NOT LISTED FOR SALE

Estimated Value: $6,220,483 - $6,997,000

4 Beds
1 Bath
5,506 Sq Ft
$1,223/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $3,800,000 $690 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $40,815/month

158 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Fruit Trees
  • Lakeridge Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of January 2017

Luxurious Mercer Island Waterfront home. Built in 2000 and recently updated by Beckes Homes, the property has top of the line finishes with master craftsmanship throughout. The gourmet kitchen opens to the great room with spectacular Mt. Rainier and Lake views. Nano doors provide seamless passage to the large deck, perfect for entertaining. A spa-like master suite, den, billiard room and wine cellar are only some of the features. 62' of waterfront with dock, and fire pit. An exceptional home!

Last Agent to Sell the Property

Tim Conway

John L. Scott, Inc. License #5506 Listed on: 07/08/2016

John L. Scott, Inc.

Last Buyer's Agent

Shiehyung Wang

Best Choice Network LLC License #112008

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM962029

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,524

Year Built

  • Built in 2000

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is zoned R8.4

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Tile Roof
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 4 Fireplaces
  • Ceramic Tile Flooring
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South End Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 3124059039

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,524

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Homebuilder: Beckes Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Hot Tub/Spa, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5506
  • Square Footage Finished: 5506

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake, Mountain
  • Waterfront: Bank-Low
  • Waterfront Frontage: 62

Garage/Parking

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

Utilities

  • Heating And Cooling: Heat Pump, Radiant, Hot Water Recirc Pump
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: basement-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End
  • Community Features: Ccrs

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: 12464
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Sloped, Terraces
  • Parcel Number: 3124059039
  • Zoning Code: R8.4
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Sloped, Terraces

Tax Info

  • Tax Amount: 33015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Jan 24, 2017
Sold by
Anderson Mark F and Anderson Susan E
Bought by
Zhang Congren and Liu Xiao Fang
Seller's Agent
Tim Conway
John L. Scott, Inc.
Buyer's Agent
Shiehyung Wang
Best Choice Network LLC
List Price
$4,688,000
Sold Price
$3,800,000
Premium/Discount to List
-$888,000
-18.94%
Current Estimated Value
$6,735,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,935,494
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Aug 11, 2000
Sold by
Beckes Robert Eric and Beckes Carolyn
Bought by
Anderson Mark F and Anderson Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.87%

Purchase Details

Closed on
Apr 13, 1999
Sold by
Fager Daniel N
Bought by
Beckes Robert Eric and Beckes Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.1%
Source: Public Records

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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
Zhang Congren $3,800,000 Fidelity National Title
Anderson Mark F $2,925,000 Transnation Title Insurance
Beckes Robert Eric $697,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Mark F $1,000,000
Previous Owner Anderson Mark F $1,000,000
Previous Owner Anderson Mark F $750,000
Previous Owner Beckes Robert Eric $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2017 01/30/17 Sold $3,800,000 -9.5% $690 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
10/19/2016 10/19/16 Price Changed $4,200,000 -10.4% $763 / Sq Ft
07/08/2016 07/08/16 For Sale $4,688,000 -- $851 / 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 $39,524 $6,037,000 $2,956,000 $3,081,000
2023 $39,027 $5,670,000 $2,789,000 $2,881,000
2022 $34,890 $6,341,000 $3,138,000 $3,203,000
2021 $33,483 $4,739,000 $2,583,000 $2,156,000
2020 $32,664 $4,184,000 $2,460,000 $1,724,000
2018 $42,032 $4,248,000 $2,414,000 $1,834,000
2017 $35,492 $4,100,000 $2,322,000 $1,778,000
2016 $33,015 $4,362,000 $2,123,000 $2,239,000
2015 $31,804 $3,951,000 $1,922,000 $2,029,000
2014 -- $3,637,000 $1,777,000 $1,860,000
2013 -- $3,348,000 $1,691,000 $1,657,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM962029

Northwest Multiple Listing Service (NWMLS)

APN: 312405-9039