Seller's Agent in 2022
Mei Young
MY International Real Estate
(206) 696-9113
1 in this area
29 Total Sales
Listed by MY International Real Estate, Bought with Skyline Properties, Inc.
5037 W Mercer Way Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $3,705,734 - $3,815,000
5
Beds
4.5
Baths
4,688
Sq Ft
$804/Sq Ft
Est. Value
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 2022Stunning 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 Agent to Sell the Property
MY International Real Estate License #26133 Listed on: 11/21/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1857320
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
- Property is near a bus stop
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
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%
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
$290,184
Avg. Annual Appreciation
2.14%
Original Mortgage
$2,436,000
Outstanding Balance
$2,270,875
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,499,309
Purchase Details
Closed on
Apr 27, 2017
Sold by
Zeng Bao Di and Mei Young
Bought by
Mb Mercer Llc
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Home Values in the Area
Average Home Value in this Area
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 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Mei Young
-
Gia Guo
Seller Co-Listing Agent in 2022
Gia Guo
MY International Real Estate
(206) 310-5527
1 in this area
26 Total Sales
-
Sherry Tang
Buyer's Agent in 2022
Sherry Tang
Skyline Properties, Inc
(425) 753-9438
1 in this area
71 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1857320
APN: 192405-9345
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Based on information submitted to the MLS GRID
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