NOT LISTED FOR SALE

Estimated Value: $3,505,000 - $3,675,000

5 Beds
5 Baths
4,183 Sq Ft
$862/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $2,600,000 $622 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $21,895/month

1 Day on Market

Highlights

  • Lake View
  • Deck
  • Modern Architecture
  • Lakeridge Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of November 2015

Barcelo Homes proudly presents this thoughtfully designed modern home at the south end of Mercer Island. Attention to detail and open spaces include a great room complete with expansive Kitchen Island with quartz countertops that opens to the dining and living area to create seamless entertaining spaces. With over 4100 sq ft this 5 bedroom and 5 ½ bath home has high ceilings, a warm modern palette, 3 car garage, hardwood floors as well as radiant concrete floors.

Last Agent to Sell the Property

Robyn Kimura-Hsu

Realogics Sotheby's Int'l Rlty License #72569 Listed on: 11/19/2015

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Michael David

Real Residential License #93735

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM871893

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,842

Year Built

  • Built in 2015

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot

Parking

  • Attached Garage

Property Views

  • Lake
  • Territorial
  • Limited

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Wood Composite

Interior Spaces

  • 5 Bathrooms
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 2581900110

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,842

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Architecture: Modern
  • New Construction: Under Construction
  • Homebuilder: Barcelo Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, French Doors, Walk-In Closet
  • Floor Covering: Concrete, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 4.25
  • Bathrooms Main: Upper
  • Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 5
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4183
  • Square Footage Finished: 4183

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Flat
  • View: Lake, Partial, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Tankless Water Heater
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • Elementary School: Lakeridge Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street
  • Lot Sq Ft: 10505
  • Lot Topography Vegetation: Level
  • Parcel Number: 2581900110
  • Lot Topography: Level

Tax Info

  • Tax Amount: 5923

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Nov 14, 2015
Sold by
Barcelo Homes Inc
Bought by
Petersen Mark and Petersen Colleen
Seller's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Michael David
Real Residential
List Price
$2,600,000
Sold Price
$2,600,000
Total Days on Market
1
Current Estimated Value
$3,604,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,004,733
Avg. Annual Appreciation
3.90%
Original Mortgage
$1,690,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2014
Sold by
Island Developers Llc
Bought by
Barcelo Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2007
Sold by
Dues Donna L
Bought by
Island Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 22, 2002
Sold by
Dues Donna L
Bought by
Dues Donna L
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
Petersen Mark $2,600,000 Old Republic T
Barcelo Homes Inc $1,060,000 Old Republic T
Island Developers Llc $1,200,000 Transnation Ti
Dues Donna L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Mark $1,430,000
Closed Petersen Mark $1,690,000
Previous Owner Barcelo Homes Inc $1,315,000
Previous Owner Barcelo Homes Inc $285,000
Previous Owner Barcelo Homes Inc $1,570,000
Previous Owner Barcelo Homes Inc $860,000
Previous Owner Island Developers Llc $900,000
Previous Owner William C Dues Credit Trust $250,000
Previous Owner Dues Donna L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $2,600,000 0.0% $622 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $2,600,000 -- $622 / 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 $20,842 $3,182,000 $1,102,000 $2,080,000
2023 $20,508 $2,989,000 $1,040,000 $1,949,000
2022 $18,407 $3,343,000 $1,170,000 $2,173,000
2021 $17,670 $2,499,000 $963,000 $1,536,000
2020 $20,129 $2,207,000 $918,000 $1,289,000
2018 $19,522 $2,494,000 $722,000 $1,772,000
2017 $16,312 $2,250,000 $653,000 $1,597,000
2016 $6,947 $2,004,000 $597,000 $1,407,000
2015 $6,962 $830,200 $407,200 $423,000
2014 -- $795,000 $750,000 $45,000
2013 -- $715,000 $654,000 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM871893

Northwest Multiple Listing Service (NWMLS)

APN: 258190-0110