Listed by Berkshire Hathaway HS NW, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Estimated Value: $2,317,751 - $2,740,000

5 Beds
3 Baths
3,400 Sq Ft
$723/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $2,345,000 $690 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $13,888/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Lake View
  • Vaulted Ceiling
  • Lakeridge Elementary School Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of October 2024

Incredible Lk Washington & Mt. Rainier views from this 5-bed, 3-bath Mid-Century home located on a premier street just steps from coveted MI Beach Club. This property boasts a large view lot w/ endless potential, including future ADU & DADU possibilities. W/ solid wood bones, this home is ready for your vision & upgrades to transform it into the perfect island retreat. Enjoy the quiet neighborhood while being close to parks, top rated schools, I-90, light-rail & all the amenities island life has to offer. Whether you're looking to renovate or build new, this property offers a rare opportunity to create a dream home w/ breathtaking views & unbeatable location. Don’t miss your chance to own a piece of Mercer Island Real Estate.

Last Agent to Sell the Property

Colin McCabe

Berkshire Hathaway HS NW License #98218 Listed on: 10/04/2024

Berkshire Hathaway HS NW

Last Buyer's Agent

Lisa Novak

Windermere Real Estate/East License #123051

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2294485

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,072

Year Built

  • Built in 1957

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 70x260
  • Garden
  • Value in Land

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Walk-In Pantry
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

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

  • Baseboard Heating
  • Radiant Heating System
  • Hot Water Circulator
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Beach Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0321100090

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,072

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1957
  • Buyer Agency Compensation: 2
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3400
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Stone, Carpet
  • Interior Amenities: Bath Off Primary, Dining Room, Fireplace, Hardwood, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet
  • Living Area: 3400
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • BathsFullMain: 2
  • SquareFootageFinished: 3400
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Torch Down
  • View: Lake, Mountain(s), See Remarks
  • Lot Features: Value In Land
  • Pool Features: Community
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • PoolType: Community
  • BusRouteNumber: 204 & Light-Rail
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage, Off Street, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water Recirc Pump, Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of MI
  • WaterCompany: City of MI
  • CableConnected: Xfinity

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: 0321100090
  • Land Lease: No
  • Lot Size Acres: 0.4172
  • Lot Size: 70x260
  • Lot Size Sq Ft: 18172
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio,RV Parking,Shop
  • MLSLotSizeSource: KCR

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 12072

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Oct 21, 2024
Sold by
Morgan Anne Catherine
Bought by
Wishwas Koushik Living Trust and Koushik
Seller's Agent
Colin McCabe
Berkshire Hathaway HS NW
Buyer's Agent
Lisa Novak
Windermere Real Estate/East
List Price
$2,199,000
Sold Price
$2,345,000
Premium/Discount to List
$146,000
6.64%
Views
9
Current Estimated Value
$2,457,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,438
Avg. Annual Appreciation
4.27%
Original Mortgage
$1,876,000
Outstanding Balance
$1,853,516
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$603,922

Purchase Details

Closed on
Mar 3, 2024
Sold by
Morgan John E
Bought by
Morgan Anne Catherine
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
Wishwas Koushik Living Trust $2,345,000 None Listed On Document
Morgan Anne Catherine $313 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wishwas Koushik Living Trust $1,876,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $2,345,000 +6.6% $690 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $2,199,000 -- $647 / 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 $11,995 $1,830,000 $1,471,000 $359,000
2023 $12,072 $1,752,000 $1,388,000 $364,000
2022 $10,798 $1,960,000 $1,562,000 $398,000
2021 $10,608 $1,465,000 $1,286,000 $179,000
2020 $11,660 $1,324,000 $1,225,000 $99,000
2018 $11,311 $1,444,000 $1,264,000 $180,000
2017 $9,553 $1,303,000 $1,143,000 $160,000
2016 $8,892 $1,173,000 $1,045,000 $128,000
2015 $8,570 $1,063,000 $946,000 $117,000
2014 -- $979,000 $875,000 $104,000
2013 -- $884,000 $732,000 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2294485

Northwest Multiple Listing Service (NWMLS)

APN: 032110-0090