Seller's Agent in 2024
Daniel Gottesman
Engel & Voelkers Mercer Island
(206) 898-2505
2 in this area
64 Total Sales
Listed by Engel & Voelkers Mercer Island, Bought with Realogics Sotheby's Int'l Rlty
5045 88th Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $3,775,000 - $4,622,000
4
Beds
3.5
Baths
6,590
Sq Ft
$633/Sq Ft
Est. Value
Highlights
- Lake View
- Deck
- Hydromassage or Jetted Bathtub
- Island Park Elementary School Rated A
- Wood Flooring
- No HOA
About This Home
As of April 2024Perched and private on Mercer Island’s west-facing slope sits a masterfully constructed home with spectacular views. Built in 2006 by King Construction, this 4 bed, 4 separate bath 6590 sq ft manse boasts views of Lake WA, the Olympics, and the downtown Seattle skyline. Bright and open with soaring ceilings and multiple decks, you’ll enjoy the sun all day until it dips behind the mountains. The master suite is fit for royalty with a massive bathroom, a walk-in closet you can throw a football in, a gym, and the second laundry room. You’ll love the home office, remodeled chef’s kitchen, formal dining, wet bar, two laundry rooms, and tons of storage. The media room and game/party room downstairs make entertaining and Super Bowl parties a must!
Last Agent to Sell the Property
Engel & Voelkers Mercer Island License #39554 Listed on: 08/30/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2156694
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,852
Year Built
- Built in 2006
Lot Details
- 0.35 Acre Lot
- Street terminates at a dead end
- Dog Run
- Property is Fully Fenced
- Brush Vegetation
- Level Lot
- Sprinkler System
- Garden
- Property is in very good condition
Parking
- 2 Car Attached Garage
Property Views
- Lake
- City
- Mountain
- Territorial
Home Design
- Poured Concrete
- Composition Roof
- Stucco
Interior Spaces
- 6,590 Sq Ft Home
- 2-Story Property
- Skylights
- Wood Burning Fireplace
- French Doors
- Dining Room
- Natural lighting in basement
Kitchen
- Walk-In Pantry
- Double Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Hydromassage or Jetted Bathtub
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
- Heat Pump System
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Mid Island Subdivision
Listing and Financial Details
- Assessor Parcel Number 1924059336
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2023
Closed on
Apr 22, 2024
Sold by
Sigel Jonah A and Sigel Lisa
Bought by
Shafaatdoost Mani and Ahmadi Mahsa
Seller's Agent
Daniel Gottesman
Engel & Voelkers Mercer Island
Buyer's Agent
Cindy Cyr
Realogics Sotheby's Int'l Rlty
List Price
$3,795,000
Sold Price
$3,500,000
Premium/Discount to List
-$295,000
-7.77%
Views
293
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
$624,868
Avg. Annual Appreciation
14.50%
Original Mortgage
$2,800,000
Outstanding Balance
$2,758,743
Interest Rate
5.46%
Mortgage Type
New Conventional
Estimated Equity
$1,414,683
Purchase Details
Listed on
May 10, 2016
Closed on
Aug 1, 2016
Sold by
Abramson Jessica L
Bought by
Sigel Jonah A and Sigel Lisa
Seller's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Jane Potashnick
Coldwell Banker Bain
List Price
$2,149,000
Sold Price
$2,010,000
Premium/Discount to List
-$139,000
-6.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$1,360,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2015
Sold by
Abramson Jessica L
Bought by
Abramson Jessica L
Purchase Details
Closed on
Jun 10, 2009
Sold by
Abramson Jessica L
Bought by
Abramson Josef
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 2, 1995
Sold by
Ilgenfritz Robert H and Ilgenfritz Gretchen Q
Bought by
Morton L William and Morton Judy C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.92%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shafaatdoost Mani | $3,500,000 | Fidelity National Title | |
| Sigel Jonah A | $2,010,000 | Old Republic | |
| Abramson Jessica L | -- | None Available | |
| Abramson Josef | -- | Northpoint Esc | |
| Morton L William | $145,000 | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shafaatdoost Mani | $2,800,000 | |
| Previous Owner | Sigel Jonah A | $14,850,000 | |
| Previous Owner | Sigel Jonah A | $1,360,000 | |
| Previous Owner | Abramson Josef | $1,010,000 | |
| Previous Owner | Abramson Josef | $996,000 | |
| Previous Owner | Abramson Josef | $996,000 | |
| Previous Owner | Abramson Josef | $1,000,000 | |
| Previous Owner | Morton L William | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2024 04/24/24 | Sold | $3,500,000 | -5.1% | $531 / Sq Ft |
| 03/22/2024 03/22/24 | Pending | -- | -- | -- |
| 02/28/2024 02/28/24 | Price Changed | $3,688,000 | -2.8% | $560 / Sq Ft |
| 08/30/2023 08/30/23 | For Sale | $3,795,000 | +88.8% | $576 / Sq Ft |
| 08/15/2016 08/15/16 | Sold | $2,010,000 | -6.5% | $305 / Sq Ft |
| 06/02/2016 06/02/16 | Pending | -- | -- | -- |
| 05/10/2016 05/10/16 | For Sale | $2,149,000 | -- | $326 / 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 | $22,962 | $3,506,000 | $1,411,000 | $2,095,000 |
| 2023 | $22,341 | $3,293,000 | $1,332,000 | $1,961,000 |
| 2022 | $20,048 | $3,642,000 | $1,499,000 | $2,143,000 |
| 2021 | $19,246 | $2,722,000 | $1,234,000 | $1,488,000 |
| 2020 | $18,835 | $2,404,000 | $1,176,000 | $1,228,000 |
| 2018 | $18,274 | $2,334,000 | $899,000 | $1,435,000 |
| 2017 | $15,955 | $2,106,000 | $813,000 | $1,293,000 |
| 2016 | $14,839 | $1,960,000 | $744,000 | $1,216,000 |
| 2015 | -- | $1,775,000 | $674,000 | $1,101,000 |
| 2014 | -- | $1,634,000 | $623,000 | $1,011,000 |
| 2013 | -- | $1,680,000 | $575,000 | $1,105,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Sam Chapin
Engel & Voelkers Mercer Island
(206) 948-9153
2 in this area
52 Total Sales
-
Buyer's Agent in 2024
Cindy Cyr
Reaologics Sothebys International Realty
(425) 985-7920
1 in this area
32 Total Sales
-
Seller's Agent in 2016
Robyn Kimura-Hsu
Reaologics Sothebys International Realty
(206) 295-2247
7 in this area
142 Total Sales
-
Seller Co-Listing Agent in 2016
Rachel Schindler
Reaologics Sothebys International Realty
(206) 250-5622
8 in this area
144 Total Sales
-
J
Buyer's Agent in 2016
Jane Potashnick
Coldwell Banker Bain
(206) 953-8672
9 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2156694
APN: 192405-9336
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Based on information submitted to the MLS GRID
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