NOT LISTED FOR SALE

Estimated Value: $3,460,000 - $4,293,000

6 Beds
3 Baths
4,733 Sq Ft
$806/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $1,935,000 $409 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $22,636/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Lake View
  • Traditional Architecture
  • Lakeridge Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2016

First time on the market ever! This wonderful Ralph Andersen original is in a great neighborhood and comes with a view of the lake and Mt Rainier. It presents a great opportunity for immediate equity by finishing the current remodel. Plans are already done to complete the main floor to the quality and luxury of the rest of the home. It also comes with an almost brand new 1 bedroom mother-in-law apartment. Close to schools & shopping, this home offers the best in island living. Sold as-is.

Last Agent to Sell the Property

Doug McKiernan

Windermere Mercer Island License #19821 Listed on: 05/03/2016

Windermere Mercer Island

Last Buyer's Agent

Lena Powers

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM905282

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,635

Year Built

  • Built in 1973

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Property is zoned R9.6

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 3 Bathrooms
  • 4 Fireplaces
  • Finished Basement

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

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

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Island Point Community

Listing and Financial Details

  • Assessor Parcel Number 3625500070

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,635

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Traditional
  • Approved Accessory Dwelling: Main
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 4.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 2
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 3
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4733
  • Square Footage Finished: 4733

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Basement-gas
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Island Point
  • Project: Island Point Add

Schools

  • School District: MIS

Lot Info

  • Lot Number: 7
  • Lot Details: Paved Street
  • Lot Sq Ft: 15800
  • Lot Topography Vegetation: Level, Sloped
  • Parcel Number: 3625500070
  • Zoning Code: R9.6
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Sloped

Rental Info

  • Monthly Rentif Rented: 1350

Tax Info

  • Tax Amount: 13430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 20, 2016
Sold by
Marr Stuart D and Marr Heidi M
Bought by
Nkposong Edet E and Wushishi Larai Nana
Seller's Agent
Doug McKiernan
Windermere Mercer Island
Buyer's Agent
Lena Powers
John L. Scott, Inc.
List Price
$1,999,700
Sold Price
$1,935,000
Premium/Discount to List
-$64,700
-3.24%
Current Estimated Value
$3,815,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,880,698
Avg. Annual Appreciation
7.35%
Original Mortgage
$193,500
Interest Rate
3.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 21, 2009
Sold by
Marr Ruby D
Bought by
Marr Stuart D and Marr Heidi M

Purchase Details

Closed on
May 18, 1992
Sold by
Marr Ruby D
Bought by
Marr Ruby D
Source: Public Records

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
Nkposong Edet E $1,935,000 Ticor National
Marr Stuart D -- None Available
Marr Ruby D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nkposong Edet E $1,532,000
Closed Nkposong Edet E $193,500
Closed Nkposong Edet E $193,500
Closed Nkposong Edet E $1,548,000
Previous Owner Marr Stuart D $506,000
Previous Owner Marr Stuart D $517,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $1,935,000 0.0% $409 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
05/11/2016 05/11/16 Price Changed $1,935,000 -3.2% $409 / Sq Ft
05/03/2016 05/03/16 For Sale $1,999,700 -- $423 / 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 $22,635 $3,456,000 $1,813,000 $1,643,000
2023 $22,267 $3,246,000 $1,711,000 $1,535,000
2022 $19,474 $3,630,000 $1,925,000 $1,705,000
2021 $18,694 $2,644,000 $1,585,000 $1,059,000
2020 $18,282 $2,335,000 $1,510,000 $825,000
2018 $17,736 $2,265,000 $1,343,000 $922,000
2017 $14,979 $2,044,000 $1,215,000 $829,000
2016 $13,937 $1,840,000 $1,111,000 $729,000
2015 $13,430 $1,667,000 $1,006,000 $661,000
2014 -- $1,535,000 $930,000 $605,000
2013 -- $1,419,000 $806,000 $613,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM905282

Northwest Multiple Listing Service (NWMLS)

APN: 362550-0070