NOT LISTED FOR SALE

Estimated Value: $3,754,000 - $7,011,131

4 Beds
4 Baths
6,819 Sq Ft
$789/Sq Ft Est. Value

Last Sold February 14, 2018

Last sale price $6,500,000 $953 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $32,920/month

5 Days on Market

Highlights

  • Docks
  • Lake View
  • Wood Flooring
  • Island Park Elementary School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of February 2018

Waterfront living at its finest! Newly Constructed by Legacy Homes of WA. Classic architecture w/ a refreshing twist. Sweeping 180 degree lake views in the spa-like Owners Suite on upper floor. Second Master Suite on main. Elevator accessing 3 floors. The "Lake Room" on lower level is reminiscent of a world class resort where guests move freely between indoor & outdoor spaces for year round entertaining. Terraced lawn leads to new dock w/ deep water moorage & 75" of Lake WA shoreline.

Last Agent to Sell the Property

Matt Gallanar

Windermere Real Estate/East License #88486 Listed on: 12/05/2017

Windermere Real Estate/East

Last Buyer's Agent

Lilli Ann Carey

Coldwell Banker Danforth License #10011

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1219714

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,942

Year Built

  • Built in 2017

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Terraced Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 4 Bathrooms
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 2154970040

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,942

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • New Construction: Under Construction
  • Homebuilder: Legacy Homes of WA
  • Building Information: Built On Lot
  • Entrance Level: Upper
  • New Construction: Y
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, 2nd Master Br, Wine Cellar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Loft, Security System, Skylights, 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: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 5.00
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 4
  • Total Half Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 2
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Upper
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 6819
  • Square Footage Finished: 6819

Exterior Features

  • Exterior: Brick, Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Composition, Metal
  • View: Lake, Mountain
  • Waterfront: Bulkhead
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Public MIS
  • Water Company: Public MIS
  • Water Heater: Mechanical Room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Project: Enclave at East Cove

Schools

  • School District: MIS

Lot Info

  • Lot Number: 4
  • Lot Details: Dead End Street, Open Space, Paved Street
  • Lot Sq Ft: 18929
  • Lot Topography Vegetation: Partial Slope, Terraces
  • Parcel Number: 2154970040
  • Zoning Jurisdiction: City
  • Lot Topography: Partial Slope, Terraces

Tax Info

  • Tax Amount: 12451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jan 19, 2018
Sold by
Islander Properties Llc
Bought by
Elfman Steven L and Elfman Monique P
Seller's Agent
Matt Gallanar
Windermere Real Estate/East
Buyer's Agent
Lilli Ann Carey
Coldwell Banker Danforth
List Price
$6,500,000
Sold Price
$6,500,000
Current Estimated Value
$5,382,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,117,434
Avg. Annual Appreciation
-2.39%

Purchase Details

Closed on
Dec 5, 2007
Sold by
Close Ruth Mary
Bought by
Islander Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elfman Steven L $6,500,000 Chicago Title
Islander Properties Llc -- Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2018 02/14/18 Sold $6,500,000 0.0% $953 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $6,500,000 -- $953 / 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 $54,942 $8,393,000 $2,884,000 $5,509,000
2023 $54,245 $7,882,000 $2,721,000 $5,161,000
2022 $48,496 $8,815,000 $3,061,000 $5,754,000
2021 $46,545 $6,588,000 $2,520,000 $4,068,000
2020 $48,964 $5,817,000 $2,400,000 $3,417,000
2018 $43,532 $6,368,000 $1,732,000 $4,636,000
2017 $20,924 $5,019,000 $1,666,000 $3,353,000
2016 $11,530 $2,571,000 $1,523,000 $1,048,000
2015 $11,156 $1,379,000 $1,379,000 $0
2014 -- $1,275,000 $1,275,000 $0
2013 -- $1,569,000 $1,569,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1219714

Northwest Multiple Listing Service (NWMLS)

APN: 215497-0040