NOT LISTED FOR SALE

Estimated Value: $2,869,000 - $3,546,000

4 Beds
1 Bath
3,951 Sq Ft
$827/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $2,115,000 $535 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $19,189/month

Highlights

  • Spa
  • Lake View
  • Secluded Lot
  • Lakeridge Elementary School Rated A
  • Deck
  • 2-minute walk to Clarke Beach Park

About This Home

As of November 2020

GREAT NEW PRICE! Turn-key perfection w/ modern updates in MI’s Waterside neighborhood across from Clarke Beach. Elegantly perched for views of Lake WA and Mtns. Ideal floorplan w/ polished, open kitchen connected to inviting family room, view office, dining room & main floor luxurious master suite. Upstairs, large rec/flex room+more 3 BDRS. New outdoor oasis awaits- multiple Ipe view decks, sauna, hot-tub w/ huge lot for max privacy! Walk to waterfront park, beach club & award-winning schools.

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 06/16/2020

COMPASS

Last Buyer's Agent

Pat O'Grady

Windermere Real Estate/East License #19690

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1616044

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,401

Year Built

  • Built in 1991

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Secluded Lot
  • Terraced Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Property is zoned R-9.6

Property Views

  • Lake
  • Mountain
  • Territorial
  • Limited

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 8566400350

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,401

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, 2nd Master Br, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Hot Tub/Spa, Sauna, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 4.25
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 3
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3951
  • Square Footage Finished: 3951

Exterior Features

  • Exterior: Brick, Stucco
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake, Mountain, Partial, Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Radiant, 90%+ High Efficiency
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Furnace Room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer
  • Community Features: CCRs

Schools

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

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 59242
  • Lot Topography Vegetation: Garden Space, Sloped, Terraces, Wooded
  • Parcel Number: 8566400350
  • Zoning Code: R-9.6
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Sloped, Terraces, Wooded

Tax Info

  • Tax Amount: 16341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Nov 11, 2020
Sold by
Nelson Kevin Scott and Nelson Julie
Bought by
Wilkinson Timothy and Wilkinson Alissa
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Pat O'Grady
Windermere Real Estate/East
List Price
$2,385,000
Sold Price
$2,115,000
Premium/Discount to List
-$270,000
-11.32%
Current Estimated Value
$3,265,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,150,640
Avg. Annual Appreciation
8.58%
Original Mortgage
$1,586,250
Outstanding Balance
$1,427,546
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,714,717

Purchase Details

Listed on
May 29, 2015
Closed on
Aug 3, 2015
Sold by
Fouts Debra N
Bought by
Nelson Kevin Scott and Nelson Julie
Seller's Agent
Jan Selvar
Windermere Real Estate Co.
Buyer's Agent
Carolyn Schwarz
Windermere Real Estate/East
List Price
$1,675,000
Sold Price
$1,610,000
Premium/Discount to List
-$65,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$530,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 1998
Sold by
Vadocz George and Vadocz Beata
Bought by
Fouts Debra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
7.06%
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
Wilkinson Timothy $2,115,000 Fidelity National Title
Nelson Kevin Scott $1,610,000 Cw Title Co
Fouts Debra N $515,000 Transnation Title Insurance
Fouts Debra N -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson Timothy $1,586,250
Previous Owner Nelson Kevin Scott $750,000
Previous Owner Nelson Kevin Scott $530,000
Previous Owner Fouts Debra N $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $2,115,000 -3.8% $535 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $2,198,000 -4.2% $556 / Sq Ft
08/07/2020 08/07/20 Price Changed $2,295,000 -3.8% $581 / Sq Ft
06/16/2020 06/16/20 For Sale $2,385,000 +48.1% $604 / Sq Ft
08/14/2015 08/14/15 Sold $1,610,000 -3.9% $402 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $1,675,000 -- $418 / 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 $18,401 $2,809,000 $1,426,000 $1,383,000
2023 $18,106 $2,638,000 $1,346,000 $1,292,000
2022 $19,283 $2,951,000 $1,515,000 $1,436,000
2021 $18,511 $2,150,000 $1,247,000 $903,000
2020 $17,549 $2,312,000 $1,188,000 $1,124,000
2018 $17,025 $2,174,000 $1,039,000 $1,135,000
2017 $13,718 $1,962,000 $940,000 $1,022,000
2016 $12,759 $1,685,000 $860,000 $825,000
2015 $12,294 $1,526,000 $779,000 $747,000
2014 -- $1,405,000 $720,000 $685,000
2013 -- $1,212,000 $677,000 $535,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1616044

Northwest Multiple Listing Service (NWMLS)

APN: 856640-0350