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Westside Community
Listing and Financial Details
- Assessor Parcel Number 4045000146
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2017
Closed on
Sep 25, 2017
Sold by
Burgett James R
Bought by
Belden Christopher Scott and Dougherty James W Patrick
Seller's Agent
Sam Chapin
Engel & Voelkers Mercer Island
Buyer's Agent
Katie Penny Shea
Coldwell Banker Bain
List Price
$4,950,000
Sold Price
$4,541,000
Premium/Discount to List
-$409,000
-8.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,870,756
Avg. Annual Appreciation
3.05%
Original Mortgage
$1,585,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 19, 2011
Sold by
Forest Drive Llc
Bought by
Burgett James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2008
Sold by
Mutal Fred I and Mutal Victoria
Bought by
Forest Drive Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Belden Christopher Scott | $4,541,000 | Fidelity National Title | |
| Burgett James R | $3,100,000 | Fidelity Natio | |
| Forest Drive Llc | $1,076,000 | Pacific Nw Tit |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Belden Christopher Scott | $500,000 | |
| Open | Belden Christopher Scott | $1,499,000 | |
| Closed | Belden Christopher Scott | $1,585,000 | |
| Previous Owner | Burgett James R | $2,274,000 | |
| Previous Owner | Burgett James R | $187,000 | |
| Previous Owner | Burgett James R | $2,325,000 | |
| Previous Owner | Forest Drive Llc | $1,400,000 | |
| Previous Owner | Forest Drive Llc | $2,700,000 | |
| Previous Owner | Mutal Fred | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2017 09/29/17 | Sold | $4,541,000 | -8.3% | $648 / Sq Ft |
| 08/01/2017 08/01/17 | Pending | -- | -- | -- |
| 05/30/2017 05/30/17 | For Sale | $4,950,000 | -- | $706 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $34,309 | $5,240,000 | $2,016,000 | $3,224,000 |
| 2023 | $33,874 | $4,921,000 | $1,902,000 | $3,019,000 |
| 2022 | $30,291 | $5,504,000 | $2,140,000 | $3,364,000 |
| 2021 | $29,076 | $4,114,000 | $1,762,000 | $2,352,000 |
| 2020 | $34,101 | $3,633,000 | $1,679,000 | $1,954,000 |
| 2018 | $33,083 | $4,227,000 | $1,396,000 | $2,831,000 |
| 2017 | $28,879 | $3,814,000 | $1,263,000 | $2,551,000 |
| 2016 | $26,859 | $3,549,000 | $1,155,000 | $2,394,000 |
| 2015 | $25,878 | $3,214,000 | $1,046,000 | $2,168,000 |
| 2014 | -- | $2,959,000 | $967,000 | $1,992,000 |
| 2013 | -- | $3,071,000 | $963,000 | $2,108,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Chapin
-
Daniel Gottesman
Seller Co-Listing Agent in 2017
Daniel Gottesman
Engel & Voelkers Mercer Island
(206) 898-2505
2 in this area
63 Total Sales
-
Katie Penny Shea
Buyer's Agent in 2017
Katie Penny Shea
Coldwell Banker Bain
(206) 755-5051
2 in this area
62 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1086492
APN: 404500-0146
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Based on information submitted to the MLS GRID
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