$2,731,500
SOLD NOV 15, 2019
5 Beds
1 Bath
4,810 Sq Ft
0.45 Acres

Recently Sold

$568 Per Sq Ft

15% Below List Price

284 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Lakeridge Elementary School Rated A
  • Northwest Architecture
  • 3 Fireplaces

About This Home

As of September 2023

Stunning western Lake Washington views and waterfront too! The perfect combination with 89 feet of Lake Washington frontage with a dock. This custom built home has soaring ceilings in the living room, a luxurious master suite which is a lovely retreat and a spacious chef's kitchen that adjoins the family room. The home is oriented to provide expansive views from almost all rooms. The lower level features a media/rec and 3 additional bedrooms. Extensive decks for entertaining. 3 car garage.

Last Agent to Sell the Property

Tim Conway

John L. Scott, Inc. License #5506 Listed on: 11/13/2018

John L. Scott, Inc.

Co-Listed By

Petra Walker

John L. Scott, Inc. License #18278

Last Buyer's Agent

Phillip Belenky

Ensemble License #18895

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1381242

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,239

Year Built

  • Built in 1989

Lot Details

  • Street terminates at a dead end
  • Property is zoned R15

Parking

  • Detached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 5451300005

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,239

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Jetted Tub, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Lower Level Bedroom: 3
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Family Room: Main
  • Living Room: Main
  • Estimated Sq Ft: 4810
  • Square Footage Finished: 4810

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain
  • Waterfront: Lake
  • Waterfront Frontage: 89

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End
  • Project: M.I. Park Addition

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 19791
  • Parcel Number: 5451300005
  • Zoning Code: R15
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 24031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 31, 2023
Sold by
Masili Gabriele and Masili Cristina
Bought by
Sharma Abhishek and Sharma Shweta
Seller's Agent
Phillip Belenky
Ensemble
Buyer's Agent
ShopProp Realty
ShopProp Inc.
List Price
$5,185,000
Sold Price
$4,860,000
Premium/Discount to List
-$325,000
-6.27%
Views
111
Current Estimated Value
$5,565,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,732
Avg. Annual Appreciation
3.58%
Original Mortgage
$478,045
Outstanding Balance
$120,972
Interest Rate
6.81%
Estimated Equity
$5,075,249

Purchase Details

Listed on
Nov 13, 2018
Closed on
Nov 7, 2019
Sold by
Stoner Ron K and Stoner Ron K
Bought by
Masili Gabriele and Stievano Cristina
Seller's Agent
Tim Conway
John L. Scott, Inc.
Buyer's Agent
Phillip Belenky
Ensemble
List Price
$3,195,000
Sold Price
$2,731,500
Premium/Discount to List
-$463,500
-14.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.28%
Original Mortgage
$2,185,200
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1986
Sold by
Lundberg Don and Lundberg Norene
Bought by
Stoner Ron
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,860,000 Rainier Title
Warranty Deed $2,731,500 Fidelity National Title
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $478,045 No Value Available
Open $2,868,275 New Conventional
Previous Owner $2,108,877 New Conventional
Previous Owner $2,185,200 New Conventional
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $3,850,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $355,000 Credit Line Revolving
Previous Owner $1,098,813 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $4,860,000 -2.3% $1,010 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $4,975,000 -4.1% $1,034 / Sq Ft
06/30/2023 06/30/23 For Sale $5,185,000 +89.8% $1,078 / Sq Ft
11/15/2019 11/15/19 Sold $2,731,500 -7.4% $568 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $2,950,000 -7.7% $613 / Sq Ft
11/13/2018 11/13/18 For Sale $3,195,000 -- $664 / 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 $30,239 $4,618,000 $2,099,000 $2,519,000
2023 $30,428 $4,420,000 $1,981,000 $2,439,000
2022 $23,838 $4,331,000 $2,229,000 $2,102,000
2021 $22,685 $3,237,000 $1,835,000 $1,402,000
2020 $23,161 $2,834,000 $1,748,000 $1,086,000
2018 $24,031 $2,870,000 $1,678,000 $1,192,000
2017 $20,981 $2,770,000 $1,614,000 $1,156,000
2016 $19,517 $2,578,000 $1,476,000 $1,102,000
2015 $18,806 $2,335,000 $1,336,000 $999,000
2014 -- $2,150,000 $1,235,000 $915,000
2013 -- $1,907,000 $1,381,000 $526,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1381242

Northwest Multiple Listing Service (NWMLS)

APN: 545130-0005