NOT LISTED FOR SALE

Estimated Value: $1,080,000 - $1,704,000

1 Bed
2 Baths
1,790 Sq Ft
$819/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $881,000 $492 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,677/month

Highlights

  • Wood Siding
  • Island Park Elementary School Rated A
  • 4-minute walk to Groveland Beach Park

About This Home

As of July 2019

This home is located at 5809 W Mercer Way, Mercer Island, WA 98040 since 12 July 2019 and is currently estimated at $1,465,156, approximately $818 per square foot. This property was built in 1948. 5809 W Mercer Way is a home located in King County with nearby schools including Island Park Elementary School, Islander Middle School, and Mercer Island High School.

Last Buyer's Agent

Ly Le

Pellego, Inc. License #130146

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1490119

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,021

Year Built

  • Built in 1948

Lot Details

  • 5,663

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • Finished Basement

Community Details

  • West Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1574100385

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,021

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Approved Number of Bedrooms: 2
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement: Fully Finished
  • Estimated Sq Ft: 1790

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: West Mercer

Lot Info

  • Lot Sq Ft: 5666
  • Parcel Number: 1574100385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jul 8, 2019
Sold by
Kolb Kelly Lee
Bought by
Le Xuanly T and Ha Kien C
Buyer's Agent
Ly Le
Pellego, Inc.
List Price
$881,000
Sold Price
$881,000
Current Estimated Value
$1,465,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,156
Avg. Annual Appreciation
8.82%
Original Mortgage
$660,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2017
Closed on
Jun 1, 2017
Sold by
Levy Bruce B and Levy Sharon Y
Bought by
Kolb Kelly Lee
Seller's Agent
Nancy LaVallee
Windermere Mercer Island
Buyer's Agent
Angie Diaz
COMPASS
List Price
$799,000
Sold Price
$870,000
Premium/Discount to List
$71,000
8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Original Mortgage
$800,625
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2015
Sold by
Levy Bruce B and Levy Sharon Y
Bought by
Bruce & Sharon Levy Revocable Living Tru

Purchase Details

Closed on
Apr 1, 1994
Sold by
Levy Bruce B
Bought by
Levy Rosella Rossi and Levy Sharon Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,650
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Le Xuanly T $881,000 First American Title
Kolb Kelly Lee $870,000 Fidelity Natio
Bruce & Sharon Levy Revocable Living Tru -- None Available
Levy Rosella Rossi -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Xuanly T $660,000
Closed Le Xuanly T $660,750
Previous Owner Kolb Kelly Lee $800,625
Previous Owner Levy Rosella Rossi $70,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $881,000 0.0% $492 / Sq Ft
07/12/2019 07/12/19 For Sale $881,000 +1.3% $492 / Sq Ft
06/09/2017 06/09/17 Sold $870,000 +8.9% $486 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $799,000 -- $446 / 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 $7,021 $1,070,000 $780,000 $290,000
2023 $7,064 $1,024,000 $736,000 $288,000
2022 $6,162 $1,146,000 $829,000 $317,000
2021 $6,176 $835,000 $683,000 $152,000
2020 $6,229 $770,000 $651,000 $119,000
2018 $6,048 $771,000 $467,000 $304,000
2017 $4,543 $696,000 $423,000 $273,000
2016 $4,231 $557,000 $387,000 $170,000
2015 $4,077 $505,000 $351,000 $154,000
2014 -- $465,000 $325,000 $140,000
2013 -- $385,000 $353,000 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1490119

Northwest Multiple Listing Service (NWMLS)

APN: 157410-0385