NOT LISTED FOR SALE

Estimated Value: $645,996 - $699,000

2 Beds
1 Bath
1,287 Sq Ft
0.9 Acres

Last Sold June 18, 2021

Last sale price $545,000 $423 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,900/month

98 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • Ceramic Tile Flooring
  • West Mercer Elementary School Rated A
  • 1 Fireplace
  • 3-minute walk to N. Mercerdale Hillside Open Space

About This Home

As of June 2021

Beautifully remodeled 3rd floor Condo in the heart of Mercer Island! Open Concept floor plan. Big kitchen with granite counter-top and stainless steel appliances. Oversize Master suite with a big bathroom with double vanity sinks and a luxurious walk in shower. Spacious walk in closet! Marble bathrooms with high end finishes. Laundry closet with plenty of storage. Outdoor balcony to hang out. Secured parking garage with 1 assigned parking. Elevator Access. Prime location, within walking distance to many shops and restaurant! HOA includes water, sewer, garbage. HOA's pet policy only allow cats.

Last Agent to Sell the Property

Steve Sit

Sound Asset Partners LLC License #11118 Listed on: 02/20/2021

Co-Listed By

Alan Sit

Sound Asset Partners LLC License #105799

Last Buyer's Agent

Mark Petrak

COMPASS License #11248

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1726886

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1979

Lot Details

  • 0.9

Parking

  • Common or Shared Parking

Home Design

  • Contemporary Architecture
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Ceramic Tile Flooring
  • Territorial Views

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 2019900230

Community Details

Overview

  • 36 Units
  • Downtown Community
  • 5-Story Property

Pet Policy

  • Pet Restriction
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,684

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Unit Floor Number: 3
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, R
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Estimated Sq Ft: 1287

Exterior Features

  • Exterior: Stucco
  • Roof: Torch Down
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 5

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Master Bathroom Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 36
  • Numberof Units In Complex: 36
  • HOA Fees: 443
  • Community Name: Downtown
  • Project: Devington
  • Cats And Dogs: Cats Only, Subj To Restrictions
  • Manager Contact Information: Lynda Kocir (206) 706-8000
  • Association Contact: CDC Group (206) 706-8000
  • Common Property Features: Ab, Elevator, Game/Rec Rm, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Water/Sewer
  • Unit Features: Balcony/Deck/Patio

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 2019900230

Tax Info

  • Tax Amount: 4557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
Jun 10, 2021
Sold by
Zha Minglei
Bought by
Fridstein Eric
Seller's Agent
Steve Sit
Sound Asset Partners LLC
Buyer's Agent
Mark Petrak
COMPASS
List Price
$619,900
Sold Price
$545,000
Premium/Discount to List
-$74,900
-12.08%
Current Estimated Value
$650,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,420
Avg. Annual Appreciation
4.30%
Original Mortgage
$408,750
Outstanding Balance
$373,281
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$275,233

Purchase Details

Listed on
Oct 13, 2015
Closed on
Nov 23, 2015
Sold by
Maxim Alexandro
Bought by
Zha Minglei
Seller's Agent
Nancy LaVallee
Windermere Mercer Island
Buyer's Agent
Steve Sit
Sound Asset Partners LLC
List Price
$363,000
Sold Price
$375,000
Premium/Discount to List
$12,000
3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 3, 2002
Sold by
Pearce Ursula and Pearce Uschi
Bought by
Maxim Petre and Maxim Tatiana

Purchase Details

Closed on
Sep 25, 1995
Sold by
Troxel Wilson O and Troxel Marie N
Bought by
Pearce Peter W R and Pearce Uschi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,950
Interest Rate
6.62%
Source: Public Records

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
Fridstein Eric $545,000 Old Republic Title Ltd
Zha Minglei $375,000 Fidelity Natio
Maxim Petre $230,000 Transnation Title Insurance
Pearce Peter W R $149,950 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fridstein Eric $408,750
Previous Owner Zha Minglei $300,000
Previous Owner Pearce Peter W R $119,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $545,000 -3.5% $423 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $565,000 -3.4% $439 / Sq Ft
03/18/2021 03/18/21 Price Changed $585,000 -2.5% $455 / Sq Ft
03/05/2021 03/05/21 Price Changed $599,750 -3.3% $466 / Sq Ft
02/20/2021 02/20/21 For Sale $619,900 +65.3% $482 / Sq Ft
11/30/2015 11/30/15 Sold $375,000 +3.3% $291 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $363,000 -- $282 / 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 $3,684 $560,000 $191,300 $368,700
2023 $3,653 $635,000 $186,500 $448,500
2022 $3,792 $593,000 $181,700 $411,300
2021 $4,456 $513,000 $143,400 $369,600
2020 $4,177 $555,000 $143,400 $411,600
2018 $3,585 $490,000 $101,400 $388,600
2017 $3,038 $412,000 $93,700 $318,300
2016 $2,761 $372,000 $92,700 $279,300
2015 $2,670 $329,000 $92,700 $236,300
2014 -- $304,000 $81,300 $222,700
2013 -- $242,000 $81,300 $160,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1726886

Northwest Multiple Listing Service (NWMLS)

APN: 201990-0230