NOT LISTED FOR SALE

Estimated Value: $3,626,000 - $10,023,426

4 Beds
3 Baths
6,762 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $8,398,000 $1,242 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $43,069/month

3 Days on Market

Highlights

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

About This Home

As of March 2021

Timeless and Refined home sited on 80' of "no bank" Lake Washington shoreline. A precision assemblage of materials newly constructed by Legacy Homes of Washington. Spa like Owners Suite with sweeping lake view. 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 the sandy inlet and new dock w/ deep water moorage. Truly a once in a lifetime opportunity on coveted Mercer Island.

Last Listed By

Matt Gallanar

Windermere Real Estate/East License #88486 Listed on: 02/10/2021

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1725440

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,787

Year Built

  • Built in 2021

Lot Details

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

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3 Bathrooms
  • 4 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 2154970050

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,787

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • New Construction: Completed
  • Homebuilder: Legacy Homes of WA
  • Building Information: Built On Lot
  • Entrance Level: Upper
  • New Construction: Y
  • Year Built: 2021
  • 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: 4.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 1
  • Fireplaces Lower: 2
  • 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: 6762
  • Square Footage Finished: 6762

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Poured Concrete
  • Roof: Composition, Metal
  • View: Lake, Mountain
  • Waterfront: Bulkhead
  • Waterfront Frontage: 80

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Radiant, 90%+ High Efficiency, Ductless Hp-Mini Split, Hot Water Recirc Pump, Tankless Water Heater
  • 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

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

Lot Info

  • Lot Number: 5
  • Lot Details: Dead End Street, Open Space, Paved Street
  • Lot Sq Ft: 17127
  • Lot Topography Vegetation: Partial Slope, Terraces
  • Parcel Number: 2154970050
  • 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
Feb 10, 2021
Closed on
Mar 2, 2021
Sold by
Islander Properties Llc
Bought by
Koneru Sudheer
Seller's Agent
Matt Gallanar
Windermere Real Estate/East
Buyer's Agent
Becky Nadesan
Coldwell Banker Bain
List Price
$8,200,000
Sold Price
$8,398,000
Premium/Discount to List
$198,000
2.41%
Total Days on Market
3
Current Estimated Value
$6,824,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,573,287
Avg. Annual Appreciation
-2.61%

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 1, 2021
Sold by
Gopinath Bindu
Bought by
Koneru Sudheer
Seller's Agent
Matt Gallanar
Windermere Real Estate/East
Buyer's Agent
Becky Nadesan
Coldwell Banker Bain
List Price
$8,200,000
Sold Price
$8,398,000
Premium/Discount to List
$198,000
2.41%

Purchase Details

Closed on
Dec 5, 2007
Sold by
Close Ruth Mary
Bought by
Islander Properties Llc

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
Koneru Sudheer $8,398,000 Chicago Title Company Of Wa
Koneru Sudheer -- Chicago Title Company Of Wa
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $8,398,000 +2.4% $1,242 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $8,200,000 -- $1,213 / 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 $62,787 $9,592,000 $3,064,000 $6,528,000
2023 $61,992 $9,008,000 $2,891,000 $6,117,000
2022 $55,421 $10,074,000 $3,252,000 $6,822,000
2021 $41,714 $7,529,000 $2,677,000 $4,852,000
2020 $31,014 $5,213,000 $2,550,000 $2,663,000
2018 $16,399 $1,965,000 $1,965,000 $0
2017 $14,066 $1,890,000 $1,890,000 $0
2016 $13,075 $1,728,000 $1,728,000 $0
2015 $12,651 $1,564,000 $1,564,000 $0
2014 -- $1,446,000 $1,446,000 $0
2013 -- $1,527,000 $1,527,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1725440

Northwest Multiple Listing Service (NWMLS)

APN: 215497-0050