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

Estimated Value: $2,297,000 - $2,775,000

4 Beds
2 Baths
3,390 Sq Ft
$756/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $1,506,200 $444 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $14,594/month

39 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Waterfront Community
  • Lake View
  • Island Park Elementary School Rated A
  • Docks
  • Deck

About This Home

As of May 2019

$100K price reduction. An inviting, bright mid-century house with shared waterfront and private sport court. You'll adore the large kitchen with its expansive view of the Lake that stretches across the family room, living & dining rooms. Enjoy iced tea on the front deck, overlooking the Lake. Out back you’ll find a level backyard & sport court beyond. Your kids will grow up cooling themselves in the Lake after a game of pickleball on the sport court. 6 skylights, brand new roof, new HE furnace

Last Agent to Sell the Property

Curtis Brown

Windermere Real Estate/East License #77406 Listed on: 02/26/2019

Windermere Real Estate/East

Last Buyer's Agent

David Eastern

Windermere Real Estate/East License #27365

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1415658

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,219

Year Built

  • Built in 1961

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Lake Views
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1924059190

Community Details

Overview

  • Mercer Island Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,219

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Den or Office: Lower
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3390
  • Square Footage Finished: 3390

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Flat
  • View: Lake
  • Waterfront: Bank-Low, Bulkhead, Lake

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, High Efficiency (Unspecified)
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Community Features: Community Waterfront/Pvt Beach

Schools

  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 12825
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 1924059190
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 9984

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2019
Closed on
Apr 27, 2019
Sold by
Winkelman Nathaniel W and Winkelman Barbara Gaines
Bought by
Law Richard William and Law Renee Michiko
Seller's Agent
Curtis Brown
Windermere Real Estate/East
Buyer's Agent
David Eastern
Windermere Real Estate/East
List Price
$1,599,000
Sold Price
$1,506,200
Premium/Discount to List
-$92,800
-5.8%
Current Estimated Value
$2,561,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,055,614
Avg. Annual Appreciation
8.56%
Original Mortgage
$1,204,960
Outstanding Balance
$1,055,078
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,506,736

Purchase Details

Closed on
Jul 24, 1998
Sold by
Hostvedt David P and Hostvedt Deborah L
Bought by
Winkelman Nathaniel W and Winkelman Barbara Gaines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
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
Law Richard William $1,506,200 Chicago Title
Winkelman Nathaniel W $575,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Richard William $1,204,960
Previous Owner Winkelman Nathaniel W $402,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $1,506,200 -5.8% $444 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $1,599,000 -- $472 / 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 $14,219 $2,170,000 $1,370,000 $800,000
2023 $14,040 $2,038,000 $1,293,000 $745,000
2022 $11,946 $2,280,000 $1,455,000 $825,000
2021 $11,471 $1,621,000 $1,198,000 $423,000
2020 $10,286 $1,432,000 $1,141,000 $291,000
2018 $9,984 $1,274,000 $902,000 $372,000
2017 $8,431 $1,150,000 $816,000 $334,000
2016 $7,848 $1,035,000 $746,000 $289,000
2015 $7,565 $938,000 $676,000 $262,000
2014 -- $864,000 $625,000 $239,000
2013 -- $792,000 $601,000 $191,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1415658

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9190