NOT LISTED FOR SALE

Estimated Value: $3,182,000 - $7,864,000

4 Beds
4 Baths
4,360 Sq Ft
$1,374/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $3,462,500 $794 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $36,876/month

7 Days on Market

Highlights

  • Docks
  • Lake View
  • Contemporary Architecture
  • Lakeridge Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2017

Stunning, contemporary waterfront retreat. This immaculate home is move in ready! Manicured lawn leads to 68 feet of waterfront with a private dock facing the Seahawks training facility. 3 levels of beautiful outdoor living spaces in this Chaffey home including 2 covered waterproof decks and a lakefront patio that is perfect for entertaining. Epicurean kitchen with high end finishes and appliances. Private upper level master suite with stunning views.

Last Agent to Sell the Property

Brenda Charlston

Harris Realty License #47211 Listed on: 07/31/2017

Co-Listed By

Bonnie Martin

Harris Realty License #113671

Last Buyer's Agent

Joan Bayley

Windermere Real Estate/East License #38768

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1170432

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,420

Year Built

  • Built in 1985

Lot Details

  • Sloped Lot
  • Sprinkler System
  • Property is zoned R8.4

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 3 Fireplaces
  • Lake Views
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 2579500090

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,420

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Contemporary
  • Homebuilder: Bender Chaffey
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, 2nd Master Br, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Lower Level Bedroom: 3
  • Bathrooms: 3.50
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4360
  • Square Footage Finished: 4360

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Lake
  • Waterfront: Lake
  • Waterfront Frontage: 68

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: Puget Power
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Basement-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer
  • Project: FLOOD'S LAKESIDE TRACTS

Schools

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

Lot Info

  • Lot Number: 11
  • Lot Details: Paved Street
  • Lot Sq Ft: 17310
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 2579500090
  • Zoning Code: R8.4
  • Zoning Jurisdiction: City
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 22649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Aug 25, 2017
Sold by
Palm Nancy L and Nancy L Palm Revocable Trust
Bought by
Ingram Walter R and Ingram Elaine T
Seller's Agent
Brenda Charlston
Harris Realty
Buyer's Agent
Joan Bayley
Windermere Real Estate/East
List Price
$3,650,000
Sold Price
$3,462,500
Premium/Discount to List
-$187,500
-5.14%
Current Estimated Value
$5,991,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,529,268
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Mar 7, 2012
Sold by
Palm Nancy L
Bought by
Palm Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2012
Sold by
Palm Nancy L
Bought by
Palm Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2011
Sold by
Palm Nancy L
Bought by
Palm Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2011
Sold by
Palm Nancy L
Bought by
Palm Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2010
Sold by
Palm Nancy L
Bought by
Palm Nancy L

Purchase Details

Closed on
Dec 28, 2004
Sold by
Palm Nancy L
Bought by
Palm Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 7, 2004
Sold by
Palm Nancy L
Bought by
Palm Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 2004
Sold by
Palm Nancy L
Bought by
Palm Nancy L and Gerald A Palm Exemption Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 20, 1986
Sold by
Bender Chaffey Corp
Bought by
Palm Gerald A & Nancy L
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 Buyer Sale Price Title Company
Ingram Walter R $3,462,500 Chicago Title Company Of Wa
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- None Available
Palm Nancy L -- --
Palm Nancy L -- --
Palm Nancy L -- --
Palm Nancy L -- --
Palm Gerald A & Nancy L $632,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palm Nancy L $385,000
Previous Owner Palm Nancy L $391,000
Previous Owner Palm Nancy L $417,000
Previous Owner Palm Nancy L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $3,462,500 -5.1% $794 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $3,650,000 -- $837 / 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 $45,420 $6,938,000 $2,787,000 $4,151,000
2023 $44,848 $6,516,000 $2,630,000 $3,886,000
2022 $40,093 $7,287,000 $2,959,000 $4,328,000
2021 $36,491 $5,446,000 $2,436,000 $3,010,000
2020 $24,637 $5,089,000 $2,320,000 $2,769,000
2018 $26,823 $3,203,000 $1,820,000 $1,383,000
2017 $22,649 $3,092,000 $1,750,000 $1,342,000
2016 $21,070 $2,783,000 $1,600,000 $1,183,000
2015 $20,301 $2,521,000 $1,448,000 $1,073,000
2014 -- $2,321,000 $1,339,000 $982,000
2013 -- $2,264,000 $1,406,000 $858,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1170432

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0090