Seller's Agent in 2024
Anni Zilz
Windermere Corporate
(206) 390-5723
3 in this area
18 Total Sales
Listed by Windermere Mercer Island, Bought with Madison Avenue Realty
8403 E Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $1,990,000 - $3,150,000
4
Beds
3
Baths
3,320
Sq Ft
$827/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Home fronts a creek
- Property is near public transit
- Lakeridge Elementary School Rated A
- Lake View
- Wooded Lot
About This Home
As of May 2024Nestled just a stroll away from the coveted Mercer Island Beach Club, this serene retreat offers an open, updated layout with exquisite details at every turn. Gather in the elegant living and dining areas, discover culinary delights in the grand chef’s kitchen with built-in Wolf/Miele/SubZero appliances, or kick back in the fireside family room. Rich hardwood finishes complement lush green scenery. Your gracious primary suite awaits upstairs with lake views, a remodeled 5-piece bath, dream walk-in closet and built-in desk. Two more spacious upstairs bedrooms with a Jack & Jill bath, plus a fourth bedroom/office with 3/4 bath ensuite on the main provide flex space for everyone. Lovely outdoor spaces are ready for your summer parties and BBQs
Last Agent to Sell the Property
Windermere Mercer Island License #75153 Listed on: 04/24/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2218138
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,053
Year Built
- Built in 1984
Lot Details
- 0.54 Acre Lot
- Home fronts a creek
- South Facing Home
- Partially Fenced Property
- Terraced Lot
- Sprinkler System
- Wooded Lot
- Garden
- Property is in very good condition
- Zoning described as R8.4
Parking
- 3 Car Attached Garage
- Driveway
Property Views
- Lake
- Territorial
- Limited
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,320 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- French Doors
- Wine Cellar
- Dining Room
Kitchen
- Walk-In Pantry
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Marble
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
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
- High Efficiency Air Conditioning
- Forced Air Heating and Cooling System
- Air Filtration System
- High Efficiency Heating System
- Heat Pump System
- Radiant Heating System
- Generator Hookup
- Hot Water Circulator
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4 / 3
- Assessor Parcel Number 0321100125
Community Details
Overview
- No Home Owners Association
- Beach Club Subdivision
- Property is near a preserve or public land
Recreation
- Community Playground
- Park
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
May 20, 2024
Sold by
Guild Wendy L and Douthitt Robert K
Bought by
Patel Anil and Patel Jaimini
Seller's Agent
Anni Zilz
Windermere Mercer Island
Buyer's Agent
Vijya Patel
Madison Avenue Realty
List Price
$2,775,000
Sold Price
$2,850,000
Premium/Discount to List
$75,000
2.7%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,348
Avg. Annual Appreciation
-2.62%
Original Mortgage
$1,710,000
Outstanding Balance
$1,686,023
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,060,629
Purchase Details
Listed on
Jul 9, 2020
Closed on
Aug 7, 2020
Sold by
Mcdonald Neil J and Mcdonald Katharine M
Bought by
Douthitt Wendy L and Douthitt Robert K
Seller's Agent
Shannon Savage
COMPASS
Buyer's Agent
Anni Zilz
Windermere Mercer Island
List Price
$1,725,000
Sold Price
$1,702,905
Premium/Discount to List
-$22,095
-1.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Original Mortgage
$1,150,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 10, 2006
Sold by
Vertner Arthur L and Foust Vertner Michelle
Bought by
Mcdonald Neil J and Mcdonald Katharine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 11, 1993
Sold by
Mcmahon William J
Bought by
Vertner Arthur I and Vertner Michelle
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Anil | $2,850,000 | Wfg National Title Company Of | |
| Douthitt Wendy L | $1,702,905 | Wfg Natl Ttl Co Of Wa Llc | |
| Mcdonald Neil J | $973,000 | Chicago Title | |
| Vertner Arthur I | $390,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Anil | $1,710,000 | |
| Previous Owner | Douthitt Wendy L | $1,150,000 | |
| Previous Owner | Mcdonald Neil J | $603,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2024 05/22/24 | Sold | $2,850,000 | +2.7% | $858 / Sq Ft | |
| 04/26/2024 04/26/24 | Pending | -- | -- | -- | |
| 04/24/2024 04/24/24 | For Sale | $2,775,000 | +63.0% | $836 / Sq Ft | |
| 08/12/2020 08/12/20 | Sold | $1,702,905 | -1.3% | $513 / Sq Ft | View Prior Sale |
| 07/12/2020 07/12/20 | Pending | -- | -- | -- | |
| 07/09/2020 07/09/20 | For Sale | $1,725,000 | -- | $520 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $15,764 | $2,406,000 | $1,205,000 | $1,201,000 |
| 2023 | $14,054 | $2,040,000 | $1,137,000 | $903,000 |
| 2022 | $12,218 | $2,576,000 | $1,279,000 | $1,297,000 |
| 2021 | $12,007 | $1,658,000 | $1,053,000 | $605,000 |
| 2020 | $13,286 | $1,499,000 | $1,003,000 | $496,000 |
| 2018 | $12,889 | $1,646,000 | $902,000 | $744,000 |
| 2017 | $10,887 | $1,485,000 | $816,000 | $669,000 |
| 2016 | $10,128 | $1,337,000 | $746,000 | $591,000 |
| 2015 | $9,759 | $1,211,000 | $676,000 | $535,000 |
| 2014 | -- | $1,115,000 | $625,000 | $490,000 |
| 2013 | -- | $930,000 | $558,000 | $372,000 |
Source: Public Records
Agents Affiliated with this Home
-
Anni Zilz
-
Vijya Patel
Buyer's Agent in 2024
Vijya Patel
Madison Avenue Realty
(206) 650-4885
1 in this area
73 Total Sales
-
Shannon Savage
Seller's Agent in 2020
Shannon Savage
Avenue Properties
(206) 949-3431
1 in this area
20 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2218138
APN: 032110-0125
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Based on information submitted to the MLS GRID
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