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2425 60th Avenue Southeast

2425 60th Avenue Southeast, Mercer Island, WA 98040
Property in East Seattle
Sold Apr 12, 2013
$2,925,000
$1,200,000 by Bank Of America Na
Mortgage Due Apr 08, 2028
Sold May 21, 2004
$2,100,000
$1,000,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2034
2425 60th Avenue Southeast has been categorized by the local assessors in Mercer Island, WA as a residential type of property. The building on the property was first built in 1939 and is 85 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2425 60th Avenue Southeast has 5,310 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 1,990 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 16,556 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 920 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Apr 8, 2013 for $2,925,000. That's $531.82 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2004 for $2,100,000. 2425 60th Avenue Southeast was last assessed in 2023. The total value of the property was assessed at $5,315,000. Specifically, the land the property is located on was valued at $3,368,000. While improvements on the property were assessed at a total of $1,947,000. 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 $36,585. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1939
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,990
  • Garage Type: Detached
  • Garage Square Area: 920
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 16,556
  • Total Building Area: 5,500
  • Gross Building Area: 5,500
  • Building Area: 5,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 5,310
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE VIEW PLACE EAST SEATTLE
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE VIEW PLACE EAST SEATTLE N 15 FT OF 10 & 13 ALL 9 & 14 & S 22.5 FT OF 8 & 15 & SH LDS ADJ

Ownership

  • Current Owner : ASHTON WARREN
  • Current Owner 2: ASHTON JILL
  • Previous Owner : LEE TOM
  • Previous Owner 2: LEE KATRINA
  • Owner Before Previous Owner: PARKEY JOHN E
  • Owner Before Previous Owner 2: PARKEY KAREN M
  • 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: 409950004500
  • District: MERCER ISLAN
  • Parcel: 409950-0045
  • Block: 1
  • Lot: POR
  • Meridian: SEC 11 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5883
  • Longitude: -122.254

    Address

  • Full Address: 2425 60th Ave Se
  • Address - House Number: 2425
  • Street Segment Direction: SE
  • Address - Street Name: 60th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C002
  • 4-Digit Zip Code: 2414
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $36,585
  • Tax Rate Code Area: 1031

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,950,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 12, 2013
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 08, 2028
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jan 29, 2015
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $750,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 23, 2039

    Market Valuation

  • Market Total Value: $5,315,000
  • Market Land Value: $3,368,000
  • Market Improvement Value: $1,947,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,315,000
  • Assessed Land Value: $3,368,000
  • Assessed Improvements Value: $1,947,000

    Sales

  • Current Sale Contract Date: Apr 08, 2013
  • Current Sale Recording Date: Apr 12, 2013
  • Current Sale Transaction ID: 1009333583
  • Current Sale Price: $2,925,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20130412001575
  • Previous Sale Recording Date: May 21, 2004
  • Previous Sale Contract Date: May 18, 2004
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 12, 2013
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 08, 2028

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 21, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About East Seattle



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Nearby Rentals

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

$4,216 /mo

  • 2 Beds
  • 2 Baths
  • 1,729 ft²
2758 78th Ave Se #207, Mercer Island, WA, 98040 Listing by Island Square

Frequently Asked Questions

What neighborhood is 2425 60th Avenue Southeast located in?
The 2425 60th Avenue Southeast is a located in the neighborhood of East Seattle in East Seattle, Mercer Island.
What is the average sales price for listings in 2425 60th Avenue Southeast?
The average sales price for units in 2425 60th Avenue Southeast is $0 currently.

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