NOT LISTED FOR SALE

Estimated Value: $4,445,000 - $5,846,000

5 Beds
2 Baths
4,840 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $3,900,000 $806 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $29,872/month

47 Days on Market

Highlights

  • Lake View
  • Craftsman Architecture
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Deck
  • 1-minute walk to Mercer Island Boat Launch

About This Home

As of February 2020

Spectacular newly constructed view home on the north end of Mercer Island! Easy access to I-90 just minutes to Seattle or Bellevue. Perched above Lake Washington, wonderful lake views from each floor. Built with extraordinary detail and craftsmanship, this home features a diversity of materials and technology. Five en suite bedrooms. Self sufficient lower level with kitchen and utility room. Created for entertaining, gatherings and relaxation, this property is a true sanctuary.

Last Agent to Sell the Property

Patrick Moore

Windermere Real Estate/East License #32537 Listed on: 11/27/2019

Windermere Real Estate/East

Last Buyer's Agent

Rachel Bradley

Coldwell Banker Bain License #49572

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1544809

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,692

Year Built

  • Built in 2018

Lot Details

  • Street terminates at a dead end
  • Sloped Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2 Bathrooms
  • 3 Fireplaces
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • North End Community

Listing and Financial Details

  • Assessor Parcel Number 0824059033

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,692

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Craftsman
  • New Construction: Completed
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Fireplace In Mstr Br, French Doors, High Tech Cabling, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Lower Level Bedroom: 2
  • Bathrooms: 5.00
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Lower
  • Estimated Sq Ft: 4840
  • Square Footage Finished: 4840

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Radiant, 90%+ High Efficiency
  • Sewer: Sewer Connected
  • Water Heater: Basement-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: North End

Schools

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

Lot Info

  • Lot Number: 2
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 13550
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 0824059033
  • Zoning Jurisdiction: City
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 20840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Feb 24, 2020
Sold by
Gib Development Llc
Bought by
Zlateff Matthew and Zlateff Carmen
Seller's Agent
Patrick Moore
Windermere Real Estate/East
Buyer's Agent
Rachel Bradley
Coldwell Banker Bain
List Price
$3,995,000
Sold Price
$3,900,000
Premium/Discount to List
-$95,000
-2.38%
Total Days on Market
47
Current Estimated Value
$4,925,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,025,207
Avg. Annual Appreciation
6.46%
Original Mortgage
$2,730,000
Outstanding Balance
$2,462,976
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,957,508

Purchase Details

Closed on
Aug 1, 2014
Sold by
On The Rock 98040 Llc
Bought by
Gib Development Llc

Purchase Details

Closed on
Mar 12, 2009
Sold by
The Lowman Family Trust
Bought by
On The Rock 98040 Llc

Purchase Details

Closed on
Sep 18, 2008
Sold by
Lowman Elsie I
Bought by
Coastal Land Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,106,000
Interest Rate
6.51%

Purchase Details

Closed on
Aug 21, 1990
Sold by
Lowman John P and Lowman Elsie I
Bought by
Lowman John P and Lowman Elsie I
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 Buyer Sale Price Title Company
Zlateff Matthew $3,900,000 Stewart Title Company
Gib Development Llc -- None Available
On The Rock 98040 Llc $1,010,000 Ticor National
Coastal Land Development Llc $1,175,000 Ticor Title
Lowman John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zlateff Matthew $2,730,000
Previous Owner Coastal Land Development Llc $1,106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $3,900,000 -2.4% $806 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $3,995,000 -- $825 / 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 $26,692 $4,076,000 $1,513,000 $2,563,000
2023 $26,857 $3,901,000 $1,428,000 $2,473,000
2022 $24,014 $4,363,000 $1,607,000 $2,756,000
2021 $24,069 $3,261,000 $1,323,000 $1,938,000
2020 $22,726 $3,007,000 $1,260,000 $1,747,000
2018 $20,840 $2,767,000 $1,118,000 $1,649,000
2017 $7,699 $2,402,000 $1,201,000 $1,201,000
2016 $7,163 $945,000 $925,000 $20,000
2015 $8,361 $856,000 $838,000 $18,000
2014 -- $811,000 $775,000 $36,000
2013 -- $993,000 $967,000 $26,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1544809

Northwest Multiple Listing Service (NWMLS)

APN: 082405-9033