Listed by COMPASS, Bought with RE/MAX Eastside Brokers, Inc.
$492,500
SOLD FEB 26, 2016
2 Beds
1 Bath
1,797 Sq Ft
1981 Built

Recently Sold

$274 Per Sq Ft

5% Below List Price

Highlights

  • Traditional Architecture
  • Wood Siding
  • 4-minute walk to Mercerdale Park
  • West Mercer Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of March 2022

NEWLY UPDATED, rare 1797 sq. ft. 2 story condo located at coveted Landmark Plaza, downtown Mercer Island across from Mercerdale Park. New windows, trash compactor, can lighting throughout, paint, carpet, flooring, laundry & bathroom updates, & MORE went into this major renovation. Features include 2 spacious ensuite bedrooms, powder room on main, large great room with office nook, spacious kitchen, and oversized deck perfect for entertaining! Walkable to downtown, and move in ready!

Last Agent to Sell the Property

Randi Weidner

COMPASS License #27327 Listed on: 11/03/2015

COMPASS

Last Buyer's Agent

Sherry Sahlstrom

RE/MAX Eastside Brokers, Inc. License #17190

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM865738

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,288

Year Built

  • Built in 1981

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 4180500240

Community Details

Overview

  • 35 Units
  • Mercerdale Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,288

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Traditional
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 2.00
  • Lower Level Bedroom: 2
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • 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: Lower
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: within unit & storage locker
  • Storage Number: 29
  • Estimated Sq Ft: 1797

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Carport, Uncovered
  • Parking Space Number: 9, 50

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units in Building: 35
  • HOA Fees: 681
  • Community Name: Mercerdale
  • Project: Landmark Plaza
  • Cats And Dogs: Subj To Restrictions
  • Common Property Features: Cable Tv, Disabled Access, Elevator, Game/Rec Rm, High Speed Int Avail, Lobby Entrance
  • Home Owner Dues Included: Cable Tv, Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service

Schools

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

Lot Info

  • Parcel Number: 4180500240

Tax Info

  • Tax Amount: 3352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 7, 2022
Sold by
Scholl Dennis R
Bought by
Lee Chung-Yi and Lin Ji-Yu
Seller's Agent
Janet Bell
Windermere Mercer Island
Buyer's Agent
Petra Varney
Windermere Mercer Island
List Price
$805,000
Sold Price
$992,000
Premium/Discount to List
$187,000
23.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%
Original Mortgage
$392,000
Outstanding Balance
$369,768
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$660,444

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 11, 2020
Sold by
Flyhomes Investments Wa Llc
Bought by
Scholl Dennis R and Hughes Linda D
Seller's Agent
Sherry Sahlstrom
RE/MAX Eastside Brokers, Inc.
Buyer's Agent
Matt Perrone
eXp Realty
List Price
$739,000
Sold Price
$705,000
Premium/Discount to List
-$34,000
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.55%
Original Mortgage
$528,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2020
Closed on
Oct 28, 2020
Sold by
Johnson Jason M and Johnson Deborah L
Bought by
Flyhomes Investments Wa Llc
Seller's Agent
Sherry Sahlstrom
RE/MAX Eastside Brokers, Inc.
Buyer's Agent
Matt Perrone
eXp Realty
List Price
$739,000
Sold Price
$705,000
Premium/Discount to List
-$34,000
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2015
Closed on
Feb 18, 2016
Sold by
Deutsch Patricia I
Bought by
Johnson Jason M and Blumenthal Deborah L
Seller's Agent
Randi Weidner
COMPASS
Buyer's Agent
Sherry Sahlstrom
RE/MAX Eastside Brokers, Inc.
List Price
$520,000
Sold Price
$492,500
Premium/Discount to List
-$27,500
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$394,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 1987
Sold by
Tan Eric K L and Tan Michiko
Bought by
Deutsch Patricia I
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 Type Sale Price Title Company
Warranty Deed $992,000 Commonwealth Land Title
Warranty Deed $705,000 Chicago Title
Warranty Deed $705,000 First American
Warranty Deed $492,500 Fidelity Natio
Warranty Deed $124,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Previous Owner $528,750 New Conventional
Previous Owner $394,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $995,000 +0.3% $554 / Sq Ft
03/15/2022 03/15/22 Sold $992,000 +23.2% $552 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $805,000 +14.2% $448 / Sq Ft
11/02/2020 11/02/20 Sold $705,000 -4.6% $392 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $739,000 +50.1% $411 / Sq Ft
02/26/2016 02/26/16 Sold $492,500 -5.3% $274 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $520,000 -- $289 / 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 $6,288 $958,000 $210,900 $747,100
2023 $7,435 $1,078,000 $208,300 $869,700
2022 $5,529 $895,000 $203,000 $692,000
2021 $6,624 $749,000 $203,000 $546,000
2020 $6,482 $826,000 $203,000 $623,000
2018 $5,441 $770,000 $203,000 $567,000
2017 $4,462 $626,000 $203,000 $423,000
2016 $4,390 $547,000 $203,000 $344,000
2015 $3,352 $524,000 $203,000 $321,000
2014 -- $382,000 $197,700 $184,300
2013 -- $350,000 $197,700 $152,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM865738

Northwest Multiple Listing Service (NWMLS)

APN: 418050-0240