NOT LISTED FOR SALE

Estimated Value: $6,792,000 - $10,461,129

4 Beds
1 Bath
7,907 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold June 10, 2015

Last sale price $7,100,000 $898 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $52,817/month

54 Days on Market

Highlights

  • Docks
  • Bay View
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of June 2015

The Waterstone Estate on Mercer Island. Perfectly placed on the coveted North End, this residence redefines traditional style. Dressed in layers of Pennsylvania Bluestone, the rustic design embraces the luxury lifestyle. Fabulous gourmet kitchen, great room & dining create an inviting space for hosting gatherings. Walls of glass frame sweeping lake & city views. A soothing palette evocative of sky, water & earth. Rolling lawns lead to the private dock & casita. A timeless Northwest retreat.

Last Agent to Sell the Property

Tere Foster

COMPASS License #7690 Listed on: 03/03/2015

COMPASS

Last Buyer's Agent

Janice Cai

Windermere Bellevue Commons License #117062

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM749660

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,447

Year Built

  • Built in 2008

Lot Details

  • Sloped Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Bay
  • Lake
  • City
  • Territorial

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 5315100085

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,447

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Approved Accessory Dwelling: Lower
  • Homebuilder: DLH, Inc
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Hot Tub/Spa, Security System, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 2
  • Bathrooms: 3.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Upper
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 7907
  • Square Footage Finished: 7907

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Bay, City, Lake, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 58

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Radiant
  • 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: West Mercer Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 21780
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 5315100085
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 44225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2019
Sold by
Xu Kexin
Bought by
Blasko Lawrence J and Blasko Cynthia A
Total Days on Market
54
Current Estimated Value
$8,612,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 3, 2015
Closed on
Jun 2, 2015
Sold by
Waterstone Property Llc
Bought by
Xu Kexin
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Janice Cai
Windermere Bellevue Commons
List Price
$7,988,000
Sold Price
$7,100,000
Premium/Discount to List
-$888,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%

Purchase Details

Closed on
Jun 5, 2009
Sold by
Waiss Martin D and Waiss Nancy L
Bought by
Waterstone Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2006
Sold by
Spickard Stephen Maccoll
Bought by
Waiss Martin D and Waiss 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
$2,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1984
Sold by
Seattle Trust & Sav Bk $T
Bought by
Spickard Donald E $T
Source: Public Records

Similar Homes in Mercer Island, WA

  • 7254 N Mercer Way, Mercer Island, WA 98040

    $7,250,000

    • 5 Beds
    • 5.5 Baths
    • 5,100 Sq Ft
    • 7254 N Mercer Way
    • Mercer Island, WA

    A spotless and stunning new-construction home. Sited on the conveniently located north end with easy access to downtown Mercer Island, I-90, Bellevue and Seattle. Captivating lake and city views! Live exceptionally in this perfectly crafted masterpiece, featuring a great room concept with dramatic views which opens to an expansive deck with built-in barbeque and cooking station, two designer

    Patrick Moore Windermere Real Estate/East

    Section Image
  • 7226 N Mercer Way, Mercer Island, WA 98040

    $6,750,000

    • 3 Beds
    • 3.5 Baths
    • 4,583 Sq Ft
    • 7226 N Mercer Way
    • Mercer Island, WA

    An extraordinary statement of mid-century modern style with sweeping views of Lake Washington at this renovated waterfront designed by renowned architect Reid A. Morgan. Ideally placed on the north end, this lakefront residence features walls of glass framing water views from dawn to dusk. The two-story great room and outdoor living spaces offer a front-row seat to boaters, sunsets & the

    Tere Foster COMPASS

    Section Image
  • 8428 N Mercer Way, Mercer Island, WA 98040

    $8,980,000

    • 4 Beds
    • 5 Baths
    • 3,900 Sq Ft
    • 8428 N Mercer Way
    • Mercer Island, WA

    The epitome of waterfront living on Mercer Island's tranquil north shore. This rare rambler-style beach house offers a serene retreat with 4 bedrooms, including a primary suite boasting stunning views & 5-piece bath. The 85ft of private low-bank waterfront & sandy beach provide the perfect escape. Luther Burbank Park borders the west side, enhancing the natural beauty of the surroundings. Private

    Martin Ho Berkshire Hathaway HS NW

    Section Image
  • 4207 Holly Ln, Mercer Island, WA 98040

    $7,698,000

    • 5 Beds
    • 4.5 Baths
    • 6,347 Sq Ft
    • 4207 Holly Ln
    • Mercer Island, WA

    Lakeside resort-style living meets everyday luxury in this meticulously designed Westside home. Ultimate poolside privacy & sunsets from your lush estate-sized 1.6+ acre property. Summertime fun starts from your 75' deep water dock & private beach shared w/ only a few neighbors. Indoor & outdoor entertaining blend seamlessly through 3 sets of french doors & centers around the remodeled chefs

    Britt Wibmer Empirical Properties LLC

    Section Image
  • 7703 W Mercer Way, Mercer Island, WA 98040

    $6,998,000

    • 4 Beds
    • 3.5 Baths
    • 4,361 Sq Ft
    • 7703 W Mercer Way
    • Mercer Island, WA

    Olson Kundig design set upon the shores of Lake Washington. Light finds you in every space & the views are inescapable in your modern jewel-box home of glass, steel, wood & concrete, artfully reimagined by world renowned architect, Jim Olson, in 2008. Mt Rainier & the Olympics are your backdrop for all-day sun along 65' of coveted West-facing Mercer Island waterfront with new dock in 2017 & boat

    Nick Gerisilo John L. Scott, Inc

    Section Image
  • 8260 Avalon Dr, Mercer Island, WA 98040

    $9,890,000

    • 5 Beds
    • 6 Baths
    • 5,390 Sq Ft
    • 8260 Avalon Dr
    • Mercer Island, WA

    Experience superlative Northwest living in this sophisticated and joyous Mercer Island waterfront home. Delight in unobstructed stunning Mt. Rainier views from the private dock and airy and light five bedroom, five bath residence. This classic Cape Cod stunner offers soaring ceilings, hickory hardwood flooring throughout, a chef’s kitchen and three fireplaces. An unusually large, flat lawn and

    Robyn Kimura-Hsu Realogics Sotheby's Int'l Rlty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blasko Lawrence J $7,200,000 Chicago Title
Xu Kexin $7,100,000 Chicago Title
Waterstone Property Llc $5,950,000 Chicago Title
Waiss Martin D $2,850,000 Chicago Title
Spickard Donald E $T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blasko Lawrence J $5,400,000
Closed Blasko Lawrence J $5,400,000
Previous Owner Waterstone Property Llc $2,000,000
Previous Owner Waiss Martin D $4,875,000
Previous Owner Waiss Martin D $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2015 06/10/15 Sold $7,100,000 -11.1% $898 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $7,988,000 -- $1,010 / 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 $56,447 $8,623,000 $4,056,000 $4,567,000
2023 $55,731 $8,098,000 $3,827,000 $4,271,000
2022 $53,316 $9,691,000 $4,305,000 $5,386,000
2021 $51,169 $7,243,000 $3,544,000 $3,699,000
2020 $55,389 $6,395,000 $3,376,000 $3,019,000
2018 $57,258 $6,866,000 $3,154,000 $3,712,000
2017 $49,148 $6,602,000 $3,033,000 $3,569,000
2016 $45,720 $6,041,000 $2,773,000 $3,268,000
2015 $44,225 $5,472,000 $2,510,000 $2,962,000
2014 -- $5,058,000 $2,320,000 $2,738,000
2013 -- $5,000,000 $2,443,000 $2,557,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM749660

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0085