NOT LISTED FOR SALE

Estimated Value: $2,704,000 - $3,017,000

4 Beds
1 Bath
3,610 Sq Ft
$779/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $1,870,000 $518 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $16,891/month

41 Days on Market

Highlights

  • Lake View
  • Deck
  • Secluded Lot
  • Island Park Elementary School Rated A
  • Northwest Architecture
  • 5-minute walk to Groveland Beach Park

About This Home

As of December 2019

ALL NEW! Top craftsmanship in fully permitted & remodeled, hillside home with breath-taking views of Seattle & Lake! Soaring ceilings, dramatic windows, beautiful hardwood floors set stage for island-life living. Chef's kitchen with stainless appliances, massive island & open concept floor plan flows onto several outdoor decks, perfect for entertaining. Grand Master Suite with views & luxurious 5-pc bath & spacious closet. Basement guest rm & theater rm! Easy commute and top rated schools!

Last Listed By

Kekoa Lwin

eXp Realty License #23028853 Listed on: 09/21/2019

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1522455

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,489

Year Built

  • Built in 1977

Lot Details

  • Open Space
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • West Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 3622910230

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,489

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.25
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Basement: Fully Finished
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3610
  • Square Footage Finished: 3610

Exterior Features

  • Exterior: Wood Products
  • Foundation: Concrete Block, Post And Block, Post And Pillar
  • Roof: Composition
  • View: City, Lake, Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, High Efficiency (Unspecified), Tankless Water Heater
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Garage-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: West Mercer
  • Project: Island Glen Div 02

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Lot Number: 23
  • Lot Details: Open Space, Paved Street, Secluded
  • Lot Dimensions: 175x87
  • Lot Sq Ft: 15351
  • Lot Topography Vegetation: Sloped, Wooded
  • Parcel Number: 3622910230
  • Zoning Jurisdiction: City
  • Lot Topography: Sloped, Wooded

Tax Info

  • Tax Amount: 10340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2019
Closed on
Dec 12, 2019
Sold by
5700 W Mercer Way Llc
Bought by
Choy Alvin and Jeong Jisun
Seller's Agent
Kekoa Lwin
eXp Realty
Buyer's Agent
Maria Torres-Hafzalla
Kelly Right RE of Seattle LLC
List Price
$1,895,000
Sold Price
$1,870,000
Premium/Discount to List
-$25,000
-1.32%
Total Days on Market
41
Current Estimated Value
$2,813,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$943,840
Avg. Annual Appreciation
7.89%
Original Mortgage
$1,380,000
Outstanding Balance
$1,215,863
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,597,977

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 4, 2018
Sold by
Mahoney Richard and Mahoney Dianna
Bought by
5700 W Mercer Way Llc
Seller's Agent
Craig Gaudry
Windermere Real Estate/East
Buyer's Agent
Beverly Yoneyama
Windermere Real Estate/East
List Price
$1,400,000
Sold Price
$1,307,000
Premium/Discount to List
-$93,000
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.09%
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 6, 1983
Sold by
Weinstein William S $T
Bought by
Mahoney Richard T and Mahoney Dianna S

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
Choy Alvin $1,870,000 First American Title
5700 W Mercer Way Llc $1,307,000 First American Title Insuran
Mahoney Richard T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choy Alvin $1,380,000
Previous Owner 5700 W Mercer Way Llc $350,000
Previous Owner 5700 W Mercer Way Llc $1,423,800
Previous Owner Mahoney Richard T $885,331
Previous Owner Mahoney Richard T $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2019 12/19/19 Sold $1,870,000 -1.3% $518 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
09/21/2019 09/21/19 For Sale $1,895,000 +45.0% $525 / Sq Ft
05/15/2018 05/15/18 Sold $1,307,000 -6.6% $373 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $1,400,000 -- $400 / 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 $15,489 $2,364,000 $1,352,000 $1,012,000
2023 $15,531 $2,263,000 $1,276,000 $987,000
2022 $13,587 $2,531,000 $1,436,000 $1,095,000
2021 $13,623 $1,844,000 $1,182,000 $662,000
2020 $11,099 $1,701,000 $1,126,000 $575,000
2018 $10,773 $1,375,000 $826,000 $549,000
2017 $9,407 $1,241,000 $747,000 $494,000
2016 $8,750 $1,155,000 $683,000 $472,000
2015 $8,430 $1,046,000 $619,000 $427,000
2014 -- $963,000 $573,000 $390,000
2013 -- $830,000 $504,000 $326,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1522455

Northwest Multiple Listing Service (NWMLS)

APN: 362291-0230