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
3431 74th 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 4 BEDROOMS
2570 SQ FT
2.5 BATHS
9600 LOT SQ FT
BUILT IN 1962
Facts and TrendsTM - Published August 2020*
Greg Rosenwald
Location: Mercer Island 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 (May. 2019 - Jul. 2020)
Prepared for you by: Greg Rosenwald
Facts and TrendsTM - Published August 2020*
Greg Rosenwald
Location: Mercer Island 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) (May. 2019 - Jul. 2020)
Prepared for you by: Greg Rosenwald
Facts and TrendsTM - Published August 2020*
Greg Rosenwald
Location: Mercer Island 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 % (May. 2019 - Jul. 2020)
Prepared for you by: Greg Rosenwald
Facts and TrendsTM - Published August 2020*
Greg Rosenwald
Location: Mercer Island 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 (May. 2019 - Jul. 2020)
Prepared for you by: Greg Rosenwald
Facts and TrendsTM - Published August 2020*
Greg Rosenwald
Location: Mercer Island 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 (May. 2019 - Jul. 2020)
Prepared for you by: Greg Rosenwald
All reports are published August 2020, based on data available at the end of July 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.
3431 74th Ave Se, Mercer Island, WA 98040-3422, King County MLS Beds 4
MLS Sq Ft 2,570
Lot Sq Ft 9,600
MLS Sale Price $1,215,000
MLS Baths 2.5
Yr Built 1962
Type SFR
MLS Sale Date 04/30/2015
OWNER INFORMATION
Owner Name (LN FN)
Hay Adam
Tax Billing Zip
98040
Owner Name 2 (LN FN)
Hay Melissa
Tax Billing Zip+4
3422
Tax Billing Address
3431 74th Ave Se
Owner Occupied
Yes
Tax Billing City & State
Mercer Island, WA
LOCATION INFORMATION
Zip Code
98040
Neighborhood Code
034005-034005
Subdivision
Calkins C C 1st To East Seattle
Carrier Route
C001
School District Name
Mercer Island
Zoning
R8.4
School District Code
400
Range/Township/Section/Quarter
04-24-12-SW
Census Tract
243.00
TAX INFORMATION
Tax-ID
130030-1840
% Improved
37%
Alt. Tax-ID
130030184001
Tax Area
1031
Parcel ID
1300301840
Legal Book/Page
4-88
Legal Description
CALKINS C C 1ST TO EAST SEATTLE N 80 FT OF S 360 FT OF E 100 FT OF VAC BLK 6 & POR VA C ST ADJ PLAT BLOCK: 6 PLAT L OT: POR
ASSESSMENT & TAX
Assessment Year
2019 - Preliminary
2019
2018
2017
Assessed Value - Total
$1,261,000
$1,261,000
$1,261,000
$1,138,000
Assessed Value - Land
$794,000
$794,000
$794,000
$718,000
Assessed Value - Improved
$467,000
$467,000
$467,000
$420,000
Market Value - Total
$1,261,000
$1,261,000
$1,261,000
$1,138,000
Market Value - Land
$794,000
$794,000
$794,000
$718,000
Market Value - Improved
$467,000
$467,000
$467,000
$420,000
YOY Assessed Change ($)
$0
$0
$123,000
YOY Assessed Change (%)
0%
0%
10.81%
Total Tax
Tax Year
$9,880
2018
Change ($)
Change (%)
$9,484 $10,184
2019
-$396
-4.01%
2020
$699
7.38%
CHARACTERISTICS
Lot Acres
0.2204
Full Baths
2
Lot Area
9,600
Half Baths
1
Land Use
SFR
3/4 Baths
1
County Land Use
Single Family(Res Use/Zone)
Fireplaces
2
Year Built
1962
Condition
Good
Total Living Sq Ft
2,570
Quality
Good
Above Gnd Sq Ft
2,570
Water Source
Public
Gross Area
2,990
Sewer
Public Service
Ground Floor Sq Ft
1,390
Heat Type
Forced Air
2nd Floor Area
870
Porch
Open Porch
Stories
Tax: 2.5 MLS: 2
Porch Type
Open Porch
Bedrooms
4
Garage Type
Attached Garage
Total Baths
Tax: 3 MLS: 2.5
Parking Type
Attached Garage
MLS Total Baths
2.5
Attached Garage SF
420
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: 08/28/20 Page 1/3
SELL SCORE
Rating
High
Sell Score
805
Value As Of
2020-08-13 23:11:12
ESTIMATED VALUE
RealAVM™
$1,938,600
Confidence Score
60
RealAVM™ Range
$1,667,196 - $2,210,004
Forecast Standard Deviation
14
Value As Of
08/26/2020
(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
758710
Closing Price
$1,215,000
MLS Status
Sold
Closing Date
04/30/2015
MLS DOM
2
MLS Listing Agent
83006-Chad A. Dierickx
MLS Status Change Date
04/30/2015
MLS Listing Broker
REDFIN CORP.
MLS Listing Date
03/20/2015
MLS Selling Agent
61276-Tony Marrese
MLS List Price
$1,135,000
MLS Selling Broker
WINDERMERE REAL ESTATE/EAS T
MLS Orig. List Price
$1,135,000
MLS Listing #
24078204
23018899
MLS Status
Sold
Cancelled
MLS Listing Date
06/06/2004
02/06/2003
MLS Listing Price
$698,000
$675,000
MLS Orig Price
$698,000
$675,000
MLS Sold Date
08/05/2004
MLS Sold Price
$707,500
$0
LAST MARKET SALE & SALES HISTORY
Recording Date
04/30/2015
Deed Type
Warranty Deed
Settle Date
Tax: 04/25/2015 MLS: 04/30/2015
Owner Name (LN FN)
Hay Adam
Sale Price
$1,215,000
Owner Name 2 (LN FN)
Hay Melissa
Price Per Square Feet
$472.76
Seller Name (LN FN)
Holmes Jeanine
Auditor No
201504302983
Recording Date
04/30/2015
08/05/2004
04/03/1997
Sale/Settlement Date
04/25/2015
07/15/2004
03/31/1997
Sale Price
$1,215,000
$705,500
$380,000
Buyer Name
Hay Adam & Melissa
Holmes Jeanine
Leon & Crystal /Ma
Buyer Name 2
Hay Melissa
Seller Name
Holmes Jeanine
Ma Leon & Crystal
Dobson Darrell D & Barbara J
Auditor No
201504302983
200408051374
199704030332
Hist. Document No.
2727708
2060533
1536389
Document Type
Warranty Deed
Warranty Deed
Warranty Deed
Crystal /Ma
MORTGAGE HISTORY
Mortgage Date
04/30/2015
04/03/2013
12/18/2009
08/05/2004
09/29/1998
Mortgage Amount
$972,000
$267,000
$280,000
$275,000
$220,000
Mortgage Lender
Mufg Union Bk Na
Alaska Usa Mtg Co LL C
Jp Morgan Chase Bk
Washington Mutual Bk
Norwest Mtg Inc
Mortgage Type
Conventional
Conventional
Conventional
Conventional
Conventional
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: 08/28/20 Page 2/3
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: 08/28/20 Page 3/3
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Map of Comparable Listings
STATUS:
MLS #
STATUS
ADDRESS
S = SOLD
P = PENDING
A = ACTIVE
BEDS
BATHS
SQFT
PRICE
3431 74th Ave SE
4
2.50
2,570
-
1
Subject
2
1603554
S
3515 72nd Avenue SE
4
2.75
3,240
$1,895,000
3
1598329
S
4444 88th Avenue SE
4
2.25
2,500
$1,850,000
4
1609374
S
6550 83rd Place SE
5
2.50
3,310
$2,100,000
5
1608101
S
9019 SE 61
4
2.25
3,010
$1,750,000
6
1623742
S
2256 71st Avenue SE
4
3.25
3,330
$1,773,100
7
1643494
P
2742 72nd Avenue SE
5
3.50
3,020
$1,825,000
8
1635183
P
8821 SE 56th Street
4
2.50
3,017
$2,105,000
9
1633275
P
8118 SE 74th Place
4
2.50
2,600
$1,900,000
10
1644653
P
4554 89th Avenue SE
4
2.75
3,020
$1,998,000
11
1649549
A
7306 Island Crest Way
5
2.75
2,520
$1,745,000
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Summary of Comparable Properties S
SOLD LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
3515 72nd Avenue SE
7/2/20
4
2.75
3,240
$1,895,000
$585
4444 88th Avenue SE
6/10/20
4
2.25
2,500
$1,850,000
$740
6550 83rd Place SE
7/10/20
5
2.50
3,310
$2,100,000
$634
9019 SE 61
6/26/20
4
2.25
3,010
$1,750,000
$581
8/7/20
4
3.25
3,330
$1,773,100
$532
3,078
$1,873,620
$615
2256 71st Avenue SE
Averages
P
PENDING LISTINGS
ADDRESS
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
2742 72nd Avenue SE
-
5
3.50
3,020
$1,825,000
$604
8821 SE 56th Street
-
4
2.50
3,017
$2,105,000
$698
8118 SE 74th Place
-
4
2.50
2,600
$1,900,000
$731
4554 89th Avenue SE
-
4
2.75
3,020
$1,998,000
$662
2,914
$1,957,000
$674
Averages
A
ACTIVE LISTINGS
ADDRESS
7306 Island Crest Way
Averages
SOLD DATE
BEDS
BATHS
SQFT
PRICE
$/SQ.FT
-
5
2.75
2,520
$1,745,000
$692
2,520
$1,745,000
$692
Listings
Greg Rosenwald Compass
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
3515 72nd Avenue SE
Mercer Island, WA 98040
$1,895,000 SOLD
4 Beds 2.75 Baths Year Built 1956
7/2/20
MLS #1603554
3,240 Sq. Ft.
($585 / sqft)
Days on market: 6
Details Prop Type: Residential
3/4 Baths: 1.0
School District: Mercer Island
Lot Size: 7,617.0
Updated: Jul 2, 2020 9:42 AM
County: King
Garages: 2
List Price: $1,848,000
Middle: Islander Mid
List date: 5/19/20
Orig list price: $1,848,000
Elementary: Buyer To Verify
Style: 16 - 1 Story w/Bsmnt.
Sold date: 7/2/20
List/Sqft: $570
Full baths: 2.0
Off-market date: 7/2/20
Taxes: $10,956
Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator, Washer
Financing: Conventional
Parking Type: GarageAttached
Architecture: Modern
Foundation: Poured Concrete
Interior Features: Bath Off Master, Ceiling Fan(s), Dining Room, French Doors, Hot Tub/Spa, Sauna, Security System, Skylights, Vaulted Ceilings, Walk-in Closet, Wet Bar Lot Details: Corner Lot, Dead End Street, Paved Street
Roof: Torch Down
Building Information: Built On Lot
Occupant Name: Undisclosed
Energy Source: Natural Gas
Sewer Type: Sewer Connected
Occupant Type: Vacant
Area: 510 - Mercer Island Subdivision: First Hill
High: Mercer Isl High
Features
Basement: Daylight, Fully Finished Building Condition: Remodeled
Exterior: Wood
Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet
Heating Cooling Type: Central A/C, Heat Pump
Possession: Closing Potential Terms: Cash Out, Conventional Power Company: PSE Sewer Company: City of Mercer Island
Comparative Market Analysis
Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, Shop, Sprinkler System
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Sq Ft Finished: 3240 Sq Ft Source: KCR Topography: Garden Space, Partial Slope
View: City, Lake, Mountain, Territorial Water: Public Water Company: City of Mercer Island
Remarks Stunning, mid-century modern home in coveted First Hill neighborhood. Enjoy jaw-dropping sunsets & western lake, mtn & city views from this corner lot just minutes to your dream commute to I-90. Perfect entertaining house w/ open floor plan, walls of windows & updated, gourmet kitchen. Spacious MSTR suite, add'l BDR & office on main. Downstairs, 2 more sizable BDRs, BA w/ sauna & rec room. Professionally landscaped backyard w/ garden beds, fire pit, patio w/ hot tub & back deck. You found it!
Comparative Market Analysis
3515 72nd Avenue SE $1,895,000 SOLD
7/2/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
4 Beds 2.75 Baths Year Built 1956
MLS #1603554
3,240 Sq. Ft.
($585 / sqft)
Days on market: 6
Comparative Market Analysis
3515 72nd Avenue SE
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
MLS #1603554
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
4444 88th Avenue SE
Mercer Island, WA 98040
$1,850,000 SOLD
4 Beds 2.25 Baths Year Built 1978
6/10/20
MLS #1598329
2,500 Sq. Ft.
($740 / sqft)
Days on market: 1
Details Prop Type: Residential
3/4 Baths: 1.0
Off-market date: 6/10/20
Taxes: $9,176
County: King
Half baths: 1.0
School District: Mercer Island
Area: 510 - Mercer Island
Lot Size: 10,800.0
Updated: Jun 10, 2020 3:51 PM
Garages: 2
List Price: $1,850,000
Middle: Islander Mid
List date: 5/14/20
Orig list price: $1,850,000
Elementary: Northwood Elem
Sold date: 6/10/20
List/Sqft: $740
Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator, Washer
Financing: Conventional
Lot Details: Dead End Street, Paved Street
Power Company: Puget Sound Energy
Lot Number: 7
Roof: Composition
Basement: None
Heating Cooling Type: Central A/C, Forced Air
Occupant Name: Becker/ Quantz
Sewer Company: City of Mercer Island
Occupant Type: Owner
Sewer Type: Sewer Connected
Subdivision: Library Style: 12 - 2 Story Full baths: 1.0
High: Mercer Isl High
Features
Building Complex Or Project: Schmids Vituse Building Information: Built On Lot Effective Year Built Source: See Remarks Energy Source: Natural Gas Exterior: Wood
Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet
Interior Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
Parking Type: GarageAttached Possession: Negotiable Potential Terms: Cash Out, Conventional
Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Sprinkler System Sq Ft Finished: 2500 Sq Ft Source: Appraisal
Comparative Market Analysis
Topography: Garden Space, Level Water: Public
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Water Company: City of Mercer Island
Water Heater Location: garage Water Heater Type: gas
Remarks Dramatic style shines in this stunning home on quiet lane near Northwood elementary,MI High School,Library,parks and walking trails!2016 remodel,custom finishes throughout!White oak hardwood,honed Quartzite in chef's kitchen,limestone,Carrara marble,vaulted ceilings,new skylights,great room plus living room!Office/fourth bedroom on main,upstairs two bedrooms,shared full bath,gorgeous master suite,designer walk in closet.Fenced level back yard features party deck,putting green!Golfer's Delight!
Comparative Market Analysis
4444 88th Avenue SE $1,850,000 SOLD
6/10/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
4 Beds 2.25 Baths Year Built 1978
MLS #1598329
2,500 Sq. Ft.
($740 / sqft)
Days on market: 1
Comparative Market Analysis
4444 88th Avenue SE
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
MLS #1598329
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
6550 83rd Place SE $2,100,000 SOLD
MLS #1609374
Mercer Island, WA 98040
5 Beds 2.50 Baths Year Built 1968
7/10/20
3,310 Sq. Ft.
($634 / sqft)
Days on market: 2
Details Prop Type: Residential
Half baths: 1.0
School District: Mercer Island
Lot Size: 11,403.0
Updated: Jul 10, 2020 2:10 PM
County: King
Garages: 3
List Price: $1,999,500
Middle: Islander Mid
List date: 6/4/20
Orig list price: $1,999,500
Elementary: Island Park Elem
Style: 12 - 2 Story
Sold date: 7/10/20
List/Sqft: $604
Full baths: 2.0
Off-market date: 7/10/20
Taxes: $10,112
Exterior: Cement/Concrete, Wood
Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
Possession: Negotiable
Lot Details: Corner Lot, Paved Street
Sewer Company: City of Mercer Island
Lot Number: 11
Sewer Type: Sewer Connected
Area: 510 - Mercer Island Subdivision: South End
High: Mercer Isl High
Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator, Washer Basement: None Building Complex Or Project: Parkwest Add Building Condition: Remodeled Building Information: Built On Lot Community Features: CCRs Energy Source: Natural Gas
Financing: Not Disclosed Floor Covering: Ceramic Tile, Engineered Hardwood, Wall to Wall Carpet Foundation: Poured Concrete Heating Cooling Type: Central A/C, Heat Pump, Tankless Water Heater
Occupant Name: Owner Occupant Type: Owner Parking Type: GarageAttached
Potential Terms: Conventional Power Company: PSE Roof: Composition
Comparative Market Analysis
Site Features: Athletic Court, Cable TV, Electric Car Charging, Fenced-Fully, Gas Available, High Speed Internet, Patio, Sprinkler System
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Sq Ft Finished: 3310 Sq Ft Source: King Co Topography: Level View: City, Lake, Mountain
Water Company: City of Mercer Island
Water Heater Type: Tankless
Water Heater Location: main closet
Water: Public
Remarks Completely REMODELED VIEW home perfectly located on the south end of MI. Enjoy stunning sunsets & afternoon light as you gaze at Lake WA, Seattle & the Olympics(view protected by covenants). Gourmet kitchen w/chef's appliances & beautiful marble. 5 bedrms up offer space for home office. Bonus room on main leads to large fenced backyard with sport court and lawn. West facing patio for dining al fresco as you watch the sun go down. Laundry on both flrs. Quick access to Pioneer Pk, shops & schools.
Comparative Market Analysis
6550 83rd Place SE $2,100,000 SOLD
7/10/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040
MLS #1609374
Mercer Island, WA 98040
5 Beds 2.50 Baths Year Built 1968
3,310 Sq. Ft.
($634 / sqft)
Days on market: 2
Comparative Market Analysis
6550 83rd Place SE
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
MLS #1609374
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
9019 SE 61
3431 74th Avenue Southeast, Mercer Island, Washington 98040
$1,750,000 SOLD
MLS #1608101
Mercer Island, WA 98040
4 Beds 2.25 Baths Year Built 1963
6/26/20
3,010 Sq. Ft.
($581 / sqft)
Days on market: 5
Details Prop Type: Residential
3/4 Baths: 1.0
Off-market date: 6/26/20
Taxes: $10,693
County: King
Half baths: 1.0
School District: Mercer Island
Area: 510 - Mercer Island
Lot Size: 17,745.0
Updated: Aug 4, 2020 5:02 AM
Garages: 2
List Price: $1,750,000
Middle: Islander Mid
List date: 5/30/20
Orig list price: $1,750,000
Elementary: Buyer To Verify
Sold date: 6/26/20
List/Sqft: $581
Financing: Conventional
Interior Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Elevator, High Tech Cabling, Loft, Skylights, Vaulted Ceilings, Walk-in Closet
Potential Terms: Cash Out, Conventional
Lot Details: Paved Street
Sewer Type: Sewer Connected
Subdivision: Mid Island Style: 12 - 2 Story Full baths: 1.0
High: Mercer Isl High
Features Appliances Included: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator Architecture: Traditional Basement: None Building Condition: Good Building Information: Built On Lot Energy Source: Natural Gas Exterior: Brick, Wood
Floor Covering: Hardwood, Slate, Stone, Wall to Wall Carpet Foundation: Poured Concrete Heating Cooling Type: Forced Air
Occupant Name: Moriyasu Olson Occupant Type: Owner Parking Type: GarageAttached Possession: Negotiable
Power Company: PSE Roof: Composition Sewer Company: City of MI
Site Features: Cable TV, Fenced-Partially, High Speed Internet, Irrigation, Outbuildings, Patio Sq Ft Finished: 3010
Comparative Market Analysis
Sq Ft Source: Realist
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Topography: Level, Partial Slope
View: Territorial
Water Company: City of MI
Water: Public
Water Heater Type: Gas
Remarks Run, don't walk, to this convenient mid-island charmer! Incredibly relaxed style, private, lg southern facing yard and deck. Farmhouse kitchen opens to dining and 2 living spaces. Views to the gardens are abundant, lush. Binge watch or read in comfy fam rm w/ vaulted ceilings, rustic brick fireplace. Upstairs find 4 bedrooms, 3 on one side of the home, the 4th is separate on the other; guest br/office? So comfortable with a modern feel...you'll think you are on the east coast. Darling playhouse!
Comparative Market Analysis
9019 SE 61 $1,750,000 SOLD
6/26/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040
MLS #1608101
Mercer Island, WA 98040
4 Beds 2.25 Baths Year Built 1963
3,010 Sq. Ft.
($581 / sqft)
Days on market: 5
Comparative Market Analysis
9019 SE 61
Mercer Island, WA 98040
3431 74th Avenue Southeast, Mercer Island, Washington 98040
MLS #1608101
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
2256 71st Avenue SE $1,773,100 SOLD
MLS #1623742
Mercer Island, WA 98040
4 Beds 3.25 Baths Year Built 1990
8/7/20
3,330 Sq. Ft.
($532 / sqft)
Days on market: 5
Details Prop Type: Residential
3/4 Baths: 1.0
Off-market date: 8/7/20
Taxes: $9,792
County: King
Half baths: 1.0
School District: Mercer Island
Area: 510 - Mercer Island
Lot Size: 6,896.0
Updated: Aug 7, 2020 9:56 AM
Garages: 2
List Price: $1,695,000
Middle: Islander Mid
List date: 7/3/20
Orig list price: $1,695,000
Elementary: Buyer To Verify
Sold date: 8/7/20
List/Sqft: $509
Energy Source: Natural Gas
Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Skylights, Walk In Pantry, Walk-in Closet, Wet Bar
Subdivision: North End Style: 12 - 2 Story Full baths: 2.0
High: Mercer Isl High
Features Appliances Included: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer Architecture: Contemporary Basement: None Builder: Gockel Construction Building Condition: Remodeled Building Information: Built On Lot
Exterior: Wood Financing: Conventional Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet
Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Torch Down
Lot Details: Paved Street
Sewer Company: City of Mercer Island
Foundation: Poured Concrete
Occupant Name: Undisclosed
Sewer Type: Sewer Connected
Heating Cooling Type: Central A/C, Forced Air, Heat Pump
Occupant Type: Owner
Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Irrigation, Patio, Sprinkler System
Parking Type: GarageAttached Possession: Closing
Comparative Market Analysis
Sq Ft Finished: 3330 Sq Ft Source: KCR
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Topography: Garden Space, Level View: Territorial
Water: Public Water Company: City of Mercer Island
Water Heater Location: Garage Water Heater Type: Gas
Remarks You found it! Beautifully remodeled home on Mercer Islands coveted First Hill. Ideal floorplan w/ 4 BDRs up & gracious living spaces, including home office, on main. Spacious master suite w/ sitting area, private deck & 5-piece bath. Open concept family room w/ huge, updated kitchen, S/S appliances, oversized island & wet bar.Enjoy a private oasis in the landscaped backyard w/ large entertaining deck. Dream commute & just a stones throw to Lid Park w/ tennis courts & play fields. Welcome home!
Comparative Market Analysis
2256 71st Avenue SE $1,773,100 SOLD
8/7/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040
MLS #1623742
Mercer Island, WA 98040
4 Beds 3.25 Baths Year Built 1990
3,330 Sq. Ft.
($532 / sqft)
Days on market: 5
Comparative Market Analysis
2256 71st Avenue SE
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
MLS #1623742
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
2742 72nd Avenue SE
Mercer Island, WA 98040
$1,825,000 PENDING
5 Beds 3.50 Baths Year Built 1920
8/15/20
MLS #1643494
3,020 Sq. Ft.
($604 / sqft)
Days on market: 4
Details Prop Type: Residential
3/4 Baths: 2.0
County: King Area: 510 - Mercer Island Subdivision: First Hill Style: 18 - 2 Stories w/Bsmnt
School District: Mercer Island
Lot Size: 21,359.0
Updated: Aug 15, 2020 7:00 AM
Garages: 4
List Price: $1,825,000
Middle: Islander Mid
List date: 8/11/20
Orig list price: $1,825,000
Elementary: Buyer To Verify
Pending date: 8/15/20
List/Sqft: $604
High: Mercer Isl High
Taxes: $11,227
Full baths: 2.0
Features Appliances Included: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
Energy Source: Electric, Natural Gas Exterior: Metal/Vinyl
Basement: Unfinished
Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet
Building Condition: Very Good
Foundation: Concrete Block, Poured Concrete
Building Information: Built On Lot
Heating Cooling Type: 90%+ High Efficiency, Forced Air
Effective Year Built Source: See Remarks
Interior Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/ Storm Windw, Dining Room, French Doors, Skylights, Walk-in Closet Occupant Name: Vacant
Power Company: PSE Roof: Composition Sewer Company: City of Mercer Island Sewer Type: Sewer Connected
Parking Type: GarageDetached
Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Possession: Closing
Sq Ft Finished: 3020
Potential Terms: Cash Out, Conventional
Sq Ft Source: KCR
Occupant Type: Vacant
Comparative Market Analysis
Topography: Garden Space, Level
3431 74th Avenue Southeast, Mercer Island, Washington 98040
View: Lake, Partial, Territorial Water: Public
Water Company: City of Mercer Island
Water Heater Location: utility closet Water Heater Type: Gas
Remarks Rare to find a property like this! Sweet home on a Flat Acre in Popular First Hill nhood minutes to the City. Large kitchen connects to sunny family room and out to Extraordinary back yard/Expansive deck for play, parties & celebrations. Magical network of trails. 2nd garage for hobbies, collections or conversion to office/cabana. Endless opportunities! Versatile floor plan & a well maintained home. 5 BRs & 3 Baths together upstairs. Possible BR on main. Basement for storage, hobbies & more.
Comparative Market Analysis
2742 72nd Avenue SE $1,825,000 PENDING
8/15/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
5 Beds 3.50 Baths Year Built 1920
MLS #1643494
3,020 Sq. Ft.
($604 / sqft)
Days on market: 4
Comparative Market Analysis
2742 72nd Avenue SE
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
MLS #1643494
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
8821 SE 56th Street $2,105,000 PENDING
MLS #1635183
Mercer Island, WA 98040
4 Beds 2.50 Baths Year Built 1966
8/11/20
3,017 Sq. Ft.
($698 / sqft)
Days on market: 19
Details Prop Type: Residential
Full baths: 2.0
County: King Area: 510 - Mercer Island Subdivision: Parkwood Estates Style: 12 - 2 Story
Taxes: $11,271
Half baths: 1.0
Updated: Aug 19, 2020 1:03 PM
Lot Size: 11,940.0
List Price: $2,105,000
High: Mercer Isl High
Garages: 2
Orig list price: $2,105,000
Middle: Islander Mid
List date: 7/23/20
List/Sqft: $698
Elementary: Island Park Elem
Pending date: 8/11/20
Assoc Fee: $5
Effective Year Built Source: Public Records
Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Jetted Tub, Security System, Skylights
School District: Mercer Island
Features Appliances Included: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/ Oven, Refrigerator, Washer Architecture: Traditional Basement: None Building Complex Or Project: Parkwood Estates Building Condition: Very Good Building Information: Built On Lot
Energy Source: Natural Gas Exterior: Brick, Wood Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet Foundation: Poured Concrete Heating Cooling Type: Central A/C, Forced Air
Leased Equipment: none Lot Details: Corner Lot, Culde-sac, Paved Street Occupant Name: Undisclosed Occupant Type: Owner Parking Type: GarageAttached
Possession: Closing, Negotiable Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Cedar Shake Sewer Company: City of MI Sewer Type: Sewer Connected
Comparative Market Analysis
Site Features: Athletic Court, Cable TV, Deck, FencedFully, Gas Available, High Speed Internet, Patio, Sprinkler System
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Sq Ft Finished: 3017 Sq Ft Source: Owner's Appraisal
Topography: Garden Space, Level
Water Company: City of MI
View: Territorial
Water Heater Location: Interior Hall Closet Main Fllor
Water: Public
Water Heater Type: Gas
Remarks Iconic Parkwood Estate available for the first time in 47 years. 4 BR, 2.5 baths situated on a cul de sac with stunning gardens & mature landscaping. Priceless full size sport court for hoops, pickle ball, & safe play time. Main floor home office suite with separate entrance could be bonus/game room. Family room w/built ins, updated kitchen, large master suite w/remodeled bath. Main bath upstairs has jetted tub & dual sinks. Walk to Award Winning Island Park Elementary, parks, shops & trails.
Comparative Market Analysis
8821 SE 56th Street $2,105,000 PENDING
8/11/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040
MLS #1635183
Mercer Island, WA 98040
4 Beds 2.50 Baths Year Built 1966
3,017 Sq. Ft.
($698 / sqft)
Days on market: 19
Comparative Market Analysis
8821 SE 56th Street
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
MLS #1635183
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
8118 SE 74th Place $1,900,000 PENDING
MLS #1633275
Mercer Island, WA 98040
4 Beds 2.50 Baths Year Built 1986
7/27/20
2,600 Sq. Ft.
($731 / sqft)
Days on market: 6
Details Prop Type: Residential
Half baths: 1.0
County: King Area: 510 - Mercer Island Subdivision: The Lakes Style: 12 - 2 Story
Taxes: $12,413
Lot Size: 11,765.0
Updated: Jul 28, 2020 3:25 AM
Garages: 3
List Price: $1,900,000
High: Mercer Isl High
List date: 7/21/20
Orig list price: $1,900,000
Middle: Islander Mid
Pending date: 7/27/20
List/Sqft: $731
Elementary: Lakeridge Elem
School District: Mercer Island
Assoc Fee: $104
Full baths: 2.0
Features Appliances Included: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet
Lot Details: Corner Lot, Culde-sac, Curbs, Paved Street, Sidewalk
Foundation: Poured Concrete
Occupant Name: Jay & Michelle
Basement: None
Heating Cooling Type: Central A/C, Forced Air
Occupant Type: Owner
Builder: Buchan Building Condition: Remodeled Building Information: Built On Lot Energy Source: Natural Gas Exterior: Brick, Wood
Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Security System, Skylights, Vaulted Ceilings, Walk-in Closet
Roof: Cedar Shake Sewer Company: City of MI Sewer Type: Sewer Connected
Parking Type: GarageAttached
Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio, Sprinkler System
Possession: Closing
Sq Ft Finished: 2600
Potential Terms: Cash Out, Conventional
Sq Ft Source: KCAR
Power Company: PSE
Topography: Garden Space, Level
Comparative Market Analysis
View: Lake, Territorial Water: Public
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Water Company: City of MI
Water Heater Location: Garage
Water Heater Type: Gas Waterfront: Lake
Remarks Community, lifestyle & lakefront living! This is The Lakes at its best. Exquisitely updated 4 BR + den Buchan on the waters edge. Spacious kitchen, formal liv/din rooms with access to backyard, Master suite w/marble bath & stunning lake views. A dreamy outdoor paradise to enjoy the tranquil lake, mature landscaping & quiet escape. Sunny corner lot, oversized 3-car garage & the most coveted neighborhood on the Island! Mins to schools, playfields/grounds, trails, parks, shopping & restaurants!
Comparative Market Analysis
8118 SE 74th Place $1,900,000 PENDING
7/27/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040
MLS #1633275
Mercer Island, WA 98040
4 Beds 2.50 Baths Year Built 1986
2,600 Sq. Ft.
($731 / sqft)
Days on market: 6
Comparative Market Analysis
8118 SE 74th Place
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
MLS #1633275
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
4554 89th Avenue SE
Mercer Island, WA 98040
$1,998,000 PENDING
4 Beds 2.75 Baths Year Built 2013
8/17/20
MLS #1644653
3,020 Sq. Ft. ($662 / sqft) Days on market: 5
Details Prop Type: Residential
3/4 Baths: 1.0
County: King Area: 510 - Mercer Island Subdivision: Ellis Pond Style: 12 - 2 Story
School District: Mercer Island
Lot Size: 10,125.0
Updated: Aug 17, 2020 1:59 PM
Garages: 3
List Price: $1,998,000
Middle: Islander Mid
List date: 8/12/20
Orig list price: $1,998,000
Elementary: Island Park Elem
Pending date: 8/17/20
List/Sqft: $662
High: Mercer Isl High
Taxes: $13,307
Full baths: 2.0
Features Appliances Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Energy Source: Electric, Natural Gas
Architecture: Craftsman
Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet
Basement: None Builder: American Classic Building Complex Or Project: Allview Heights Building Condition: Very Good Building Information: Built On Lot
Exterior: Cement Planked, Stone, Wood
Foundation: Poured Concrete Heating Cooling Type: Central A/C, Forced Air, Tankless Water Heater
Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Security System, Vaulted Ceilings, Walk-in Closet Lot Details: Paved Street Occupant Name: Colt & Ann Occupant Type: Owner Parking Type: GarageAttached Possession: Closing
Potential Terms: Cash Out, Conventional Power Company: PSE Roof: Composition Sewer Company: Mercer Island Sewer Type: Sewer Connected Site Features: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio Sq Ft Finished: 3020
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Sq Ft Source: Tax Records
Water: Public
Topography: Brush, Level, Wooded
Water Company: Mercer Island
View: Territorial
Water Heater Location: Garage Water Heater Type: Tankless Gas
Remarks Serene & Private like-new home. Pristine, custom construction features vaulted ceilings & 8 ft doors. Great room windows frame in a tranquil setting. Impressive Chefs kitchen w/high-end appliances: high-tech oven, double-width fridge, custom pantry & 2 dishwashers. Indulgent main floor master suite w/garden level views. Open railing upstairs for a stunning focal point. Lush landscaping, covered patio & level yard next to Ellis pond park. Friendly community & great location near the library.
Comparative Market Analysis
4554 89th Avenue SE $1,998,000 PENDING
8/17/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
4 Beds 2.75 Baths Year Built 2013
MLS #1644653
3,020 Sq. Ft. ($662 / sqft) Days on market: 5
Comparative Market Analysis
4554 89th Avenue SE
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
MLS #1644653
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
7306 Island Crest Way
Mercer Island, WA 98040
$1,745,000 ACTIVE
5 Beds 2.75 Baths Year Built 1972
8/21/20
MLS #1649549
2,520 Sq. Ft. ($692 / sqft) Days on market: 7
Details Prop Type: Residential
3/4 Baths: 1.0
County: King Area: 510 - Mercer Island Subdivision: South End Style: 12 - 2 Story
School District: Mercer Island
Half baths: 2.0
Updated: Aug 22, 2020 5:59 AM
Lot Size: 14,000.0
List Price: $1,745,000
Middle: Islander Mid
Garages: 2
Orig list price: $1,745,000
Elementary: Buyer To Verify
List date: 8/21/20
List/Sqft: $692
High: Mercer Isl High
Taxes: $8,118
Full baths: 1.0
Features Appliances Included: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Trash Compactor, Washer Architecture: Traditional Basement: None
Energy Source: Electric, Natural Gas Exterior: Brick, Wood Floor Covering: Ceramic Tile, Hardwood, Wall to Wall Carpet
Interior Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Walkin Closet Lot Details: Cul-de-sac, Paved Street, Secluded Occupant Name: Phoebe
Builder: Buchan Homes
Foundation: Poured Concrete
Building Condition: Very Good
Heating Cooling Type: Forced Air
Parking Type: GarageDetached
Building Information: Detached
Occupant Type: Owner
Possession: Closing Potential Terms: Cash Out, Conventional
Power Company: PSE Roof: Cedar Shake Sewer Company: City of Mercer Island Sewer Type: Sewer Connected Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio Sq Ft Finished: 2520 Sq Ft Source: KCR
Comparative Market Analysis
Topography: Garden Space, Level
3431 74th Avenue Southeast, Mercer Island, Washington 98040
View: Territorial Water: Public
Water Company: City of Mercer Island
Remarks Impeccably maintained 5 bed & 2.75 bath classic Buchan Home located up a private lane that provides quiet & wideopen spaces to enjoy, w/gorgeous & lush landscaping that is your own private park. Master en suite plus 4 more bedrooms provides everyone with their own inside sanctuary. Close to south end QFC, restaurants, tennis club, Pioneer Park w/miles of trails, & the Mercer Island Saddle Club. Come experience the space, tranquility, & freedom from the everyday here in the best of all worlds.
Comparative Market Analysis
7306 Island Crest Way $1,745,000 ACTIVE
8/21/20
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
5 Beds 2.75 Baths Year Built 1972
MLS #1649549
2,520 Sq. Ft. ($692 / sqft) Days on market: 7
Comparative Market Analysis
7306 Island Crest Way
3431 74th Avenue Southeast, Mercer Island, Washington 98040 Mercer Island, WA 98040
MLS #1649549
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Analysis
Greg Rosenwald Compass
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Comparable Property Statistics S
5 Sold Listings LOWEST
$1,750,000
P
$1,873,620
HIGH
$2,100,000
AVG PRICE / SQFT
AVG DOM
$615
3
AVG PRICE / SQFT
AVG DOM
$674
8
AVG PRICE / SQFT
AVG DOM
$692
7
4 Pending Listings LOWEST
$1,825,000
A
AVERAGE
AVERAGE
$1,957,000
HIGH
$2,105,000
1 Active Listings LOWEST
$1,745,000
AVERAGE
$1,745,000
HIGH
$1,745,000
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Online Valuation Analysis
How accurate are Zestimates?
2.4%
$43,895
Zestimates varied up to 2.4% or $43,895 compared to actual MLS prices.
S
5 Sold
ADDRESS
SOLD DATE
SOLD PRICE
ZESTIMATE
DIFFERENCE
3515 72nd Avenue SE
7/2/20
$1,895,000
$1,925,236
1.6%
4444 88th Avenue SE
6/10/20
$1,850,000
$1,893,895
2.4%
6550 83rd Place SE
7/10/20
$2,100,000
$2,131,002
1.5%
9019 SE 61
6/26/20
$1,750,000
$1,783,146
1.9%
8/7/20
$1,773,100
$1,784,434
0.6%
PRICE
ZESTIMATE
DIFFERENCE
2742 72nd Avenue SE
$1,825,000
$1,836,811
0.6%
8821 SE 56th Street
$2,105,000
$2,105,018
0.0%
8118 SE 74th Place
$1,900,000
$1,905,471
0.3%
4554 89th Avenue SE
$1,998,000
$2,008,735
0.5%
PRICE
ZESTIMATE
DIFFERENCE
$1,745,000
$1,755,453
0.6%
2256 71st Avenue SE
P
4 Pending
ADDRESS
A
1 Active
ADDRESS
7306 Island Crest Way
Source: Zillow
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Sold Property Analysis
Averages
102.5%
3
Homes sold for an average of 102.5% of their list price.
It took an average of 3 days for a home to sell.
Days on market
Analysis ADDRESS
LIST PRICE
SOLD PRICE
% OF LIST PRICE
DOM
$ PER SQFT
3515 72nd Avenue SE
$1,848,000
$1,895,000
102.5%
6
$585
4444 88th Avenue SE
$1,850,000
$1,850,000
100.0%
1
$740
6550 83rd Place SE
$1,999,500
$2,100,000
105.0%
2
$634
9019 SE 61
$1,750,000
$1,750,000
100.0%
5
$581
2256 71st Avenue SE
$1,695,000
$1,773,100
104.6%
5
$532
$1,828,500
$1,873,620
102.5%
3
$615
Averages
Comparative Market Analysis
3431 74th Avenue Southeast, Mercer Island, Washington 98040
Suggested List Price
Analysis of the comparable properties suggests a list price range of:
$1,850,000 - $1,900,000 $719 / sqft - $739 / sqft
Comparable Averages per Status S
5 Sold
P
4 Pending
A
1 Active
$1,873,620 $615 / sqft
$1,957,000 $674 / sqft
$1,745,000 $692 / sqft
3 Days on Market
8 Days on Market
7 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.