NOT LISTED FOR SALE

Estimated Value: $2,715,000 - $3,325,000

5 Beds
3.5 Baths
3,970 Sq Ft
$749/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $2,850,000 $718 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $17,827/month

4 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • Territorial View
  • Island Park Elementary School Rated A
  • Secluded Lot
  • 3-minute walk to Groveland Beach Park

About This Home

As of July 2024

Nestled in the trees just up from Groveland Beach Park sits 8020 SE 59th St, a contemporary Mercer Island retreat. Lush landscape welcomes you in from the private dead-end street and sets the tone for the sizable yet cozy spaces inside. Coming in at just under 4,000 square feet, 5 bedrooms and 3.5 baths, and three large entertaining areas, this home has it all. The open kitchen/fam room is the clear heart of the home: inviting and alluring while cozy and warm. Large windows bathe the interior in natural light while the expansive entertaining deck provides a great outlook over the secluded, flat back yard. Brand new roof and fantastic 3 car garage with storage throughout. Short drive to shopping/restaurants and I-90.

Last Agent to Sell the Property

Shavic Jones

Windermere Real Estate Co. License #17224 Listed on: 05/30/2024

Windermere Real Estate Co.

Co-Listed By

Jason Jaber

Windermere Real Estate Co. License #127273

Last Buyer's Agent

Ting Chen

Kelly Right RE of Seattle LLC License #112988

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2242232

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,586

Year Built

  • Built in 1997

Lot Details

  • 9,360 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in good condition

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,970 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 3 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views
  • Finished Basement

Kitchen

  • <<doubleOvenToken>>
  • Stove
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • <<bathWSpaHydroMassageTubToken>>

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Mercer Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1574100240

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,586

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1997
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,DoubleOven,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3970
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 375

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Jetted Tub, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Fireplace
  • Living Area: 3970
  • Main Level Bathrooms: 1
  • Bathrooms: 3.5
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3970
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecuritySystem, FullyFenced
  • Cooling: Central A/C, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Mercer Island
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1574100240
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2149
  • Lot Size Sq Ft: 9360
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Irrigation,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 18586

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 5, 2024
Sold by
Haley Family Trust and Haley Graff Tyler
Bought by
Li Peng and Chen Qing
Seller's Agent
Shavic Jones
Windermere Real Estate Co.
Buyer's Agent
Ting Chen
Kelly Right RE of Seattle LLC
List Price
$2,750,000
Sold Price
$2,850,000
Premium/Discount to List
$100,000
3.64%
Views
8
Current Estimated Value
$2,974,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,354
Avg. Annual Appreciation
4.36%
Original Mortgage
$1,850,000
Outstanding Balance
$1,833,869
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,140,485

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 7, 2022
Sold by
Tomaselli David and Tomaselli Rachel
Bought by
Haley Family Trust
Seller's Agent
Bonnie Beddall
RE/MAX Metro Realty, Inc.
Buyer's Agent
Julie Billett
Windermere R.E. Northeast, Inc
List Price
$3,075,000
Sold Price
$2,780,000
Premium/Discount to List
-$295,000
-9.59%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$700,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jul 6, 2015
Sold by
Larus James R and Stone Diana L
Bought by
Tomaselli David and Tomaselli Rachel
Seller's Agent
Julie Green
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Bonnie Beddall
RE/MAX Metro Realty, Inc.
List Price
$1,550,000
Sold Price
$1,495,000
Premium/Discount to List
-$55,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$785,000
Interest Rate
3.39%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 1998
Sold by
Newhall James J and Newhall Jeanine M
Bought by
Larus James R and Stone Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.17%

Purchase Details

Closed on
Jun 30, 1997
Sold by
University California Davis Foundation
Bought by
Newhall James J and Newhall Jeanine M

Purchase Details

Closed on
May 29, 1997
Sold by
Powell Clermont S and Powell Ellen D
Bought by
University Of California Davis Foundatio
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 Buyer Sale Price Title Company
Li Peng $2,850,000 Cw Title
Haley Family Trust $2,780,000 Wfg National Title Company Of
Tomaselli David $1,475,000 Stewart Title
Larus James R $825,000 Chicago Title Insurance
Newhall James J $225,500 Chicago Title Insurance Co
University Of California Davis Foundatio -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Peng $1,850,000
Previous Owner Haley Family Trust $700,000
Previous Owner Tomaselli David $785,000
Previous Owner Larus James R $175,000
Closed Larus James R $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $2,850,000 +3.6% $718 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $2,750,000 -1.1% $693 / Sq Ft
11/09/2022 11/09/22 Sold $2,780,000 -4.1% $700 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $2,900,000 -5.7% $730 / Sq Ft
09/15/2022 09/15/22 For Sale $3,075,000 +105.7% $775 / Sq Ft
07/21/2015 07/21/15 Sold $1,495,000 -3.5% $377 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $1,550,000 -- $390 / 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 $16,798 $2,564,000 $1,099,000 $1,465,000
2023 $16,586 $2,408,000 $1,037,000 $1,371,000
2022 $14,831 $2,693,000 $1,167,000 $1,526,000
2021 $14,239 $2,013,000 $961,000 $1,052,000
2020 $14,478 $1,778,000 $916,000 $862,000
2018 $14,051 $1,794,000 $722,000 $1,072,000
2017 $12,270 $1,619,000 $653,000 $966,000
2016 $11,414 $1,507,000 $597,000 $910,000
2015 $11,000 $1,365,000 $541,000 $824,000
2014 -- $1,257,000 $500,000 $757,000
2013 -- $983,000 $538,000 $445,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2242232

Northwest Multiple Listing Service (NWMLS)

APN: 157410-0240