Seller's Agent in 2016
Lou Glatz
John L Scott
(206) 948-2591
4 in this area
34 Total Sales
6 Meadow Ln Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $4,430,000 - $6,074,000
5
Beds
2
Baths
4,320
Sq Ft
$1,285/Sq Ft
Est. Value
Highlights
- Low Bank Waterfront Property
- Waterfront Community
- Fruit Trees
- Lakeridge Elementary School Rated A
- Lake View
- Secluded Lot
About This Home
As of June 2016This home has a rare "trifecta" on the Island...Big Western view, shared waterfront with moorage $ acreage! Gorgeous, wide open property on an old fashioned lane with fruit trees, lush green grass & breathing room! Original Elizabeth Ayer home has been lovingly maintained. Live in it as is, refresh & remodel or tear down and start over, one estate sized property or split in 2? Amazing that a property like this, 15 minutes from Seattle, still exists! Regulation tennis court with 1 neighbor.
Last Buyer's Agent
Carrie Pierce-Johnson
Coldwell Banker Danforth License #26811
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM872414
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,119
Year Built
- Built in 1956
Lot Details
- Low Bank Waterfront Property
- Street terminates at a dead end
- Partially Fenced Property
- Secluded Lot
- Level Lot
- Sprinkler System
- Fruit Trees
- Garden
- Property is zoned R15
Parking
- Attached Garage
Property Views
- Lake
- City
- Mountain
- Territorial
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Tile Roof
- Wood Siding
Interior Spaces
- 2 Bathrooms
- 3 Fireplaces
- Finished Basement
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2524049119
Community Details
Overview
- Westside Community
Recreation
- Waterfront Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2015
Closed on
May 27, 2016
Sold by
Gibbons Robert P and Gibbons Maureen S
Bought by
Maughan Nigel C and Tranter Megan R
Seller's Agent
Lou Glatz
John L. Scott, Inc.
Buyer's Agent
Carrie Pierce-Johnson
Coldwell Banker Danforth
List Price
$3,188,000
Sold Price
$2,844,000
Premium/Discount to List
-$344,000
-10.79%
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
$2,708,942
Avg. Annual Appreciation
7.50%
Original Mortgage
$2,133,000
Interest Rate
3.59%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Maughan Nigel C | $2,844,000 | Fidellty Natio |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maughan Nigel C | $1,000,000 | |
| Open | Tranter Megan R | $1,500,000 | |
| Closed | Maughan Nigel C | $2,133,000 | |
| Previous Owner | Gibbons Robert P | $250,000 | |
| Previous Owner | Gibbons Robert P | $177,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2016 06/01/16 | Sold | $2,844,000 | -4.8% | $658 / Sq Ft |
| 04/02/2016 04/02/16 | Pending | -- | -- | -- |
| 03/11/2016 03/11/16 | Price Changed | $2,988,888 | -6.2% | $692 / Sq Ft |
| 12/01/2015 12/01/15 | For Sale | $3,188,000 | -- | $738 / Sq Ft |
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 | $33,119 | $5,058,000 | $3,698,000 | $1,360,000 |
| 2023 | $32,699 | $4,750,000 | $3,489,000 | $1,261,000 |
| 2022 | $44,170 | $8,028,000 | $3,925,000 | $4,103,000 |
| 2021 | $44,898 | $6,000,000 | $3,231,000 | $2,769,000 |
| 2020 | $23,011 | $5,611,000 | $3,397,000 | $2,214,000 |
| 2018 | $22,427 | $2,857,000 | $2,847,000 | $10,000 |
| 2017 | $19,550 | $2,585,000 | $2,575,000 | $10,000 |
| 2016 | $18,189 | $2,402,000 | $2,354,000 | $48,000 |
| 2015 | $17,521 | $2,176,000 | $2,131,000 | $45,000 |
| 2014 | -- | $2,003,000 | $1,970,000 | $33,000 |
| 2013 | -- | $1,725,000 | $1,543,000 | $182,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Glatz
-
Lori Holden
Seller Co-Listing Agent in 2016
Lori Holden
John L Scott
(206) 949-5674
7 in this area
103 Total Sales
-
C
Buyer's Agent in 2016
Carrie Pierce-Johnson
Coldwell Banker Danforth
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM872414
APN: 252404-9119
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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