NOT LISTED FOR SALE

Estimated Value: $5,430,000 - $8,464,000

4 Beds
4 Baths
5,180 Sq Ft
$1,421/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $4,985,000 $962 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $45,110/month

58 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Docks
  • Wine Cellar
  • Northwood Elementary School Rated A
  • Second Kitchen
  • 5-minute walk to Greta Hackett Outdoor Sculpture Gallery

About This Home

As of August 2013

Delightful, Charming Cape Cod with additional rambler on separate tax lot. Gated entry to main home and small cottage. Originally built in 1918 yet renovated to today's standards with vaulted ceilings, hardwood floors, fir ceilings and more. Exterior decking and patios offer opportunities for entertaining with outdoor fireplace, built-in grill, covered and heated seating, hot tub and terraces leading to the large lawn with play for all. Walk-in beach and dock complete the exterior features.

Last Listed By

Jennie Banks

COMPASS License #107937 Listed on: 05/20/2013

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 489885

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,964

Year Built

  • Built in 2000

Lot Details

  • 0.69 Acre Lot
  • 60 Feet of Waterfront
  • Lake Front
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition
  • Zoning described as R15

Parking

  • 4 Car Attached Garage
  • Detached Carport Space

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Shake Roof
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 5,180 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • French Doors
  • Wine Cellar
  • Dining Room
  • Loft
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Second Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Accessible Home Design

  • Disabled Access

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Gazebo
  • Outbuilding

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • High Efficiency Heating System
  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • North End Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Assessor Parcel Number 5315100117

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,964

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Accessibility Features: Other
  • Year Built: 2000
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,TrashCompactor,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cape Cod
  • Building Name: McGilvras
  • Unit Levels: Two
  • CalculatedSquareFootage: 5180
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 614

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Slate
  • Interior Amenities: Central A/C, Forced Air, Ceramic Tile, Hardwood, Second Kitchen, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Disabled Access, French Doors, High Tech Cabling, Hot Tub/Spa, Loft, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wine Cellar, Wired for Generator, Fireplace, Water Heater
  • Living Area: 5180
  • Main Level Bedrooms: 2
  • Bathrooms: 3.5
  • BathsFullMain: 2
  • SquareFootageFinished: 5180
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BedroomsLower: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Trash Compactor,Washer

Exterior Features

  • Roof: Cedar Shake, Composition
  • View: City, Lake, Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 60

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Attached Garage
  • Total Parking Spaces: 4

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 5315100117
  • Topography: Level,PartialSlope,Terraces
  • Lot Size Acres: 0.6878
  • Lot Size Sq Ft: 29959
  • Zoning Description: R15
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Disabled Access,Dock,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Hot Tub/Spa,Moorage,Outbuildings,Sprinkler System
  • MLSSquareFootageSource: KCTX
  • ZoningJurisdiction: City
  • LotNumber: 7

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2012
  • Tax Annual Amount: 35964

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Althoff Judson B and Althoff Laura J
Bought by
7436 Nmw Llc
Total Days on Market
58
Current Estimated Value
$7,360,603

Purchase Details

Listed on
May 20, 2013
Closed on
Aug 13, 2013
Sold by
Wilke Jeffrey Allan
Bought by
Althoff Laura J and Althoff Judson B
Buyer's Agent
Beth Fiorda
Realogics Sotheby's Int'l Rlty
List Price
$4,985,000
Sold Price
$4,985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$4,485,000
Interest Rate
4.28%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 16, 2006
Sold by
Wilke Liesl D
Bought by
Wilke Liesl Dale and Liesl Dale Wilke Residence Trust

Purchase Details

Closed on
Sep 1, 2006
Sold by
Wilke Jeffrey A
Bought by
Wilke Jeffrey Allan and Jeffrey Allan Wilke Residence Trust

Purchase Details

Closed on
Aug 14, 2006
Sold by
Wilke Jeffrey A and Wilke Liesl D
Bought by
Wilke Jeffrey A and Wilke Liesl D

Purchase Details

Closed on
Jun 4, 2003
Sold by
Mcdade Mark D and Mcdade Kristina M
Bought by
Perkins Coie Fiduciary Services Pc and Three Rivers Trust

Purchase Details

Closed on
Dec 14, 1994
Sold by
Uhlir Jane K and Smith Donald C
Bought by
Mcdade Mark D and Mcdade Kristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
9.1%

Purchase Details

Closed on
Aug 24, 1993
Sold by
Smith Donald C
Bought by
Uhlir Jane K

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
7436 Nmw Llc -- None Available
Althoff Laura J $4,985,000 Fidelity Natio
Wilke Liesl Dale -- None Available
Wilke Jeffrey Allan -- None Available
Wilke Jeffrey A -- None Available
Perkins Coie Fiduciary Services Pc $3,900,000 Lawyers Title
Mcdade Mark D $925,000 Transamerica Title Ins Co
Uhlir Jane K $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Althoff Laura J $1,000,000
Previous Owner Althoff Laura J $100,000
Previous Owner Althoff Laura J $1,100,000
Previous Owner Althoff Laura J $4,485,000
Previous Owner Mcdade Mark D $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $4,985,000 0.0% $962 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $4,985,000 -- $962 / 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 $49,268 $7,526,000 $4,197,000 $3,329,000
2023 $47,792 $6,944,000 $3,960,000 $2,984,000
2022 $45,722 $8,310,000 $4,455,000 $3,855,000
2021 $43,882 $6,211,000 $3,667,000 $2,544,000
2020 $42,981 $5,484,000 $3,493,000 $1,991,000
2018 $44,607 $5,328,000 $3,262,000 $2,066,000
2017 $38,932 $5,143,000 $3,137,000 $2,006,000
2016 $35,855 $4,785,000 $2,868,000 $1,917,000
2015 $34,540 $4,291,000 $2,596,000 $1,695,000
2014 -- $3,950,000 $2,400,000 $1,550,000
2013 -- $3,586,000 $2,478,000 $1,108,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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 ever

    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
  • 4802 E Mercer Way, Mercer Island, WA 98040

    $6,500,000

    • 4 Beds
    • 4.5 Baths
    • 4,450 Sq Ft
    • 4802 E Mercer Way
    • Mercer Island, WA

    Introducing an exceptional waterfront residence with breathtaking views of Mount Rainier, perfectly framed by meticulously landscaped grounds. This remarkable home spans 4,450 square feet, offering four generously-sized bedrooms and four and a half bathrooms. The expansive open-concept kitchen seamlessly flows into a welcoming family room, ideal for both relaxation and entertaining. Boasting 100

    Chengliang Wang Kelly Right RE of Seattle LLC

    Section Image
  • 5438 E Mercer Way, Mercer Island, WA 98040

    $5,780,000

    • 5 Beds
    • 3.5 Baths
    • 3,510 Sq Ft
    • 5438 E Mercer Way
    • Mercer Island, WA

    Discover unparalleled lakeside living with this refreshed contemporary home, perfectly positioned on a sprawling 0.58-acre lot with 85 feet of low-bank lake frontage and a private dock. Every room in this 5-bedroom, 3.5-bathroom home offers breathtaking views of the serene lake, seamlessly blending modern design with nature's beauty. Wake up to panoramic views of Mt. Rainier and enjoy the

    Grace Yu Realogics Sotheby's Int'l Rlty

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

    $7,250,000

    • 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
  • 8001 W Mercer Way, Mercer Island, WA 98040

    $6,000,000

    • 5 Beds
    • 3 Baths
    • 1,810 Sq Ft
    • 8001 W Mercer Way
    • Mercer Island, WA

    Nestled just 10 feet from the water’s edge, this rare waterfront opportunity offers an unparalleled perch for your vision. Whether you choose to restore or reimagine, the grandfathered, foundation provides an extraordinary starting point—one that could never be replicated under today’s regulations. This home enjoys expansive views of Mount Rainier, breathtaking sunrises and sunsets, while eagles

    Diane Tien Realogics Sotheby's Int'l Rlty

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 489885

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0117