NOT LISTED FOR SALE

Estimated Value: $1,995,000 - $3,126,000

5 Beds
3.5 Baths
4,210 Sq Ft
$659/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $1,440,000 $342 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $16,750/month

195 Days on Market

Highlights

  • Second Kitchen
  • Lake View
  • Deck
  • Lakeridge Elementary School Rated A
  • 0.61 Acre Lot
  • Wooded Lot

About This Home

As of March 2020

This home has it all-Lake and Mt. Rainier views on a ½ acre + lot in a wonderful south end neighborhood close to schools, club and shopping center. 5 bedrooms, 3.25 baths on three levels. Features also include 2 multi-generational kitchens with separate entrances, den, family room, rec room and 3 fireplaces and a 3 car garage. Light and airy with lots of windows. Went through an extensive remodel in 2007. A unique combination of privacy, level yard and wonderful views.

Last Listed By

Rik Jones

RE/MAX Northwest License #36238 Listed on: 05/31/2019

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1466354

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,169

Year Built

  • Built in 1973

Lot Details

  • 0.61 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is in good condition
  • Zoning described as R 9.6

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 4,210 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 3 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Second Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Natural Gas Connected
  • Water Heater

Community Details

  • Island Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3024059169

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,169

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1973
  • Buyer Agency Compensation: 2.5%
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 4210
  • SeniorExemption: false
  • SOCComments: Subject to Court Approval
  • Special Features: VirtualTour
  • Cumulative Days on Market: 443

Interior Features

  • Fireplaces: 3
  • Basement: Daylight, Finished
  • Appliances: Dishwasher_, Double Oven, GarbageDisposal_, Microwave_, RangeOven_, Refrigerator_
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Second Kitchen, Bath Off Primary, Double Pane/Storm Window, Dining Room, Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s), FirePlace, Water Heater
  • Living Area: 4210
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 4210
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 4
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Microwave,Range/Oven,Refrigerator
  • FireplacesLower: 1

Exterior Features

  • Roof: Cedar Shake
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterType: Electric

Schools

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

Lot Info

  • Parcel Number: 3024059169
  • Topography: Level,Sloped
  • Lot Size Acres: 0.61
  • Lot Size Sq Ft: 26572
  • Zoning Description: R 9.6
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 15169

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Feb 27, 2020
Sold by
James Nancy and Estate Of John G Pace
Bought by
Neher Melissa K and Neher Gregory B
Seller's Agent
Rik Jones
RE/MAX Northwest
List Price
$1,875,000
Sold Price
$1,440,000
Premium/Discount to List
-$435,000
-23.2%
Total Days on Market
195
Current Estimated Value
$2,776,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,336,382
Avg. Annual Appreciation
16.01%
Original Mortgage
$4,295,000
Outstanding Balance
$3,898,467
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
-$785,666

Purchase Details

Closed on
Oct 25, 2012
Sold by
Pace Simone
Bought by
Pace John

Purchase Details

Closed on
Jun 23, 2006
Sold by
Dodge N P
Bought by
Pace John G and Pace Simone L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Barthold John C and Barthold Denise R
Bought by
Dodge N P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Turck Marvin and Turck Rahla S
Bought by
Barthold John C and Barthold Denise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
5.77%
Mortgage Type
Stand Alone First

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
Neher Melissa K $1,440,000 Old Republic Title Ltd
Pace John -- None Available
Pace John G $1,350,000 Stewart Title
Dodge N P $1,350,000 Stewart Title
Barthold John C $1,050,000 Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neher Melissa K $1,260,500
Open Neher Melissa K $4,295,000
Previous Owner Pace John G $1,000,000
Previous Owner Dodge N P $215,000
Previous Owner Barthold John C $57,500
Previous Owner Barthold John C $735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $1,440,000 -7.1% $342 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
10/28/2019 10/28/19 Price Changed $1,550,000 -7.5% $368 / Sq Ft
09/05/2019 09/05/19 Price Changed $1,675,000 -5.6% $398 / Sq Ft
07/09/2019 07/09/19 Price Changed $1,775,000 -5.3% $422 / Sq Ft
05/31/2019 05/31/19 For Sale $1,875,000 -- $445 / 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 $16,281 $2,485,000 $1,635,000 $850,000
2023 $16,077 $2,334,000 $1,543,000 $791,000
2022 $14,382 $2,611,000 $1,736,000 $875,000
2021 $13,807 $1,952,000 $1,429,000 $523,000
2020 $15,180 $1,724,000 $1,361,000 $363,000
2018 $15,802 $2,018,000 $1,227,000 $791,000
2017 $13,344 $1,821,000 $1,110,000 $711,000
2016 $12,417 $1,639,000 $1,015,000 $624,000
2015 $11,962 $1,485,000 $919,000 $566,000
2014 -- $1,367,000 $850,000 $517,000
2013 -- $1,191,000 $782,000 $409,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1466354

Northwest Multiple Listing Service (NWMLS)

APN: 302405-9169