Mary Lee - Mercer Island - May 2018

MERCER ISLAND

Mary Lee & Associates

Real Estate Market Report | May 2018

Exceptional Service & Results Since 1987

C: (425) 941-4229 E: mary@maryleerealestate.com www.MercerIslandHouseValue.com

PRESENTED BY MARY LEE & ASSOCIATES

Keller Williams Realty 2731 77th Avenue SE, #205 Mercer Island, WA 98040 Each office is independently owned and operated.

8

EASY STEPS

TO SELLING YOUR HOME

1. DISCUSS SELLING YOUR HOUSE 8. CONGRATS, YOUR HOUSE IS SOLD!

7. PREPARE ALL PAPERWORK

2. MEET WITH MARY LEE

Jonathan and Angela-Marie, If you’ve considered selling and would like to learn more about how our Ultimate Home Selling Success System™ will help you achieve your real estate goals, call me today at 425.941.4229.

3. REVIEW MARKETING, PRICING & SALES STRATEGY

4. PREPARE YOUR HOUSE FOR THE SALE PROCESS Visit www.MercerIslandHouseValue.com for community info, current listings, and more.

SO

6. RECEIVE & NEGOTIATE OFFERS

5. IMPLEMENT MARKETING

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PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

Mary Lee & Associates A New Level of Service & Results in Real Estate

Mary Lee & Associates

Exceptional Service & Results Since 1987

C: (425) 941-4229 E: mary@maryleerealestate.com www.MercerIslandHouseValue.com Keller Williams Realty 2731 77th Avenue SE, #205 Mercer Island, WA 98040

“Eight months after the sale of our home, my wife and I are still delighted with the experience that we had working with Mary Lee and Jeff Shaffer. They have an extensive process that yields real results. Mary Lee and Jeff have an extensive knowledge of the Real Estate market, recommendations to prep your home for the best results, a targeted marketing plan when the home is listed and superb negotiating skills to get the best price in the shortest amount of time. We recommend this team without reservations!”

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(KeyBank Building - Parking in back)

LIVING, LOVING AND PROMOTING OUR COMMUNITY’S VALUE

MERCER ISLAND Bedrooms 3 2 5 4 3 4 5 5 5 5 5 5 4 4 4

Total Baths 0.0 1.0 2.0 2.0 2.1 1.1 2.1 4.1 2.2 2.2 4.1 3.1 2.1 2.1 2.2

Estimated Square Feet 1,540 1,280 2,850 2,200 3,090 3,180 3,165 3,556 4,440 5,469 5,480 7,390 4,950 5,290 7,907

Year Built 1955 1947 1962 1958 1994 1967 2018 2018 1959 1967 2007 1996 2015 1979 2008

List Price $1,049,000 $1,250,000 $1,299,999 $1,350,000 $1,399,000 $1,588,000 $2,038,000 $2,099,880 $2,450,000 $3,480,000 $3,780,000 $3,998,000 $4,890,000 $5,280,000 $8,500,000

List Date 03/21/18 04/03/18 03/12/18 03/20/18 03/27/18 03/27/18 04/02/18 03/19/18 03/19/18 03/16/18 03/27/18 03/27/18 03/30/18 03/21/18 03/22/18

Mercer Island Homes Recently Sold Bedrooms 3 4 5 4 4 4 4 5 3 4 3

Total Baths 1.1 2.0 3.1 2.0 1.1 2.1 1.0 3.0 2.0 1.1 1.0

MORTGAGE RATES INCREASE

This is the perfect time of year to take advantage of seasonal momentum and improved market conditions. I am a real estate professional that excels in Mercer Island properties. Please call me at (425) 941-4229 to discuss how I can help you maximize the selling potential of your home.

Active

Pending

Estimated Square Feet 1,900 3,643 5,090 2,790 2,180 7,060 3,950 4,440 1,700 2,760 2,800

Year Built 1956 1926 2018 1958 1960 2000 1960 1988 1977 1978 1961

List Price $1,195,000 $1,675,000 $3,980,000 $1,549,950 $1,188,000 $9,500,000 $1,480,000 $2,475,000 $875,000 $1,275,000 $1,600,000

List Date 02/22/18 02/15/18 01/23/18 02/20/18 02/27/18 02/19/18 02/20/18 03/09/18 02/06/18 02/23/18 02/28/18

Sold Price $1,234,000 $1,630,000 $3,980,000 $1,635,000 $1,350,000 $8,500,000 $1,460,000 $2,600,000 $850,000 $1,517,448 $1,750,000

Sold Date 04/02/18 03/30/18 03/29/18 03/28/18 03/27/18 03/27/18 03/26/18 03/26/18 03/23/18 03/23/18 03/23/18

Mary Lee, Mary Lee & Associates, and Keller Williams Luxury Home International are not in any way affiliated with any Mercer Island Home Owners Association, nor is this in any way an official advertisement or publication of Mercer Island. © 2018 Keller Williams Luxury Home International. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the NWMLS as of April 3rd, 2018. Listings and sales may not be those of Keller Williams Luxury Home International. NWMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018

AT A GLANCE

Homes Currently Active: 48 Pending Sales: 49 Homes Recently Sold: 11 Average Sold Price: $2,409,677

Please call (425) 941-4229 for more details on any listings.

Address 4040 97th SE Avenue 3840 W Mercer Way 4624 81st SE Avenue 9100 SE 44th Street 8830 SE 59th Street 7010 N Mercer Way 6006 90th SE Avenue 7947 Lake View Lane 4550 Island Crest Way 7448 W Mercer Way 3735 81st SE Avenue

DAYS ARE LONGER

MERCER ISLAND

There are currently 49 homes pending in Mercer Island.

Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

NATURE IS IN FULL BLOOM

Real Estate Market Report

Mercer Island Homes Recently Listed (Showing 15 of 48 Total Active Homes) Address 4029 97th SE Avenue 2824 60th SE Avenue 7215 91st SE Avenue 6206 89th SE Avenue 4761 Fernridge Lane 5300 90th SE Avenue 4857 90th SE Avenue 8157 SE 24th Street 3428 81st SE Place 4250 Crestwood Place 3256 72nd SE Place 3630 W Mercer Way 4635 Forest SE Avenue 9615 SE 72nd Street 7406 N Mercer Way

BUYERS WILL BE PLENTIFUL

CURRENT MARKET ACTIVITY

Mary Lee & Associates A New Level of Service & Results

Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active

WHY IS SPRING THE PERFECT TIME TO LIST YOUR HOME?

5-STAR ZILLOW AGENT

Average Days On Market (Sold): 6 Google 2018

©

Find Out Your Home’s TRUE Value Today!

Jonathan and Angela-Marie, Receive the most accurate assessment of your home's value, provided to you as a complimentary service by Mary Lee, your Mercer Island real estate specialist.

You will not be contacted with any other solicitation.

www.MercerIslandHouseValue.com

Sold