NOT LISTED FOR SALE

Estimated Value: $3,784,059 - $4,193,000

5 Beds
6 Baths
5,670 Sq Ft
$709/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $3,500,000 $617 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $24,279/month

66 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Spa
  • Colonial Architecture
  • Lakeridge Elementary School Rated A
  • Lake View
  • Fruit Trees

About This Home

As of November 2022

Statuesque & proud, this brick clad home in the Lake Firs community waterfront neighborhood, hearkens to the days of grandeur & layered rich hand wrought details. A circular driveway etched by boxwood hedges. Formal living room & dining room with 4 sets of French doors opening to the al fresco patio & rose gardens. Verde slab granite wrapped kitchen backed by Wolfe & Subzero opens to both the family room & two story atrium. Upstairs yields 5 spacious bedrooms including the primary suite with separate sitting room & marble encased bath. Lower level with bonus & 3/4 bath. Stunning grounds with meandering lawn, hot tub & destination zones. Legacy built, treasured & magical.

Last Agent to Sell the Property

Allison Trull

Coldwell Banker Bain License #22955 Listed on: 08/05/2022

Coldwell Banker Bain

Co-Listed By

Lisa Boyd

Coldwell Banker Bain License #19748

Last Buyer's Agent

Mark Warren

John L Scott Westwood License #27799

John L Scott Westwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1979435

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,900

Year Built

  • Built in 1968

Lot Details

  • 0.46 Acre Lot
  • 30 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,670 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Solarium
  • Storm Windows
  • Finished Basement

Kitchen

  • Double Oven
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Smart Home Wiring
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Westside Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 4016900020

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,900

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1968
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Colonial
  • Building Name: Lake Firs
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5670
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 998

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Travertine, Carpet
  • Interior Amenities: Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Jetted Tub, Skylight(s), SMART Wired, Solarium/Atrium, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 5670
  • Bathrooms: 4.75
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 5670
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 3
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 2
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 5
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Brick, Stucco
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 30' community

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

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, Common Area Maintenance
  • HeatingCoolingType: Central A/C,Radiant
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • CableConnected: XFinity
  • InternetConnected: XFinity

Condo/Co-op/Association

  • Community Features: CCRs, Community Waterfront/Pvt Beach
  • 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: 4016900020
  • Topography: Level,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.4558
  • Lot Size Sq Ft: 19855
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Hot Tub/Spa,Patio
  • MLSLotSizeSource: KCAR
  • MLSSquareFootageSource: KCAR
  • ZoningJurisdiction: City
  • LotNumber: 2

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 18900

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Nov 3, 2022
Sold by
Seifert Michael T and Seifert Anne B
Bought by
Hsieh Investments Washington Lp
Seller's Agent
Allison Trull
Coldwell Banker Bain
Buyer's Agent
Mark Warren
John L Scott Westwood
List Price
$3,698,000
Sold Price
$3,500,000
Premium/Discount to List
-$198,000
-5.35%
Total Days on Market
66
Current Estimated Value
$4,018,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,265
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Jan 29, 1999
Sold by
United Trading Company
Bought by
Seifert Michael T and Seifert Anne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.73%

Purchase Details

Closed on
Sep 24, 1997
Sold by
Taylor Richard
Bought by
United Trading Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.45%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 15, 1997
Sold by
United Trading Company
Bought by
Taylor Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.45%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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
Hsieh Investments Washington Lp $3,500,000 Chicago Title
Seifert Michael T $605,000 --
United Trading Company -- Commonwealth Land Title Ins
Taylor Richard -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seifert Michael T $771,080
Previous Owner Seifert Michael T $795,000
Previous Owner Seifert Michael T $250,000
Previous Owner Seifert Michael T $852,500
Previous Owner Seifert Michael T $500,000
Previous Owner Seifert Michael T $340,000
Previous Owner Taylor Richard $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $3,500,000 -5.4% $617 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $3,698,000 -- $652 / 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 $21,961 $3,353,000 $1,605,000 $1,748,000
2023 $21,684 $3,149,000 $1,515,000 $1,634,000
2022 $18,900 $3,522,000 $1,705,000 $1,817,000
2021 $18,142 $2,566,000 $1,404,000 $1,162,000
2020 $18,109 $2,266,000 $1,338,000 $928,000
2018 $17,571 $2,244,000 $917,000 $1,327,000
2017 $14,840 $2,025,000 $830,000 $1,195,000
2016 $13,803 $1,823,000 $759,000 $1,064,000
2015 $13,299 $1,651,000 $687,000 $964,000
2014 -- $1,520,000 $635,000 $885,000
2013 -- $1,407,000 $732,000 $675,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1979435

Northwest Multiple Listing Service (NWMLS)

APN: 401690-0020