Listed by Coldwell Banker Bain, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $5,456,000 - $5,589,000

5 Beds
5.5 Baths
6,005 Sq Ft
$922/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $5,200,000 $866 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $31,785/month

23 Days on Market

Highlights

  • Waterfront
  • Wine Cellar
  • Spa
  • Island Park Elementary School Rated A
  • New Construction
  • Two Primary Bedrooms

About This Home

As of September 2023

Outstanding New Construction at a Great New Price. Meticulous attention to detail. Breathtaking, flat back yard. Amazing indoor/outdoor living with 2 sets of LaCantina foldable doors. Multiple covered decks. Materials sourced from around the world, creating a sophisticated, comfortable home. Porcelain Slab Counters, Large Format Tile, Modern European Cabinetry. Wolf, Miele, Subzero, Bosch appliances. Elevator, Programmable Lutron lighting, Porcelanosa plumbing, Stunning lights. Wine cellar, Gym, Main Floor Guest Suite,2 offices, Hot Tub w/view. This home has it all! Spacious sun deck with idyllic views of the lake & trees. Quiet dead-end street. Secluded private beach. Hop over to the Shore Club w/ pool, beach, boat moorage, tennis & more.

Last Agent to Sell the Property

Becky Nadesan

Coldwell Banker Bain License #73944 Listed on: 08/22/2023

Coldwell Banker Bain

Co-Listed By

Sarah Ford

Coldwell Banker Bain License #4324

Last Buyer's Agent

Shawna Ader

Windermere Real Estate Midtown License #8066

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2153883

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,444

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.37 Acre Lot
  • Street terminates at a dead end
  • East Facing Home
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition
  • Zoning described as R15

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 6,005 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Gas Fireplace
  • Wine Cellar
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Deck
  • Patio

Location

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

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Generator Hookup
  • Tankless Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7776700011

Community Details

Overview

  • No Home Owners Association
  • Secondary HOA Phone (206) 972-1113
  • Built by Millad LLC
  • Mercerwood Subdivision
  • Electric Vehicle Charging Station

Recreation

  • Waterfront

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,444

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2023
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Mercerwood
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 6005
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-03-03
  • NewConstruction: Completed
  • Special Features: 4098

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Second Primary Bedroom, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Elevator, High Tech Cabling, Security System, Sprinkler System, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Wine Cellar, Wired for Generator, Fireplace
  • Living Area: 6005
  • Main Level Bedrooms: 1
  • Bathrooms: 4.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 6005
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 2
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 5

Exterior Features

  • Roof: Torch Down
  • View: Lake, Mountain(s)
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: No Bank
  • Waterfront: Yes
  • Builder Name: Millad LLC
  • Direction Faces: East
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach,Deeded Access

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • CableConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Community Waterfront/Pvt Beach
  • Senior Community: No
  • Phone: 206-972-1113
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 7776700011
  • Topography: Level,PartialSlope,Rolling
  • Land Lease: No
  • Lot Size Acres: 0.3726
  • Lot Size Sq Ft: 16230
  • Zoning Description: R15
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Electric Car Charging,Gas Available,High Speed Internet,Hot Tub/Spa,Irrigation,Patio,Sprinkler System
  • MLSLotSizeSource: Builder Plans
  • MLSSquareFootageSource: Building Plans
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9444

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2025
Sold by
Amended And Restated Artemis Fund and Cahill Michael R
Bought by
Sopris Llc
Current Estimated Value
$5,533,813

Purchase Details

Listed on
Aug 22, 2023
Closed on
Sep 22, 2023
Sold by
Millad V Llc
Bought by
Millad V Llc
Seller's Agent
Becky Nadesan
Coldwell Banker Bain
Buyer's Agent
Shawna Ader
Windermere Real Estate Midtown
List Price
$5,475,000
Sold Price
$5,200,000
Premium/Discount to List
-$275,000
-5.02%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.02%

Purchase Details

Closed on
Nov 11, 2016
Sold by
Millad V Llc
Bought by
Dorsey & Whitney Trust Company Llc
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
Sopris Llc $313 None Listed On Document
Millad V Llc $313 Chicago Title
Dorsey & Whitney Trust Company Llc $5,200,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $5,200,000 -5.0% $866 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $5,475,000 -- $912 / 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 $27,607 $4,216,000 $1,247,000 $2,969,000
2023 $21,053 $3,918,000 $1,177,000 $2,741,000
2022 $4,713 $3,432,000 $1,324,000 $2,108,000
2021 $4,713 $640,500 $640,500 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2153883

Northwest Multiple Listing Service (NWMLS)

APN: 777670-0011