Seller's Agent in 2024
Tianle Zhuo
Skyline Properties, Inc
(425) 753-3718
1 in this area
89 Total Sales
Listed by Skyline Properties, Inc., Bought with Keller Williams Rlty Bellevue
5818 W Mercer Way Mercer Island, WA 98040
Groveland NeighborhoodEstimated Value: $610,000 - $985,000
0.35
Acre
$2,150,101
Price per Acre
15,033
Sq Ft Lot
Highlights
- Lake View
- No HOA
- 4-minute walk to Groveland Beach Park
- Island Park Elementary School Rated A
About This Lot
As of October 2024Turn your vision into reality! This Mercer Island vacant lot, boasting breathtaking views of the lake, city, and mountains, offers the perfect 15,000 square feet canvas for your dream home. Build permit last extended in 2008. A view easement guarantees your northwest panorama remains unobstructed. Nestled in a neighborhood with multi-million dollar homes and award-winning Mercer Island schools, this is your chance to craft your own oasis in a coveted location. Don't miss out on this incredible opportunity to build your legacy!
Last Agent to Sell the Property
Skyline Properties, Inc. License #89647 Listed on: 05/23/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2240254
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,644
Lot Details
- 0.35 Acre Lot
- Sloped Lot
- Zoning described as R8.4
Property Views
- Lake
- City
- Mountain
Utilities
- Sewer in Street
Community Details
- No Home Owners Association
- West Mercer Subdivision
Listing and Financial Details
- Assessor Parcel Number 1574700170
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2024
Closed on
Sep 18, 2024
Sold by
Rui Susan and Fu Dong
Bought by
Fanaiyan Artoush
Seller's Agent
Tianle Zhuo
Skyline Properties, Inc.
Buyer's Agent
Baharak Jamaleddin
Keller Williams Rlty Bellevue
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Views
28
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
$127,000
Avg. Annual Appreciation
18.07%
Original Mortgage
$388,725
Outstanding Balance
$384,638
Interest Rate
6.35%
Estimated Equity
$357,362
Purchase Details
Closed on
Jan 3, 2019
Sold by
Fu Dong
Bought by
Rui Susan
Purchase Details
Closed on
Aug 11, 2011
Sold by
G&M Construction Group Inc
Bought by
Fu Dong and Rui Susan
Purchase Details
Closed on
Aug 22, 2007
Sold by
Li Wei Ji and Gao Jie Hua
Bought by
G&M Construction Group Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,000
Interest Rate
6.67%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 23, 2004
Sold by
Tonning Per H and Tonning Betty A
Bought by
Li Wei Ji and Wang Yida
Purchase Details
Closed on
Dec 29, 1986
Sold by
Garrett Gerold F and Garrett Loretta M
Bought by
Tonning Per H and Tonning Betty A
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 |
|---|---|---|---|
| Fanaiyan Artoush | $615,000 | First American Title | |
| Rui Susan | -- | None Available | |
| Fu Dong | $300,000 | Northpoint Esc | |
| G&M Construction Group Inc | $468,000 | Rainier Title | |
| Li Wei Ji | $279,000 | Lawyers Title | |
| Tonning Per H | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fanaiyan Artoush | $388,725 | |
| Open | Fanaiyan Artoush | $1,261,375 | |
| Previous Owner | G&M Construction Group Inc | $1,032,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2024 10/09/24 | Sold | $615,000 | -8.9% | -- |
| 08/11/2024 08/11/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $675,000 | 0.0% | -- |
| 07/09/2024 07/09/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | For Sale | $675,000 | -- | -- |
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 | $4,698 | $715,000 | $715,000 | -- |
| 2023 | $4,663 | $675,000 | $675,000 | $0 |
| 2022 | $4,624 | $760,000 | $760,000 | $0 |
| 2021 | $4,792 | $626,000 | $626,000 | $0 |
| 2020 | $4,074 | $597,000 | $597,000 | $0 |
| 2018 | $3,965 | $504,000 | $504,000 | $0 |
| 2017 | $3,403 | $456,000 | $456,000 | $0 |
| 2016 | $3,168 | $417,000 | $417,000 | $0 |
| 2015 | $3,070 | $378,000 | $378,000 | $0 |
| 2014 | -- | $350,000 | $350,000 | $0 |
| 2013 | -- | $356,000 | $356,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tianle Zhuo
-
Baharak Jamaleddin
B
Buyer's Agent in 2024
Baharak Jamaleddin
Keller Williams Realty Bellevue
(425) 890-9999
1 in this area
9 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2240254
APN: 157470-0170
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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