NOT LISTED FOR SALE

Estimated Value: $2,209,000 - $2,859,000

4 Beds
3.5 Baths
3,040 Sq Ft
$816/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $2,348,000 $772 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,029/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Lake View
  • Property is near public transit
  • Island Park Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of May 2023

Move right into this beautifully remodeled home situated on a private lane overlooking Lake Washington. Light-filled interiors are warm and inviting showcasing sparkling lake views from almost every room. Reimagined in 2017, traditional spaces were opened up to create a main floor great room with large chef’s kitchen, dining area and open concept living room plus office/den, family room and lower-level rec room. Every surface has been upgraded with high-end modern finishes and all new systems including AC. Multi-level view decks and patio flow seamlessly to create the perfect blend of indoor and outdoor living spaces. Set on an oversized lot just minutes to Seattle and Bellevue, enjoy Mercer Island’s coveted lifestyle and superior schools.

Last Listed By

Andrea Iverson

Windermere Mercer Island License #74522 Listed on: 03/30/2023

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2047993

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,128

Year Built

  • Built in 1969

Lot Details

  • 0.39 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Lake
  • Territorial

Home Design

  • Traditional Architecture
  • 3-Story Property
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,040 Sq Ft Home
  • Wet Bar
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Island Park Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • Generator Hookup
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • East Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3024059159

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,128

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 13 - Tri-Level
  • Year Built: 1969
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 3040
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 731

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Walk-In Closet(s), Wet Bar, Wired for Generator, Water Heater
  • Living Area: 3040
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3040
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Lake, See Remarks, Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 3024059159
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.3917
  • Lot Size Sq Ft: 17064
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Patio,RV Parking
  • MLSLotSizeSource: King County Records
  • MLSSquareFootageSource: King County Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2023
  • Tax Annual Amount: 14128

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Island Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 1, 2023
Sold by
Li Xiaoda and Li Ye
Bought by
Siddique Asma and Ahmed Shiraz
Seller's Agent
Andrea Iverson
Windermere Mercer Island
Buyer's Agent
Hao Dang
Windermere Real Estate/East
List Price
$2,285,000
Sold Price
$2,348,000
Premium/Discount to List
$63,000
2.76%
Total Days on Market
4
Views
28
Current Estimated Value
$2,479,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,816
Avg. Annual Appreciation
2.78%
Original Mortgage
$1,878,400
Outstanding Balance
$1,836,308
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$643,508

Purchase Details

Listed on
Feb 14, 2017
Closed on
Apr 11, 2017
Sold by
Wahlquist Gerald and Wahlquist Joan
Bought by
Li Xiaoda and Wang Ye
Seller's Agent
Allison Trull
Coldwell Banker Bain
Buyer's Agent
Dien Le
Skyline Properties, Inc.
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%
Original Mortgage
$388,980
Interest Rate
4.21%

Range of Values:

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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
Siddique Asma $2,348,000 Cw Title
Li Xiaoda $1,100,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siddique Asma $1,878,400
Previous Owner Li Xiaoda $500,000
Previous Owner Wahlquist Gerald $388,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $2,348,000 +2.8% $772 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $2,285,000 +107.7% $752 / Sq Ft
04/14/2017 04/14/17 Sold $1,100,000 0.0% $400 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $1,100,000 -- $400 / 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 $14,579 $2,225,000 $1,357,000 $868,000
2023 $14,398 $2,090,000 $1,281,000 $809,000
2022 $12,358 $2,302,000 $1,442,000 $860,000
2021 $11,143 $1,677,000 $1,187,000 $490,000
2020 $11,021 $1,391,000 $1,131,000 $260,000
2018 $9,689 $1,363,000 $902,000 $461,000
2017 $8,187 $1,116,000 $816,000 $300,000
2016 $7,622 $1,005,000 $746,000 $259,000
2015 $7,347 $911,000 $676,000 $235,000
2014 -- $839,000 $625,000 $214,000
2013 -- $966,000 $694,000 $272,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2047993

Northwest Multiple Listing Service (NWMLS)

APN: 302405-9159