Listed by COMPASS, Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

Estimated Value: $6,563,000 - $9,083,181

4 Beds
3 Baths
4,889 Sq Ft
$1,686/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $8,826,800 $1,805 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $49,817/month

165 Days on Market

Highlights

  • 82 Feet of Waterfront
  • Docks
  • Lake View
  • Northwood Elementary School Rated A
  • Wine Cellar
  • Contemporary Architecture

About This Home

As of November 2022

Stunning contemporary home with glorious lake views, 82± ft of no-bank waterfront, and slip & dock accommodating boats up to 60 ft. Extensively remodeled in 2004 & 2012 with flexible floor plan, chef's kitchen/family room, media room & main floor primary suite with gorgeous bath. Tranquil Japanese-influenced entry courtyard with granite pavers & walkway covering ornamental pond. Stucco/shingle exterior; zinc roof; rift oak floors; high vaulted ceilings; walls of windows; terrace with built-in grill; A/C; attached 3-car garage. Perfectly sited at the highly-sought north end of Mercer Island. Luxe lake lifestyle awaits!

Last Agent to Sell the Property

Bob Bennion

COMPASS License #4166 Listed on: 05/17/2022

COMPASS

Co-Listed By

Tere Foster

COMPASS License #7690

Last Buyer's Agent

Chris Kallin

Realogics Sotheby's Int'l Rlty License #22013733

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1932170

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,516

Year Built

  • Built in 1968

Lot Details

  • 0.37 Acre Lot
  • 82 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,889 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Wine Cellar
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Docks
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5315102010

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,516

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1968
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 4889
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,107

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Central A/C, Forced Air, Heat Pump, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, High Tech Cabling, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wine Cellar, Wired for Generator, Water Heater
  • Living Area: 4889
  • Main Level Bedrooms: 1
  • Bathrooms: 2.75
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 4889
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Washer

Exterior Features

  • Roof: Metal
  • View: Lake, Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 82+/-

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
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Central A/C,Forced Air,Heat Pump,Radiant
  • WaterHeaterLocation: Main Floor Outside
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island

Lot Info

  • Parcel Number: 5315102010
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.3696
  • Lot Size Sq Ft: 16100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dock,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Moorage,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Per Appraisal

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 55516

Multi Family

  • EnergySource: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Nov 11, 2022
Sold by
Halverson Terry R and Halverson Linda Ann
Bought by
Brian A Sassi Living Trust and Peggy Sassi Living Trust
Seller's Agent
Bob Bennion
COMPASS
Buyer's Agent
Chris Kallin
Realogics Sotheby's Int'l Rlty
List Price
$9,800,000
Sold Price
$8,826,800
Premium/Discount to List
-$973,200
-9.93%
Views
3
Current Estimated Value
$8,244,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$582,755
Avg. Annual Appreciation
-1.20%
Original Mortgage
$2,000,000
Outstanding Balance
$1,918,863
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$6,621,109

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jul 23, 2012
Sold by
Behar Howard P and Behar Lynn C
Bought by
Halverson Terry and Cade Linda
Seller's Agent
Molly Penny
Coldwell Banker Bain
Buyer's Agent
Wendy Lister
Coldwell Banker Bain
List Price
$4,888,000
Sold Price
$4,888,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
May 16, 2002
Sold by
Austin James M and Austin Elizabeth A
Bought by
Behar Howard P and Behar Lynn C

Purchase Details

Closed on
May 8, 1997
Sold by
Brotherton Constance G
Bought by
Austin James M and Austin Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$957,000
Interest Rate
7%

Purchase Details

Closed on
May 23, 1995
Sold by
Hovland Gertrude Anne and Hovland Harold
Bought by
Culliton Marilyn and Bracher Christine
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
Brian A Sassi Living Trust $8,826,800 Equity Title
Halverson Terry $4,888,000 Chicago Title
Behar Howard P $2,491,655 Transnation Title Insurance
Austin James M $1,340,500 Transnation Title Insurance
Culliton Marilyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brian A Sassi Living Trust $2,000,000
Previous Owner Halverson Terry R $1,490,000
Previous Owner Behar Howard P $650,000
Previous Owner Austin James M $957,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $8,826,800 -9.9% $1,805 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $9,800,000 0.0% $2,004 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
06/25/2022 06/25/22 Price Changed $9,800,000 -6.7% $2,004 / Sq Ft
05/17/2022 05/17/22 For Sale $10,500,000 +114.8% $2,148 / Sq Ft
08/02/2012 08/02/12 Sold $4,888,000 0.0% $1,027 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $4,888,000 -- $1,027 / 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 $58,776 $8,979,000 $5,598,000 $3,381,000
2023 $61,867 $8,432,000 $5,282,000 $3,150,000
2022 $55,517 $10,091,000 $5,942,000 $4,149,000
2021 $53,280 $7,542,000 $4,891,000 $2,651,000
2020 $54,892 $6,659,000 $4,659,000 $2,000,000
2018 $56,963 $6,805,000 $4,351,000 $2,454,000
2017 $49,717 $6,568,000 $4,184,000 $2,384,000
2016 $46,237 $6,111,000 $3,825,000 $2,286,000
2015 $44,540 $5,534,000 $3,462,000 $2,072,000
2014 -- $5,094,000 $3,200,000 $1,894,000
2013 -- $5,220,000 $3,108,000 $2,112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1932170

Northwest Multiple Listing Service (NWMLS)

APN: 531510-2010