$4,800,000
SOLD AUG 21, 2019
5 Beds
5 Baths
5,490 Sq Ft
0.57 Acres

Recently Sold

$874 Per Sq Ft

8% Below List Price

45 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • Northwood Elementary School Rated A
  • Indoor Pool
  • Deck

About This Home

As of August 2019

Rare North End home with 82+ ft of waterfront is sited on half acre. This home is a shell and is ready for restoration and 900 sf addition. Plans/permits are ready for the new owner. Private gated drive leads to lush landscaping and water's edge cabana for summer gatherings. You will love the timeless Modern design that exudes sophistication with soaring ceilings. U shaped covered dock with deep water moorage. You will LOVE living in the coveted North Shore. Ready for your contractor.

Last Agent to Sell the Property

Linda Wagner

Windermere Real Estate/PSR Inc License #2139 Listed on: 06/10/2019

Windermere Real Estate/PSR Inc

Co-Listed By

Keith Nyberg

Windermere RE/MV Enumclaw License #1951

Last Buyer's Agent

Alice On

Wonderland Real Estate License #24226

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1469656

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,243

Year Built

  • Built in 1991

Lot Details

  • Low Bank Waterfront Property
  • Open Space
  • Gated Home
  • Partially Fenced Property
  • Secluded Lot
  • Terraced Lot
  • Sprinkler System
  • Drought Tolerant Landscaping

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Tile Roof
  • Stucco

Interior Spaces

  • 3 Fireplaces
  • Lake Views
  • Microwave
  • Dryer
  • Rough-In Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Indoor Pool
  • Docks
  • Deck
  • Patio
  • Gazebo

Community Details

  • North End Community

Listing and Financial Details

  • Assessor Parcel Number 5315100033

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,243

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Sauna, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dryer, Microwave
  • Bedrooms: 5.00
  • Lower Level Bedroom: 1
  • Bathrooms: 5.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 4
  • Total Half Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Roughed In
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5490
  • Square Footage Unfinished: 5440

Exterior Features

  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake
  • Waterfront: Bank-Low, Lake
  • Waterfront Frontage: 85
  • Pool: Indoor

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Heat Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Garage?-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: North End
  • Project: Mc Gilvras Island

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: See Attached Legal
  • Lot Details: Curbs, Drought Res Landscpe, Open Space, Paved Street, Secluded
  • Lot Sq Ft: 24754
  • Lot Topography Vegetation: Partial Slope, Terraces
  • Parcel Number: 5315100033
  • Zoning Code: Residential
  • Zoning Jurisdiction: City
  • Lot Topography: Partial Slope, Terraces

Tax Info

  • Tax Amount: 49179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Aug 15, 2019
Sold by
Politte Dan L
Bought by
Chan Ho Fung
Seller's Agent
Linda Wagner
Windermere Real Estate/PSR Inc
Buyer's Agent
Alice On
Wonderland Real Estate
List Price
$5,200,000
Sold Price
$4,800,000
Premium/Discount to List
-$400,000
-7.69%
Total Days on Market
45
Current Estimated Value
$7,053,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,253,576
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Aug 28, 2017
Closed on
Mar 22, 2018
Sold by
Aiza Rebecca and Adler Richard M
Bought by
Politte Dan L
Seller's Agent
Peter Truex
Windermere Real Estate Midtown
Buyer's Agent
Renee McGahan
COMPASS
List Price
$6,500,000
Sold Price
$4,300,000
Premium/Discount to List
-$2,200,000
-33.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$2,795,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 19, 1999
Sold by
Edmonds Joseph W and Edmonds Terry S
Bought by
Adler Karena and Richard M & Rebecca I Adler Trust
Source: Public Records

Similar Homes in Mercer Island, WA

  • 4419 Ferncroft Rd, Mercer Island, WA 98040

    $3,798,000

    • 5 Beds
    • 4.5 Baths
    • 5,371 Sq Ft
    • 4419 Ferncroft Rd
    • Mercer Island, WA

    Nestled in the Ferncroft Neighborhood, this custom-built home offers stunning lake views + seamless indoor-outdoor living. Designed for comfort & entertaining, it features soaring ceilings, open spaces, a chef’s kitchen, and abundant natural light with the perfect blend of formal & informal spaces. The Primary Suite boasts a sitting area, double-sided fireplace, and panoramic lake views. 3 add’l

    Michele Schuler Realogics Sotheby's Int'l Rlty

    Section Image
  • 6819 SE 32nd St, Mercer Island, WA 98040

    $3,795,000

    • 6 Beds
    • 4.5 Baths
    • 5,500 Sq Ft
    • 6819 SE 32nd St
    • Mercer Island, WA

    Spacious, light-filled and full of heart, this architect-designed home offers rare privacy, flexible living, and extraordinary entertaining space—inside and out. Tucked into a peaceful cul-de-sac with level parking for 20, the 6BR layout spans three floors, including a remodeled kitchen, spa-like primary suite with dual-sided fireplace, rooftop deck for stargazing and SeaFair viewing, and a

    Diane Tien Realogics Sotheby's Int'l Rlty

    Section Image
  • 6950 SE Maker St, Mercer Island, WA 98040

    $4,898,000

    • 4 Beds
    • 4.5 Baths
    • 3,936 Sq Ft
    • 6950 SE Maker St
    • Mercer Island, WA

    RKK Construction presents its newest offering in the highly sought-after First Hill neighborhood, showcasing sweeping western views of Lake Washington, Seward Park, & the Olympic Mountains. An innovative modern design embraces the essence of PNW living, w/a spectacular upper-level great room featuring walls of glass and expansive decks that blur the line between indoors & out. Enjoys sunny days

    Lori Holden John L. Scott, Inc.

    Section Image
  • 4032 W Mercer Way, Mercer Island, WA 98040

    $3,799,988

    • 6 Beds
    • 4 Baths
    • 4,492 Sq Ft
    • 4032 W Mercer Way
    • Mercer Island, WA

    Arrive home to a wonderfully imagined six bedroom residence found perfectly above the shores of Mercer Islands coveted west side. Constructed in 2002 & newly updated throughout. The heart of the 4,492sf home is the updated kitchen with lake views, centered around the massive slab island to the great room & out onto the entertainers patio & level yard. The primary suite enjoys inspiring views from

    Scott Richards Windermere Real Estate/East

    Section Image
  • 8456 SE 40th St, Mercer Island, WA 98040

    $3,980,000

    • 5 Beds
    • 4.5 Baths
    • 4,270 Sq Ft
    • 8456 SE 40th St
    • Mercer Island, WA

    Modern masterpiece on a large lot with no HOA, just a 2-minutes walk to Northwood Elementary. Open-concept design features a chef’s kitchen with gourmet island, solid wood European-style cabinets, and Wolf/Sub-Zero appliances. Formal living and dining rooms, private office, and covered patio with Infratech heaters and fireplace offer year-round comfort. Wide-plank European oak floors, Andersen

    Ka Ming Wong Kelly Right RE of Seattle LLC

    Section Image
  • 4161 86th Ave SE, Mercer Island, WA 98040

    $3,750,000

    • 6 Beds
    • 5.5 Baths
    • 5,090 Sq Ft
    • 4161 86th Ave SE
    • Mercer Island, WA

    Discover the perfect combination of luxury and functionality in a 2016 designer home. Featuring 5 elegant suites out of 6 bedrooms, a magnificent great room on the main level, and a versatile bonus room upstairs, this home offers comfort and style. Nestled near top-rated schools, the Boys & Girls Club, and just steps from the Mercer Island library, pool, and park, it’s in a premier location.

    Becky Nadesan Coldwell Banker Bain

    Section Image
  • 4405 88th Ave SE, Mercer Island, WA 98040

    $4,000,000

    • 5 Beds
    • 4 Baths
    • 4,340 Sq Ft
    • 4405 88th Ave SE
    • Mercer Island, WA

    Adam Leland Homes resale in the heart of Mercer Island. This warm & inviting 2020 home is completely turnkey and ready to enjoy summer in the Northwest. Stylish, light-filled spaces are complemented by white oak hardwoods, exposed beams & contemporary tile accents. The spacious eat-in kitchen was designed for gathering with access to the covered outdoor patio with fire pit & speakers. Desirable

    Tere Foster COMPASS

    Section Image
  • 5909 92nd Ave SE, Mercer Island, WA 98040

    $3,950,000

    • 6 Beds
    • 5.5 Baths
    • 5,530 Sq Ft
    • 5909 92nd Ave SE
    • Mercer Island, WA

    Experience elevated living in this stunning custom Mercer Island home, offering 5,530 sq ft of luxurious space. Thoughtfully designed with exceptional craftsmanship, this 6-bedroom, 5.5-bath residence features a grand entry, soaring ceilings, rich millwork, and and a chef’s kitchen featuring premium appliances. The expansive layout includes a showstopping primary suite, many ensuite bedrooms, a

    Alice On Wonderland Real Estate

    Section Image
  • 7088 94th Ave SE, Mercer Island, WA 98040

    $4,880,000

    • 6 Beds
    • 6.5 Baths
    • 6,660 Sq Ft
    • 7088 94th Ave SE
    • Mercer Island, WA

    Enhanced by views of Lake WA, Mt Rainier & vibrant sunrises, this light-filled estate offers easy living, working & entertaining. Main flr showcases an inviting living/dining rm, chef's kitchen, family rm, 2 offices & BR w/en suite. Upstairs, the luxurious primary features a shopper’s dream closet w/seating area, fireplace & balcony—plus 3 more BRs w/en suites. Lower level is ideal for hosting or

    Katie Penny Shea Coldwell Banker Bain

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,800,000 Chicago Title
Bargain Sale Deed $4,300,000 Old Republic Title Ltd
Warranty Deed $3,980,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,795,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $4,800,000 -4.0% $874 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/09/2019 07/09/19 Price Changed $4,999,000 -3.9% $911 / Sq Ft
07/08/2019 07/08/19 For Sale $5,200,000 +8.3% $947 / Sq Ft
07/08/2019 07/08/19 Off Market $4,800,000 -- --
06/10/2019 06/10/19 For Sale $5,200,000 +20.9% $947 / Sq Ft
04/30/2018 04/30/18 Sold $4,300,000 -33.8% $947 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
08/28/2017 08/28/17 For Sale $6,500,000 -- $1,432 / 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 $44,243 $6,758,000 $5,738,000 $1,020,000
2023 $43,685 $6,347,000 $5,414,000 $933,000
2022 $41,793 $7,596,000 $6,090,000 $1,506,000
2021 $40,114 $5,677,000 $5,013,000 $664,000
2020 $39,500 $5,013,000 $4,775,000 $238,000
2018 $54,804 $6,547,000 $4,459,000 $2,088,000
2017 $47,830 $6,319,000 $4,288,000 $2,031,000
2016 $44,483 $5,879,000 $3,920,000 $1,959,000
2015 $42,853 $5,324,000 $3,548,000 $1,776,000
2014 -- $4,901,000 $3,280,000 $1,621,000
2013 -- $4,701,000 $3,200,000 $1,501,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1469656

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0033