NOT LISTED FOR SALE

Estimated Value: $3,954,000 - $4,290,000

5 Beds
7 Baths
5,010 Sq Ft
$830/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $3,800,000 $758 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $25,164/month

37 Days on Market

Highlights

  • Wine Cellar
  • RV Access or Parking
  • Lake View
  • West Mercer Elementary School Rated A
  • Two Primary Bedrooms
  • 4-minute walk to Aubrey Davis Park

About This Home

As of October 2022

Impressive craftsmanship & attention to detail in the Heart of Mercer Island. Sophisticated year-round entertaining in the expansive great room & covered outdoor areas. A stunning combination of rich wood, brilliant quartz & deluxe finishes. Chef's kitchen w/butler's station, grand island & huge custom pantry. Formal dining w/peek lake views & covered wrap around deck. Sumptuous primary suite accented by Bellevue skyline, Lake WA & Cascade Mtn views. Spa-inspired bath features rain shower & stand alone tub. Main floor den plus junior suite w/extra wa/dryer. Every guest room includes en-suite & WIC. Covered patio w/FP overlooks the large, level & private yard. Wine rm & elevator. First Hill convenience near Downtown MI, shopping & dining.

Last Listed By

Julie Taylor

Windermere Real Estate/East License #25304 Listed on: 07/27/2022

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1959825

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,718

Year Built

  • Built in 2019

Lot Details

  • 0.27 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Property Views

  • Lake
  • Mountain
  • Territorial
  • Limited

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Wood Composite

Interior Spaces

  • 5,010 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Wine Cellar
  • Dining Room
  • Storm Windows
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Jabooda Homes
  • First Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5315100348

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,718

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2019
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5010
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 971

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Lower
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Hardwood, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Central A/C, High Efficiency - 90%+, Ceramic Tile, Concrete, Hardwood, Wall to Wall Carpet, Wet Bar, Second Primary Bedroom, Wine Cellar, Wired for Generator, Bath Off Primary, Elevator, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 5010
  • Main Level Bedrooms: 1
  • Bathrooms: 5.25
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 5010
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 2
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Partial, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Jabooda Homes
  • Exterior Features: Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C,Forced Air,Heat Pump
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric

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: 5315100348
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2677
  • Lot Size Sq Ft: 11662
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Electric Car Charging,Fenced-Fully,Fenced-Partially,Gas Available,High Speed Internet,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: King County Tax Records

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 21718

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: West Mercer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 27, 2022
Sold by
Onam Llc
Bought by
Prashad-Gaspar Neerja and Gaspar Brian
Seller's Agent
Julie Taylor
Windermere Real Estate/East
Buyer's Agent
Alice On
Wonderland Real Estate
List Price
$3,998,000
Sold Price
$3,800,000
Premium/Discount to List
-$198,000
-4.95%
Total Days on Market
37
Current Estimated Value
$4,156,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,100
Avg. Annual Appreciation
1.46%
Original Mortgage
$1,700,000
Outstanding Balance
$1,645,032
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$2,298,620

Purchase Details

Listed on
Apr 5, 2016
Closed on
Aug 4, 2016
Sold by
Oa 188 Llc
Bought by
Onam Llc
Seller's Agent
Bradley Lee
Skyline Properties, Inc.
Buyer's Agent
Bradley Lee
Skyline Properties, Inc.
List Price
$895,000
Sold Price
$885,000
Premium/Discount to List
-$10,000
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.89%
Original Mortgage
$531,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jun 7, 2016
Sold by
Li Jin Qiu and Yee Kin Pong
Bought by
Oa188 Llc
Seller's Agent
Bradley Lee
Skyline Properties, Inc.
Buyer's Agent
Bradley Lee
Skyline Properties, Inc.
List Price
$895,000
Sold Price
$885,000
Premium/Discount to List
-$10,000
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2004
Sold by
Whitaker Charles Gordon and Whitaker Mary Jane
Bought by
Li Jin Qiu and Yee Kin Pong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

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
Prashad-Gaspar Neerja $3,800,000 Chicago Title
Onam Llc $450,000 First American
Oa188 Llc $885,000 First American
Li Jin Qiu $540,000 Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prashad-Gaspar Neerja $1,700,000
Previous Owner Onam Llc $1,700,000
Previous Owner Lic Onam $1,580,000
Previous Owner Onam Llc $531,000
Previous Owner Yee Kin P $100,000
Previous Owner Li Jin Qiu $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $3,800,000 -5.0% $758 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $3,998,000 +351.8% $798 / Sq Ft
06/09/2016 06/09/16 Sold $885,000 -1.1% $338 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $895,000 -- $342 / 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 $24,133 $3,685,000 $1,188,000 $2,497,000
2023 $24,284 $3,527,000 $1,121,000 $2,406,000
2022 $21,718 $3,945,000 $1,262,000 $2,683,000
2021 $21,766 $2,949,000 $1,039,000 $1,910,000
2020 $21,819 $2,719,000 $990,000 $1,729,000
2018 $8,363 $1,855,000 $722,000 $1,133,000
2017 $7,065 $963,000 $653,000 $310,000
2016 $6,578 $867,000 $597,000 $270,000
2015 $6,341 $786,000 $541,000 $245,000
2014 -- $724,000 $500,000 $224,000
2013 -- $621,000 $501,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1959825

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0348