NOT LISTED FOR SALE

Estimated Value: $2,523,000 - $3,177,000

4 Beds
1 Bath
3,820 Sq Ft
$749/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,930,000 $505 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $17,295/month

3 Days on Market

Highlights

  • Spa
  • Lake View
  • Wood Flooring
  • Lakeridge Elementary School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of March 2021

Exceptional Mercer Island home with Lake and Mountain views enjoyed from nearly every room. Expansive trex deck, water fountain with outstanding sunset views. Remodeled kitchen w/ granite cntrs & SS appliances. Extensive hardwood floors throughout the main floor. Master bedroom boasts of a cozy reading nook with views. Main floor office can be used as a bedroom/office. Downstairs non-comforming 5th with kitchenette. Don’t miss the entertainment by the local Bald Eagles. All newer ext./int paint with skylights. Lots of natural light. Home has A/C and pre-wired for generator. Welcome to this One of a kind home with award winning schools. Home has been pre-inspected! Move in Ready. Over 150K+ in upgrades!

Last Listed By

Hao Dang

Windermere Real Estate/East License #48698 Listed on: 02/25/2021

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1734720

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,163

Year Built

  • Built in 1990

Lot Details

  • Open Space
  • Brush Vegetation
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Beach Club Community

Listing and Financial Details

  • Assessor Parcel Number 3124059006

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,163

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Hot Tub/Spa, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Laminate Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Daylight
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3820
  • Square Footage Finished: 3820
  • Square Footage Unfinished: 210

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Sewer: Sewer Connected
  • Water Heater: Basement closet-Gas (2)
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Beach Club

Schools

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

Lot Info

  • Lot Details: Open Space, Paved Street
  • Lot Sq Ft: 24166
  • Lot Topography Vegetation: Brush, Garden Space
  • Parcel Number: 3124059006
  • Lot Topography: Brush, Garden Space

Tax Info

  • Tax Amount: 12757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 24, 2021
Sold by
Tracy Kenneth L and Tracy Laurie S
Bought by
Marda Deepak
Seller's Agent
Hao Dang
Windermere Real Estate/East
Buyer's Agent
Qasim Tanga
COMPASS
List Price
$2,000,000
Sold Price
$1,930,000
Premium/Discount to List
-$70,000
-3.5%
Total Days on Market
3
Current Estimated Value
$2,862,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$932,835
Avg. Annual Appreciation
10.09%
Original Mortgage
$1,447,500
Outstanding Balance
$1,307,170
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$1,555,665

Purchase Details

Listed on
May 2, 2017
Closed on
Jul 31, 2017
Sold by
Zhou Kevin Kaifeng and Zhu Xiaosong
Bought by
Tracy Kenneth L and Tracy Laurie Shevaughn
Seller's Agent
Becco Zou
COMPASS
Buyer's Agent
Terry Donovan
Windermere Mercer Island
List Price
$1,599,000
Sold Price
$1,560,000
Premium/Discount to List
-$39,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$1,000,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2014
Closed on
May 8, 2014
Sold by
Ruwe Mark E and Ruwe Geraldine
Bought by
Zhous Kevin Kaifeng and Zhu Xiaong
Seller's Agent
Jane Jelinek Harrison
Coldwell Banker Bain
Buyer's Agent
Lihong Tang
eLink Realty
List Price
$1,225,000
Sold Price
$1,250,000
Premium/Discount to List
$25,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$750,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 1997
Sold by
Spiess Bruce D and Spiess Ann G
Bought by
Ruwe Mark E and Ruwe Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.49%

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
Marda Deepak $1,930,000 Wfg Natl Ttl Co Of Wa Llc
Tracy Kenneth L $1,510,000 Chicago Title
Zhous Kevin Kaifeng $1,250,000 Chicago Title
Ruwe Mark E $660,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marda Deepak $1,447,500
Previous Owner Tracy Kenneth L $1,000,000
Previous Owner Zhous Kevin Kaifeng $750,000
Previous Owner Ruwe Mark E $250,000
Previous Owner Ruwe Mark E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $1,930,000 -3.5% $505 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $2,000,000 +28.2% $524 / Sq Ft
08/07/2017 08/07/17 Sold $1,560,000 -2.4% $408 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $1,599,000 +2.5% $419 / Sq Ft
06/07/2017 06/07/17 Off Market $1,560,000 -- --
05/31/2017 05/31/17 Price Changed $1,599,000 -4.1% $419 / Sq Ft
05/02/2017 05/02/17 For Sale $1,668,000 +33.4% $437 / Sq Ft
05/12/2014 05/12/14 Sold $1,250,000 +2.0% $327 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $1,225,000 -- $321 / 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 $16,163 $2,467,000 $1,139,000 $1,328,000
2023 $16,262 $2,361,000 $1,075,000 $1,286,000
2022 $14,544 $2,641,000 $1,210,000 $1,431,000
2021 $13,719 $1,974,000 $996,000 $978,000
2020 $12,757 $1,713,000 $949,000 $764,000
2018 $14,276 $1,710,000 $796,000 $914,000
2017 $12,059 $1,645,000 $720,000 $925,000
2016 $11,222 $1,481,000 $659,000 $822,000
2015 $10,817 $1,342,000 $597,000 $745,000
2014 -- $1,236,000 $552,000 $684,000
2013 -- $1,089,000 $606,000 $483,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1734720

Northwest Multiple Listing Service (NWMLS)

APN: 312405-9006