Listed by Realogics Sotheby's Int'l Rlty, Bought with Kelly Right RE of Seattle LLC
$2,500,000
SOLD MAY 5, 2025
3 Beds
2.5 Baths
2,970 Sq Ft
9,630 Sq Ft Lot

Recently Sold

$842 Per Sq Ft

2 Days on Market

Highlights

  • Lake View
  • Deck
  • Engineered Wood Flooring
  • Lakeridge Elementary School Rated A
  • Property is near public transit
  • 2 Fireplaces

About This Home

As of May 2025

Fully remodeled Mercer Ridge stunner with sweeping Western views of Lake Washington, the Olympics + Downtown Seattle. Smart reverse floorplan puts living spaces up top to soak in the views—remodeled kitchen with quartzite counters and stainless appliances, formal dining, living room with fireplace + a spacious family room that opens to an entertaining deck. Downstairs, the primary suite offers dual walk-in closets, plus two more bedrooms, a bonus room with 2nd fireplace, and a sleek mud/laundry room. Wide-plank engineered hardwoods, new carpet, fresh paint, updated baths, and 750 SF garage. Prime South End location—just steps to Pioneer Park, top-rated schools, shopping, trails, beaches, and MICC. Style, space, and serious island lifestyle.

Last Agent to Sell the Property

Michele Schuler

Realogics Sotheby's Int'l Rlty License #22014412 Listed on: 04/03/2025

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Deepti Gupta

Kelly Right RE of Seattle LLC License #135005

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2346766

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,028

Year Built

  • Built in 1973

Lot Details

  • 9,630 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 2,970 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mercer Ridge Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 5452800080

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,028

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1973
  • Inclusions: Dishwasher(s),Garbage Disposal,LeasedEquipment,Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Mercer Ridge Add
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2970
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 13

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, See Remarks, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Water Heater
  • Living Area: 2970
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2970
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s)
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Tile
  • View: Lake, Mountain(s), See Remarks, Territorial
  • Lot Features: Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: West
  • Exterior Features: 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: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PUGET SOUND ENERGY
  • SewerCompany: CITY OF MERCER ISLAND
  • WaterCompany: CITY OF MERCER ISLAND
  • WaterHeaterLocation: GARAGE
  • WaterHeaterType: GAS
  • CableConnected: XFINITY
  • InternetConnected: XFINITY

Condo/Co-op/Association

  • Community Features: CCRs
  • 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: 5452800080
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2211
  • Lot Size Sq Ft: 9630
  • Zoning: R9.6
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Tax Records
  • ZoningJurisdiction: City
  • LotNumber: 16

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 12028

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
Apr 3, 2025
Closed on
Apr 30, 2025
Sold by
Peterson Marion and Peterson Preston James
Bought by
Prasad Jaideep and Krishnan Shobana
Seller's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Deepti Gupta
Kelly Right RE of Seattle LLC
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%
Total Days on Market
2
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$2,000,000
Outstanding Balance
$2,000,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$523,178

Purchase Details

Closed on
Sep 15, 2008
Sold by
The Peterson Family Trust
Bought by
Peterson James M and Peterson Marion

Purchase Details

Closed on
Nov 28, 1994
Sold by
Peterson James M and Peterson Marion
Bought by
Peterson James M and Peterson Marion

Purchase Details

Closed on
Sep 2, 1992
Sold by
Peterson James M and Peterson Marion
Bought by
Peterson Family Trust
Source: Public Records

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
Bargain Sale Deed $2,500,000 First American Title
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $2,500,000 +0.2% $842 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $2,495,000 -- $840 / 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 $12,027 $1,835,000 $1,321,000 $514,000
2023 $12,062 $1,757,000 $1,247,000 $510,000
2022 $10,827 $1,965,000 $1,403,000 $562,000
2021 $10,639 $1,469,000 $1,155,000 $314,000
2020 $9,939 $1,328,000 $1,100,000 $228,000
2018 $9,646 $1,231,000 $937,000 $294,000
2017 $8,423 $1,111,000 $848,000 $263,000
2016 $7,839 $1,034,000 $776,000 $258,000
2015 $7,556 $937,000 $703,000 $234,000
2014 -- $863,000 $650,000 $213,000
2013 -- $824,000 $594,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2346766

Northwest Multiple Listing Service (NWMLS)

APN: 545280-0080