NOT LISTED FOR SALE

7012 W Mercer Way Mercer Island, WA 98040

Scalzo Scar Neighborhood

Estimated Value: $2,824,000 - $3,424,000

4 Beds
4 Baths
3,750 Sq Ft
$847/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $1,398,000 $373 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $19,069/month

44 Days on Market

About This Home

As of November 2013

PRICE REDUCED!!! VERY AFFORDABLE, VIEW HOME with 4 bdrm, 3.25 bath, 3 car garage & 2 car extra prkg pad. Lushly landscaped w/metal art sculptures on a 1/2 acre + lot. Entertain on your sprawling decks looking over the lighted sport court. Cook it up in your gourmet kit w/highend appliances, butler pantry w/beverage fridge & wine rack. Stay cool with 2 A/C units. Watch a game or movies in media room w/convenient mini-fridge for snacks & drinks. Whole house speakers, alarm sys, CAT 5, Murphy bed.

Last Listed By

Debbie Barbara

COMPASS License #88719 Listed on: 08/25/2013

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM535920

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$17,622

Year Built

2000

Lot Details

0

Listing Details

  • Sq Ft Finished: 3750
  • Form 17: Provided
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 3
  • Basement: Daylight, Fully Finished
  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 3
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Athletic Court, Cable TV, Deck, Dog Run, Partial Fence, Natural Gas Available, High Speed Internet, Patio, Sprinkler System
  • View: City, Lake
  • Lot Topography: Garden Space, Partial Slope, Sloped, Terraces

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Central A/C, Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air
  • Sewer: Connected
  • Water Source: Public

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2013
Closed on
Nov 1, 2013
Sold by
Lang Gary T and Lang Leeanne M
Bought by
Ashberg Jay and Hartman Rachel
Seller's Agent
Debbie Barbara
COMPASS
Buyer's Agent
Jane Potashnick
Coldwell Banker Bain
List Price
$1,499,998
Sold Price
$1,398,000
Premium/Discount to List
-$101,998
-6.8%
Total Days on Market
44
Current Estimated Value
$3,174,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,776,608
Avg. Annual Appreciation
7.79%
Original Mortgage
$800,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2009
Sold by
Redmond Connie Clark and Redmond Kirk R
Bought by
Lang Gary T and Lang Leeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.02%

Purchase Details

Closed on
Jun 27, 2000
Sold by
Campbell Duncan Foss and Campbell Janet Keating
Bought by
Redmond Kirk R and Redmond Connie Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.95%

Purchase Details

Closed on
May 27, 1992
Sold by
Campbell Janet Keating
Bought by
Campbell Janet Keating and Campbell Duncan

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
Ashberg Jay $1,398,000 Rainier Title
Lang Gary T $1,725,000 Chicago Title
Redmond Kirk R $1,125,000 Transnation Title Insurance
Campbell Janet Keating -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashberg Jay $500,000
Closed Ashberg Jay $713,000
Closed Ashberg Jay $500,000
Closed Ashberg Jay $250,000
Closed Ashberg Jay $800,000
Previous Owner Lang Gary T $966,700
Previous Owner Lang Gary T $988,900
Previous Owner Lang Gary T $282,000
Previous Owner Lang Gary T $1,000,000
Previous Owner Redmond Kirk R $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2013 11/26/13 Sold $1,398,000 0.0% $373 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
10/05/2013 10/05/13 Price Changed $1,398,000 -6.8% $373 / Sq Ft
08/25/2013 08/25/13 For Sale $1,499,998 -- $400 / 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 $17,622 $2,690,000 $1,675,000 $1,015,000
2023 $17,735 $2,575,000 $1,581,000 $994,000
2022 $14,529 $2,880,000 $1,779,000 $1,101,000
2021 $14,567 $1,972,000 $1,465,000 $507,000
2020 $14,612 $1,819,000 $1,396,000 $423,000
2018 $14,172 $1,810,000 $1,130,000 $680,000
2017 $11,969 $1,633,000 $1,022,000 $611,000
2016 $11,139 $1,470,000 $935,000 $535,000
2015 $10,738 $1,332,000 $847,000 $485,000
2014 -- $1,227,000 $783,000 $444,000
2013 -- $1,140,000 $715,000 $425,000
Source: Public Records

Agents Affiliated with this Home

  • Debbie Barbara

    Seller's Agent in 2013

    Debbie Barbara

    COMPASS

    (206) 300-6077

    75 Total Sales

    Debbie Barbara
    Section Image

  • J

    Buyer's Agent in 2013

    Jane Potashnick

    Coldwell Banker Bain

    (206) 953-8672

    7 Total Sales

    Jane Potashnick
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM535920

Northwest Multiple Listing Service (NWMLS)

APN: 252404-9021

Washington King County Mercer Island 98040 Scalzo Scar

7012 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7012 W Mercer Way, Mercer Island, WA 98040 since 25 August 2013 and is currently estimated at $3,174,608, approximately $846 per square foot. This property was built in 2000. 7012 W Mercer Way is a home located in King County with nearby schools including Lakeridge 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.