NOT LISTED FOR SALE

Estimated Value: $1,891,000 - $2,180,011

3 Beds
2 Baths
2,040 Sq Ft
$1,011/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $1,020,000 $500 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $12,418/month

7 Days on Market

Highlights

  • Waterfront Community
  • Spa
  • Deck
  • Lakeridge Elementary School Rated A
  • Lake View
  • 5-minute walk to Clarke Beach Park

About This Home

As of May 2015

Opportunity knocks! Spectacular 180 degree Lake view home with deeded 5’ waterfront easement just steps from the house. 12,000+sf lot with existing home - could be remodeled or rebuild your dream home overlooking Lake Washington. Huge Mount Rainier views, and just a stone’s throw from the Beach Club. All amenities close by, award winning school district + easy access to the Eastside & Seattle. Currently a three bedroom, 2.75 bath with an amazing entertaining deck, 2 car garage + shop area.

Last Listed By

Michele Schuler

Realogics Sotheby's Int'l Rlty License #22014412 Listed on: 04/20/2015

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM769627

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,772

Year Built

  • Built in 1951

Lot Details

  • Level Lot
  • Sprinkler System
  • Garden
  • Value in Land
  • Property is zoned R8.4

Parking

  • Detached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2579500136

Community Details

Overview

  • East Mercer Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,772

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Hot Tub/Spa, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Basement: Fully Finished
  • Dining Room: Upper
  • Extra Finished Room: Upper
  • Family Room: Upper
  • Living Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 2040
  • Square Footage Finished: 2040

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Flat
  • View: Lake, Mountain, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 5

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Radiator
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of MI
  • Water Company: City of MI
  • Water Heater: LL Closet-Oil
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer
  • Community Features: Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • Lot Details: Paved Street, Value In Land
  • Lot Sq Ft: 12093
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 2579500136
  • Zoning Code: R8.4
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2015
Closed on
May 14, 2015
Sold by
Roller Daniel A and Elrod Susan R
Bought by
Subramania Subramanian Sankara and Ramaiya Sellapriya Coimbatore
Seller's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Michael Scott
Coldwell Banker Bain
List Price
$999,000
Sold Price
$1,020,000
Premium/Discount to List
$21,000
2.1%
Total Days on Market
7
Current Estimated Value
$2,063,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,043,003
Avg. Annual Appreciation
7.03%
Original Mortgage
$102,000
Interest Rate
3.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 1988
Sold by
Symmonds Matthew Merle and Symmonds Debra E
Bought by
Roller Daniel A and Elrod Susan R

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
Subramania Subramanian Sankara $1,020,000 Rainier Title
Roller Daniel A $159,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subramania Subramanian Sankara $417,000
Closed Subramanian Subramanian Sankara $102,000
Open Subramania Subramanian Sankara $816,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $1,020,000 +2.1% $500 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $999,000 -- $490 / 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 $11,772 $1,796,000 $1,460,000 $336,000
2023 $11,845 $1,719,000 $1,378,000 $341,000
2022 $10,327 $1,923,000 $1,551,000 $372,000
2021 $10,152 $1,401,000 $1,277,000 $124,000
2020 $9,363 $1,267,000 $1,217,000 $50,000
2018 $9,707 $1,159,000 $982,000 $177,000
2017 $8,203 $1,118,000 $960,000 $158,000
2016 $7,631 $1,007,000 $878,000 $129,000
2015 $7,355 $912,000 $795,000 $117,000
2014 -- $840,000 $735,000 $105,000
2013 -- $753,000 $667,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM769627

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0136