NOT LISTED FOR SALE

Estimated Value: $2,350,795 - $2,560,000

5 Beds
1 Bath
2,890 Sq Ft
$844/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $1,100,000 $381 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $14,175/month

144 Days on Market

Highlights

  • Territorial View
  • Traditional Architecture
  • Cul-De-Sac
  • Island Park Elementary School Rated A
  • 2 Fireplaces
  • Attached Garage

About This Home

As of March 2015

East Coast Charm in a private sylvan setting on one of Mercer Island's coveted streets. A circular layout flows from welcoming foyer to generous living & dining areas. Open, bright kitchen overlooking family room & private back yard. French doors open to patio with brick BBQ/oven. Work from home or host guests in the main floor den with 3/4 bath. All four bedrooms, including large master suite w/ walk-in closet, are tucked upstairs. Stroll to South End shopping center, parks & schools.

Last Agent to Sell the Property

Kathryn Lerner

Windermere Mercer Island License #112452 Listed on: 09/02/2014

Windermere Mercer Island

Last Buyer's Agent

Lindy Weathers

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM685279

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,903

Year Built

  • Built in 1963

Lot Details

  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • Attached Garage
  • Off-Street Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Disabled Access
  • Outbuilding

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 7511000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,903

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Disabled Access, French Doors, Security System, Skylights, Walk-In Closet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 5
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2890
  • Square Footage Finished: 2890

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Concrete Block, Poured Concrete
  • Roof: Cedar Shake
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Power
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Available, Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Project: Salem Woods

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 05
  • Lot Details: Cul-De-Sac, Dead End Street, Open Space, Paved Street
  • Lot Dimensions: 22,547 sf
  • Lot Sq Ft: 22547
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 7511000050
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 7550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2014
Closed on
Mar 3, 2015
Sold by
Beckman Eric P and Beckman Monica P
Bought by
Hofstetter Christoph P and Hofstetter Annika M
Seller's Agent
Kathryn Lerner
Windermere Mercer Island
Buyer's Agent
Lindy Weathers
Coldwell Banker Bain
List Price
$1,085,000
Sold Price
$1,100,000
Premium/Discount to List
$15,000
1.38%
Current Estimated Value
$2,438,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,338,449
Avg. Annual Appreciation
7.89%
Original Mortgage
$880,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2009
Sold by
Nelson Brook T
Bought by
Beckman Eric P and Beckman Monica P

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
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2004
Sold by
Sprinkle Roger W and Concannon Eileen M
Bought by
Nelson Brook T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1996
Sold by
Senff Marvin E and Senff Linda Q
Bought by
Sprinkle Roger W and Concannon Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.39%
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
Hofstetter Christoph P $1,100,000 Cw Title Co
Beckman Eric P $850,000 Fidelity National Title
Nelson Brook T $850,000 Transnation Ti
Sprinkle Roger W $610,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofstetter Christopher P $685,000
Closed Hofstetter Christoph P $880,000
Previous Owner Beckman Eric P $50,000
Previous Owner Beckman Eric P $564,000
Previous Owner Beckman Eric P $567,500
Previous Owner Nelson Brook T $370,000
Previous Owner Sprinkle Roger W $250,000
Previous Owner Sprinkle Roger W $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Sold $1,100,000 +1.4% $381 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $1,085,000 -1.4% $375 / Sq Ft
10/30/2014 10/30/14 Off Market $1,100,000 -- --
10/14/2014 10/14/14 Price Changed $1,085,000 -3.0% $375 / Sq Ft
09/02/2014 09/02/14 For Sale $1,118,000 -- $387 / 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 $11,903 $1,816,000 $1,196,000 $620,000
2023 $11,756 $1,706,000 $1,129,000 $577,000
2022 $10,511 $1,908,000 $1,270,000 $638,000
2021 $10,088 $1,426,000 $1,046,000 $380,000
2020 $10,950 $1,259,000 $997,000 $262,000
2018 $10,626 $1,356,000 $867,000 $489,000
2017 $8,976 $1,224,000 $784,000 $440,000
2016 $8,349 $1,102,000 $717,000 $385,000
2015 $8,046 $998,000 $649,000 $349,000
2014 -- $919,000 $600,000 $319,000
2013 -- $826,000 $577,000 $249,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM685279

Northwest Multiple Listing Service (NWMLS)

APN: 751100-0050