Listed by John L. Scott, Inc., Bought with Real Residential
$525,000
SOLD SEP 24, 2014

3728 78th Ave SE Mercer Island, WA 98040

Mercerdale Neighborhood
3 Beds
2 Baths
1,560 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$337 Per Sq Ft

1% Above List Price

1 Day on Market

About This Home

As of March 2016

Opportunity knocks...LOUDLY! This home/lot presents a great possibility for new construction right in the heart of downtown Mercer Island! Located directly across the street from Mercerdale Park and is walking distance to West Mercer Elementary, Homestead Field, Starbuck's, The "Q", and anywhere else you need to be. Imagine summer nights in your NEW HOME, listening to the sounds of "Mostly Music In The Park" while the others play on the big toy! This time next year you could be moved in!

Last Agent to Sell the Property

Lou Glatz

John L. Scott, Inc. License #40375 Listed on: 08/16/2014

John L. Scott, Inc.

Co-Listed By

Lori Holden

John L. Scott, Inc. License #24368

Last Buyer's Agent

Steven Curran

Real Residential License #25594

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM683576

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$17,609

Year Built

1961

Lot Details

0

Listing Details

  • Condition: Fixer
  • Sq Ft Finished: 1560
  • Form 17: Exempt
  • Special Features: None
  • Year Built: 1961

Interior Features

  • Fireplaces: 1
  • Basement: Fully Finished
  • Fireplaces: 1
  • Floor: Hardwood, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street, Value In Land
  • Roof: Composition
  • Site Features: Full Fence
  • Lot Topography: Garden Space

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Heating and Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Schools

  • School District: MIS
  • Elementary School: West Mercer Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Feb 26, 2016
Sold by
Mn Custom M2n Llc
Bought by
Harper Jason and Harper Mariko Welch
Seller's Agent
Brad Cahill
Real Residential
Buyer's Agent
Kyle Moss
COMPASS
List Price
$1,698,000
Sold Price
$1,698,000
Current Estimated Value
$3,044,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,346,317
Avg. Annual Appreciation
5.03%
Original Mortgage
$1,545,180
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2014
Closed on
Sep 18, 2014
Sold by
Hagarty Ellan Stanhauer
Bought by
Mn Custom M2n Llc
Seller's Agent
Lou Glatz
John L. Scott, Inc.
Buyer's Agent
Steven Curran
Real Residential
List Price
$519,000
Sold Price
$525,000
Premium/Discount to List
$6,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.22%

Purchase Details

Closed on
May 25, 1983
Sold by
Steinhauer Evelyn $Er
Bought by
Steinhauer Evelyn
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,698,000 Chicago Title
Warranty Deed $525,000 Fidelity Natio
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,366,700 New Conventional
Closed $1,528,000 New Conventional
Closed $1,545,180 New Conventional
Previous Owner $955,700 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $1,698,000 0.0% $430 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $1,698,000 +223.4% $430 / Sq Ft
09/24/2014 09/24/14 Sold $525,000 +1.2% $337 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
08/16/2014 08/16/14 For Sale $519,000 -- $333 / 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 $17,609 $2,688,000 $1,022,000 $1,666,000
2023 $17,721 $2,573,000 $965,000 $1,608,000
2022 $15,846 $2,878,000 $1,086,000 $1,792,000
2021 $15,567 $2,151,000 $894,000 $1,257,000
2020 $16,980 $1,944,000 $852,000 $1,092,000
2018 $17,354 $2,216,000 $627,000 $1,589,000
2017 $15,149 $2,000,000 $567,000 $1,433,000
2016 $4,816 $1,861,000 $519,000 $1,342,000
2015 $4,645 $575,000 $470,000 $105,000
2014 -- $530,000 $435,000 $95,000
2013 -- $487,000 $450,000 $37,000
Source: Public Records

Agents Affiliated with this Home

  • Brad Cahill

    Seller's Agent in 2016

    Brad Cahill

    Real Residential

    (206) 930-4503

    1 in this area

    395 Total Sales

    Brad Cahill
    Section Image
  • Steven Curran

    Seller Co-Listing Agent in 2016

    Steven Curran

    Real Residential

    (425) 241-3583

    246 Total Sales

    Steven Curran
    Section Image
  • Kyle Moss

    Buyer's Agent in 2016

    Kyle Moss

    Avenue Properties

    (206) 448-8888

    125 Total Sales

    Kyle Moss
    Section Image
  • Lou Glatz

    Seller's Agent in 2014

    Lou Glatz

    John L Scott

    (206) 948-2591

    7 in this area

    34 Total Sales

    Lou Glatz
    Section Image
  • Lori Holden

    Seller Co-Listing Agent in 2014

    Lori Holden

    John L Scott

    (206) 949-5674

    14 in this area

    103 Total Sales

    Lori Holden
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM683576

Northwest Multiple Listing Service (NWMLS)

APN: 545900-0180

Washington King County Mercer Island 98040 Mercerdale

3728 78th Ave SE, Mercer Island, WA

This home is located at 3728 78th Ave SE, Mercer Island, WA 98040 and is currently priced at $525,000, approximately $336 per square foot. This property was built in 1961. 3728 78th Ave SE is a home located in King County with nearby schools including West Mercer 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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