NOT LISTED FOR SALE

Estimated Value: $5,626,000 - $6,352,142

5 Beds
1 Bath
6,044 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $5,360,000 $887 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $36,485/month

14 Days on Market

Highlights

  • Lake View
  • Deck
  • Double Oven
  • Lakeridge Elementary School Rated A
  • 4 Fireplaces
  • Attached Garage

About This Home

As of November 2020

Arrive home to a spectacularly constructed residence found perfectly above the shores of Mercer Islands coveted Southern Point. Originally constructed by renowned builder, Beckes Homes in 2017 & substantially enhanced since. The heart of the 6,000sf home is the chief’s kitchen which pours on Olive Wood floors from the massive slab island onto the view deck & 1,100sf heated covered outdoor living area showcasing the spectacular 180 degree Lake views -from Mt Rainier to the snow capped Olympics.

Last Listed By

Scott Richards

Windermere Real Estate/East License #17884 Listed on: 08/21/2020

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1650407

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,470

Year Built

  • Built in 2017

Lot Details

  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 4 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 141670270

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,470

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: Beckes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Walk In Pantry, Walk-In Closet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 5.25
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 6044
  • Square Footage Finished: 6044

Exterior Features

  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, 90%+ High Efficiency, Tankless Water Heater
  • 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: South End
  • Project: South End

Schools

  • Elementary School: Lakeridge Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 19137
  • Lot Topography Vegetation: Level, Partial Slope, Terraces
  • Parcel Number: 141670270
  • Lot Topography: Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 26628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2022
Sold by
Xu Tingyi
Bought by
Bel Aire Highlands Llc
Total Days on Market
14
Current Estimated Value
$6,063,786

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 20, 2020
Sold by
Lawrence Bernard and Xu Tingyi
Bought by
Xu Tingyi
Seller's Agent
Scott Richards
Windermere Real Estate/East
List Price
$5,500,000
Sold Price
$5,360,000
Premium/Discount to List
-$140,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$5,000,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jan 29, 2017
Closed on
Mar 14, 2017
Sold by
Mukhomadeeva Safiya
Bought by
Debroglio Michael
Seller's Agent
Kathy Beckes
Coldwell Banker Danforth
Buyer's Agent
Vincent Decker
Windermere Real Estate Midtown
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
6.51%
Original Mortgage
$2,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 29, 2017
Closed on
Mar 10, 2017
Sold by
Westview Ventures Llc
Bought by
Debroglio Michael
Seller's Agent
Kathy Beckes
Coldwell Banker Danforth
Buyer's Agent
Vincent Decker
Windermere Real Estate Midtown
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.
Original Mortgage
$2,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 18, 2014
Sold by
Hui Geoffrey S and Hui Lucia G
Bought by
Westview Ventures Llc

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
Xu Tingyi -- Chicago Title
Xu Tingyi $5,360,000 Chicago Title Company Of Wa
Debroglio Michael -- Fidelity Natio
Debroglio Michael $4,250,000 Fidelity Natio
Westview Ventures Llc $875,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Tingyi $5,000,000
Previous Owner Xu Tingyi $3,752,000
Previous Owner Debroglio Michael $1,918,542
Previous Owner Debroglio Michael $1,000,000
Previous Owner Debroglio Michael $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $5,360,000 -2.5% $887 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $5,500,000 +29.4% $910 / Sq Ft
03/24/2017 03/24/17 Sold $4,250,000 0.0% $703 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
01/29/2017 01/29/17 For Sale $4,250,000 -- $703 / 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 $32,470 $4,959,000 $1,652,000 $3,307,000
2023 $32,670 $4,746,000 $1,559,000 $3,187,000
2022 $29,209 $5,308,000 $1,754,000 $3,554,000
2021 $28,700 $3,967,000 $1,444,000 $2,523,000
2020 $28,591 $3,586,000 $1,376,000 $2,210,000
2018 $27,740 $3,544,000 $1,018,000 $2,526,000
2017 $18,003 $3,198,000 $921,000 $2,277,000
2016 $5,023 $2,212,000 $842,000 $1,370,000
2015 $4,862 $600,000 $600,000 $0
2014 -- $555,000 $555,000 $0
2013 -- $504,000 $504,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1650407

Northwest Multiple Listing Service (NWMLS)

APN: 414167-0270