NOT LISTED FOR SALE

Estimated Value: $2,232,000 - $2,780,000

3 Beds
3 Baths
3,440 Sq Ft
$729/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $1,700,000 $494 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $14,750/month

8 Days on Market

Highlights

  • Lake View
  • Craftsman Architecture
  • Wood Flooring
  • Island Park Elementary School Rated A
  • Fruit Trees
  • 3 Fireplaces

About This Home

As of March 2021

Hard to find Mercer Island view home basked in natural lights, perched high above an half acre lot. Vaulted ceiling in the living room, wall of windows in living, dinning, family and all bedrooms, masterfully designed to take advantage of beautiful lake and territorial views. Huge family room/bonus room with a small bar and fire place. Gorgeous hardwood floors through out the entire house, new gourmet kitchen with stainless appliances and a chef's dream island. Renovated bathrooms, beautifully crafted master bath with jetted tub, rain shower. Walk out to multiple view decks , having a morning coffee or tea is what a beautiful life meant to be! Award winning winning schools make this a perfect place to call home!

Last Agent to Sell the Property

Aaron Sun

Essential Realty License #26896 Listed on: 02/10/2021

Last Buyer's Agent

Aaron Sun

Essential Realty License #26896 Listed on: 02/10/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1729105

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,937

Year Built

  • Built in 1976

Lot Details

  • Brush Vegetation
  • Sloped Lot
  • Fruit Trees

Parking

  • Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Shake Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3 Fireplaces
  • Finished Basement
  • Natural lighting in basement
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 2288000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,937

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Craftsman
  • Entrance Level: Main
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Jetted Tub, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3440
  • Square Footage Finished: 3440
  • Square Footage Unfinished: 489

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Lake, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: garage-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 23181
  • Lot Topography Vegetation: Brush, Fruit Trees, Partial Slope
  • Parcel Number: 2288000080
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Fruit Trees, Partial Slope

Tax Info

  • Tax Amount: 11012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 19, 2021
Sold by
Chen Meilan and Su Yong
Bought by
Zhu Shaobin and Liu Yamei
Seller's Agent
Aaron Sun
Essential Realty
Buyer's Agent
Aaron Sun
Essential Realty
List Price
$1,675,000
Sold Price
$1,700,000
Premium/Discount to List
$25,000
1.49%
Current Estimated Value
$2,509,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,345
Avg. Annual Appreciation
8.13%
Original Mortgage
$1,273,164
Outstanding Balance
$1,159,311
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,240,551

Purchase Details

Closed on
May 25, 2017
Sold by
Dow Jerry A and Dow Gloria J
Bought by
Chen Mellan and Su Yong
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
Zhu Shaobin $1,700,000 First American Title
Chen Mellan $1,360,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Shaobin $1,273,164
Previous Owner Dow Jerry $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $1,700,000 +1.5% $494 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $1,675,000 -- $487 / 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 $12,937 $1,974,000 $1,419,000 $555,000
2023 $13,022 $1,890,000 $1,339,000 $551,000
2022 $12,277 $2,229,000 $1,507,000 $722,000
2021 $11,719 $1,666,000 $1,241,000 $425,000
2020 $11,013 $1,463,000 $1,182,000 $281,000
2018 $10,687 $1,364,000 $953,000 $411,000
2017 $9,334 $1,231,000 $862,000 $369,000
2016 $8,683 $1,146,000 $788,000 $358,000
2015 $8,369 $1,038,000 $714,000 $324,000
2014 -- $956,000 $660,000 $296,000
2013 -- $866,000 $642,000 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1729105

Northwest Multiple Listing Service (NWMLS)

APN: 228800-0080