Listed by Windermere Real Estate/East, Bought with RE/MAX Integrity
NOT LISTED FOR SALE

Estimated Value: $3,616,000 - $8,256,951

4 Beds
4.5 Baths
5,457 Sq Ft
$1,161/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $7,480,000 $1,371 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $36,514/month

118 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Wine Cellar
  • 0.59 Acre Lot
  • Island Park Elementary School Rated A+
  • Lake View
  • Fireplace in Primary Bedroom

About This Home

As of January 2022

This dramatic, gated waterfront estate is an idyllic blend of Zen retreat and private, energizing playground. You’ll be greeted by beautiful grounds and the sound of water cascading down granite terraces pooling in tranquil ponds. Reminiscent of your fave 5 star hotel where amazing luxury, beauty and comfort are featured throughout. Infinity pool and spa, movie theater, exercise suite, tea room and grand 30 ft foyer. Coveted dock and 65 ft of prized lakefront on over a half acre of lush grounds.

Last Agent to Sell the Property

Feng Hong

Windermere Real Estate/East License #79491 Listed on: 07/13/2021

Windermere Real Estate/East

Last Buyer's Agent

Nona Adams

RE/MAX Integrity License #51002

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1807512

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,196

Year Built

  • Built in 2001

Lot Details

  • 0.59 Acre Lot
  • 65 Feet of Waterfront
  • Lake Front
  • Gated Home
  • Partially Fenced Property
  • Sloped Lot
  • Wooded Lot
  • Garden
  • Property is in very good condition
  • Zoning described as R15

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Shake Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 5,457 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 4 Fireplaces
  • French Doors
  • Wine Cellar
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Lakeridge Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Central Air
  • Water Heater

Community Details

  • Built by Custom
  • East Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3024059065

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,196

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2001
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5457
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 4
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Slate, Carpet
  • Interior Amenities: Forced Air, Central A/C, Hardwood, Wall to Wall Carpet, Wet Bar, Wine Cellar, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 5457
  • BathsFullMain: 0
  • SquareFootageFinished: 5457
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 2
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Cedar Shake
  • View: Lake, Mountain(s), Territorial
  • Pool Features: In Ground
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Builder Name: Custom
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • PoolType: In-Ground
  • WaterfrontFootage: 65

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Central A/C,Forced Air,Radiant
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 3024059065
  • Topography: Sloped
  • Lot Size Acres: 0.5946
  • Lot Size Sq Ft: 25900
  • Zoning Description: R15
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gated Entry
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 32196

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2018
Sold by
Liu Xinqiang and Zheng Guiyun
Bought by
Liu Xinqiang
Current Estimated Value
$6,335,984

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
Outstanding Balance
$1,288,774
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$5,047,210

Purchase Details

Listed on
Sep 11, 2014
Closed on
Jan 26, 2015
Sold by
Soltys Richard and Huizinga Richard
Bought by
Liu Xinqiang
Seller's Agent
Shannon Campbell
COMPASS
Buyer's Agent
Feng Hong
Windermere Real Estate/East
List Price
$6,180,000
Sold Price
$5,450,000
Premium/Discount to List
-$730,000
-11.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%

Purchase Details

Closed on
May 6, 2004
Sold by
Chrysanthou Michalis and Moery Nina Ann
Bought by
Soltys Richard and Huizinga Rick

Purchase Details

Closed on
Mar 6, 2000
Sold by
Domus Design Construction Ltd
Bought by
Chrysanthou Michalis and Chrysanthou Nina Ann

Purchase Details

Closed on
Apr 9, 1999
Sold by
Feeney Michael R and Feeney Helen V
Bought by
Domus Design/Construction Ltd

Purchase Details

Closed on
Mar 1, 1993
Sold by
Ford Elinor
Bought by
Feeney Helen and Feeney Michael R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu Xinqiang -- Wfg National Title
Liu Xinqiang $5,450,000 Chicago Title
Soltys Richard $2,500,000 First American
Chrysanthou Michalis $850,000 Transnation Title Insurance
Domus Design/Construction Ltd $640,000 Chicago Title Insurance Co
Feeney Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Xinqiang $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2022 01/19/22 Sold $7,480,000 -2.6% $1,371 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $7,680,000 0.0% $1,407 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $7,680,000 +40.9% $1,407 / Sq Ft
02/02/2015 02/02/15 Sold $5,450,000 -11.8% $999 / Sq Ft View Prior Sale
12/09/2014 12/09/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $6,180,000 -- $1,132 / 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 $38,222 $5,838,000 $2,476,000 $3,362,000
2023 $37,602 $5,483,000 $2,336,000 $3,147,000
2022 $33,742 $6,132,000 $2,628,000 $3,504,000
2021 $32,196 $4,583,000 $2,163,000 $2,420,000
2020 $35,032 $4,023,000 $2,060,000 $1,963,000
2018 $38,147 $4,556,000 $1,796,000 $2,760,000
2017 $33,296 $4,398,000 $1,727,000 $2,671,000
2016 $27,594 $4,092,000 $1,579,000 $2,513,000
2015 $26,586 $3,302,000 $1,286,000 $2,016,000
2014 -- $3,040,000 $1,189,000 $1,851,000
2013 -- $2,850,000 $1,265,000 $1,585,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1807512

Northwest Multiple Listing Service (NWMLS)

APN: 302405-9065