NOT LISTED FOR SALE

Estimated Value: $2,732,000 - $3,289,000

5 Beds
1 Bath
3,650 Sq Ft
$833/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $2,275,000 $623 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $18,344/month

52 Days on Market

Highlights

  • Waterfront Community
  • Docks
  • Fruit Trees
  • Island Park Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of October 2018

SHARED WATERFRONT! Soaring eagles, wonderous Lake Washington views + majestic Mt. Rainier backdrop. Lovingly renovated to enhance its original 1968 architecture while making it infinitely livable for 2018! Remodeled kitchen, main floor master, all BA updated, over $200k invested in landscaping + hardscape + solar! 3 BRs up + bonus. Main floor master, living, dining, kitchen + 3 view decks. Lower level BR, mud/laundry, rec rm + media rm. 1/5 interest in 50’ Waterfront w/dock/moorage + picnic lawn

Last Listed By

Michele Schuler

Realogics Sotheby's Int'l Rlty License #22014412 Listed on: 07/23/2018

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1332413

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,805

Year Built

  • Built in 1968

Lot Details

  • Street terminates at a dead end
  • Brush Vegetation
  • Sloped Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is zoned R15

Parking

  • Detached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1438700040

Community Details

Overview

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

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,805

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Loft, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 3.25
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3650
  • Square Footage Finished: 3650

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, High Efficiency (Unspecified), Tankless Water Heater
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Utility Room-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Community Features: CCRs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 19447
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Partial Slope
  • Parcel Number: 1438700040
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Fruit Trees, Garden Space, Partial Slope

Tax Info

  • Tax Amount: 12690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Oct 5, 2018
Sold by
Jansen Erik N
Bought by
Chia Mike and Chia Daryl
Seller's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Jacob Davydov
360 Pacific
List Price
$2,388,000
Sold Price
$2,275,000
Premium/Discount to List
-$113,000
-4.73%
Total Days on Market
52
Current Estimated Value
$3,041,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,222
Avg. Annual Appreciation
5.01%

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 24, 2018
Sold by
Moyowazi Partners Llc
Bought by
Jansen Erik N
Seller's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Jacob Davydov
360 Pacific
List Price
$2,388,000
Sold Price
$2,275,000
Premium/Discount to List
-$113,000
-4.73%

Purchase Details

Closed on
Aug 25, 2016
Sold by
Schuler Michele Predmore
Bought by
Moyowazi Partners Llc

Purchase Details

Listed on
Jun 6, 2014
Closed on
Aug 25, 2014
Sold by
Mack George M and Mack Anne
Bought by
Schuler Michele Predmore
Seller's Agent
Richard Lentz
Coldwell Banker Bain
Buyer's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
List Price
$1,450,000
Sold Price
$1,321,625
Premium/Discount to List
-$128,375
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$1,057,300
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Chia Mike $2,275,000 Chicago Title
Jansen Erik N -- None Available
Moyowazi Partners Llc $1,800,000 Rainier Title
Schuler Michele Predmore $1,321,625 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schuler Michele Predmore $1,057,300
Previous Owner Mack George M $300,000
Previous Owner Mack George M $298,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $2,275,000 -4.7% $623 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $2,388,000 +80.7% $654 / Sq Ft
08/28/2014 08/28/14 Sold $1,321,625 -8.9% $362 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $1,450,000 0.0% $397 / Sq Ft
07/06/2014 07/06/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $1,450,000 -- $397 / 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 $17,805 $2,718,000 $1,674,000 $1,044,000
2023 $17,583 $2,553,000 $1,580,000 $973,000
2022 $15,324 $2,855,000 $1,778,000 $1,077,000
2021 $14,711 $2,080,000 $1,464,000 $616,000
2020 $14,336 $1,837,000 $1,395,000 $442,000
2018 $12,690 $1,776,000 $1,154,000 $622,000
2017 $10,578 $1,462,000 $1,044,000 $418,000
2016 $9,844 $1,299,000 $955,000 $344,000
2015 $9,121 $1,177,000 $865,000 $312,000
2014 -- $1,042,000 $800,000 $242,000
2013 -- $966,000 $682,000 $284,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1332413

Northwest Multiple Listing Service (NWMLS)

APN: 143870-0040