Listed by John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $3,048,826 - $3,735,000

4 Beds
3.5 Baths
3,700 Sq Ft
$907/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $2,120,000 $573 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $19,757/month

Highlights

  • Lake Front
  • Property is near public transit
  • Traditional Architecture
  • Lakeridge Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of July 2017

The perfect home in The Lakes. A very private setting on a lake provides the background for this stunning home. Formal entry, living and dining. The thoughtful remodel in 2008 created a gourmet kitchen with stainless appliances, granite counters and island which adjoins the family room and opening through the French doors to the large patio. Remodeled baths, added crown moldings, an expanded bonus room with an added 3/4 bath, and oversized 3 car garage, lots of additional storage & dog run.

Last Agent to Sell the Property

Tim Conway

John L. Scott, Inc. License #5506 Listed on: 06/07/2017

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1135559

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,774

Year Built

  • Built in 1986

Lot Details

  • 10,146 Sq Ft Lot
  • Lake Front
  • Open Space
  • Dog Run
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Property is in very good condition
  • Zoning described as R9.6

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Built by Buchan
  • The Lakes Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 4141000170

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,774

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1986
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,RangeOven,Refrigerators,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Lakes at MI
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3700
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 428

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Range/Oven, Refrigerator(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Jetted Tub, Security System, Skylight(s), Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 3700
  • Main Level Bathrooms: 1
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • SquareFootageFinished: 3700
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Range/Oven,Refrigerator(s),Washer(s)
  • FireplacesUpper: 2

Exterior Features

  • Roof: Cedar Shake
  • View: Lake, Territorial
  • Lot Features: Open Space, Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Builder Name: Buchan
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecuritySystem
  • Cooling Y N: No
  • Heating Yn: No
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 4141000170
  • Topography: Level
  • Lot Size Acres: 0.2329
  • Lot Size Sq Ft: 10146
  • Zoning Description: R9.6
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dog Run,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 17

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2017
  • Tax Annual Amount: 11774

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jun 28, 2017
Sold by
Borer Thomas P and Verbeck Ann Louise
Bought by
Xing Wenbiao and Xu Qing
Seller's Agent
Tim Conway
John L. Scott, Inc.
List Price
$1,950,000
Sold Price
$2,120,000
Premium/Discount to List
$170,000
8.72%
Current Estimated Value
$3,355,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,235,457
Avg. Annual Appreciation
5.51%
Original Mortgage
$1,275,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 2001
Sold by
Mclean Constance F
Bought by
Borer Thomas P and Borer Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.62%

Purchase Details

Closed on
Jul 24, 1987
Sold by
Grogan Jr John F and Grogan Beverly J
Bought by
Mclean David G and Mclean Constance F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Xing Wenbiao $2,120,000 Fidelity Natio
Borer Thomas P $968,500 Chicago Title Insurance Co
Mclean David G $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Qing $964,599
Closed Xing Wenbiao $1,275,000
Previous Owner Borer Thomas P $250,000
Previous Owner Borer Thomas P $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $2,120,000 +8.7% $573 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $1,950,000 -- $527 / 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 $17,701 $2,702,000 $1,410,000 $1,292,000
2023 $17,419 $2,538,000 $1,331,000 $1,207,000
2022 $15,633 $2,839,000 $1,498,000 $1,341,000
2021 $15,007 $2,122,000 $1,233,000 $889,000
2020 $15,757 $1,874,000 $1,175,000 $699,000
2018 $13,938 $1,952,000 $917,000 $1,035,000
2017 $11,774 $1,606,000 $830,000 $776,000
2016 $10,955 $1,446,000 $759,000 $687,000
2015 $10,554 $1,310,000 $687,000 $623,000
2014 -- $1,206,000 $635,000 $571,000
2013 -- $1,080,000 $594,000 $486,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1135559

Northwest Multiple Listing Service (NWMLS)

APN: 414100-0170