Seller's Agent in 2012
Lou Glatz
John L Scott
(206) 948-2591
4 in this area
34 Total Sales
Listed by John L. Scott, Inc., Bought with John L. Scott, Inc.
8557 85th Ave SE Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $4,358,000 - $5,661,743
5
Beds
5
Baths
5,224
Sq Ft
$972/Sq Ft
Est. Value
About This Home
As of December 2012This home is decidedly distinctive from any other property you may have seen. Stately & impressively sited on a level unobstructed Lake & Mt. Rainier vw lot, close to Beach Club, the home is warmly inviting, uniquely refreshing w its own individuality & flair w its great rm concept, bookcase lined library & elegant dining rm. Master suite is its own private retreat w frplc & vw deck. Study center, bonus rm, mud rm, enclosed breezeway, both uncovered & covered stone paved patios w frplc & decks.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM370691
Property Details
Home Type
Other
Est. Annual Taxes
$25,671
Year Built
2000
Lot Details
0
Listing Details
- Condition: Very Good
- Special Features: None
- Year Built: 2000
Interior Features
- Features: Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Disabled Access, Fireplace in Master Bedroom, French Doors, Jetted Tub, Security System, Walk In Pantry, Walk-in Closet
- Fireplaces: 3
- Floor: Ceramic Tile, Hardwood, Slate, Wall to Wall Carpet
- Water Heater Location: Garage-Gas
Exterior Features
- Exterior: Wood
- Foundation: Poured Concrete
- Lot Details: Dead End Street, Paved Street
- Roof: Composition
- View: Lake, Mountain
Garage/Parking
- Parking Type: Garage-Detached
- Total Covered Spaces: 3
Utilities
- Appliances: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
- Heating and Cooling: Central A/C, Forced Air
- Power Company: Puget Power
- Sewer: Connected
- Sewer Company: Mercer Island
- Water Company: Mercer Island
- Water Source: Public
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2012
Closed on
Dec 20, 2012
Sold by
Gillett Stephen and Gillett Aisha
Bought by
Larsen Travis E and Larsen Deborah
Seller's Agent
Lou Glatz
John L. Scott, Inc.
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,129,186
Avg. Annual Appreciation
6.68%
Original Mortgage
$1,560,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 17, 2011
Sold by
Gass Scott C and Gass Michelle D
Bought by
Gillett Stephen and Gillett Aisha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 27, 2002
Sold by
Sanchez Richard R and Sanchez Lisa D
Bought by
Hutton Richard E and Hutton Andrea I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.84%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Larsen Travis E | $1,950,000 | Ticor | |
| Gillett Stephen | $2,700,000 | Chicago Title | |
| Hutton Richard E | $2,400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Larsen Travis E | $1,499,999 | |
| Closed | Larsen Travis E | $1,549,800 | |
| Closed | Larsen Travis E | $1,560,000 | |
| Previous Owner | Gillett Stephen | $150,000 | |
| Previous Owner | Gillett Stephen | $1,680,000 | |
| Previous Owner | Gass Scott C | $1,400,000 | |
| Previous Owner | Hutton Richard E | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2012 12/31/12 | Sold | $1,950,000 | 0.0% | $373 / Sq Ft |
| 11/20/2012 11/20/12 | Pending | -- | -- | -- |
| 06/16/2012 06/16/12 | For Sale | $1,950,000 | -- | $373 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $25,671 | $3,920,000 | $1,411,000 | $2,509,000 |
| 2023 | $22,316 | $3,253,000 | $1,332,000 | $1,921,000 |
| 2022 | $20,026 | $3,638,000 | $1,499,000 | $2,139,000 |
| 2021 | $19,222 | $2,719,000 | $1,234,000 | $1,485,000 |
| 2020 | $19,616 | $2,401,000 | $1,176,000 | $1,225,000 |
| 2018 | $19,037 | $2,431,000 | $1,027,000 | $1,404,000 |
| 2017 | $16,622 | $2,194,000 | $929,000 | $1,265,000 |
| 2016 | $15,466 | $2,042,000 | $850,000 | $1,192,000 |
| 2015 | $14,899 | $1,850,000 | $770,000 | $1,080,000 |
| 2014 | -- | $1,703,000 | $712,000 | $991,000 |
| 2013 | -- | $1,610,000 | $746,000 | $864,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Glatz
-
Lori Holden
Buyer's Agent in 2012
Lori Holden
John L Scott
(206) 949-5674
7 in this area
103 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM370691
APN: 073610-0030
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Based on information submitted to the MLS GRID
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