Listed by Homes & Equity Real Estate Grp, Bought with Marketplace Sotheby's Intl Rty
$2,300,000
SOLD MAR 17, 2017
4 Beds
1 Bath
2,260 Sq Ft
0.47 Acres

Recently Sold

$1,018 Per Sq Ft

6 Days on Market

Highlights

  • Docks
  • Lake View
  • 1 Fireplace
  • Island Park Elementary School Rated A
  • Wood Flooring
  • Patio

About This Home

As of September 2021

Absolutely will not last!!! waterfront property that rarely comes on the market, stunning views! Own 89' of waterfront with no bank, on a level .47 acre. Easy access to I-90. fantastic vies of Mt. Rainer & Bellevue. Dock has jet ski lift, lean up current house or build new in this perfect private setting. This is truly a perfect waterfront property. 2 master bedrooms with bathrooms. So much room to expand, remodel, build dream home.

Last Agent to Sell the Property

Jonathan Smith

Homes & Equity Real Estate Grp License #81033 Listed on: 08/08/2016

Homes & Equity Real Estate Grp

Last Buyer's Agent

Lili Shang

Marketplace Sotheby's Intl Rty License #112430

Marketplace Sotheby's Intl Rty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1010507

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,056

Year Built

  • Built in 1957

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Parking

  • Off-Street Parking

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 3024059118

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,056

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1957
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Dbl Pane/Storm Windw, Disabled Access, Security System, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Extra Finished Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2260
  • Square Footage Finished: 2260

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Lake, Mountain, Territorial
  • Waterfront: No Bank
  • Waterfront Frontage: 89'

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer
  • Water Company: City of Mercer
  • Water Heater: Room-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

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

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 20557
  • Lot Topography Vegetation: Level
  • Parcel Number: 3024059118
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 18744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Mar 3, 2017
Sold by
Wang Wenxue and Sun Jie
Bought by
Simpson Tyler G and Simpson Andrea D
Seller's Agent
Jonathan Smith
Homes & Equity Real Estate Grp
Buyer's Agent
Lili Shang
Marketplace Sotheby's Intl Rty
List Price
$2,299,900
Sold Price
$2,300,000
Premium/Discount to List
$100
0.004%
Current Estimated Value
$5,239,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,939,949
Avg. Annual Appreciation
11.73%
Original Mortgage
$1,900,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 8, 2016
Closed on
Feb 28, 2017
Sold by
Kunovsky Shari
Bought by
Wang Wenxue
Seller's Agent
Jonathan Smith
Homes & Equity Real Estate Grp
Buyer's Agent
Lili Shang
Marketplace Sotheby's Intl Rty
List Price
$2,299,900
Sold Price
$2,300,000
Premium/Discount to List
$100
0.004%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 26, 2005
Sold by
West Ellen L
Bought by
Kunovsky Shari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,900,000 Chicago Title Company Of Wa
Warranty Deed $2,300,000 Fidelity Natio
Personal Reps Deed $2,300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,623,000 New Conventional
Closed $1,900,000 New Conventional
Previous Owner $1,900,000 Credit Line Revolving
Previous Owner $350,000 Credit Line Revolving
Previous Owner $2,030,000 Negative Amortization
Previous Owner $208,000 Credit Line Revolving
Previous Owner $1,840,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $3,900,000 -20.4% $1,726 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $4,900,000 +113.0% $2,168 / Sq Ft
03/17/2017 03/17/17 Sold $2,300,000 0.0% $1,018 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $2,299,900 -- $1,018 / 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 $58,056 $8,869,000 $3,334,000 $5,535,000
2023 $27,538 $4,015,000 $3,146,000 $869,000
2022 $24,507 $4,490,000 $3,539,000 $951,000
2021 $23,525 $3,328,000 $2,913,000 $415,000
2020 $21,929 $2,939,000 $2,775,000 $164,000
2018 $23,875 $2,851,000 $2,726,000 $125,000
2017 $20,160 $2,752,000 $2,622,000 $130,000
2016 $18,757 $2,477,000 $2,397,000 $80,000
2015 $18,072 $2,244,000 $2,170,000 $74,000
2014 -- $2,066,000 $2,006,000 $60,000
2013 -- $1,738,000 $1,686,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1010507

Northwest Multiple Listing Service (NWMLS)

APN: 302405-9118