Listed by John L. Scott, Inc, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Estimated Value: $3,550,000 - $4,460,000

4 Beds
1 Bath
4,520 Sq Ft
$878/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $3,500,000 $774 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $22,650/month

2 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Attached Garage
  • Lakeridge Elementary School Rated A
  • Double Oven
  • 4-minute walk to Clarke Beach Park

About This Home

As of August 2021

Resort-like living year-round! Exquisitely updated & freshly painted 4,500+ sqft home on 1/3-acre lot w/ majestic views of Lake Washington & Mt. Rainier and close access to Clarke Beach. A refined interior mixes classic design w/ modern touches: main-floor owner’s suite, new wood floors, chef’s kitchen w/ ceiling-height backsplash, marble bathrooms, radiant heat, fireplaces w/ soaring stone surrounds & new light fixtures throughout. Exterior is an entertainer’s dream: lush landscaping surrounds separate bbq, dining & seating areas. The best of all worlds abound on Mercer Island—small-community tranquility & charm with large city conveniences (Seattle/Bellevue) a short commute away. Begin making memories in this incomparable oasis today!

Last Agent to Sell the Property

Kwasi Bowie

John L. Scott, Inc License #24979 Listed on: 07/07/2021

John L. Scott, Inc

Last Buyer's Agent

Jenni Sullivan

Windermere Real Estate/East License #119589

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1802834

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,935

Year Built

  • Built in 1994

Lot Details

  • Street terminates at a dead end
  • Level Lot
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Bathroom
  • Patio

Community Details

  • Mercer Island Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 9197800030

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,935

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet, P
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.25
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4520
  • Square Footage Finished: 4520

Exterior Features

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

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Heater: Crawlspace
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Community Features: CCRs

Schools

  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 12859
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 9197800030
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 16522

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 3, 2021
Sold by
Leung Kevin Kawai and Leung Nancy
Bought by
Akinola Tolulope Akinbanji and Tolulope Akinola Revocable Tru
Seller's Agent
Kwasi Bowie
John L. Scott, Inc
Buyer's Agent
Jenni Sullivan
Windermere Real Estate/East
List Price
$3,200,000
Sold Price
$3,500,000
Premium/Discount to List
$300,000
9.38%
Current Estimated Value
$3,970,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,063
Avg. Annual Appreciation
2.97%
Original Mortgage
$2,270,000
Outstanding Balance
$2,067,211
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,902,852

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 14, 2020
Sold by
Gao Linfeng
Bought by
Leung Kevin Kawai and Leung Nancy
Seller's Agent
Li Ning
Skyline Properties, Inc.
Buyer's Agent
Brandi Huff
COMPASS
List Price
$2,068,000
Sold Price
$1,978,000
Premium/Discount to List
-$90,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.25%
Original Mortgage
$1,582,400
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2019
Sold by
Hu Nan
Bought by
Gao Linfeng

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 23, 2016
Sold by
Smith Wendy D
Bought by
Gao Linfeng
Seller's Agent
Moira Holley
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Li Ning
Skyline Properties, Inc.
List Price
$1,895,000
Sold Price
$1,851,000
Premium/Discount to List
-$44,000
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Closed on
Mar 14, 2012
Sold by
Smith Jeffery S
Bought by
Smith Wendy D

Purchase Details

Closed on
Jun 22, 1995
Sold by
Residential Development Ltd
Bought by
Smith Jeffrey Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Akinola Tolulope Akinbanji $3,500,000 Modus Title
Leung Kevin Kawai $1,978,000 First American Title
Gao Linfeng -- None Available
Gao Linfeng $1,851,000 First American
Smith Wendy D -- None Available
Smith Jeffrey Stuart $770,000 Chicago Title Insurance Co
Smith Jeffrey Stuart -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akinola Tolulope Akinbanji $2,270,000
Previous Owner Leung Kevin Kawai $1,582,400
Previous Owner Smith Jeffrey Stuart $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2021 08/09/21 Sold $3,500,000 +9.4% $774 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $3,200,000 +61.8% $708 / Sq Ft
06/17/2020 06/17/20 Sold $1,978,000 -4.4% $438 / Sq Ft View Prior Sale
05/06/2020 05/06/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $2,068,000 +11.7% $458 / Sq Ft
06/28/2016 06/28/16 Sold $1,851,000 -2.3% $410 / Sq Ft View Prior Sale
05/27/2016 05/27/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $1,895,000 -- $419 / 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 $21,935 $3,349,000 $1,262,000 $2,087,000
2023 $21,575 $3,145,000 $1,191,000 $1,954,000
2022 $18,870 $3,517,000 $1,340,000 $2,177,000
2021 $15,823 $2,562,000 $1,103,000 $1,459,000
2020 $16,522 $1,976,000 $1,051,000 $925,000
2018 $16,028 $2,047,000 $953,000 $1,094,000
2017 $13,994 $1,847,000 $862,000 $985,000
2016 $13,018 $1,719,000 $788,000 $931,000
2015 $12,547 $1,557,000 $714,000 $843,000
2014 -- $1,434,000 $660,000 $774,000
2013 -- $1,204,000 $634,000 $570,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1802834

Northwest Multiple Listing Service (NWMLS)

APN: 919780-0030