NOT LISTED FOR SALE

Estimated Value: $2,328,000 - $2,760,850

5 Beds
2 Baths
2,500 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $950,000 $380 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $15,555/month

233 Days on Market

About This Home

As of June 2014

Opportunity awaits! Rare ~2 acre property on the beautiful south end of Mercer Island, across from Clarke Beach. Breathtaking setting features a private, well-maintained & recently updated NW contemporary home with a fabulous layout: 5 bed+ office, 2 bath, hardwood floors, vaulted ceilings throughout main floor & updated kit w/entertaining sized deck. Home is surrounded by soaring old growth evergreens & a year round stream. Amazing & unique property with endless possibilities. Come and explore!

Last Listed By

Paula Holtzclaw

Coldwell Banker Bain License #85988 Listed on: 09/11/2013

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM542415

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$16,602

Year Built

1970

Lot Details

0

Listing Details

  • Condition: Good
  • Leased Equipment: water heater
  • Sq Ft Finished: 2500
  • Form 17: Exempt
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Basement: Daylight
  • Features: Dining Room, Skylights, Vaulted Ceilings
  • Fireplaces: 2
  • Floor: Hardwood, Laminate, Vinyl, Wall to Wall Carpet
  • Water Heater Location: Lower Level-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Drought Res Landscpe, Open Space, Secluded, Value In Land
  • Roof: Composition
  • Site Features: Cable TV, Deck
  • Lot Topography: Brush, Sloped, Wooded

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Schools

  • School District: MIS
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Shrivastava Niket and Sabais Meeta D
Bought by
Shrivastava Niket and Sabnis Meeta D
Total Days on Market
233
Current Estimated Value
$2,555,963

Purchase Details

Listed on
Sep 11, 2013
Closed on
May 30, 2014
Sold by
Hatheway Robert Damon
Bought by
Cheshire Derek L and Cheshire Eileen L
Seller's Agent
Paula Holtzclaw
Coldwell Banker Bain
Buyer's Agent
Greg Lewis
Windermere Real Estate Co.
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$95,000
Interest Rate
4.13%
Mortgage Type
Credit Line Revolving

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 Buyer Sale Price Title Company
Shrivastava Niket -- None Available
Cheshire Derek L $950,000 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheshire Derek L $390,000
Closed Cheshire Derek L $390,000
Open Cheshire Derek L $1,414,584
Closed Cheshire Derek Lee $1,454,000
Closed Cheshire Derek L $1,462,500
Closed Cheshire Derek L $226,000
Closed Cheshire Derek L $1,122,400
Closed Cheshire Derek L $123,000
Closed Cheshire Derek L $95,000
Closed Cheshire Derek L $760,000
Previous Owner Hatheway William H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $950,000 0.0% $380 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
04/28/2014 04/28/14 Price Changed $950,000 -20.8% $380 / Sq Ft
09/11/2013 09/11/13 For Sale $1,200,000 -- $480 / 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 $16,602 $2,534,000 $1,709,000 $825,000
2023 $16,710 $2,426,000 $1,613,000 $813,000
2022 $15,035 $2,714,000 $1,815,000 $899,000
2021 $16,327 $2,040,700 $1,493,700 $547,000
2020 $15,284 $2,039,000 $1,628,000 $411,000
2018 $11,910 $1,516,000 $1,506,000 $10,000
2017 $10,221 $1,372,000 $1,362,000 $10,000
2016 $9,510 $1,255,000 $1,245,000 $10,000
2015 $9,209 $1,137,000 $1,127,000 $10,000
2014 -- $1,052,000 $1,042,000 $10,000
2013 -- $1,027,000 $955,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM542415

Northwest Multiple Listing Service (NWMLS)

APN: 302405-9036