Listed by Better Properties - Metro, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

Estimated Value: $2,271,000 - $3,027,000

5 Beds
3.5 Baths
2,330 Sq Ft
$1,105/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $3,000,000 $1,288 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $14,532/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Lake View
  • Craftsman Architecture
  • West Mercer Elementary School Rated A
  • 0.63 Acre Lot
  • Fruit Trees

About This Home

As of September 2023

Great opportunity to build two dream homes on the specious 27655 lot! City of Mercer Island approved preliminary Short Plat for two houses. Builders only need to submit architectural plans for permits, then start to build! Rare large lot on First Hill with stunning views of Lake Washington, Bellevue, Cascade and Mt. Baker, plus private and quite dead-end street. Minutes away from I-90 and 405. Or buyer can do a major remold of the house with spacious front and back yard or build an ADU or mother-in law house at the South end of the lot.

Last Agent to Sell the Property

David Yeh

Better Properties - Metro License #21029167 Listed on: 09/05/2023

Better Properties - Metro

Last Buyer's Agent

Sarah Ford

Coldwell Banker Bain License #4324

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2158399

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,463

Year Built

  • Built in 1950

Lot Details

  • 0.63 Acre Lot
  • Street terminates at a dead end
  • West Facing Home
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Value in Land
  • Property is in good condition

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,330 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Slate Flooring
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • First Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5315100695

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,463

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1950
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2330
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 3
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Slate, Vinyl
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Ceiling Fan(s), Dining Room, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Fireplace
  • Living Area: 2330
  • Main Level Bedrooms: 3
  • Bathrooms: 3.5
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 2330
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s)
  • Lot Features: Dead End Street, Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: RV Parking, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Utility room
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • 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: 5315100695
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.6349
  • Lot Size Sq Ft: 27655
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: MLS

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10462.8

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Lloyd Margaret
Bought by
Margaret Lloyd Trust and Lloyd
Current Estimated Value
$2,573,860

Purchase Details

Listed on
Sep 5, 2023
Closed on
Sep 25, 2023
Sold by
7239 Llc
Bought by
Lloyd Margaret
Seller's Agent
David Yeh
Better Properties - Metro
Buyer's Agent
Sarah Ford
Coldwell Banker Bain
List Price
$3,000,000
Sold Price
$3,000,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.30%

Purchase Details

Closed on
May 15, 2009
Sold by
Yeh David H and Wang Qian
Bought by
7239 Llc

Purchase Details

Closed on
Nov 25, 2008
Sold by
Frothingham Donald M and Frothingham Ann V A
Bought by
Yeh David H and Wang Qian
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Margaret Lloyd Trust $313 None Listed On Document
Lloyd Margaret $3,000,000 Wfg National Title Company Of
7239 Llc -- None Available
Yeh David H $1,025,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $3,000,000 0.0% $1,288 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $3,000,000 -- $1,288 / 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 $10,627 $1,621,000 $1,290,000 $331,000
2023 $10,497 $1,523,000 $1,217,000 $306,000
2022 $9,393 $1,704,000 $1,370,000 $334,000
2021 $9,016 $1,274,000 $1,128,000 $146,000
2020 $10,500 $1,125,000 $1,075,000 $50,000
2018 $10,184 $1,300,000 $1,191,000 $109,000
2017 $8,602 $1,173,000 $1,077,000 $96,000
2016 $8,006 $1,056,000 $985,000 $71,000
2015 $7,714 $957,000 $892,000 $65,000
2014 -- $881,000 $825,000 $56,000
2013 -- $790,000 $732,000 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2158399

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0695