$885,000
SOLD DEC 3, 2014
3 Beds
4 Baths
2,640 Sq Ft
0.37 Acres

Recently Sold

$335 Per Sq Ft

11% Below List Price

192 Days on Market

About This Home

As of August 2021

Own your view! This spectacular lake/mountain David Waldron view home is sited for privacy with trees that can be trimmed to further enhance your view. A 2002 extensive remodel updated this home with a custom kitchen, gorgeous hardwood floors, spacious master suite, private office and lower level bonus. Floor to ceiling windows, skylights and sliding doors throughout bring in abundant light and the natural beauty of the outdoors. Easy access to south end shops, restaurants and the MI Beach Club.

Last Agent to Sell the Property

Julie Green

Realogics Sotheby's Int'l Rlty License #63760 Listed on: 04/12/2014

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Julie Green

Realogics Sotheby's Int'l Rlty License #63760 Listed on: 04/12/2014

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM619088

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$11,013

Year Built

1976

Lot Details

0

Listing Details

  • Condition: Remodeled
  • Sq Ft Finished: 2640
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Features: French Doors, Skylights, Walk-in Closet
  • Fireplaces: 2
  • Floor: Vinyl, Wall to Wall Carpet, Hardwood
  • Water Heater Location: garage-electric

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Natural Gas Available, High Speed Internet, Sprinkler System
  • View: Lake, Mountain
  • Lot Topography: Brush, Garden Space, Sloped, Terraces, Wooded

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Heating and Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Schools

  • School District: MIS
  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 10, 2021
Sold by
Lung Alan J and Lung Charlene E
Bought by
Wai Brandon C and Kang Yoon Jung
Seller's Agent
Joseph Lee
Coldwell Banker Bain
Buyer's Agent
Jennifer Sandmeyer
Windermere RE Magnolia
List Price
$1,788,000
Sold Price
$1,788,000
Current Estimated Value
$2,078,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,271
Avg. Annual Appreciation
3.88%
Original Mortgage
$1,430,400
Outstanding Balance
$1,314,628
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$763,643

Purchase Details

Listed on
Apr 12, 2014
Closed on
Nov 21, 2014
Sold by
Cereghino Leonard L
Bought by
Lung Alan J and Chung Charlene E
Seller's Agent
Julie Green
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Julie Green
Realogics Sotheby's Int'l Rlty
List Price
$989,000
Sold Price
$885,000
Premium/Discount to List
-$104,000
-10.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$450,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,788,000 Rainier Title
Warranty Deed $885,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Open $1,430,400 New Conventional
Previous Owner $450,000 Adjustable Rate Mortgage/ARM
Previous Owner $337,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $1,788,000 0.0% $677 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $1,788,000 +102.0% $677 / Sq Ft
12/03/2014 12/03/14 Sold $885,000 -6.6% $335 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
09/16/2014 09/16/14 Price Changed $948,000 -1.8% $359 / Sq Ft
08/04/2014 08/04/14 Price Changed $965,000 -2.4% $366 / Sq Ft
06/08/2014 06/08/14 For Sale $989,000 +11.8% $375 / Sq Ft
06/07/2014 06/07/14 Off Market $885,000 -- --
05/14/2014 05/14/14 Price Changed $989,000 -3.5% $375 / Sq Ft
04/12/2014 04/12/14 For Sale $1,025,000 -- $388 / 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 $11,013 $1,680,000 $1,227,000 $453,000
2023 $11,082 $1,608,000 $1,158,000 $450,000
2022 $9,915 $1,799,000 $1,303,000 $496,000
2021 $9,744 $1,345,000 $1,073,000 $272,000
2020 $10,247 $1,216,000 $1,022,000 $194,000
2018 $9,941 $1,269,000 $894,000 $375,000
2017 $8,398 $1,145,000 $809,000 $336,000
2016 $7,814 $1,031,000 $740,000 $291,000
2015 $7,443 $934,000 $670,000 $264,000
2014 -- $850,000 $620,000 $230,000
2013 -- $727,000 $608,000 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM619088

Northwest Multiple Listing Service (NWMLS)

APN: 258130-0055