NOT LISTED FOR SALE

Estimated Value: $2,033,000 - $8,705,000

4 Beds
5 Baths
2,260 Sq Ft
$2,736/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $2,850,000 $1,261 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $38,202/month

34 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Traditional Architecture
  • Island Park Elementary School Rated A
  • Lake View
  • Softwood Flooring

About This Home

As of July 2016

Level lot with 80 foot of Lake Washington waterfront including dock and bulkhead. Two charming cottages at end of private road. Wonderful view of the lake and Mt. Rainier. 150 Ft. dock with 12 x 26 ft. boat slip plus boat lift.

Last Agent to Sell the Property

Richard Wilson

Best Northwest Realty, Inc. License #13115 Listed on: 06/17/2016

Last Buyer's Agent

Tim Conway

John L. Scott, Inc. License #5506

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM963140

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,000

Year Built

  • Built in 1937

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Gated Home
  • Level Lot

Parking

  • Detached Carport Space

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Softwood
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 1924059025

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,000

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Architecture: Traditional
  • Building Information: Additional Dwelling, Built On Lot
  • Senior Exemption: Y
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Security System, Vaulted Ceilings
  • Floor Covering: Fir/Softwood, Vinyl
  • Appliances That Stay: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Estimated Sq Ft: 2260
  • Square Footage Finished: 2260

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Pillar
  • Roof: Cedar Shake
  • View: Lake, Mountain
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 80 feet

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Heater: electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • School District: MIS

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 10384
  • Lot Topography Vegetation: Level
  • Parcel Number: 1924059025
  • Lot Topography: Level

Tax Info

  • Tax Amount: 4083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Thompson John and Thompson Lisa
Bought by
Thompson Revocable Living Trust
Current Estimated Value
$6,177,888

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jul 27, 2016
Sold by
Hansen Bob H
Bought by
Thompson John and Thompson Lisa
Seller's Agent
Richard Wilson
Best Northwest Realty, Inc.
Buyer's Agent
Tim Conway
John L. Scott, Inc.
List Price
$3,350,000
Sold Price
$2,850,000
Premium/Discount to List
-$500,000
-14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Apr 19, 2005
Sold by
Knoll Jerome C and Knoll Mary Anne
Bought by
Hansen Bob H

Purchase Details

Closed on
Mar 14, 2000
Sold by
Erchinger Delores and Erchlinger Delores K
Bought by
Knoll Jerome C and Knoll Mary Anne
Source: Public Records

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
Thompson Revocable Living Trust -- None Listed On Document
Thompson John $2,850,000 Fidelity Natio
Hansen Bob H $1,600,000 Chicago Title
Knoll Jerome C $1,100,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Bob H $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $2,850,000 -14.9% $1,261 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $3,350,000 -- $1,482 / 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 $49,000 $7,485,000 $2,952,000 $4,533,000
2023 $48,377 $7,029,000 $2,785,000 $4,244,000
2022 $43,250 $7,861,000 $3,133,000 $4,728,000
2021 $41,506 $5,875,000 $2,579,000 $3,296,000
2020 $44,828 $5,187,000 $2,457,000 $2,730,000
2018 $18,291 $4,062,000 $2,191,000 $1,871,000
2017 $16,662 $2,108,000 $2,107,000 $1,000
2016 $4,302 $2,047,000 $1,926,000 $121,000
2015 $4,083 $1,855,000 $1,743,000 $112,000
2014 -- $1,715,000 $1,611,000 $104,000
2013 -- $1,533,000 $1,532,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM963140

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9025