NOT LISTED FOR SALE

Estimated Value: $3,685,000 - $4,108,000

5 Beds
4.5 Baths
4,688 Sq Ft
$852/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $3,480,000 $742 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $23,946/month

61 Days on Market

Highlights

  • New Construction
  • Lake View
  • Contemporary Architecture
  • Island Park Elementary School Rated A
  • Deck
  • Property is near public transit

About This Home

As of February 2022

Stunning NW contemporary NC located at sought after Westside. Open foyer leads to elegant formal dining w/wine vault & custom cabinets w/pull out drawers, Chef's kitchen has quartz cen. island w/bar & top-notch SS appliances. Spacious Great rm w/gas fireplace, built-in cabinets&ceiling speakers perfect for entertaining. 3 French doors open to large Trex deck. Guest suite is on main, hardwd flr thought out. Huge Master suite w/beautiful LK view&walk in closet. Luxury Master bath has 4 heads w/Moen digital shower control, Kohler soaking tub&Infloor heating, 2 En Suites upstairs. Media/Game rm ideal for hangout. Heat pump heating/AC, tankless water heater w/touch screen. 4-car tandem gar. Fenced level yard & tall trees 4 privacy. Top schools!

Last Listed By

Mei Young

MY International Real Estate License #26133 Listed on: 11/21/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1857320

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,094

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.36 Acre Lot
  • West Facing Home
  • Partially Fenced Property
  • Brush Vegetation
  • Sloped Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition
  • Zoning described as R15

Parking

  • 4 Car Attached Garage

Property Views

  • Lake
  • Territorial
  • Limited

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Stone Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 4,688 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Secondary HOA Phone (206) 696-9113
  • Built by Neil Kelly
  • West Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1924059345

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,094

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2021
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 4688
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2021-11-30
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 1,087

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Heat Pump, Central A/C, High Efficiency - 90%+, Ceramic Tile, Wall to Wall Carpet, Water Heater
  • Main Level Bedrooms: 1
  • Bathrooms: 4
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 4

Exterior Features

  • Roof: Composition, Metal
  • View: Lake, Partial, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: Neil Kelly
  • Direction Faces: West
  • Exterior Features: Cement Planked, Stone, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C,Heat Pump,Radiant
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City Of Mercer Island
  • WaterHeaterLocation: 2nd Floor
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Phone: 206-696-9113

Schools

  • Junior High Dist: Bellevue

Lot Info

  • Parcel Number: 1924059345
  • Topography: PartialSlope
  • Lot Size Acres: 0.3623
  • Lot Size Sq Ft: 15780
  • Zoning Description: R15
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: King County
  • MLSSquareFootageSource: Per approved plan
  • ZoningJurisdiction: City

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 11094

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2021
Closed on
Feb 14, 2022
Sold by
Mb Mercer Llc
Bought by
Xu Ming and Liu Xiaowen
Seller's Agent
Mei Young
MY International Real Estate
Buyer's Agent
Sherry Tang
Skyline Properties, Inc.
List Price
$3,599,950
Sold Price
$3,480,000
Premium/Discount to List
-$119,950
-3.33%
Total Days on Market
61
Current Estimated Value
$3,993,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,563
Avg. Annual Appreciation
4.35%
Original Mortgage
$2,436,000
Outstanding Balance
$2,291,274
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,702,289

Purchase Details

Closed on
Apr 27, 2017
Sold by
Zeng Bao Di and Mei Young
Bought by
Mb Mercer Llc

Range of Values:

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Average Value
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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
Xu Ming $3,480,000 Chicago Title
Mb Mercer Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Ming $2,436,000
Previous Owner Mb Mercer Llc $1,465,891
Previous Owner Mb Mercer Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $3,480,000 -3.3% $742 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $3,599,950 +3.4% $768 / Sq Ft
01/15/2022 01/15/22 Off Market $3,480,000 -- --
01/14/2022 01/14/22 Price Changed $3,599,950 0.0% $768 / Sq Ft
01/14/2022 01/14/22 For Sale $3,599,950 +3.4% $768 / Sq Ft
12/24/2021 12/24/21 Off Market $3,480,000 -- --
12/09/2021 12/09/21 Price Changed $3,699,950 -2.6% $789 / Sq Ft
11/21/2021 11/21/21 For Sale $3,799,950 -- $811 / 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 $21,659 $3,307,000 $1,166,000 $2,141,000
2023 $21,793 $3,165,000 $1,100,000 $2,065,000
2022 $17,340 $3,865,000 $1,238,000 $2,627,000
2021 $11,111 $2,354,000 $1,019,000 $1,335,000
2020 $6,213 $1,387,000 $971,000 $416,000
2018 $6,055 $770,000 $770,000 $0
2017 $5,200 $697,000 $697,000 $0
2016 $4,839 $638,000 $638,000 $0
2015 $4,687 $578,000 $578,000 $0
2014 -- $535,000 $535,000 $0
2013 -- $501,000 $501,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1857320

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9345