NOT LISTED FOR SALE

Estimated Value: $1,823,000 - $2,114,000

4 Beds
2.5 Baths
2,090 Sq Ft
$940/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $1,137,500 $544 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $11,655/month

23 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Wood Flooring
  • Island Park Elementary School Rated A
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

As of August 2018

Room to Grow! This 4 bedroom home sits on a large level lot with a fenced back yard and a circular driveway providing easy access. Hardwood floors throughout the living room, dining room and the kitchen which has an eating space that provides access to the back yard. Large recreation room provides the flex space you need and the garage provides lots of storage space. Newer roof, furnace and water heater are just some of the maintenance items recently addressed.

Last Agent to Sell the Property

Tim Conway

John L. Scott, Inc. License #5506 Listed on: 07/06/2018

John L. Scott, Inc.

Last Buyer's Agent

Vincent Chen

Sagareus Real Estate License #126766

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1316540

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,556

Year Built

  • Built in 1975

Lot Details

  • 0.26 Acre Lot
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Drought Tolerant Landscaping
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • 3-Story Property
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,090 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dining Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Mercer Ridge Subdivision

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 5452800605

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,556

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 13 - Tri-Level
  • Year Built: 1975
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Mercer Ridge
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 2090
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,222

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Appliances: Dishwasher_, Dryer, GarbageDisposal_, RangeOven_, Refrigerator_, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet, Bath Off Primary, Dining Room, Vaulted Ceiling(s), FirePlace, Water Heater
  • Living Area: 2090
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 2090
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Drought Res Landscape, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • BusRouteNumber: 201

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • 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

Schools

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

Lot Info

  • Parcel Number: 5452800605
  • Topography: Level
  • Lot Size Acres: 0.2617
  • Lot Size Sq Ft: 11401
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dog Run,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 121

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2018
  • Tax Annual Amount: 7556

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 17, 2018
Sold by
Mitchell Richard E
Bought by
Zheng Mi and Zhonghuan Sun
Seller's Agent
Tim Conway
John L. Scott, Inc.
Buyer's Agent
Vincent Chen
Sagareus Real Estate
List Price
$1,190,000
Sold Price
$1,137,500
Premium/Discount to List
-$52,500
-4.41%
Current Estimated Value
$1,964,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$827,491
Avg. Annual Appreciation
8.28%
Original Mortgage
$902,958
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 9, 2004
Sold by
Mitchell Dawn Ree
Bought by
Mitchell Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1998
Sold by
Oxley James H and Oxley Elizabeth A
Bought by
Shetty Sudha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,080
Interest Rate
6.37%
Source: Public Records

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
Zheng Mi $1,137,500 Fidelity National Title
Mitchell Richard E -- Transnation Ti
Mitchell Richard E $540,000 Transnation Ti
Shetty Sudha $355,100 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mi Zheng $873,496
Closed Mi Zheng $894,000
Closed Zheng Mi $902,958
Previous Owner Mitchell Richard E $400,000
Previous Owner Mitchell Richard E $60,000
Previous Owner Mitchell Richard E $555,000
Previous Owner Mitchell Richard E $558,800
Previous Owner Mitchell Richard E $170,000
Previous Owner Mitchell Richard E $414,000
Previous Owner Mitchell Richard E $545,000
Previous Owner Mitchell Richard E $430,200
Previous Owner Mitchell Richard E $432,000
Previous Owner Shetty Sudha $284,080
Closed Mitchell Richard E $53,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $1,137,500 -4.4% $544 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $1,190,000 -- $569 / 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 $9,626 $1,468,000 $1,182,000 $286,000
2023 $9,685 $1,405,000 $1,116,000 $289,000
2022 $8,664 $1,572,000 $1,256,000 $316,000
2021 $8,688 $1,175,000 $1,034,000 $141,000
2020 $8,431 $1,084,000 $985,000 $99,000
2018 $7,556 $1,044,000 $830,000 $214,000
2017 $6,601 $870,000 $751,000 $119,000
2016 $6,144 $810,000 $687,000 $123,000
2015 $5,922 $734,000 $622,000 $112,000
2014 -- $676,000 $575,000 $101,000
2013 -- $578,000 $495,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1316540

Northwest Multiple Listing Service (NWMLS)

APN: 545280-0605