$1,500,000
SOLD OCT 11, 2018
4 Beds
3 Baths
2,570 Sq Ft
0.27 Acres

Recently Sold

$584 Per Sq Ft

6% Below List Price

10 Days on Market

Highlights

  • Lake View
  • Fruit Trees
  • Bamboo Flooring
  • Lakeridge Elementary School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of August 2021

What if you could have breathtaking LAKE VIEWS and see Mt Rainier from virtually every room in your house? What if that house had a look & feel of UPSCALE new construction? Prepare to be amazed w/this COMPLETELY RENOVATED architectural marvel, perfectly positioned in serenity of the Southern tip of Mercer Island, minutes to Seattle & Bellevue. Make this tranquil, sun-filled, artistic sanctuary your home. Enjoy central A/C, level green yard, decks. Be steps from MI Beach Club & Clarke Beach Park.

Last Agent to Sell the Property

Anna Valentine

Expert Realty of Washington License #25207 Listed on: 08/31/2018

Last Buyer's Agent

Kent Swigard

The Landmark Group License #27414

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1354377

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,747

Year Built

  • Built in 1980

Lot Details

  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 5530800020

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,747

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Jetted Tub, Loft, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 3
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2570
  • Square Footage Finished: 2570
  • Square Footage Unfinished: 560

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition, Torch Down
  • View: City, Lake, Mountain

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Heat Pump
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Utility Room-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 11552
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Sloped
  • Parcel Number: 5530800020
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Sloped

Tax Info

  • Tax Amount: 8345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 30, 2021
Sold by
Clarke Tony and Clarke Elizabeth
Bought by
Wu Xue and Ji Zhengping
Seller's Agent
Caroline Loudenback
Coldwell Banker Danforth
Buyer's Agent
Charlie Du
MY REALTY GROUP LLC
List Price
$1,795,000
Sold Price
$1,690,000
Premium/Discount to List
-$105,000
-5.85%
Current Estimated Value
$2,206,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,949
Avg. Annual Appreciation
7.11%
Original Mortgage
$1,352,000
Outstanding Balance
$1,240,896
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$972,927

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 3, 2018
Sold by
Lucas Renovators Llc
Bought by
Clarke Tony and Clarke Elizabeth
Seller's Agent
Anna Valentine
Expert Realty of Washington
Buyer's Agent
Kent Swigard
The Landmark Group
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$1,291,750
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 9, 2018
Sold by
Macdougall Macdougall R and Macdougall Nora Lindsay
Bought by
Lucas Renovators Llc
Seller's Agent
Katie Penny Shea
Coldwell Banker Bain
Buyer's Agent
Anna Valentine
Expert Realty of Washington
List Price
$1,195,000
Sold Price
$1,111,250
Premium/Discount to List
-$83,750
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.20%
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
May 28, 1982
Sold by
Atkins James V and Atkins Elizabeth R
Bought by
Nora Macdougall R and Nora Linds
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 Type Sale Price Title Company
Warranty Deed $1,690,000 Equity Title Of Wa Llc
Warranty Deed $1,500,000 First American Title
Warranty Deed $1,111,250 Chicago Title
Warranty Deed $205,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,352,000 New Conventional
Previous Owner $1,316,512 VA
Previous Owner $1,314,262 VA
Previous Owner $1,291,750 VA
Previous Owner $330,000 Construction
Previous Owner $500,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $1,690,000 -0.6% $658 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/07/2021 07/07/21 Price Changed $1,700,000 -2.9% $661 / Sq Ft
05/19/2021 05/19/21 Price Changed $1,750,000 -2.5% $681 / Sq Ft
05/14/2021 05/14/21 For Sale $1,795,000 0.0% $698 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $1,795,000 +19.7% $698 / Sq Ft
10/11/2018 10/11/18 Sold $1,500,000 -6.0% $584 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $1,595,000 +43.5% $621 / Sq Ft
04/12/2018 04/12/18 Sold $1,111,250 -7.0% $432 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $1,195,000 -- $465 / 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 $12,747 $1,945,000 $991,000 $954,000
2023 $12,588 $1,827,000 $935,000 $892,000
2022 $10,975 $2,044,000 $1,052,000 $992,000
2021 $10,535 $1,489,000 $866,000 $623,000
2020 $9,623 $1,315,000 $825,000 $490,000
2018 $8,345 $1,192,000 $525,000 $667,000
2017 $7,048 $961,000 $475,000 $486,000
2016 $6,561 $865,000 $435,000 $430,000
2015 $6,324 $784,000 $394,000 $390,000
2014 -- $722,000 $365,000 $357,000
2013 -- $506,000 $354,000 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1354377

Northwest Multiple Listing Service (NWMLS)

APN: 553080-0020