NOT LISTED FOR SALE

Estimated Value: $1,546,000 - $1,917,029

2 Beds
2 Baths
2,448 Sq Ft
0.45 Acres

Last Sold April 10, 2015

Last sale price $892,500 $365 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $10,406/month

109 Days on Market

Highlights

  • Territorial View
  • Modern Architecture
  • Corner Lot
  • West Mercer Elementary School Rated A
  • 2 Fireplaces
  • 3-minute walk to Mercerdale Park

About This Home

As of April 2015

Gracious Penthouse Unit on Mercer Island. Tastefully designed, large, 2448 sq ft on one level. Elevator access to dramatic, glass atrium entry. Luxury master suite with soaking tub, large shower and spacious walk-in closet with built in safe. Family room off the kitchen shares a gas fireplace with the large private den and both open to a deck. Great room with dining area opens on to a larger deck. Light and bright with skylights throughout the unit. Secured parking for 3 cars. A MUST SEE!

Last Listed By

Tim Conway

John L. Scott, Inc. License #5506 Listed on: 11/14/2014

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM714467

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,699

Year Built

  • Built in 1991

Lot Details

  • Cul-De-Sac

Home Design

  • Modern Architecture
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Wall to Wall Carpet
  • Territorial Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 7212500060

Community Details

Overview

  • 6 Units
  • Mercer Island Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,699

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Modern
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage Level
  • Estimated Sq Ft: 2448

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood
  • Roof: Torch Down
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 3
  • Parking Type: Common Garage, Off Street

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Water Heater: Utility Room-Gas

Condo/Co-op/Association

  • Numberof Units in Building: 6
  • Numberof Units In Complex: 6
  • HOA Fees: 836
  • Community Name: Mercer Island
  • Project: Regency Terrece
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Bruce Nahon (425) 828-6623
  • Common Property Features: Cable Tv, Disabled Access, Elevator, High Speed Int Avail, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Security Services, Lawn Service
  • Unit Features: Alarm System, Balcony/Deck/Patio, Disabled Access, End Unit, Insulated Windows, Master Bath, Penthouse, Skylights, Top Floor, Walk-In Closet

Schools

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

Lot Info

  • Lot Details: Corner Lot, Cul-De-Sac
  • Lot Sq Ft: 19799
  • Parcel Number: 7212500060

Tax Info

  • Tax Amount: 4582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2020
Sold by
Hassall Carolyn and Hassall Mark
Bought by
Frame David M and Frame Judith D
Total Days on Market
109
Current Estimated Value
$1,699,757

Purchase Details

Listed on
Nov 14, 2014
Closed on
Apr 7, 2015
Sold by
Tobin Ronald
Bought by
Hassall Mark and Hassall Carolyn
Seller's Agent
Tim Conway
John L. Scott, Inc.
Buyer's Agent
Tim Conway
John L. Scott, Inc.
List Price
$995,000
Sold Price
$892,500
Premium/Discount to List
-$102,500
-10.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$650,000
Interest Rate
3.76%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 1999
Sold by
Ostroff Gerald S and Ostroff Sandra B
Bought by
Tobin Ronald and Tobin Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1993
Sold by
Regency Terrace Development
Bought by
Ostroff Gerald S and Ostroff Sandra B

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
Frame David M $1,435,000 Fidelity National Title
Hassall Mark $892,500 Fidelity Natio
Tobin Ronald $699,000 Transnation Title Insurance
Ostroff Gerald S $416,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hassall Mark $650,000
Previous Owner Tobin Ronald $680,000
Previous Owner Tobin Ronald $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $892,500 -7.5% $365 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/06/2015 02/06/15 Price Changed $965,000 -3.0% $394 / Sq Ft
11/14/2014 11/14/14 For Sale $995,000 -- $406 / 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 $10,699 $1,632,000 $313,700 $1,318,300
2023 $9,629 $1,781,000 $309,500 $1,471,500
2022 $10,106 $1,568,000 $301,200 $1,266,800
2021 $9,568 $1,371,000 $301,200 $1,069,800
2020 $9,197 $1,194,000 $301,200 $892,800
2018 $9,169 $1,156,000 $301,200 $854,800
2017 $7,105 $1,056,000 $301,200 $754,800
2016 $6,419 $872,000 $301,200 $570,800
2015 $6,568 $767,000 $301,200 $465,800
2014 -- $750,000 $292,800 $457,200
2013 -- $501,000 $292,800 $208,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM714467

Northwest Multiple Listing Service (NWMLS)

APN: 721250-0060