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Version: ...
Sold
Closed March 6, 2024
$4,500,000
4 Bedrooms
1.75 Bathrooms
3,100 Sqft House
Waterfront
Built 1908
36,166 Sqft Lot
2-Car Garage
SALE HISTORY
List price was $5,499,988It took 119 days to go pending.
Then 61 days to close at $4,500,000
Closed at $1,452/SQFT.
Welcome home to Mercer Island Waters Edge- an exquisite opportunity to create your own lake estate on 80 feet of no bank lakefront. Survey, engineering, plans, permitting complete (included with sale) and ready to build new ~4,900sf, 4 bedroom, 6 bathroom residence with 4 car garage on .83 acres. Enjoy estate sized lot, add tennis court or subdivide into two lots. Newly constructed dock boasts deep water moorage and serves as perfect launch point for recreation, cruises and longer excursions. Current 3,100sf four bedroom charming bungalow was constructed in 1908 and could be remodeled to recapture its sense of casual waterfront retreat. Ideally located on the north-end of the Island for easy commutes to Seattle and the Eastside.
Offer Review
No offer review date was specified
Listing source NWMLS MLS #
2159581
Listed by
Scott Richards,
Windermere Real Estate/East
Stephanie Richards, Windermere Real Estate/East
Buyer's broker
Charlie Du,
COMPASS
Contact our
Mercer Island Waterfront
Real Estate Lead
County Wide
-
InKing County WA
-
prices forSingle Family Homes
-
have changed-3%
-
sinceMar 6, 2024
-
so a sale price of$4,500,000
-
would be approximately this amount today$4,366,733
Assumptions: The original sale amount reflected a normal arms length sale. Any major updates would add to the value.
Any damage or deferred maintenance would subtract from the value.
SECOND
BDRM
BDRM
BDRM
BDRM
FULL
BTH
BTH
MAIN
¾
BTH
Mar 06, 2024
Sold
$4,500,000
NWMLS #2159581 Annualized 5.6% / yr
Jan 06, 2024
Went Pending
$5,499,988
NWMLS #2159581
Sep 08, 2023
Listed
$5,499,988
NWMLS #2159581
Jul 11, 2023
Listed
$5,999,988
NWMLS #2137342
Mar 15, 2023
Price Reduction arrow_downward
$6,499,988
NWMLS #2032563
Feb 03, 2023
Listed
$6,999,988
NWMLS #2032563
Nov 03, 2022
Listed
$6,999,988
NWMLS #2014082
Apr 22, 2020
Sold
$3,650,000
-
Sale Price$4,500,000
-
Closing DateMarch 6, 2024
-
Last List Price$5,499,988
-
Original PriceSame
-
List DateSeptember 8, 2023
-
Pending DateJanuary 5, 2024
-
Days to go Pending119 days
-
$/sqft (Total)$1,452/sqft
-
$/sqft (Finished)$1,452/sqft
-
Listing Source
-
MLS Number2159581
-
Listing BrokerScott Richards
-
Listing OfficeWindermere Real Estate/East
-
Buyer's BrokerCharlie Du
-
Buyer Broker's FirmCOMPASS
-
Principal and Interest$23,589 / month
-
Property Taxes$1,917 / month
-
Homeowners Insurance$300 / month
-
TOTAL$25,806 / month
-
-
based on 20% down($900,000)
-
and a6.85% Interest Rate
-
About:All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
-
Sqft (Total)3,100 sqft
-
Sqft (Finished)3,100 sqft
-
Sqft (Unfinished)None
-
Property TypeHouse
-
Sub Type2 Story
-
Bedrooms4 Bedrooms
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Bathrooms1.75 Bathrooms
-
Lot36,166 sqft Lot
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Lot Size SourceRealist
-
Lot #Unspecified
-
ProjectNorth End
-
Total Stories2 stories
-
BasementNone
-
Sqft SourceRealist
-
2022 Property Taxes$23,006 / year
-
No Senior Exemption
-
CountyKing County
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Parcel #4131900005
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County Website
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County Parcel Map
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County GIS Map
-
AboutCounty links provided by Mainview LLC
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School DistrictMercer Island
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ElementaryNorthwood Elem
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MiddleIslander Mid
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High SchoolMercer Isl High
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WaterfrontYes
-
TypeLake
No Bank -
Frontage80 Feet
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HOA DuesUnspecified
-
Fees AssessedUnspecified
-
HOA Dues IncludeUnspecified
-
HOA ContactUnspecified
-
Management ContactUnspecified
-
Covered2-Car
-
TypesAttached Garage
-
Has GarageYes
-
Nbr of Assigned Spaces2
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Lake
-
Year Built1908
-
Home BuilderUnspecified
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IncludesForced Air
-
IncludesForced Air
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FlooringHardwood
Vinyl
Carpet -
FeaturesHardwood
Wall to Wall Carpet
Dining Room
Fireplace (Primary Bedroom)
Fireplace
-
Lot FeaturesDead End Street
Paved
Value In Land -
Site FeaturesDeck
Dock
Moorage
-
Bank Owned (REO)No
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EnergyElectric
Natural Gas -
SewerSewer Connected
-
Water SourcePublic
-
WaterfrontYes
-
Air Conditioning (A/C)Yes
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Buyer Broker's Compensation2.5
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MLS Area #Area 510
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Number of Photos8
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Last Modification TimeWednesday, March 6, 2024 9:49 PM
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System Listing ID5258147
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Closed2024-03-06 22:03:40
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Pending Or Ctg2024-01-06 13:54:54
-
First For Sale2023-09-08 13:05:42
Listing details based on information submitted to the MLS GRID as of Wednesday, March 6, 2024 9:49 PM.
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.
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Sharing
Sold
March 6, 2024
$4,500,000
$5,499,988
4 BR
1.75 BA
3,100 SQFT
NWMLS #2159581.
Scott Richards,
Windermere Real Estate/East
|
Listing information is provided by the listing agent except as follows: BuilderB indicates
that our system has grouped this listing under a home builder name that doesn't match
the name provided
by the listing broker. DevelopmentD indicates
that our system has grouped this listing under a development name that doesn't match the name provided
by the listing broker.