Listed by Windermere RE Mercer Island, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

6051 78th Ave SE Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,889,000 - $4,007,000

5 Beds
3 Baths
4,240 Sq Ft
$843/Sq Ft Est. Value

Last Sold November 26, 2012

Last sale price $1,527,000 $360 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $20,871/month

41 Days on Market

About This Home

As of November 2012

Quiet elegance in Lakeview Highlands... Savor sparkling lake views & colorful sunsets through full-length windows in soaring living/dining areas. Stunning new kitchen offers custom cherry cabs, granite surfaces, stainless appls & double oven. Adjacent family room features more outstanding views & slate fireplace. Sumptuous master bath with heated floors. Peaceful den & comfy rec room. New view deck plus lower gardens & hot tub. Newer roof, updated baths & more!

Last Agent to Sell the Property

Mary Lou Putman

Windermere RE Mercer Island Listed on: 08/30/2012

Last Buyer's Agent

Richard Lentz

Coldwell Banker Bain License #3983

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM399749

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$23,904

Year Built

1964

Lot Details

0

Interior Features

  • Basement: Daylight, Fully Finished
  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, French Doors, Hot Tub/Spa, Jetted Tub, Skylights, Vaulted Ceilings
  • Fireplaces: 3

Exterior Features

  • Exterior: Wood
  • Roof: Cedar Shake
  • View: Lake, Mountain

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Spaces: 2

Utilities

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air
  • Sewer: Connected
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2012
Closed on
Nov 7, 2012
Sold by
Salter Andrew H and Gammer Michele A
Bought by
Levine Orin S and Batson Aimee E
Seller's Agent
Mary Lou Putman
Windermere RE Mercer Island
Buyer's Agent
Richard Lentz
Coldwell Banker Bain
List Price
$1,527,000
Sold Price
$1,527,000
Current Estimated Value
$3,575,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,048,076
Avg. Annual Appreciation
6.77%
Original Mortgage
$1,035,000
Outstanding Balance
$713,849
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$2,861,227

Purchase Details

Closed on
Jul 18, 2001
Sold by
Ramsden Stephen Bruce
Bought by
Salter Andrew H and Gammer Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.87%

Purchase Details

Closed on
Dec 3, 1999
Sold by
Ramsden Margaret Anne
Bought by
Ramsden Stephen Bruce

Purchase Details

Closed on
May 27, 1998
Sold by
Knoll Jerome C and Knoll Mary Anne
Bought by
Ramsden Stephen B and Anne Ramsden M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Levine Orin S $1,527,000 Old Republic Title Ltd
Salter Andrew H $1,189,000 Transnation Title Insurance
Ramsden Stephen Bruce -- --
Ramsden Stephen B $824,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Orin S $1,035,000
Previous Owner Salter Andrew H $500,000
Previous Owner Ramsden Stephen B $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2012 11/26/12 Sold $1,527,000 0.0% $360 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $1,527,000 -- $360 / 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 $23,904 $3,650,000 $1,908,000 $1,742,000
2023 $23,465 $3,408,000 $1,800,000 $1,608,000
2022 $20,453 $3,812,000 $2,025,000 $1,787,000
2021 $19,630 $2,777,000 $1,667,000 $1,110,000
2020 $19,009 $2,452,000 $1,588,000 $864,000
2018 $18,438 $2,355,000 $1,253,000 $1,102,000
2017 $15,572 $2,125,000 $1,133,000 $992,000
2016 $14,488 $1,913,000 $1,036,000 $877,000
2015 $13,964 $1,733,000 $938,000 $795,000
2014 -- $1,596,000 $867,000 $729,000
2013 -- $1,374,000 $852,000 $522,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mary Lou Putman

    Windermere RE Mercer Island

  • R

    Buyer's Agent in 2012

    Richard Lentz

    Coldwell Banker Bain

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM399749

Northwest Multiple Listing Service (NWMLS)

APN: 409480-0280

Washington King County Mercer Island 98040 Island Point

6051 78th Ave SE, Mercer Island, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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