Listed by Windermere Real Estate/East, Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

Estimated Value: $3,588,000 - $4,049,000

5 Beds
4.5 Baths
3,987 Sq Ft
$944/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $3,450,000 $865 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $22,239/month

1 Day on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Territorial View
  • Island Park Elementary School Rated A
  • Property is near public transit
  • 5-minute walk to Island Crest Park

About This Home

As of July 2023

Unwind in ultimate luxury in the latest offering from the William E Buchan Legacy Series. Just completed, this stunning five bedroom home with dedicated main floor guest suite and private bath, will capture your heart. Nestled on a lushly landscaped and fully fenced private setting, you will enjoy all of the benefits of life on Mercer Island with it's top rated schools, great access to Seattle and the Eastside and convenient shopping and restaurants. Luxury features include rich hardwood flooring, creamy quartz counters in the kitchen and baths, covered patio wired for heat lamps, pre-wired for EV charger, AC, generator and much more. Create lasting memories for future generations in this timeless property!

Last Agent to Sell the Property

Susan T. Jones

Windermere Real Estate/East License #4750 Listed on: 06/22/2023

Windermere Real Estate/East

Last Buyer's Agent

Michele Schuler

Realogics Sotheby's Int'l Rlty License #22014412

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2130770

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,691

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.26 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 3,987 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views

Kitchen

  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Concrete

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Schools

  • Island Park Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Central Air
  • High Efficiency Heating System
  • Heat Pump System
  • Smart Home Wiring
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Built by William E. Buchan, Inc.
  • Mercer Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8650900025

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,691

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2023
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,SeeRemarks,TrashCompactor,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 3987
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-06-19
  • NewConstruction: Completed
  • NWM_ExcludedItemsYN: false
  • Special Features: 4098
  • Cumulative Days on Market: 760

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, See Remarks, Trash Compactor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Concrete, Engineered Hardwood, Carpet
  • Interior Amenities: Concrete, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Security System, SMART Wired, Walk-In Closet(s), Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 3987
  • Main Level Bedrooms: 1
  • Bathrooms: 4
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3987
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,See Remarks,Trash Compactor
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: William E. Buchan, Inc.
  • Exterior Features: Cement Planked, Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

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: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Hybrid heat pump
  • CableConnected: Xfinity
  • InternetConnected: Your choice

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 8650900025
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2579
  • Lot Size Sq Ft: 11235
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Electric Car Charging,Fenced-Fully,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Builder

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Island Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
9017 Se 60 Llc
Bought by
William E Buchan Inc
Current Estimated Value
$3,765,130

Purchase Details

Closed on
Jul 9, 2020
Sold by
Escamilla Mark Richard and Escamilla Eunmi Park
Bought by
9017 Se 60 Llc

Purchase Details

Closed on
Oct 31, 2018
Sold by
Escamilla Mark Richard and Escamilla Eunmi Park
Bought by
Escamilla Mark Richard and Escamilla Eunmi Park

Purchase Details

Closed on
Jun 4, 2018
Sold by
Jacobson Lorne R and Staley Lauren C
Bought by
Escamilla Mark R and Escamilla Eunmi P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 23, 2002
Sold by
Jacobson Lorne R and Jacobson Lorne
Bought by
Jacobson Lorne R and Stanley Lauren C

Purchase Details

Closed on
Apr 2, 2001
Sold by
Staley Lauren C
Bought by
Jacobson Lorne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.09%

Purchase Details

Closed on
Mar 14, 2000
Sold by
Wang Wei Chun and Lee Ni
Bought by
Jacobson Lorne R and Staley Lauren C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Interest Rate
8.5%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Schuman David M
Bought by
Wang Wei-Chun and Ni Lee
Source: Public Records

Range of Values:

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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
William E Buchan Inc $1,525,000 Chicago Title Company Of Wa
9017 Se 60 Llc $1,140,000 Chicago Title
Escamilla Mark Richard -- None Available
Escamilla Mark R $950,000 Fidelity National Title
Jacobson Lorne R -- Fidelity Natio
Jacobson Lorne R -- Fidelity National Title
Jacobson Lorne R $488,000 Transnation Title Insurance
Wang Wei-Chun $215,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escamilla Mark Richard $735,000
Previous Owner Escamilla Mark R $750,000
Previous Owner Jacobson Lorne R $247,701
Previous Owner Jacobson Lorne R $406,100
Previous Owner Jacobson Lorne R $416,409
Previous Owner Jacobson Lorne R $223,356
Previous Owner Jacobson Lorne R $416,000
Previous Owner Jacobson Lorne R $439,200
Closed Jacobson Lorne R $39,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $3,450,000 -1.4% $865 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $3,500,000 -- $878 / 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 $20,691 $3,159,000 $1,170,000 $1,989,000
2023 $9,531 $2,967,000 $1,104,000 $1,863,000
2022 $8,554 $1,552,000 $1,242,000 $310,000
2021 $8,216 $1,160,000 $1,023,000 $137,000
2020 $7,658 $1,025,000 $975,000 $50,000
2018 $7,435 $948,000 $794,000 $154,000
2017 $6,284 $856,000 $718,000 $138,000
2016 $5,851 $771,000 $657,000 $114,000
2015 $5,642 $699,000 $595,000 $104,000
2014 -- $644,000 $550,000 $94,000
2013 -- $581,000 $538,000 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2130770

Northwest Multiple Listing Service (NWMLS)

APN: 865090-0025