NOT LISTED FOR SALE

2258 78th Ave SE Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $3,094,000 - $3,915,000

3 Beds
2 Baths
1,610 Sq Ft
$2,257/Sq Ft Est. Value

Last Sold April 01, 2014

Last sale price $640,200 $398 Per Sq Ft

Est. 468% increase in value since last sale

Current estimated payment $22,199/month

51 Days on Market

About This Home

As of April 2014

Great opportunity to remodel or build your dream home in North Mercer Island! Great location, just minutes to freeway (I-90), park and ride, shopping and park, yet very quiet. Do not miss this oppotunity!

Last Agent to Sell the Property

Hideo Suganuma

Kohtoku Enterprise Inc. License #13261 Listed on: 10/29/2013

Co-Listed By

Arthur Uchida

Kohtoku Enterprise Inc. License #113144

Last Buyer's Agent

Robert Parmar

Summerfield Commercial

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM560558

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Parmar Robert and Parmar Arpita S
Bought by
Parmar Robert and Parmar Arpita S
Total Days on Market
51
Current Estimated Value
$3,634,359

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 29, 2014
Sold by
Gordon Helen E
Bought by
Parmar Robert and Swami Arpita
Seller's Agent
Hideo Suganuma
Kohtoku Enterprise Inc.
Buyer's Agent
Robert Parmar
Summerfield Commercial
List Price
$710,000
Sold Price
$640,200
Premium/Discount to List
-$69,800
-9.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$440,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1973
Sold by
Logan Gordon A and Logan Joan G
Bought by
Gordon Leroy and Gordon Helen E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Parmar Robert -- Tpn
Parmar Robert $640,200 First American
Gordon Leroy $13,500 Security Title Insurance Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parmar Robert $1,260,000
Closed Parmar Robert $440,000
Previous Owner Gordon Leroy $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2014 04/01/14 Sold $640,200 -9.8% $398 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $710,000 +10.9% $441 / Sq Ft
11/10/2013 11/10/13 Off Market $640,200 -- --
10/29/2013 10/29/13 For Sale $710,000 -- $441 / 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 $21,575 $3,294,000 $1,225,000 $2,069,000
2023 $21,225 $3,094,000 $1,156,000 $1,938,000
2022 $19,047 $3,460,000 $1,301,000 $2,159,000
2021 $18,286 $2,586,000 $1,071,000 $1,515,000
2020 $21,377 $2,284,000 $1,020,000 $1,264,000
2018 $20,736 $2,649,000 $794,000 $1,855,000
2017 $18,102 $2,390,000 $718,000 $1,672,000
2016 $11,748 $2,224,000 $657,000 $1,567,000
2015 $4,934 $1,405,000 $595,000 $810,000
2014 -- $563,000 $550,000 $13,000
2013 -- $581,000 $538,000 $43,000
Source: Public Records

Agents Affiliated with this Home

  • Hideo Suganuma

    Seller's Agent in 2014

    Hideo Suganuma

    Kohtoku Enterprise Inc.

    (206) 612-0425

    58 Total Sales

    Hideo Suganuma
    Section Image

  • A

    Seller Co-Listing Agent in 2014

    Arthur Uchida

    Kohtoku Enterprise Inc.

    Section Image

  • R

    Buyer's Agent in 2014

    Robert Parmar

    Summerfield Commercial

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM560558

Northwest Multiple Listing Service (NWMLS)

APN: 531510-1695

Washington King County Mercer Island 98040 North Mercer

2258 78th Ave SE, Mercer Island, WA

This home is located at 2258 78th Ave SE, Mercer Island, WA 98040 since 29 October 2013 and is currently estimated at $3,634,359, approximately $2,257 per square foot. This property was built in 1925. 2258 78th Ave SE is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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