Seller's Agent in 2021
Liz Thompson
Reaologics Sothebys International Realty
(206) 427-3731
1 in this area
17 Total Sales
5020 W Mercer Way Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $2,622,000 - $2,817,175
6
Beds
1
Bath
3,658
Sq Ft
$741/Sq Ft
Est. Value
Highlights
- River View
- Fruit Trees
- Contemporary Architecture
- Island Park Elementary School Rated A
- Deck
- Wood Flooring
About This Home
As of February 2021Tucked away on over a half-acre western facing lot, this light filled home is your welcome retreat. Airy living spaces invite the outdoors in with dramatic windows and soaring ceilings. Enjoy numerous private decks and soak in the picturesque setting of fruit trees, a babbling creek, and the frequent visits from a family of deer. The remodeled kitchen makes life a breeze with its built-in seating/office nook, server and wine fridge. Floor-to-ceiling bookcases, an attached 3/4 bath and rooftop deck complete your home office. An expansive great room with homework station, walls of bookcases and built-in seating opens up to a private deck and lush greenbelt. Exercise your cares away in your private workout room for a healthy New Year in 2021.
Last Agent to Sell the Property
Realogics Sotheby's Int'l Rlty License #123397 Listed on: 11/18/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1685600
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,022
Year Built
- Built in 1978
Lot Details
- Open Space
- Street terminates at a dead end
- Level Lot
- Fruit Trees
- Wooded Lot
- Garden
Parking
- Attached Garage
Property Views
- River
- Territorial
Home Design
- Contemporary Architecture
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 2 Fireplaces
- Natural lighting in basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Laundry
- Dryer
- Washer
Additional Features
- Deck
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1924059053
Community Details
Overview
- West Mercer Community
Recreation
- Sport Court
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2020
Closed on
Jan 29, 2021
Sold by
Margolis Alisa and Gotel Wayne
Bought by
Hoefer Carl Michael and Hoefer Angela Rae
Seller's Agent
Liz Thompson
Realogics Sotheby's Int'l Rlty
Buyer's Agent
James Shute
Designed Realty
List Price
$1,895,000
Sold Price
$2,100,000
Premium/Discount to List
$205,000
10.82%
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
$611,044
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,575,000
Outstanding Balance
$1,406,219
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,304,825
Purchase Details
Closed on
Mar 8, 2016
Sold by
Marowitz James and Marowitz Barbara
Bought by
Margolis Alisa and Gotel Wayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 16, 2002
Sold by
Shaproski William and Shaproski Janna C A
Bought by
Marowitz James and Marowitz Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
8.25%
Purchase Details
Closed on
Jun 6, 1995
Sold by
Stern Bruce and Stern Michelle J
Bought by
Shaproski William and Shaproski Janna C A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
7.5%
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 |
|---|---|---|---|
| Hoefer Carl Michael | $2,100,000 | Fidelity National Title Co | |
| Margolis Alisa | $1,400,000 | Chicago Title | |
| Marowitz James | $735,000 | Washington Title | |
| Shaproski William | $429,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hoefer Carl Michael | $1,575,000 | |
| Previous Owner | Margolis Alisa | $1,120,000 | |
| Previous Owner | Marowitz James | $551,250 | |
| Previous Owner | Shaproski William | $343,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2021 02/05/21 | Sold | $2,100,000 | +10.8% | $574 / Sq Ft |
| 01/10/2021 01/10/21 | Pending | -- | -- | -- |
| 01/08/2021 01/08/21 | For Sale | $1,895,000 | -9.8% | $518 / Sq Ft |
| 11/30/2020 11/30/20 | Off Market | $2,100,000 | -- | -- |
| 11/25/2020 11/25/20 | Pending | -- | -- | -- |
| 11/18/2020 11/18/20 | For Sale | $1,895,000 | -- | $518 / 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 | $13,022 | $1,987,000 | $1,349,000 | $638,000 |
| 2023 | $13,105 | $1,902,000 | $1,273,000 | $629,000 |
| 2022 | $11,725 | $2,128,000 | $1,432,000 | $696,000 |
| 2021 | $11,647 | $1,591,000 | $1,179,000 | $412,000 |
| 2020 | $11,968 | $1,454,000 | $1,123,000 | $331,000 |
| 2018 | $11,606 | $1,482,000 | $940,000 | $542,000 |
| 2017 | $9,806 | $1,337,000 | $850,000 | $487,000 |
| 2016 | $9,126 | $1,204,000 | $777,000 | $427,000 |
| 2015 | $8,798 | $1,091,000 | $704,000 | $387,000 |
| 2014 | -- | $1,005,000 | $651,000 | $354,000 |
| 2013 | -- | $973,000 | $633,000 | $340,000 |
Source: Public Records
Agents Affiliated with this Home
-
Liz Thompson
-
James Shute
Buyer's Agent in 2021
James Shute
Designed Realty
(206) 226-8486
1 in this area
56 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1685600
APN: 192405-9053
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Based on information submitted to the MLS GRID
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