Listed by COMPASS, Bought with Pike Real Estate
$4,250,000
SOLD DEC 16, 2019
5 Beds
3.5 Baths
3,560 Sq Ft
0.53 Acres

Recently Sold

$1,194 Per Sq Ft

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Cape Cod Architecture
  • Lakeridge Elementary School Rated A
  • Lake View
  • Property is near public transit

About This Home

As of December 2020

Welcome to the Beach House on Mercer Island. Every day feels like vacation in this special waterfront home straight from the pages of Coastal Living magazine. Enjoy stunning Mt. Rainier views & sunsets from 100' low-bank, westside waterfront w/ two docks. Great floorplan: 4 upstairs bedrooms & lower level guest suite w/ open main level for entertaining. Charming lakeside cabana w/ bar, living & exercise space. 2014 studs-down remodel, turn-key, private & tranquil. Your life on the lake awaits!

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 10/29/2019

COMPASS

Last Buyer's Agent

Seth Pike

Pike Real Estate License #23486

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1536471

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,138

Year Built

  • Built in 1946

Lot Details

  • 0.53 Acre Lot
  • Low Bank Waterfront Property
  • 100 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • 3 Car Attached Garage
  • Attached Carport

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,560 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Gas Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio
  • Gazebo
  • Outbuilding

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

  • High Speed Internet
  • Cable TV Available

Community Details

  • Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3358500265

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,138

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1946
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Range/Oven,Refrigerator(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cape Cod
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3560
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Range, Refrigerator(s), Washer(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, See Remarks
  • Interior Amenities: Bath Off Primary, Concrete, Double Pane/Storm Window, Dining Room, Fireplace, Skylight(s)
  • Living Area: 3560
  • Main Level Bathrooms: 1
  • Bathrooms: 3.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3560
  • 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: 1
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Range/Oven,Refrigerator(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), See Remarks, Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Low Bank, Lake
  • Waterfront: Yes
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 100

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 3358500265
  • Topography: Level,Partial Slope,Sloped
  • Lot Size Acres: 0.5332
  • Lot Size Sq Ft: 23225
  • Zoning: City
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Dock,High Speed Internet,Moorage,Outbuildings,Patio,Shop
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2019
  • Tax Annual Amount: 22138

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 10, 2020
Sold by
Dowhaniuk Brad
Bought by
Buxton Malcolm E and Buxton Debra
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Joy Roush
Windermere Real Estate/East
List Price
$4,600,000
Sold Price
$4,500,000
Premium/Discount to List
-$100,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Listed on
Oct 29, 2019
Closed on
Dec 10, 2019
Sold by
Dowhaniuk Yolanda
Bought by
Dowhaniuk Brad
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Seth Pike
Pike Real Estate
List Price
$4,250,000
Sold Price
$4,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$2,499,950
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Fagerholm Donald R
Bought by
Gove Brayton L and Gove Morgan P

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
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2001
Sold by
Fagerholm Donald R and Fagerholm Margaret J
Bought by
Fagerholm Donald R and Fagerholm Margaret J
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 Type Sale Price Title Company
Warranty Deed $4,500,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $4,250,000 Fidelity National Title
Warranty Deed $1,490,000 Chicago Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,499,950 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $637,618 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $400,000 Unknown
Previous Owner $400,000 New Conventional
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $13,500,000 +200.0% $2,627 / Sq Ft
12/15/2020 12/15/20 Sold $4,500,000 -2.2% $1,264 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $4,600,000 +8.2% $1,292 / Sq Ft
12/16/2019 12/16/19 Sold $4,250,000 0.0% $1,194 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $4,250,000 -- $1,194 / 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 $39,204 $5,988,000 $3,751,000 $2,237,000
2023 $35,326 $5,132,000 $3,539,000 $1,593,000
2022 $30,784 $5,740,000 $3,982,000 $1,758,000
2021 $29,548 $4,181,000 $3,278,000 $903,000
2020 $23,768 $3,692,000 $3,122,000 $570,000
2018 $24,673 $2,946,000 $2,314,000 $632,000
2017 $20,835 $2,844,000 $2,225,000 $619,000
2016 $16,167 $2,560,000 $2,034,000 $526,000
2015 $15,581 $1,934,000 $1,841,000 $93,000
2014 -- $1,781,000 $1,702,000 $79,000
2013 -- $1,817,000 $1,769,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1536471

Northwest Multiple Listing Service (NWMLS)

APN: 335850-0265