$1,495,000
SOLD JUL 16, 2015
5 Beds
3 Baths
3,600 Sq Ft
0.33 Acres

Recently Sold

$415 Per Sq Ft

6% Below List Price

31 Days on Market

Highlights

  • Lake View
  • Traditional Architecture
  • 2 Fireplaces
  • Lakeridge Elementary School Rated A
  • Wood Flooring
  • Double Oven

About This Home

As of April 2022

The only thing that could be better than living in The Lakes, is living int THIS HOUSE in The Lakes! Gorgeous, sunny lakeside living at its best. Resort style setting that is picture perfect and enhanced by a graceful and elegant home that has been beautifully updated. The kitchen is open to the family room with new custom cabinetry, farm sink, slab stone, hardwoods and a built in fridge. Master suite looks like a page from Restoration Hardware! Learn to ride a bike kind of neighborhood.

Last Agent to Sell the Property

Lou Glatz

John L. Scott, Inc. License #40375 Listed on: 04/13/2015

John L. Scott, Inc.

Co-Listed By

Lori Holden

John L. Scott, Inc. License #24368

Last Buyer's Agent

Michael Fleming

Windermere Mercer Island License #25921

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM768791

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,805

Year Built

  • Built in 1987

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • 2 Fireplaces
  • Patio
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 4141000270

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,805

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • Homebuilder: Buchan
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Security System, Skylights, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3600
  • Square Footage Finished: 3600

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Lake, Territorial
  • Waterfront: No Bank

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Heater: Storage Room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100
  • Community Name: The Lakes
  • Project: The Lakes
  • Community Features: Ccrs

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 14244
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 4141000270
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 9568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 14, 2022
Sold by
Weitz Brad J and Weitz Kimberly T
Bought by
Liao Ying and Zhang Yue
Seller's Agent
Loren Ellingson
Redfin
Buyer's Agent
Robert Yang
Coldwell Banker Bain
List Price
$2,850,000
Sold Price
$3,520,000
Premium/Discount to List
$670,000
23.51%
Current Estimated Value
$3,221,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$298,828
Avg. Annual Appreciation
-2.69%
Original Mortgage
$2,640,000
Outstanding Balance
$2,473,009
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$748,163

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jul 9, 2015
Sold by
Alterman Kenneth W and Alterman Jennifer S
Bought by
Weitz Brad J and Weitz Kimberly T
Seller's Agent
Lou Glatz
John L. Scott, Inc.
Buyer's Agent
Michael Fleming
Windermere Mercer Island
List Price
$1,595,000
Sold Price
$1,495,000
Premium/Discount to List
-$100,000
-6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$1,193,200
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1995
Sold by
Liaw Fwo Tzor and Liaw Lai Su Shen
Bought by
Alterman Kenneth W and Alterman Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.25%
Source: Public Records

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Range of Values:

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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 $3,520,000 First American Title
Warranty Deed $1,491,500 Fidelity Natio
Warranty Deed $530,000 Evergreen Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,640,000 New Conventional
Closed $0 Credit Line Revolving
Previous Owner $1,106,000 New Conventional
Previous Owner $1,193,200 New Conventional
Previous Owner $258,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $424,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $3,520,000 +23.5% $978 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $2,850,000 +90.6% $792 / Sq Ft
07/16/2015 07/16/15 Sold $1,495,000 -6.3% $415 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $1,595,000 -- $443 / 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 $17,805 $2,718,000 $1,410,000 $1,308,000
2023 $17,523 $2,553,000 $1,331,000 $1,222,000
2022 $15,611 $2,856,000 $1,498,000 $1,358,000
2021 $14,983 $2,119,000 $1,233,000 $886,000
2020 $14,636 $1,871,000 $1,175,000 $696,000
2018 $12,950 $1,813,000 $917,000 $896,000
2017 $11,310 $1,492,000 $830,000 $662,000
2016 $10,521 $1,389,000 $759,000 $630,000
2015 -- $1,258,000 $687,000 $571,000
2014 -- $1,158,000 $635,000 $523,000
2013 -- $1,047,000 $594,000 $453,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM768791

Northwest Multiple Listing Service (NWMLS)

APN: 414100-0270