Listed by Coldwell Banker Bain, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $3,560,101 - $3,996,000

4 Beds
2 Baths
2,150 Sq Ft
$1,740/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $760,000 $353 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $21,874/month

About This Home

As of May 2014

Fabulous opportunity to build your dream home or possible subdivide for 2 building sites. Your choice, 17,140 SF Lot, zoned R8.4. Solid 2150 SF home built 1947, Home is being sold as is. Access to walk property and home with appointment. Value in the land. Located in quite neighborhood.

Last Agent to Sell the Property

Becky Nadesan

Coldwell Banker Bain License #73944 Listed on: 04/01/2014

Coldwell Banker Bain

Last Buyer's Agent

Scott MacRae

John L. Scott, Inc. License #1127140

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM612961

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$19,814

Year Built

1947

Lot Details

0

Listing Details

  • Condition: Fair
  • Sq Ft Finished: 2150
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Basement: Daylight
  • Features: 2nd Kitchen, Dining Room
  • Fireplaces: 2
  • Floor: Wall to Wall Carpet
  • Water Heater Location: Work Room-Electric

Exterior Features

  • Roof: Composition
  • Exterior: Cement/Concrete
  • Foundation: Concrete Block, Poured Concrete
  • Lot Details: Value In Land
  • Roof: Composition
  • Site Features: Cable TV, Deck, Natural Gas Available, High Speed Internet
  • Lot Topography: Level

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 2

Utilities

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Heat Pump
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Schools

  • School District: MIS
  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2017
Sold by
Millad Development Llc
Bought by
Koneru Dheeraj
Current Estimated Value
$3,740,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 23, 2014
Sold by
Henning Mark S and Henning Margaret
Bought by
Millad Development Llc
Seller's Agent
Becky Nadesan
Coldwell Banker Bain
Buyer's Agent
Scott MacRae
John L. Scott, Inc.
List Price
$695,000
Sold Price
$760,000
Premium/Discount to List
$65,000
9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.95%

Purchase Details

Closed on
Nov 15, 1985
Sold by
Henning Melvin E and Henning Eva L
Bought by
Henning Mark S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Koneru Dheeraj -- Chicago Title
Koneru Dheeraj $2,200,000 Chicago Title
Millad Development Llc $760,000 Chicago Title
Henning Mark S $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koneru Dheeraj $1,760,000
Previous Owner Millad Development Llc $1,906,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $760,000 +9.4% $353 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $695,000 -- $323 / 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 $19,814 $3,025,000 $1,010,000 $2,015,000
2023 $19,564 $2,841,000 $953,000 $1,888,000
2022 $17,494 $3,177,000 $1,072,000 $2,105,000
2021 $16,790 $2,375,000 $883,000 $1,492,000
2020 $17,951 $2,097,000 $841,000 $1,256,000
2018 $17,415 $2,224,000 $649,000 $1,575,000
2017 $15,206 $2,007,000 $587,000 $1,420,000
2016 $2,752 $1,868,000 $537,000 $1,331,000
2015 $5,511 $328,000 $328,000 $0
2014 -- $629,000 $600,000 $29,000
2013 -- $623,000 $577,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM612961

Northwest Multiple Listing Service (NWMLS)

APN: 258190-0295