$1,950,000
SOLD AUG 24, 2021
4 Beds
1 Bath
2,380 Sq Ft
0.45 Acres

Recently Sold

$819 Per Sq Ft

11% Above List Price

5 Days on Market

Highlights

  • Fruit Trees
  • Deck
  • Secluded Lot
  • Lakeridge Elementary School Rated A
  • Contemporary Architecture
  • Territorial View

About This Home

As of August 2021

Just updated mid-century home on the South End of MI sits on a nearly ½ acre and quiet lot at the end of a private lane. This 4-bed, 1.75-bath rambler with formal living and dining rooms, spacious kitchen and great family room with fireplace. A piece of MI history designed by Fred Bassetti & built by Theo Caldwell. Several wonderful outdoor spaces to relax and entertain. Recent updates include: new interior, exterior and deck paint, updated bathrooms with new quartz countertop in primary bath, new gas cooktop and more. Check out the extra bonus space in the garage that has a room already framed in. Lots of potential with this home and rare opportunity on Mercer Island! Close to schools, parks, beach areas and more!

Last Agent to Sell the Property

Caroline Loudenback

Coldwell Banker Danforth License #26375 Listed on: 07/15/2021

Coldwell Banker Danforth

Last Buyer's Agent

Lu Yao

Kelly Right RE of Seattle LLC License #126889

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1806208

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,564

Year Built

  • Built in 1963

Lot Details

  • Street terminates at a dead end
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 2524049157

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,564

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Contemporary
  • Approved Accessory Dwelling: Main
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, French Doors, Skylights, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2380
  • Square Footage Finished: 2380
  • Total Square Footage: 2380

Exterior Features

  • Exterior: Wood Products
  • Roof: Torch Down
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: Seattle Public Utilities
  • Water Heater: Exterior Closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS
  • Junior High: Buyer To Verify

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 19800
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Level, Wooded
  • Parcel Number: 2524049157
  • Lot Topography: Brush, Fruit Trees, Garden Space, Level, Wooded

Tax Info

  • Year: 2020
  • Tax Amount: 10050

MLS Schools

  • Elementary School: Buyer To Verify
  • Senior High: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 10, 2021
Sold by
Ma Zhixing
Bought by
Wang Guanming and Gu Yan
Seller's Agent
Caroline Loudenback
Coldwell Banker Danforth
Buyer's Agent
Lu Yao
Kelly Right RE of Seattle LLC
List Price
$1,750,000
Sold Price
$1,950,000
Premium/Discount to List
$200,000
11.43%
Current Estimated Value
$2,346,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,216
Avg. Annual Appreciation
4.27%
Original Mortgage
$1,365,000
Outstanding Balance
$1,254,521
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,045,484

Purchase Details

Listed on
Oct 25, 2016
Closed on
Dec 1, 2016
Sold by
Briant Brandy W O and Dightman Brett L
Bought by
Ma Zhixing
Seller's Agent
Chad Dierickx
Windermere West Metro
Buyer's Agent
Kahlil Mathews
Redfin
List Price
$1,095,000
Sold Price
$1,193,000
Premium/Discount to List
$98,000
8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$540,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2012
Sold by
Lee Abigail C
Bought by
Obriant Brandy W and Dightman Brett L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,431
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2002
Sold by
Lee Lester J
Bought by
Lee Abigail C

Purchase Details

Closed on
Aug 14, 1989
Sold by
Barclas Bank
Bought by
Lee Lester J and Lee Abigail C
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 Type Sale Price Title Company
Warranty Deed $1,950,000 Equity Title Of Wa Llc
Warranty Deed $1,193,000 Ticor National
Warranty Deed $625,000 Chicago Title
Interfamily Deed Transfer -- --
Warranty Deed $247,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,365,000 New Conventional
Previous Owner $503,000 No Value Available
Previous Owner $540,000 New Conventional
Previous Owner $122,750 Credit Line Revolving
Previous Owner $577,431 FHA
Previous Owner $273,155 New Conventional
Previous Owner $300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $1,950,000 +11.4% $819 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,750,000 +46.7% $735 / Sq Ft
12/06/2016 12/06/16 Sold $1,193,000 +8.9% $493 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $1,095,000 -- $452 / 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 $12,564 $1,917,000 $1,502,000 $415,000
2023 $12,369 $1,801,000 $1,417,000 $384,000
2022 $11,100 $2,015,000 $1,595,000 $420,000
2021 $10,656 $1,506,000 $1,313,000 $193,000
2020 $10,050 $1,330,000 $1,251,000 $79,000
2018 $9,750 $1,244,000 $1,047,000 $197,000
2017 $7,919 $1,123,000 $947,000 $176,000
2016 $7,372 $972,000 $866,000 $106,000
2015 $7,102 $881,000 $784,000 $97,000
2014 -- $811,000 $725,000 $86,000
2013 -- $764,000 $633,000 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1806208

Northwest Multiple Listing Service (NWMLS)

APN: 252404-9157