Listed by Windermere Mercer Island, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $5,773,000 - $7,186,000

4 Beds
6.5 Baths
5,230 Sq Ft
$1,275/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $6,975,000 $1,334 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $38,300/month

4 Days on Market

Highlights

  • 62 Feet of Waterfront
  • Docks
  • Spa
  • Lakeridge Elementary School Rated A
  • Second Kitchen
  • Lake View

About This Home

As of May 2022

Destination Avalon. Southern exposure waterfront in an enclave of outdoor enthusiasm. Turn key stunner with every amenity. Soaring, open great room main floor, dramatic full-length windows and full width deck designed to showcase Avalon’s impressive views. Genius design means best for all. Upstairs, the luxurious primary suite, office, and three en-suite bedrooms, two boasting outrageous views. Downstairs the ultimate in game/media rooms, a beach bath and deck with an immense hot tub. Expansive level lakeside lawn and patio. Beachside cabana with lux kitchenette, walk up bar, shower accommodates effortless outdoor entertaining. 65’ and 25’ slips befitting the commodore. This is lakeside living!

Last Agent to Sell the Property

Larry Williams

Windermere Mercer Island License #74738 Listed on: 05/09/2022

Windermere Mercer Island

Co-Listed By

Julie Wilson

Windermere Mercer Island License #114704

Last Buyer's Agent

Kelly Weisfield

COMPASS License #109428

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1929083

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,676

Year Built

  • Built in 1954

Lot Details

  • 0.39 Acre Lot
  • 62 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Zoning described as R8.4

Parking

  • 3 Car Detached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 5,230 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • 3 Fireplaces
  • French Doors
  • Dining Room
  • Finished Basement

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Gazebo

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Beach Club Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 3124059030

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,676

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1954
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5230
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 3
  • Basement: Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Marble, Stone, Carpet
  • Interior Amenities: Forced Air, Ductless HP-Mini Split, Wall to Wall Carpet, Second Kitchen, Wet Bar, Wired for Generator, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Water Heater
  • Living Area: 5230
  • BathsFullMain: 0
  • SquareFootageFinished: 5230
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 2
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 3
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bulkhead, Lake, No Bank
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 62+/-

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Ductless HP-Mini Split,Forced Air
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Off gym
  • WaterHeaterType: Gas Boiler
  • CableConnected: Choice
  • InternetConnected: Choice

Condo/Co-op/Association

  • 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: 3124059030
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.3933
  • Lot Size: ~60' x ~290'
  • Lot Size Sq Ft: 17131
  • Zoning Description: R8.4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Dock,Electric Car Charging,Fenced-Fully,Gas Available,High Speed Internet,Hot Tub/Spa,Irrigation,Moorage,Patio,Shop,Sprinkler System
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • LotNumber: 19

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 29676

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
May 17, 2022
Sold by
Ott Andrew J and Deputy Christine
Bought by
Janes Cameron Stanley and Janes Michele
Seller's Agent
Larry Williams
Windermere Mercer Island
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$6,250,000
Sold Price
$6,975,000
Premium/Discount to List
$725,000
11.6%
Current Estimated Value
$6,669,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$305,135
Avg. Annual Appreciation
-1.26%
Original Mortgage
$4,170,000
Outstanding Balance
$3,963,175
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$2,706,690

Purchase Details

Listed on
Mar 27, 2015
Closed on
May 22, 2015
Sold by
Robinson William T and Robinson Katia R
Bought by
Ott Andrew J and Ott Christine F Deputy
Seller's Agent
Larry Williams
Windermere Mercer Island
Buyer's Agent
Kelly Cash
Windermere R.E. Wall St. Inc.
List Price
$3,488,000
Sold Price
$3,450,000
Premium/Discount to List
-$38,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$1,950,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1985
Sold by
Lynch Relocation Management In
Bought by
Robinson William T and Robinson Katia R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Janes Cameron Stanley $6,975,000 Chicago Title
Ott Andrew J $3,450,000 Chicago Title
Robinson William T $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janes Cameron Stanley $4,170,000
Previous Owner Ott Andrew J $1,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $6,975,000 +11.6% $1,334 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $6,250,000 +81.2% $1,195 / Sq Ft
06/01/2015 06/01/15 Sold $3,450,000 -1.1% $623 / Sq Ft View Prior Sale
04/14/2015 04/14/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $3,488,000 -- $629 / 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 $39,845 $6,086,000 $2,904,000 $3,182,000
2023 $39,344 $5,716,000 $2,740,000 $2,976,000
2022 $30,850 $6,392,000 $3,083,000 $3,309,000
2021 $29,676 $4,190,000 $2,538,000 $1,652,000
2020 $28,702 $3,708,000 $2,418,000 $1,290,000
2018 $31,245 $3,732,000 $2,284,000 $1,448,000
2017 $26,943 $3,602,000 $2,197,000 $1,405,000
2016 $25,063 $3,311,000 $2,009,000 $1,302,000
2015 $24,147 $2,999,000 $1,819,000 $1,180,000
2014 -- $2,761,000 $1,682,000 $1,079,000
2013 -- $2,269,000 $1,738,000 $531,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1929083

Northwest Multiple Listing Service (NWMLS)

APN: 312405-9030