NOT LISTED FOR SALE

Estimated Value: $3,484,000 - $4,377,000

5 Beds
5.5 Baths
5,750 Sq Ft
$686/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $3,026,000 $526 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $23,781/month

14 Days on Market

Highlights

  • Wine Cellar
  • Newly Remodeled
  • Two Primary Bedrooms
  • Lakeridge Elementary School Rated A
  • Sauna
  • Lake View

About This Home

As of August 2021

This luxurious Mercer Island beauty features 4 suites w/private baths upstairs & 5th bedroom w/adjacent full bath downstairs. Living room, family room, & two sitting rooms offer space aplenty PLUS work from home in wonderful den w/private balcony. Wet bar downstairs adjacent to the wine cellar. INCREDIBLE master suite w/en suite & closet you have to see to believe. Top of the line Wolf & Subzero appliances in absolutely gorgeous kitchen. Heated floors keep your toes warm & compliment the full HVAC. Beautiful finishes, unique touches, & SO much storage throughout. Indoor/outdoor spaces including roll-up door, covered outdoor patio w/built in wet bar & BBQ, sport court, play structure, & flat grassy area in a fully fenced yard off alley.

Last Listed By

Wendy Klahr

Kelly Right RE of Seattle LLC License #25327 Listed on: 02/12/2021

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1730226

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,126

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.28 Acre Lot
  • East Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is in very good condition

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,750 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Wine Cellar
  • Dining Room
  • Sauna
  • Storm Windows
  • Finished Basement

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • Double Master Bedroom
  • Walk-In Closet

Parking

  • 4 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Sport Court
  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Lakeridge Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Central Air
  • Tankless Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • East Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2580700050

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,126

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2018
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 5750
  • SeniorExemption: false
  • EstimatedCompletionDate: 2021-02-01
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 1,146

Interior Features

  • Fireplaces: 4
  • Basement: Finished
  • Appliances: Dishwasher, Double Oven, Disposal, Range/Oven, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Carpet
  • Interior Amenities: Forced Air, Central A/C, High Efficiency - 90%+, Tankless Water Heater, Ceramic Tile, Wall to Wall Carpet, Second Primary Bedroom, Wine Cellar, Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Sauna, Walk-In Closet(s), Water Heater
  • Living Area: 5750
  • Bathrooms: 5.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 5750
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 4
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Range/Oven,Refrigerator
  • FireplacesLower: 1
  • FireplacesUpper: 2

Exterior Features

  • Roof: Flat
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement/Concrete, Stone, Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 204

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C,Forced Air,Radiant,Tankless Water Heater
  • PowerCompany: PSE
  • SewerCompany: Mercer Island
  • WaterCompany: 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: 2580700050
  • Topography: Level
  • Lot Size Acres: 0.2777
  • Lot Size Sq Ft: 12096
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jul 1, 2021
Sold by
Hdnw Inc
Bought by
Jiang Hao and Jiang Michelle S
Seller's Agent
Wendy Klahr
Kelly Right RE of Seattle LLC
Buyer's Agent
Le Jin
Skyline Properties, Inc.
List Price
$3,195,000
Sold Price
$3,026,000
Premium/Discount to List
-$169,000
-5.29%
Total Days on Market
14
Current Estimated Value
$3,941,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$915,722
Avg. Annual Appreciation
8.23%
Original Mortgage
$1,600,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2021
Sold by
Bt Property Investments Llc
Bought by
Dlg Inc and Dlg Inc

Purchase Details

Closed on
Dec 29, 2017
Sold by
Smith George A and Smith Delores Darby
Bought by
Bt Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,790
Interest Rate
3.95%

Purchase Details

Closed on
Sep 15, 2015
Sold by
Smith George A and Smith Delores Darby
Bought by
Smith Living Trust

Purchase Details

Closed on
Oct 17, 1984
Sold by
Richter Joachim and Richter Patricia A
Bought by
Smith George A and Delores Darby

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
Jiang Hao $3,026,000 Amrock Inc
Dlg Inc $313 None Listed On Document
Bt Property Investments Llc $880,000 Fidelity National Title
Smith Living Trust -- None Available
Smith George A $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jiang Hao $1,600,000
Previous Owner Bt Property Investments Llc $62,500
Previous Owner Rabinovitch John David $510,400
Previous Owner Bt Property Investments Llc $830,790
Previous Owner Bt Property Investments Llc $899,190
Previous Owner Bt Property Investments Llc $420,000
Previous Owner Bt Property Investments Llc $162,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $3,026,000 -5.3% $526 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $3,195,000 0.0% $556 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $3,195,000 -- $556 / 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 $23,126 $3,531,000 $1,083,000 $2,448,000
2023 $22,832 $3,316,000 $1,022,000 $2,294,000
2022 $20,416 $3,709,000 $1,150,000 $2,559,000
2021 $16,814 $2,772,000 $947,000 $1,825,000
2020 $15,401 $2,100,000 $902,000 $1,198,000
2018 $7,262 $1,366,000 $757,000 $609,000
2017 $6,235 $836,000 $685,000 $151,000
2016 $5,801 $765,000 $627,000 $138,000
2015 $5,616 $693,000 $568,000 $125,000
2014 -- $641,000 $525,000 $116,000
2013 -- $578,000 $577,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1730226

Northwest Multiple Listing Service (NWMLS)

APN: 258070-0050