NOT LISTED FOR SALE

Estimated Value: $4,662,000 - $14,745,394

5 Beds
1 Bath
9,790 Sq Ft
$991/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $11,155,250 $1,139 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $61,096/month

Highlights

  • Docks
  • Spa
  • Lake View
  • West Mercer Elementary School Rated A
  • RV Access or Parking
  • 3-minute walk to Forest Landing

About This Home

As of December 2020

Timeless modern westside waterfront. Vassos Demetriou’s fetterless architectural statement, masterfully crafted by Paulsen. 20 years mint. Generous volume commensurate with a shy 10,000sf across two floors. Dramatic glass walls frame the triplicate of Seward Park, Olympic Mountains and Seattle skyline views, as only Forest Ave can. Main floor master. Separate ADU. Gated. Privacy rarely found in waterfront, courtesy of the 178’ shoreline. Large yacht dock. Garages for 6. For life's enthusiasts!

Last Agent to Sell the Property

Larry Williams

Windermere Mercer Island License #74738 Listed on: 12/31/2020

Windermere Mercer Island

Last Buyer's Agent

No Member Specified

NWMLS-NonOffice

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1714705

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,043

Year Built

  • Built in 1997

Lot Details

  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned R15

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Poured Concrete
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 4 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Westside Community

Listing and Financial Details

  • Assessor Parcel Number 5482700195

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,043

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Modern
  • Approved Accessory Dwelling: Upper
  • Homebuilder: Paulsen
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, 2nd Master Br, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, High Tech Cabling, Hot Tub/Spa, 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, Trash Compactor, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 3
  • Bathrooms: 6.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 5
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 4
  • Fireplaces Main: 3
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 9790
  • Square Footage Finished: 9790

Exterior Features

  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • View: City, Lake, Mountain, Territorial
  • Waterfront: Bulkhead, Lake, No Bank
  • Waterfront Frontage: 89 + 89 (~178 Feet)

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Parking: 6

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, Radiant
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Mech Room-Gas Boiler
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Westside
  • Project: Merrimount Add

Schools

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

Lot Info

  • Lot Number: 40-43
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 35516
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 5482700195
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 88484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Dec 29, 2020
Sold by
Burtenshaw Devere Jerry and Burtenshaw Angelina D
Bought by
4425 Forest Llc
Seller's Agent
Larry Williams
Windermere Mercer Island
Buyer's Agent
No Member Specified
NWMLS-NonOffice
List Price
$11,155,250
Sold Price
$11,155,250
Current Estimated Value
$9,703,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,451,553
Avg. Annual Appreciation
-3.04%

Purchase Details

Closed on
Aug 27, 1987
Sold by
Wensman Michael J
Bought by
Jerry Devere and Jerry Burtenshaw A
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
4425 Forest Llc $11,155,250 Chicago Title
Jerry Devere -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $11,155,250 0.0% $1,139 / Sq Ft
12/31/2020 12/31/20 For Sale $11,155,250 -- $1,139 / 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 $90,043 $13,757,000 $8,704,000 $5,053,000
2023 $106,186 $12,919,000 $8,212,000 $4,707,000
2022 $95,283 $17,322,000 $9,238,000 $8,084,000
2021 $91,442 $12,946,000 $7,604,000 $5,342,000
2020 $85,235 $11,430,000 $7,242,000 $4,188,000
2018 $65,530 $7,829,000 $4,052,000 $3,777,000
2017 $57,192 $7,556,000 $3,897,000 $3,659,000
2016 $53,195 $7,030,000 $3,563,000 $3,467,000
2015 $51,245 $6,367,000 $3,225,000 $3,142,000
2014 -- $5,861,000 $2,981,000 $2,880,000
2013 -- $5,124,000 $2,768,000 $2,356,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1714705

Northwest Multiple Listing Service (NWMLS)

APN: 548270-0195