NOT LISTED FOR SALE

Estimated Value: $3,980,000 - $6,982,248

5 Beds
1 Bath
7,380 Sq Ft
$755/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $3,210,000 $435 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $31,768/month

19 Days on Market

Highlights

  • Lake View
  • Deck
  • Traditional Architecture
  • Island Park Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of November 2019

Welcome home to traditional elegance on a private 2 acre estate w/ lake views. Dramatic foyer w/ dual staircases welcomes you to 7,380SF of luxury. All 5 BDRs are en suite, custom millwork & an ideal blend of formal & informal spaces. Features include guest quarters, home theatre, 5 fireplaces, 4 car garage. Smart systems & high-end amenities:Leviton home automation;Crestron A/V;Sub Zero, Miele& Bosch appliances. Award winning schools& easy commute! The BEST value on Mercer Island!

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 09/06/2019

COMPASS

Last Buyer's Agent

Regina Wang

Bellevue Capital Advisors

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1515603

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,103

Year Built

  • Built in 2001

Lot Details

  • Open Space
  • Gated Home
  • Partially Fenced Property
  • Steep Slope
  • Sprinkler System
  • Wooded Lot
  • Property is zoned R15

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Tile Roof
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 5 Fireplaces
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1924059343

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,103

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Jetted Tub, Sauna, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 5.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 5
  • Fireplaces Main: 4
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 7380
  • Square Footage Finished: 7380

Exterior Features

  • Exterior: Stucco
  • Foundation: Post And Pillar, Poured Concrete
  • Roof: Tile
  • View: Lake, Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Central A/C, Forced Air, High Efficiency (Unspecified), Radiant
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer

Schools

  • School District: MIS

Lot Info

  • Lot Number: 3
  • Lot Details: Open Space, Paved Street
  • Lot Sq Ft: 88862
  • Lot Topography Vegetation: Partial Slope, Sloped, Steep Slope, Terraces, Wooded
  • Parcel Number: 1924059343
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Partial Slope, Sloped, Steep Slope, Terraces, Wooded

Tax Info

  • Tax Amount: 27612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Nov 8, 2019
Sold by
London Robert and London Alisa
Bought by
Duan Gaofeng and Zhou Haiyan
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Regina Wang
Bellevue Capital Advisors
List Price
$3,375,000
Sold Price
$3,210,000
Premium/Discount to List
-$165,000
-4.89%
Current Estimated Value
$5,574,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,364,062
Avg. Annual Appreciation
9.70%
Original Mortgage
$1,920,950
Outstanding Balance
$1,644,824
Interest Rate
2.34%
Mortgage Type
New Conventional
Estimated Equity
$3,929,238

Purchase Details

Closed on
Aug 26, 2005
Sold by
Doan Myanh and Nguyen Hung
Bought by
London Robert and London Alisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2000
Sold by
Osullivan James and Osullivan Dorothy
Bought by
Nguyen Hung and Doan Myanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
8.07%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Duan Gaofeng $3,210,000 Fidelity National Title
London Robert $2,610,000 Chicago Title
Nguyen Hung $725,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duan Gaofeng $1,920,950
Previous Owner London Robert $450,000
Previous Owner London Robert $1,500,000
Previous Owner Nguyen Hung $507,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $3,210,000 -4.9% $435 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $3,375,000 -- $457 / 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 $31,103 $4,750,000 $1,961,000 $2,789,000
2023 $30,710 $4,461,000 $1,850,000 $2,611,000
2022 $27,459 $4,989,000 $2,082,000 $2,907,000
2021 $26,357 $3,729,000 $1,714,000 $2,015,000
2020 $28,466 $3,293,000 $1,633,000 $1,660,000
2018 $27,612 $3,528,000 $1,517,000 $2,011,000
2017 $24,105 $3,183,000 $1,372,000 $1,811,000
2016 $22,424 $2,962,000 $1,255,000 $1,707,000
2015 $21,604 $2,683,000 $1,136,000 $1,547,000
2014 -- $2,470,000 $1,050,000 $1,420,000
2013 -- $2,265,000 $943,000 $1,322,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1515603

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9343