NOT LISTED FOR SALE

Estimated Value: $2,809,610 - $3,300,000

4 Beds
3 Baths
3,100 Sq Ft
$976/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $1,700,000 $548 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $17,997/month

Highlights

  • Waterfront Community
  • Lake View
  • Property is near public transit
  • Northwood Elementary School Rated A
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of March 2014

Twice in a lifetime. This one-owner property has not been on the market for over 66 years! Coveted address w/sweeping view East to Lake Washington and the Cascades, West to Seattle, lake and Olympics. Flat property, abutting Luther Burbank Park, above the pea patch area. Value is in the land. Enjoy an exceptional opportunity to remodel this well built home or build your dream on this one of a kind property. Includes 1/26th interest in Mercer Beach Park Community Waterfront w/day moorage.

Last Buyer's Agent

Marianne Parks

Windermere Mercer Island License #20785

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 598506

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,903

Year Built

  • Built in 1949

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System
  • Garden
  • Value in Land
  • Property is in good condition
  • Zoning described as R-12

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dining Room
  • Partially Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Location

  • Property is near public transit

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Heat Pump System
  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 5449300110

Community Details

Overview

  • North End Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,903

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1949
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Mercer Beach Park Add
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 3100
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Partially Finished
  • Appliances: Dishwasher, Dryer, Disposal, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Split
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo/Cork, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Wall to Wall Carpet, Bamboo/Cork, Wired for Generator, Double Pane/Storm Window, Dining Room, High Tech Cabling, Vaulted Ceiling(s), Water Heater
  • Living Area: 3100
  • Main Level Bedrooms: 2
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3100
  • 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,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s)
  • Lot Features: Dead End Street, Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: Park & Ride

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Forced Air,Heat Pump
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City Mercer Island
  • WaterCompany: City Mercer Island
  • WaterHeaterLocation: Lower Laundry Area
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs, Community Waterfront/Pvt Beach
  • Senior Community: No
  • Association Fee: 20

Schools

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

Lot Info

  • Parcel Number: 5449300110
  • Topography: Level
  • Lot Size Acres: 0.3444
  • Lot Size: 100 x 150
  • Lot Size Sq Ft: 15000
  • Zoning Description: R-12
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Sprinkler System
  • MLSSquareFootageSource: KCAR
  • ZoningJurisdiction: City
  • LotNumber: 22

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2012
  • Tax Annual Amount: 11903

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Klesert Todd R and Klesert Jennifer R
Bought by
Klesert-Chao Living Trust and Klesert
Current Estimated Value
$3,026,153

Purchase Details

Listed on
Feb 28, 2014
Closed on
Mar 17, 2014
Sold by
Ketter David E
Bought by
Klesert Todd R and Chao Jennifer R
Buyer's Agent
Marianne Parks
Windermere Mercer Island
List Price
$1,698,000
Sold Price
$1,700,000
Premium/Discount to List
$2,000
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$1,360,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2011
Sold by
Barto Margaret B
Bought by
Ketter David E

Purchase Details

Closed on
May 5, 1983
Sold by
Barto Margaret B $Er
Bought by
Barto Margaret B $T
Source: Public Records

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
Klesert-Chao Living Trust $313 None Listed On Document
Klesert Todd R $1,700,000 Chicago Title
Ketter David E -- None Available
Barto Margaret B $T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klesert Todd R $1,111,500
Previous Owner Klesert Todd R $1,323,350
Previous Owner Klesert Todd R $1,360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $1,700,000 +0.1% $548 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $1,698,000 -- $548 / 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 $17,145 $2,617,000 $2,072,000 $545,000
2023 $16,930 $2,458,000 $1,955,000 $503,000
2022 $15,140 $2,749,000 $2,200,000 $549,000
2021 $14,535 $2,055,000 $1,811,000 $244,000
2020 $13,752 $1,815,000 $1,725,000 $90,000
2018 $13,409 $1,707,000 $1,697,000 $10,000
2017 $11,514 $1,545,000 $1,535,000 $10,000
2016 $10,713 $1,414,000 $1,404,000 $10,000
2015 $10,371 $1,281,000 $1,271,000 $10,000
2014 -- $1,185,000 $1,175,000 $10,000
2013 -- $1,366,000 $1,130,000 $236,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 598506

Northwest Multiple Listing Service (NWMLS)

APN: 544930-0110