Seller's Agent in 2019
Larry Williams
Windermere Corporate
(425) 445-9870
2 in this area
12 Total Sales
8710 85th Ave SE Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $7,549,000 - $8,262,972
4
Beds
3
Baths
4,670
Sq Ft
$1,669/Sq Ft
Est. Value
Highlights
- Docks
- Spa
- Craftsman Architecture
- Lakeridge Elementary School Rated A
- Lake View
- Deck
About This Home
As of June 2019Benotho Point, Mercer Island's Southern tip. Expansive 107’+/- of East, South and West facing Lake Washington waterfront, adjacent shorelines rolling off in each direction. Magnificent Mt Rainier views from the world's front row. Private dock. Four full suites and six total baths, a 4600 square foot custom home set up for the waterfront enthusiast. Genius beach bath, spa, upscale bonfires designed for instant enjoyment. 3 car garage plus generous guest accommodations. Turn key fun zone!
Last Agent to Sell the Property
Windermere Mercer Island License #74738 Listed on: 05/14/2019
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1451562
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,342
Year Built
- Built in 1998
Lot Details
- Street terminates at a dead end
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Property is zoned R8.4
Parking
- Attached Garage
Property Views
- Lake
- Mountain
Home Design
- Craftsman Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
- Stone
Interior Spaces
- 3 Bathrooms
- 3 Fireplaces
- Finished Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Slate Flooring
- Ceramic Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Bulkhead
- Docks
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- South End Community
Listing and Financial Details
- Assessor Parcel Number 0736100175
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2019
Closed on
Jun 13, 2019
Sold by
Burdick Donald E
Bought by
Weisfield James A and Weisfield Kelly M
Seller's Agent
Larry Williams
Windermere Mercer Island
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$4,950,000
Sold Price
$4,775,000
Premium/Discount to List
-$175,000
-3.54%
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
$3,019,743
Avg. Annual Appreciation
8.02%
Original Mortgage
$2,865,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 6, 2012
Closed on
Dec 21, 2012
Sold by
Vertner Arthur L and Vertner Michelle Foust
Bought by
Burdick Donald E
Seller's Agent
Larry Williams
Windermere Mercer Island
Buyer's Agent
Nancy LaVallee
Windermere Mercer Island
List Price
$2,805,000
Sold Price
$2,805,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$2,000,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 26, 2005
Sold by
Madsen Dennis
Bought by
Vertner Arthur L and Vertner Michelle Foust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 28, 2001
Sold by
Madsen Noreen
Bought by
Madsen Dennis
Purchase Details
Closed on
Feb 27, 1998
Sold by
Centrum Financial Services Inc
Bought by
Madsen Dennis F and Madsen Noreen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,370
Interest Rate
6.99%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 8, 1995
Sold by
Brooks William C
Bought by
Centrum Financial Services Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
7.83%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Weisfield James A | $4,775,000 | Chicago Title | |
| Burdick Donald E | $2,805,000 | Chicago Title | |
| Vertner Arthur L | $2,805,000 | Transnation Ti | |
| Madsen Dennis | -- | -- | |
| Madsen Dennis F | $700,000 | -- | |
| Centrum Financial Services Inc | $440,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weisfield James A | $2,031,313 | |
| Closed | Weisfield James A | $2,056,200 | |
| Closed | Weisfield James A | $995,000 | |
| Closed | Weisfield James A | $2,865,000 | |
| Previous Owner | Burdick Donald E | $2,000,000 | |
| Previous Owner | Vertner Arthur L | $1,050,600 | |
| Previous Owner | Vertner Arthur L | $1,127,400 | |
| Previous Owner | Vertner Arthur L | $1,100,000 | |
| Previous Owner | Madsen Dennis F | $1,445,000 | |
| Previous Owner | Madsen Dennis F | $937,370 | |
| Previous Owner | Centrum Financial Services Inc | $365,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2019 06/19/19 | Sold | $4,775,000 | -3.5% | $1,022 / Sq Ft |
| 05/18/2019 05/18/19 | Pending | -- | -- | -- |
| 05/14/2019 05/14/19 | For Sale | $4,950,000 | +76.5% | $1,060 / Sq Ft |
| 12/27/2012 12/27/12 | Sold | $2,805,000 | 0.0% | $610 / Sq Ft |
| 11/18/2012 11/18/12 | Pending | -- | -- | -- |
| 05/06/2012 05/06/12 | For Sale | $2,805,000 | -- | $610 / 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 | $40,342 | $6,162,000 | $4,101,000 | $2,061,000 |
| 2023 | $39,832 | $5,787,000 | $3,869,000 | $1,918,000 |
| 2022 | $35,611 | $6,472,000 | $4,353,000 | $2,119,000 |
| 2021 | $34,179 | $4,837,000 | $3,583,000 | $1,254,000 |
| 2020 | $32,909 | $4,271,000 | $3,413,000 | $858,000 |
| 2018 | $35,832 | $4,280,000 | $3,233,000 | $1,047,000 |
| 2017 | $30,254 | $4,131,000 | $3,109,000 | $1,022,000 |
| 2016 | $28,137 | $3,718,000 | $2,842,000 | $876,000 |
| 2015 | $29,435 | $3,367,000 | $2,572,000 | $795,000 |
| 2014 | -- | $3,366,000 | $2,378,000 | $988,000 |
| 2013 | -- | $2,632,000 | $1,792,000 | $840,000 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Williams
-
Kelly Weisfield
Buyer's Agent in 2019
Kelly Weisfield
COMPASS
(206) 355-3863
8 in this area
114 Total Sales
-
Nancy LaVallee
Buyer's Agent in 2012
Nancy LaVallee
Windermere Corporate
(206) 383-9227
1 in this area
37 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1451562
APN: 073610-0175
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Based on information submitted to the MLS GRID
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