NOT LISTED FOR SALE

Mercer Island, WA 98040

Downtown Mercer Island Neighborhood

Estimated Value: $795,000 - $962,000

2 Beds
2 Baths
1,604 Sq Ft
1.45 Acres

Last Sold January 31, 2017

Last sale price $590,000 $368 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,066/month

Highlights

  • 1 Fireplace
  • Ceramic Tile Flooring
  • Wood Siding
  • West Mercer Elementary School Rated A
  • Cats Allowed

About This Home

As of January 2017

Updated, Large condo in Downtown Mercer Island, lives like a house. Great complex with no rental cap. NO dogs allowed, unless service animal. 2 parking spaces, one covered.

Last Buyer's Agent

Adelina Draghici

Coldwell Banker Bain License #113532

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1074993

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 1982

Lot Details

  • 1.45

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 6633200180

Community Details

Overview

  • 40 Units
  • Downtown Community
  • 5-Story Property

Pet Policy

  • Pet Restriction
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,032

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Laminate
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1604

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Carport, Uncovered

Condo/Co-op/Association

  • Numberof Units in Building: 40
  • HOA Fees: 593
  • Community Name: Downtown
  • Project: Parc Mercer
  • Cats And Dogs: Cats Only, Subj To Restrictions
  • Manager Contact Information: Sid Hovarth
  • Home Owner Dues Included: Central Hot Water, Earthquake Ins., Garbage, Snow Removal, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: End Unit

Schools

  • Elementary School: West Mercer Elem
  • School District: MIS

Lot Info

  • Parcel Number: 6633200180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
Jan 24, 2017
Sold by
Tamacki Naoko
Bought by
Tamaoki Hiroichi
Buyer's Agent
Adelina Draghici
Coldwell Banker Bain
List Price
$590,000
Sold Price
$590,000
Current Estimated Value
$854,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,504
Avg. Annual Appreciation
4.41%
Original Mortgage
$412,500
Outstanding Balance
$341,150
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$513,354

Purchase Details

Listed on
Jan 31, 2017
Closed on
Jan 12, 2017
Sold by
Osborne James H and Osborne Diane B
Bought by
Tamaoki Hiroichi W
Buyer's Agent
Adelina Draghici
Coldwell Banker Bain
List Price
$590,000
Sold Price
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$341,150
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$513,354

Purchase Details

Closed on
Oct 24, 2014
Sold by
Osborne James H and Osborne Diane B
Bought by
Osborne Family Trust and Osborne Diane B

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 22, 2013
Sold by
Reinkens James B and Reinkens Tami L
Bought by
Osborne James H and Osborne Diane B
Seller's Agent
Scott MacRae
John L. Scott, Inc.
Buyer's Agent
Galen Hubert
Coldwell Banker Bain
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Nov 30, 2005
Sold by
Keren Ruth
Bought by
Reinkens James B and Reinkens Tami L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 10, 1999
Sold by
May Thomas P and May Kathleen M
Bought by
Keren Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.7%

Purchase Details

Closed on
Sep 13, 1995
Sold by
Threlkeld Edith J
Bought by
May Thomas P and May Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
7.8%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tamaoki Hiroichi -- Rainier Title
Tamaoki Hiroichi W $590,000 Rainier Title
Osborne Family Trust -- None Available
Osborne James H $425,000 Chicago Title
Reinkens James B $335,000 Lawyers Title
Keren Ruth $210,000 Chicago Title Insurance Co
May Thomas P $153,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamaoki Hiroichi $412,500
Previous Owner Reinkens James B $282,000
Previous Owner Reinkens James B $234,500
Previous Owner Keren Ruth $120,000
Previous Owner May Thomas P $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $590,000 0.0% $368 / Sq Ft
01/31/2017 01/31/17 For Sale $590,000 +38.8% $368 / Sq Ft
08/26/2013 08/26/13 Sold $425,000 0.0% $265 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $425,000 -- $265 / 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 $5,032 $766,000 $360,400 $405,600
2023 $4,769 $858,000 $351,400 $506,600
2022 $4,668 $775,000 $342,400 $432,600
2021 $5,224 $632,000 $270,300 $361,700
2020 $4,895 $651,000 $270,300 $380,700
2018 $4,782 $646,000 $191,000 $455,000
2017 $3,624 $550,000 $176,600 $373,400
2016 $3,680 $444,000 $174,800 $269,200
2015 $3,238 $439,000 $174,800 $264,200
2014 -- $369,000 $153,100 $215,900
2013 -- $244,000 $153,100 $90,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2017

    Adelina Draghici

    Coldwell Banker Bain

    Section Image
  • Scott MacRae

    Seller's Agent in 2013

    Scott MacRae

    John L Scott

    (206) 499-5766

    40 Total Sales

    Scott MacRae
    Section Image
  • Becky Nadesan

    Seller Co-Listing Agent in 2013

    Becky Nadesan

    Coldwell Banker Bain

    (206) 972-1113

    1 in this area

    68 Total Sales

    Becky Nadesan
    Section Image

  • G

    Buyer's Agent in 2013

    Galen Hubert

    Coldwell Banker Bain

    (206) 232-4600

    3 Total Sales

    Galen Hubert
    Section Image
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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1074993

Northwest Multiple Listing Service (NWMLS)

APN: 663320-0180

Washington King County Mercer Island 98040

Downtown Mercer Island

This home since 31 January 2017 and is currently estimated at $854,504, approximately $532 per square foot. This property was built in 1982. This home is a home located in King County with nearby schools including West Mercer 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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