NOT LISTED FOR SALE

Estimated Value: $3,172,000 - $3,579,000

5 Beds
4 Baths
5,680 Sq Ft
$595/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $1,710,000 $301 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $20,174/month

93 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Island Park Elementary School Rated A
  • Contemporary Architecture
  • 4-minute walk to Groveland Beach Park

About This Home

As of May 2017

This stunning new home was completely renovated & re-imaged in 2016. Spectacular western lake views and sunsets over the Olympics from both the main level and master bedroom. Entertainers will delight in the well-equipped gourmet kitchen, walk-in pantry, open great room and high ceilings. With more than 5600 sq ft of streamlined living space, there is ample energetic flex space for a media room, pool table and guest areas. Walk to parks and Groveland Beach. Best Value on Mercer Island.

Last Listed By

Cherrie Lee

Realogics Sotheby's Int'l Rlty License #16948 Listed on: 01/03/2017

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1063397

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,086

Year Built

  • Built in 1980

Lot Details

  • Open Space
  • Partially Fenced Property
  • Sloped Lot
  • Property is zoned City

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Deck
  • Finished Basement

Community Details

  • West Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1574700185

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,086

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Loft, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 4.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 4
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5680
  • Square Footage Finished: 5680

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition, Torch Down
  • View: Lake, Mountain

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Ductless Hp-Mini Split
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Islannd
  • Water Heater: Lower Level-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: West Mercer

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Open Space, Paved Street
  • Lot Sq Ft: 12668
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 1574700185
  • Zoning Code: City
  • Zoning Jurisdiction: City
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 9292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2017
Closed on
May 8, 2017
Sold by
Quantico Ii Llc
Bought by
Janin Melanie and Robadey Jean Louis
Seller's Agent
Cherrie Lee
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Heather Dolin
Windermere RE/Capitol Hill,Inc
List Price
$1,799,999
Sold Price
$1,710,000
Premium/Discount to List
-$89,999
-5%
Total Days on Market
93
Current Estimated Value
$3,381,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,671,823
Avg. Annual Appreciation
8.64%
Original Mortgage
$1,050,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2015
Sold by
Tse Thomas C and Tse Aileen A
Bought by
Quantico Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 1993
Sold by
Haaland Deanna Lee and Buskas Deanna Lee
Bought by
Tse Thomas C and Tse Aileen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
4.37%

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
Janin Melanie $1,710,000 Old Republic T
Quantico Ii Llc $1,250,000 Ticor Title
Tse Thomas C $300,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janin Melanie $1,000,000
Closed Janin Melanie $1,050,000
Previous Owner Quantico Ii Llc $1,344,090
Previous Owner Quantico Ii Llc $450,000
Previous Owner Quantico Ii Llc $1,700,000
Previous Owner Tse Thomas C $500,000
Previous Owner Tse Thomas $500,000
Previous Owner Tse Thomas C $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2017 05/16/17 Sold $1,710,000 -1.8% $301 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
02/23/2017 02/23/17 Price Changed $1,742,000 -3.2% $307 / Sq Ft
01/09/2017 01/09/17 For Sale $1,799,999 -- $317 / 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 $17,086 $2,608,000 $979,000 $1,629,000
2023 $17,191 $2,496,000 $924,000 $1,572,000
2022 $15,375 $2,792,000 $1,040,000 $1,752,000
2021 $15,415 $2,087,000 $856,000 $1,231,000
2020 $17,840 $1,925,000 $816,000 $1,109,000
2018 $17,302 $2,210,000 $738,000 $1,472,000
2017 $15,109 $1,994,000 $668,000 $1,326,000
2016 $9,293 $1,856,000 $611,000 $1,245,000
2015 $8,955 $1,111,000 $553,000 $558,000
2014 -- $1,023,000 $512,000 $511,000
2013 -- $833,000 $449,000 $384,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1063397

Northwest Multiple Listing Service (NWMLS)

APN: 157470-0185