Seller's Agent in 2023
Kelly Weisfield
COMPASS
(206) 355-3863
11 in this area
115 Total Sales
Listed by COMPASS, Bought with Windermere Real Estate/East
5011 88th Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $1,879,000 - $3,067,000
4
Beds
2.5
Baths
4,066
Sq Ft
$673/Sq Ft
Est. Value
Highlights
- Lake View
- Fruit Trees
- Vaulted Ceiling
- Island Park Elementary School Rated A
- Deck
- Wood Flooring
About This Home
As of October 2023Rare opportunity w/ jaw-dropping Western lake, Seattle skyline & Mtn views from this immaculate, custom NW Contemporary! Available for the 1st time in 40+ years & perfectly sited in a private & level setting, you graciously enter this special home through a magical courtyard while drawn to the panoramic views through walls of windows. Ideal main level living w/ vaulted ceilings, dramatic living room, primary suite, office & open kitchen to family room & view deck. Downstairs, 3 more BDRs, loads of storage & workshop space lead out to expansive second view deck. Incredible entertaining home: parking for 10+ cars & spaces that flow elegantly. Garden beds, walkable neighborhood setting, pride of ownership – this one is truly exceptional!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2164354
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,813
Year Built
- Built in 1978
Lot Details
- 0.59 Acre Lot
- Street terminates at a dead end
- Partially Fenced Property
- Level Lot
- Sprinkler System
- Fruit Trees
- Garden
- Zoning described as R-15
Parking
- 2 Car Detached Garage
- Driveway
Property Views
- Lake
- City
- Mountain
- Territorial
Home Design
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 4,066 Sq Ft Home
- 1-Story Property
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Skylights
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- French Doors
- Dining Room
- Finished Basement
- Natural lighting in basement
Kitchen
- Walk-In Pantry
- Double Oven
- Stove
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Concrete
- Ceramic Tile
- Travertine
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Deck
- Patio
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- High Efficiency Heating System
- Heat Pump System
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Mid Island Subdivision
Listing and Financial Details
- Assessor Parcel Number 9288400020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2023
Closed on
Oct 11, 2023
Sold by
Hawkanson James C and Hawkanson Jane H
Bought by
Hamilton Scot and Hamilton Georgia
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Matt Chapman
Windermere Real Estate/East
List Price
$2,750,000
Sold Price
$2,810,000
Premium/Discount to List
$60,000
2.18%
Views
21
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
-$74,529
Avg. Annual Appreciation
5.46%
Original Mortgage
$500,000
Outstanding Balance
$492,507
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$2,606,218
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamilton Scot | $2,810,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hamilton Scot | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $2,810,000 | +2.2% | $691 / Sq Ft |
| 09/26/2023 09/26/23 | Pending | -- | -- | -- |
| 09/22/2023 09/22/23 | For Sale | $2,750,000 | -- | $676 / 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 | $16,255 | $2,481,000 | $1,663,000 | $818,000 |
| 2023 | $15,870 | $2,304,000 | $1,569,000 | $735,000 |
| 2022 | $14,190 | $2,577,000 | $1,766,000 | $811,000 |
| 2021 | $13,623 | $1,926,000 | $1,454,000 | $472,000 |
| 2020 | $14,304 | $1,701,000 | $1,385,000 | $316,000 |
| 2018 | $13,877 | $1,772,000 | $1,341,000 | $431,000 |
| 2017 | $12,116 | $1,599,000 | $1,213,000 | $386,000 |
| 2016 | $11,272 | $1,488,000 | $1,109,000 | $379,000 |
| 2015 | $10,861 | $1,348,000 | $1,004,000 | $344,000 |
| 2014 | -- | $1,241,000 | $928,000 | $313,000 |
| 2013 | -- | $1,050,000 | $686,000 | $364,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Matt Chapman
Windermere Corporate
(206) 501-8484
1 in this area
133 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2164354
APN: 928840-0020
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Based on information submitted to the MLS GRID
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