Greg Rosenwald CMA | 6.15.20

Greg Rosenwald

My Mission Years ago, Greg’s grandfather taught him the lesson of a lifetime.

He reflected upon his career path that took him high atop the corporate ladder. In doing so, he reminded Greg that “opportunity comes to those who go after it.”

Those eight words of advice have guided his growth, development and success in meeting the real estate goals of clients for well over a decade. Each relationship is a partnership. Buying or selling, it makes no difference.

Greg’s role is to guide you and advise you. To be your eyes and your ears. To leave no stone unturned, no opportunity unexplored. He is your advocate, your negotiator, your facilitator. Listening ever-soattentively to your inner voice goes without saying. The fact that he is a top producing agent would make his grandfather proud.

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Greg Rosenwald If Greg Rosenwald weren’t a Mercer Island real estate

While he believes there is no “perfect house,” there

agent, some say he could be the mayor. Born and

is the right house for the right person at the right

raised on the island, and educated just across the

time, and Greg is committed to helping you find it,

lake at the University of Washington, he can’t go

and get it.

Greg is just that type of guy: once you’ve met him,

He’s trusted among his fellow real estate professionals

you consider him a friend. He has a way of putting

for his honest and respectful approach to

clients at ease in any situation, and he has the

negotiations. Greg is an attentive listener, a tireless

confidence and composure that comes with decades

advocate, and despite his many awards and

of experience founding and leading successful

successes, a humble family guy. He lives with his wife

businesses. Greg brings pragmatism to the real estate

and three daughters on Mercer Island, where they’re

process, helping clients evaluate properties and offers

close to everything they love—great schools, boats

with an ever-level head.

and beaches, and every home Seahawks game.

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anywhere without running into someone he knows.

Accomplishments 2018 Top 1%

Founding Broker, Compass WA

‘Real Trends America’s Best’ Real Estate Professionals

Lifetime

2009-17 2011

Mercer Island Resident

2004-05

International Presidents Premier

Since 2007 Voted “Best Agent on Mercer Island” by MI Reporter

International Sterling Society

2005-06

#1 in Sales on Mercer Island

International Diamond Society Nationwide

2006-09

Since 2010

“Five Star Real Estate Professional” award winner

International Presidents Circle

Certified relocation specialist | Alumni, University of Washington

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What’s in a Reputation Every day Greg wakes up knowing that the way he conducts business affects not only himself but his family. In a small community like Mercer Island, your reputation is your calling card. He believes a reputation is more than just good Zillow reviews, it is the genuine smile you get when greeting your neighbors.

He works hard to maintain a reputation that his whole family can be proud of. It is a reputation that is shared

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by all of them.

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“Take care of your business and your business will take care of

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Giving Back you� is a quote I feel can be applied to our communities. Actively supporting and participating in local charities and community

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events is not only my responsibility but my privilege.

Our mission is to help you find your place in the world.

The real estate industry is a $217 trillion-plus global asset class, yet it has been largely untouched by technology. Buying and selling decisions are among the most important a person can make in life, but today, the majority of those decisions are based on gut instincts or outdated information. At Compass, we believe that agents—and their clients—deserve better.

By combining the solutions-driven mindset of a startup and the sophistication of a luxury brand, we’re building the operating system for real estate. We empower agents from start to finish by developing innovative digital tools and customized marketing strategies. Why? Because we know that when agents can spend more time building relationships with clients, everyone wins.

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Compass has attracted the top 10% of agents in the country. The average non-Compass agent spends just 11% of their time with clients, but thanks

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The Country’s Leading Agent Community

to our stellar technology and full-time, in-house

tech, high-touch approach, combining the best agents, transformational tools, and unparalleled marketing and support services.

that attention back on you.

The Most Sophisticated Technology Developed in partnership with our stellar Compass agents, our proprietary tools help me complete every facet of my job better: search for homes, price and market properties, communicate with clients, and track the local market.

A Top-Tier Marketing Team As a Compass agent, I have access to an inhouse marketing and creative studio, comprised of designers, strategists, and producers from acclaimed brands and agencies. We partner with luxury outlets like Wired, Conde Nast Traveler, Bon Appetit, Elle Decor, The Wall Street Journal, The New York Times, and Architectural Digest to create memorable, impactful brand expressions.

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Compass takes a high-

support staff, I’m 4x more efficient and can focus

Our Nationwide Network Since our launch in 2012, we’ve been simplifying the real estate process one community at a time. Today, we have more than 250 offices extending from coast to coast.

#1 Independent Real Estate Brokerage in the U.S.

13,000+ Agents

250+ Offices

$45B+ Sales volume

THIRD Largest brokerage in America

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Our Regional Success A look back at how we’ve transformed the Seattle market in the first year (statistics from Q1, 2019).

340+

$2.25B+

High producing agents

In transactions in year one

2,500+

$3M+

Closed transactions

List volume in King County

#1

The highest average listing price in King County

Brokerage The highest average sales price per transaction in King County In total listing and sales volume per

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producing agent in King County

Illuminating and interactive, our reimagined real estate

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Innovative Signage sign engages prospective buyers and surfaces the most resonant information regarding your listing.

Communicate critical selling points with strategicallycurated content.

Access live data on consumer engagement.

Know how many people requested more detail via

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QR code.

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Representing the area’s elite real estate

47°36’52”N | / 23

122°20’21”W

Marketing your home: The process Preparing for Market

Print Marketing

• Walk-through with tips for

• High quality brochures

showcasing the home and yard • If needed, professional staging (either partial or full) • Professional photography session

• Just Listed postcards mailed to targeted addresses • Seattle Times / Exceptional Properties • Mercer Island Reporter • Mercer Island Buyers Guide

Tours / Open Houses • Office Tour

Social Media

• Broker’s Open House

• Top web-based search engines;

• Sunday Open House – if requested

Google, Bing, Yahoo, Aol and more • Greg Rosenwald Real Estate Facebook page • Greg Rosenwald personal Facebook

Internet Advertising • Multiple Listing Service • Compass Website • GregRosenwald.com • Personalized website for your home • Marketed to hundreds of home-buyer websites

Communication • Weekly update • Each agent who shows the house contacted for feedback

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Strategically pricing your home Determining the best asking price for a home is one of the most challenging, and also most important, aspects of selling it. In fact, it’s a balancing act. You don’t want to set a price so high that it discourages showings and serious offers from the very qualified, motivated buyers who would ultimately determine your property’s top market value. On the other hand, you don’t want to set a price so low that it attracts lots of interest, but sets the stage for offers and negotiations that could result in you getting less than the market would actually support if you were a little more aggressive.

Moreover, this balancing act is even trickier now, given that we’re still in a buyer’s market that is fraught with a variety of economic uncertainties. All the more reason why, when you decide to sell, you should do plenty of research and seek out the advice of one or more experienced REALTORS® and

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financial professionals.

What’s your home really worth?

In a perfect world, your home’s value would be

In trying to determine your home’s true market value

everything you think and need it to be. Perhaps you

and, as such, set your expectations for what you’re

have specific financial goals or you’ve just made

likely to sell it for, you should:

an offer on another home that is dependent on selling your home at a certain price within a certain

1

Try to be impartial

time frame. But, simply put, your home’s value is not

2

Remember why you are selling

determined by you, but by what the market is willing

3

Research online and in person

to pay for it at a given time. These days, the market increasingly includes buyers who have researched

All this is why, pricing your home realistically from

property values over the internet for months, have

the beginning is important, particularly in a seller’s

already viewed at least 10 homes, and are not under

market like this one. You’ll not only attract more

any pressure to buy. Indeed, they may be quite

buyers, you’ll attract the right buyers: qualified,

hesitant for fear of missing out on one of those

motivated and willing to pay top market value for

unbelievable deals that continue to pop up.

your home.

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Preparing your home for market Today’s sophisticated buyers expect the properties they view to be picture perfect and move-in ready. Properly staged homes not only put a home’s best foot forward but also help buyers see themselves in the property.

If necessary, Greg will work with design professionals to make your home a must have for buyers. He will start with a walk-through with tips for showcasing the home and yard and then: 1

If needed, professional staging (either partial or full)

2

Professional photography session

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Compass Concierge Program Compass covers the upfront cost of select services that can increase your home’s selling price. From deep-cleaning to cosmetic renovations, we’ll work together to elevate your home’s value and create a tailored plan to maximize its potential on the market.

Services may include: • Staging • Deep-cleaning • Organizing • Cosmetic renovations • Decluttering • Landscaping • Painting

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BEFORE

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AFTER

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AFTER

Professional Photography Buyers buy houses they fall in love with. Beautiful staging, stunning photography and engaging videos combine to make emotional connections that sell houses. Greg works with professional photographers who are skilled at making interiors and exteriors shine in

Greg’s photographers are the best in the business and use lighting to bring out your home’s best features. He works with photographers to decide the best time of day for the shoot (so the sun is to the best advantage), and while at the shoot we collaborate on creative and flattering compositions. Many clients tell him that they fall in love all over again with their home after viewing the photos!

Photos of your home will make or break the first impression! There is little comparison to the low quality image above and the professional image to the left. Even though they are the same property, there is little doubt which image will get a better response.

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BEFORE

any light, daytime or twilight.

Open Houses When today’s buyers turn to the web to get information about a house, from property details to a photo gallery and video tour, does holding an open house still make sense? Open houses are an efficient marketing tool, exposing homes to more buyers in less time.

Buyers love open houses. Sellers need buyers. Research indicates that 45% of buyers use open houses in their home search. Plus, when Greg hosts your open house, he highlights all the best features of your property.

That’s something only a knowledgeable listing broker can do. An open house is a win-win for everyone.

45%

of buyers use open houses in their home search

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Digital Marketing At the forefront of modern marketing, Compass takes a multipronged approach to the digital promotion of your property.

Compass has 800+ partner websites to which your listing is automatically syndicated for maximum digital coverage, and 15K luxury agents worldwide who receive our monthly Compass Connect newsletter featuring our highest-end exclusives.

Compass Social Media by the Numbers

6.8M+

265K+

94K+

Average monthly reach

Social media followers

Average monthly engagements

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Thanks to popular networks such as Facebook, Twitter, Google+ and Instagram, it’s easier than ever to reach scores of potential

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Social Media home buyers and to share your listing with friends and family.

The icons for these social media sites will be prominently featured and easily recognizable on your home’s property detail page, giving your listing even greater potential to reach the right buyers with the right message via the right medium.

Social Media by the Numbers

1B+

1.4B+

Instagram monthly active users

Facebook monthly active users

500M+

4.2B+

Daily active users on Instagram

Likes per day on Instagram

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Statistics sourced from “The 30 Instagram Statistics You Need To Know in 2018” adespresso.com/blog/instagram-statistics

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Advertising The greatest products or services in the world won’t mean much if nobody knows they exist. Compass advertises both brand and listings. In addition to the print advertising ran, our targeted digital advertising takes us to a whole new level of exposure. From advertising through social media, print and

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digital mediums, we reach millions of viewers every month.

Testimonials Do you feel like Scrat in “Ice Age” while trying

appraisal waivers, etc. Instead, we just closed on

to buy a home, e.g., twitchy eyes and constantly

the first house on which we asked Greg to write

trying to get the acorn (a house) while being

an offer, we were able to negotiate on inspection,

struck by lightning, pursued by avalanches, and

and we weren’t up against 10 other offers.

falling off cliffs? If house-hunting on Mercer

Moreover, the house needs little to no work, and

Island has been an overwhelming and frustrating

it’s a fabulous property that’s absolutely perfect

process (and even if it hasn’t), please get in

for our needs.

touch with Greg Rosenwald. We had been in several, very frustrating, multiple-offer situations

Greg and Meghan were a dream to work with,

on the Island, situations in which we were so

and Greg gladly took care of things behind the

close, but not close enough, to getting a contract

scenes, so I didn’t have to worry, stress, or freak

signed around. And, many of these houses

out. Both Greg and Meghan were very, very

needed work. So, when we started working with

patient, and extremely professional throughout

Greg, I was very anxious about what would

the entire process. Quite frankly, I cannot

happen on the offer for “the next house.” Greg

recommend them enough, and if we (or anyone

and Meghan immediately eased my fears: No

we know) ever want to purchase another home

more “bidding wars,” no more pre-inspections

on the Eastside, we will - without question - work

and inspection waivers (we had spent over a

with or refer people to Greg.

$1,000.00 on pre-inspections previously), no

• Merryn & David

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summer to find our first home. He was the perfect realtor for us motivated, knowledgeable, yet patient in making sure we found the

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We had a wonderful experience working with Greg this past

right house. He had the goal that we would see enough houses that once we found the right one, we’d know it was the one. He was spot on - from day one he was showing us houses that were consistent with our interests and when we found the right one, we knew right away that it was the one. We felt fully informed and in good hands throughout the negotiation, inspection, and closing process. We’ve recommended Greg to friends and will continue to do so in the future.

• Kevin & Heather Greg Rosenwald came highly recommended to us and we see why. Having grown up on Mercer Island, he was extremely knowledgeable about every neighborhood and was able to provide us with perspective we could not otherwise acquired on our own.

He is a straight shooter and helped keep my husband and I on track with our goals whenever we tended to stray. He also has a great dry sense of humor which adds some much needed levity to such an intense process. I would highly recommend Greg to anyone looking to buy or sell a home on Mercer Island.

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• Jim & Tiffany

I have used Greg’s Real Estate skills on more than one occasion.

He has been both my selling and buying agent. I’ve always felt that I was in good hands due to his extensive knowledge of the Eastside, Seattle and surrounding areas. Some aspects of what I appreciate from Greg is his willingness to be flexible in his schedule, think outside the box, aggressive but friendly, and most importantly, he’s honest with his opinions, both positive and negative. I have and will continue to recommend Greg to anyone as their Real Estate Agent. He’s a tremendous asset to anyone looking to buy or sell their home, both now and in the future.

• Craig Greg is thorough and honest, simply the BEST! We bought our first home from Greg in Wallingford. We recently relocated back to Mercer Island and Greg was able to find us the perfect house for our family. He’s detail oriented and quick to respond when needed.

Our negotiation process went smoothly! Meghan his assistant is amazing and quick to help! We would definitely use Greg again and will recommend him to all our family and friends!

• Shannon & Jerome

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ENATAI Offered at $1,749,000 | Sold at $1.700.000

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MERCER ISLAND Offered at $3,485,000 | Sold at $3,800,000

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MERCER ISLAND Offered at $3,188,000 | Sold at $3,188,000

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MERCER ISLAND Offered at $2,479,000 | Sold at $2,450,000

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KIRKLAND Offered at $2,188,000 | Sold at $2,200,000

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MERCER ISLAND Offered at $1,665,000 | Sold at $1,583,038

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MERCER ISLAND Offered at $2,275,000 | Sold at $2,220,000

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BELLEVUE Offered at $938,888 | Sold at $930,000

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LAKEMONT Offered at $2,188,888 | Sold at $2,160,000

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REDMOND Offered at $1,350,000 | Sold at $1,360,000

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SEATTLE Offered and Sold at $3,995,000

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Comparative Market Analysis

7815 85th Pl SE Mercer Island, WA 98040

Judy Ginn JUNE 12, 2020

Greg Rosenwald • greg.rosenwald@compass.com

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

What is a CMA No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the comparative market analysis, or CMA, is most useful.

What is a CMA?

The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

How is the CMA

CMAs are generated by using property information from your real estate agent's multiple listing service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.

created?

How accurate are CMAs?

The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing - new listings, pending sales, closed sales, price reductions, and expired listings.

CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen. That means some features may not be included.

As informative as the CMA is, it should only be used as a tool and should not substitute for your real estate professional's knowledge and advice.

Greg Rosenwald If Greg Rosenwald weren’t a Mercer Island real estate agent,

While he believes there is no “perfect house,” there is

some say he could be the mayor. Born and raised on the

the right house for the right person at the right time, and

island, and educated just across the lake at the University

Greg is committed to helping you find it, and get it.

of Washington, he can’t go anywhere without running into (and sometimes bear hugging) someone he knows. Greg

He’s trusted among his fellow real estate professionals for

is just that type of guy: once you’ve met him, you consider

his honest and respectful approach to negotiations. Greg

him a friend. He has a way of putting clients at ease in any

is an attentive listener, a tireless advocate, and despite his

situation, and he has the confidence and composure that

many awards and successes, a humble family guy. He lives

comes with decades of experience founding and leading

with his wife and three daughters on Mercer Island, where

successful businesses. Greg brings pragmatism to the real

they’re close to everything they love—great schools, boats

estate process, helping clients evaluate properties and offers

and beaches, and every home Husky & Seahawks game.

with an ever-level head.

Mercer Island’s #1 Producing Agent Past Solds • 4356 92nd Avenue Southeast • 8240 Southeast 31st Street • 8270 Southeast 31st Street • 8250 Southeast 31st Street • 8376 Southeast 31st Street • 5445 East Mercer Way

• 4 Holly Hill Drive

• 3675 West Mercer Way

• 8845 Southeast 36th Street

• 2000 Faben Drive

• 8020 84th Avenue Southeast

• 6203 77 Avenue Southeast

• 4006 78th Way Southeast

• 4356 92nd Avenue Southeast

• 3745 77th Avenue Southeast

• 8255 Southeast 31 Street

• 8844 Southeast 37th Street

• 8260 Southeast 31st Street

• 5720 91st Avenue Southeast

• 8235 Southeast 31 Street

• 5315 Butterworth Road

• 8265 Southeast 31 Street

• 53-xx Butterworth Road

• 9434 Southeast 33rd Street

• 7640 Ridgecrest Lane

• 8361 Southeast 31 Street

• 4030 92nd Avenue Southeast

• 8351 Southeast 31 Street

• 2929 81st Place Southeast, Unit G1

• 3732 86th Avenue Southeast

• 3635 92nd Ave SE

• 7035 West Mercer Way

• 8601 Southeast 63rd Street

• 4612 Forest Avenue Southeast

• 8518 Southeast 80th Street

• 2435 74 Avenue Southeast

• 9412 SE 54th Street

• 4545 Forest Avenue Southeast

• 9737 Southeast 40th Street

• 8821 Southeast 39 Street

• 7030 78th Avenue Southeast

• 4899 Forest Avenue Southeast

• 9438 SE 52nd Street

• 8210 Southeast 59 Street

• 4747 86th Avenue Southeast

• 7997 Southeast 76th Street

• 8005 Southeast 70th Place

• 8357 East Mercer Way

• 6155 93rd Avenue Southeast

• 8214 Southeast 30th Street

• 4526 91st Avenue Southeast

• 7395 80 Place Southeast

• 8350 Avalon Drive

• 9620 Southeast 68 Street

• 3861 80th Avenue Southeast

• 7027 West Mercer Way

• 7337 85th Avenue Southeast

• 4214 86th Avenue Southeast

• 9255 Southeast 36th Place

• 8452 N Mercer Way

• 9765 Southeast 40th Street

• 4854 East Mercer Way

• 8521 Southeast 80th Street

• 7222 78 Avenue Southeast

• 7405 91st Ave SE

th

st

st

st

st

st

th

th

th

th

th

th

• 4752 90 Avenue Southeast

• 2936 72nd Ave SE

• 6015 90th Avenue Southeast

• 3418 77th Pl SE

• 4646 Forest Avenue Southeast

• 6541 83rd Pl SE

• 8420 Southeast 62nd Street

• 4241 E Mercer Way

• 6191 92 Avenue Southeast

• 8250 SE 31st St

• 6105 Southeast 32nd Street

• 8240 SE 31st St

th

nd

• 4237 89 Avenue Southeast

• 8376 SE 31st St

• 3502 96th Avenue Southeast

• 6216 E Mercer Way

• 7525 78 Avenue Southeast

• 8333 SE 68th St

th

th

Your home at a glance 4 BEDROOMS

3340 SQ FT

2.25 BATHS

10,194 LOT SQ FT

BUILT IN 1975

Facts and TrendsTM - Published May 2020* Location: ZIP 98040 Property Types: Single Family Homes - All Property Statuses - All Properties All Properties Price Range: $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

Number of Homes For Sale vs. Sold vs. Pended (Feb. 2019 - Apr. 2020)

Greg Rosenwald

Facts and TrendsTM - Published May 2020* Location: ZIP 98040 Property Types: Single Family Homes - All Property Statuses - All Properties All Properties Price Range: $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

Average Price per SQFT (Sold) (Feb. 2019 - Apr. 2020)

Greg Rosenwald

Facts and TrendsTM - Published May 2020* Location: ZIP 98040 Property Types: Single Family Homes - All Property Statuses - All Properties All Properties Price Range: $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

Avg CDOM & SP/Orig LP % (Feb. 2019 - Apr. 2020)

Greg Rosenwald

Facts and TrendsTM - Published May 2020* Location: ZIP 98040 Property Types: Single Family Homes - All Property Statuses - All Properties All Properties Price Range: $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

Average Price of For Sale and Sold (Feb. 2019 - Apr. 2020)

Greg Rosenwald

Facts and TrendsTM - Published May 2020*

Greg Rosenwald

Location: ZIP 98040 Property Types: Single Family Homes - All Property Statuses - All Properties All Properties Price Range: $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

Months of Inventory Based on Closed Sales (Feb. 2019 - Apr. 2020)

All reports are published May 2020, based on data available at the end of April 2020, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Association nor its MLSs guarantee or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

7815 85th Pl Se, Mercer Island, WA 98040-5717, King County MLS Beds 4

MLS Sq Ft 3,340

Lot Sq Ft 10,194

MLS Sale Price $710,000

MLS Baths 2.2

Yr Built 1975

Type SFR

MLS Sale Date 06/18/2004

OWNER INFORMATION

Owner Name (LN FN)

Ginn H Rand

Tax Billing Zip

98040

Owner Name 2 (LN FN)

Ginn Judith W

Tax Billing Zip+4

5717

Tax Billing Address

7815 85th Pl Se

Owner Vesting

Husband/Wife

Tax Billing City & State

Mercer Island, WA

Owner Occupied

Yes

Zip Code

98040

Neighborhood Code

034007-034007

Subdivision

Islewood

Carrier Route

C015

School District Name

Mercer Island

Zoning

R9.6

School District Code

400

Range/Township/Section/Quarter

05-24-30-SW

Census Tract

246.02

LOCATION INFORMATION

TAX INFORMATION

Tax-ID

362920-0040

% Improved

50%

Alt. Tax-ID

362920004003

Tax Area

1031

Parcel ID

3629200040

Legal Book/Page

94-37

Legal Description

ISLEWOOD PLAT BLOCK: PLAT L OT: 4

ASSESSMENT & TAX

Assessment Year

2019 - Preliminary

2019

2018

2017

Assessed Value - Total

$1,725,000

$1,725,000

$1,725,000

$1,557,000

Assessed Value - Land

$867,000

$867,000

$867,000

$784,000

Assessed Value - Improved

$858,000

$858,000

$858,000

$773,000

Market Value - Total

$1,725,000

$1,725,000

$1,725,000

$1,557,000

Market Value - Land

$867,000

$867,000

$867,000

$784,000

Market Value - Improved

$858,000

$858,000

$858,000

$773,000

YOY Assessed Change ($)

$0

$0

$168,000

YOY Assessed Change (%)

0%

0%

10.79%

Total Tax

Tax Year

Change ($)

Change (%)

$11,676

2017

$13,513

2018

$1,837

15.73%

$12,969

2019

-$545

-4.03%

CHARACTERISTICS

Lot Acres

0.234

Total Baths

Tax: 4 MLS: 2.2

Lot Area

10,194

MLS Total Baths

2.2

Land Use

SFR

Full Baths

Tax: 2 MLS: 1

County Land Use

Single Family(Res Use/Zone)

Half Baths

Tax: 2 MLS: 1

Year Built

1975

3/4 Baths

1

Effective Year Built

2006

Fireplaces

4

Total Living Sq Ft

Tax: 3,800 MLS: 3,340

Condition

Average

Above Gnd Sq Ft

3,060

Quality

Good

Gross Area

3,800

Water Source

Public

Ground Floor Sq Ft

3,060

Sewer

Public Service

Basement Sq Feet

740

Heat Type

Heat Pump

Finished Basement Area

740

Garage Type

Basement

Stories

1

Parking Type

Basement Garage

Bedrooms

4

Attached Garage SF

580

SELL SCORE

Property Details

Courtesy of Greg Rosenwald, Compass Washington

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/11/20 Page 1/3

Rating

High

Sell Score

818

Value As Of

2020-05-13 23:53:34

ESTIMATED VALUE

RealAVM™

$1,629,600

Confidence Score

70

RealAVM™ Range

$1,531,824 - $1,727,376

Forecast Standard Deviation

6

Value As Of

05/31/2020

(1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal.

(2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 60 - 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales.

(3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.

LISTING INFORMATION

MLS Listing Number

24016106

MLS Orig. List Price

$749,500

MLS Status

Sold

Closing Price

$710,000

MLS DOM

82

Closing Date

06/18/2004

MLS Status Change Date

06/18/2004

MLS Listing Agent

2048-Suzanne Lane

MLS Listing Date

02/08/2004

MLS Listing Broker

COLDWELL BANKER BAIN

MLS List Price

$729,500

MLS Selling Broker

COLDWELL BANKER BAIN

Recording Date

06/18/2004

Deed Type

Warranty Deed

Settle Date

Tax: 06/10/2004 MLS: 06/18/2004

Owner Name (LN FN)

Ginn H Rand

Sale Price

$710,000

Owner Name 2 (LN FN)

Ginn Judith W

Price Per Square Feet

$186.84

Seller Name (LN FN)

Sellin Douglas I & Ellen J

Auditor No

200406181542

LAST MARKET SALE & SALES HISTORY

Recording Date

06/18/2004

04/28/1983

10/21/1982

Sale/Settlement Date

06/10/2004

04/28/1983

10/21/1982

Sale Price

$710,000

$175,000

$188,000

Buyer Name

Ginn H R & Judith W

Sellin Douglas I & Ell

Lawyers Title Insuranc Co

Buyer Name 2

Ginn Judith W

Sellin Ell

Seller Name

Sellin Douglas I & Ellen J

Lawyers Title Insura Co

Howay Edward James

Auditor No

200406181542

198304280433

198210210132

Hist. Document No.

2048084

717894

692546

Document Type

Warranty Deed

Assignment Deed

Warranty Deed

MORTGAGE HISTORY

Mortgage Date

05/29/2020

05/29/2020

06/12/2018

06/12/2018

03/27/2009

Mortgage Amount

$1

$1,148,400

$1

$1,019,475

$325,000

Mortgage Lender

Commissioner/Hsng & Urban Dev

American Advisors Gr p

Hud

American Advisors Grp

Banner Bk

Mortgage Type

Fha

Fha

Fha

Fha

Conventional

Mortgage Date

06/18/2004

11/07/2003

08/04/1998

Mortgage Amount

$360,000

$250,000

$350,000

Mortgage Lender

Washington Mutual Bk

Eagle Hm Mtg Inc

Washington Mutual Svgs Bk

Mortgage Type

Conventional

Conventional

Conventional

Property Details

Courtesy of Greg Rosenwald, Compass Washington

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/11/20 Page 2/3

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Greg Rosenwald, Compass Washington

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/11/20 Page 3/3

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

BEDS

BATHS

7815 85th Pl SE

4

S = SOLD

P = PENDING

A = ACTIVE

SQFT

PRICE

2.25

3,800

-

1

Subject

2

1563752

S

4237 90th Avenue SE

4

2.25

3,130

$1,700,000

3

1579705

S

7405 91st Avenue SE

4

2.75

3,100

$1,550,000

4

1559037

S

6280 W Mercer Way

4

2.25

3,060

$1,745,000

5

1526377

S

9458 SE 52nd Street

4

3.50

3,140

$1,780,000

6

1582370

S

6250 Mercer Way

4

3.00

3,530

$1,600,000

7

1588782

S

7790 80th Place SE

5

3.25

3,300

$2,150,000

8

1575861

S

8525 SE 79th Place

4

2.75

2,570

$1,400,000

9

1607518

P

3632 73rd Avenue SE

5

2.50

2,850

$1,599,000

10

1609499

P

7250 92nd Avenue SE

4

2.50

3,370

$2,150,000

11

1608101

P

9019 SE 61

4

2.25

3,010

$1,750,000

12

1609374

P

6550 83rd Place SE

5

2.50

3,310

$1,999,500

13

1610250

A

2259 74th Avenue SE

3

2.50

3,620

$1,980,000

Comparative Market Analysis

14

1609850

A

7815 85th Place Southeast, Mercer Island, Washington 98040

8871 SE 72nd Place

5

2.50

3,160

$1,550,000

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

4237 90th Avenue SE

3/17/20

4

2.25

3,130

$1,700,000

$543

7405 91st Avenue SE

5/1/20

4

2.75

3,100

$1,550,000

$500

6280 W Mercer Way

3/12/20

4

2.25

3,060

$1,745,000

$570

9458 SE 52nd Street

1/17/20

4

3.50

3,140

$1,780,000

$567

6250 Mercer Way

5/22/20

4

3.00

3,530

$1,600,000

$453

7790 80th Place SE

6/3/20

5

3.25

3,300

$2,150,000

$652

8525 SE 79th Place

6/4/20

4

2.75

2,570

$1,400,000

$545

3,118

$1,703,571

$547

Averages

P

PENDING LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3632 73rd Avenue SE

-

5

2.50

2,850

$1,599,000

$561

7250 92nd Avenue SE

-

4

2.50

3,370

$2,150,000

$638

9019 SE 61

-

4

2.25

3,010

$1,750,000

$581

6550 83rd Place SE

-

5

2.50

3,310

$1,999,500

$604

3,135

$1,874,625

$596

Averages

A

ACTIVE LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

2259 74th Avenue SE

-

3

2.50

3,620

$1,980,000

$547

8871 SE 72nd Place

-

5

2.50

3,160

$1,550,000

$491

3,390

$1,765,000

$519

Averages

Listings

Greg Rosenwald Compass

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

4237 90th Avenue SE

Mercer Island, WA 98040

$1,700,000 SOLD

4 Beds 2.25 Baths Year Built 1964

3/17/20

MLS #1563752

3,130 Sq. Ft.

($543 / sqft)

Days on market: 1

Details Prop Type: Residential

3/4 Baths: 1.0

Off-market date: 3/17/20

Taxes: $10,423

County: King

Half baths: 1.0

School District: Mercer Island

Area: 510 - Mercer Island

Lot Size: 10,125.0

Updated: Mar 30, 2020 12:47 PM

Garages: 2

List Price: $1,600,000

Middle: Islander Mid

List date: 2/12/20

Orig list price: $1,600,000

Elementary: Northwood Elem

Sold date: 3/17/20

List/Sqft: $511

Appliances Included: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer

Building Information: Built On Lot

Heating Cooling Type: Central A/C, Forced Air, High Efficiency (Unspecified), Tankless Water Heater

Architecture: Traditional

Financing: Conventional

Basement: None Builder: John Buchan

Floor Covering: Ceramic Tile, Hardwood, Other Renewable

Building Complex Or Project: Lucas Heights Addition

Foundation: Poured Concrete

Subdivision: Ellis Pond Style: 12 - 2 Story Full baths: 1.0

High: Mercer Isl High

Features

Building Condition: Remodeled

Energy Source: Natural Gas Exterior: Brick, Wood

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Hot Tub/Spa, Walk In Pantry, Walk-in Closet, Wired for Generator Lot Details: Paved Street Lot Number: 5 Occupant Name: Hanson

Occupant Type: Owner Parking Type: GarageAttached Possession: Negotiable, See Remarks Potential Terms: Cash Out, Conventional, FHA, VA Power Company: PSE Roof: Composition Sewer Company: City of Mercer Island

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Sewer Type: Sewer Connected

Sq Ft Finished: 3130

View: Territorial

Sq Ft Source: Realist

Water: Public

Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, Hot Tub/Spa

Topography: Garden Space, Level

Water Company: City of Mercer Island

Water Heater Location: garage Water Heater Type: Gas

Remarks Fabulous new offering blends the best of a Buchan classic w/ the latest trends in luxury living. From old-world touches to new world innovations, this 4 bed/ 2.25 home captures the enduring elements of each era in a fresh & vibrant fashion. Elegant living & dining w/ rich hardwoods flow into the remodeled kitchen w/quartz counters & Thermador appliances. Updated bathrooms & custom closet built-ins will delight. Tankless H2O, new furnace/AC & EV ready.

Gorgeous flat sunny yard, deck & garden.

Comparative Market Analysis

4237 90th Avenue SE $1,700,000 SOLD

3/17/20

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

4 Beds 2.25 Baths Year Built 1964

MLS #1563752

3,130 Sq. Ft.

($543 / sqft)

Days on market: 1

Comparative Market Analysis

4237 90th Avenue SE

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1563752

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

7405 91st Avenue SE $1,550,000 SOLD

MLS #1579705

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1964

5/1/20

3,100 Sq. Ft.

($500 / sqft)

Days on market: 6

Details Prop Type: Residential

3/4 Baths: 1.0

Off-market date: 5/1/20

Taxes: $9,094

County: King

Half baths: 2.0

School District: Mercer Island

Area: 510 - Mercer Island

Lot Size: 9,801.0

Updated: May 1, 2020 12:43 PM

Garages: 2

List Price: $1,550,000

Middle: Islander Mid

List date: 3/18/20

Orig list price: $1,550,000

Elementary: Lakeridge Elem

Sold date: 5/1/20

List/Sqft: $500

Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet

Occupant Type: Owner Parking Type: GarageAttached

Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, Patio

Foundation: Poured Concrete

Possession: Closing

Sq Ft Finished: 3100

Basement: None

Heating Cooling Type: 90%+ High Efficiency, Forced Air

Potential Terms: Cash Out, Conventional

Sq Ft Source: KCAR

Building Information: Built On Lot Energy Source: Natural Gas

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room

Subdivision: Tarywood Style: 12 - 2 Story Full baths: 1.0

High: Mercer Isl High

Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer

Exterior: Wood Financing: Conventional

Lot Details: Paved Street Occupant Name: Owen

Power Company: PSE

Topography: Garden Space, Level

Roof: Composition

View: Territorial

Sewer Company: City of MI

Water: Public

Sewer Type: Sewer Connected

Water Company: City of MI

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Remarks The perfect blend! Timeless traditional meets modern farm house in coveted Tarywood. This home checks every box spacious open floor-plan, room for everything and everyone. Newly updated with a crisp white palate, this bright home is turn-key with territorial views. 4 bedrooms/2.75 baths/+ den, well-appointed kitchen, formal & informal gathering spots & expansive rec/media rm. Sprawling grassy backyard for summer BBQs and an unbeatable location close to schools, parks and south end shopping.

Comparative Market Analysis

7405 91st Avenue SE $1,550,000 SOLD

5/1/20

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1579705

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1964

3,100 Sq. Ft.

($500 / sqft)

Days on market: 6

Comparative Market Analysis

7405 91st Avenue SE

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1579705

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

6280 W Mercer Way $1,745,000 SOLD

MLS #1559037

Mercer Island, WA 98040

4 Beds 2.25 Baths Year Built 1976

3/12/20

3,060 Sq. Ft.

($570 / sqft)

Days on market: 1

Details Prop Type: Residential

3/4 Baths: 1.0

Sold date: 3/12/20

List/Sqft: $554

County: King

Half baths: 1.0

Off-market date: 3/12/20

Taxes: $10,378

Area: 510 - Mercer Island

Lot Dim: 11685

School District: Mercer Island

Subdivision: West Mercer

Lot Size: 11,685.0

Updated: Mar 12, 2020 7:33 AM

Style: 12 - 2 Story

Garages: 2

List Price: $1,695,000

Full baths: 1.0

List date: 2/11/20

Orig list price: $1,695,000

Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator

Energy Source: Natural Gas

Interior Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Skylights

Architecture: NW Contemporary

Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet

Lot Details: Cul-de-sac, Dead End Street, Secluded

Foundation: Poured Concrete

Occupant Type: Vacant

Features

Basement: None Building Complex Or Project: Lakeview Highland East Building Condition: Remodeled Building Information: Built On Lot

Exterior: Wood Financing: Conventional

Heating Cooling Type: Central A/C, Forced Air

Occupant Name: Vacant

Roof: Composition Sewer Type: Sewer Connected Site Features: Cabana/ Gazebo, Cable TV, Deck, High Speed Internet, Hot Tub/Spa, Patio, Sprinkler System

Parking Type: GarageAttached

Sq Ft Finished: 3060

Possession: Closing

Topography: Level, Partial Slope

Potential Terms: Cash Out, Conventional

Sq Ft Source: Public Records

View: Territorial

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Water: Public

Remarks Refined materials with integrity that will stand the test of time, this magical estate like property is nestled in tranquility and repose. Extraordinary upgrades incl. Master Suite w/new bath & high end haute boudoir California closets. Oversize decks/outdoor living spaces with tub and majestic tree top seclusion. Terraced gardens lead to a gazebo and fire pit.

New paint, baths, driveway, roof, gas fireplaces, A/C, drama lighting. A place for everyone and everything. You will want to hurry home.

Comparative Market Analysis

6280 W Mercer Way $1,745,000 SOLD

3/12/20

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1559037

Mercer Island, WA 98040

4 Beds 2.25 Baths Year Built 1976

3,060 Sq. Ft.

($570 / sqft)

Days on market: 1

Comparative Market Analysis

6280 W Mercer Way

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1559037

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

9458 SE 52nd Street $1,780,000 SOLD

MLS #1526377

Mercer Island, WA 98040

4 Beds 3.50 Baths Year Built 2000

1/17/20

3,140 Sq. Ft.

($567 / sqft)

Days on market: 55

Details Prop Type: Residential

Half baths: 1.0

School District: Mercer Island

Lot Size: 8,276.0

Updated: Jan 17, 2020 7:44 AM

County: King

Garages: 2

List Price: $1,820,000

Middle: Islander Mid

List date: 10/11/19

Orig list price: $1,820,000

Elementary: Island Park Elem

Style: 18 - 2 Stories w/Bsmnt

Sold date: 1/17/20

List/Sqft: $580

Full baths: 3.0

Off-market date: 1/17/20

Taxes: $11,272

Appliances Included: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer

Building Information: Built On Lot

Heating Cooling Type: Forced Air

Occupant Name: Vacant

Community Features: Community Waterfront/Pvt Beach

Parking Type: GarageAttached

Architecture: Traditional

Energy Source: Electric, Natural Gas

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Fireplace in Mstr BR, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-in Closet, Wired for Generator Leased Equipment: None

Roof: Composition

Lot Details: Dead End Street, Paved Street

Sewer Company: City of Mercer Island

Area: 510 - Mercer Island Subdivision: Mercer Island

High: Mercer Isl High

Features

Basement: Daylight, Fully Finished Building Complex Or Project: Dawn Terrace Building Condition: Very Good

Exterior: Wood Financing: Conventional Floor Covering: Ceramic Tile, Hardwood Foundation: Poured Concrete

Occupant Type: Vacant

Possession: Closing Potential Terms: Cash Out, Conventional Power Company: Puget Sound Energy

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Sewer Type: Sewer Connected

Sq Ft Finished: 3140

Water: Public

Sq Ft Source: Realist

Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio, Sprinkler System

Topography: Garden Space, Level

Water Company: City of Mercer Island

View: Lake

Water Heater Type: Gas

Water Heater Location: Basement

Remarks Impeccable home with lake views and private beach access! The bright and airy great room with vaulted ceilings and the gourmet kitchen open on to a large deck, superb for entertaining. Upstairs the master suite is the perfect retreat with luxurious master bath. The second bedroom has it's own bath and is great as a nursery or a den. The basement has two spacious bedrooms and a rec room with access to the easy care yard. Gleaming hardwood and tile floors throughout. Over-sized garage.

Comparative Market Analysis

9458 SE 52nd Street $1,780,000 SOLD

1/17/20

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1526377

Mercer Island, WA 98040

4 Beds 3.50 Baths Year Built 2000

3,140 Sq. Ft.

($567 / sqft)

Days on market: 55

Comparative Market Analysis

9458 SE 52nd Street

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1526377

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

6250 Mercer Way $1,600,000 SOLD

MLS #1582370

Mercer Island, WA 98040

4 Beds 3.00 Baths Year Built 1976

5/22/20

3,530 Sq. Ft.

($453 / sqft)

Days on market: 32

Details Prop Type: Residential

3/4 Baths: 2.0

Sold date: 5/22/20

List/Sqft: $467

County: King

Half baths: 1.0

Off-market date: 5/22/20

Taxes: $10,956

Area: 510 - Mercer Island

Lot Dim: 14,248

School District: Mercer Island

Subdivision: Westside

Lot Size: 14,248.0

Updated: May 22, 2020 12:43 PM

Garages: 2

List Price: $1,650,000

Middle: Islander Mid

List date: 3/23/20

Orig list price: $1,650,000

Elementary: Buyer To Verify

Exterior: Wood

Potential Terms: Cash Out, Conventional

Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet

Interior Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights, Vaulted Ceilings, Wet Bar

Foundation: Poured Concrete

Lot Details: Dead End Street, Paved Street

Sewer Type: Sewer Connected

Heating Cooling Type: Forced Air

Occupant Name: Kathy&Al

Site Features: Cable TV, Deck, Gas Available, High Speed Internet, Patio, Sprinkler System

Style: 16 - 1 Story w/Bsmnt.

Full baths: 1.0

High: Mercer Isl High

Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator, Washer Basement: Daylight, Fully Finished Building Complex Or Project: Lake View Highlands East Building Condition: Good Building Information: Built On Lot Energy Source: Natural Gas, Wood

Financing: Cash

Occupant Type: Owner Parking Type: GarageDetached Possession: Negotiable

Power Company: PSE Roof: Composition Sewer Company: PSE

Sq Ft Finished: 3530

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Sq Ft Source: Realist

View: Territorial

Topography: Garden Space, Level, Terraces

Water: Public

Water Heater Location: LL closet

Water Company: City of MI

Water Heater Type: Elec

Remarks Understated elegance greets you in this well maintained picturesque Westside home. Vaulted ceilings, hrdw floors, spacious main level MB & updated baths are just a few of the enhancements to this home surrounded by lush landscaping-overflowing colorful gardens. Huge wrap around deck w/EZ access from kitchen allow for seamless in/ outdoor entertaining. Lower Level en-suite bedroom w/dedicated exit door, large family rm-office w/fireplace. Zen like outdoor fire pit area completes this special home

Comparative Market Analysis

6250 Mercer Way $1,600,000 SOLD

5/22/20

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1582370

Mercer Island, WA 98040

4 Beds 3.00 Baths Year Built 1976

3,530 Sq. Ft.

($453 / sqft)

Days on market: 32

Comparative Market Analysis

6250 Mercer Way

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1582370

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

7790 80th Place SE $2,150,000 SOLD

MLS #1588782

Mercer Island, WA 98040

5 Beds 3.25 Baths Year Built 1988

6/3/20

3,300 Sq. Ft.

($652 / sqft)

Days on market: 2

Details Prop Type: Residential

3/4 Baths: 1.0

Off-market date: 6/3/20

Assoc Fee: $105

County: King

Half baths: 1.0

Taxes: $14,378

Area: 510 - Mercer Island

Lot Size: 10,120.0

Updated: Jun 4, 2020 9:00 AM

Garages: 3

List Price: $2,175,000

High: Mercer Isl High

List date: 4/16/20

Orig list price: $2,175,000

Middle: Islander Mid

Sold date: 6/3/20

List/Sqft: $659

Elementary: Lakeridge Elem

Appliances Included: Dishwasher, Garbage Disposal, Microwave, Range/ Oven, Refrigerator

Energy Source: Natural Gas

Potential Terms: Conventional

Architecture: Traditional Basement: None

Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet

Interior Features: Built-In Vacuum, Dining Room, Security System, Skylights, Walk In Pantry, Walk-in Closet Lot Number: 92

Sewer Company: City

Building Complex Or Project: The Lakes at Mercer Island

Foundation: Poured Concrete

Occupant Name: Undisclosed

Sewer Type: Sewer Connected

Building Condition: Good

Heating Cooling Type: Forced Air

Occupant Type: Owner

Site Features: Cable TV, Fenced-Partially, Patio

Subdivision: The Lakes Style: 12 - 2 Story Full baths: 2.0

School District: Mercer Island

Features

Building Information: Built On Lot Community Features: CCRs

Exterior: Brick, Wood Financing: Conventional

Parking Type: GarageAttached Possession: Negotiable

Power Company: PSE Roof: Cedar Shake

Sq Ft Finished: 3300 Sq Ft Source: KCR View: Lake

Comparative Market Analysis

Water: Public Water Company: City

7815 85th Place Southeast, Mercer Island, Washington 98040

Water Heater Location: Garage

Water Heater Type: Gas

Waterfront Footage: 101

Waterfront: Lake

Remarks The Lakes- Beautifully positioned for sunlight and privacy while enjoying the community lake setting.5 bdrms,3 car garage+storage.Fenced patio for lakefront bbqs.Master suite features lake views, 2 walk-in closets and a spacious bath w/heated flrs. 3 additional bdrms and bth up. 5th bdrm with sep staircase for guest ste, flex or office space w/access to full bth. Open kitchen w/updated appliances and eating bar.Generous laundry at garage entry.New roof. Close to schools, shops, clubs and parks.

Comparative Market Analysis

7790 80th Place SE $2,150,000 SOLD

6/3/20

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1588782

Mercer Island, WA 98040

5 Beds 3.25 Baths Year Built 1988

3,300 Sq. Ft.

($652 / sqft)

Days on market: 2

Comparative Market Analysis

7790 80th Place SE

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1588782

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

8525 SE 79th Place $1,400,000 SOLD

MLS #1575861

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1980

6/4/20

2,570 Sq. Ft.

($545 / sqft)

Days on market: 4

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Lot Size: 9,670.0

Updated: Jun 5, 2020 3:53 AM

County: King

Garages: 2

List Price: $1,350,000

Middle: Islander Mid

List date: 5/14/20

Orig list price: $1,350,000

Elementary: Lakeridge Elem

Style: 12 - 2 Story

Sold date: 6/4/20

List/Sqft: $525

Full baths: 2.0

Off-market date: 6/4/20

Taxes: $9,124

Appliances Included: Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer

Effective Year Built Source: Public Records

Heating Cooling Type: Forced Air

Energy Source: Electric, Natural Gas

Architecture: Traditional

Exterior: Wood

Interior Features: Bath Off Master, Ceiling Fan(s), Dining Room

Basement: None

Financing: Cash

Building Complex Or Project: Islewood Plat Block Plat Lot: 15 Building Condition: Good

Floor Covering: Ceramic Tile, Engineered Hardwood, Laminate, Wall to Wall Carpet

Building Information: Built On Lot

Foundation: Poured Concrete

Area: 510 - Mercer Island Subdivision: South End

High: Mercer Isl High

Features

Lot Details: Cul-de-sac, Dead End Street, Paved Street, Secluded Lot Number: 15 Occupant Name: Vacant Occupant Type: Vacant Parking Type: GarageAttached

Possession: Closing Potential Terms: Conventional Power Company: PGE Roof: Cedar Shake Sewer Company: Mercer Island Sewer Type: Sewer Connected Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, Outbuildings, Sprinkler System

Comparative Market Analysis

Sq Ft Finished: 2570 Sq Ft Source: Realist

7815 85th Place Southeast, Mercer Island, Washington 98040

Topography: Garden Space, Level, Wooded Water: Public

Water Company: Mercer Island

Water Heater Location: Laundry room Water Heater Type: Electric

Remarks Fabulous southend retreat! Park like setting, beautifully updated 4 bdrm, 3 bath home. Cathedral ceilings invite you into the Living and Dining rooms with peaceful garden views. Entertaining made easy w/ bright, light kitchen and casual living spaces w/ circular floor plan. Main flr bdr/bath. Upper level: Master Suite+2 add'l bdrms. Move in ready! Fresh paint, carpets & more! Quiet street just blocks from award winning MI Schools, Pioneer park, playgrounds, shops & restaurants. Welcome HOME!

Comparative Market Analysis

8525 SE 79th Place $1,400,000 SOLD

6/4/20

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1575861

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1980

2,570 Sq. Ft.

($545 / sqft)

Days on market: 4

Comparative Market Analysis

8525 SE 79th Place

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1575861

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

3632 73rd Avenue SE

Mercer Island, WA 98040

$1,599,000 PENDING

5 Beds 2.50 Baths Year Built 1953

6/8/20

MLS #1607518

2,850 Sq. Ft.

($561 / sqft)

Days on market: 4

Details Prop Type: Residential

Half baths: 1.0

County: King Area: 510 - Mercer Island Subdivision: First Hill Style: 13 - Tri-Level

School District: Mercer Island

Lot Size: 8,800.0

Updated: Jun 8, 2020 9:23 AM

Garages: 2

List Price: $1,599,000

Middle: Islander Mid

List date: 6/4/20

Orig list price: $1,599,000

Pending date: 6/8/20

List/Sqft: $561

Elementary: West Mercer Elem

High: Mercer Isl High

Taxes: $12,078

Full baths: 2.0

Features Appliances Included: Dishwasher, Garbage Disposal, Microwave, Range/ Oven, Refrigerator Architecture: NW Contemporary

Effective Year Built Source: Public Records Energy Source: Natural Gas Exterior: Wood, Wood Products

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, French Doors, High Tech Cabling, Jetted Tub, Skylights, Walk-in Closet, Wired for Generator

Basement: Daylight, Fully Finished

Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet

Lot Details: Dead End Street, Paved Street, Secluded

Building Condition: Remodeled

Foundation: Poured Concrete

Occupant Type: Owner

Building Information: Built On Lot

Heating Cooling Type: Central A/C, Forced Air, Tankless Water Heater

Occupant Name: Bern Lanz

Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Flat, Torch Down Sewer Company: Mercer Island Sewer Type: Sewer Connected

Parking Type: GarageAttached

Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, RV Parking

Possession: Closing

Sq Ft Finished: 2850

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Sq Ft Source: Owner

Water: Public

Topography: Terraces

Water Company: Mercer Island

View: Lake, Partial

Water Heater Location: Basement/Garage

Water Heater Type: GasTank and Tankless

Remarks Luxurious NW exterior finishings including full wrap stained cedar siding & 3 exterior decks. Nestled on a quiet ave w/in the coveted First Hill community, this hm features solid hardwood drs, pristine maple flrs, solid granite & marble surfaces & formal living & family rms. Full 5 piece master bath w/walk in shower & separate soaking tub off private penthouse master bedroom w/ample walk-in closet space & separate deck large enough for seating to enjoy the Lake WA scenery.

Comparative Market Analysis

3632 73rd Avenue SE $1,599,000 PENDING

6/8/20

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

5 Beds 2.50 Baths Year Built 1953

MLS #1607518

2,850 Sq. Ft.

($561 / sqft)

Days on market: 4

Comparative Market Analysis

3632 73rd Avenue SE

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1607518

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

7250 92nd Avenue SE $2,150,000 PENDING

MLS #1609499

Mercer Island, WA 98040

4 Beds 2.50 Baths Year Built 1998

6/7/20

3,370 Sq. Ft.

($638 / sqft)

Days on market: 6

Details Prop Type: Residential

3/4 Baths: 2.0

County: King Area: 510 - Mercer Island Subdivision: South End Style: 12 - 2 Story

School District: Mercer Island

Lot Size: 13,086.0

Updated: Jun 7, 2020 2:33 PM

Garages: 3

List Price: $2,150,000

Middle: Islander Mid

List date: 6/1/20

Orig list price: $2,150,000

Elementary: Buyer To Verify

Pending date: 6/7/20

List/Sqft: $638

High: Mercer Isl High

Taxes: $11,069

Full baths: 1.0

Features Appliances Included: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer

Effective Year Built Source: Public Records

Basement: None

Floor Covering: Hardwood, Slate, Wall to Wall Carpet

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace in Mstr BR, French Doors, High Tech Cabling, Security System, Walk-in Closet, Wired for Generator

Foundation: Poured Concrete

Lot Details: Cul-de-sac, Paved Street

Heating Cooling Type: Forced Air, Radiant

Occupant Name: Owner

Builder: Odegard Gockel Building Complex Or Project: Floods Lake Building Condition: Very Good Building Information: Built On Lot

Energy Source: Natural Gas Exterior: Stucco, Wood

Occupant Type: Owner Parking Type: GarageAttached

Possession: Negotiable Potential Terms: Cash Out Power Company: PSE Roof: Tile Sewer Company: City of MI Sewer Type: Sewer Connected Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, Sprinkler System Sq Ft Finished: 3370

Comparative Market Analysis

Sq Ft Source: KCAR

7815 85th Place Southeast, Mercer Island, Washington 98040

Topography: Garden Space, Level, Partial Slope, Rolling

View: Territorial

Water Company: City of MI

Water: Public

Water Heater Type: Gas

Remarks Stunning custom design/build by Odegard Gockel, renowned PNW master bldr. Soaring ceilings, architecturally intriguing features, comfortable and sophisticated for the cultured palette. All day sunlight and very private w/lovely patio and yard that beckons outdoor living. Incredible kitchen, everyday spaces! Flexible fam room doubles as main flr bdrm with 3/4 bath. Enjoy working from the handsome office w/private deck, walls of builtins. Lush master...Video conference from here, no one will know!

Comparative Market Analysis

7250 92nd Avenue SE $2,150,000 PENDING

6/7/20

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

4 Beds 2.50 Baths Year Built 1998

MLS #1609499

3,370 Sq. Ft.

($638 / sqft)

Days on market: 6

Comparative Market Analysis

7250 92nd Avenue SE

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1609499

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

9019 SE 61

7815 85th Place Southeast, Mercer Island, Washington 98040

$1,750,000 PENDING

MLS #1608101

Mercer Island, WA 98040

4 Beds 2.25 Baths Year Built 1963

6/4/20

3,010 Sq. Ft.

($581 / sqft)

Days on market: 5

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Half baths: 1.0

Updated: Jun 4, 2020 12:54 PM

County: King

Lot Size: 17,745.0

List Price: $1,750,000

Middle: Islander Mid

Garages: 2

Orig list price: $1,750,000

Elementary: Buyer To Verify

Style: 12 - 2 Story

List date: 5/30/20

List/Sqft: $581

Full baths: 1.0

Pending date: 6/4/20

Taxes: $10,693

Appliances Included: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator

Floor Covering: Hardwood, Slate, Stone, Wall to Wall Carpet

Lot Details: Paved Street

Foundation: Poured Concrete

Occupant Type: Owner

Architecture: Traditional

Heating Cooling Type: Forced Air

Area: 510 - Mercer Island Subdivision: Mid Island

High: Mercer Isl High

Features

Basement: None Building Condition: Good Building Information: Built On Lot Energy Source: Natural Gas Exterior: Brick, Wood

Interior Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Elevator, High Tech Cabling, Loft, Skylights, Vaulted Ceilings, Walk-in Closet

Occupant Name: Moriyasu Olson Parking Type: GarageAttached Possession: Negotiable Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Composition Sewer Company: City of MI

Sewer Type: Sewer Connected Site Features: Cable TV, Fenced-Partially, High Speed Internet, Irrigation, Outbuildings, Patio Sq Ft Finished: 3010 Sq Ft Source: Realist Topography: Level, Partial Slope View: Territorial Water: Public

Comparative Market Analysis

Water Company: City of MI

7815 85th Place Southeast, Mercer Island, Washington 98040

Water Heater Type: Gas

Remarks Run, don't walk, to this convenient mid-island charmer! Incredibly relaxed style, private, lg southern facing yard and deck. Farmhouse kitchen opens to dining and 2 living spaces. Views to the gardens are abundant, lush. Binge watch or read in comfy fam rm w/ vaulted ceilings, rustic brick fireplace. Upstairs find 4 bedrooms, 3 on one side of the home, the 4th is separate on the other; guest br/office? So comfortable with a modern feel...you'll think you are on the east coast.

Darling playhouse!

Comparative Market Analysis

9019 SE 61 $1,750,000 PENDING

6/4/20

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1608101

Mercer Island, WA 98040

4 Beds 2.25 Baths Year Built 1963

3,010 Sq. Ft.

($581 / sqft)

Days on market: 5

Comparative Market Analysis

9019 SE 61

Mercer Island, WA 98040

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1608101

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

6550 83rd Place SE $1,999,500 PENDING

MLS #1609374

Mercer Island, WA 98040

5 Beds 2.50 Baths Year Built 1968

6/6/20

3,310 Sq. Ft.

($604 / sqft)

Days on market: 2

Details Prop Type: Residential

Half baths: 1.0

County: King Area: 510 - Mercer Island Subdivision: South End Style: 12 - 2 Story

School District: Mercer Island

Lot Size: 11,403.0

Updated: Jun 6, 2020 12:36 PM

Garages: 3

List Price: $1,999,500

Middle: Islander Mid

List date: 6/4/20

Orig list price: $1,999,500

Elementary: Island Park Elem

Pending date: 6/6/20

List/Sqft: $604

High: Mercer Isl High

Taxes: $10,112

Full baths: 2.0

Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator, Washer

Exterior: Cement/Concrete, Wood

Basement: None

Floor Covering: Ceramic Tile, Engineered Hardwood, Wall to Wall Carpet

Building Complex Or Project: Parkwest Add

Foundation: Poured Concrete

Building Condition: Remodeled

Heating Cooling Type: Central A/C, Heat Pump, Tankless Water Heater

Building Information: Built On Lot Community Features: CCRs Energy Source: Natural Gas

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Vaulted Ceilings, Walk In Pantry, Walk-in Closet

Possession: Negotiable

Lot Details: Corner Lot, Paved Street

Sewer Company: City of Mercer Island

Lot Number: 11

Sewer Type: Sewer Connected

Occupant Name: Owner Occupant Type: Owner Parking Type: GarageAttached

Potential Terms: Conventional Power Company: PSE Roof: Composition

Comparative Market Analysis

Site Features: Athletic Court, Cable TV, Electric Car Charging, Fenced-Fully, Gas Available, High Speed Internet, Patio, Sprinkler System

7815 85th Place Southeast, Mercer Island, Washington 98040

Sq Ft Finished: 3310 Sq Ft Source: King Co Topography: Level View: City, Lake, Mountain

Water Company: City of Mercer Island

Water Heater Type: Tankless

Water Heater Location: main closet

Water: Public

Remarks Completely REMODELED VIEW home perfectly located on the south end of MI. Enjoy stunning sunsets & afternoon light as you gaze at Lake WA, Seattle & the Olympics(view protected by covenants). Gourmet kitchen w/chef's appliances & beautiful marble. 5 bedrms up offer space for home office. Bonus room on main leads to large fenced backyard with sport court and lawn. West facing patio for dining al fresco as you watch the sun go down. Laundry on both flrs. Quick access to Pioneer Pk, shops & schools.

Comparative Market Analysis

6550 83rd Place SE $1,999,500 PENDING

6/6/20

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1609374

Mercer Island, WA 98040

5 Beds 2.50 Baths Year Built 1968

3,310 Sq. Ft.

($604 / sqft)

Days on market: 2

Comparative Market Analysis

6550 83rd Place SE

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1609374

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

2259 74th Avenue SE

Mercer Island, WA 98040

$1,980,000 ACTIVE

3 Beds 2.50 Baths Year Built 1954

6/8/20

MLS #1610250

3,620 Sq. Ft.

($547 / sqft)

Days on market: 4

Details Prop Type: Residential

3/4 Baths: 2.0

County: King Area: 510 - Mercer Island Subdivision: North End Style: 16 - 1 Story w/Bsmnt.

School District: Mercer Island

Lot Dim: 16204

Updated: Jun 11, 2020 11:40 AM

Lot Size: 16,204.0

List Price: $1,980,000

Middle: Islander Mid

Garages: 2

Orig list price: $1,980,000

Elementary: Buyer To Verify

List date: 6/8/20

List/Sqft: $547

High: Mercer Isl High

Taxes: $12,583

Full baths: 1.0

Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer

Building Information: Built On Lot

Heating Cooling Type: Central A/C, Forced Air

Effective Year Built Source: Public Records

Architecture: NW Contemporary

Energy Source: Electric, Natural Gas

Basement: Daylight, Partially Finished

Exterior: Cement/Concrete, Wood

Interior Features: 2nd Kitchen, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights, Wet Bar

Building Complex Or Project: Mc Gilvras Island Add

Floor Covering: Concrete, Hardwood, Stone, Wall to Wall Carpet

Lot Number: 13

Foundation: Poured Concrete

Parking Type: GarageDetached

Building Condition: Very Good

Lot Details: Paved Street Occupant Name: Owner Occupant Type: Vacant

Possession: Closing Potential Terms: Cash Out, Conventional Power Company: Puget Sound Energy Roof: Torch Down Sewer Company: City of Mercer Island Sewer Type: Sewer Connected

Comparative Market Analysis

Site Features: Athletic Court, Cable TV, Deck, FencedPartially, Gas Available, High Speed Internet, Irrigation, Patio, Sprinkler System

7815 85th Place Southeast, Mercer Island, Washington 98040

Sq Ft Finished: 3170 Sq Ft Source: Realist Topography: Garden Space, Level, Partial Slope, Sloped, Terraces

View: City, Lake, Partial, Territorial

Water Heater Location: Storage Rooms

Water: Public

Water Heater Type: Gas and Electric

Water Company: City of Mercer Island

Remarks Come discover the rare details of this California beauty remodeled to perfection. Tucked away on a private lane, the Bellevue skyline and Lake Washington views are lovely. Fabulous open floor plan, vaulted chic living & dining, XL office/ work space plus heavenly main floor master w/view. The lower level is all about fun - rec rm, BBall, full kitchen...ADU. Enjoy private al-fresco dining amidst lush landscaping. 2 Blocks to all the north-end village offers. 3,620 total sf includes lower storage.

Comparative Market Analysis

2259 74th Avenue SE $1,980,000 ACTIVE

6/8/20

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

3 Beds 2.50 Baths Year Built 1954

MLS #1610250

3,620 Sq. Ft.

($547 / sqft)

Days on market: 4

Comparative Market Analysis

2259 74th Avenue SE

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1610250

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

8871 SE 72nd Place $1,550,000 ACTIVE

MLS #1609850

Mercer Island, WA 98040

5 Beds 2.50 Baths Year Built 1966

6/10/20

3,160 Sq. Ft.

($491 / sqft)

Days on market: 2

Details Prop Type: Residential

Full baths: 1.0

Taxes: $10,445

3/4 Baths: 2.0

Updated: Jun 12, 2020 6:26 AM

County: King

Lot Size: 11,010.0

List Price: $1,550,000

High: Mercer Isl High

Garages: 2

Orig list price: $1,550,000

Middle: Islander Mid

List date: 6/10/20

List/Sqft: $491

Elementary: Lakeridge Elem

Appliances Included: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer

Floor Covering: Ceramic Tile, Hardwood, Laminate

Lot Number: 31

Sewer Type: Sewer Connected

Foundation: Poured Concrete

Occupant Type: Owner

Basement: Daylight

Heating Cooling Type: Forced Air, Tankless Water Heater

Area: 510 - Mercer Island Subdivision: South End Style: 14 - Split Entry

School District: Mercer Island

Features

Building Complex Or Project: HOPKINS J Building Information: Built On Lot Effective Year Built Source: Public Records Energy Source: Electric, Natural Gas Exterior: Wood

Occupant Name: Jenna Parking Type: CarportDetached Possession: Closing

Site Features: Cabana/ Gazebo, Cable TV, Deck, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking, Shop

Interior Features: Bath Off Master, Dining Room, French Doors, High Tech Cabling, Skylights, Vaulted Ceilings, Walk-in Closet

Potential Terms: Cash Out, Conventional

Sq Ft Finished: 2885

Power Company: Puget Sound Energy

Topography: Garden Space, Partial Slope, Terraces

Roof: Flat

Lot Details: Corner Lot, Paved Street

View: Territorial

Sewer Company: City of Mercer Island

Water: Public

Sq Ft Source: KCR

Comparative Market Analysis

Water Company: City of Mercer Island

7815 85th Place Southeast, Mercer Island, Washington 98040

Water Heater Location: Storage Room LL

Water Heater Type: On Demand Tankless Gas

Remarks Serene Southend Setting, this spacious home offers open living & dining areas with rich hardwood floors throughout & dramatic windows rising up to a vaulted ceiling. Cook with delight in the remodeled kitchen or open French doors for al fresco dining on the patio and gazebo. Dont miss the adorable detached studio! Three vaulted bedrooms up plus a huge rec room 2 more bedrooms down provide great flex space. Near MI Country club, walking trails, shopping, dining, Starbucks & Top-rated schools

Comparative Market Analysis

8871 SE 72nd Place $1,550,000 ACTIVE

6/10/20

7815 85th Place Southeast, Mercer Island, Washington 98040

MLS #1609850

Mercer Island, WA 98040

5 Beds 2.50 Baths Year Built 1966

3,160 Sq. Ft.

($491 / sqft)

Days on market: 2

Comparative Market Analysis

8871 SE 72nd Place

7815 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1609850

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Analysis

Greg Rosenwald Compass

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Comparable Property Statistics S

7 Sold Listings LOWEST

$1,400,000

P

$1,703,571

HIGH

$2,150,000

AVG PRICE / SQFT

AVG DOM

$547

14

AVG PRICE / SQFT

AVG DOM

$596

4

AVG PRICE / SQFT

AVG DOM

$519

3

4 Pending Listings LOWEST

$1,599,000

A

AVERAGE

AVERAGE

$1,874,625

HIGH

$2,150,000

2 Active Listings LOWEST

$1,550,000

AVERAGE

$1,765,000

HIGH

$1,980,000

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Online Valuation Analysis

How accurate are Zestimates?

3.7%

$74,055

Zestimates varied up to 3.7% or $74,055 compared to actual MLS prices.

S

7 Sold

ADDRESS

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

4237 90th Avenue SE

3/17/20

$1,700,000

$1,704,534

0.3%

7405 91st Avenue SE

5/1/20

$1,550,000

$1,549,272

0.0%

6280 W Mercer Way

3/12/20

$1,745,000

$1,750,852

0.3%

9458 SE 52nd Street

1/17/20

$1,780,000

$1,803,192

1.3%

6250 Mercer Way

5/22/20

$1,600,000

$1,599,422

0.0%

7790 80th Place SE

6/3/20

$2,150,000

$2,149,456

0.0%

8525 SE 79th Place

6/4/20

$1,400,000

$1,399,685

0.0%

PRICE

ZESTIMATE

DIFFERENCE

3632 73rd Avenue SE

$1,599,000

$1,658,222

3.7%

7250 92nd Avenue SE

$2,150,000

$2,189,834

1.9%

9019 SE 61

$1,750,000

$1,795,102

2.6%

6550 83rd Place SE

$1,999,500

$2,073,555

3.7%

PRICE

ZESTIMATE

DIFFERENCE

$1,980,000

$2,053,333

3.7%

P

4 Pending

ADDRESS

A

2 Active

ADDRESS

2259 74th Avenue SE

Comparative Market Analysis

ADDRESS

8871 SE 72nd Place

7815 85th Place Southeast, Mercer Island, Washington 98040

PRICE

ZESTIMATE

DIFFERENCE

$1,550,000

$1,607,407

3.7%

Source: Zillow

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Sold Property Analysis

Averages

100.7%

14

Homes sold for an average of 100.7% of their list price.

It took an average of 14 days for a home to sell.

Days on market

Analysis ADDRESS

LIST PRICE

SOLD PRICE

% OF LIST PRICE

DOM

$ PER SQFT

4237 90th Avenue SE

$1,600,000

$1,700,000

106.3%

1

$543

7405 91st Avenue SE

$1,550,000

$1,550,000

100.0%

6

$500

6280 W Mercer Way

$1,695,000

$1,745,000

102.9%

1

$570

9458 SE 52nd Street

$1,820,000

$1,780,000

97.8%

55

$567

6250 Mercer Way

$1,650,000

$1,600,000

97.0%

32

$453

7790 80th Place SE

$2,175,000

$2,150,000

98.9%

2

$652

8525 SE 79th Place

$1,350,000

$1,400,000

103.7%

4

$545

$1,691,429

$1,703,571

100.7%

14

$547

Averages

Comparative Market Analysis

7815 85th Place Southeast, Mercer Island, Washington 98040

Suggested List Price

Analysis of the comparable properties suggests a list price of:

$1,750,000 $460 / sqft

Comparable Averages per Status S

7 Sold

$1,703,571 $547 / sqft $1,703,571 $547 / sqft

P

4 Pending

A

2 Active

$1,874,625 $596 / sqft

$1,765,000 $519 / sqft

4 Days on Market

3 Days on Market

14 Days on Market

Additional Notes The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

Greg Rosenwald Founding Broker, Compass Seattle

206.914.0417 greg.rosenwald@compass.com

Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.