Listed by COMPASS, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Estimated Value: $1,269,777

3 Beds
2.5 Baths
3,132 Sq Ft
$405/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $1,196,000 $382 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,281/month

8 Days on Market

Highlights

  • Territorial View
  • Vaulted Ceiling
  • Ground Level Unit
  • West Mercer Elementary School Rated A
  • Engineered Wood Flooring
  • 5-minute walk to N. Mercerdale Hillside Open Space

About This Home

As of June 2022

Newly remodeled MI Townhome! Complete transformation introduces chic style & modern convenience to timeless design. Open Concept Level features Dining Room, oversized Great Room and customized Quartz & SS Kitchen. Escape to the covered garden terrace, surrounded by PNW landscape. Light filled Resident’s Level consists of primary suite w/ luxury bath & dual walk in closets, two additional bedrooms- all with soaring ceilings & scenic views. On the Recreation Level, explore endless possibilities: home office, media room, exercise center, or artist studio! Moments to Metropolitan Market, Island Bookstore & other local amenities. Quick access to Seattle and Bellevue DT cores creates the perfect balance between city life & peaceful island living!

Last Agent to Sell the Property

Mark von der Burg

COMPASS License #38387 Listed on: 05/13/2022

COMPASS

Last Buyer's Agent

David Park

Windermere Real Estate/East License #22033547

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1929936

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,603

Year Built

  • Built in 1972

Lot Details

  • 2.95

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,132 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • West Mercer Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Additional Features

  • Ground Level Unit
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3629100620

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, sewer, water
  • 64 Units
  • Legacy Management Association
  • Secondary HOA Phone (425) 519-3615
  • Islandaire Condo
  • Mercer Island Subdivision
  • Park Phone (425) 519-3615 | Manager Morgan Busher

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,603

Year Built

Built in 1972

Lot Details

0

HOA Fees

$720 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1972
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Islandaire Condo
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 3132
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows,Primary Bath,Skylights,Vaulted Ceilings,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 1,145

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Lower
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Stories: 3
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Townhouse
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage, Road Maintenance
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Rec Room Closet
  • WaterHeaterType: Tank

Condo/Co-op/Association

  • Park Manager Name: Morgan Busher
  • Park Manager Phone: 425-519-3615
  • Senior Community: No
  • Association Fee: 720
  • Association Fee Frequency: Monthly
  • Phone: 425-519-3615
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Legacy Management
  • CoOp: false

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Road Maintenance, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 3629100620
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: King County

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5603

Multi Family

  • Number Of Units In Community: 64
  • EnergySource: Electric

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 16, 2022
Sold by
Bethune Elizabeth A
Bought by
Hwang Jeok Jin and Park Yeunmi
Seller's Agent
Mark von der Burg
COMPASS
Buyer's Agent
David Park
Windermere Real Estate/East
List Price
$1,196,000
Sold Price
$1,196,000
Current Estimated Value
$1,269,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,777
Avg. Annual Appreciation
1.75%
Original Mortgage
$696,000
Outstanding Balance
$667,053
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$595,442

Purchase Details

Closed on
Mar 7, 2005
Sold by
Bethune Nelva Aileen
Bought by
Bethune Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2005
Sold by
Bethune Nelda Aileen
Bought by
Bethune Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2002
Sold by
Bethune Aileen N
Bought by
Bethune Elizabeth A
Source: Public Records

Range of Values:

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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
Hwang Jeok Jin $1,196,000 Chicago Title
Bethune Elizabeth -- First American
Bethune Elizabeth -- --
Bethune Elizabeth A $23,883 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Jeok Jin $696,000
Previous Owner Bethune Elizabeth A $150,000
Previous Owner Bethune Elizabeth A $75,000
Previous Owner Bethune Elizabeth A $86,000
Previous Owner Bethune Elizabeth A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $1,196,000 0.0% $382 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $1,196,000 -- $382 / 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 $6,583 $1,003,000 $191,100 $811,900
2023 $6,013 $1,253,000 $191,100 $1,061,900
2022 $5,603 $978,000 $188,600 $789,400
2021 $6,112 $759,000 $188,600 $570,400
2020 $6,537 $762,000 $188,600 $573,400
2018 $6,429 $802,000 $188,600 $613,400
2017 $5,535 $740,000 $188,600 $551,400
2016 $4,540 $679,000 $188,600 $490,400
2015 $4,418 $542,000 $188,600 $353,400
2014 -- $504,000 $183,700 $320,300
2013 -- $425,000 $183,700 $241,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1929936

Northwest Multiple Listing Service (NWMLS)

APN: 362910-0620