Listed by Windermere Real Estate Midtown, Bought with Real Residential
NOT LISTED FOR SALE

Estimated Value: $3,190,000 - $3,575,000

5 Beds
4 Baths
3,725 Sq Ft
$894/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $3,400,000 $913 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $19,669/month

25 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Traditional Architecture
  • 2-minute walk to Rotary Park

About This Home

As of September 2022

Stunning, traditional custom home built by well-known luxury builder, Beckes Homes. Vaulted ceilings, french doors, and gleaming hardwood floors. Chef's kitchen with large center island. Center island seating and casual dining. Sliding door opens to the patio, outdoor fire pit and big, level backyard. Formal dining room with two sets of french doors open to a charming deck. Main level Guest Room or Office with attached 3/4 Bath. Expansive primary bedroom with ensuite bathroom and large walk in closet. 3 more spacious bedrooms, 2 bathrooms and bonus flex space complete the second floor. Three car attached garage with plenty of storage.

Last Agent to Sell the Property

Melissa Boucher

Windermere Real Estate Midtown License #122456 Listed on: 07/26/2022

Windermere Real Estate Midtown

Last Buyer's Agent

Brad Cahill

Real Residential License #74755

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1972256

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,644

Year Built

  • Built in 2005

Lot Details

  • 10,581 Sq Ft Lot
  • Cul-De-Sac
  • North Facing Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in good condition
  • Zoning described as R9.6

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,725 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Wood Flooring
  • Storm Windows
  • Dryer

Kitchen

  • Double Oven
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Central Air
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Beckes Homes
  • Library Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 4214300010

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,644

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2005
  • Inclusions: Dishwasher,DoubleOven,Dryer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Laura's Lane
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3725
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,091

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Central A/C, Hardwood, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 3725
  • Main Level Bedrooms: 1
  • Bathrooms: 3.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3725
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Builder Name: Beckes Homes
  • Direction Faces: North
  • Exterior Features: Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Central A/C
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: garage
  • WaterHeaterType: gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 4214300010
  • Topography: Level,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.2429
  • Lot Size Sq Ft: 10581
  • Zoning Description: R9.6
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 14644

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 12, 2022
Sold by
Panagiotou James N and Panagiotou Ursula E
Bought by
Diego Kobe Trust
Seller's Agent
Melissa Boucher
Windermere Real Estate Midtown
Buyer's Agent
Brad Cahill
Real Residential
List Price
$3,650,000
Sold Price
$3,400,000
Premium/Discount to List
-$250,000
-6.85%
Current Estimated Value
$3,331,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,038
Avg. Annual Appreciation
-2.50%
Original Mortgage
$0
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Beckes Homes Inc
Bought by
Panagiotou James N and Panagiotou Ursula E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.48%
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
Diego Kobe Trust $3,400,000 Commonwealth Land Title
Panagiotou James N $1,425,000 Transnation Ti
Beckes Homes Inc -- Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Diego Kobe Trust $0
Previous Owner Panagiotou James N $716,000
Previous Owner Panagiotou James N $250,000
Previous Owner Panagiotou James N $882,750
Previous Owner Panagiotou James Nicholas $150,000
Previous Owner Panagiotou James N $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $3,400,000 -3.5% $913 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $3,525,000 -3.4% $946 / Sq Ft
07/26/2022 07/26/22 For Sale $3,650,000 -- $980 / 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 $17,112 $2,612,000 $1,225,000 $1,387,000
2023 $16,895 $2,453,000 $1,156,000 $1,297,000
2022 $14,963 $2,744,000 $1,301,000 $1,443,000
2021 $14,367 $2,031,000 $1,071,000 $960,000
2020 $14,644 $1,794,000 $1,020,000 $774,000
2018 $14,207 $1,814,000 $794,000 $1,020,000
2017 $12,400 $1,637,000 $718,000 $919,000
2016 $11,540 $1,523,000 $657,000 $866,000
2015 $11,123 $1,380,000 $595,000 $785,000
2014 -- $1,271,000 $550,000 $721,000
2013 -- $1,214,000 $538,000 $676,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1972256

Northwest Multiple Listing Service (NWMLS)

APN: 421430-0010