Greg Rosenwald CMA | 4.6.21 | Duran

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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

8431 85th Avenue 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


Mercer Island’s Top 10 by Sales Volume 1. Greg Rosenwald Agent 2*

$90.6M

Agent 3* Agent 4* Agent 5*

$78.7M

Agent 6* Agent 7*

$25M

Agent 8* Agent 9*

$21.8M Agent 10

*

26

$20M

CLOSED SALES

$19.9M

$90.6M

$19.1M

TOTAL SALES VOLUME

$18.2M

$3.6M AVERAGE SALES PRICE

$16M $15M

#1 WATERFRONT SALES

*2020 MERCER ISLAND STATISTICS


Your home at a glance 5 BEDROOMS

3030 SQ FT

2.75 BATHS

10,800 LOT SQ FT

BUILT IN 1972


Facts and TrendsTM - Published March 2021*

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

Number of Homes For Sale vs. Sold vs. Pended (Dec. 2019 - Feb. 2021)

Prepared for you by: Greg Rosenwald


Facts and TrendsTM - Published March 2021*

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

Average Price per SQFT (Sold) (Dec. 2019 - Feb. 2021)

Prepared for you by: Greg Rosenwald


Facts and TrendsTM - Published March 2021*

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

Avg CDOM & SP/Orig LP % (Dec. 2019 - Feb. 2021)

Prepared for you by: Greg Rosenwald


Facts and TrendsTM - Published March 2021*

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

Average Price of For Sale and Sold (Dec. 2019 - Feb. 2021)

Prepared for you by: Greg Rosenwald


Facts and TrendsTM - Published March 2021*

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 (Dec. 2019 - Feb. 2021)

Prepared for you by: Greg Rosenwald

All reports are published March 2021, based on data available at the end of February 2021, 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.


7634 85th Pl Se, Mercer Island, WA 98040-5729, King County MLS Beds 5

MLS Sq Ft 3,030

Lot Sq Ft 10,800

MLS Sale Price $740,000

MLS Baths 2.7

Yr Built 1972

Type SFR

MLS Sale Date 08/24/2009

OWNER INFORMATION

Owner Name (LN FN)

Doran Ambika K

Tax Billing Zip

98040

Owner Name 2 (LN FN)

Doran Paul T

Tax Billing Zip+4

5729

Tax Billing Address

7634 85th Pl Se

Owner Occupied

Yes

Tax Billing City & State

Mercer Island, WA

LOCATION INFORMATION

Zip Code

98040

Neighborhood Code

034007-034007

Subdivision

Mercer Island Estates 01

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

TAX INFORMATION

Tax-ID

545120-0220

% Improved

20%

Alt. Tax-ID

545120022003

Tax Area

1031

Parcel ID

5451200220

Legal Book/Page

83-50

Legal Description

MERCER ISLAND ESTATES # 1 PL AT BLOCK: PLAT LOT: 22

ASSESSMENT & TAX

Assessment Year

2020 - Preliminary

2019

2018

2017

Assessed Value - Total

$1,117,000

$1,111,000

$1,088,000

$982,000

Assessed Value - Land

$1,000,000

$884,000

$867,000

$784,000

Assessed Value - Improved

$117,000

$227,000

$221,000

$198,000

Market Value - Total

$1,117,000

$1,111,000

$1,088,000

$982,000

Market Value - Land

$1,000,000

$884,000

$867,000

$784,000

Market Value - Improved

$117,000

$227,000

$221,000

$198,000

YOY Assessed Change ($)

$6,000

$23,000

$106,000

YOY Assessed Change (%)

0.54%

2.11%

10.79%

Total Tax

Tax Year

Change ($)

Change (%)

$8,527

2018

$8,185

2019

-$342

-4.01%

$8,787

2020

$601

7.35%

CHARACTERISTICS

Lot Acres

0.2479

Full Baths

Tax: 3 MLS: 2

Lot Area

10,800

3/4 Baths

2

Land Use

SFR

Fireplaces

2

County Land Use

Single Family(Res Use/Zone)

Condition

Good

Year Built

1972

Quality

Good

Total Living Sq Ft

Tax: 2,230 MLS: 3,030

Water Source

Public

Above Gnd Sq Ft

1,540

Sewer

Public Service

Gross Area

2,440

Heat Type

Forced Air

Ground Floor Sq Ft

1,540

Porch

Open Porch

Basement Sq Feet

900

Porch Type

Open Porch

Finished Basement Area

690

Patio Type

Deck

Unfinished Basement Area

210

Patio/Deck 1 Area

340

Stories

1

Garage Type

Basement

Bedrooms

Tax: 4 MLS: 5

Parking Type

Basement Garage

Total Baths

Tax: 3 MLS: 2.7

Attached Garage SF

590

MLS Total Baths

2.7

Property Details

Courtesy of Greg Rosenwald, COMPASS

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: 04/05/21 Page 1/3


SELL SCORE

Rating

Very High

Sell Score

876

Value As Of

2021-03-13 23:54:53

ESTIMATED VALUE

RealAVM™

$1,296,800

Confidence Score

75

RealAVM™ Range

$1,218,992 - $1,374,608

Forecast Standard Deviation

6

Value As Of

03/31/2021

(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 50 - 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

29036918

Closing Price

$740,000

MLS Status

Sold

Closing Date

08/24/2009

MLS DOM

124

MLS Listing Agent

1786-Peggy Watkins

MLS Status Change Date

08/24/2009

MLS Listing Broker

COLDWELL BANKER BAIN

MLS Listing Date

03/27/2009

MLS Selling Agent

51925-Michael Good

MLS List Price

$799,950

MLS Selling Broker

WINDERMERE REAL ESTATE CO.

MLS Orig. List Price

$899,999

MLS Listing #

25018016

MLS Status

Sold

MLS Listing Date

02/14/2005

MLS Listing Price

$685,000

MLS Orig Price

$685,000

MLS Sold Date

03/03/2005

MLS Sold Price

$691,000

LAST MARKET SALE & SALES HISTORY

Recording Date

08/25/2009

Deed Type

Warranty Deed

Settle Date

Tax: 08/21/2009 MLS: 08/24/2009

Owner Name (LN FN)

Doran Ambika K

Sale Price

$740,000

Owner Name 2 (LN FN)

Doran Paul T

Price Per Square Feet

$331.84

Seller Name (LN FN)

National Residl Nominee Svcs

Auditor No

200908251443

Recording Date

08/25/2009

08/25/2009

03/03/2005

Sale/Settlement Date

08/21/2009

06/14/2009

02/28/2005

Sale Price

$740,000

$745,000

$691,000

Buyer Name

Doran Paul T & Ambika K

National Residl Nominee Svcs

Bickers Charles N & Amy R

Buyer Name 2

Doran Ambika K

Seller Name

National Residl Nominee Svcs

Bickers Charles N & Amy R

Olson Arnold H & Eveline P

Auditor No

200908251443

200908251442

200503031646

Hist. Document No.

2405533

2405531

2105559

Document Type

Warranty Deed

Warranty Deed

Warranty Deed

Bickers Amy R

MORTGAGE HISTORY

Mortgage Date

09/25/2015

12/27/2010

11/30/2009

08/25/2009

09/09/2008

Mortgage Amount

$517,000

$561,300

$567,500

$567,500

$40,000

Mortgage Lender

Citibank Na

Metlife Hm Lns

Metlife Hm Lns

Metlife Hm Lns

Boeing Emps Cu

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Date

03/03/2005

05/18/2004

Mortgage Amount

$450,000

$200,000

Mortgage Lender

Boeing Emps Cu

Bank Of America

Property Details

Courtesy of Greg Rosenwald, COMPASS

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: 04/05/21 Page 2/3


Mortgage Type

Conventional

Conventional

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Greg Rosenwald, COMPASS

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: 04/05/21 Page 3/3


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = SOLD

P = PENDING

BEDS

BATHS

7634 85th Pl SE

5

P = PENDING INSPECTION

A = ACTIVE

SQFT

PRICE

2.75

3,030

-

1

Subject

2

1678779

S

6160 W Mercer Way

4

3.25

3,140

$1,525,000

3

1723410

S

7116 82nd Avenue SE

4

3.50

2,873

$1,712,300

4

1726915

S

6211 Parkside Lane

4

2.75

3,200

$1,736,700

5

1671606

S

4515 Ferncroft Road

4

2.75

3,040

$1,656,000

6

1724611

S

6218 89th Avenue SE

5

3.25

3,040

$1,725,000

7

1664148

S

8560 SE 82nd Street

4

2.75

3,300

$1,525,000

8

1717751

S

4440 92nd Avenue SE

4

2.50

2,980

$1,700,000

9

1730535

P

4011 96th Avenue SE

5

2.75

3,420

$1,599,000

10

1698290

P

7875 85th Place SE

3

2.75

2,880

$1,999,999

11

1742844

P

9004 SE 60th Street

3

2.50

2,685

$1,815,000

12

1746381

A

7000 80th Avenue SE

4

3.00

2,930

$1,798,000


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

6160 W Mercer Way

3/1/21

4

3.25

3,140

$1,525,000

$486

7116 82nd Avenue SE

3/10/21

4

3.50

2,873

$1,712,300

$596

6211 Parkside Lane

3/19/21

4

2.75

3,200

$1,736,700

$543

4515 Ferncroft Road

11/6/20

4

2.75

3,040

$1,656,000

$545

6218 89th Avenue SE

3/19/21

5

3.25

3,040

$1,725,000

$567

10/23/20

4

2.75

3,300

$1,525,000

$462

2/22/21

4

2.50

2,980

$1,700,000

$570

3,081

$1,654,286

$538

8560 SE 82nd Street 4440 92nd Avenue SE

Averages

P

PENDING LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

4011 96th Avenue SE

-

5

2.75

3,420

$1,599,000

$468

7875 85th Place SE

-

3

2.75

2,880

$1,999,999

$694

9004 SE 60th Street

-

3

2.50

2,685

$1,815,000

$676

2,995

$1,804,666

$613

Averages

A

ACTIVE LISTINGS

ADDRESS

7000 80th Avenue SE

Averages

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

4

3.00

2,930

$1,798,000

$614

2,930

$1,798,000

$614


Listings

Greg Rosenwald Compass


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

6160 W Mercer Way $1,525,000 SOLD

MLS #1678779

Mercer Island, WA 98040

4 Beds 3.25 Baths Year Built 1978

3/1/21

3,140 Sq. Ft.

($486 / sqft)

Days on market: 66

Details Prop Type: Residential

3/4 Baths: 1.0

Off-market date: 3/1/21

Taxes: $8,944

County: King

Half baths: 1.0

School District: Mercer Island

Area: 510 - Mercer Island

Lot Size: 11,773.0

Updated: Mar 5, 2021 2:32 AM

Garages: 2

List Price: $1,550,000

Middle: Islander Mid

List date: 11/12/20

Orig list price: $1,600,000

Elementary: Buyer To Verify

Sold date: 3/1/21

List/Sqft: $494

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

Building Information: Built On Lot

Heating Cooling Type: Central A/C, Forced Air, Heat Pump

Occupant Name: Your Buyer!

Architecture: NW Contemporary

Exterior: Wood

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace in Mstr BR, Skylights

Parking Type: GarageDetached

Subdivision: West Mercer Style: 18 - 2 Stories w/Bsmnt Full baths: 2.0

High: Mercer Isl High

Features

Basement: Daylight, Fully Finished

Energy Source: Electric, Natural Gas Financing: Conventional

Builder: Black & Caldwell

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

Building Complex Or Project: Lakeview Highlands East

Foundation: Poured Concrete

Building Condition: Very Good

Occupant Type: Vacant

Possession: Closing

Leased Equipment: None

Potential Terms: Cash Out, Conventional

Lot Details: Cul-de-sac, Paved Street

Power Company: Puget Sound Energy

Lot Number: 13

Roof: Cedar Shake


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Sewer Company: City of Mercer Island

Site Features: Cable TV, Deck, Gas Available

Topography: Partial Slope, Terraces

Water Heater Location: Basement

Sewer Type: Sewer Connected

Sq Ft Finished: 3140

Water: Community, Public

Water Heater Type: Gas

Sq Ft Source: KCR

Water Company: City of Mercer Island

Remarks Nestled in lovely Lakeview Highlands East, this iconic Black & Caldwell NW Contemporary offers vaulted, sky-lit ceilings and expansive windows anchored by warm hardwoods. Bright, open living & dining areas flow to the updated kitchen with slab granite surfaces, built-in double ovens & windowed breakfast nook. Enjoy ample flex space with four bedroomsincluding an owners suite with cozy fireplace and private deckplus a huge, fireside rec room. Minutes to beaches, parks, the shopping center and I-90!


Comparative Market Analysis

6160 W Mercer Way $1,525,000 SOLD

3/1/21

7634 85th Place Southeast, Mercer Island, Washington 98040

MLS #1678779

Mercer Island, WA 98040

4 Beds 3.25 Baths Year Built 1978

3,140 Sq. Ft.

($486 / sqft)

Days on market: 66


Comparative Market Analysis

6160 W Mercer Way

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1678779


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

7116 82nd Avenue SE

Mercer Island, WA 98040

$1,712,300 SOLD

4 Beds 3.50 Baths Year Built 1966

3/10/21

MLS #1723410

2,873 Sq. Ft.

($596 / sqft)

Days on market: 7

Details Prop Type: Residential

Half baths: 1.0

School District: Mercer Island

Lot Size: 11,000.0

Updated: Mar 10, 2021 9:12 AM

County: King

Garages: 2

List Price: $1,550,000

Middle: Islander Mid

List date: 2/1/21

Orig list price: $1,550,000

Elementary: Lakeridge Elem

Style: 12 - 2 Story

Sold date: 3/10/21

List/Sqft: $540

Full baths: 3.0

Off-market date: 3/10/21

Taxes: $10,050

Exterior: Wood

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace in Mstr BR, French Doors, Skylights, Walk-in Closet

Parking Type: GarageAttached

Lot Details: Corner Lot, Drought Res Landscpe, Paved Street

Power Company: PSE

Area: 510 - Mercer Island Subdivision: Mercer Island

High: Mercer Isl High

Features Appliances Included: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer Basement: None Building Condition: Remodeled Building Information: Built On Lot Effective Year Built Source: See Remarks Energy Source: Natural Gas

Financing: Conventional Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet Foundation: Poured Concrete Heating Cooling Type: Forced Air

Occupant Name: Undisclosed Occupant Type: Owner

Possession: Closing Potential Terms: Cash Out, Conventional Roof: Composition Sewer Company: City of Mercer Island Sewer Type: Sewer Connected


Comparative Market Analysis

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

7634 85th Place Southeast, Mercer Island, Washington 98040

Sq Ft Finished: 2873 Sq Ft Source: Architectural plans

Topography: Garden Space, Level

Water Company: City of Mercer Island

View: Territorial Water: Public

Remarks You found it! Thoughtfully designed & updated spaces in this light & bright Traditional. Soaring entry, open & spacious great room connected to gourmet, eat-in kitchen w/ easy access to the back and side yard w/ native landscape gardens and patio. Ideal floor plan w/ 4 upstairs bedrooms & gracious living spaces. Huge owners' suite w/ adjacent family room or spectacular office & 5-piece bath. Great workshop space & deep garage w/ extra boat/RV parking. Tons of updates - new premium wool carpet & bathroom tile, recent roof, re-finished hardwoods. Walk to IMS, Lakeridge, sports fields & parks. Close to south end QFC, Country Club, Starbucks, Pioneer Park w/miles of trails, & the Mercer Island Saddle Club. Turn-key & ready to move right in!


Comparative Market Analysis

7116 82nd Avenue SE $1,712,300 SOLD

3/10/21

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

4 Beds 3.50 Baths Year Built 1966

MLS #1723410

2,873 Sq. Ft.

($596 / sqft)

Days on market: 7


Comparative Market Analysis

7116 82nd Avenue SE

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1723410


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

6211 Parkside Lane $1,736,700 SOLD

MLS #1726915

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1967

3/19/21

3,200 Sq. Ft.

($543 / sqft)

Days on market: 6

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Lot Size: 14,893.0

Updated: Mar 19, 2021 12:40 PM

County: King

Garages: 2

List Price: $1,695,000

Middle: Islander Mid

List date: 2/10/21

Orig list price: $1,695,000

Elementary: Island Park Elem

Style: 12 - 2 Story

Sold date: 3/19/21

List/Sqft: $530

Full baths: 2.0

Off-market date: 3/19/21

Taxes: $10,926

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

Energy Source: Electric, Natural Gas

Parking Type: GarageAttached

Architecture: Traditional

Financing: Conventional

Basement: None

Leased Equipment: None

Power Company: PSE

Building Condition: Remodeled

Floor Covering: Ceramic Tile, Hardwood, Other Renewable, Stone, Wall to Wall Carpet

Interior Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet Lot Details: Dead End Street

Roof: Composition

Building Information: Built On Lot

Foundation: Poured Concrete

Occupant Name: Undisclosed

Sewer Company: City of Mercer Island

Community Features: CCRs

Heating Cooling Type: Central A/C, Forced Air

Occupant Type: Owner

Sewer Type: Sewer Connected

Area: 510 - Mercer Island Subdivision: Mercer Island

High: Mercer Isl High

Features

Builder: Buchan

Exterior: Brick, See Remarks, Wood

Possession: Negotiable, See Remarks Potential Terms: Cash Out, Conventional, FHA, VA


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

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

Sq Ft Source: KCR

Water: See Remarks

Topography: Fruit Trees, Garden Space, Level

Water Company: City of Mercer Island

Sq Ft Finished: 3200

View: Territorial

Water Heater Location: Laundry Water Heater Type: Gas

Remarks Storybook perfect! Situated on coveted Parkside Lane, just blocks from Pioneer Park, the Funny Farm + south end amenities. Re-envisioned in 99, this is not your typical Buchan home. Warmth, charm, and character abound! Gracious entry, cozy living surrounded by bookcases + a cheery formal dining room with walls of windows. Updated kitchen with butcher block & stainless-steel countertops, rustic farm sink + 2 garden windows overlooking the edible garden. Generous family room + a wide gallery hallway. Main floor office/5th Bedroom with vaulted ceiling + a mud room/pet retreat just off the 2-car garage. Upstairs, youll find a landing/library, master suite, 3 more bedrooms + a sweet full bath. Welcome home - your white picket home awaits


Comparative Market Analysis

6211 Parkside Lane $1,736,700 SOLD

3/19/21

7634 85th Place Southeast, Mercer Island, Washington 98040

MLS #1726915

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1967

3,200 Sq. Ft.

($543 / sqft)

Days on market: 6


Comparative Market Analysis

6211 Parkside Lane

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1726915


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

4515 Ferncroft Road $1,656,000 SOLD

MLS #1671606

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1974

11/6/20

3,040 Sq. Ft.

($545 / sqft)

Days on market: 4

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Lot Size: 32,213.0

Updated: Nov 6, 2020 9:26 AM

County: King

Garages: 2

List Price: $1,550,000

Middle: Islander Mid

List date: 10/2/20

Orig list price: $1,550,000

Elementary: Buyer To Verify

Style: 15 - Multi Level

Sold date: 11/6/20

List/Sqft: $510

Full baths: 2.0

Off-market date: 11/6/20

Taxes: $10,476

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

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

Basement: None

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

Interior Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/ Storm Windw, Dining Room, Loft, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet, Wet Bar, Wired for Generator

Area: 510 - Mercer Island Subdivision: East Mercer

High: Mercer Isl High

Features

Building Information: Built On Lot Energy Source: Electric, Natural Gas Exterior: Wood Financing: Conventional

Foundation: Poured Concrete

Lot Details: Dead End Street, Drought Res Landscpe, Paved Street, Secluded Occupant Name: Undisclosed

Occupant Type: Owner Parking Type: GarageAttached Possession: Closing Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Composition Sewer Company: City of Mercer Island Sewer Type: Sewer Connected


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa

Sq Ft Source: KCR

Water: Public

Topography: Brush, Garden Space, Partial Slope, Wooded

Water Company: City of Mercer Island

Sq Ft Finished: 3040

View: Territorial

Water Heater Type: Tankless Waterfront: Creek

Water Heater Location: Utility Room

Remarks Idyllic Northwest Lifestyle. Private & serene yet conveniently located mid-island, this stunning NW Contemporary will steal your heart. Dramatic architecture w/ vaulted ceilings, window walls & thoughtful spaces for living & working. Rain or shine, enjoy the new, covered outdoor living room w/ heaters, fire table & TV. Open, spacious kitchen takes center stage. Immaculately maintained w/ tons of upgrades-new roof, new HVAC, generator, spa, etc. Experience multiple outside spaces on huge lot.


Comparative Market Analysis

4515 Ferncroft Road $1,656,000 SOLD

11/6/20

7634 85th Place Southeast, Mercer Island, Washington 98040

MLS #1671606

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1974

3,040 Sq. Ft.

($545 / sqft)

Days on market: 4


Comparative Market Analysis

4515 Ferncroft Road

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1671606


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

6218 89th Avenue SE

Mercer Island, WA 98040

$1,725,000 SOLD

5 Beds 3.25 Baths Year Built 1954

3/19/21

MLS #1724611

3,040 Sq. Ft.

($567 / sqft)

Days on market: 2

Details Prop Type: Residential

3/4 Baths: 1.0

Off-market date: 3/19/21

Taxes: $9,394

County: King

Half baths: 1.0

School District: Mercer Island

Area: 510 - Mercer Island

Lot Size: 22,376.0

Updated: Mar 20, 2021 4:35 AM

Garages: 2

List Price: $1,499,995

Middle: Islander Mid

List date: 2/8/21

Orig list price: $1,499,995

Elementary: Island Park Elem

Sold date: 3/19/21

List/Sqft: $493

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

Financing: Conventional

Architecture: Traditional

Foundation: Poured Concrete

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace in Mstr BR, Jetted Tub, Vaulted Ceilings, Wet Bar

Subdivision: Mid Island Style: 10 - 1 Story Full baths: 2.0

High: Mercer Isl High

Features

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

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

Heating Cooling Type: High Efficiency (Unspecified)

Lot Details: Dead End Street, Paved Street Occupant Name: Vacant Occupant Type: Vacant Parking Type: GarageAttached Possession: Closing

Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Composition Sewer Company: City of Mercer Island Sewer Type: Sewer Connected Site Features: Cable TV, Fenced-Partially, Patio Sq Ft Finished: 3040 Sq Ft Source: Realist


Comparative Market Analysis

Topography: Garden Space, Level View: Territorial

7634 85th Place Southeast, Mercer Island, Washington 98040

Water: Public Water Company: City of Mercer Island

Water Heater Location: Closet Water Heater Type: Gas

Remarks Rarely found 3040 sqft rambler w/ 5 beds, 3.25 baths & a large bonus room provides space for everyone & is an entertainers dream. Master wing w/ an En-suite bath & cozy fireplace overlooks the private park-like backyard setting. You will love the updated kitchen w/ slab granite countertops, wet bar, gas range & tons of storage. Enjoy the convenience of a mid-island location, on a dead-end street, close to excellent parks, schools & only minutes away from shops, restaurants & more. Pre-inspected.


Comparative Market Analysis

6218 89th Avenue SE $1,725,000 SOLD

3/19/21

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

5 Beds 3.25 Baths Year Built 1954

MLS #1724611

3,040 Sq. Ft.

($567 / sqft)

Days on market: 2


Comparative Market Analysis

6218 89th Avenue SE

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1724611


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

8560 SE 82nd Street $1,525,000 SOLD

MLS #1664148

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1966

10/23/20

3,300 Sq. Ft.

($462 / sqft)

Days on market: 5

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Lot Size: 11,000.0

Updated: Oct 24, 2020 3:44 AM

County: King

Garages: 2

List Price: $1,500,000

Middle: Islander Mid

List date: 9/18/20

Orig list price: $1,500,000

Elementary: Lakeridge Elem

Style: 15 - Multi Level

Sold date: 10/23/20

List/Sqft: $455

Full baths: 2.0

Off-market date: 10/23/20

Taxes: $11,234

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

Lot Details: Paved Street

Basement: Daylight

Foundation: Poured Concrete

Parking Type: GarageAttached

Building Information: Built On Lot

Heating Cooling Type: Forced Air

Possession: Negotiable

Sq Ft Source: KCTAR Topography: Level

Energy Source: Natural Gas

Interior Features: Bath Off Master, Dining Room, French Doors, Skylights, Vaulted Ceilings, Walk-in Closet, Wet Bar, Wired for Generator

Potential Terms: Cash Out, Conventional Power Company: PSE

Water: Public

Roof: Cedar Shake

Water Company: City of Mercer Island

Area: 510 - Mercer Island Subdivision: Island Point

High: Mercer Isl High

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

Exterior: Wood Financing: Cash

Occupant Name: Vacant Occupant Type: Vacant

Sewer Company: City of Mercer Island

Sewer Type: Sewer Connected Site Features: Cable TV, Deck, Patio Sq Ft Finished: 3300

View: Territorial


Comparative Market Analysis

Water Heater Location: lower level closet

7634 85th Place Southeast, Mercer Island, Washington 98040

Water Heater Type: gas

Remarks Great opportunity in sought after Island Point! Wonderful 11,000 square foot lot expands street to street. Remodeled over the years. New paint and carpet thru out. Excellent floor plan: 4 bedrooms up. Generous recreation room, fireplace & 3/4 bath. Main-floor office with fireplace. The kitchen is ready for your remodeling ideas! Appliances include Sub-Zero & gas cook top. Adjacent family room: beautiful vertical grain fir wall, fireplace. New deck, charming patio & huge yard. Lots of potential!


Comparative Market Analysis

8560 SE 82nd Street $1,525,000 SOLD

10/23/20

7634 85th Place Southeast, Mercer Island, Washington 98040

MLS #1664148

Mercer Island, WA 98040

4 Beds 2.75 Baths Year Built 1966

3,300 Sq. Ft.

($462 / sqft)

Days on market: 5


Comparative Market Analysis

8560 SE 82nd Street

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1664148


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

4440 92nd Avenue SE $1,700,000 SOLD

MLS #1717751

Mercer Island, WA 98040

4 Beds 2.50 Baths Year Built 1966

2/22/21

2,980 Sq. Ft.

($570 / sqft)

Days on market: 1

Details Prop Type: Residential

Half baths: 1.0

School District: Mercer Island

Lot Size: 24,588.0

Updated: Feb 25, 2021 11:53 AM

County: King

Garages: 2

List Price: $1,550,000

Middle: Islander Mid

List date: 1/19/21

Orig list price: $1,550,000

Elementary: Northwood Elem

Style: 16 - 1 Story w/Bsmnt.

Sold date: 2/22/21

List/Sqft: $520

Full baths: 2.0

Off-market date: 2/22/21

Taxes: $9,797

Financing: Conventional

Occupant Name: Occupied

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

Occupant Type: Owner

Foundation: Poured Concrete

Possession: Closing

Area: 510 - Mercer Island Subdivision: Library

High: Mercer Isl High

Features Appliances Included: Double Oven, Garbage Disposal, Range/Oven Architecture: NW Contemporary Basement: Daylight, Fully Finished Building Condition: Very Good Building Information: Built On Lot Energy Source: Natural Gas Exterior: Wood

Heating Cooling Type: Forced Air Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room Lot Details: Dead End Street, Paved Street

Parking Type: CarportAttached Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Flat, See Remarks Sewer Company: City of Mercer Island

Sewer Type: Sewer Connected Site Features: Cable TV, Deck, Gas Available, High Speed Internet, Patio Sq Ft Finished: 2980 Sq Ft Source: Realist Topography: Fruit Trees, Garden Space, Level, Sloped, Steep Slope, Terraces View: Lake, Mountain, Partial Water: Public


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Water Company: City of Mercer Island

Remarks EVERGREEN RETREAT!Beautiful home with gorgeous views and privacy.Built by Morley Hoarder architect.Spacious living room with stunning views.A view of Mt. Rainier and Lk WA. Updated Master bath.Master and office on main.Downstairs 3 beds and office that can be used as guest bdrm. Home features 2 fireplaces. Oversized bonus living space with unique fireplace and views.Membrane roof. New electrical panel. High school and library few blocks away.Landscaped yard, great patio, spacious lot. Quick access to I90


Comparative Market Analysis

4440 92nd Avenue SE $1,700,000 SOLD

2/22/21

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

4 Beds 2.50 Baths Year Built 1966

MLS #1717751

2,980 Sq. Ft.

($570 / sqft)

Days on market: 1


Comparative Market Analysis

4440 92nd Avenue SE

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1717751


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

4011 96th Avenue SE

Mercer Island, WA 98040

$1,599,000 PENDING

5 Beds 2.75 Baths Year Built 1969

3/30/21

MLS #1730535

3,420 Sq. Ft.

($468 / sqft)

Days on market: 6

Details Prop Type: Residential

3/4 Baths: 1.0

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

School District: Mercer Island

Lot Size: 11,085.0

Updated: Mar 30, 2021 10:33 AM

Garages: 2

List Price: $1,599,000

Middle: Islander Mid

List date: 3/24/21

Orig list price: $1,599,000

Elementary: Northwood Elem

Pending date: 3/30/21

List/Sqft: $468

High: Mercer Isl High

Taxes: $10,634

Full baths: 2.0

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

Occupant Type: Vacant

Sewer Type: Sewer Connected

Parking Type: CarportAttached

Site Features: Cable TV, Deck, Gas Available, Patio

Possession: Closing

Sq Ft Finished: 3420

Heating Cooling Type: 90%+ High Efficiency, Central A/C, Forced Air

Potential Terms: Cash Out, Conventional

Sq Ft Source: KCR

Power Company: PSE

Topography: Dune, Partial Slope

Roof: Composition

View: Lake, Mountain, Partial

Energy Source: Natural Gas

Interior Features: 2nd Kitchen

Water: Public

Exterior: Wood

Leased Equipment: None

Sewer Company: City of Mercer Island

Basement: Daylight, Fully Finished Building Condition: Good Building Information: Built On Lot

Floor Covering: Ceramic Tile, Concrete, Hardwood, Laminate Hardwood, Wall to Wall Carpet Foundation: Poured Concrete

Lot Details: Paved Street

Occupant Name: Vacant

Water Company: City of Mercer Island


Comparative Market Analysis

Water Heater Location: Basement

7634 85th Place Southeast, Mercer Island, Washington 98040

Water Heater Type: Gas

Remarks Nestled on a private road, this lovingly maintained home offers an open layout spanned by dramatic windows & sweeping views. Youll find all the right spaces for your lifestylewhether youre gathering around the fireplace in the great room, hosting BBQs on the wraparound deck with peek-a-boo lake views, or kicking back in the comfy family room. Cooking is a delight in the island-style kitchen with Dacor/SubZero appliances, slab stone surfaces & ample custom cabinets. 5 bedrooms provide plenty of flex space for an office, guests & hobbies. Step out to the great backyard with level lawn & fruit trees or stroll to schools & parks. Extras include new int paint, shop, built-in storage, new lower level flooring, A/C and generator.


Comparative Market Analysis

4011 96th Avenue SE $1,599,000 PENDING

3/30/21

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

5 Beds 2.75 Baths Year Built 1969

MLS #1730535

3,420 Sq. Ft.

($468 / sqft)

Days on market: 6


Comparative Market Analysis

4011 96th Avenue SE

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1730535


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

7875 85th Place SE $1,999,999 PENDING

MLS #1698290

Mercer Island, WA 98040

3 Beds 2.75 Baths Year Built 1974

3/24/21

2,880 Sq. Ft.

($694 / sqft)

Days on market: 96

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Half baths: 2.0

Updated: Mar 25, 2021 12:27 AM

County: King

Lot Size: 11,602.0

List Price: $1,999,999

Middle: Buyer To Verify

Garages: 2

Orig list price: $2,300,000

Elementary: Buyer To Verify

Style: 13 - Tri-Level

List date: 12/18/20

List/Sqft: $694

Full baths: 1.0

Pending date: 3/24/21

Taxes: $2,093

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

Occupant Type: Vacant

Foundation: See Remarks

Possession: Closing

Sq Ft Finished: 2880

Building Complex Or Project: Islewood Plat

Heating Cooling Type: Forced Air

Potential Terms: Cash Out, Conventional

Sq Ft Source: Realist-Buyer to verify

Building Information: Built On Lot

Interior Features: Dining Room

Power Company: Puget Sound Energy

Topography: Garden Space

Effective Year Built Source: Public Records

Roof: Composition

Energy Source: Electric

Lot Details: Cul-de-sac, Dead End Street, Value In Land

Water Company: Mercer Island

Exterior: Stucco

Lot Number: 11

Area: 510 - Mercer Island Subdivision: Mercer Island

High: Buyer To Verify

Features Appliances Included: See Remarks Basement: Daylight, Fully Finished

Occupant Name: Vacant

Parking Type: GarageDetached

Sewer Company: Mercer Island

Sewer Type: Sewer Connected Site Features: Patio

Water: Public


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Remarks Welcome Home to inviting warm MI charm! 1st time on the market in 1 of Mercer Islands best-kept secrets: a flat cul-desac neighborhood! Built by Gurel Architects w/ entertaining in mind! Large living room boasts wall of windows opening to greenery & a nice southern exposure. Spacious 1st floor primary w/ large walk-in closet. Upstairs wing boasts 2 more bedrooms & a full bath. Wonderful lower level for MIL, office, or playroom includes laundry/mudroom and a separate entrance for easy access to the beautiful courtyard! Kitchen & family room w/ a wood-burning fireplace bring peace & tranquility to your day or night! Steps from the wonderful lifestyle Mercer Island offers: biking, trails, Lakeridge, IMS, shopping, & more. Opportunity Abounds!


Comparative Market Analysis

7875 85th Place SE $1,999,999 PENDING

3/24/21

7634 85th Place Southeast, Mercer Island, Washington 98040

MLS #1698290

Mercer Island, WA 98040

3 Beds 2.75 Baths Year Built 1974

2,880 Sq. Ft.

($694 / sqft)

Days on market: 96


Comparative Market Analysis

7875 85th Place SE

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1698290


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

9004 SE 60th Street $1,815,000 PENDING INSPECTION

MLS #1742844

Mercer Island, 98040

3 Beds 2.50 Baths Year Built 1959

4/3/21

2,685 Sq. Ft.

($676 / sqft)

Days on market: 10

Details Prop Type: Residential

Full baths: 1.0

School District: Mercer Island

3/4 Baths: 2.0

Updated: Apr 3, 2021 8:17 AM

County: King

Lot Size: 14,163.0

List Price: $1,815,000

Middle: Islander Mid

List date: 3/24/21

Orig list price: $1,815,000

Elementary: Buyer To Verify

Pending Inspection date: 4/ 3/21

List/Sqft: $676

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

Building Information: Built On Lot

Possession: Closing

Architecture: NW Contemporary

Floor Covering: Ceramic Tile, Hardwood, Vinyl

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Security System, Vaulted Ceilings, Walk-in Closet

Roof: Torch Down

Basement: None

Foundation: Post & Pillar, Poured Concrete

Lot Details: Adjacent to Public Land, Paved Street

Area: 510 - Mercer Island Subdivision: Mid Island Style: 10 - 1 Story

High: Mercer Isl High

Taxes: $8,815

Features

Building Complex Or Project: Timberland No. 2 Building Condition: Very Good

Energy Source: Natural Gas Exterior: Brick, Wood

Heating Cooling Type: Forced Air

Lot Number: 1 Occupant Name: Owner Occupant Type: Owner Parking Type: Driveway Parking, Off Street

Potential Terms: Cash Out, Conventional Power Company: Puget Sound Energy Sewer Company: City of Mercer Island Sewer Type: Sewer Connected


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

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

Sq Ft Source: Realist/ Appraisal

Water Company: City of Mercer Island

Topography: Fruit Trees, Garden Space, Level

Water Heater Location: Master Bath/Hall

Sq Ft Finished: 2685

Water: Public

Water Heater Type: Gas and Electric

Remarks Charming Mid-Century Modern home provides a tranquil oasis to kick back and unwind. One level home designed by renowned architect Paul Kirk. Floor to ceiling windows provide a light and bright setting to take in the garden spaces in your large and private backyard. Vaulted ceilings, open floor plan, and large living and dining room spaces allow for peaceful relaxation. A large den is the perfect set up for your work-from-home office. The updated and modernized kitchen is the perfect place to try out that new recipe while entertaining friends. Spacious master suite provides an oasis for relaxation. Walk to Pioneer Park, South End Shopping, and Mercer Island Schools and Island Crest Park. Beautiful gardens and plantings.


Comparative Market Analysis

9004 SE 60th Street $1,815,000 PENDING INSPECTION

7634 85th Place Southeast, Mercer Island, Washington 98040

MLS #1742844

Mercer Island, 98040

3 Beds 2.50 Baths 4/3/21

Year Built 1959

2,685 Sq. Ft.

($676 / sqft)

Days on market: 10


Comparative Market Analysis

9004 SE 60th Street

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, 98040

MLS #1742844


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

7000 80th Avenue SE $1,798,000 ACTIVE

MLS #1746381

Mercer Island, 98040

4 Beds 3.00 Baths Year Built 1973

4/5/21

2,930 Sq. Ft.

($614 / sqft)

Days on market: 1

Details Prop Type: Residential

3/4 Baths: 2.0

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

School District: Mercer Island

Half baths: 1.0

Updated: Apr 5, 2021 10:51 AM

Lot Size: 13,154.0

List Price: $1,798,000

Middle: Islander Mid

Garages: 2

Orig list price: $1,798,000

Elementary: Lakeridge Elem

List date: 4/5/21

List/Sqft: $614

High: Mercer Isl High

Taxes: $11,423

Full baths: 1.0

Features Appliances Included: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer Architecture: NW Contemporary Basement: Daylight, Fully Finished Building Condition: Remodeled Building Information: Built On Lot

Energy Source: Natural Gas, Solar (Unspecified) Exterior: Wood Floor Covering: Ceramic Tile, Hardwood Foundation: Poured Concrete Heating Cooling Type: 90%+ High Efficiency, Forced Air

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace in Mstr BR, French Doors, Security System, Vaulted Ceilings, Walk In Pantry, Walk-in Closet Lot Details: Corner Lot, Paved Street Occupant Name: Vacant Occupant Type: Vacant Parking Type: GarageAttached

Possession: Closing Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Composition Sewer Company: City of Mercer Island Sewer Type: Sewer Connected Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Shop


Comparative Market Analysis

Sq Ft Finished: 2930 Sq Ft Source: Realist

7634 85th Place Southeast, Mercer Island, Washington 98040

Topography: Garden Space, Partial Slope Water: Public

Water Company: City of Mercer Island

Water Heater Location: Basement Water Heater Type: Gas

Remarks Have you been waiting for that special MidMod opportunity on MI? This is the one. Discover Mid-Century lines punctuated by a distinctly Northwest setting. Filled with light, the open floor plan encourages easy living, both for gatherings & everyday enjoyment. The open kitchen flows to the great room as well as the formal dining/living; perfect for entertaining. With nearly 3,000+ sq ft, the home lives large with vaulted ceilings & bedrooms that are spaced for privacy including a lovely primary suite with fireplace. Optional 5th bedroom/flex/guest space on the walk-out lower level. Beautiful indoor/outdoor living with multiple sets of doors to the deck & backyard. Stroll to Lakeridge Elementary, Islander Middle School & southend amenities.


Comparative Market Analysis

7000 80th Avenue SE $1,798,000 ACTIVE

4/5/21

7634 85th Place Southeast, Mercer Island, Washington 98040

MLS #1746381

Mercer Island, 98040

4 Beds 3.00 Baths Year Built 1973

2,930 Sq. Ft.

($614 / sqft)

Days on market: 1


Comparative Market Analysis

7000 80th Avenue SE

7634 85th Place Southeast, Mercer Island, Washington 98040 Mercer Island, 98040

MLS #1746381


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040


Analysis

Greg Rosenwald Compass


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Comparable Property Statistics S

7 Sold Listings LOWEST

$1,525,000

P

$1,654,286

HIGH

$1,736,700

AVG PRICE / SQFT

AVG DOM

$538

13

AVG PRICE / SQFT

AVG DOM

$613

37

AVG PRICE / SQFT

AVG DOM

$614

1

3 Pending Listings LOWEST

$1,599,000

A

AVERAGE

AVERAGE

$1,804,666

HIGH

$1,999,999

1 Active Listings LOWEST

$1,798,000

AVERAGE

$1,798,000

HIGH

$1,798,000


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Online Valuation Analysis

How accurate are Zestimates?

13.0%

$224,292

Zestimates varied up to 13.0% or $224,292 compared to actual MLS prices.

S

7 Sold

ADDRESS

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

6160 W Mercer Way

3/1/21

$1,525,000

$1,544,645

1.3%

7116 82nd Avenue SE

3/10/21

$1,712,300

$1,657,014

-3.2%

6211 Parkside Lane

3/19/21

$1,736,700

-

-

4515 Ferncroft Road

11/6/20

$1,656,000

$1,746,890

5.5%

6218 89th Avenue SE

3/19/21

$1,725,000

$1,949,292

13.0%

10/23/20

$1,525,000

$1,616,538

6.0%

2/22/21

$1,700,000

$1,724,573

1.4%

PRICE

ZESTIMATE

DIFFERENCE

4011 96th Avenue SE

$1,599,000

$1,609,451

0.7%

7875 85th Place SE

$1,999,999

$1,993,206

-0.3%

$1,815,000

$1,826,862

0.7%

PRICE

ZESTIMATE

DIFFERENCE

$1,798,000

$1,999,074

11.2%

8560 SE 82nd Street 4440 92nd Avenue SE

P

3 Pending

ADDRESS

9004 SE 60th Street

A

1 Active

ADDRESS

7000 80th Avenue SE


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Source: Zillow


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Sold Property Analysis

Averages

106.3%

13

Homes sold for an average of 106.3% of their list price.

It took an average of 13 days for a home to sell.

Days on market

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

6160 W Mercer Way

$1,600,000

$1,525,000

95.31%

66

$486

7116 82nd Avenue SE

$1,550,000

$1,712,300

110.47%

7

$596

6211 Parkside Lane

$1,695,000

$1,736,700

102.46%

6

$543

4515 Ferncroft Road

$1,550,000

$1,656,000

106.84%

4

$545

6218 89th Avenue SE

$1,499,995

$1,725,000

115.00%

2

$567

8560 SE 82nd Street

$1,500,000

$1,525,000

101.67%

5

$462

4440 92nd Avenue SE

$1,550,000

$1,700,000

109.68%

1

$570

$1,563,570

$1,654,286

105.80%

13

$538

Averages


Comparative Market Analysis

7634 85th Place Southeast, Mercer Island, Washington 98040

Suggested List Price

Analysis of the comparable properties suggests a list price range of:

$1,750,000 - $1,800,000 $577 / sqft - $594 / sqft

Comparable Averages per Status S

7 Sold

P

3 Pending

$1,654,286 $538 / sqft

$1,804,666 $613 / sqft

$1,654,286 $538 / sqft

$1,804,666 $613 / sqft

13 Days on Market

A

1 Active

$1,798,000 $614 / sqft 1 Days on Market

37 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.


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