NOT LISTED FOR SALE

9640 SE 61st Place Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated Value: $3,813,000 - $4,824,322

5 Beds
4 Baths
3,900 Sq Ft
$1,110/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $2,850,000 $731 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $25,781/month

117 Days on Market

Highlights

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

About This Home

As of November 2018

Spectacular light instilled home w/private 34 feet of waterfront 75 foot dock unencumbered water & mountain views. Opulent finishes hardwood, bamboo, granite chefs kitchen & boasting 1,000 sq ft deck ideal for entertaining. Choose from a private level master suite w/deck or main level en-suite master. Amenities not shy of luxe outdoor endless pool spa, spa baths, study, office with water-views & a boat lift.

Last Agent to Sell the Property

Micka Pierre

L.D.C. Realty License #27510 Listed on: 06/05/2018

Last Buyer's Agent

Micka Pierre

L.D.C. Realty License #27510 Listed on: 06/05/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1305542

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,221

Year Built

  • Built in 1969

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Sloped Lot
  • Fruit Trees
  • Garden
  • Value in Land
  • Property is zoned R15

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

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

Interior Spaces

  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 4260000060

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,221

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, 2nd Master Br, Wine Cellar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Jetted Tub, Skylights, Solarium/Atrium, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 5
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 3.50
  • Bathrooms Main: Main
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3900
  • Square Footage Finished: 3900
  • Square Footage Unfinished: 380

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain
  • Waterfront: Bank-High, Lake
  • Waterfront Frontage: 34
  • Pool: Above Ground

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Stove/Free Standing
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Available
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Heater: Garage-Converntional
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End
  • Project: Leland Add

Schools

  • Elementary School: Island Park Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 6
  • Lot Details: Dead End Street, Paved Street, Secluded, Value In Land
  • Lot Sq Ft: 14275
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Partial Slope
  • Parcel Number: 4260000060
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Fruit Trees, Garden Space, Partial Slope

Tax Info

  • Tax Amount: 21551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Oct 29, 2018
Sold by
Chong Taek and Chong Hyuna
Bought by
Fauser Michael and Fauser Lana
Seller's Agent
Micka Pierre
L.D.C. Realty
Buyer's Agent
Micka Pierre
L.D.C. Realty
List Price
$3,350,000
Sold Price
$2,850,000
Premium/Discount to List
-$500,000
-14.93%
Current Estimated Value
$4,330,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,480,581
Avg. Annual Appreciation
7.66%
Original Mortgage
$422,500
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 1999
Sold by
Jeffrey Michael R and Dunbar Patricia L
Bought by
Chong Taek and Chong Hyuna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
8.27%
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
Fauser Michael $2,850,000 Wfg National Title Company O
Chong Taek $950,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fauser Michael $500,000
Closed Fauser Michael $250,000
Open Fauser Michael $2,387,000
Closed Fauser Michael $2,400,000
Closed Fauser Michael $422,500
Previous Owner Chong Taek $200,000
Previous Owner Chong Taek $1,229,200
Previous Owner Chong Taek $525,000
Previous Owner Chong Taek $250,000
Previous Owner Chong Taek $899,000
Previous Owner Chong Taek $712,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2018 11/06/18 Sold $2,850,000 -6.3% $731 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
09/20/2018 09/20/18 Price Changed $3,040,000 -3.5% $779 / Sq Ft
07/31/2018 07/31/18 Price Changed $3,150,000 -6.0% $808 / Sq Ft
06/05/2018 06/05/18 For Sale $3,350,000 -- $859 / 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 $26,221 $4,004,000 $1,866,000 $2,138,000
2023 $25,791 $3,760,000 $1,761,000 $1,999,000
2022 $22,373 $4,205,000 $1,982,000 $2,223,000
2021 $21,478 $3,038,000 $1,632,000 $1,406,000
2020 $19,790 $2,683,000 $1,555,000 $1,128,000
2018 $21,551 $2,573,000 $1,319,000 $1,254,000
2017 $18,200 $2,484,000 $1,269,000 $1,215,000
2016 $16,927 $2,236,000 $1,160,000 $1,076,000
2015 $16,306 $2,025,000 $1,050,000 $975,000
2014 -- $1,864,000 $971,000 $893,000
2013 -- $1,358,000 $809,000 $549,000
Source: Public Records

Agents Affiliated with this Home

  • Micka Pierre

    Seller's Agent in 2018

    Micka Pierre

    L.D.C. Realty

    (425) 974-0431

    6 Total Sales

    Micka Pierre
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1305542

Northwest Multiple Listing Service (NWMLS)

APN: 426000-0060

Washington King County Mercer Island 98040 Parkwood - Mercer Firs

9640 SE 61st Place, Mercer Island, WA

This home is located at 9640 SE 61st Place, Mercer Island, WA 98040 since 05 June 2018 and is currently estimated at $4,330,581, approximately $1,110 per square foot. This property was built in 1969. 9640 SE 61st Place is a home located in King County with nearby schools including Island Park Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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