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

Estimated Value: $3,785,000 - $4,646,000

5 Beds
4.5 Baths
3,832 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $3,500,000 $913 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $23,339/month

148 Days on Market

Highlights

  • Waterfront Community
  • New Construction
  • Territorial View
  • Northwood Elementary School Rated A
  • Property is near public transit
  • Vaulted Ceiling

About This Home

As of March 2023

This extraordinary new construction home was crafted by renowned builder, American Classic Homes, and offers 3,832 square feet of living space including a 411 square foot attached ADU/main floor guest suite plus 4 additional bedrooms on the upper floor. The main floor features 10’ ceilings, stunning gourmet kitchen, dining room with butler's pantry and oversized great room that leads to the spacious covered rear deck. Enjoy the generous 9,386 square foot level lot (.22 acre) plus the private community beach, Mercer Beach Park Club, which features a sandy beach, massive dock with day moorage, diving board and slide, level lawn area plus built-in BBQ. Home is now complete and landscaping will be in place by the end of January.

Last Agent to Sell the Property

David Eastern

Windermere Real Estate/East License #27365 Listed on: 09/07/2022

Windermere Real Estate/East

Last Buyer's Agent

David Hogan

Windermere Real Estate/East License #92543

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1992997

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,627

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 9,386 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Territorial
  • Limited

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,832 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Dining Room
  • Storm Windows

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Smart Home Wiring
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • ADU includes 1 Bathroom
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 5449300057

Community Details

Overview

  • No Home Owners Association
  • Built by American Classic Homes
  • North End Subdivision

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,627

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2022
  • Inclusions: Dishwasher,DoubleOven,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Mercer Beach Park Club
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 3832
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-12-08
  • NewConstruction: Under Construction
  • Special Features: NewHome
  • Cumulative Days on Market: 1,032

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Central A/C, Forced Air, Heat Pump, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, SMART Wired, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 3832
  • Main Level Bedrooms: 1
  • Bathrooms: 4
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3832
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Microwave,Refrigerator,Stove/Range
  • ADUBaths: 1

Exterior Features

  • Roof: Composition
  • View: Partial, Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: American Classic Homes
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Community Waterfront/Pvt Beach
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 5449300057
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2155
  • Lot Size Sq Ft: 9386
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Electric Car Charging,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Builder Plans

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 8627

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Northwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Feb 27, 2023
Sold by
Redmond Builders Llc
Bought by
Hogan David and Hogan Nicole
Seller's Agent
David Eastern
Windermere Real Estate/East
Buyer's Agent
David Hogan
Windermere Real Estate/East
List Price
$3,895,000
Sold Price
$3,500,000
Premium/Discount to List
-$395,000
-10.14%
Views
73
Current Estimated Value
$3,860,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,382
Avg. Annual Appreciation
3.79%
Original Mortgage
$2,800,000
Outstanding Balance
$2,711,549
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,119,864

Purchase Details

Closed on
Feb 4, 2021
Sold by
Blumenthal Mark Munro and Blumenthal Patricia Sue
Bought by
Redmond Builders Llc
Source: Public Records

Range of Values:

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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
Hogan David $3,500,000 First American Title
Redmond Builders Llc $1,060,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan David $2,800,000
Previous Owner Redmond Builders Llc $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $3,500,000 -2.6% $913 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
09/29/2022 09/29/22 Price Changed $3,595,000 -7.7% $938 / Sq Ft
09/07/2022 09/07/22 For Sale $3,895,000 -- $1,016 / 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 $24,224 $3,699,000 $1,338,000 $2,361,000
2023 $8,728 $3,474,000 $1,263,000 $2,211,000
2022 $8,627 $1,421,000 $1,421,000 $0
2021 $8,935 $1,170,000 $1,170,000 $0
2020 $8,627 $1,115,000 $1,115,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1992997

Northwest Multiple Listing Service (NWMLS)

APN: 544930-0057