Seller's Agent in 2020
Natalie Malin
Coldwell Banker Bain
(206) 232-3240
1 Total Sale
Listed by Coldwell Banker Bain, Bought with COMPASS
5450 E Mercer Way Mercer Island, WA 98040
Parkwood - Mercer Firs NeighborhoodEstimated Value: $3,589,000 - $7,888,000
6
Beds
4.5
Baths
4,660
Sq Ft
$1,316/Sq Ft
Est. Value
Highlights
- 90 Feet of Waterfront
- Docks
- Sauna
- Island Park Elementary School Rated A
- Spa
- Lake View
About This Home
As of February 2020Savor the serenity of this elegant Lakeside home, ideally sited Mid-Island with lush lawn to 90' of private low bank waterfront, bulkhead, dock and boat lift! Stunning 180' Lake/Mt. Rainier vistas from expansive window walls. The ideal floor plan is bright with skylights, Accordion Doors and clerestory windows! Exciting dream kitchen! Fabulous formal areas! Six Bedrooms include Romantic Master Suite; Guest Suite; Gym; Office; En Suite Bedroom and Bonus Room! Soothing Sauna + covered Hot Tub too!
Last Agent to Sell the Property
Coldwell Banker Bain License #5986 Listed on: 10/22/2019
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1516880
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,802
Year Built
- Built in 1955
Lot Details
- 0.33 Acre Lot
- 90 Feet of Waterfront
- Open Space
- Street terminates at a dead end
- Level Lot
- Sprinkler System
- Wooded Lot
- Garden
Parking
- 3 Car Attached Garage
Property Views
- Lake
- Mountain
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 4,660 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Skylights
- 3 Fireplaces
- French Doors
- Dining Room
- Sauna
- Natural lighting in basement
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Spa Bath
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Spa
- Docks
- Deck
- Patio
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Community Details
- Eastside Subdivision
Listing and Financial Details
- Assessor Parcel Number 1924059134
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2019
Closed on
Jan 28, 2020
Sold by
Malanga Michael Evans and Malanga Alessandra
Bought by
Lamb Andrew and Lamb Julie
Seller's Agent
Natalie Malin
Coldwell Banker Bain
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$4,200,000
Sold Price
$3,880,000
Premium/Discount to List
-$320,000
-7.62%
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
$2,250,806
Avg. Annual Appreciation
8.31%
Original Mortgage
$2,730,000
Outstanding Balance
$2,423,622
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$3,707,184
Purchase Details
Closed on
Nov 21, 2003
Sold by
Sarko Lynn L and White Mary M
Bought by
Malanga Michael and Malanga Alessandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 28, 1993
Sold by
Associates Relocation Mgmt
Bought by
Sarko Lynn L and White Mary 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 |
|---|---|---|---|
| Lamb Andrew | $3,880,000 | Cti | |
| Malanga Michael | $2,145,000 | Chicago Title | |
| Sarko Lynn L | $941,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lamb Andrew | $2,730,000 | |
| Previous Owner | Malanga Michael | $1,000,000 | |
| Closed | Malanga Michael | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2020 02/06/20 | Sold | $3,880,000 | -7.6% | $833 / Sq Ft |
| 12/11/2019 12/11/19 | Pending | -- | -- | -- |
| 10/22/2019 10/22/19 | For Sale | $4,200,000 | -- | $901 / 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 | $44,629 | $6,817,000 | $3,053,000 | $3,764,000 |
| 2023 | $33,916 | $4,927,000 | $2,881,000 | $2,046,000 |
| 2022 | $30,321 | $5,510,000 | $3,241,000 | $2,269,000 |
| 2021 | $29,100 | $4,118,000 | $2,668,000 | $1,450,000 |
| 2020 | $27,431 | $3,636,000 | $2,541,000 | $1,095,000 |
| 2018 | $29,866 | $3,567,000 | $2,272,000 | $1,295,000 |
| 2017 | $26,073 | $3,443,000 | $2,185,000 | $1,258,000 |
| 2016 | $24,253 | $3,204,000 | $1,998,000 | $1,206,000 |
| 2015 | $23,369 | $2,902,000 | $1,809,000 | $1,093,000 |
| 2014 | -- | $2,672,000 | $1,672,000 | $1,000,000 |
| 2013 | -- | $2,249,000 | $1,653,000 | $596,000 |
Source: Public Records
Agents Affiliated with this Home
-
Natalie Malin
-
Hedy Joyce
Seller Co-Listing Agent in 2020
Hedy Joyce
Coldwell Banker Bain
(206) 406-7275
21 Total Sales
-
Kelly Weisfield
Buyer's Agent in 2020
Kelly Weisfield
COMPASS
(206) 355-3863
4 in this area
114 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1516880
APN: 192405-9134
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Based on information submitted to the MLS GRID
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