NOT LISTED FOR SALE

Estimated Value: $2,343,000 - $4,365,000

4 Beds
1 Bath
2,470 Sq Ft
$1,466/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $3,135,000 $1,269 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $21,336/month

3 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Deck
  • Lakeridge Elementary School Rated A
  • Lake View
  • 5-minute walk to Clarke Beach Park

About This Home

As of November 2017

68 ft of low bank, private waterfront, teak dock and 2 solar-charged hydraulic lifts. Rebuilt in 2009 by Peter Davis, the current owners have continued to transform the property into something special: new Ipe decks with custom railings, oak hardwoods throughout, a/c in master area, double set of washer/dryer. Gourmet kitchen with high end appliances and pantry, custom blinds, 10 KW generator,energy efficient windows, radiant heat. Unique setting with incredible Mount Rainier views.

Last Listed By

Laurence Barratt

Coldwell Banker Danforth Listed on: 10/10/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1203082

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,468

Year Built

  • Built in 1968

Lot Details

  • Low Bank Waterfront Property
  • Sloped Lot
  • Sprinkler System
  • Garden

Parking

  • Detached Carport Space

Home Design

  • Northwest Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 2579500115

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,468

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Architecture: Nw Contemporary
  • Homebuilder: Peter Davis
  • Building Information: Built On Lot
  • Entrance Level: Upper
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, French Doors, High Tech Cabling, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Upper
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2470
  • Square Footage Finished: 2470

Exterior Features

  • Exterior: Wood
  • Roof: Metal
  • View: Lake
  • Waterfront: Bank-Low
  • Waterfront Frontage: 68

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: High Efficiency (Unspecified), Radiant
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of mercer Island
  • Water Company: City of mercer Island
  • Water Heater: basement
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Dimensions: 17550
  • Lot Sq Ft: 17550
  • Lot Topography Vegetation: Garden Space, Partial Slope
  • Parcel Number: 2579500115
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Partial Slope

Tax Info

  • Tax Amount: 18208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2017
Closed on
Nov 6, 2017
Sold by
Stamnes Paul A and Stamnes Michelle
Bought by
Verprauskus Andrew and Ehrenberg Michaelanne
Seller's Agent
Laurence Barratt
Coldwell Banker Danforth
Buyer's Agent
Rachael Podolsky
Coldwell Banker Bain
List Price
$3,120,000
Sold Price
$3,135,000
Premium/Discount to List
$15,000
0.48%
Total Days on Market
3
Current Estimated Value
$3,620,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,619
Avg. Annual Appreciation
2.64%
Original Mortgage
$2,508,000
Outstanding Balance
$2,144,985
Interest Rate
3.83%
Estimated Equity
$1,666,062

Purchase Details

Listed on
May 20, 2014
Closed on
Jun 12, 2014
Sold by
Whiting Brian M
Bought by
Stamnes Paul A and Stamnes Michelle
Seller's Agent
Steve Rizika
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Monica Posada-Garcia
Coldwell Banker Danforth
List Price
$2,195,000
Sold Price
$2,190,000
Premium/Discount to List
-$5,000
-0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$100,000
Interest Rate
4.17%

Purchase Details

Closed on
May 28, 2010
Sold by
Whiting Brian M
Bought by
Whiting Brian M

Purchase Details

Closed on
Oct 9, 2008
Sold by
Buckner Donal and Buckner Cheryl
Bought by
Whiting Brian M

Purchase Details

Closed on
Jun 24, 1986
Sold by
Uchida Jay & Joanne Y Maida
Bought by
Buckner Donal A

Range of Values:

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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
Verprauskus Andrew $3,135,000 Cw Title & Escrow
Stamnes Paul A $2,190,000 Cw Title Co
Whiting Brian M -- None Available
Whiting Brian M $1,690,000 Chicago Title
Buckner Donal A $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verprauskus Andrew $894,000
Closed Verprauskus Andrew $888,400
Open Verprauskus Andrew $2,508,000
Previous Owner Stamnes Paul A $1,374,000
Previous Owner Stamnes Paul A $100,000
Previous Owner Stamnes Paul A $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $3,135,000 +0.5% $1,269 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $3,120,000 +42.5% $1,263 / Sq Ft
06/13/2014 06/13/14 Sold $2,190,000 -0.2% $880 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $2,195,000 -- $882 / 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 $25,468 $3,889,000 $2,602,000 $1,287,000
2023 $25,144 $3,652,000 $2,455,000 $1,197,000
2022 $22,484 $4,085,000 $2,762,000 $1,323,000
2021 $21,582 $3,053,000 $2,274,000 $779,000
2020 $19,151 $2,696,000 $2,166,000 $530,000
2018 $20,857 $2,490,000 $1,322,000 $1,168,000
2017 $18,208 $2,404,000 $1,272,000 $1,132,000
2016 $16,802 $2,237,000 $1,163,000 $1,074,000
2015 $16,193 $2,010,000 $1,053,000 $957,000
2014 -- $1,851,000 $974,000 $877,000
2013 -- $1,511,000 $972,000 $539,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1203082

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0115