Listed by COMPASS, Bought with Windermere Mercer Island
NOT LISTED FOR SALE

6761 W Mercer Way Mercer Island, WA 98040

Lakeview Highlands Neighborhood

Estimated Value: $3,261,000 - $9,723,000

3 Beds
3 Baths
4,580 Sq Ft
$1,616/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $3,500,000 $764 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $43,641/month

356 Days on Market

About This Home

As of May 2013

Earth, Sea & Sky on Mercer Island. Falling water greets you at this Zen-like retreat. A collaboration of an earthly palette & rich textures on over 1/3 of an acre with 100 ft of waterfront. A floor to ceiling fireplace dressed in Jura Beige limestone. Beautiful walnut hardwoods. A true epicurean kitchen rivals any cooking show set. Smart home automation allows for complete customization. The master suite offers a restful retreat. Clean, graceful lines & prized waterfront. Alluring in every way.

Last Agent to Sell the Property

Tere Foster

COMPASS License #7690 Listed on: 03/23/2012

COMPASS

Last Buyer's Agent

Larry Williams

Windermere Mercer Island License #74738

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM334770

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$52,854

Year Built

2006

Lot Details

0

Listing Details

  • Condition: Very Good
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Basement: Daylight, Fully Finished
  • Features: Wet Bar, Wired for Generator, Bath Off Master, Double Pane/Storm Window, Dining Room, High Tech Cabling, Security System, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 1
  • Floor: Bamboo/Cork, Hardwood, Wall to Wall Carpet

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Tile
  • Site Features: Cable TV, Deck, Dock, Full Fence, Natural Gas Available, High Speed Internet, Patio, Shop, Sprinkler System
  • View: Lake
  • Waterfront: Low Bank, Bulkhead, Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Spaces: 2

Utilities

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Heat Pump, Radiant
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2017
Sold by
Vedder Nicholas B and Heckbert Susan R
Bought by
Vedder Nicholas B and Heckbert Susan R
Current Estimated Value
$7,400,529

Purchase Details

Listed on
Mar 23, 2012
Closed on
May 20, 2013
Sold by
Ismon Joyce and Ismon Joyce M
Bought by
Vedder Nicholas B and Heckbert Susan R
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Larry Williams
Windermere Mercer Island
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$1,750,000
Outstanding Balance
$428,684
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$6,179,333

Purchase Details

Closed on
Aug 30, 2005
Sold by
Hanson Robert C and Hanson Victoria M
Bought by
Ismon Tom and Ismon Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,632,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Vedder Nicholas B -- None Available
Vedder Nicholas B $3,500,000 Chicago Title
Ismon Tom $3,290,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vedder Nicholas B $1,750,000
Previous Owner Ismon Tom $2,632,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2013 05/22/13 Sold $3,500,000 0.0% $764 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/23/2012 03/23/12 For Sale $3,500,000 -- $764 / 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 $52,854 $8,074,000 $4,953,000 $3,121,000
2023 $52,181 $7,582,000 $4,673,000 $2,909,000
2022 $45,435 $8,479,000 $5,257,000 $3,222,000
2021 $43,610 $6,172,000 $4,327,000 $1,845,000
2020 $40,558 $6,073,000 $4,121,000 $1,952,000
2018 $42,084 $5,027,000 $3,850,000 $1,177,000
2017 $41,933 $4,852,000 $3,702,000 $1,150,000
2016 $39,004 $4,515,000 $3,384,000 $1,131,000
2015 $37,573 $4,668,000 $3,063,000 $1,605,000
2014 -- $4,297,000 $2,831,000 $1,466,000
2013 -- $3,580,000 $2,702,000 $878,000
Source: Public Records

Agents Affiliated with this Home

  • Tere Foster

    Seller's Agent in 2013

    Tere Foster

    COMPASS

    (425) 637-8373

    403 Total Sales

    Tere Foster
    Section Image
  • Larry Williams

    Buyer's Agent in 2013

    Larry Williams

    Windermere Corporate

    (425) 445-9870

    11 Total Sales

    Larry Williams
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM334770

Northwest Multiple Listing Service (NWMLS)

APN: 252404-9248

Washington King County Mercer Island 98040 Lakeview Highlands

6761 W Mercer Way, Mercer Island, WA

This home is located at 6761 W Mercer Way, Mercer Island, WA 98040 since 23 March 2012 and is currently estimated at $7,400,529, approximately $1,615 per square foot. This property was built in 2006. 6761 W Mercer Way is a home located in King County with nearby schools including Island Park 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.

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Based on information submitted to the MLS GRID

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