D
Seller's Agent in 2021
Dieter Kaetel
John L Scott
(206) 427-0863
1 in this area
3 Total Sales
7140 87th Ave SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $1,513,000 - $2,305,000
5
Beds
1
Bath
2,600
Sq Ft
$785/Sq Ft
Est. Value
Highlights
- Fruit Trees
- Contemporary Architecture
- Wood Flooring
- Lakeridge Elementary School Rated A
- Territorial View
- 4-minute walk to Wildwood Park
About This Home
As of June 2021Great Opportunity to customize this Spacious Contemporary mid -1960s home to your desires. Functional/traditional floor plan ( see floor plan sketches ) - Likely Hardwood floors in Living Room and Bedrooms. Huge garden area for play and entertaining - includes sports court. Area features lots of parks and trails - Country living close to urban areas! Fireplaces w/gas starters. Pre-Inspection, Sewer scope report available upon request. Home will be sold "As-Is" with no further updates/repairs. Short distance to community shopping and country club ( Per MICC Memberships are available for purchase ). 7 Min. Drive to Main Business District, Shopping, Freeway, Bus, Light-Rail coming - 15 minute drive to Seattle/Bellevue/Eastside.
Last Agent to Sell the Property
John L. Scott, Inc. License #3896 Listed on: 05/25/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1779932
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,575
Year Built
- Built in 1966
Lot Details
- Property is Fully Fenced
- Level Lot
- Fruit Trees
- Garden
- Property is zoned R9.6
Parking
- Attached Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 2 Fireplaces
- Territorial Views
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl
Community Details
- Mercer Island Estates Community
Listing and Financial Details
- Assessor Parcel Number 5451100540
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2021
Closed on
Jun 23, 2021
Sold by
Cowan Patricia A
Bought by
Armitage David and Willems Ellen
Seller's Agent
Dieter Kaetel
John L. Scott, Inc.
Buyer's Agent
Sarah Ford
Coldwell Banker Bain
List Price
$1,225,000
Sold Price
$1,550,000
Premium/Discount to List
$325,000
26.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,520
Avg. Annual Appreciation
6.56%
Original Mortgage
$1,240,000
Outstanding Balance
$1,137,231
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$867,671
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Armitage David | $1,550,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Armitage David | $288,800 | |
| Open | Armitage David | $1,240,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2021 06/29/21 | Sold | $1,550,000 | +26.5% | $596 / Sq Ft |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- |
| 05/25/2021 05/25/21 | For Sale | $1,225,000 | -- | $471 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $10,575 | $1,613,000 | $1,200,000 | $413,000 |
| 2023 | $10,408 | $1,515,000 | $1,133,000 | $382,000 |
| 2022 | $9,341 | $1,695,000 | $1,275,000 | $420,000 |
| 2021 | $8,968 | $1,267,000 | $1,050,000 | $217,000 |
| 2020 | $9,039 | $1,119,000 | $1,000,000 | $119,000 |
| 2018 | $8,770 | $1,119,000 | $867,000 | $252,000 |
| 2017 | $7,406 | $1,010,000 | $784,000 | $226,000 |
| 2016 | $6,895 | $909,000 | $717,000 | $192,000 |
| 2015 | $6,647 | $824,000 | $649,000 | $175,000 |
| 2014 | -- | $759,000 | $600,000 | $159,000 |
| 2013 | -- | $657,000 | $515,000 | $142,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dieter Kaetel
-
Sarah Ford
Buyer's Agent in 2021
Sarah Ford
Coldwell Banker Bain
(206) 854-7702
1 in this area
82 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1779932
APN: 545110-0540
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Based on information submitted to the MLS GRID
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