Greg Rosenwald CMA | 7.28.2020

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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 • Coldwell Banker Bain 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

2447 64th 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

• 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

• 4237 89 Avenue Southeast

• 8376 SE 31st St

• 3502 96th Avenue Southeast

• 6216 E Mercer Way

• 7525 78 Avenue Southeast

• 8333 SE 68th St

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Your home at a glance 5 BEDROOMS

2090 SQ FT

2.25 BATHS

6000 LOT SQ FT

BUILT IN 1946


Facts and TrendsTM - Published July 2020* Location: Property Types: Price Range: Full Baths:

KING-PIERCE COUNTY, KING COUNTY, Mercer Island (510) Single Family Homes - All Property Statuses - All Properties - All Properties $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

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

Curnt vs. Prev Month Jun. 20

May. 20

For Sale

3591

3775

Sold

3755

Pended

4529

Curnt vs. Same Month 1 Yr Ago % Change

% Change

Curnt vs. Same Qtr 1 Yr Ago Apr. 20 to Jun. 20

Apr. 19 to Jun. 19

Jun. 20

Jun. 19

-4.9%

3591

6725

-46.6%

3591

6725

% Change -46.6%

2763

35.9%

3755

4307

-12.8%

9165

12093

-24.2%

3857

17.4%

4529

4199

7.9%

11025

12712

-13.3%

TODAY’S STATS Current vs. Prev MTD 7/1/20 - 7/27/20

6/1/20 - 6/27/20

For Sale

3597

3838

Sold

3255

Pended

4324

Current vs. Same MTD 1 Yr Ago % Change

7/1/20 - 7/27/20

7/1/19 - 7/27/19

-6.3%

3597

6485

3251

0.1%

3255

3901

10.8%

4324

% Change

Current vs. Prev YTD 1/1/20 - 7/27/20

1/1/19 - 7/27/19

-44.5%

3597

6485

% Change -44.5%

3531

-7.8%

20075

23010

-12.8%

3329

29.9%

23760

25000

-5%


Facts and TrendsTM - Published July 2020* Location: Property Types: Price Range: Full Baths:

KING-PIERCE COUNTY, KING COUNTY, Mercer Island (510) Single Family Homes - All Property Statuses - All Properties - All Properties $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

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

Curnt vs. Prev Month

Avg. Sq. Ft. Price (Sold)

Jun. 20

May. 20

335

315

Curnt vs. Same Month 1 Yr Ago % Change 6.3%

Jun. 20

Jun. 19

335

311

% Change 7.7%

Curnt vs. Same Qtr 1 Yr Ago Apr. 20 to Jun. 20

Apr. 19 to Jun. 19

325.5

312.48

% Change 4.2%

TODAY’S STATS Current vs. Prev MTD

Avg. Sq. Ft. Price (Sold)

7/1/20 - 7/27/20

6/1/20 - 6/27/20

330

335

Current vs. Same MTD 1 Yr Ago % Change -1.5%

7/1/20 - 7/27/20

7/1/19 - 7/27/19

330

304

% Change 8.6%

Current vs. Prev YTD 1/1/20 - 7/27/20

1/1/19 - 7/27/19

321

304

% Change 5.6%


Facts and TrendsTM - Published July 2020* Location: Property Types: Price Range: Full Baths:

KING-PIERCE COUNTY, KING COUNTY, Mercer Island (510) Single Family Homes - All Property Statuses - All Properties - All Properties $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

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

Curnt vs. Prev Month Jun. 20

May. 20

Avg CDOM

22

18

Sold/Orig LP Diff. %

100

99

Curnt vs. Same Month 1 Yr Ago % Change

Jun. 20

Jun. 19

22.2%

22

26

1%

100

99

Curnt vs. Same Qtr 1 Yr Ago Apr. 20 to Jun. 20

Apr. 19 to Jun. 19

-15.4%

20

30

-33.3%

1%

100

99

1%

% Change

% Change

TODAY’S STATS Current vs. Prev MTD 7/1/20 - 7/27/20

6/1/20 - 6/27/20

Avg CDOM

22

22

Sold/Orig LP Diff. %

100

100

Current vs. Same MTD 1 Yr Ago % Change

7/1/20 - 7/27/20

7/1/19 - 7/27/19

0%

22

26

0%

100

99

% Change

Current vs. Prev YTD 1/1/20 - 7/27/20

1/1/19 - 7/27/19

-15.4%

27

36

% Change -25%

1%

100

98

2%


Facts and TrendsTM - Published July 2020* Location: Property Types: Price Range: Full Baths:

KING-PIERCE COUNTY, KING COUNTY, Mercer Island (510) Single Family Homes - All Property Statuses - All Properties - All Properties $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

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

Curnt vs. Prev Month Jun. 20

May. 20

Avg. Active Price

1128

1050

Avg. Sold Price

735

666

Curnt vs. Same Month 1 Yr Ago % Change

Jun. 20

Jun. 19

7.4%

1128

985

10.4%

735

693

Curnt vs. Same Qtr 1 Yr Ago Apr. 20 to Jun. 20

Apr. 19 to Jun. 19

14.5%

1063

1005

5.8%

6.1%

704

692

1.7%

% Change

% Change

TODAY’S STATS Current vs. Prev MTD 7/1/20 - 7/27/20

6/1/20 - 6/27/20

Avg. Active Price

1111

1105

Avg. Sold Price

733

730

Current vs. Same MTD 1 Yr Ago % Change

7/1/20 - 7/27/20

7/1/19 - 7/27/19

0.5%

1111

984

0.4%

733

666

% Change

Current vs. Prev YTD 1/1/20 - 7/27/20

1/1/19 - 7/27/19

12.9%

1111

984

% Change 12.9%

10.1%

702

669

4.9%


Facts and TrendsTM - Published July 2020* Location: Property Types: Price Range: Full Baths:

KING-PIERCE COUNTY, KING COUNTY, Mercer Island (510) Single Family Homes - All Property Statuses - All Properties - All Properties $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

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

Curnt vs. Prev Month

Months of Inventory (Closed Sales)

Jun. 20

May. 20

1

1.4

Curnt vs. Same Month 1 Yr Ago % Change -29.3%

Jun. 20

Jun. 19

1

1.6

% Change -38.4%

Curnt vs. Same Qtr 1 Yr Ago Apr. 20 to Jun. 20

Apr. 19 to Jun. 19

1.2

1.5

% Change -19.9%

TODAY’S STATS Current vs. Prev MTD

Months of Inventory (Closed Sales)

7/1/20 - 7/27/20

6/1/20 - 6/27/20

1

1.1

Current vs. Same MTD 1 Yr Ago % Change -9.4%

7/1/20 - 7/27/20

7/1/19 - 7/27/19

1

1.6

% Change -37.5%

Current vs. Prev YTD 1/1/20 - 7/27/20

1/1/19 - 7/27/19

1.2

1.9

% Change -36.8%


Facts and TrendsTM - Published July 2020* Location: Property Types: Price Range: Full Baths:

KING-PIERCE COUNTY, KING COUNTY, Mercer Island (510) Single Family Homes - All Property Statuses - All Properties - All Properties $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

Date

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

1/20

2/20

3/20

4/20

5/20

6/20

For Sale

5161

6429

6725

6485

6365

6180

5345

4046

2830

2484

2555

3197

3593

3775

3591

New Listing

5030

6656

5247

4590

4271

4115

3524

2149

1583

2778

3432

4502

3323

4279

4691

Sold

3597

4189

4307

4245

4076

3327

3653

3126

3152

2161

2350

3027

2647

2763

3755

Pended

4098

4415

4199

3843

3582

3413

3356

2823

2023

2567

2850

3129

2639

3857

4529

Months of Inventory (Closed Sales)

1.4

1.5

1.6

1.5

1.6

1.9

1.5

1.3

0.9

1.1

1.1

1.1

1.4

1.4

1

Months of Inventory (Pended Sales)

1.3

1.5

1.6

1.7

1.8

1.8

1.6

1.4

1.4

1

0.9

1

1.4

1

0.8

Absorption Rate (Closed Sales) %

69.7

65.2

64

65.5

64

53.8

68.3

77.3

111.4

87

92

94.7

73.7

73.2

104.6

Absorption Rate (Pended Sales) %

79.4

68.7

62.4

59.3

56.3

55.2

62.8

69.8

71.5

103.3

111.5

97.9

73.4

102.2

126.1

Avg. Active Price

1040

998

985

984

960

981

997

1025

1058

1110

1104

1031

1011

1050

1128

Avg. Sold Price

677

704

693

670

662

648

664

665

688

624

692

723

700

666

735

Avg. Sq. Ft. Price (Sold)

309

317

311

304

300

293

303

302

307

292

313

327

323

315

335

Sold/List Diff. %

100

100

100

100

99

99

99

99

99

99

100

102

101

100

100

Sold/Orig LP Diff. %

99

99

99

98

98

97

97

97

97

97

99

101

101

99

100

Avg Days on Market

31

29

26

26

31

34

34

37

43

46

43

29

19

21

23

Avg CDOM

34

30

26

26

31

35

35

37

45

47

44

29

18

18

22

Median Sold Price

530

560

550

530

525

512

523

530

545

516

560

580

566

545

582

All reports are published July 2020, based on data available at the end of June 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.


2447 64th Ave Se, Mercer Island, WA 98040-2436, King County MLS Beds 5

Bldg Sq Ft 2,090

Lot Sq Ft 6,000

MLS Sale Price $665,000

MLS Baths 2.2

Yr Built 1946

Type SFR

MLS Sale Date 05/14/2010

OWNER INFORMATION

Owner Name (LN FN)

Jordan Christopher Scott

Tax Billing Zip+4

2436

Tax Billing Address

2447 64th Ave Se

Owner Vesting

Single Man

Tax Billing City & State

Mercer Island, WA

Owner Occupied

Yes

Tax Billing Zip

98040

LOCATION INFORMATION

Zip Code

98040

Neighborhood Code

034001-034001

Subdivision

Central Add To East Seattle

Carrier Route

C002

School District Name

Mercer Island

Zoning

R8.4

School District Code

400

Range/Township/Section/Quarter

04-24-11-NE

Census Tract

243.00

TAX INFORMATION

Tax-ID

148330-0515

% Improved

27%

Alt. Tax-ID

148330051506

Tax Area

1031

Parcel ID

1483300515

Legal Book/Page

7-13

Legal Description

CENTRAL ADD TO EAST SEATTLE PLAT BLOCK: 6 PLAT LOT: 16-17

ASSESSMENT & TAX

Assessment Year

2019 - Preliminary

2019

2018

2017

Assessed Value - Total

$926,000

$926,000

$926,000

$836,000

Assessed Value - Land

$680,000

$680,000

$680,000

$615,000

Assessed Value - Improved

$246,000

$246,000

$246,000

$221,000

Market Value - Total

$926,000

$926,000

$926,000

$836,000

Market Value - Land

$680,000

$680,000

$680,000

$615,000

Market Value - Improved

$246,000

$246,000

$246,000

$221,000

YOY Assessed Change ($)

$0

$0

$90,000

YOY Assessed Change (%)

0%

0%

10.77%

Total Tax

Tax Year

Change ($)

Change (%)

$6,137

2017

$7,261

2018

$1,124

18.32%

$6,969

2019

-$293

-4.03%

CHARACTERISTICS

Lot Acres

0.1377

MLS Total Baths

2.2

Lot Area

6,000

Full Baths

Tax: 2 MLS: 1

Land Use

SFR

Half Baths

1

County Land Use

Single Family(Res Use/Zone)

3/4 Baths

1

Year Built

1946

Fireplaces

2

Total Living Sq Ft

2,090

Condition

Good

Above Gnd Sq Ft

1,230

Quality

Average

Gross Area

2,090

Water Source

Public

Ground Floor Sq Ft

870

Sewer

Public Service

Basement Sq Feet

860

Heat Type

Forced Air

Finished Basement Area

860

Porch

Open Porch

Basement Type

Basement

Porch Type

Open Porch

Stories

Tax: 1.5 MLS: 2

Patio Type

Deck

Bedrooms

5

Patio/Deck 1 Area

230

Total Baths

Tax: 3 MLS: 2.2

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: 07/28/20 Page 1/3


SELL SCORE

Rating

Very High

Sell Score

860

Value As Of

2020-07-13 23:13:19

ESTIMATED VALUE

RealAVM™

$1,241,600

Confidence Score

57

RealAVM™ Range

$1,092,608 - $1,390,592

Forecast Standard Deviation

12

Value As Of

07/20/2020

(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

42072

Closing Price

$665,000

MLS Status

Sold

Closing Date

05/14/2010

MLS DOM

9

MLS Listing Agent

3733-Laura Reymore

MLS Status Change Date

05/14/2010

MLS Listing Broker

COLDWELL BANKER BAIN

MLS Listing Date

03/23/2010

MLS Selling Agent

44912-Greg Rosenwald

MLS List Price

$675,000

MLS Selling Broker

COLDWELL BANKER BAIN

MLS Orig. List Price

$675,000

LAST MARKET SALE & SALES HISTORY

Recording Date

05/14/2010

Auditor No

201005141462

Settle Date

Tax: 04/27/2010 MLS: 05/14/2010

Deed Type

Warranty Deed

Sale Price

$665,000

Owner Name (LN FN)

Jordan Christopher Scott

Price Per Square Feet

$318.18

Seller Name (LN FN)

Cartus Financial Corp

Recording Date

05/14/2010

05/14/2010

09/27/1999

10/20/1998

11/17/1995

Sale/Settlement Date

04/27/2010

04/27/2010

09/09/1999

09/25/1998

11/14/1995

Sale Price

$665,000

$665,000

$399,950

$79,974

$219,000

Buyer Name

Jordan Christopher S

Cartus Financial Corp

Bjornestad Hans & Juli eH

Brown Todd L & Molly E

Mac Lean James B & A nne

Bjornestad Julie H

Brown Molly E

Mac Lean Anne

Buyer Name 2 Seller Name

Cartus Financial Corp

Bjornestad Hans & Juli eH

Brown Todd L

Mac Lean James B & A nne

Mc Laughlin David L & Sally S

Auditor No

201005141462

201005141461

199909271591

199810202476

199511171314

Hist. Document No.

2441389

2441388

1712488

1645166

1457296

Document Type

Warranty Deed

Warranty Deed

Warranty Deed

Quit Claim Deed

Warranty Deed

Recording Date

06/01/1995

Sale/Settlement Date

05/25/1995

Sale Price

$239,000

Buyer Name

Mc Laughlin David L & Sally S

Buyer Name 2

Mc Laughlin Sally S

Seller Name

Motter Joan Q

Auditor No

199506010857

Hist. Document No.

1431226

Document Type

Warranty Deed

MORTGAGE HISTORY

Mortgage Date

02/26/2014

10/22/2012

06/13/2011

08/25/2010

05/14/2010

Mortgage Amount

$173,000

$506,000

$528,000

$34,000

$532,000

Mortgage Lender

Keybank Na

Cobalt Mtg Inc

Cobalt Mtg Inc

Keybank Nat'l

Cobalt Mtg Inc

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Date Property Details

11/06/2007

01/23/2006

04/06/2004

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: 07/28/20 Page 2/3


Mortgage Amount

$350,000

$150,000

$100,000

Mortgage Lender

Boeing Emps Cu

Boeing Emps Cu

Boeing Emps Cu

Mortgage Type

Conventional

Conventional

Conventional

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: 07/28/20 Page 3/3


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

BEDS

BATHS

2447 64th Ave SE

5

S = SOLD

P = PENDING

A = ACTIVE

SQFT

PRICE

2.25

2,090

-

1

Subject

2

1593090

S

3604 86th Avenue SE

4

3.00

2,390

$1,180,000

3

1553642

S

4049 90th Avenue SE

4

1.75

1,980

$960,000

4

1547820

S

8860 SE 72nd Place

4

2.25

2,060

$1,255,000

5

1578841

S

3915 86th Avenue SE

3

1.75

1,600

$1,216,375

6

1574886

S

4010 89th Avenue SE

3

2.25

1,660

$1,036,000

7

1593345

S

6415 SE 24th Street

3

1.75

2,140

$1,285,000

8

1613935

S

7719 SE 34th St

3

1.75

1,670

$1,098,000

9

1625928

P

8244 SE 36th Street

3

1.75

1,740

$1,160,000

10

1625689

P

7847 SE 40th Street

1

2.00

2,130

$899,000

11

1604387

A

9000 SE 40th Street

3

2.50

2,060

$1,050,000

12

1626541

A

4115 94th Avenue SE

3

2.25

1,970

$1,389,000

13

1625018

A

4028 82nd AVE SE

5

2.75

2,180

$1,378,000


Comparative Market Analysis

14

1636151

A

2447 64th Avenue Southeast, Mercer Island, Washington 98040

8028 SE Mitchell Street

3

2.25

1,790

$1,150,000


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3604 86th Avenue SE

6/17/20

4

3.00

2,390

$1,180,000

$494

4049 90th Avenue SE

2/28/20

4

1.75

1,980

$960,000

$485

8860 SE 72nd Place

3/20/20

4

2.25

2,060

$1,255,000

$609

3915 86th Avenue SE

6/5/20

3

1.75

1,600

$1,216,375

$760

4010 89th Avenue SE

4/17/20

3

2.25

1,660

$1,036,000

$624

6415 SE 24th Street

6/12/20

3

1.75

2,140

$1,285,000

$600

7719 SE 34th St

7/10/20

3

1.75

1,670

$1,098,000

$657

1,928

$1,147,196

$604

Averages

P

PENDING LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

8244 SE 36th Street

-

3

1.75

1,740

$1,160,000

$667

7847 SE 40th Street

-

1

2.00

2,130

$899,000

$422

1,935

$1,029,500

$544

Averages

A

ACTIVE LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

9000 SE 40th Street

-

3

2.50

2,060

$1,050,000

$510

4115 94th Avenue SE

-

3

2.25

1,970

$1,389,000

$705

4028 82nd AVE SE

-

5

2.75

2,180

$1,378,000

$632

8028 SE Mitchell Street

-

3

2.25

1,790

$1,150,000

$642

2,000

$1,241,750

$622

Averages


Listings

Greg Rosenwald Compass


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

3604 86th Avenue SE

Mercer Island, WA 98040

$1,180,000 SOLD

4 Beds 3.00 Baths Year Built 1951

6/17/20

MLS #1593090

2,390 Sq. Ft. ($494 / sqft) Days on market: 4

Details Prop Type: Residential

Full baths: 3.0

County: King Area: 510 - Mercer Island Subdivision: Madrona Crest Style: 12 - 2 Story

Taxes: $8,368

Lot Size: 11,422.0

Updated: Jun 17, 2020 5:59 AM

List date: 5/13/20

List Price: $1,199,000

High: Mercer Isl High

Sold date: 6/17/20

Orig list price: $1,199,000

Middle: Islander Mid

Off-market date: 6/17/20

List/Sqft: $502

Elementary: Buyer To Verify

Energy Source: Electric, Natural Gas

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Solarium/ Atrium, Walk In Pantry, Walk-in Closet

Potential Terms: Cash Out, Conventional, FHA, VA

School District: Mercer Island

Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator, Washer Architecture: Contemporary Basement: None Building Complex Or Project: Madrona Crest Addition

Exterior: Brick, Wood Financing: Conventional Floor Covering: Hardwood, Laminate, Vinyl, Wall to Wall Carpet

Lot Details: Open Space, Paved Street, Value In Land

Power Company: PSE Roof: Composition Sewer Company: City of Mercer Island Sewer Type: Available

Building Condition: Average

Foundation: Poured Concrete

Lot Number: 43

Building Information: Built On Lot

Heating Cooling Type: Forced Air, Wall

Occupant Type: Vacant

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

Parking Type: Off Street

Sq Ft Finished: 2390

Possession: Closing, Negotiable

Sq Ft Source: King County Records

Effective Year Built Source: Public Records

Occupant Name: VACANT


Comparative Market Analysis

Topography: Brush, Fruit Trees, Garden Space, Level View: See Remarks, Territorial

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Water: Public Water Company: City of Mercer Island

Water Heater Location: Utility Room Water Heater Type: Gas Waterfront: Creek

Remarks Be outside all year! 330 SF all glass sun/family room makes this MI home 2390 SF! Backs to green belt for privacy & expansive territorial view. Enjoy the large deck & level yard with flowering & fruit trees. 3 beds & 2 full baths on main. 4th bedroom, full bath, bonus room & deck upstairs could be MIL or rental. New roof, skylights, gutters & int paint. Master bath updated. Award winning MI School Dist. Easy walk to comm schools, pool, parks, library & bus. North island loc, easy I-90 access.


Comparative Market Analysis

3604 86th Avenue SE $1,180,000 SOLD

6/17/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

4 Beds 3.00 Baths Year Built 1951

MLS #1593090

2,390 Sq. Ft. ($494 / sqft) Days on market: 4


Comparative Market Analysis

3604 86th Avenue SE

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1593090


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

4049 90th Avenue SE

Mercer Island, WA 98040

$960,000 SOLD

4 Beds 1.75 Baths Year Built 1955

2/28/20

MLS #1553642

1,980 Sq. Ft.

($485 / sqft)

Days on market: 5

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Lot Size: 7,644.0

Updated: Mar 12, 2020 10:44 AM

County: King

Garages: 1

List Price: $900,000

Middle: Islander Mid

List date: 1/30/20

Orig list price: $900,000

Elementary: Northwood Elem

Style: 13 - Tri-Level

Sold date: 2/28/20

List/Sqft: $455

Full baths: 1.0

Off-market date: 2/28/20

Taxes: $6,450

Energy Source: Natural Gas, Wood

Interior Features: Dbl Pane/ Storm Windw, Dining Room, French Doors, Skylights, Vaulted Ceilings

Potential Terms: Cash Out, Conventional

Lot Details: Dead End Street, Paved Street

Roof: Torch Down

Area: 510 - Mercer Island Subdivision: Mercer Island

High: Mercer Isl High

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

Exterior: Wood Financing: Conventional

Basement: Daylight, Fully Finished

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

Building Information: Built On Lot

Foundation: Poured Concrete, Slab

Effective Year Built Source: Public Records

Heating Cooling Type: Forced Air

Occupant Name: Vacant Occupant Type: Vacant Parking Type: CarportAttached, Off Street Possession: Closing, Negotiable

Power Company: Puget Sound Energy Sewer Company: Mercer Island Sewer Type: Sewer Connected Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio


Comparative Market Analysis

Sq Ft Finished: 1980 Sq Ft Source: Realist

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Topography: Fruit Trees, Garden Space, Level, Partial Slope

Water: Public Water Company: Mercer Island

Water Heater Location: Crawl Space Water Heater Type: Electric

Remarks Mercer Island Majesty! Nestled on peaceful North Mercer Island, this Paul Kirk designed home features 4 bed, 1.75 bath. It showcases a bright & open floor plan. Chef's kitchen features separate eating area, stainless appliances, & a double oven. The large master suite boasts an impressive layout. Vaulted ceilings & large french doors allow tons of sunlight & draw you to the private back yard with covered deck & piped barbecue, perfect for entertaining. Detached studio. Welcome home!


Comparative Market Analysis

4049 90th Avenue SE $960,000 SOLD

2/28/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

4 Beds 1.75 Baths Year Built 1955

MLS #1553642

1,980 Sq. Ft.

($485 / sqft)

Days on market: 5


Comparative Market Analysis

4049 90th Avenue SE

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1553642


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

8860 SE 72nd Place $1,255,000 SOLD

MLS #1547820

Mercer Island, WA 98040

4 Beds 2.25 Baths Year Built 1964

3/20/20

2,060 Sq. Ft.

($609 / sqft)

Days on market: 11

Details Prop Type: Residential

3/4 Baths: 1.0

Sold date: 3/20/20

List/Sqft: $607

County: King

Half baths: 1.0

Off-market date: 3/20/20

Taxes: $8,319

Area: 510 - Mercer Island

Lot Dim: 141' x 80'

School District: Mercer Island

Subdivision: Tarywood

Lot Size: 9,787.0

Updated: Mar 24, 2020 6:37 AM

Garages: 2

List Price: $1,250,000

Middle: Islander Mid

List date: 2/4/20

Orig list price: $1,250,000

Elementary: Lakeridge Elem

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

Financing: Conventional

Lot Number: 8

Floor Covering: Hardwood, Laminate, Slate, Vinyl, Wall to Wall Carpet

Occupant Name: Vacant

Sewer Company: City of Mercer Island

Architecture: Craftsman Basement: None

Foundation: Poured Concrete

Building Complex Or Project: Tarywood Estates

Heating Cooling Type: Forced Air

Building Information: Built On Lot

Interior Features: Dining Room

Energy Source: Electric, Natural Gas

Leased Equipment: None

Style: 12 - 2 Story Full baths: 1.0

High: Mercer Isl High

Features

Exterior: Wood

Lot Details: Paved Street

Occupant Type: Vacant Parking Type: GarageAttached Possession: Closing

Sewer Type: Sewer Connected Site Features: Cable TV, Fenced-Partially, Gas Available, Patio

Potential Terms: Cash Out, Conventional

Sq Ft Finished: 2060

Power Company: Puget Sound Energy

Topography: Level

Roof: Composition

Sq Ft Source: KCR Water: Community


Comparative Market Analysis

Water Company: City of Mercer Island

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Water Heater Location: Under stairs

Water Heater Type: Electric

Remarks Find peace & privacy in this beautiful 2-story nestled by Pioneer Park! Its layout is ideal for entertaining-gather around the fireside in the living room, comfortably host a crowd in the dining room, or cook with delight on new stainless appliances in the eat in kitchen. All 4 bedrooms are tucked upstairs together, including a generous master with dual closets & en-suite bath. Enjoy the scenery from the large, level yard with patio. Stroll to top-rated schools, dining, shopping, & STARBUCKS!


Comparative Market Analysis

8860 SE 72nd Place $1,255,000 SOLD

3/20/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040

MLS #1547820

Mercer Island, WA 98040

4 Beds 2.25 Baths Year Built 1964

2,060 Sq. Ft.

($609 / sqft)

Days on market: 11


Comparative Market Analysis

8860 SE 72nd Place

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1547820


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

3915 86th Avenue SE

Mercer Island, WA 98040

$1,216,375 SOLD

3 Beds 1.75 Baths Year Built 1952

6/5/20

MLS #1578841

1,600 Sq. Ft.

($760 / sqft)

Days on market: 2

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Lot Size: 9,638.0

Updated: Jun 5, 2020 10:28 AM

County: King

Garages: 1

List Price: $1,149,000

Middle: Islander Mid

List date: 5/6/20

Orig list price: $1,149,000

Elementary: Lakeridge Elem

Style: 10 - 1 Story

Sold date: 6/5/20

List/Sqft: $718

Full baths: 1.0

Off-market date: 6/5/20

Taxes: $7,003

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

Energy Source: Electric, Natural Gas

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Fireplace in Mstr BR, French Doors

Basement: None

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

Area: 510 - Mercer Island Subdivision: Madrona Crest

High: Mercer Isl High

Features

Building Condition: Very Good Building Information: Built On Lot Effective Year Built Source: Public Records

Exterior: Wood Financing: Conventional

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

Power Company: PSE Roof: Composition Sewer Company: Mercer island Sewer Type: Sewer Connected

Foundation: Poured Concrete

Parking Type: GarageAttached

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

Heating Cooling Type: Forced Air

Possession: Closing

Sq Ft Finished: 1600

Potential Terms: Cash Out, Conventional

Sq Ft Source: KCR


Comparative Market Analysis

Topography: Fruit Trees, Garden Space, Level View: Territorial

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Water: Public Water Company: Mercer island

Water Heater Location: garage Water Heater Type: gas

Remarks Rare rambler on a quiet & wide street, at the most preferred location, walk to Mary Wayte Pool, Northwood Elem, Mercer High, & parks. Lovely updated inside and out. Expansive fenced flat yard with deck and play-set. The kitchen includes double ovens, gas range, SS appliances. Upgraded bathroom. Hardwood floor. 3 fireplaces. Attached garage. Great north end neighborhood. Sprinkler system. New paint. New landscaping. 3D, Pre-inspected & move in ready! Start your dream life on the beautiful Island.


Comparative Market Analysis

3915 86th Avenue SE $1,216,375 SOLD

6/5/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

3 Beds 1.75 Baths Year Built 1952

MLS #1578841

1,600 Sq. Ft.

($760 / sqft)

Days on market: 2


Comparative Market Analysis

3915 86th Avenue SE

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1578841


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

4010 89th Avenue SE

Mercer Island, WA 98040

$1,036,000 SOLD

3 Beds 2.25 Baths Year Built 1955

4/17/20

MLS #1574886

1,660 Sq. Ft.

($624 / sqft)

Days on market: 4

Details Prop Type: Residential

3/4 Baths: 1.0

Off-market date: 4/17/20

Taxes: $6,458

County: King

Half baths: 1.0

School District: Mercer Island

Area: 510 - Mercer Island

Lot Size: 6,750.0

Updated: Apr 17, 2020 5:25 AM

Garages: 2

List Price: $899,000

Middle: Islander Mid

List date: 3/12/20

Orig list price: $899,000

Elementary: Northwood Elem

Sold date: 4/17/20

List/Sqft: $542

Financing: Conventional

Lot Details: Dead End Street, Paved Street

Sewer Company: City of Mercer Island

Occupant Name: vacant

Sewer Type: Sewer Connected

Subdivision: Mid Island Style: 10 - 1 Story Full baths: 1.0

High: Mercer Isl High

Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator, Washer Architecture: Traditional Basement: Partially Finished Building Condition: Good Building Information: Built On Lot Energy Source: Electric, Natural Gas Exterior: Wood

Floor Covering: Hardwood, Vinyl Foundation: Poured Concrete Heating Cooling Type: Central A/C, Forced Air Interior Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/ Storm Windw, Dining Room, Skylights, Vaulted Ceilings, Walk-in Closet

Occupant Type: Vacant Parking Type: GarageDetached Possession: Closing Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Torch Down

Site Features: Cable TV, Deck, Fenced-Partially, Outbuildings Sq Ft Finished: 1660 Sq Ft Source: King County Topography: Garden Space, Partial Slope Water: Public


Comparative Market Analysis

Water Company: City of Mercer Island

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Water Heater Location: closet

Water Heater Type: gas

Remarks Classic mid-century modern in desirable north Mercer! Convenient one level living features 3 bedrooms, 2.25 baths. Spacious kitchen opens to the dining & family room. Inviting living room off the entry with cozy gas fireplace. Hardwood floors throughout. Large windows make for a sunlit interior. Attached 2 car garage, spacious storage shed & private, fully fenced yard. Outstanding schools, steps to Mercer High. Easy access to shopping & conveniences. Excellent commuter location. Welcome home!


Comparative Market Analysis

4010 89th Avenue SE $1,036,000 SOLD

4/17/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

3 Beds 2.25 Baths Year Built 1955

MLS #1574886

1,660 Sq. Ft.

($624 / sqft)

Days on market: 4


Comparative Market Analysis

4010 89th Avenue SE

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1574886


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

6415 SE 24th Street $1,285,000 SOLD

MLS #1593345

Mercer Island, WA 98040

3 Beds 1.75 Baths Year Built 1929

6/12/20

2,140 Sq. Ft.

($600 / sqft)

Days on market: 2

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Lot Size: 13,200.0

Updated: Jun 12, 2020 5:46 AM

County: King

Garages: 2

List Price: $1,285,000

Middle: Islander Mid

List date: 4/24/20

Orig list price: $1,285,000

Style: 16 - 1 Story w/Bsmnt.

Sold date: 6/12/20

List/Sqft: $600

Elementary: West Mercer Elem

Full baths: 1.0

Off-market date: 6/12/20

Taxes: $1,752

Exterior: Wood

Occupant Name: Brian

Financing: VA

Occupant Type: Owner

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

Parking Type: CarportDetached

Building Condition: Average

Foundation: Poured Concrete

Potential Terms: Cash Out, Conventional

Building Information: Built On Lot

Heating Cooling Type: Forced Air

Power Company: Puget Sound Energy

Effective Year Built Source: Public Records

Interior Features: Dining Room

Roof: Composition

Topography: Fruit Trees, Garden Space, Level, Rolling

Energy Source: Oil

Lot Details: Corner Lot, Paved Street

Sewer Company: City of Mercer Island

View: City, Lake, Mountain

Area: 510 - Mercer Island Subdivision: East Seattle

High: Mercer Isl High

Features Appliances Included: Dishwasher, Dryer, Range/ Oven, Refrigerator, Washer Architecture: Craftsman Basement: Daylight, Partially Finished

Possession: Closing

Sewer Type: Sewer Connected Site Features: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking, Shop Sq Ft Finished: 2140 Sq Ft Source: realist

Water: Public


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Water Company: City of Mercer Island

Remarks Oh so charming vintage home located in the East Seattle neighborhood of Mercer Island. Built rock-solid with original details intact. Sitting pretty with a covered front porch entry, 10 foot ceilings, original picture molding, built in corner cabinets, & all the charm of yesteryear not often found on the island. Western view of Lake Washington & the city of Seattle is protected. Hdwds under carpet.Super sweet, quality house & with your personal touches will make this property an absolute gem.


Comparative Market Analysis

6415 SE 24th Street $1,285,000 SOLD

6/12/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040

MLS #1593345

Mercer Island, WA 98040

3 Beds 1.75 Baths Year Built 1929

2,140 Sq. Ft.

($600 / sqft)

Days on market: 2


Comparative Market Analysis

6415 SE 24th Street

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1593345


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

7719 SE 34th St

2447 64th Avenue Southeast, Mercer Island, Washington 98040

$1,098,000 SOLD

MLS #1613935

Mercer Island, WA 98040

3 Beds 1.75 Baths Year Built 1959

7/10/20

1,670 Sq. Ft.

($657 / sqft)

Days on market: 1

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Lot Size: 8,621.0

Updated: Jul 12, 2020 4:05 AM

County: King

Garages: 2

List Price: $1,098,000

Middle: Islander Mid

List date: 6/20/20

Orig list price: $1,098,000

Style: 10 - 1 Story

Sold date: 7/10/20

List/Sqft: $657

Elementary: West Mercer Elem

Full baths: 1.0

Off-market date: 7/10/20

Taxes: $4,774

Energy Source: Natural Gas

Lot Details: Paved Street

Roof: Composition

Exterior: Wood

Lot Number: 1

Financing: Conventional

Occupant Name: Vacant

Sewer Type: Sewer Connected

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

Occupant Type: Vacant

Heating Cooling Type: Forced Air

Possession: Closing

Sq Ft Source: Realist

Building Condition: Good Building Information: Built On Lot

Interior Features: Bath Off Master, Dining Room

Potential Terms: Cash Out, Conventional

Topography: Garden Space, Level

Area: 510 - Mercer Island Subdivision: Mercer Island

High: Mercer Isl High

Features Appliances Included: Dishwasher, Dryer, Range/ Oven, Refrigerator, Washer Architecture: Contemporary Basement: None Building Complex Or Project: Mercerdale

Parking Type: GarageAttached

Site Features: Fenced-Fully, Patio Sq Ft Finished: 1670

Water: Public


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Remarks Steady & Strong in Mercerdale! A constant & familiar force is well established here. Strategically set at the north end, town center core, with main level living, 3 bedrooms, bold hardwoods & walls of windows. Stretch out & enjoy the transition between the large living & family room areas & private, sunny, flat, fully fenced yard. Share in the community park play structures nearby. Enjoy the substantial character of this long standing home or re-imagine the endless possibilities. Sold ( as-is )


Comparative Market Analysis

7719 SE 34th St $1,098,000 SOLD

7/10/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040

MLS #1613935

Mercer Island, WA 98040

3 Beds 1.75 Baths Year Built 1959

1,670 Sq. Ft.

($657 / sqft)

Days on market: 1


Comparative Market Analysis

7719 SE 34th St

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1613935


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

8244 SE 36th Street $1,160,000 PENDING

MLS #1625928

Mercer Island, WA 98040

3 Beds 1.75 Baths Year Built 1963

7/17/20

1,740 Sq. Ft.

($667 / sqft)

Days on market: 7

Details Prop Type: Residential

3/4 Baths: 1.0

School District: Mercer Island

Lot Dim: 10,428

Updated: Jul 17, 2020 11:42 AM

County: King

Lot Size: 10,428.0

List Price: $1,160,000

Middle: Islander Mid

Garages: 2

Orig list price: $1,160,000

Elementary: Island Park Elem

Style: 10 - 1 Story

List date: 7/10/20

List/Sqft: $667

Full baths: 1.0

Pending date: 7/17/20

Taxes: $7,014

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

Floor Covering: Engineered Hardwood

Parking Type: GarageAttached

Site Features: Cable TV, Fenced-Partially, Patio

Foundation: Poured Concrete

Possession: Closing

Sq Ft Finished: 1740

Basement: None

Potential Terms: Cash Out, Conventional

Sq Ft Source: Realist

Building Condition: Good

Heating Cooling Type: Forced Air

Building Information: Built On Lot Effective Year Built Source: Public Records

Area: 510 - Mercer Island Subdivision: North End

High: Mercer Isl High

Features

Energy Source: Electric Exterior: Brick, Wood, Wood Products

Power Company: PSE

Topography: Garden Space, Level

Interior Features: Bath Off Master, Dining Room

Rent: 3000

View: Territorial

Lot Details: Dead End Street, Paved Street, Secluded, Sidewalk

Roof: Composition

Water: Public

Sewer Company: City of Mercer Island

Water Company: City of Mercer Island

Sewer Type: Sewer Connected

Water Heater Location: Garage

Occupant Name: Vacant Occupant Type: Vacant


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Remarks Beautiful north end rambler in the heart of Mercer Island, this home sits in Large level lot, features 3 bedrooms/2 baths, hardwood floors throughout. Spacious, Open concept with clean line and simple layout with Plenty of light. This serene home is situation on a quiet street with convenience of close to the city with privacy of living in suburbs. This home is move in ready and close to everything including award winning schools.Fantastic opportunity! Welcome home.


Comparative Market Analysis

8244 SE 36th Street $1,160,000 PENDING

7/17/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040

MLS #1625928

Mercer Island, WA 98040

3 Beds 1.75 Baths Year Built 1963

1,740 Sq. Ft.

($667 / sqft)

Days on market: 7


Comparative Market Analysis

8244 SE 36th Street

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1625928


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

7847 SE 40th Street $899,000 PENDING

MLS #1625689

Mercer Island, WA 98040

1 Bed 2.00 Baths Year Built 1951

7/9/20

2,130 Sq. Ft.

($422 / sqft)

Days on market: 2

Details Prop Type: Residential

Lot Size: 14,464.0

Orig list price: $899,000

Elementary: West Mercer Elem

County: King

List date: 7/7/20

List/Sqft: $422

Area: 510 - Mercer Island

Pending date: 7/9/20

Taxes: $7,358

Subdivision: North End

School District: Mercer Island

Style: 16 - 1 Story w/Bsmnt.

Updated: Jul 13, 2020 3:57 AM

Full baths: 2.0

List Price: $899,000

Middle: Islander Mid

Floor Covering: Concrete, Hardwood, Laminate

Occupant Type: Vacant

Sq Ft Finished: 2130

Parking Type: None

Foundation: Concrete Block, Slab

Possession: Closing

Sq Ft Source: King County Records

Potential Terms: Cash Out, Conventional, Rehab Loan

Topography: Fruit Trees, Garden Space, Level

Power Company: PSE

Water: Public

Roof: Composition

Water Company: City of Mercer Island

High: Mercer Isl High

Features Appliances Included: Dishwasher, Range/Oven, Refrigerator Basement: Daylight Building Condition: Fixer Building Information: Built On Lot Effective Year Built Source: Public Records Energy Source: Natural Gas Exterior: Brick

Heating Cooling Type: Forced Air Interior Features: Dining Room, French Doors Leased Equipment: none Lot Details: Dead End Street, Paved Street, Value In Land Occupant Name: vacant

Sewer Company: City of Mercer Island Sewer Type: Sewer Connected Site Features: Deck

Water Heater Location: basement Water Heater Type: gas


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Remarks This gem is tucked down a hidden lane, AMAZING location, close to all the good things MI has to offer; so close to award winning schools, multiple parks, downtown shops & restaurants. Huge potential to update and live in this wellloved, charming home or bring your vision to make this your own. Main floor bedroom and den, huge family room with natural light and fireplace, tons of space downstairs. On this oversized lot is a gardeners delight with hidden paths waiting to be discovered.


Comparative Market Analysis

7847 SE 40th Street $899,000 PENDING

7/9/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040

MLS #1625689

Mercer Island, WA 98040

1 Bed 2.00 Baths Year Built 1951

2,130 Sq. Ft.

($422 / sqft)

Days on market: 2


Comparative Market Analysis

7847 SE 40th Street

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1625689


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

9000 SE 40th Street $1,050,000 ACTIVE

MLS #1604387

Mercer Island, WA 98040

3 Beds 2.50 Baths Year Built 1968

5/21/20

2,060 Sq. Ft.

($510 / sqft)

Days on market: 68

Details Prop Type: Residential

Full baths: 1.0

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

Taxes: $6,624

3/4 Baths: 2.0

Updated: Jun 30, 2020 11:49 AM

Lot Size: 9,159.0

List Price: $1,050,000

High: Buyer To Verify

Garages: 2

Orig list price: $999,999

Middle: Buyer To Verify

List date: 5/21/20

List/Sqft: $510

Elementary: Buyer To Verify

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

Occupant Type: Vacant Parking Type: GarageAttached

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

Foundation: Poured Concrete

Possession: Closing

Sq Ft Finished: 2060

Potential Terms: Cash Out, Conventional

Sq Ft Source: KingCo Records

Power Company: Puget Sound Energy

Topography: Partial Slope

Roof: Composition

Water Company: City of Mercer Island

School District: Mercer Island

Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator, Washer Basement: Daylight, Fully Finished Building Complex Or Project: Shorewood Heights Building Information: Built On Lot Energy Source: Oil Exterior: Wood

Heating Cooling Type: Forced Air Interior Features: Bath Off Master, Dbl Pane/Storm Windw Lot Details: Corner Lot, Paved Street, Sidewalk

Sewer Company: City of Mercer Island

Lot Number: 1

Sewer Type: Sewer Connected

Occupant Name: Vacant

Water: Public

Water Heater Location: Basement Water Heater Type: Electric


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Remarks Located at the coveted north end of Mercer Island, this quaint 2,060 sqft 3 bedroom, 3 bath home sits on a 9000+ sq ft corner lot. Multiple updates, including kitchen and baths, quartz countertops & SS appliances. Quick access to the freeway makes Amazon or Microsoft an easy commute. Hardwood floors throughout upstairs. Ground floor bonus is a giant oasis w/ outside & inside entry; walking distance to top schools! Beautiful home to live in now or build your larger dream home.


Comparative Market Analysis

9000 SE 40th Street $1,050,000 ACTIVE

5/21/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040

MLS #1604387

Mercer Island, WA 98040

3 Beds 2.50 Baths Year Built 1968

2,060 Sq. Ft.

($510 / sqft)

Days on market: 68


Comparative Market Analysis

9000 SE 40th Street

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1604387


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

4115 94th Avenue SE $1,389,000 ACTIVE

MLS #1626541

Mercer Island, WA 98040

3 Beds 2.25 Baths Year Built 1957

7/24/20

1,970 Sq. Ft.

($705 / sqft)

Days on market: 4

Details Prop Type: Residential

3/4 Baths: 1.0

County: King Area: 510 - Mercer Island Subdivision: Mercer Island Style: 10 - 1 Story

School District: Mercer Island

Half baths: 1.0

Updated: Jul 27, 2020 5:02 AM

Lot Size: 8,861.0

List Price: $1,389,000

Middle: Islander Mid

Garages: 2

Orig list price: $1,389,000

Elementary: Northwood Elem

List date: 7/24/20

List/Sqft: $705

High: Mercer Isl High

Taxes: $7,269

Full baths: 1.0

Features Appliances Included: Dishwasher, Range/Oven, Refrigerator

Exterior: Brick, Wood

Lot Details: Paved Street Occupant Name: Vacant

Basement: None

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

Building Condition: Remodeled

Heating Cooling Type: 90%+ High Efficiency, Radiant

Building Information: Built On Lot

Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Jetted Tub, Skylights, Vaulted Ceilings

Community Features: CCRs Energy Source: Natural Gas

Occupant Type: Vacant Parking Type: GarageAttached, Off Street Possession: Closing Potential Terms: Cash Out, Conventional Roof: Composition

Sewer Type: Sewer Connected Site Features: FencedPartially, Gas Available, Patio Sq Ft Finished: 1970 Sq Ft Source: Realist Topography: Garden Space, Level Water: Public


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Remarks Stylish North-end Mercer Island rambler. Thoughtfully executed design blends flawlessly w airy/inviting spaces. Contemporary kitchen fit for the savviest of chefs while allowing easy entertaining. Sizeable back yard offers manicured lawn & covered patio. Master retreat w barn door to lavish ensuite including double vanities & walk-in shower. Spacious guest room can double as a generous sized WFH office. Attached garage w storage space. Convenient location- close to schools, parks DT MI & I-90.


Comparative Market Analysis

4115 94th Avenue SE $1,389,000 ACTIVE

7/24/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040

MLS #1626541

Mercer Island, WA 98040

3 Beds 2.25 Baths Year Built 1957

1,970 Sq. Ft.

($705 / sqft)

Days on market: 4


Comparative Market Analysis

4115 94th Avenue SE

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1626541


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

4028 82nd AVE SE $1,378,000 ACTIVE

MLS #1625018

Mercer Island, WA 98040

5 Beds 2.75 Baths Year Built 1977

7/7/20

2,180 Sq. Ft.

($632 / sqft)

Days on market: 21

Details Prop Type: Residential

3/4 Baths: 1.0

List Price: $1,378,000

Middle: Islander Mid

County: King

Lot Size: 11,126.0

Orig list price: $1,398,000

Area: 510 - Mercer Island

Garages: 2

List/Sqft: $632

Elementary: West Mercer Elem

Subdivision: Mercer Island

List date: 7/7/20

Taxes: $7,599

Style: 14 - Split Entry

Updated: Jul 22, 2020 10:45 AM

School District: Mercer Island

Energy Source: Natural Gas Floor Covering: Laminate, Slate, Wall to Wall Carpet

Interior Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Jetted Tub, Security System

Foundation: Poured Concrete

Leased Equipment: Hot Water Tank

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

Lot Details: Adjacent to Public Land, Dead End Street, Paved Street

Full baths: 2.0

High: Mercer Isl High

Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer Architecture: NW Contemporary Basement: Daylight, Fully Finished Building Condition: Good Building Information: Built On Lot, Detached Effective Year Built Source: Public Records

Exterior: Wood

Occupant Name: James and Christina Occupant Type: Owner

Parking Type: GarageAttached, Off Street Pool Type: In-Ground 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

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Sewer Type: Sewer Connected

Sq Ft Finished: 2180

Water: Public

Sq Ft Source: KCR

Site Features: Cable TV, Deck, Dog Run, Fenced-Fully, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, RV Parking

Topography: Brush, Fruit Trees, Garden Space, Level, Partial Slope

Water Company: City of Mercer Island

View: Territorial

Water Heater Location: Laundry Room Water Heater Type: gas

Remarks Play all day! Never hear the words, "I'm bored" again. Take a dip in the heated pool, soak in the hot tub, swing or climb on the play structure or the level grassy yard, grill and entertain on your patio and deck. RV hookup and boat parking. Raised Garden Beds. Fully fenced. Just across from Homestead Field (soccer and tennis), this 5 bd/3 bath home boasts all the elements of the perfect "staycation". Very close to downtown MI, schools, I-90. A/C. $242,000 in improvements. Ask Realtor for list.


Comparative Market Analysis

4028 82nd AVE SE $1,378,000 ACTIVE

7/7/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040

MLS #1625018

Mercer Island, WA 98040

5 Beds 2.75 Baths Year Built 1977

2,180 Sq. Ft.

($632 / sqft)

Days on market: 21


Comparative Market Analysis

4028 82nd AVE SE

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1625018


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

8028 SE Mitchell Street $1,150,000 ACTIVE

MLS #1636151

Mercer Island, WA 98040

3 Beds 2.25 Baths Year Built 1948

7/24/20

1,790 Sq. Ft.

($642 / sqft)

Days on market: 4

Details Prop Type: Residential

Style: 16 - 1 Story w/Bsmnt.

List/Sqft: $642

3/4 Baths: 3.0

Updated: Jul 24, 2020 10:34 AM

County: King

Lot Size: 5,666.0

List Price: $1,150,000

School District: Mercer Island

List date: 7/24/20

Orig list price: $1,150,000

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

Foundation: Poured Concrete

Potential Terms: Cash Out, Conventional

Heating Cooling Type: Forced Air

Power Company: PSE

Topography: Brush, Garden Space, Pasture, Terraces, Wooded

Roof: Composition

View: Partial

Architecture: Craftsman

Sewer Company: City of Mercer Island

Water: Community

Building Condition: Remodeled

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

Building Information: Built On Lot

Lot Details: Dead End Street, Paved Street

Energy Source: Natural Gas

Occupant Name: Vacant and Staged

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

Occupant Type: Vacant

Sq Ft Finished: 1790

Parking Type: Off Street

Sq Ft Source: Realist

Area: 510 - Mercer Island Subdivision: Groveland

Taxes: $6,229

Features

Basement: Daylight

Exterior: Wood Products Floor Covering: Engineered Hardwood, Granite, Laminate

Possession: Closing

Sewer Type: Sewer Connected

Water Company: City of Mercer Island Water Heater Location: Utility closet Water Heater Type: Gas


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Remarks Just 1 block away from Groveland Beach Park, completely remodeled craftsman 3 bd/2.25 bath plus studio is tucked away on a secluded lot. Unwind to a gorgeous retreat featuring an amazing kitchen, cafe press appliances, tuxedo quartz waterfall island, & hardwoods throughout. The studio features a separate entry w/ kitchenette, bath, office/den perfect for rental or Airbnb. Enjoy sunsets, walk to the beach, playground, public transportation, I-90, & award winning MI school district. A must see!


Comparative Market Analysis

8028 SE Mitchell Street $1,150,000 ACTIVE

7/24/20

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

3 Beds 2.25 Baths Year Built 1948

MLS #1636151

1,790 Sq. Ft.

($642 / sqft)

Days on market: 4


Comparative Market Analysis

8028 SE Mitchell Street

2447 64th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040

MLS #1636151


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040


Analysis

Greg Rosenwald Compass


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Comparable Property Statistics S

7 Sold Listings LOWEST

$960,000

P

$1,147,196

HIGH

$1,285,000

AVG PRICE / SQFT

AVG DOM

$604

4

AVG PRICE / SQFT

AVG DOM

$544

4

AVG PRICE / SQFT

AVG DOM

$622

24

2 Pending Listings LOWEST

$899,000

A

AVERAGE

AVERAGE

$1,029,500

HIGH

$1,160,000

4 Active Listings LOWEST

$1,050,000

AVERAGE

$1,241,750

HIGH

$1,389,000


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Online Valuation Analysis

How accurate are Zestimates?

33.7%

$468,585

Zestimates varied up to 33.7% or $468,585 compared to actual MLS prices.

S

7 Sold

ADDRESS

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

3604 86th Avenue SE

6/17/20

$1,180,000

$1,182,763

0.2%

4049 90th Avenue SE

2/28/20

$960,000

$993,000

3.4%

8860 SE 72nd Place

3/20/20

$1,255,000

$1,280,297

2.0%

3915 86th Avenue SE

6/5/20

$1,216,375

$1,231,110

1.2%

4010 89th Avenue SE

4/17/20

$1,036,000

$1,048,507

1.2%

6415 SE 24th Street

6/12/20

$1,285,000

$1,298,460

1.0%

7719 SE 34th St

7/10/20

$1,098,000

$1,102,416

0.4%

PRICE

ZESTIMATE

DIFFERENCE

8244 SE 36th Street

$1,160,000

$1,220,851

5.2%

7847 SE 40th Street

$899,000

$944,414

5.1%

PRICE

ZESTIMATE

DIFFERENCE

9000 SE 40th Street

$1,050,000

$1,052,282

0.2%

4115 94th Avenue SE

$1,389,000

$920,415

-33.7%

4028 82nd AVE SE

$1,378,000

$1,403,336

1.8%

P

2 Pending

ADDRESS

A

4 Active

ADDRESS


Comparative Market Analysis

ADDRESS

8028 SE Mitchell Street

2447 64th Avenue Southeast, Mercer Island, Washington 98040

PRICE

ZESTIMATE

DIFFERENCE

$1,150,000

$1,212,440

5.4%

Source: Zillow


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Sold Property Analysis

Averages

103.2%

4

Homes sold for an average of 103.2% of their list price.

It took an average of 4 days for a home to sell.

Days on market

Analysis ADDRESS

LIST PRICE

SOLD PRICE

% OF LIST PRICE

DOM

$ PER SQFT

3604 86th Avenue SE

$1,199,000

$1,180,000

98.4%

4

$494

4049 90th Avenue SE

$900,000

$960,000

106.7%

5

$485

8860 SE 72nd Place

$1,250,000

$1,255,000

100.4%

11

$609

3915 86th Avenue SE

$1,149,000

$1,216,375

105.9%

2

$760

4010 89th Avenue SE

$899,000

$1,036,000

115.2%

4

$624

6415 SE 24th Street

$1,285,000

$1,285,000

100.0%

2

$600

7719 SE 34th St

$1,098,000

$1,098,000

100.0%

1

$657

Averages

$1,111,429

$1,147,196

103.2%

4

$604


Comparative Market Analysis

2447 64th Avenue Southeast, Mercer Island, Washington 98040

Suggested List Price

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

$1,100,000 - $1,150,000 $526 / sqft - $550 / sqft

Comparable Averages per Status S

7 Sold

$1,147,196 $604 / sqft $1,147,196 $604 / sqft

P

2 Pending

A

4 Active

$1,029,500 $544 / sqft

$1,241,750 $622 / sqft

4 Days on Market

24 Days on Market

4 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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