Listed by Carrie James, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $3,478,000

2 Beds
1 Bath
1,300 Sq Ft
$2,675/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $3,300,000 $2,538 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $26,433/month

242 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Secluded Lot
  • Island Park Elementary School Rated A+
  • Contemporary Architecture
  • 1-Story Property

About This Home

As of May 2017

NW Contemporary mid-century modern by Paul Kirk on the Westside. First time on the market in over 50 years. Private, 135ft of waterfront. Truly, a special property and history. A must see.

Last Agent to Sell the Property

Carrie James

Carrie James License #23074 Listed on: 07/06/2016

Carrie James

Last Buyer's Agent

Kelly Weisfield

COMPASS License #109428

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 972176

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,243

Year Built

  • Built in 1944

Lot Details

  • 0.52 Acre Lot
  • Low Bank Waterfront Property
  • 135 Feet of Waterfront
  • Secluded Lot
  • Property is in good condition

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Lake Views
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • Island Park Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Community Details

  • Westside Subdivision

Listing and Financial Details

  • Legal Lot and Block 14-15-16 / 024601/3013
  • Assessor Parcel Number 4097100075

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,243

Year Built

Built in 1944

Lot Details

0.52 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1944
  • Inclusions: Dishwasher,GarbageDisposal,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Lake View Highlands Waterfront
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1300
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Forced Air
  • Living Area: 1300
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1300
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Built-Up
  • View: Lake
  • Lot Features: Secluded
  • View: Yes
  • Waterfront Features: Bank-Low
  • Waterfront: Yes
  • Exterior Features: Wood
  • Property Condition: Good
  • Structure Type: House
  • ConstructionMethods: Post & Beam
  • WaterfrontFootage: 135

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
  • Utilities: Sewer Connected, Electricity Available
  • HeatingCoolingType: Forced Air
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 4097100075
  • Lot Size Acres: 0.5193
  • Lot Size Sq Ft: 22620
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: tax/survey
  • LotNumber: 14-15-16

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2016
  • Tax Annual Amount: 27243

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Island Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
May 1, 2017
Sold by
Cressman Paul R
Bought by
Wikstrom Eric J and The Tangled Ride Trust Wikstrom
Seller's Agent
Carrie James
Carrie James
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$3,500,000
Sold Price
$3,300,000
Premium/Discount to List
-$200,000
-5.71%
Current Estimated Value
$3,478,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,000
Avg. Annual Appreciation
0.60%
Original Mortgage
$2,475,000
Outstanding Balance
$2,060,522
Interest Rate
4.14%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,417,478

Purchase Details

Closed on
Jan 31, 2003
Sold by
Easterbrook Sarah L
Bought by
The Lockwood Foundation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wikstrom Eric J $3,300,000 Fidelity Natio
The Lockwood Foundation $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wikstrom Eric J $2,475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $3,300,000 -5.7% $2,538 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $3,500,000 0.0% $2,692 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $3,500,000 +6.1% $2,692 / Sq Ft
03/01/2017 03/01/17 Off Market $3,300,000 -- --
11/03/2016 11/03/16 Price Changed $3,500,000 -5.4% $2,692 / Sq Ft
10/14/2016 10/14/16 Price Changed $3,700,000 -5.1% $2,846 / Sq Ft
09/13/2016 09/13/16 Price Changed $3,900,000 -4.9% $3,000 / Sq Ft
08/02/2016 08/02/16 For Sale $4,100,000 -- $3,154 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $102,188 $15,613,000 $5,546,000 $10,067,000
2023 $100,890 $14,662,000 $5,233,000 $9,429,000
2022 $90,198 $16,397,000 $5,887,000 $10,510,000
2021 $68,158 $12,255,000 $4,846,000 $7,409,000
2020 $44,465 $8,519,000 $4,616,000 $3,903,000
2018 $34,679 $4,142,000 $4,057,000 $85,000
2017 $29,286 $3,998,000 $3,901,000 $97,000
2016 $27,243 $3,599,000 $3,566,000 $33,000
2015 $26,245 $3,260,000 $3,228,000 $32,000
2014 -- $3,001,000 $2,984,000 $17,000
2013 -- $2,679,000 $2,678,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 972176

Northwest Multiple Listing Service (NWMLS)

APN: 409710-0075

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