NOT LISTED FOR SALE

2007 70th Ave SE Mercer Island, WA 98040

Estimated Value: $2,689,000 - $3,047,000

4 Beds
1 Bath
2,990 Sq Ft
$959/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $2,280,000 $763 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $16,482/month

Highlights

  • RV Access or Parking
  • Lake View
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Deck
  • 4-minute walk to Aubrey Davis Park

About This Home

As of August 2021

Location ^3 on the north end of the Island! The easiest access to I-90, great commute to Bellevue and Seattle via car, bike or transit. Entertain friends with BBQ while guests relax on huge deck with views of the lake, downtown Seattle & flaming sunsets. Rare find of flat sunny lot, perfect for gardening & summer sports on this cul-de-sac. Master suites on both main and upper floors. Two bedrooms on the lower level or use one as an office. Spacious family room and wet bar welcome movie night. A/C provides comfort in this heat wave. Lots of upgrades: New Roof, furnace, kitchen fan, raised bed, new path and patio, exterior and interior paint, wool carpets & new blinds. Playground & tennis court, baseball field within blocks! Love love it!

Last Agent to Sell the Property

Lilly Xiao

Mehome Seattle Realty, LLC License #26892 Listed on: 06/29/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1799805

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,280

Year Built

  • Built in 1952

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot
  • Level Lot
  • Garden

Property Views

  • Lake
  • City
  • Territorial

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • North End Community

Listing and Financial Details

  • Assessor Parcel Number 7355700140

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,280

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: G
  • Entrance Level: Main
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, French Doors, Skylights, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2990
  • Square Footage Finished: 2990

Exterior Features

  • Exterior: Wood
  • Foundation: Slab
  • Roof: Composition
  • View: City, Lake, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Basement Closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: North End

Schools

  • Elementary School: Buyer To Verify
  • School District: SEA

Lot Info

  • Lot Details: Corner Lot, Cul-De-Sac, Dead End Street
  • Lot Sq Ft: 14460
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 7355700140
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 11652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2022
Sold by
Chen and Xiaochun
Bought by
Jun Chen And Xiaochun Wang Family Revocable T and Fam Xiaochun
Current Estimated Value
$2,868,711

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jul 29, 2021
Sold by
Luo Yuanxia
Bought by
Chen Jun and Wang Xiaochun
Seller's Agent
Lilly Xiao
Mehome Seattle Realty, LLC
List Price
$2,195,000
Sold Price
$2,280,000
Premium/Discount to List
$85,000
3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 22, 2017
Sold by
Usibelli Catherine
Bought by
Luo Yuanxia
Seller's Agent
Peggy Watkins
Coldwell Banker Bain
Buyer's Agent
Lilly Xiao
Mehome Seattle Realty, LLC
List Price
$1,780,000
Sold Price
$1,680,000
Premium/Discount to List
-$100,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Aug 29, 2003
Sold by
Krassner Francis S
Bought by
Usibelli Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Krassner Francis S
Bought by
Krassner Francis S

Purchase Details

Closed on
Aug 8, 1986
Sold by
Friedlander Corrine
Bought by
Krassner Frank S and Jo Belle
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jun Chen And Xiaochun Wang Family Revocable T $313 Chang Law Group Pc
Chen Jun $2,280,000 First American Title
Luo Yuanxia $1,680,000 Chicago Title
Usibelli Catherine $860,000 Transnation Ti
Krassner Francis S -- --
Krassner Frank S $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Usibelli Catherine $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $2,280,000 +3.9% $763 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $2,195,000 +30.7% $734 / Sq Ft
06/30/2017 06/30/17 Sold $1,680,000 -5.6% $562 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $1,780,000 -- $595 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,280 $2,332,000 $1,502,000 $830,000
2023 $15,086 $2,190,000 $1,417,000 $773,000
2022 $13,153 $2,450,000 $1,594,000 $856,000
2021 $12,423 $1,785,000 $1,312,000 $473,000
2020 $11,652 $1,551,000 $1,250,000 $301,000
2018 $11,302 $1,443,000 $974,000 $469,000
2017 $9,545 $1,302,000 $881,000 $421,000
2016 $8,883 $1,172,000 $806,000 $366,000
2015 $8,562 $1,062,000 $730,000 $332,000
2014 -- $978,000 $675,000 $303,000
2013 -- $961,000 $634,000 $327,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1799805

Northwest Multiple Listing Service (NWMLS)

APN: 735570-0140