$6,500,000
SOLD NOV 24, 2020
6 Beds
1 Bath
5,140 Sq Ft
0.41 Acres

Recently Sold

$1,265 Per Sq Ft

4% Below List Price

17 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 September 2022

Stunning Modern home with impeccable finishes, traditional floorplan highlighting panoramic lake views and 64' of low bank waterfront. The great room and Chef's kitchen with 14'+ island are the focal points of this modern design. Primary bedroom has stunning views of the lake an en-suite bath with steam shower and soaking tub. Upper floor has 3 more bedrooms and 2 baths. Lower level has heated concrete floors, rec room, gym or guest suite with access to lake. 2bd/1bath 670 sq ft cottage too.

Last Agent to Sell the Property

Robyn Kimura-Hsu

Realogics Sotheby's Int'l Rlty License #72569

Realogics Sotheby's Int'l Rlty

Co-Listed By

Rachel Schindler

Realogics Sotheby's Int'l Rlty License #27729

Last Buyer's Agent

Kelly Weisfield

COMPASS License #109428

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1664828

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,801

Year Built

  • Built in 2018

Lot Details

  • Low Bank Waterfront Property
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Drought Tolerant Landscaping

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Poured Concrete
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

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 2579500130

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,801

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Modern
  • Approved Accessory Dwelling: Main
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, High Tech Cabling, Security System, Skylights, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Concrete, Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 5.25
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5810
  • Square Footage Finished: 5140

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • View: Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Lake
  • Waterfront Frontage: 64

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Radiant, Hot Water Recirc Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: crawl space-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Cul-De-Sac, Drought Res Landscpe, Paved Street
  • Lot Sq Ft: 17935
  • Lot Topography Vegetation: Garden Space, Level, Terraces
  • Parcel Number: 2579500130
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Terraces

Tax Info

  • Tax Amount: 40518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Cheng Vanessa and Cheng Shen-Yuan
Bought by
Chen Living Trust
Total Days on Market
17
Current Estimated Value
$7,475,184

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 20, 2022
Sold by
Brad Dowhaniuk
Bought by
Cheng Vanessa and Cheng Shen-Yuan
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Tere Foster
COMPASS
List Price
$8,298,000
Sold Price
$8,150,000
Premium/Discount to List
-$148,000
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.11%

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 16, 2020
Sold by
Hellemons Henciricus C and Lopez Myda Lisa
Bought by
Dowhaniuk Brad
Seller's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$6,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$250,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$3,250,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 11, 2020
Sold by
Dowhaniuk Yolanda and Dowhaniuk Brad
Bought by
Dowhaniuk Brad
Seller's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$6,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$250,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 29, 2015
Sold by
Sussex Steven A
Bought by
Hellemons Hendricus C and Lopez Myda L
Seller's Agent
Bonnie Sanborn
Engel & Voelkers Mercer Island
Buyer's Agent
Myda Lopez
InPeak Properties LLC
List Price
$1,999,000
Sold Price
$1,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.01%
Original Mortgage
$1,199,400
Interest Rate
3.98%

Purchase Details

Closed on
Nov 29, 2001
Sold by
Rhode Leroy
Bought by
Sussex Steven A and Sussex Kerry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
6.63%

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $8,150,000 Chicago Title
Warranty Deed $6,500,000 Chicago Title
Interfamily Deed Transfer -- Chicago Title
Warranty Deed $1,999,000 Fidelity Natio
Warranty Deed $715,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,250,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,353,000 New Conventional
Previous Owner $2,300,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,500,000 New Conventional
Previous Owner $1,199,400 No Value Available
Previous Owner $500,500 Fannie Mae Freddie Mac
Previous Owner $500,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $8,150,000 +1.9% $1,403 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/27/2022 08/27/22 Price Changed $7,998,000 -3.6% $1,377 / Sq Ft
06/29/2022 06/29/22 For Sale $8,298,000 +27.7% $1,428 / Sq Ft
11/24/2020 11/24/20 Sold $6,500,000 -3.7% $1,265 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $6,750,000 +237.7% $1,313 / Sq Ft
06/02/2015 06/02/15 Sold $1,999,000 0.0% $2,984 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $1,999,000 -- $2,984 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $46,801 $7,149,000 $2,602,000 $4,547,000
2023 $46,210 $6,714,000 $2,455,000 $4,259,000
2022 $39,320 $7,509,000 $2,762,000 $4,747,000
2021 $37,739 $5,341,000 $2,274,000 $3,067,000
2020 $40,518 $4,716,000 $2,166,000 $2,550,000
2018 $16,288 $4,636,000 $1,797,000 $2,839,000
2017 $13,759 $1,877,000 $1,728,000 $149,000
2016 $12,801 $1,690,000 $1,580,000 $110,000
2015 $12,338 $1,531,000 $1,430,000 $101,000
2014 -- $1,410,000 $1,322,000 $88,000
2013 -- $1,409,000 $1,333,000 $76,000
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1664828

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0130