Listed by COMPASS, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

7035 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,633,000 - $4,123,000

4 Beds
1 Bath
3,800 Sq Ft
$1,012/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $2,435,000 $641 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $22,834/month

17 Days on Market

Highlights

  • In Ground Pool
  • RV Access or Parking
  • Fruit Trees
  • Lakeridge Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of December 2018

A fresh take on a modern farmhouse with views for days! Completely renovated and located on coveted Pear Tree Lane, this 4BR beauty combines sleek clean lines with a cozy inviting aesthetic. Nothing was left untouched. Walls of windows, rustic hardwoods, and an ideal floor-plan with main floor master. Dream kitchen! Soak in the ever-changing views of the lake, city and mountains. Gorgeous landscaping surrounds the home, complete with glimmering pool & spa. Built in ’77, reborn in ’18.

Last Agent to Sell the Property

Greg Rosenwald

COMPASS License #79606 Listed on: 10/23/2018

COMPASS

Last Buyer's Agent

Hedy Joyce

Coldwell Banker Bain License #47854

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1376906

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,126

Year Built

  • Built in 1977

Lot Details

  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • West Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 2524049254

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,126

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Fireplace In Mstr Br, High Tech Cabling, Hot Tub/Spa, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3800
  • Square Footage Finished: 3800

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Lake, Mountain
  • Pool: In-Ground

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of MI
  • Water Company: City of MI
  • Water Heater: Downstairs closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: West Mercer

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Corner Lot, Paved Street
  • Lot Sq Ft: 17668
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope
  • Parcel Number: 2524049254
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 12950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 30, 2018
Sold by
Graebel Relocation Services Worldwide In
Bought by
Shapiro Sterrett Mark Wilson and Shapiro Sterrett Rachael
Seller's Agent
Greg Rosenwald
COMPASS
Buyer's Agent
Hedy Joyce
Coldwell Banker Bain
List Price
$2,488,000
Sold Price
$2,435,000
Premium/Discount to List
-$53,000
-2.13%
Current Estimated Value
$3,844,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,409,359
Avg. Annual Appreciation
6.53%

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 29, 2018
Sold by
Barber Brandon Howard and Barber Hillary Dixon
Bought by
Graebel Relocation Services Worldwide In
Seller's Agent
Greg Rosenwald
COMPASS
Buyer's Agent
Hedy Joyce
Coldwell Banker Bain
List Price
$2,488,000
Sold Price
$2,435,000
Premium/Discount to List
-$53,000
-2.13%

Purchase Details

Listed on
Mar 28, 2018
Closed on
Mar 24, 2018
Sold by
Frost James L and Frost Marianne K
Bought by
Barber Brandon Howard and Barber Hillary Dixon
Seller's Agent
Doug McKiernan
Windermere Mercer Island
Buyer's Agent
Greg Rosenwald
COMPASS
List Price
$1,775,000
Sold Price
$1,775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.12%
Original Mortgage
$1,420,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Shapiro Sterrett Mark Wilson $2,435,000 First American Title
Graebel Relocation Services Worldwide In $2,435,000 First American Title
Barber Brandon Howard -- First American Title
Barber Brandon Howard $1,775,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shapiro Sterrett Mark Wilson $509,000
Previous Owner Barber Brandon Howard $1,420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $2,435,000 -2.1% $641 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $2,488,000 +40.2% $655 / Sq Ft
03/28/2018 03/28/18 Sold $1,775,000 0.0% $467 / Sq Ft
03/28/2018 03/28/18 For Sale $1,775,000 -- $467 / 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 $23,126 $3,531,000 $1,555,000 $1,976,000
2023 $23,273 $3,380,000 $1,467,000 $1,913,000
2022 $20,806 $3,780,000 $1,651,000 $2,129,000
2021 $19,494 $2,825,000 $1,359,000 $1,466,000
2020 $14,967 $2,568,000 $1,295,000 $1,273,000
2018 $12,950 $1,653,000 $794,000 $859,000
2017 $10,936 $1,492,000 $718,000 $774,000
2016 $10,178 $1,343,000 $657,000 $686,000
2015 $9,812 $1,217,000 $595,000 $622,000
2014 -- $1,121,000 $550,000 $571,000
2013 -- $877,000 $546,000 $331,000
Source: Public Records

Agents Affiliated with this Home

  • Doug McKiernan

    Seller's Agent in 2018

    Doug McKiernan

    Windermere Corporate

    (206) 369-3949

    1 in this area

    48 Total Sales

    Doug McKiernan
    Section Image
  • Greg Rosenwald

    Seller's Agent in 2018

    Greg Rosenwald

    COMPASS

    (206) 230-5445

    12 in this area

    131 Total Sales

    Greg Rosenwald
    Section Image
  • Hedy Joyce

    Buyer's Agent in 2018

    Hedy Joyce

    Coldwell Banker Bain

    (206) 406-7275

    23 Total Sales

    Hedy Joyce
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1376906

Northwest Multiple Listing Service (NWMLS)

APN: 252404-9254

Washington King County Mercer Island 98040 Island Point

7035 W Mercer Way, Mercer Island, WA

This home is located at 7035 W Mercer Way, Mercer Island, WA 98040 since 23 October 2018 and is currently estimated at $3,844,359, approximately $1,011 per square foot. This property was built in 1977. 7035 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) 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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