Seller's Agent in 2022
Dan Riley
Windermere Corporate
(206) 390-4799
4 in this area
44 Total Sales
Listed by Windermere Real Estate/East, Bought with WeLakeside
7480 81st Place SE Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,546,000 - $3,104,000
4
Beds
2.5
Baths
2,460
Sq Ft
$1,115/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Traditional Architecture
- 2 Fireplaces
- Lakeridge Elementary School Rated A
- Wood Flooring
- Walk-In Pantry
About This Home
As of June 2022Find your oasis in The LAKES which offers residents a premier neighborhood w/quick access to schools, ball fields, & parks. With 4 bedrooms, 2.5 baths on one level, you'll have plenty of space to call this home for years. The open kitchen connects to the family & dining rooms in a circular floor plan. Serve dinners outside this summer on the inviting patio inside the private, fenced backyard w/space to play. Vaulted ceilings & large windows bring in lots of light to the open living room at entry. Oversized primary suite w/walk-in closet & raised ceilings. Home has been well cared for & has updated windows, new carpet, & updated appliances. Lots of storage. Hop, skip & jump to school K-8. Compelling street presence w/open space to the South.
Last Agent to Sell the Property
Windermere Real Estate/East License #25216 Listed on: 04/28/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1911744
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,583
Year Built
- Built in 1986
Lot Details
- 10,551 Sq Ft Lot
- Partially Fenced Property
- Level Lot
- Garden
HOA Fees
- $135 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 2,460 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Skylights
- 2 Fireplaces
- Dining Room
- Storm Windows
Kitchen
- Walk-In Pantry
- Oven or Range
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Stone
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
Laundry
- Dryer
- Washer
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Additional Features
- Patio
- Central Air
Community Details
- Treasure@Thelakesmi.Com Association
- Built by William Buchan
- The Lakes Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 4141000380
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2022
Closed on
Jun 9, 2022
Sold by
Milburn Melissa M
Bought by
Xing Lin and Wang Xiaoyan
Seller's Agent
Dan Riley
Windermere Real Estate/East
Buyer's Agent
Ling Drost
WeLakeside
List Price
$2,300,000
Sold Price
$2,600,000
Premium/Discount to List
$300,000
13.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,588
Avg. Annual Appreciation
-0.01%
Original Mortgage
$1,690,000
Outstanding Balance
$1,617,624
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$981,365
Purchase Details
Closed on
Dec 23, 2011
Sold by
Milburn Scott A and Milburn Melissa M
Bought by
Milburn Melissa and Milburn Melissa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
3.85%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 16, 2003
Sold by
Browning Rex C and Browning Georgianne C
Bought by
Milburn Scott A and Milburn Melissa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,900
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 10, 1992
Sold by
Rolseth Mary Lou
Bought by
Browning Rey C and Browning Georgianne C
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xing Lin | $2,600,000 | Rainier Title Company | |
| Milburn Melissa | -- | First American | |
| Milburn Scott A | $734,900 | Transnation Ti | |
| Browning Rey C | $395,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xing Lin | $1,690,000 | |
| Previous Owner | Milburn Melissa M | $595,000 | |
| Previous Owner | Milburn Melissa M | $588,867 | |
| Previous Owner | Milburn Melissa M | $300,000 | |
| Previous Owner | Milburn Melissa M | $498,000 | |
| Previous Owner | Milburn Melissa M | $194,000 | |
| Previous Owner | Milburn Melissa | $506,000 | |
| Previous Owner | Milburn Scott A | $186,252 | |
| Previous Owner | Milburn Scott A | $587,900 | |
| Closed | Milburn Scott A | $47,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2022 06/21/22 | Sold | $2,600,000 | +13.0% | $1,057 / Sq Ft |
| 05/01/2022 05/01/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | For Sale | $2,300,000 | -- | $935 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $14,848 | $2,266,000 | $1,321,000 | $945,000 |
| 2023 | $14,606 | $2,128,000 | $1,247,000 | $881,000 |
| 2022 | $13,109 | $2,380,000 | $1,403,000 | $977,000 |
| 2021 | $12,583 | $1,779,000 | $1,155,000 | $624,000 |
| 2020 | $12,891 | $1,571,000 | $1,100,000 | $471,000 |
| 2018 | $11,406 | $1,597,000 | $902,000 | $695,000 |
| 2017 | $9,960 | $1,314,000 | $816,000 | $498,000 |
| 2016 | $9,268 | $1,223,000 | $746,000 | $477,000 |
| 2015 | $8,929 | $1,108,000 | $676,000 | $432,000 |
| 2014 | -- | $1,020,000 | $625,000 | $395,000 |
| 2013 | -- | $955,000 | $594,000 | $361,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Riley
-
Christy Shiers
Seller Co-Listing Agent in 2022
Christy Shiers
Windermere Corporate
(206) 409-5631
5 in this area
65 Total Sales
-
Ling Drost
L
Buyer's Agent in 2022
Ling Drost
WeLakeside
(206) 876-0140
3 in this area
198 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1911744
APN: 414100-0380
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Based on information submitted to the MLS GRID
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