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2501 71st Avenue Southeast

2501 71st Avenue Southeast, Mercer Island, WA 98040
Property in McGilvara
Sold Jan 30, 2013
$920,000
$644,000 by Jpmorgan Chase Bank Na
Mortgage Due Feb 01, 2043
Sold Nov 30, 2000
$483,000
$386,400 by Dba Bay Mtg
Mortgage Due Dec 01, 2030
2501 71st Avenue Southeast in Mercer Island, WA was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 5 partial bathrooms. 2501 71st Avenue Southeast has 5,070 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,560 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 9,030 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 630 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 25, 2013 for $920,000. That's $161.40 per sqft. Prior to that sales transaction, the property was also sold in Nov 15, 2000 for $483,000. 2501 71st Avenue Southeast was last assessed in 2023. The total value of the property was assessed at $2,212,000. Specifically, the land the property is located on was valued at $1,076,000. While improvements on the property were assessed at a total of $1,136,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $15,237. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,560
  • Garage Type: Attached
  • Garage Square Area: 630
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,030
  • Total Building Area: 5,700
  • Gross Building Area: 5,700
  • Building Area: 5,070
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 5,070
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EAST SEATTLE ADD
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAST SEATTLE ADD S 1/2 OF 40 & ALL 41-42-43 LESS W 10 FT THOF

Ownership

  • Current Owner : ZHOU DAWEI
  • Previous Owner : RICE DAVID R
  • Previous Owner 2: RICE MIMI A
  • Owner Before Previous Owner: MAR VIOLET C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mercer Island School District
  • Census Tract: 024302

Zoning

  • Zoning: R-8.4

Geography

  • Account Number: 217450378104
  • District: MERCER ISLAN
  • Parcel: 217450-3781
  • Block: 23
  • Lot: 40-43
  • Meridian: SEC 12 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5879
  • Longitude: -122.244

    Address

  • Full Address: 2501 71st Ave Se
  • Address - House Number: 2501
  • Street Segment Direction: SE
  • Address - Street Name: 71st
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C001
  • 4-Digit Zip Code: 2551
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $15,237
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 2,406,009
  • High Value: 2,753,982
  • Low Value: 2,058,036

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $644,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 30, 2013
  • First Open Lien Mortgage Loan Amount: $644,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2043

    Market Valuation

  • Market Total Value: $2,212,000
  • Market Land Value: $1,076,000
  • Market Improvement Value: $1,136,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,212,000
  • Assessed Land Value: $1,076,000
  • Assessed Improvements Value: $1,136,000

    Sales

  • Current Sale Contract Date: Jan 25, 2013
  • Current Sale Recording Date: Jan 30, 2013
  • Current Sale Transaction ID: 1023437885
  • Current Sale Price: $920,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20130130001637
  • Previous Sale Recording Date: Nov 30, 2000
  • Previous Sale Contract Date: Nov 15, 2000
  • Previous Sale Amount: $483,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 30, 2013
  • First Mortgage Loan Amount: $644,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: DBA BAY MTG
  • Previous Mortgage Transaction Date: Nov 30, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $386,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2030

About McGilvara



Similar Buildings

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Nearby Rentals

Unit for rent at 2758 78th Ave Se, Mercer Island, WA, 98040

$2,944 /mo

  • 1 Bed
  • 1 Bath
  • 810 ft²
2758 78th Ave Se #410, Mercer Island, WA, 98040 Listing by Island Square

Frequently Asked Questions

What neighborhood is 2501 71st Avenue Southeast located in?
The 2501 71st Avenue Southeast is a located in the neighborhood of McGilvara in McGilvara, Mercer Island.
What is the average sales price for listings in 2501 71st Avenue Southeast?
The average sales price for units in 2501 71st Avenue Southeast is $0 currently.

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