NOT LISTED FOR SALE

Estimated Value: $1,710,000 - $2,365,000

3 Beds
1 Bath
2,400 Sq Ft
$897/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $1,240,000 $517 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $12,851/month

3 Days on Market

Highlights

  • Lake View
  • Wooded Lot
  • 2 Fireplaces
  • Lakeridge Elementary School Rated A
  • Wood Flooring
  • Attached Garage

About This Home

As of February 2017

Perched up with breathtaking views of Lake Washington. One of kind lot is very private and park like. This home has great bones and features banks of windows, vaulted ceilings, tongue and groove ceilings and more! Bring your tool belt and imagination and create some instant sweat equity and one of the most desirable neighborhoods in the area! Home sold as-is.

Last Listed By

James Dainard

Heaton Dainard, LLC License #108050 Listed on: 01/13/2017

Heaton Dainard, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1066970

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 1957

Lot Details

  • Level Lot
  • Wooded Lot
  • Garden

Property Views

  • Lake
  • Mountain

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 0321100220

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,000

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Bath Off Master, Dining Room, French Doors, Skylights, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Partially Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2800
  • Square Footage Finished: 2400

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Composition
  • View: Lake, Mountain

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 21905
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 0321100220
  • Lot Topography: Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 7839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 23, 2017
Sold by
Razor Investments Llc
Bought by
Zhang Yijun
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
Harry Eng
John L. Scott, Inc
List Price
$1,195,000
Sold Price
$1,240,000
Premium/Discount to List
$45,000
3.77%
Total Days on Market
3
Current Estimated Value
$2,152,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,719
Avg. Annual Appreciation
7.09%
Original Mortgage
$592,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2016
Sold by
Lopez Rena J and Forkey Jack L
Bought by
Razor Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,787
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Massoudi Bahram
Bought by
Forkey Jack L and Lopez Rena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,900
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1994
Sold by
Andersen James H
Bought by
Massoudi Bahram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.21%

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
Zhang Yijun $1,240,000 Fidelity Natio
Razor Investments Llc $1,000,000 Fidelity Natio
Forkey Jack L $799,900 Chicago Title
Massoudi Bahram $305,000 Transamerica Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yijun $548,250
Closed Zhang Yijun $592,250
Previous Owner Razor Investments Llc $928,787
Previous Owner Forkey Jack L $200,000
Previous Owner Forkey Jack L $639,900
Previous Owner Massoudi Bahram $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2017 02/27/17 Sold $1,240,000 +3.8% $517 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $1,195,000 -- $498 / 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 $11,000 $1,678,000 $1,374,000 $304,000
2023 $11,068 $1,606,000 $1,297,000 $309,000
2022 $9,900 $1,797,000 $1,459,000 $338,000
2021 $9,728 $1,343,000 $1,201,000 $142,000
2020 $10,271 $1,214,000 $1,144,000 $70,000
2018 $9,967 $1,272,000 $917,000 $355,000
2017 $8,423 $1,148,000 $830,000 $318,000
2016 $7,839 $1,034,000 $759,000 $275,000
2015 $7,556 $937,000 $687,000 $250,000
2014 -- $863,000 $635,000 $228,000
2013 -- $754,000 $577,000 $177,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1066970

Northwest Multiple Listing Service (NWMLS)

APN: 032110-0220