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Sold Closed September 9, 2024
$5,152,500
2 Bedrooms
1 Bathroom
1,260 Sqft House
Waterfront
Built 1944
10,300 Sqft Lot
2-Car Garage
SALE HISTORY
List price was $4,950,000
It took 5 days to go pending.
Then 51 days to close at $5,152,500
Closed at $4,089/SQFT.
Rare opportunity to create your own waterfront oasis on the coveted South End of Mercer Island. 55 feet of lakefront and an existing private dock and exceptional views of Lake Washington and Mt. Rainier. 10,300 sq. ft. mostly level lot. The cute, 2 bedroom 1940's cottage is 1,260 sq. ft. needs work but with a new roof and some updates and maybe an addition would make a nice home! If you are looking to build a new house the lot provides an excellent opportunity in an area of very expensive homes. Bring your architect or builder and explore the many options. Enjoy the great view from the dock or from the large deck. Award winning Mercer Island schools and close to South End amenities. Contact your agent to view the property.
Offer Review
No offer review date was specified
Listing source NWMLS MLS #
2262442
Listed by
Tim Conway, John L. Scott, Inc.
Buyer's broker
Lori Holden Scott, John L. Scott, Inc.
Contact our
Mercer Island Waterfront
Real Estate Lead
John L. Scott
Phone...
Time Adjusted Estimated Value
County Wide
  • In
    King County WA
  • prices for
    Single Family Homes
  • have changed
    1%
  • since
    Sep 9, 2024
  • so a sale price of
    $5,152,500
  • would be approximately this amount today
    $5,232,492
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.
Bedroom & Bathroom Layout
MAIN
BDRM
BDRM
FULL
BTH
Property History
Sep 09, 2024
Sold
$5,152,500
NWMLS #2262442
Jul 20, 2024
Went Pending
$4,950,000
NWMLS #2262442
Jul 15, 2024
Listed
$4,950,000
NWMLS #2262442
More
Listing Details
  • Sale Price
    $5,152,500
  • Closing Date
    September 9, 2024
  • Last List Price
    $4,950,000
  • Original Price
    Same
  • List Date
    July 15, 2024
  • Pending Date
    July 20, 2024
  • Days to go Pending
    5 days
  • $/sqft (Total)
    $4,089/sqft
  • $/sqft (Finished)
    $4,089/sqft
  • Listing Source
  • MLS Number
    2262442
  • Listing Broker
    Tim Conway
  • Listing Office
    John L. Scott, Inc.
  • Buyer's Broker
    Lori Holden Scott
  • Buyer Broker's Firm
    John L. Scott, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $27,010 / month
  • Property Taxes
    $1,621 / month
  • Homeowners Insurance
    $336 / month
  • TOTAL
    $28,967 / month

  • based on 20% down
    ($1,030,500)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
House Details
  • Sqft (Total)
    1,260 sqft
  • Sqft (Finished)
    1,260 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    House
  • Sub Type
    1 Story
  • Bedrooms
    2 Bedrooms
  • Bathrooms
    1 Bathroom
  • Lot
    10,300 sqft Lot
  • Lot Size Source
    Realist
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    1 story
  • Basement
    None
  • Sqft Source
    Realist
Property Tax Info
  • 2024 Property Taxes
    $19,455 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Mercer Island
  • Elementary
    Buyer To Verify
  • Middle
    Islander Mid
  • High School
    Mercer Isl High
Waterfront
  • Waterfront
    Yes
  • Type
    Bank-Low
    Bulkhead
    Lake
    No Bank
  • Frontage
    55 Feet
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Parking
  • Covered
    2-Car
  • Types
    Detached Carport
  • Has Garage
    Yes
  • Nbr of Assigned Spaces
    2
  • Carport Stalls
    2
Views
  • City
    Lake
    Mountain(s)
Construction
  • Year Built
    1944
  • Home Builder
    Unspecified
Cooling
  • Includes
    Forced Air
Heating
  • Includes
    Baseboard
Interior
  • Flooring
    Concrete
  • Features
    Concrete
    Fireplace
Property
  • Lot Features
    Dead End Street
    Paved
  • Site Features
    Deck
    Dock
    Gas Available
    High Speed Internet
    Moorage
Appliances
Terms
  • Bank Owned (REO)
    No
Utilities
  • Energy
    Electric
  • Sewer
    Sewer Connected
  • Water Source
    Public
Additional Info
  • Waterfront
    Yes
  • Air Conditioning (A/C)
    Yes
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 510
  • Number of Photos
    32
  • Last Modification Time
    Monday, September 9, 2024 11:58 AM
  • System Listing ID
    5344455
Update Info
  • Closed
    2024-09-09 12:26:47
  • Pending Or Ctg
    2024-07-20 11:37:41
  • First For Sale
    2024-07-15 21:40:39
Listing details based on information submitted to the MLS GRID as of Monday, September 9, 2024 11:58 AM. 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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Sold September 9, 2024
$5,152,500   $4,950,000
2 BR    1 BA    1,260 SQFT  
NWMLS #2262442. Tim Conway, John L. Scott, Inc.
Map
 
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.