NOT LISTED FOR SALE

Estimated Value: $2,637,000 - $3,390,000

5 Beds
1 Bath
3,240 Sq Ft
$931/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $1,200,000 $370 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $18,215/month

54 Days on Market

Highlights

  • Lake View
  • Deck
  • Wooded Lot
  • Lakeridge Elementary School Rated A
  • Northwest Architecture
  • Wood Flooring

About This Home

As of November 2015

Located on a private enclave of 10 houses and at the end of a cul-de-sac, you'll find this pristine NW contemporary designed by renowned NW architect Ralph Anderson. All appliances have been recently updated and a state of the art Trane heat pump has been installed for heating and A/C. The filtered Lake Washington views are lovely and sunshine floods both floors with an abundance of natural light. You'll love this elegant NW floor plan complete with a stately library off the living room.

Last Listed By

Jeff Benezra

Engel & Voelkers Mercer Island Listed on: 07/22/2015

Engel & Voelkers Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM822696

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,020

Year Built

  • Built in 1978

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Brush Vegetation
  • Steep Slope
  • Wooded Lot

Parking

  • Detached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 4 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Island Point Community

Listing and Financial Details

  • Assessor Parcel Number 3625710060

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,020

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • Homebuilder: Ralph Anderson
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, Vaulted Ceilings
  • 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
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 3
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3240
  • Square Footage Finished: 3240

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Laundry Room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Island Point
  • Project: Island Point Division 4

Schools

  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 6
  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Dimensions: 90x125
  • Lot Sq Ft: 14739
  • Lot Topography Vegetation: Brush, Steep Slope, Wooded
  • Parcel Number: 3625710060
  • Zoning Code: SFR
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Steep Slope, Wooded

Tax Info

  • Tax Amount: 8865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 28, 2015
Sold by
Gould A R and Gould Ruth
Bought by
Furnace Creek Llc
Seller's Agent
Jeff Benezra
Engel & Voelkers Mercer Island
Buyer's Agent
Catherine Tamaro
Trieste Holdings, LLC
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Total Days on Market
54
Current Estimated Value
$3,015,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,815,381
Avg. Annual Appreciation
9.53%
Original Mortgage
$960,000
Interest Rate
3.87%
Mortgage Type
New Conventional

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
Furnace Creek Llc $1,200,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furnace Creek Llc $823,350
Closed Furnace Creek Llc $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $1,200,000 -7.3% $370 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
09/01/2015 09/01/15 Price Changed $1,295,000 -7.2% $400 / Sq Ft
07/22/2015 07/22/15 For Sale $1,395,000 -- $431 / 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 $17,020 $2,598,000 $1,239,000 $1,359,000
2023 $16,745 $2,440,000 $1,169,000 $1,271,000
2022 $14,647 $2,729,000 $1,315,000 $1,414,000
2021 $14,063 $1,988,000 $1,083,000 $905,000
2020 $12,781 $1,756,000 $1,032,000 $724,000
2018 $12,403 $1,583,000 $1,135,000 $448,000
2017 $10,830 $1,429,000 $1,027,000 $402,000
2016 $10,078 $1,330,000 $939,000 $391,000
2015 $9,715 $1,205,000 $850,000 $355,000
2014 -- $1,110,000 $786,000 $324,000
2013 -- $970,000 $633,000 $337,000
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM822696

Northwest Multiple Listing Service (NWMLS)

APN: 362571-0060