Listed by Metropolitan Park, LLC, Bought with Metropolitan Park, LLC
NOT LISTED FOR SALE

Estimated Value: $1,573,000 - $2,080,000

4 Beds
3 Baths
1,930 Sq Ft
$965/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $1,425,000 $738 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,772/month

4 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Wooded Lot
  • Lakeridge Elementary School Rated A
  • Secluded Lot
  • 4-minute walk to Pioneer Park

About This Home

As of February 2024

If writers Jack Kerouac or Mary Pope Osborne built a home on Mercer Island this might be it. Warm and inviting, this 4-bed 3-bath mid-century urban cabin is a private sanctuary tucked into the trees. Open living, dining, fireplaces and kitchen grace the main floor. Lower level hosts the primary w/ensuite, 3 additional bedrooms, third bath & laundry. Sited on a spacious 16,440 sq ft lot in a well-established south end neighborhood presents favor to updates or new build. Home is an estate and sold as-is, but so livable. Property flanks Pioneer Park forested hiking/running trails. Two block walk to south end shopping, coffee, dining. Moments to downtown Mercer Island, easy access to I-90. Sought after top rated Mercer Island schools. A gem!

Last Agent to Sell the Property

Michelle Grimm

Metropolitan Park, LLC License #16949 Listed on: 01/26/2024

Last Buyer's Agent

Karin Tully Garrett

Metropolitan Park, LLC License #99206

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2193318

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,063

Year Built

  • Built in 1961

Lot Details

  • 0.38 Acre Lot
  • Southwest Facing Home
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Lakeridge Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3024059106

Community Details

Overview

  • No Home Owners Association
  • South End Subdivision
  • Property is near a preserve or public land

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,063

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1961
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1930
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Carpet
  • Interior Amenities: Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 1930
  • Bathrooms: 2.75
  • BathsFullMain: 1
  • SquareFootageFinished: 1930
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 4
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 2
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • Lot Features: Adjacent to Public Land, Paved, Secluded
  • View: No
  • Waterfront: No
  • Direction Faces: Southwest
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Park, Trail(s)
  • 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: 3024059106
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.3774
  • Lot Size Sq Ft: 16440
  • Zoning Description: SFR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 11063

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Feb 27, 2024
Sold by
Conway Peter W
Bought by
Wang Matthew Z
Seller's Agent
Michelle Grimm
Metropolitan Park, LLC
Buyer's Agent
Karin Tully Garrett
Metropolitan Park, LLC
List Price
$1,380,000
Sold Price
$1,425,000
Premium/Discount to List
$45,000
3.26%
Views
32
Current Estimated Value
$1,862,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,368
Avg. Annual Appreciation
16.53%
Original Mortgage
$730,000
Outstanding Balance
$721,303
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$1,093,390

Purchase Details

Closed on
Jun 4, 2018
Sold by
Conway Peter and Loepp Robin E
Bought by
Conway Thomas R

Purchase Details

Closed on
May 7, 2018
Sold by
Conway Claire
Bought by
Conway Peter and Loepp Robin E

Purchase Details

Closed on
May 24, 2017
Sold by
Conway Thomas R
Bought by
Conway Peter W and Loepp Robin R
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
Wang Matthew Z $1,425,000 First American Title
Conway Thomas R -- None Available
Conway Peter -- None Available
Conway Peter W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Matthew Z $730,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $1,425,000 +3.3% $738 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $1,380,000 -- $715 / 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 $11,242 $1,715,000 $1,345,000 $370,000
2023 $11,102 $1,611,000 $1,269,000 $342,000
2022 $9,930 $1,802,000 $1,428,000 $374,000
2021 $9,536 $1,347,000 $1,176,000 $171,000
2020 $7,374 $1,190,000 $1,120,000 $70,000
2018 $7,157 $913,000 $867,000 $46,000
2017 $6,251 $824,000 $784,000 $40,000
2016 $5,818 $767,000 $717,000 $50,000
2015 $5,607 $695,000 $649,000 $46,000
2014 -- $640,000 $600,000 $40,000
2013 -- $623,000 $577,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2193318

Northwest Multiple Listing Service (NWMLS)

APN: 302405-9106