Listed by Providential Real Estate LLC, Bought with Bushnell Real Estate Solutions
$2,000,000
SOLD AUG 15, 2024
5 Beds
3 Baths
2,980 Sq Ft
8,576 Sq Ft Lot

Recently Sold

$671 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Vaulted Ceiling
  • 2 Fireplaces

About This Home

As of August 2024

Charming 5 bed mid-century modern home on North End of Mercer Island. Enjoy the quiet & peaceful setting, while being just minutes to schools, swimming pools, & quick access to I-90. Vaulted cedar ceilings, complemented by huge picture windows offering territorial views and tons of natural light. Remodeled kitchen boasts a large island w/ prep sink, abundant designer cabinetry, a beverage cooler & water purifying system. Large slider in formal dining leads to sizable deck for outdoor living. Spacious primary suite, two add’l beds & two updated baths on main. Lower level features a bonus room, two more beds and ¾ bath. Energy efficient AC/Heat pump provides year-round comfort. Re-designed backyard w/ lawn & playground. Excellent MI schools!

Last Agent to Sell the Property

Jade Wang

Providential Real Estate LLC License #93697 Listed on: 07/11/2024

Providential Real Estate LLC

Last Buyer's Agent

Qian Zhang

Bushnell Real Estate Solutions License #127910

Bushnell Real Estate Solutions

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2259873

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,128

Year Built

  • Built in 1959

Lot Details

  • 8,576 Sq Ft Lot
  • Southeast Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2,980 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Territorial Views
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mercerwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5456000250

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,128

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2980
  • SeniorExemption: false
  • SOCComments: Thank you!
  • Special Features: VirtualTour
  • Cumulative Days on Market: 366

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Laminate, Bath Off Primary, Double Pane/Storm Window, Dining Room, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 2980
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2980
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1

Exterior Features

  • Roof: Cedar Shake
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: Southeast
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electricity
  • CableConnected: Comcast
  • InternetConnected: Xfinity

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: 5456000250
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.1969
  • Lot Size Sq Ft: 8576
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9128

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Northwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 2, 2024
Sold by
Yang Chen and Fang F
Bought by
Gao Rui and Gulyani Sajeev
Seller's Agent
Jade Wang
Providential Real Estate LLC
Buyer's Agent
Qian Zhang
Bushnell Real Estate Solutions
List Price
$2,000,000
Sold Price
$2,000,000
Views
5
Current Estimated Value
$2,042,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,977
Avg. Annual Appreciation
0.20%
Original Mortgage
$1,600,000
Outstanding Balance
$1,586,282
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$417,605

Purchase Details

Listed on
Sep 29, 2015
Closed on
Nov 10, 2015
Sold by
Penitsch Marilyn L
Bought by
Yang Chen and Fang Fang
Seller's Agent
Jay Agoado
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Wenyan Xu
Coldwell Banker Bain
List Price
$900,000
Sold Price
$939,000
Premium/Discount to List
$39,000
4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$720,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 1988
Sold by
Penitsch Arline and Penitsch M
Bought by
Penitsch Arline N
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,000,000 Chicago Title
Warranty Deed $939,000 Ticor National
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,600,000 New Conventional
Previous Owner $629,774 New Conventional
Previous Owner $700,000 New Conventional
Previous Owner $720,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $2,000,000 0.0% $671 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $2,000,000 +113.0% $671 / Sq Ft
11/25/2015 11/25/15 Sold $939,000 +4.3% $315 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $900,000 -- $302 / 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 $9,069 $1,383,000 $950,000 $433,000
2023 $9,128 $1,324,000 $897,000 $427,000
2022 $8,164 $1,481,000 $1,010,000 $471,000
2021 $8,024 $1,107,000 $832,000 $275,000
2020 $8,795 $1,001,000 $793,000 $208,000
2018 $8,311 $1,060,000 $612,000 $448,000
2017 $7,024 $957,000 $554,000 $403,000
2016 $5,968 $862,000 $507,000 $355,000
2015 $5,756 $713,000 $459,000 $254,000
2014 -- $657,000 $425,000 $232,000
2013 -- $541,000 $441,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2259873

Northwest Multiple Listing Service (NWMLS)

APN: 545600-0250