NOT LISTED FOR SALE

Estimated Value: $3,548,000 - $4,717,656

6 Beds
5.5 Baths
5,390 Sq Ft
$764/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $4,245,000 $788 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $25,045/month

90 Days on Market

Highlights

  • Wine Cellar
  • New Construction
  • Lake View
  • Lakeridge Elementary School Rated A
  • Two Primary Bedrooms
  • Fireplace in Primary Bedroom

About This Home

As of July 2023

Bask in the breathtaking modern style of this elegant home carefully designed by Ripple Design Studio. Soak in the Lake Washington and Mt Rainier views in your open-concept kitchen with Wolf and Sub-Zero appliances, walk-in pantry, wine cellar, breakfast nook, and formal dining. The look-through fireplace from the living room to the covered patio surrounded in a glass railing system w/ outdoor heating bring the views to you. Wake up with Lake and Mountain views from the primary suite. Enjoy your favorite tunes w/ the central sound system, while the main floor bonus room is prewired for a separate speaker system. 3 car garage, 2 EV chargers, additional parking pads for you and guest. Elevator to provide convenience. Award-winning MI schools.

Last Listed By

Mingfang Lu

Windermere Real Estate/East License #139743 Listed on: 03/01/2023

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2038460

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,322

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.6 Acre Lot
  • Southeast Facing Home
  • Level Lot
  • Sprinkler System
  • Property is in good condition

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial
  • Limited

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Stone Siding
  • Wood Composite

Interior Spaces

  • 5,390 Sq Ft Home
  • Multi-Level Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Wine Cellar
  • Dining Room
  • Home Security System
  • Dryer
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Microwave
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Radiant Heating System
  • Generator Hookup
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Built by LUXWEST
  • East Mercer Subdivision

Listing and Financial Details

  • Legal Lot and Block 6-7-8 / 3
  • Assessor Parcel Number 0321100141

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,322

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 2023
  • Inclusions: Dryer,GarbageDisposal,Microwave
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: AVALON PARK ADD
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • CalculatedSquareFootage: 5390
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-03-01
  • NewConstruction: Completed
  • Special Features: 4098
  • Cumulative Days on Market: 586

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dryer, Disposal, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Ceramic Tile, Wet Bar, Second Primary Bedroom, Wine Cellar, Wired for Generator, Built-In Vacuum, Elevator, Dining Room, Fireplace (Primary Bedroom), French Doors, Security System, Walk-In Pantry, Walk-In Closet(s), Fireplace
  • Living Area: 5390
  • Main Level Bedrooms: 1
  • Bathrooms: 5.25
  • BathsFullMain: 1
  • SquareFootageFinished: 5390
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 3
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 5
  • AppliancesIncluded: Dryer,Garbage Disposal,Microwave
  • FireplacesUpper: 2
  • NWM_NumberOfBathtubs: 4
  • NWM_NumberOfShowers: 5

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Partial, Territorial
  • View: Yes
  • Waterfront: No
  • Builder Name: LUXWEST
  • Direction Faces: Southeast
  • Exterior Features: Stone, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: 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: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C, High Efficiency (Unspecified)
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Radiant, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: CITY OF MERCER ISLAND
  • WaterCompany: CITY OF MERCER ISLAND
  • 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: 0321100141
  • Topography: Level,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.5981
  • Lot Size Sq Ft: 26053
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Electric Car Charging,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City
  • LotNumber: 6-7-8

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 22322.17
  • AdditionalTaxIds: 032110-0141

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Jul 11, 2023
Sold by
New Horizon Real Estate Development Llc
Bought by
Tran Thi and Kumley Emma
Seller's Agent
Mingfang Lu
Windermere Real Estate/East
Buyer's Agent
Daniel Gottesman
Engel & Voelkers Mercer Island
List Price
$4,750,000
Sold Price
$4,245,000
Premium/Discount to List
-$505,000
-10.63%
Total Days on Market
90
Views
152
Current Estimated Value
$4,120,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$124,586
Avg. Annual Appreciation
-0.59%

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
Tran Thi $4,245,000 Ticor Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $4,245,000 -10.6% $788 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $4,750,000 0.0% $881 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/16/2023 04/16/23 Price Changed $4,750,000 -5.0% $881 / Sq Ft
03/01/2023 03/01/23 For Sale $5,000,000 -- $928 / 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 $26,417 $4,034,000 $1,406,000 $2,628,000
2023 $22,322 $3,861,000 $1,327,000 $2,534,000
2022 $9,061 $3,639,000 $1,493,000 $2,146,000
2021 $9,384 $1,229,000 $1,229,000 $0
2020 $8,171 $1,171,000 $1,171,000 $0
2018 $7,954 $1,013,000 $1,013,000 $0
2017 $0 $916,000 $916,000 $0
2016 $0 $715,700 $715,700 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2038460

Northwest Multiple Listing Service (NWMLS)

APN: 032110-0141