NOT LISTED FOR SALE

Estimated Value: $6,658,000 - $7,447,000

5 Beds
1 Bath
4,084 Sq Ft
$1,715/Sq Ft Est. Value

Last Sold June 04, 2015

Last sale price $3,025,000 $741 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $41,548/month

29 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Deck
  • Lakeridge Elementary School Rated A
  • Lake View
  • Wood Flooring

About This Home

As of June 2015

Magnificent world-class custom residence featuring extensive use of the finest materials available. This waterfront residence takes its place among great estates in South Mercer Island. Enjoy the luxury & serenity of living on the lake w/ 106ft of sprawling waterfront. The interiors set a dramatic stage w/ views of the lake & Mtn Rainier from every rm. Soaring spaces for entertaining guest & loved ones makes this home magical. Gentle sloping lawn & gardens extending to the water & private dock.

Last Agent to Sell the Property

Freddy Delgadillo

Realogics Sotheby's Int'l Rlty License #5490 Listed on: 04/13/2015

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Jimmy Katsafanas

Kelly Right RE of Seattle LLC License #3297

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM770273

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,637

Year Built

  • Built in 1971

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Dog Run
  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Tile Roof
  • Stucco
  • Wood Composite
  • Stone

Interior Spaces

  • 1 Bathroom
  • 5 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 3358500305

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,637

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Homebuilder: James Paul Jones
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, 2nd Master Br, Wine Cellar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Disabled Access, Fireplace In Mstr Br, Jetted Tub, Loft, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 4
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Lower
  • Fireplaces: 5
  • Fireplaces Main: 2
  • Fireplaces Lower: 2
  • Basement: Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4084
  • Square Footage Finished: 4084
  • Square Footage Unfinished: 400

Exterior Features

  • Exterior: Stone, Stucco, Wood Products
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: City, Lake, Mountain
  • Waterfront: Bank-Low, Lake, No Bank
  • Waterfront Frontage: 106

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Hot Water Recirc Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End
  • Project: Hillman CD Seashore

Schools

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

Lot Info

  • Lot Number: POR
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 14827
  • Lot Topography Vegetation: Garden Space, Partial Slope
  • Parcel Number: 3358500305
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Partial Slope

Tax Info

  • Tax Amount: 25111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 29, 2015
Sold by
Chang Chu Ping and Chang Marjorie T
Bought by
Zhang Xun and Xiao Na
Seller's Agent
Freddy Delgadillo
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Jimmy Katsafanas
Kelly Right RE of Seattle LLC
List Price
$3,288,000
Sold Price
$3,025,000
Premium/Discount to List
-$263,000
-8%
Total Days on Market
29
Current Estimated Value
$7,004,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,979,001
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Nov 1, 2010
Sold by
Chang Marjorie T and Chang Chu Ping
Bought by
Chang Chu Ping and Chang Marjorie T

Purchase Details

Closed on
Sep 20, 1988
Sold by
Deeny Terence P and Deeny Darlene M
Bought by
Chang Marjorie T and Chang Chu-Ping
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
Zhang Xun $3,025,000 First American
Chang Chu Ping -- None Available
Chang Marjorie T $720,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2015 06/04/15 Sold $3,025,000 -8.0% $741 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $3,288,000 -- $805 / 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 $40,637 $6,207,000 $3,892,000 $2,315,000
2023 $40,121 $5,829,000 $3,672,000 $2,157,000
2022 $35,869 $6,519,000 $4,131,000 $2,388,000
2021 $34,427 $4,872,000 $3,400,000 $1,472,000
2020 $29,767 $4,302,000 $3,239,000 $1,063,000
2018 $30,890 $3,689,000 $2,817,000 $872,000
2017 $26,081 $3,561,000 $2,709,000 $852,000
2016 $24,261 $3,205,000 $2,477,000 $728,000
2015 $23,378 $2,903,000 $2,242,000 $661,000
2014 -- $2,673,000 $2,073,000 $600,000
2013 -- $2,749,000 $2,258,000 $491,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM770273

Northwest Multiple Listing Service (NWMLS)

APN: 335850-0305