NOT LISTED FOR SALE

Estimated Value: $5,480,000 - $7,753,000

5 Beds
1 Bath
5,790 Sq Ft
$1,079/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $3,566,900 $616 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $37,739/month

11 Days on Market

Highlights

  • Docks
  • Spa
  • Deck
  • Island Park Elementary School Rated A
  • Lake View
  • Wood Flooring

About This Home

As of May 2017

Float your boat(s)! This 2005 custom waterfront home enjoys 64' of private waterfront w/a 73'dock plus 3/5 interest in adjacent 34' waterfront shared by 3 homes w/a 62'dock. Soaring ceilings & walls of glass add sparkle throughout the home & blur the lines between indoor & outdoor living space. Life revolves around the Command Center kitchen, be it homework at the counter, breakfast in the nook or movie night in the great room. Catch your favorite movies w/out leaving the house!

Last Listed By

Peggy Watkins

Coldwell Banker Bain License #37666 Listed on: 04/04/2017

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1098459

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,319

Year Built

  • Built in 2005

Lot Details

  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System
  • Garden
  • Property is zoned R15

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Partially Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio

Utilities

  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 1924059111

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,319

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Homebuilder: Cono Construction - Lori Garrett
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, 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, Washer
  • Bedrooms: 5.00
  • Lower Level Bedroom: 1
  • Bathrooms: 4.25
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Partially Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5790
  • Square Footage Finished: 5790
  • Square Footage Unfinished: 310

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Lake, Mountain, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 64 Private / 34 Comm

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Upstairs Closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer
  • Community Features: Ccrs

Schools

  • Elementary School: Island Park Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 19367
  • Lot Topography Vegetation: Garden Space, Partial Slope
  • Parcel Number: 1924059111
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Partial Slope

Tax Info

  • Tax Amount: 30099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Wu Moon Yanci
Bought by
5656 E Mercer Way Llc
Total Days on Market
11
Current Estimated Value
$6,246,204

Purchase Details

Closed on
Jan 13, 2022
Sold by
Lin Li Jake Zhen
Bought by
Wu Moon Yanci

Purchase Details

Listed on
Apr 4, 2017
Closed on
May 25, 2017
Sold by
Kahan John B and Kahan Heather L
Bought by
Li Jake Zhenlin and Wu Moon Yanci
Seller's Agent
Peggy Watkins
Coldwell Banker Bain
Buyer's Agent
Sheri Li
COMPASS
List Price
$3,688,888
Sold Price
$3,566,900
Premium/Discount to List
-$121,988
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2007
Sold by
Bentler Elsie A
Bought by
Kahan John B and Kahan Heather L

Purchase Details

Closed on
Jul 15, 2004
Sold by
Lybeck Residential Mi I Llc
Bought by
Lybeck Lory R and Lybeck Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,450
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2004
Sold by
Lybeck Residential Mi #1&2 Llc
Bought by
Kahan John B and Kahan Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,450
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 22, 2002
Sold by
Berg John F and Berg Betty J
Bought by
Lybeck Residential Mi #1 Llc and Lybeck Residential Mi #2 Llc

Purchase Details

Closed on
Mar 18, 1998
Sold by
Elassiouti Moustafa
Bought by
Berg John F and Berg Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,100
Interest Rate
7.25%

Purchase Details

Closed on
May 9, 1995
Sold by
Bentler Kenneth G and Bentler Lillian M
Bought by
Elassiouti Moustafa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,750
Interest Rate
8.75%

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
5656 E Mercer Way Llc -- --
Wu Moon Yanci $313 None Listed On Document
Li Jake Zhenlin $3,566,900 Chicago Title
Kahan John B -- None Available
Lybeck Lory R -- --
Kahan John B $1,538,000 Transnation Ti
Lybeck Residential Mi #1 Llc $1,190,000 Chicago Title
Berg John F $837,500 Transnation Title Insurance
Elassiouti Moustafa $725,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Jake Zhenlin $2,000,000
Previous Owner Kahan John B $500,000
Previous Owner Kahan John B $981,500
Previous Owner Kahan John B $988,150
Previous Owner Kahan John B $991,500
Previous Owner Kahan John B $950,000
Previous Owner Kahan John B $1,000,000
Previous Owner Kahan John B $950,000
Previous Owner Kahan John B $1,754,000
Previous Owner Kahan John B $1,000,000
Previous Owner Kahan John B $1,000,000
Previous Owner Kahan John B $750,000
Previous Owner Kahan John B $384,450
Previous Owner Kahan John B $999,700
Previous Owner Berg John F $628,100
Previous Owner Elassiouti Moustafa $572,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $3,566,900 -3.3% $616 / Sq Ft
04/16/2017 04/16/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $3,688,888 -- $637 / 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 $37,319 $5,700,000 $2,668,000 $3,032,000
2023 $36,846 $5,353,000 $2,517,000 $2,836,000
2022 $32,948 $5,987,000 $2,832,000 $3,155,000
2021 $31,620 $4,475,000 $2,331,000 $2,144,000
2020 $31,670 $3,951,000 $2,220,000 $1,731,000
2018 $34,479 $4,118,000 $1,817,000 $2,301,000
2017 $30,099 $3,975,000 $1,748,000 $2,227,000
2016 $27,995 $3,699,000 $1,598,000 $2,101,000
2015 $26,970 $3,350,000 $1,447,000 $1,903,000
2014 -- $3,084,000 $1,338,000 $1,746,000
2013 -- $3,166,000 $1,342,000 $1,824,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1098459

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9111