Seller's Agent in 2024
Moira Holley
Reaologics Sothebys International Realty
(206) 612-5771
1 in this area
93 Total Sales
5248 W Mercer Way Mercer Island, WA 98040
Parkwest NeighborhoodEstimated Value: $2,488,014 - $2,546,000
3
Beds
3.5
Baths
2,940
Sq Ft
$853/Sq Ft
Est. Value
Highlights
- Deck
- Wooded Lot
- Wood Flooring
- Island Park Elementary School Rated A
- Territorial View
- 3 Fireplaces
About This Home
As of December 2024Brilliantly reimagined mid-century residence originally designed by iconic Seattle architect Fred Bassetti in 1962. A complete remodel by Chadbourne + Doss won the AIA honor award in 2011. Known as The Wood Block Residence, this home has been featured in Dwell & Pacific Northwest Magazine. Features include a large steel & glass pivot door at entry, white Caesarstone kitchen island, concrete, Milestone plaster & baths set against dark stained oak floors & cedar wood wrapped walls & ceilings. The residence embraces the work from home concept & was created w/ a main floor primary suite, office space, a large great room & main floor deck. The lower level is multifunctional, with office/media room, 2 addl bdrms, 2 ba & private outdoor courtyard.
Last Agent to Sell the Property
Realogics Sotheby's Int'l Rlty License #40143 Listed on: 09/10/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2289224
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,070
Year Built
- Built in 1962
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 139x74
- Northwest Facing Home
- Sloped Lot
- Wooded Lot
- Zoning described as R-15
Home Design
- Split Foyer
- Flat Roof Shape
- Poured Concrete
- Bitumen Roof
- Wood Siding
- Vinyl Construction Material
Interior Spaces
- 2,940 Sq Ft Home
- Multi-Level Property
- Wet Bar
- Skylights
- 3 Fireplaces
- Gas Fireplace
- Dining Room
- Territorial Views
- Finished Basement
- Natural lighting in basement
- Home Security System
Kitchen
- Double Oven
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- Bathroom on Main Level
Parking
- 2 Parking Spaces
- Attached Carport
- Driveway
Outdoor Features
- Deck
- Patio
Schools
- West Mercer Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Mercer Island Subdivision
Listing and Financial Details
- Assessor Parcel Number 1410300108
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2024
Closed on
Jan 30, 2025
Sold by
Guo Xiao
Bought by
Han Qingqing
Seller's Agent
Moira Holley
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Helena Chen
eXp Realty
List Price
$2,995,000
Sold Price
$2,488,000
Premium/Discount to List
-$507,000
-16.93%
Views
213
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
$20,004
Avg. Annual Appreciation
0.16%
Original Mortgage
$1,741,600
Interest Rate
5.82%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 10, 2024
Closed on
Jan 27, 2025
Sold by
Liu Luyi
Bought by
Chen Yanling
Seller's Agent
Moira Holley
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Helena Chen
eXp Realty
List Price
$2,995,000
Sold Price
$2,488,000
Premium/Discount to List
-$507,000
-16.93%
Views
213
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,741,600
Interest Rate
5.82%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 10, 2024
Closed on
Dec 30, 2024
Sold by
Luke Hok-Sum Horace
Bought by
Chen Yanling and Han Qinqing
Seller's Agent
Moira Holley
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Helena Chen
eXp Realty
List Price
$2,995,000
Sold Price
$2,488,000
Premium/Discount to List
-$507,000
-16.93%
Views
213
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,741,600
Interest Rate
5.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2010
Sold by
Chen Man Ying Marinda
Bought by
Luke Hok Sum Horace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
4.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2006
Sold by
Breaux Fabian L
Bought by
Luke Hok Sum Horace and Chen Man Ying Marinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 17, 2002
Sold by
Joyner Victoria M
Bought by
Joyner Victoria M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
7%
Purchase Details
Closed on
Jun 30, 1999
Sold by
Joyner Victoria M
Bought by
Joyner Victoria M
Purchase Details
Closed on
Dec 19, 1998
Sold by
Joyner R N
Bought by
Joyner R N and Joyner Victoria M
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 |
|---|---|---|---|
| Han Qingqing | $313 | Chicago Title | |
| Chen Yanling | $313 | Chicago Title | |
| Chen Yanling | $2,488,000 | Chicago Title | |
| Luke Hok Sum Horace | -- | None Available | |
| Luke Hok Sum Horace | $788,000 | Transnation Ti | |
| Joyner Victoria M | -- | Washington Title | |
| Joyner Victoria M | -- | -- | |
| Joyner R N | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chen Yanling | $1,741,600 | |
| Previous Owner | Luke Hok Sum Horace | $567,500 | |
| Previous Owner | Luke Hok Sum Horace | $630,000 | |
| Previous Owner | Joyner Victoria M | $450,000 | |
| Previous Owner | Joyner Victoria M | $407,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $2,488,000 | -7.7% | $846 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 11/16/2024 11/16/24 | Price Changed | $2,695,000 | -5.4% | $917 / Sq Ft |
| 10/04/2024 10/04/24 | Price Changed | $2,850,000 | -4.8% | $969 / Sq Ft |
| 09/10/2024 09/10/24 | For Sale | $2,995,000 | -- | $1,019 / 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 | $12,989 | $1,982,000 | $1,136,000 | $846,000 |
| 2023 | $13,070 | $1,897,000 | $1,072,000 | $825,000 |
| 2022 | $11,688 | $2,122,000 | $1,206,000 | $916,000 |
| 2021 | $11,719 | $1,586,000 | $993,000 | $593,000 |
| 2020 | $12,173 | $1,463,000 | $946,000 | $517,000 |
| 2018 | $11,814 | $1,508,000 | $722,000 | $786,000 |
| 2017 | $10,318 | $1,361,000 | $653,000 | $708,000 |
| 2016 | $9,602 | $1,267,000 | $597,000 | $670,000 |
| 2015 | $9,252 | $1,148,000 | $541,000 | $607,000 |
| 2014 | -- | $1,057,000 | $500,000 | $557,000 |
| 2013 | -- | $1,131,000 | $476,000 | $655,000 |
Source: Public Records
Agents Affiliated with this Home
-
Moira Holley
-
Helena Chen
Buyer's Agent in 2024
Helena Chen
eXp Realty
(425) 283-2569
1 in this area
202 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2289224
APN: 141030-0108
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Based on information submitted to the MLS GRID
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