NOT LISTED FOR SALE

Estimated Value: $2,639,000 - $2,893,000

4 Beds
3.5 Baths
3,897 Sq Ft
$703/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $2,798,888 $718 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $16,474/month

5 Days on Market

Highlights

  • Lake View
  • Craftsman Architecture
  • Property is near public transit
  • Island Park Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of June 2023

Nestled on over 1/3 acre of lushly landscaped grounds, this home offers exquisite craftsmanship and all the right spaces to relax or entertain. A 2-story foyer & elegant gathering spaces flow to the great room with inviting river rock fireplace, soaring ceiling & dramatic windows. Explore culinary delights in the gorgeous granite/stainless kitchen with island, high-end appliances & butler’s pantry. Owner’s suite features 5-piece bath & dream walk-in closet, plus dressing room! Home office & powder room (near entry) are ideal for welcoming clients professionally. Recent upgrades include new furnace, central A/C Unit, bathroom remodel, top quality roof. Ideally located close to the library, top-rated schools, parks, trails, highway access.

Last Listed By

Rachel Findlay

Windermere Mercer Island License #78682 Listed on: 05/03/2023

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2062151

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,057

Year Built

  • Built in 1998

Lot Details

  • 0.35 Acre Lot
  • East Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Limited

Home Design

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

Interior Spaces

  • 3,897 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Triple Pane Windows
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Schools

  • Island Park Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Generator Hookup
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Built by First Edition
  • Mid Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7700100005

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,057

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1998
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3897
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: true
  • Special Features: None
  • Cumulative Days on Market: 701

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Security System, Skylight(s), Triple Pane Windows, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wired for Generator, Water Heater
  • Living Area: 3897
  • Bathrooms: 3.5
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3897
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 3
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Partial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: First Edition
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: XFinity
  • InternetConnected: 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: 7700100005
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.3526
  • Lot Size Sq Ft: 15358
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Appraisal

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 13057

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Island Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
May 25, 2023
Sold by
Chou Kevin Shih-Chun and Chou Kim
Bought by
Yuan Yi and Li Yuan
Seller's Agent
Rachel Findlay
Windermere Mercer Island
Buyer's Agent
James Laurie
Coldwell Banker Bain
List Price
$2,798,888
Sold Price
$2,798,888
Total Days on Market
5
Views
30
Current Estimated Value
$2,740,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,781
Avg. Annual Appreciation
-1.11%
Original Mortgage
$2,200,000
Outstanding Balance
$2,151,909
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$588,198

Purchase Details

Closed on
Nov 15, 2011
Sold by
Piha Stanley V and Piha Valerie G
Bought by
Chou Kevin Shih Chun and Chou Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$887,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1999
Sold by
First Edition Homes Inc
Bought by
Piha Stanley and Piha Valerie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.77%

Purchase Details

Closed on
Jan 12, 1999
Sold by
First Edition Homes Inc
Bought by
Piha Stanley and Piha Valerie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.77%

Purchase Details

Closed on
Jun 9, 1997
Sold by
Woodruff Iris
Bought by
First Edition Homes Inc

Range of Values:

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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
Yuan Yi $2,798,888 Commonwealth Land Title
Chou Kevin Shih Chun $1,267,500 First American
Piha Stanley $907,266 First American Title Ins Co
First Edition Homes Inc $450,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan Yi $2,200,000
Previous Owner Chou Kevin Shih Chun $882,500
Previous Owner Chou Kevin Shih Chun $123,000
Previous Owner Chou Kevin Shih Chun $887,250
Previous Owner Piha Stanley $350,000
Previous Owner Piha Stanley $300,000
Previous Owner Piha Stanley $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $2,798,888 0.0% $718 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $2,798,888 -- $718 / 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 $14,514 $2,215,000 $1,306,000 $909,000
2023 $14,551 $2,120,000 $1,233,000 $887,000
2022 $13,057 $2,371,000 $1,388,000 $983,000
2021 $13,087 $1,772,000 $1,143,000 $629,000
2020 $14,644 $1,634,000 $1,089,000 $545,000
2018 $14,207 $1,814,000 $917,000 $897,000
2017 $12,002 $1,637,000 $830,000 $807,000
2016 $11,164 $1,474,000 $759,000 $715,000
2015 $10,756 $1,335,000 $687,000 $648,000
2014 -- $1,229,000 $635,000 $594,000
2013 -- $965,000 $563,000 $402,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2062151

Northwest Multiple Listing Service (NWMLS)

APN: 770010-0005