NOT LISTED FOR SALE

Estimated Value: $1,688,000 - $1,926,000

3 Beds
2 Baths
2,140 Sq Ft
$836/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $1,650,000 $771 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,733/month

Highlights

  • Lake View
  • Fruit Trees
  • No HOA
  • Lakeridge Elementary School Rated A
  • Deck
  • 2 Car Detached Garage

About This Home

As of January 2024

This home is located at 7023 E Mercer Way, Mercer Island, WA 98040 since 26 January 2024 and is currently estimated at $1,788,141, approximately $835 per square foot. This property was built in 1941. 7023 E Mercer Way is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

Last Listed By

Rachel Lloyd

COMPASS License #21004407 Listed on: 01/26/2024

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2195063

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,829

Year Built

  • Built in 1941

Lot Details

  • 0.34 Acre Lot
  • Property is Fully Fenced
  • Fruit Trees
  • Garden

Parking

  • 2 Car Detached Garage

Property Views

  • Lake
  • Mountain
  • Territorial
  • Limited

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,140 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • East Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2581900125

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,829

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1941
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2140
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Living Area: 2140
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 2140
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Partial, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel Number: 2581900125
  • Land Lease: No
  • Lot Size Acres: 0.3357
  • Lot Size Sq Ft: 14624
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Multi Family

  • EnergySource: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Jan 18, 2024
Sold by
Saitta Christopher L
Bought by
Crosetto Family Trust and Benniger
Seller's Agent
Rachel Lloyd
COMPASS
Buyer's Agent
Rachel Lloyd
COMPASS
List Price
$1,650,000
Sold Price
$1,650,000
Total Days on Market
0
Views
6
Current Estimated Value
$1,788,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,141
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Sep 8, 2011
Sold by
Saitta Ceona
Bought by
Saitta Christopher L

Purchase Details

Closed on
Oct 7, 1997
Sold by
Giraud Hayward P
Bought by
Giraud Anne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.12%

Purchase Details

Closed on
May 18, 1992
Sold by
Hines Willian J and Hines Kathleen K
Bought by
Spence Schuyler D

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
Crosetto Family Trust $1,650,000 Chicago Title
Saitta Christopher L -- Chicago Title
Saitta Christopher L $655,000 Chicago Title
Giraud Anne N -- Transnation Title Insurance
Giraud Anne N $412,000 Transnation Title Insurance
Spence Schuyler D $322,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giraud Anne N $200,000
Previous Owner Giraud Anne M $200,000
Previous Owner Giraud Anne N $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $1,650,000 0.0% $771 / Sq Ft
01/26/2024 01/26/24 For Sale $1,650,000 -- $771 / 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 $9,829 $1,499,000 $1,115,000 $384,000
2023 $9,892 $1,435,000 $1,052,000 $383,000
2022 $8,848 $1,605,000 $1,184,000 $421,000
2021 $8,696 $1,200,000 $975,000 $225,000
2020 $9,481 $1,085,000 $929,000 $156,000
2018 $9,204 $1,174,000 $867,000 $307,000
2017 $8,041 $1,060,000 $784,000 $276,000
2016 $7,480 $987,000 $717,000 $270,000
2015 $7,207 $894,000 $649,000 $245,000
2014 -- $823,000 $600,000 $223,000
2013 -- $636,000 $558,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2195063

Northwest Multiple Listing Service (NWMLS)

APN: 258190-0125