Listed by COMPASS, Bought with Essential Realty
$4,100,000
SOLD DEC 29, 2017
4 Beds
3 Baths
2,530 Sq Ft
1.15 Acres

Recently Sold

$1,621 Per Sq Ft

30% Below List Price

306 Days on Market

Highlights

  • Docks
  • RV Access or Parking
  • Wood Flooring
  • Island Park Elementary School Rated A
  • Lake View
  • 2 Fireplaces

About This Home

As of April 2021

INCREDIBLE NEW PRICE! Just reduced over $1M, over an acre of flat, sunny property on 173’ of waterfront. One of the few remaining original properties this size on Mercer Island- available for the first time in nearly 100 years. Recently upgraded dock. Love or level the mid-century rambler w/ vaulted ceilings, new roof & walls of windows. Stunning sunrises. Gentle drive w/ ample parking. The perfect canvas to create a dream estate & your once in a lifetime opportunity to own this legacy property.

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 02/10/2017

COMPASS

Last Buyer's Agent

Aaron Sun

Essential Realty License #26896

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1076200

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,598

Year Built

  • Built in 1955

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Value in Land

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • Garage
  • RV Access or Parking

Outdoor Features

  • Docks
  • Patio
  • Outbuilding

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 3024059153

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,598

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2350
  • Square Footage Finished: 2530

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • View: City, Lake, Mountain
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 173

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer

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, Value In Land
  • Lot Sq Ft: 50094
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 3024059153
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 38261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Apr 22, 2021
Sold by
Wwx2 Ltd Llc
Bought by
Koneru Dheeraj
Seller's Agent
Dien Le
Skyline Properties, Inc.
Buyer's Agent
Sarah Ford
Coldwell Banker Bain
List Price
$6,280,000
Sold Price
$6,200,000
Premium/Discount to List
-$80,000
-1.27%
Total Days on Market
306
Current Estimated Value
$6,661,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,970
Avg. Annual Appreciation
1.72%

Purchase Details

Listed on
Feb 10, 2017
Closed on
Dec 20, 2017
Sold by
Weiss John Douglas
Bought by
Wwx2 Limited Llc
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Aaron Sun
Essential Realty
List Price
$5,885,000
Sold Price
$4,100,000
Premium/Discount to List
-$1,785,000
-30.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%

Purchase Details

Closed on
Oct 1, 2010
Sold by
Quarles Margaret L and Weiss John Douglas
Bought by
Quarles Margaret L and Weiss John Douglas

Purchase Details

Closed on
Dec 19, 2003
Sold by
Quarles Margaret Engstrom and Quarles Kenneth R
Bought by
Quarles Margaret L and Quarles Kenneth R

Purchase Details

Closed on
Jun 19, 2003
Sold by
Quarles Margaret Engstrom
Bought by
Quarles Margaret Engstrom
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 $6,200,000 Chicago Title Company Of Wa
Warranty Deed $4,100,000 Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $6,200,000 -1.3% $2,451 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $6,280,000 +53.2% $2,482 / Sq Ft
12/29/2017 12/29/17 Sold $4,100,000 -6.8% $1,621 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
11/28/2017 11/28/17 Price Changed $4,400,000 -20.0% $1,739 / Sq Ft
08/11/2017 08/11/17 Price Changed $5,498,000 -3.3% $2,173 / Sq Ft
05/23/2017 05/23/17 Price Changed $5,688,000 -3.3% $2,248 / Sq Ft
02/10/2017 02/10/17 For Sale $5,885,000 -- $2,326 / 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 $67,598 $10,327,000 $6,093,000 $4,234,000
2023 $39,963 $5,806,000 $5,749,000 $57,000
2022 $43,566 $7,918,000 $6,467,000 $1,451,000
2021 $41,810 $5,918,000 $5,323,000 $595,000
2020 $44,749 $5,225,000 $5,070,000 $155,000
2018 $48,717 $5,820,000 $5,597,000 $223,000
2017 $41,137 $5,617,000 $5,382,000 $235,000
2016 $38,261 $5,056,000 $4,920,000 $136,000
2015 $36,857 $4,579,000 $4,453,000 $126,000
2014 -- $4,215,000 $4,116,000 $99,000
2013 -- $3,734,000 $3,491,000 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1076200

Northwest Multiple Listing Service (NWMLS)

APN: 302405-9153