NOT LISTED FOR SALE

Estimated Value: $2,862,000 - $4,234,000

5 Beds
1 Bath
5,479 Sq Ft
$681/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $2,316,000 $423 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $22,636/month

176 Days on Market

Highlights

  • Lake View
  • Fruit Trees
  • Traditional Architecture
  • Island Park Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of December 2018

Voluminous entry, grand staircase, curated ironwork and mosaic marble floors. Exquisite details abound, coffered ceilings, towering pillars. Marble and hardwood flooring, detailed crown molding,5,479 SF,5 bedrooms,2 master bedrooms,6 baths,4 fireplaces, 3 family entertaining/gaming rooms, 3 decks. Formal dining,kitchen slab granite counters, all high end, casual dining with garden & lake views. 2 wet bars. 900 bottle wine cellar, gym, second office. Luxury throughout. 5 level entry garages.

Last Listed By

Nancy Klinck

Realogics Sotheby's Int'l Rlty License #42090 Listed on: 05/29/2018

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1286123

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,012

Year Built

  • Built in 2005

Lot Details

  • Dog Run
  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is zoned R15

Parking

  • Garage

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 4 Fireplaces
  • Lake Views
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 865120

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,012

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, High Tech Cabling, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Lower Level Bedroom: 2
  • Bathrooms: 5.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 5
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Lower
  • Fireplaces: 4
  • Fireplaces Main: 2
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5479
  • Square Footage Finished: 5479
  • Square Footage Unfinished: 6500

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Parking: 5

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Heater: Garage 2-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer
  • Project: Timberland 7

Schools

  • Elementary School: Island Park Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 1
  • Lot Details: Paved Street
  • Lot Sq Ft: 15993
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Partial Slope
  • Parcel Number: 865120
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Partial Slope

Tax Info

  • Tax Amount: 16500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2023
Sold by
Bhatia Shailender and Bhatia Ritu
Bought by
Mars Revocable Living Trust and Bhatia
Total Days on Market
176
Current Estimated Value
$3,731,190

Purchase Details

Listed on
May 29, 2018
Closed on
Dec 5, 2018
Sold by
Hansen Thomas N
Bought by
Bhatia Shailender and Bahl Ritu
Seller's Agent
Nancy Klinck
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Nancy Klinck
Realogics Sotheby's Int'l Rlty
List Price
$2,998,000
Sold Price
$2,316,000
Premium/Discount to List
-$682,000
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,852,800
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 10, 2015
Sold by
Hansen Thomas N
Bought by
Hansen Thomas N

Purchase Details

Closed on
Oct 13, 2005
Sold by
East View Inc
Bought by
Hansen Thomas N and Hansen Cheryl B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2004
Sold by
Steiner Samuel J and Steiner Charlotte R
Bought by
East View Inc

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
Mars Revocable Living Trust $313 None Listed On Document
Bhatia Shailender $2,316,000 Rainier Title
Hansen Thomas N -- None Available
Hansen Thomas N $2,050,000 Ticor National
East View Inc $446,500 Washington Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhatia Shailender $1,000,000
Previous Owner Bhatia Shailender $1,852,800
Previous Owner Hansen Thomas N $438,000
Previous Owner Hansen Thomas N $567,500
Previous Owner Hansen Thomas N $707,000
Previous Owner Hansen Thomas N $1,500,000
Previous Owner East View Inc $500,000
Previous Owner East View Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $2,316,000 -14.2% $423 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $2,699,000 -10.0% $493 / Sq Ft
05/29/2018 05/29/18 For Sale $2,998,000 -- $547 / 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 $21,012 $3,208,000 $1,321,000 $1,887,000
2023 $20,674 $3,013,000 $1,247,000 $1,766,000
2022 $18,554 $3,370,000 $1,403,000 $1,967,000
2021 $17,806 $2,519,000 $1,155,000 $1,364,000
2020 $19,332 $2,224,000 $1,100,000 $1,124,000
2018 $18,750 $2,395,000 $902,000 $1,493,000
2017 $16,369 $2,161,000 $816,000 $1,345,000
2016 $15,232 $2,011,000 $746,000 $1,265,000
2015 $14,680 $1,822,000 $676,000 $1,146,000
2014 -- $1,678,000 $625,000 $1,053,000
2013 -- $1,599,000 $615,000 $984,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1286123

Northwest Multiple Listing Service (NWMLS)

APN: 865120-0010