NOT LISTED FOR SALE

Estimated Value: $2,375,000 - $3,259,000

5 Beds
1 Bath
4,050 Sq Ft
$683/Sq Ft Est. Value

Last Sold September 10, 2015

Last sale price $985,000 $243 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $16,531/month

47 Days on Market

Highlights

  • Fruit Trees
  • 3 Fireplaces
  • Patio
  • Lakeridge Elementary School Rated A
  • Attached Garage
  • 5-minute walk to Wildwood Park

About This Home

As of September 2015

This well maintained one owner home is freshly painted, carpeted & move in ready now, with lots of opportunity to make it your own. Considerably larger than typical M.I. floor plans: all bedrooms have walk-in closets, 2nd family room upstairs, 3 fireplaces & oodles of storage. Lovely flat yard has covered patio usable all year. Prime south end location=close to schools, Country Club, shopping, parks, trails & transit. Space, convenience & potential; a wonderful new Islander life awaits you here.

Last Listed By

Kathryn Buchanan

Windermere Mercer Island License #5778 Listed on: 06/19/2015

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM799821

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,285

Year Built

  • Built in 1968

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Drought Tolerant Landscaping

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

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

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Mercer Island Estates Community

Listing and Financial Details

  • Assessor Parcel Number 5451100330

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,285

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: United Homes/Quadrant
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Disabled Access, French Doors, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Slate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4050

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

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: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island Estates
  • Project: MI Ctry Club Ests #1

Schools

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

Lot Info

  • Lot Number: 33
  • Lot Details: Curbs, Drought Res Landscpe, Paved Street
  • Lot Sq Ft: 11499
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 5451100330
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2015
Closed on
Sep 4, 2015
Sold by
Balin Lorraine
Bought by
Lee Edward A and Lee Dawn M
Seller's Agent
Kathryn Buchanan
Windermere Mercer Island
Buyer's Agent
Gloria Wolfe
John L. Scott, Inc.
List Price
$980,000
Sold Price
$985,000
Premium/Discount to List
$5,000
0.51%
Total Days on Market
47
Current Estimated Value
$2,767,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,782,084
Avg. Annual Appreciation
10.25%
Original Mortgage
$881,919
Interest Rate
3.81%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Lee Edward A $981,000 Cw Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Edward A $985,000
Closed Lee Edward A $1,097,200
Closed Lee Edward A $1,097,200
Closed Lee Edward A $1,100,000
Closed Lee Edward A $880,477
Closed Lee Edward A $881,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2015 09/10/15 Sold $985,000 +0.5% $243 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $980,000 -0.5% $242 / Sq Ft
07/22/2015 07/22/15 Off Market $985,000 -- --
06/19/2015 06/19/15 For Sale $980,000 -- $242 / 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 $14,285 $2,180,000 $1,200,000 $980,000
2023 $14,060 $2,048,000 $1,133,000 $915,000
2022 $12,299 $2,291,000 $1,275,000 $1,016,000
2021 $10,751 $1,669,000 $1,050,000 $619,000
2020 $10,657 $1,342,000 $1,000,000 $342,000
2018 $10,340 $1,320,000 $867,000 $453,000
2017 $8,732 $1,191,000 $784,000 $407,000
2016 $8,123 $1,072,000 $717,000 $355,000
2015 $7,827 $971,000 $649,000 $322,000
2014 -- $894,000 $600,000 $294,000
2013 -- $753,000 $515,000 $238,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM799821

Northwest Multiple Listing Service (NWMLS)

APN: 545110-0330