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

Estimated Value: $827,000 - $3,104,000

0.31 Acre
$4,576,758 Price per Acre
13,395 Sq Ft Lot

Last Sold April 13, 2022

Last sale price $788,000

Est. 79% increase in value since last sale

Current estimated payment $7,638/month

Highlights

  • Secluded Lot
  • Territorial View
  • Cul-De-Sac
  • Island Park Elementary School Rated A
  • No HOA
  • Open Space

About This Lot

As of April 2022

Secluded, sylvan Mercer Island home site. One of the Island’s last opportunities to acquire a nearly 1/3-acre development lot in prime mid-island location, minutes from top-rated schools, parks, amenities, commuting routes including light rail (2023). Zoned R-15 (residential single-family) with one ADU allowed. Feasibility studies (provided) by superstar PNW architects BUILD LLC define 3 development paths to constructing an up to 4,558 SF home with potential Lake Washington views, based on completed topographic survey, arborist report, geotech report. For your own use or for investment-sale, enjoy a luxurious modern woodland sanctuary in one of America’s most tranquil, affluent enclaves – with much of the arduous planning work already done.

Last Agent to Sell the Property

Edward Krigsman

Windermere Real Estate Co. License #2270 Listed on: 02/22/2022

Windermere Real Estate Co.

Last Buyer's Agent

Tamera Camp

John L. Scott, Inc. License #90748

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1888215

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,720

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 149' x 96' x 127' x 100'
  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Secluded Lot
  • Sloped Lot
  • Zoning described as R-15

Schools

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

Additional Features

  • Territorial Views
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Dawn Vista Condos
  • Mercer Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1923000190

Property Details

Property Type

Land

Est. Annual Taxes

$4,720

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Dawn Vista
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Lightly Treed
  • Restrictions: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Open Space, Secluded
  • Road Surface Type: Paved, See Remarks
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved,See Remarks
  • RoadOnWhichSide: South
  • WaterJurisdiction: City of Mercer Island
  • Easements: Per title report

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Available, In Street
  • Water Source: Available, In Street, See Remarks
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: In Street
  • SepticDesignInstalled: false

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: 1923000190
  • Topography: SeeRemarks,Sloped
  • Lot Size Acres: 0.3075
  • Lot Size: 149' x 96' x 127' x 100'
  • Lot Size Sq Ft: 13394
  • Zoning Description: R-15
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • PublicLandSurvey: 05-24-18-SE

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4720

MLS Schools

  • Elementary School: Island Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2021
Sold by
Shaverdian Merdad and The Merdad And Janet Shaverdia
Bought by
Maddux Jonathan A and Maddux Rachel E
Current Estimated Value
$1,407,353

Purchase Details

Closed on
Sep 15, 2006
Sold by
Shaverdian Merdad and Shaverdian Janet
Bought by
Shaverdian Merdad and Shaverdian Janet

Purchase Details

Closed on
Jul 25, 2005
Sold by
Teute William J
Bought by
Shaverdian Merdad and Shaverdian Janet

Purchase Details

Closed on
Jun 9, 1989
Sold by
Iszler Marilyn
Bought by
Teute William J
Source: Public Records

Range of Values:

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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
Maddux Jonathan A $280,000 Chicago Title Company Of Wa
Shaverdian Merdad -- None Available
Shaverdian Merdad $170,000 Transnation Ti
Teute William J $45,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $788,000 0.0% --
03/06/2022 03/06/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $788,000 -- --
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 $2,113 $320,000 $320,000 --
2023 $2,097 $302,000 $302,000 $0
2022 $4,558 $340,000 $340,000 $0
2021 $4,720 $280,000 $280,000 $0
2020 $1,998 $588,000 $588,000 $0
2018 $1,953 $247,000 $247,000 $0
2017 $1,678 $224,000 $224,000 $0
2016 $1,565 $205,000 $205,000 $0
2015 $1,514 $186,000 $186,000 $0
2014 -- $172,000 $172,000 $0
2013 -- $160,000 $160,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1888215

Northwest Multiple Listing Service (NWMLS)

APN: 192300-0190