NOT LISTED FOR SALE

Estimated Value: $3,975,000 - $4,874,347

5 Beds
4.5 Baths
4,620 Sq Ft
$954/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $4,100,000 $887 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $26,589/month

Highlights

  • Lake View
  • Craftsman Architecture
  • Deck
  • West Mercer Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling

About This Home

As of August 2021

Custom crafted by top Eastside builder Kim Schademan, this home shines in luxury with exquisite finishes & thoughtful details at every turn. Rustic maple hardwoods flow from the soaring 19ft foyer into an inviting great room that is ideal whether you’re gathering with friends or relaxing by the fireside. Cook for 2 or 20 with pro appliances and leather slab granite & quartz surfaces in the resplendent chef’s kitchen. A slider opens for year-round gatherings on a peaceful covered, heated patio with fireplace, TV and outdoor kitchen. At the end of the day, steal away to your luxurious owner’s suite with sumptuous spa-like bath & dream walk-in closet. Four more bedrooms plus a huge bonus room & main-floor study provide ample flex-space.

Last Agent to Sell the Property

Petra Varney

Windermere Mercer Island License #137205 Listed on: 07/14/2021

Windermere Mercer Island

Last Buyer's Agent

Trish Coy

Windermere Mercer Island License #23018037

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1803462

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,568

Year Built

  • Built in 2016

Lot Details

  • 0.59 Acre Lot
  • Street terminates at a dead end
  • South Facing Home
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Lake
  • City
  • Limited

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,620 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 4 Fireplaces
  • French Doors
  • Dining Room

Kitchen

  • Walk-In Pantry
  • <<doubleOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • High Efficiency Heating System
  • Smart Home Wiring
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Built by Kim Schademan Custom Homes
  • Mercer Island Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 9365700364

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,568

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2016
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Whites Harry E Seattle Acre Tracts
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 4620
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 4
  • Basement: None
  • Appliances: Dishwasher_, Double Oven, Dryer, GarbageDisposal_, Microwave_, RangeOven_, Refrigerator_, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Hardwood, Stone, Carpet
  • Interior Amenities: Forced Air, Central A/C, Tankless Water Heater, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, SMART Wired, Double Pane/Storm Window, Dining Room, FireplaceinMstrBR, French Doors, Security System, Skylight(s), Vaulted Ceiling(s), WalkInPantry, Walk-In Closet(s), FirePlace, Water Heater
  • Living Area: 4620
  • Main Level Bedrooms: 1
  • Bathrooms: 4
  • BathsFullMain: 0
  • FireplacesMain: 3
  • SquareFootageFinished: 4620
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: City, Lake, Partial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: Kim Schademan Custom Homes
  • Direction Faces: South
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very 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: AttachedGarage, Driveway, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecuritySystem, FullyFenced
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of MI
  • WaterCompany: City of MI
  • WaterHeaterLocation: garage
  • WaterHeaterType: Tankless

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: 9365700364
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.5868
  • Lot Size Sq Ft: 25560
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: tax records
  • LotNumber: 24

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 25568

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jul 23, 2021
Sold by
Rogan Paul C and Rogan Kelly M
Bought by
Patel Niraj V and Almeida Noella M
Seller's Agent
Petra Varney
Windermere Mercer Island
Buyer's Agent
Trish Coy
Windermere Mercer Island
List Price
$3,850,000
Sold Price
$4,100,000
Premium/Discount to List
$250,000
6.49%
Current Estimated Value
$4,407,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,587
Avg. Annual Appreciation
1.85%
Original Mortgage
$3,075,000
Outstanding Balance
$2,784,891
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$1,622,696

Purchase Details

Listed on
Feb 17, 2017
Closed on
Jul 21, 2017
Sold by
Kim Schademan Custom Homes Llc
Bought by
Rogan Paul C and Rogan Kelly M
Seller's Agent
Kathy Beckes
Coldwell Banker Danforth
Buyer's Agent
Curtis Brown
Windermere Real Estate/East
List Price
$3,198,000
Sold Price
$2,810,000
Premium/Discount to List
-$388,000
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$1,967,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 2015
Sold by
Bergevin Keith C and Bergevin Joan
Bought by
Kim Schademan Custom Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,060,200
Interest Rate
3.71%
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
Patel Niraj V $4,100,000 Chicago Title Company Of Wa
Rogan Paul C $2,810,000 Cw Title
Kim Schademan Custom Homes Llc $1,050,000 Cw Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Niraj V $3,075,000
Previous Owner Rogan Paul C $1,967,000
Previous Owner Kim Schademan Custom Homes Llc $2,060,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $4,100,000 +6.5% $887 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $3,850,000 +37.0% $833 / Sq Ft
07/25/2017 07/25/17 Sold $2,810,000 -6.3% $646 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/30/2017 05/30/17 Price Changed $2,998,000 -6.3% $690 / Sq Ft
02/17/2017 02/17/17 For Sale $3,198,000 -- $736 / 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 $26,116 $3,988,000 $1,569,000 $2,419,000
2023 $25,687 $3,745,000 $1,481,000 $2,264,000
2022 $23,050 $4,188,000 $1,666,000 $2,522,000
2021 $21,918 $3,130,000 $1,372,000 $1,758,000
2020 $25,568 $2,738,000 $1,307,000 $1,431,000
2018 $20,944 $3,169,000 $974,000 $2,195,000
2017 $8,146 $2,414,000 $639,000 $1,775,000
2016 $8,048 $1,000,000 $585,000 $415,000
2015 $7,757 $962,000 $530,000 $432,000
2014 -- $886,000 $490,000 $396,000
2013 -- $789,000 $555,000 $234,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1803462

Northwest Multiple Listing Service (NWMLS)

APN: 936570-0364