NOT LISTED FOR SALE

2283 78th Ave SE Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $2,252,000 - $3,652,325

6 Beds
4 Baths
4,725 Sq Ft
$625/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $1,125,000 $238 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $17,924/month

79 Days on Market

About This Home

As of July 2013

Two story Craftsman with full basement on the north end of Mercer Island. 6 bedrooms, 4 baths, two kitchens, main floor den or guest room, hardwoods, designer tiles, stainless appliances, level gardens and an easy walk to downtown Mercer Island. Versatile spaces for guests or at home offices plus legal ADU for investment income. Price per square foot is amazing!

Last Agent to Sell the Property

Jane Potashnick

Coldwell Banker Bain License #38566 Listed on: 03/19/2013

Coldwell Banker Bain

Last Buyer's Agent

Lori Holden

John L. Scott, Inc. License #24368

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM461350

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2013
Closed on
Jul 24, 2013
Sold by
Wallin Stewart T and Wallin Tomoko A
Bought by
Franklin Erica R and Rogers Jason M
Seller's Agent
Jane Potashnick
Coldwell Banker Bain
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$1,125,000
Sold Price
$1,125,000
Total Days on Market
79
Current Estimated Value
$2,950,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,825,831
Avg. Annual Appreciation
8.46%
Original Mortgage
$700,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Wallin Stewart T and Wallin Tomoko A
Bought by
Wallin Stewart T and Wallin Tomoko A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 6, 2005
Sold by
Wallin Stewart T and Wallin Tomoko A
Bought by
Wallin Stewart T and Wallin Tomoko A

Purchase Details

Closed on
Jun 17, 2002
Sold by
Snellenberg Rebecca S
Bought by
Wallin Stewart T and Wallin Tomoko A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
6.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 19, 2000
Sold by
Gibson Karen D
Bought by
Snellenberg Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
7.37%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Franklin Erica R $1,125,000 Fidelity Natio
Wallin Stewart T -- Ticor National
Wallin Stewart T -- --
Wallin Stewart T $419,000 Washington Title
Snellenberg Rebecca S $399,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Erica R $683,000
Closed Franklin Erica R $700,000
Previous Owner Wallin Stewart T $670,000
Previous Owner Wallin Stewart T $650,000
Previous Owner Wallin Stewart T $360,000
Previous Owner Wallin Stewart T $351,000
Previous Owner Snellenberg Rebecca S $319,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $1,125,000 0.0% $238 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $1,125,000 -- $238 / 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 $16,313 $2,490,000 $1,145,000 $1,345,000
2023 $16,414 $2,383,000 $1,081,000 $1,302,000
2022 $14,676 $2,665,000 $1,217,000 $1,448,000
2021 $14,423 $1,992,000 $1,002,000 $990,000
2020 $14,588 $1,801,000 $955,000 $846,000
2018 $14,155 $1,807,000 $757,000 $1,050,000
2017 $12,360 $1,631,000 $685,000 $946,000
2016 $11,498 $1,518,000 $627,000 $891,000
2015 $11,079 $1,375,000 $568,000 $807,000
2014 -- $1,266,000 $525,000 $741,000
2013 -- $1,396,000 $538,000 $858,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jane Potashnick

    Coldwell Banker Bain

    (206) 953-8672

    7 Total Sales

    Jane Potashnick
    Section Image
  • Lori Holden

    Buyer's Agent in 2013

    Lori Holden

    John L Scott

    (206) 949-5674

    3 in this area

    103 Total Sales

    Lori Holden
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM461350

Northwest Multiple Listing Service (NWMLS)

APN: 531510-1827

Washington King County Mercer Island 98040 North Mercer

2283 78th Ave SE, Mercer Island, WA

This home is located at 2283 78th Ave SE, Mercer Island, WA 98040 since 19 March 2013 and is currently estimated at $2,950,831, approximately $624 per square foot. This property was built in 2006. 2283 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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