Listed by Coldwell Banker Bain, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $2,248,000 - $2,442,000

4 Beds
3 Baths
2,350 Sq Ft
$998/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $2,125,000 $904 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,875/month

15 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Hydromassage or Jetted Bathtub
  • Lakeridge Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of May 2023

Nestled at the end of a quiet tree-lined street this impeccably maintained Burnstead home checks all of the boxes for today’s lifestyles. Located on the coveted South end of the island walking distance to stores & amenities yet with privacy that feels a world away. Built with superior craftsmanship & gorgeous finishes. Soaring ceilings, tall doors & windows. Amazing chef’s kitchen. Spacious primary suite; luxurious bath, walk-in closet, huge storage room. A main floor bedroom doubles as an office or den. Spacious low maintenance yard with gardens & patio for outdoor entertaining. Walk to Pioneer Park, horse stables & MI Country Club. Just minutes from Bellevue or Seattle this turnkey home offers a lock & leave lifestyle in an ideal location

Last Agent to Sell the Property

Lisa Turnure

Coldwell Banker Bain License #75773 Listed on: 04/01/2023

Coldwell Banker Bain

Last Buyer's Agent

Diane Liu

COMPASS License #131142

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2048486

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,257

Year Built

  • Built in 2001

Lot Details

  • 5,588 Sq Ft Lot
  • Street terminates at a dead end
  • South Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Skylights
  • Gas Fireplace
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

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

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Water Heater
  • High Speed Internet

Community Details

  • Kevin Boller Association
  • Secondary HOA Phone (770) 315-6173
  • Built by Burnstead
  • South End Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 5454010140

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,257

Year Built

Built in 2001

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2001
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Island Lane
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2800
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Slate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Jetted Tub, Security System, Skylight(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 2350
  • Main Level Bedrooms: 1
  • Bathrooms: 2.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2350
  • SquareFootageUnfinished: 450
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Washer
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Burnstead
  • Direction Faces: South
  • Exterior Features: Brick, Stone, Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 204

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C, Ductless HP-Mini Split, Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Phone: 770-315-6173
  • Association: Yes
  • AssociationContactName: Kevin Boller

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 5454010140
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1283
  • Lot Size Sq Ft: 5588
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR and builder
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 13257

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2003
Sold by
Steven Burnstead Construction Co
Bought by
Segale Lori J and Lori J Segale Living Trust
Current Estimated Value
$2,344,672

Purchase Details

Closed on
May 7, 1998
Sold by
Lori J Segale Living Trust
Bought by
Patel Mihir Rajendrabhai and Patel Anastasya Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Source: Public Records

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
Segale Lori J $650,000 Chicago Title
Patel Mihir Rajendrabhai $2,125,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Mihir Rajendrabhai $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $2,125,000 -1.2% $904 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $2,150,000 -- $915 / 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 $13,473 $2,056,000 $1,081,000 $975,000
2023 $13,304 $1,931,000 $1,020,000 $911,000
2022 $11,902 $2,160,000 $1,148,000 $1,012,000
2021 $11,423 $1,615,000 $945,000 $670,000
2020 $10,863 $1,426,000 $900,000 $526,000
2018 $10,539 $1,345,000 $794,000 $551,000
2017 $9,204 $1,214,000 $718,000 $496,000
2016 $8,566 $1,130,000 $657,000 $473,000
2015 $8,256 $1,024,000 $595,000 $429,000
2014 -- $943,000 $550,000 $393,000
2013 -- $785,000 $436,000 $349,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2048486

Northwest Multiple Listing Service (NWMLS)

APN: 545401-0140