NOT LISTED FOR SALE

Estimated Value: $1,650,000 - $2,283,000

4 Beds
3 Baths
2,350 Sq Ft
$886/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $1,800,000 $766 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,479/month

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Wood Siding
  • Lakeridge Elementary School Rated A
  • Forced Air Heating System
  • 4-minute walk to Wildwood Park

About This Home

As of May 2023

This home since 01 May 2023 and is currently estimated at $2,082,348, approximately $886 per square foot. This property was built in 1970. This home is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

Last Agent to Sell the Property

Julie Wilson

Windermere Mercer Island License #114704 Listed on: 05/01/2023

Windermere Mercer Island

Last Buyer's Agent

Fred Fox

Windermere Mercer Island License #119349

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2063377

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,999

Year Built

  • Built in 1970

Lot Details

  • 0.27

Parking

  • 2 Car Attached Garage

Home Design

  • Split Foyer
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,350 Sq Ft Home
  • Multi-Level Property

Bedrooms and Bathrooms

Schools

  • Lakeridge Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Additional Features

  • 0.27 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Mercer Island Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5451200730

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,999

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1970
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2350
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Split
  • Fireplace: No
  • Living Area: 2350
  • Main Level Bedrooms: 2
  • Bathrooms: 2.75
  • BathsFullMain: 1
  • SquareFootageFinished: 2350
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition, Torch Down
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 5451200730
  • Land Lease: No
  • Lot Size Acres: 0.274
  • Lot Size Sq Ft: 11934
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 10999

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Apr 24, 2023
Sold by
Sanborn Peter and Sanborn Victoria
Bought by
Betterman Matthew and Betterman Marguerite
Seller's Agent
Julie Wilson
Windermere Mercer Island
Buyer's Agent
Fred Fox
Windermere Mercer Island
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$2,082,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,348
Avg. Annual Appreciation
6.82%
Original Mortgage
$1,200,000
Outstanding Balance
$1,173,991
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$908,357

Purchase Details

Closed on
Jul 13, 2011
Sold by
Thompson Scott A and Thompson Stacey Walsh
Bought by
Sanborn Peter and Sanborn Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Purdy Thomas C and Purdy Diane
Bought by
Thompson Scott A and Thompson Stacey Walsh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 7, 2003
Sold by
Purdy Thomas C and Purdy Diane E
Bought by
Purdy Thomas C and Purdy Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,500
Interest Rate
5.83%

Purchase Details

Closed on
Apr 19, 2001
Sold by
Elliott John P and Elliott Carmel B
Bought by
Purdy Thomas C and Purdy Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
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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
Betterman Matthew $1,800,000 Cw Title
Sanborn Peter $794,000 Chicago Title
Thompson Scott A $765,000 Transnation Ti
Purdy Thomas C -- Pacific Nw Tit
Purdy Thomas C $470,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betterman Matthew $1,200,000
Previous Owner Sanborn Peter $412,550
Previous Owner Sanborn Peter $417,000
Previous Owner Thompson Scott A $114,750
Previous Owner Thompson Scott $114,750
Previous Owner Thompson Scott A $573,750
Previous Owner Purdy Thomas C $399,500
Previous Owner Purdy Thomas C $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $1,800,000 0.0% $766 / Sq Ft
05/01/2023 05/01/23 For Sale $1,800,000 -- $766 / 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 $11,733 $1,790,000 $1,200,000 $590,000
2023 $11,584 $1,681,000 $1,133,000 $548,000
2022 $10,099 $1,880,000 $1,275,000 $605,000
2021 $9,696 $1,370,000 $1,050,000 $320,000
2020 $8,637 $1,210,000 $1,000,000 $210,000
2018 $8,380 $1,069,000 $867,000 $202,000
2017 $7,081 $965,000 $784,000 $181,000
2016 $6,586 $869,000 $717,000 $152,000
2015 $6,350 $787,000 $649,000 $138,000
2014 -- $725,000 $600,000 $125,000
2013 -- $626,000 $515,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2063377

Northwest Multiple Listing Service (NWMLS)

APN: 545120-0730