NOT LISTED FOR SALE

Estimated Value: $5,000,000 - $7,298,918

5 Beds
5.5 Baths
4,800 Sq Ft
$1,322/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $5,000,000 $1,042 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $38,428/month

3 Days on Market

Highlights

  • 135 Feet of Waterfront
  • Docks
  • Lake View
  • Lakeridge Elementary School Rated A
  • Spa
  • 5-minute walk to Clarke Beach Park

About This Home

As of October 2020

The good life starts here, on nearly an acre of manicured grounds bordered by 135’ of private waterfront. Stunning interiors offer all the right spaces for your lifestyle—open living/dining areas spanned by lake views, office, rec room, bonus/sun room, lakeside guest cabana, workout studio & luxurious lake view owner’s suite. Private dock & boathouse, level lawn, grand steps leading into the water, hot tub gazebo and multiple view decks/patios all allow you to make the most of life on the lake.

Last Agent to Sell the Property

Erin Ewing

Windermere Mercer Island License #49702 Listed on: 09/23/2020

Windermere Mercer Island

Co-Listed By

Doug McKiernan

Windermere Mercer Island License #19821

Last Buyer's Agent

Lisa Boyd

Coldwell Banker Bain License #19748

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1667318

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,634

Year Built

  • Built in 1952

Lot Details

  • 0.8 Acre Lot
  • 135 Feet of Waterfront
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is in very good condition
  • Zoning described as R8.4

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 3 Fireplaces
  • French Doors
  • Dining Room
  • Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Docks
  • Patio
  • Gazebo
  • Outbuilding

Location

  • Property is near public transit

Schools

  • Lakeridge Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • South End Subdivision

Listing and Financial Details

  • Legal Lot and Block 17-18 / 3
  • Assessor Parcel Number 2579500120

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,634

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1952
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Floods Lake Side Tracts & SH LDS
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 4800
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 8

Interior Features

  • Fireplaces: 3
  • Private Spa: Yes
  • Appliances: Double Oven, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Travertine, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Security System, Skylight(s), Water Heater
  • Living Area: 4800
  • Main Level Bedrooms: 1
  • Bathrooms: 4.75
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 4800
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 2
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 4
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • FireplacesLower: 1

Exterior Features

  • View: Lake, Mountain(s), Territorial
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 135

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Security System, Fully Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Mechanical Room lower level
  • WaterHeaterType: Gas

Schools

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

Lot Info

  • Parcel Number: 2579500120
  • Topography: Level,PartialSlope,Sloped,Terraces
  • Lot Size Acres: 0.7981
  • Lot Size: 140'x255'x(105'+34')x259'
  • Lot Size Sq Ft: 34764
  • Zoning Description: R8.4
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Dock,Fenced-Partially,Gas Available,High Speed Internet,Hot Tub/Spa,Moorage,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City
  • LotNumber: 17-18

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 34634

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Oct 1, 2020
Sold by
Hagedorn Robert and Robert Hagedorn Living Trust
Bought by
Mills Eric and Mills Beth
Seller's Agent
Erin Ewing
Windermere Mercer Island
Buyer's Agent
Lisa Boyd
Coldwell Banker Bain
List Price
$4,500,000
Sold Price
$5,000,000
Premium/Discount to List
$500,000
11.11%
Current Estimated Value
$6,346,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,346,306
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
Oct 15, 2013
Sold by
Hagedorn Robert
Bought by
Hagedorn Robert

Purchase Details

Closed on
Mar 27, 2003
Sold by
Hagedorn Meladi
Bought by
Hagedorn Robert

Purchase Details

Closed on
Mar 26, 2003
Sold by
Colbourne Jamie S and Colbourne Sue S
Bought by
Hagedorn Robert

Purchase Details

Closed on
Sep 5, 2002
Sold by
Rivas Alice Jean and Rivas Armando
Bought by
Colbourne Jamie S and Colbourne Sue S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,444
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 18, 1998
Sold by
Hagedorn Robert
Bought by
Hagedorn Alice Jean

Purchase Details

Closed on
May 15, 1995
Sold by
Hermer Nevil J and Hermer Carol A
Bought by
Hagedorn Robert and Hagedorn Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.32%
Source: Public Records

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
Mills Eric $5,000,000 Ticor Title
Hagedorn Robert -- None Available
Hagedorn Robert -- Chicago Title
Hagedorn Robert $2,850,000 Chicago Title
Colbourne Jamie S $2,085,000 Lawyers Title Agency
Hagedorn Alice Jean -- --
Hagedorn Robert $940,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colbourne Jamie S $770,444
Previous Owner Hagedorn Robert $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $5,000,000 +11.1% $1,042 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $4,500,000 -- $938 / 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 $40,552 $6,194,000 $4,379,000 $1,815,000
2023 $40,039 $5,817,000 $4,132,000 $1,685,000
2022 $35,796 $6,505,000 $4,649,000 $1,856,000
2021 $34,356 $4,862,000 $3,827,000 $1,035,000
2020 $35,451 $4,293,000 $3,645,000 $648,000
2018 $38,598 $4,610,000 $3,532,000 $1,078,000
2017 $33,694 $4,450,000 $3,397,000 $1,053,000
2016 $31,336 $4,141,000 $3,106,000 $1,035,000
2015 $30,187 $3,750,000 $2,811,000 $939,000
2014 -- $3,452,000 $2,598,000 $854,000
2013 -- $3,359,000 $2,652,000 $707,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1667318

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0120