Listed by Windermere Real Estate/East, Bought with Windermere RE Greenwood
NOT LISTED FOR SALE

Estimated Value: $3,329,000 - $6,473,460

4 Beds
3.5 Baths
4,080 Sq Ft
$1,282/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $4,678,000 $1,147 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $30,378/month

96 Days on Market

Highlights

  • Boathouse
  • 89 Feet of Waterfront
  • Lake View
  • Island Park Elementary School Rated A
  • Docks
  • Fruit Trees

About This Home

As of October 2020

First buyers bad financing luck is your good fortune! A Mid-Century dream with 89 feet of prized shoreline with a state-of-the-art deep moorage dock, is graced with a lovingly restored hip modern rambler. Vaulted ceilings, steel beams, terrazzo floors and sleek chefs kitchen. Enjoy a splash in the pool, fabulous entertaining on the deck & patios. The garden level suite offers generational living opportunities. Magical waterfront life with great schools, community and ez access to B'vue/Seattle.

Last Agent to Sell the Property

Anna Riley

Windermere Real Estate/East License #49269 Listed on: 06/19/2020

Windermere Real Estate/East

Co-Listed By

Denise Niles

Windermere Real Estate/East License #119292

Last Buyer's Agent

Shannon Hill

Windermere RE Greenwood License #51184

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1617002

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,413

Year Built

  • Built in 1960

Lot Details

  • 0.59 Acre Lot
  • 89 Feet of Waterfront
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is in very good condition
  • Zoning described as R15

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,080 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 3 Fireplaces
  • Dining Room
  • Natural lighting in basement
  • Home Security System

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

Parking

  • 3 Parking Spaces
  • Attached Carport

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Patio
  • Gazebo

Schools

  • Lakeridge Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Water Heater
  • Cable TV Available

Community Details

  • East Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1924059097

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,413

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1960
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 4080
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 3
  • Basement: Daylight
  • Appliances: Double Oven
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, See Remarks
  • Interior Amenities: Concrete, Hardwood, Bath Off Primary, Dining Room, Security System, Skylight(s), Water Heater
  • Living Area: 4080
  • Main Level Bedrooms: 3
  • Bathrooms: 3
  • BathsFullMain: 1
  • FireplacesMain: 3
  • SquareFootageFinished: 4080
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Refrigerator

Exterior Features

  • Roof: Flat
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street
  • Pool Features: InGround
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • PoolType: In-Ground
  • WaterfrontFootage: 89

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Security System, Fully Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterType: Gas

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 1924059097
  • Topography: Level
  • Lot Size Acres: 0.5888
  • Lot Size Sq Ft: 25650
  • Zoning Description: R15
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cabana/Gazebo,Cable TV,Deck,Dock,Fenced-Partially,Gas Available,Irrigation,Moorage,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • IrrigationComments: 7 zone sprinkler system and pump

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 24413

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Oct 21, 2020
Sold by
Tegreene Clarence T and Tegreene Kathryn J
Bought by
Lightstone Michael L and Lightstone Felice C
Seller's Agent
Anna Riley
Windermere Real Estate/East
Buyer's Agent
Shannon Hill
Windermere RE Greenwood
List Price
$4,678,000
Sold Price
$4,678,000
Current Estimated Value
$5,231,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,365
Avg. Annual Appreciation
2.26%
Original Mortgage
$2,999,999
Outstanding Balance
$2,636,899
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$2,594,466

Purchase Details

Closed on
Oct 12, 2010
Sold by
Bloch Dennis J
Bought by
Tegreene Clarence T and Tegreene Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2003
Sold by
Bloch Eva
Bought by
Bloch Eva

Purchase Details

Closed on
Oct 12, 1999
Sold by
Bloch Eva
Bought by
Bloch George and Bloch Eva

Purchase Details

Closed on
Feb 11, 1999
Sold by
Bloch George
Bought by
Bloch George and Bloch Eva

Purchase Details

Closed on
Jul 14, 1994
Sold by
Bloch George
Bought by
Bloch George
Source: Public Records

Range of Values:

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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
Lightstone Michael L $4,678,000 First American
Tegreene Clarence T $2,050,000 Rainier Title
Bloch Eva -- --
Bloch George -- --
Bloch George -- --
Bloch George -- --
Bloch Eva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lightstone Michael L $2,999,999
Previous Owner Tegreene Clarence T $1,435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $4,678,000 0.0% $1,147 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $4,678,000 0.0% $1,147 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $4,678,000 -2.5% $1,147 / Sq Ft
06/19/2020 06/19/20 For Sale $4,800,000 -- $1,176 / 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 $35,952 $5,491,000 $3,500,000 $1,991,000
2023 $35,498 $5,157,000 $3,302,000 $1,855,000
2022 $30,931 $5,767,000 $3,715,000 $2,052,000
2021 $29,684 $4,201,000 $3,058,000 $1,143,000
2020 $24,984 $3,709,000 $2,913,000 $796,000
2018 $27,205 $3,249,000 $2,318,000 $931,000
2017 $22,974 $3,136,000 $2,229,000 $907,000
2016 $20,486 $2,823,000 $2,038,000 $785,000
2015 $19,742 $2,451,000 $1,845,000 $606,000
2014 -- $2,257,000 $1,706,000 $551,000
2013 -- $2,101,000 $1,771,000 $330,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1617002

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9097