NOT LISTED FOR SALE

Estimated Value: $2,584,000 - $3,251,000

4 Beds
2 Baths
3,570 Sq Ft
$816/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $2,300,000 $644 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $16,698/month

1 Day on Market

Highlights

  • Waterfront Community
  • Docks
  • Deck
  • Island Park Elementary School Rated A
  • Lake View
  • Northwest Architecture

About This Home

As of July 2020

Live the dream! This striking NW classic w/shared wtrfrnt & moorage has it all! Views in every sense of the word! A dramatic Great Room speaks to the heart of the home w/ it's tall ceilings, well appointed ktchn & ideal flow out to entertainment sized deck. Retreat to the main floor mster for a spa-like experience. Impressive lower level w/big bonus rm+ 2 bds/2bths (1 an ensuite). Rare parking @ beach area. A/C, whole house generator, central vac & boat lift incl. Inspection/Sewer reports avail.

Last Agent to Sell the Property

Joan Bayley

Windermere Real Estate/East License #38768 Listed on: 05/27/2020

Windermere Real Estate/East

Last Buyer's Agent

Christy Shiers

Windermere Real Estate/East License #23018706

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1600872

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,341

Year Built

  • Built in 1959

Lot Details

  • Street terminates at a dead end
  • Terraced Lot

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 2 Bathrooms
  • Natural lighting in basement

Listing and Financial Details

  • Assessor Parcel Number 1924059215

Community Details

Overview

  • East Mercer Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,341

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 3.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Lower: 2
  • Master Bedroom: Main
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3570
  • Square Footage Finished: 3570

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain
  • Waterfront: No Bank
  • Waterfront Frontage: 40

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Lower Level Laundry-Gas
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: 150 x 100
  • Lot Sq Ft: 15000
  • Lot Topography Vegetation: Partial Slope, Terraces
  • Parcel Number: 1924059215
  • Zoning Jurisdiction: City
  • Lot Topography: Partial Slope, Terraces

Tax Info

  • Tax Amount: 14936

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 8, 2020
Sold by
Leach Charles H and Leach Charlene L
Bought by
Carmichael Robert and Carmichael Jennifer
Seller's Agent
Joan Bayley
Windermere Real Estate/East
Buyer's Agent
Christy Shiers
Windermere Real Estate/East
List Price
$2,150,000
Sold Price
$2,300,000
Premium/Discount to List
$150,000
6.98%
Current Estimated Value
$2,914,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,080
Avg. Annual Appreciation
4.58%
Original Mortgage
$1,840,000
Outstanding Balance
$1,616,637
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,297,443

Purchase Details

Closed on
Apr 22, 2010
Sold by
Ip Wallace W and Ip Hermia K
Bought by
Leach Charles H and Leach Charlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1988
Sold by
Ludwigsen Jr Lester L
Bought by
Ip Wallace W and Ip Hermia K
Source: Public Records

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
Carmichael Robert $2,300,000 Fidelity National Title
Leach Charles H $925,000 Chicago Title
Ip Wallace W $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmichael Robert $1,840,000
Previous Owner Leach Charles H $567,500
Previous Owner Leach Charles H $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $2,300,000 +7.0% $644 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $2,150,000 -- $602 / 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 $17,341 $2,647,000 $1,423,000 $1,224,000
2023 $17,122 $2,486,000 $1,343,000 $1,143,000
2022 $15,316 $2,781,000 $1,511,000 $1,270,000
2021 $14,703 $2,079,000 $1,244,000 $835,000
2020 $14,936 $1,836,000 $1,185,000 $651,000
2018 $14,484 $1,850,000 $974,000 $876,000
2017 $12,644 $1,669,000 $881,000 $788,000
2016 $11,765 $1,553,000 $806,000 $747,000
2015 $11,691 $1,407,000 $730,000 $677,000
2014 -- $1,369,000 $675,000 $694,000
2013 -- $1,378,000 $633,000 $745,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1600872

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9215