NOT LISTED FOR SALE

Estimated Value: $2,008,000 - $3,108,000

5 Beds
1 Bath
3,360 Sq Ft
$813/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $1,775,000 $528 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $16,603/month

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Lakeridge Elementary School Rated A
  • Wooded Lot
  • 3 Fireplaces

About This Home

As of April 2020

An elegant walk way leads you to this stately Ralph Anderson designed, Black and Caldwell built home on a private, easy to access road. Enjoy beautiful views of Lake Washington and Mt. Rainier from nearly every room in this five bedroom home. Gracious entry with vaulted tongue and groove cedar ceiling and marble tile flooring. Hardwood floors cover the remainder of the main floor. Expansive deck off formal living room and dining room. Dual zoned furnace. 2 car detached garage.

Last Agent to Sell the Property

Kim Morelli

Coldwell Banker Bain License #27413 Listed on: 04/24/2020

Coldwell Banker Bain

Last Buyer's Agent

Kim Morelli

Coldwell Banker Bain License #27413 Listed on: 04/24/2020

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1595898

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,927

Year Built

  • Built in 1977

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Island Point Community

Listing and Financial Details

  • Assessor Parcel Number 3625710070

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,927

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: Black and Caldwell
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Skylights
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 3
  • Dining Room: Lower
  • Family Room: Lower
  • Living Room: Lower
  • Kitchen w/ Eating Area: Lower
  • Estimated Sq Ft: 3360
  • Square Footage Finished: 3360

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Lake, Mountain

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: hall closet-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Island Point

Schools

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

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 15470
  • Lot Topography Vegetation: Brush, Garden Space, Level, Steep Slope, Wooded
  • Parcel Number: 3625710070
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Garden Space, Level, Steep Slope, Wooded

Tax Info

  • Tax Amount: 12113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Apr 20, 2020
Sold by
Herres Phillip B and Herres B P
Bought by
Ford Kenneth B and Ford Casandra E
Seller's Agent
Kim Morelli
Coldwell Banker Bain
Buyer's Agent
Kim Morelli
Coldwell Banker Bain
List Price
$1,775,000
Sold Price
$1,775,000
Total Days on Market
0
Current Estimated Value
$2,731,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$956,784
Avg. Annual Appreciation
8.79%
Original Mortgage
$1,420,000
Outstanding Balance
$1,271,997
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,459,787

Purchase Details

Closed on
Jul 27, 1989
Sold by
Lyman Michael H and Lyman Cheryl
Bought by
Herres Herres P and Herres Lorelei M
Source: Public Records

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Range of Values:

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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
Ford Kenneth B $1,775,000 Fidelity National Title
Herres Herres P $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Kenneth B $1,420,000
Previous Owner Herres Phillip B $214,000
Previous Owner Harris Phillip B $208,000
Previous Owner Herres P B $214,289
Previous Owner Herres Phillip B $200,000
Previous Owner Herres Phillip B $216,000
Previous Owner Herres Phillip B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $1,775,000 0.0% $528 / Sq Ft
04/24/2020 04/24/20 For Sale $1,775,000 -- $528 / 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 $15,927 $2,431,000 $1,402,000 $1,029,000
2023 $15,666 $2,283,000 $1,323,000 $960,000
2022 $14,058 $2,553,000 $1,489,000 $1,064,000
2021 $13,495 $1,908,000 $1,226,000 $682,000
2020 $13,002 $1,685,000 $1,168,000 $517,000
2018 $12,620 $1,611,000 $1,135,000 $476,000
2017 $11,018 $1,454,000 $1,027,000 $427,000
2016 $10,253 $1,353,000 $939,000 $414,000
2015 $9,881 $1,226,000 $850,000 $376,000
2014 -- $1,129,000 $786,000 $343,000
2013 -- $1,010,000 $654,000 $356,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1595898

Northwest Multiple Listing Service (NWMLS)

APN: 362571-0070