NOT LISTED FOR SALE

Estimated Value: $3,956,000 - $4,885,418

4 Beds
3 Baths
5,201 Sq Ft
$857/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $2,850,000 $548 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $26,888/month

231 Days on Market

Highlights

  • Docks
  • Lake View
  • Secluded Lot
  • Island Park Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2017

Life on the Water-A 5,200sf Georgian masterpiece that sits proudly above Lake Washington providing inspirational views of the very best of the northwest and Mt. Rainer. Deeded waterfront with lakeside entertaining area, dock and moorage. Constructed by RKK showcasing fantastic spaces for entertaining and play including- Formal living, Formal dining, Family & Bonus Rooms. An incredible entertainment sized patio & huge level lawn. Where do you want to live tomorrow?

Last Listed By

Scott Richards

Windermere Real Estate/East License #17884 Listed on: 10/25/2016

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1043510

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,539

Year Built

  • Built in 1988

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 3 Fireplaces

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mid Island Community

Listing and Financial Details

  • Assessor Parcel Number 1924059247

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,539

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: RKK
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 3.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 2
  • Main Half Bathrooms: 2
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5201
  • Square Footage Finished: 5201

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Lake, Mountain, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 15

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mid Island
  • Project: Waterfront

Schools

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

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 22651
  • Lot Topography Vegetation: Garden Space, Level, Terraces
  • Parcel Number: 1924059247
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Terraces

Tax Info

  • Tax Amount: 20519

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jul 11, 2017
Sold by
Holden Shelby and Holden Peter A
Bought by
Holden Peter A
Seller's Agent
Scott Richards
Windermere Real Estate/East
Buyer's Agent
Terri Agee Smith
Windermere Real Estate Co.
List Price
$2,999,880
Sold Price
$2,850,000
Premium/Discount to List
-$149,880
-5%
Total Days on Market
231
Current Estimated Value
$4,459,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,609,605
Avg. Annual Appreciation
5.90%
Original Mortgage
$2,280,000
Outstanding Balance
$1,929,011
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$2,530,594

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jul 6, 2017
Sold by
Penn Stephen D and Penn Lawton H
Bought by
Holden Peter A
Seller's Agent
Scott Richards
Windermere Real Estate/East
Buyer's Agent
Terri Agee Smith
Windermere Real Estate Co.
List Price
$2,999,880
Sold Price
$2,850,000
Premium/Discount to List
-$149,880
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Outstanding Balance
$1,929,011
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$2,530,594

Purchase Details

Closed on
Dec 14, 2012
Sold by
Humphrey Lawton H
Bought by
Penn Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2011
Sold by
Humphrey Todd A
Bought by
Humphrey Lawton H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Alexander David I and Alexander Sonia L
Bought by
Humphrey Todd A and Humphrey Lawton H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 1988
Sold by
Laing Melisse
Bought by
Alexander David I and Alexander Sonia L

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
Holden Peter A -- Chicago Title
Holden Peter A $2,850,000 Chicago Title
Penn Stephen D -- None Available
Humphrey Lawton H -- Northpoint Esc
Humphrey Todd A $2,550,000 Commonwealth L
Alexander David I $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holden Peter A $2,280,000
Previous Owner Humphrey Lawton H $1,400,000
Previous Owner Humphrey Lawton H $122,000
Previous Owner Humphrey Lawton H $1,408,000
Previous Owner Humphrey Lawton H $130,000
Previous Owner Humphrey Lawton H $1,400,000
Previous Owner Humphrey Todd A $1,785,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $2,850,000 -5.0% $548 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $2,999,880 0.0% $577 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $2,999,880 0.0% $577 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
01/27/2017 01/27/17 Price Changed $2,999,880 -5.5% $577 / Sq Ft
10/25/2016 10/25/16 For Sale $3,175,000 -- $610 / 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 $24,539 $3,747,000 $1,711,000 $2,036,000
2023 $24,143 $3,519,000 $1,615,000 $1,904,000
2022 $21,667 $3,936,000 $1,817,000 $2,119,000
2021 $20,798 $2,942,000 $1,496,000 $1,446,000
2020 $23,989 $2,598,000 $1,425,000 $1,173,000
2018 $26,121 $3,119,000 $1,515,000 $1,604,000
2017 $22,055 $3,011,000 $1,457,000 $1,554,000
2016 $20,519 $2,710,000 $1,332,000 $1,378,000
2015 $19,768 $2,455,000 $1,206,000 $1,249,000
2014 -- $2,260,000 $1,115,000 $1,145,000
2013 -- $1,590,000 $839,000 $751,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1043510

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9247