NOT LISTED FOR SALE

Estimated Value: $2,291,000 - $3,018,000

4 Beds
4 Baths
4,010 Sq Ft
$698/Sq Ft Est. Value

Last Sold June 13, 2016

Last sale price $1,487,300 $371 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $16,700/month

24 Days on Market

Highlights

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

About This Home

As of June 2016

"We've never lived in a home so bright - we moved here for the lake and Rainier views, the natural atrium light was a surprise bonus". Start checking your list: big views, low maintenance yard, 3 car garage, 4 beds, new kitchen, quiet location... Watch the boats stream past or the clouds float over the mountain - daydreams welcome. Great energy with great flow in this practical butterfly floor plan. - its all here!

Last Agent to Sell the Property

Nancy LaVallee

Windermere Mercer Island License #50729 Listed on: 03/25/2016

Windermere Mercer Island

Last Buyer's Agent

Charlie Du

MY REALTY GROUP LLC License #98462

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM908485

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,998

Year Built

  • Built in 1990

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Tile Roof
  • Stucco

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 2 Fireplaces
  • Cable TV Available
  • Finished Basement

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 2579500101

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,998

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Solarium/Atrium, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.50
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4010
  • Square Footage Finished: 4010

Exterior Features

  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake, Mountain

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Radiant
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Garage-Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End
  • Project: Floods Lakeside

Schools

  • Elementary School: Lakeridge Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 14
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 10880
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 2579500101
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 10336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jun 1, 2016
Sold by
Vishnu Prakash and Prakash Madhavi
Bought by
Kong Xiao and Yang Xiaoman
Seller's Agent
Nancy LaVallee
Windermere Mercer Island
Buyer's Agent
Charlie Du
MY REALTY GROUP LLC
List Price
$1,550,000
Sold Price
$1,487,300
Premium/Discount to List
-$62,700
-4.05%
Current Estimated Value
$2,797,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,310,243
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,189,840
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 21, 2015
Sold by
Hwang Juin Jet and Hwang Chun Fang
Bought by
Vishnu Prakash and Prakash Madhavi
Seller's Agent
Peggy Watkins
Coldwell Banker Bain
Buyer's Agent
Vikram Deol
Real Broker LLC
List Price
$1,398,000
Sold Price
$1,387,000
Premium/Discount to List
-$11,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$1,109,600
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 1993
Sold by
Chase Manhattan Financial Serv
Bought by
Hwang Juin Jet and Chun Fang

Purchase Details

Closed on
Jan 29, 1993
Sold by
Sanderson John D and Sanderson Shawn E
Bought by
Chase Manhattan Financial Serv
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
Kong Xiao $1,487,300 Fidelity Natio
Vishnu Prakash $1,387,000 First American
Hwang Juin Jet $509,300 --
Chase Manhattan Financial Serv -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coin Matthew J $609,546
Closed Kong Xiao $745,000
Closed Kong Xiao $495,000
Closed Kong Xiao $1,189,840
Closed Kong Xiao $1,189,840
Previous Owner Vishnu Prakash $1,109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2016 06/13/16 Sold $1,487,300 -2.2% $371 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/19/2016 04/19/16 Price Changed $1,520,000 -1.9% $379 / Sq Ft
03/25/2016 03/25/16 For Sale $1,550,000 +11.8% $387 / Sq Ft
05/06/2015 05/06/15 Sold $1,387,000 -0.8% $346 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $1,398,000 -- $349 / 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 $14,998 $2,289,000 $1,056,000 $1,233,000
2023 $15,093 $2,191,000 $997,000 $1,194,000
2022 $13,499 $2,451,000 $1,122,000 $1,329,000
2021 $13,263 $1,832,000 $924,000 $908,000
2020 $12,915 $1,656,000 $880,000 $776,000
2018 $13,652 $1,600,000 $644,000 $956,000
2017 $11,530 $1,573,000 $685,000 $888,000
2016 $10,729 $1,416,000 $627,000 $789,000
2015 -- $1,283,000 $568,000 $715,000
2014 -- $1,181,000 $525,000 $656,000
2013 -- $1,057,000 $592,000 $465,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM908485

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0101