Listed by Windermere RE North, Inc., Bought with WeLakeside
NOT LISTED FOR SALE

Estimated Value: $2,443,000 - $3,124,000

4 Beds
3 Baths
2,550 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $2,265,500 $888 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $16,403/month

10 Days on Market

Highlights

  • Lake View
  • Deck
  • Vaulted Ceiling
  • West Mercer Elementary School Rated A
  • Contemporary Architecture
  • Engineered Wood Flooring

About This Home

As of November 2023

Mid-Century style with an extra dose of fun! Sweeping Lake, City & Mountain views provide ever-changing seasonal colors & spectacular shows during Seafair, 4th of July & New Years. Two large view decks + a dining deck offer ample space to entertain. Conveniently located First Hill Home sits at the end of a quiet street & its .37-acre lot has some nice surprises; a sports court, putting green, & a small studio (w/power). The lot is lush & quite secluded with frequent visits from deer & eagles. Years of updates include windows & trim, siding, membrane roof & skylights, garage doors, gutters, heat pump, gas conversion/deco oil tank, deck replacements, 200-amp sub panel w/generator, hardscape, studio, sports-court, putting green & fire pit.

Last Agent to Sell the Property

Melody Benton

Windermere RE North, Inc. License #49956 Listed on: 10/06/2023

Windermere RE North, Inc.

Last Buyer's Agent

Jiyu Zhang

WeLakeside License #136256

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2167967

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,739

Year Built

  • Built in 1961

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 126' x 130'
  • Street terminates at a dead end
  • East Facing Home
  • Brush Vegetation
  • Level Lot
  • Garden
  • Property is in good condition
  • Zoning described as R8.4

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,550 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Double Oven
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Sport Court
  • Deck
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25,26,27,28 / Block 1
  • Assessor Parcel Number 9359100125

Community Details

Overview

  • No Home Owners Association
  • First Hill Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,739

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1961
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: White & Nobel's First Addition
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 3030
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 633

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Split
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Hardwood, Stone, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Skylight(s), Vaulted Ceiling(s), Wired for Generator, Fireplace, Water Heater
  • Living Area: 2550
  • Main Level Bedrooms: 3
  • Bathrooms: 2.75
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 2550
  • SquareFootageUnfinished: 480
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: See Remarks
  • View: City, Lake, Mountain(s)
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Stone, Wood
  • Foundation Details: Post & Pillar, Slab
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Mechanical Room
  • WaterHeaterType: Gas
  • InternetConnected: Century Link

Condo/Co-op/Association

  • Community Features: Park
  • 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: 9359100125
  • Topography: Level,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.3704
  • Lot Size: 126' x 130'
  • Lot Size Sq Ft: 16135
  • Zoning Description: R8.4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Cable TV,Deck,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City
  • LotNumber: 25,26,27,28

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 16739

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Nov 16, 2023
Sold by
Otte Jeffery T and Otte Kym L
Bought by
Xia Fan and Zhang Jiyu
Seller's Agent
Melody Benton
Windermere RE North, Inc.
Buyer's Agent
Jiyu Zhang
WeLakeside
List Price
$2,300,000
Sold Price
$2,265,500
Premium/Discount to List
-$34,500
-1.5%
Views
23
Current Estimated Value
$2,713,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,644
Avg. Annual Appreciation
8.04%
Original Mortgage
$1,585,800
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jun 19, 2013
Sold by
Chang Alberto Y
Bought by
Otte Jeffery T and Otte Kym L
Seller's Agent
Becky Nadesan
Coldwell Banker Bain
Buyer's Agent
Melody Benton
Windermere RE North, Inc.
List Price
$810,000
Sold Price
$810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$648,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Hewitt David W
Bought by
Chang Alberto Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving
Source: Public Records

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
Xia Fan $2,265,500 Cw Title
Otte Jeffery T $810,000 Fidelity Natio
Chang Alberto Y $900,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xia Fan $1,579,600
Closed Xia Fan $1,585,800
Previous Owner Otte Jeffery T $674,900
Previous Owner Otte Jeffery T $200,000
Previous Owner Otte Jeff T $637,500
Previous Owner Otte Jeffery T $648,000
Previous Owner Chang Alberto Y $90,000
Previous Owner Chang Alberto Y $720,000
Previous Owner Hewitt David W $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $2,265,500 -1.5% $888 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $2,300,000 +184.0% $902 / Sq Ft
06/28/2013 06/28/13 Sold $810,000 0.0% $267 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $810,000 -- $267 / 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 $17,014 $2,597,000 $2,024,000 $573,000
2023 $16,799 $2,439,000 $1,910,000 $529,000
2022 $14,639 $2,728,000 $2,149,000 $579,000
2021 $14,055 $1,987,000 $1,769,000 $218,000
2020 $10,523 $1,755,000 $1,685,000 $70,000
2018 $10,210 $1,303,000 $1,047,000 $256,000
2017 $8,626 $1,176,000 $947,000 $229,000
2016 $8,023 $1,059,000 $866,000 $193,000
2015 $7,731 $959,000 $784,000 $175,000
2014 -- $883,000 $725,000 $158,000
2013 -- $757,000 $673,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2167967

Northwest Multiple Listing Service (NWMLS)

APN: 935910-0125