NOT LISTED FOR SALE

Estimated Value: $2,426,000 - $3,137,000

5 Beds
2 Baths
3,659 Sq Ft
$793/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $1,600,000 $437 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $17,429/month

41 Days on Market

Highlights

  • Lake View
  • Deck
  • Wooded Lot
  • Island Park Elementary School Rated A
  • Northwest Architecture
  • Bamboo Flooring

About This Home

As of September 2016

Outstanding Custom Remodel on the coveted west side of Mercer island! Surrounded by maples, firs & pines . Views of the lake & city. Transformed into a fantastic 2016 Multi-level NW Contemporary with beautiful open spaces. Primary Master Suite on the main floor and the 2nd Master Suite on top floor w/ a big deck & a view of the Lake. Living areas are enhanced w/floating stairs and glass rails. Media/Fam Rm with a Deck. 5 BR/ 4 BA. Decks on every floor. Smart house w/ a WOW factor.

Last Agent to Sell the Property

Richard Lentz

Coldwell Banker Bain License #3983 Listed on: 06/26/2016

Coldwell Banker Bain

Last Buyer's Agent

Sherrie Chen

AgencyOne License #105650

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM965756

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,778

Year Built

  • Built in 1976

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Sloped Lot
  • Wooded Lot

Parking

  • Attached Garage

Property Views

  • Lake
  • City

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • High Speed Internet

Community Details

  • West Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1922800380

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,778

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Nw Contemporary
  • New Construction: Completed
  • Building Information: Built On Lot
  • New Construction: Y
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 3
  • Bathrooms: 4.00
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3659
  • Square Footage Finished: 3659

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Lake

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Tankless Water Heater
  • Sewer: Sewer Connected
  • Water Heater: Garage-waterless tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: West Mercer

Schools

  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 18697
  • Lot Topography Vegetation: Sloped, Wooded
  • Parcel Number: 1922800380
  • Zoning Jurisdiction: City
  • Lot Topography: Sloped, Wooded

Tax Info

  • Tax Amount: 8591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2016
Closed on
Sep 12, 2016
Sold by
Mcdonald Marc B and Mcdonald Elizabeth
Bought by
Chen Lei and Chen Ruojin
Seller's Agent
Richard Lentz
Coldwell Banker Bain
Buyer's Agent
Sherrie Chen
AgencyOne
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%
Current Estimated Value
$2,902,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,302,717
Avg. Annual Appreciation
6.70%
Original Mortgage
$900,000
Outstanding Balance
$728,560
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$2,108,927

Purchase Details

Closed on
May 14, 2012
Sold by
Mcdonald Marc B
Bought by
Mcdonald Marc B and Mcdonald Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,600
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1996
Sold by
Bray George E and Bray Petra I
Bought by
Mcdonald Marc B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
7.87%
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
Chen Lei $1,600,000 Chicago Title
Mcdonald Marc B -- Wfg National T
Mcdonald Marc B $445,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lei $900,000
Previous Owner Mcdonald Marc B $234,600
Previous Owner Mcdonald Marc B $25,000
Previous Owner Mcdonald Marc B $256,000
Previous Owner Mcdonald Marc B $356,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $1,600,000 -5.6% $437 / Sq Ft
08/07/2016 08/07/16 Pending -- -- --
07/20/2016 07/20/16 Price Changed $1,695,000 -5.6% $463 / Sq Ft
06/26/2016 06/26/16 For Sale $1,795,000 -- $491 / 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 $16,778 $2,561,000 $1,364,000 $1,197,000
2023 $16,565 $2,405,000 $1,287,000 $1,118,000
2022 $14,441 $2,690,000 $1,448,000 $1,242,000
2021 $13,863 $1,960,000 $1,192,000 $768,000
2020 $13,270 $1,731,000 $1,136,000 $595,000
2018 $12,880 $1,644,000 $796,000 $848,000
2017 $10,879 $1,484,000 $720,000 $764,000
2016 $8,591 $1,336,000 $659,000 $677,000
2015 $8,282 $1,027,000 $597,000 $430,000
2014 -- $946,000 $552,000 $394,000
2013 -- $880,000 $539,000 $341,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM965756

Northwest Multiple Listing Service (NWMLS)

APN: 192280-0380