5432 Parkwood Lane

5432 Parkwood Lane in Mercer Island, WA was first built in 1965 and is 59 years old. Although, the building on the property was most recently renovated and altered in 1992. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5432 Parkwood Lane has 2,560 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. In total, the area measurement of the land is 30,940 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 510 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 average. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5432 Parkwood Lane was last sold in Nov 8, 2021 for $1,900,000. According to our calculations, that's $574.02 per sqft. Current property owners are expected to pay $14,102 in taxes per year. The property on 5432 Parkwood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,047,000. To break that down further, the land itself was valued at $1,308,000. While improvements to the property were assessed at a total of $739,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.