NOT LISTED FOR SALE

Estimated Value: $2,704,000 - $4,034,000

5 Beds
5 Baths
4,315 Sq Ft
$792/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $3,050,000 $707 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $20,727/month

109 Days on Market

Highlights

  • Docks
  • Lake View
  • Deck
  • Island Park Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Contemporary Architecture

About This Home

As of November 2022

Luxurious and elegant contemporary home with endless Lake Washington views from all three levels. Unrivaled artistry and remarkable architecture are the hallmarks of this magnificent light-filled home. Voluminous ceilings and walls of glass open onto the entertainer's dream deck off of the great room & kitchen. Superb kitchen w/professional grade appliances & overscale island. Exquisite main floor primary bedroom w/views and spa-inspired bath. Main floor den/bedroom & 3 spacious bedrooms on the lower level w/water views & a shared deck. Fully equipped home theater room and space for a home gym on the ground floor. Shared waterfront & dock. Whole house generator. This is an incredible opportunity; the jewel of Mercer Island awaits you!

Last Listed By

Nancy Backman

John L. Scott, Inc. License #71447 Listed on: 06/17/2022

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1952839

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,796

Year Built

  • Built in 2017

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Cement Board or Planked
  • Stucco

Interior Spaces

  • 4,315 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Docks
  • Deck

Location

  • Property is near public transit

Schools

  • Island Park Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Central Air
  • Generator Hookup
  • Tankless Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Meridian Co.
  • East Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1924059098

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,796

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2017
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 4315
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 986

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, Carpet
  • Interior Amenities: High Efficiency - 90%+, Central A/C, Tankless Water Heater, Concrete, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), High Tech Cabling, Jetted Tub, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wired for Generator, Water Heater
  • Living Area: 4315
  • Main Level Bedrooms: 2
  • Bathrooms: 4
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 4315
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 2
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Flat
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: Meridian Co.
  • Exterior Features: Cement Planked, Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C,Tankless Water Heater
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterType: Tankless
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 1924059098
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.2694
  • Lot Size Sq Ft: 11734
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Moorage,Sprinkler System
  • MLSLotSizeSource: King County Records
  • MLSSquareFootageSource: King County Records

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 18796

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Island Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Oct 24, 2022
Sold by
Williams Rodney and Williams Roberta
Bought by
Paine Nathan T and Paine Kami R
Seller's Agent
Nancy Backman
John L. Scott, Inc.
Buyer's Agent
Ray Poletti
Ballard Realty, Inc.
List Price
$3,450,000
Sold Price
$3,050,000
Premium/Discount to List
-$400,000
-11.59%
Total Days on Market
109
Current Estimated Value
$3,418,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,889
Avg. Annual Appreciation
8.86%
Original Mortgage
$2,287,500
Outstanding Balance
$2,229,716
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$1,541,709

Purchase Details

Listed on
Oct 4, 2017
Closed on
Oct 16, 2017
Sold by
Mercer Way Llc
Bought by
Williams Rodney and Williams Roberta
Seller's Agent
Tina Terada
Windermere Bellevue Commons
Buyer's Agent
Nancy Backman
John L. Scott, Inc.
List Price
$2,590,000
Sold Price
$2,545,000
Premium/Discount to List
-$45,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$2,000,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2017
Sold by
Sialer Luis Sialer and Diaz Aquiles Munoz
Bought by
West Seattle 8320 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2012
Sold by
Refs Realty Llc
Bought by
60Xx Mercer Way Llc

Purchase Details

Closed on
Jul 18, 2012
Sold by
Boston Private Bank & Trust Company
Bought by
Refs Realty Llc

Purchase Details

Closed on
Jul 6, 2012
Sold by
Redman Gary J and Redman Catherine M
Bought by
Boston Private Bank & Trust Company

Purchase Details

Closed on
Dec 31, 2007
Sold by
The Redman/Cj Design & Const Co Llc
Bought by
Redman Gary J and Redman Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 2006
Sold by
Johnson Craig E
Bought by
The Redman/Cj Design & Construction Co

Purchase Details

Closed on
Jul 26, 2006
Sold by
Saldana Lucy E
Bought by
Johnson Craig E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 17, 2006
Sold by
Nakamoto James H and Nakamoto Jo Ann K
Bought by
Johnson Craig E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 15, 2000
Sold by
Nakamoto James H and Nakamoto Joann K
Bought by
Nakamoto James H and Nakamoto Joann K

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
Paine Nathan T $3,050,000 Chicago Title
Williams Rodney $2,545,000 Chicago Title Co Of Wa
West Seattle 8320 Llc $120,000 First American Title Ins Co
60Xx Mercer Way Llc $275,000 First American
Refs Realty Llc -- Accommodation
Boston Private Bank & Trust Company $270,000 None Available
Redman Gary J -- Chicago Title
The Redman/Cj Design & Construction Co -- Chicago Title
Johnson Craig E -- Chicago Title
Johnson Craig E $420,000 Chicago Title
Nakamoto James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paine Nathan T $2,287,500
Previous Owner Williams Rodney $1,800,000
Previous Owner Williams Rodney $2,000,000
Previous Owner West Seattle 8320 Llc $130,000
Previous Owner 60Xx Mercer Way Llc $150,000
Previous Owner 60Xx Mercer Way Llc $700,000
Previous Owner 60Xx Mercer Way Llc $270,000
Previous Owner 60Xx Mercer Way Llc $270,000
Previous Owner Redman Gary J $291,607
Previous Owner Redman Gary J $298,000
Previous Owner Johnson Craig E $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $3,050,000 -11.6% $707 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $3,450,000 +13.1% $800 / Sq Ft
09/07/2022 09/07/22 Off Market $3,050,000 -- --
08/15/2022 08/15/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $3,450,000 -10.3% $800 / Sq Ft
07/14/2022 07/14/22 Price Changed $3,845,000 -6.1% $891 / Sq Ft
06/17/2022 06/17/22 For Sale $4,095,000 +60.9% $949 / Sq Ft
11/07/2017 11/07/17 Sold $2,545,000 -1.7% $590 / Sq Ft
10/07/2017 10/07/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $2,590,000 -- $600 / 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 $21,267 $3,247,000 $1,228,000 $2,019,000
2023 $21,401 $3,108,000 $1,159,000 $1,949,000
2022 $19,135 $3,476,000 $1,304,000 $2,172,000
2021 $18,798 $2,598,000 $1,074,000 $1,524,000
2020 $17,611 $2,348,000 $1,023,000 $1,325,000
2018 $17,086 $2,182,000 $599,000 $1,583,000
2017 $10,611 $1,969,000 $542,000 $1,427,000
2016 $8,648 $1,303,000 $496,000 $807,000
2015 $2,896 $1,034,000 $449,000 $585,000
2014 -- $330,000 $320,000 $10,000
2013 -- $468,000 $430,000 $38,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1952839

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9098