Listed by John L. Scott, Inc., Bought with Sound Asset Partners LLC
NOT LISTED FOR SALE

Estimated Value: $1,790,846 - $1,960,000

4 Beds
2 Baths
1,840 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $830,000 $451 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $11,094/month

5 Days on Market

Highlights

  • Fruit Trees
  • Deck
  • Wood Flooring
  • Lakeridge Elementary School Rated A
  • Traditional Architecture
  • 2 Fireplaces

About This Home

As of July 2015

Opportunity knocks! A rare “affordable” home on Mercer Island. Ideal location to parks, shopping and dining on the South end. Minutes to the elementary and middle schools. New roof, refurbished hardwoods and newer exterior paint. A 10,400 square foot flat lot offers a wide array of opportunities, whether you enjoy creative landscaping or a builder with an inspired idea for a new floor plan. Move in, update, or rebuild...being sold “as is”. Special financing is avail thru SIRVA Mortgage, INC

Last Agent to Sell the Property

Debbie Lynn Hunt

John L. Scott, Inc. License #5865 Listed on: 05/29/2015

John L. Scott, Inc.

Last Buyer's Agent

Steve Sit

Sound Asset Partners LLC License #11118

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM793470

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,770

Year Built

  • Built in 1962

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden
  • Value in Land

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 8732300020

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,770

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Upper
  • Family Room: Lower
  • Kitchen: Upper
  • Living Room: Upper
  • Estimated Sq Ft: 1840
  • Square Footage Finished: 1840

Exterior Features

  • Exterior: Wood
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer
  • Water Company: City of Mercer
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End
  • Project: Twin View 02

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Lot Number: 2
  • Lot Details: Paved Street, Value In Land
  • Lot Sq Ft: 10400
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 8732300020
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 5541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Jun 19, 2015
Sold by
Sirva Relocation Properties Llc
Bought by
Wang Wijun and Dong Guigin
Seller's Agent
Debbie Lynn Hunt
John L. Scott, Inc.
Buyer's Agent
Steve Sit
Sound Asset Partners LLC
List Price
$799,900
Sold Price
$830,000
Premium/Discount to List
$30,100
3.76%
Current Estimated Value
$1,877,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,047,551
Avg. Annual Appreciation
7.81%
Original Mortgage
$664,000
Outstanding Balance
$510,883
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,261,317

Purchase Details

Listed on
May 29, 2015
Closed on
Jun 15, 2015
Sold by
Lim Ai Ching and Spotts James S
Bought by
Sirva Relocation Properties Llc
Seller's Agent
Debbie Lynn Hunt
John L. Scott, Inc.
Buyer's Agent
Steve Sit
Sound Asset Partners LLC
List Price
$799,900
Sold Price
$830,000
Premium/Discount to List
$30,100
3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Outstanding Balance
$510,883
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,261,317

Purchase Details

Closed on
Jun 8, 2005
Sold by
Whipple John and Whipple Danielle
Bought by
Spotts James M and Lim Ai Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 16, 2001
Sold by
Whipple John
Bought by
Whipple John and Whipple Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.5%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Backes Michael A and Backes Susan E
Bought by
Whipple John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.5%

Purchase Details

Closed on
Jun 29, 1998
Sold by
Scalzo William G
Bought by
Backes Michael A and Backes Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
6.15%
Source: Public Records

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
Wang Wijun $830,000 Stewart Title
Sirva Relocation Properties Llc $830,000 Stewart Title
Spotts James M $700,000 Chicago Title
Whipple John -- First American Title Ins Co
Whipple John $485,000 Transnation Title Insurance
Backes Michael A $331,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Wijun $664,000
Closed Sirva Relocation Properties Llc $664,000
Previous Owner Lim Ai Ching $256,500
Previous Owner Lim Ai Ching $284,000
Previous Owner Spotts James M $300,000
Previous Owner Whipple John $350,000
Previous Owner Whipple John $350,000
Previous Owner Backes Michael A $266,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2015 07/08/15 Sold $830,000 +3.8% $451 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $799,900 -- $435 / 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 $9,770 $1,490,000 $1,157,000 $333,000
2023 $9,617 $1,400,000 $1,092,000 $308,000
2022 $8,635 $1,566,000 $1,229,000 $337,000
2021 $8,288 $1,171,000 $1,012,000 $159,000
2020 $7,863 $1,034,000 $964,000 $70,000
2018 $7,626 $973,000 $867,000 $106,000
2017 $6,446 $878,000 $784,000 $94,000
2016 $6,002 $791,000 $717,000 $74,000
2015 -- $717,000 $649,000 $68,000
2014 -- $660,000 $600,000 $60,000
2013 -- $606,000 $534,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM793470

Northwest Multiple Listing Service (NWMLS)

APN: 873230-0020