NOT LISTED FOR SALE

7036 W Mercer Way Mercer Island, WA 98040

Scalzo Scar Neighborhood

Estimated Value: $2,370,000 - $3,086,000

4 Beds
3 Baths
3,616 Sq Ft
$784/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $1,246,450 $345 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $16,934/month

19 Days on Market

About This Home

As of March 2014

An inspired & naturally illuminated 4 Bedroom, 3 bathroom, 3,616sf residence brought to a comfortable luxury with an extensive remodel. This home boasts open, flowing areas for entertaining inside and out, office, bonus room and view deck. A fantastic heart of the home featuring a properly equipped kitchen- Wolf Gas range, Miele Dishwasher & Sub-Zero fridge. Privately set upon an ample half acre on sought after Westside- the lake views will relax & inspire, the sunsets- should belong to a dream.

Last Agent to Sell the Property

Scott Richards

Windermere Real Estate/East License #17884 Listed on: 02/03/2014

Windermere Real Estate/East

Last Buyer's Agent

Andrea Iverson

Windermere Mercer Island License #74522

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM588800

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$15,286

Year Built

1955

Lot Details

0

Listing Details

  • Sq Ft Finished: 3616
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Features: 2nd Kitchen, Bath Off Master, Dining Room, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet

Exterior Features

  • Roof: Built-Up
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Built-Up
  • Site Features: Cable TV, Deck, Partial Fence, Patio
  • View: City, Lake, Mountain

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of MI
  • Water Company: City of MI
  • 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
Feb 3, 2014
Closed on
Mar 20, 2014
Sold by
Hartman Benjamin
Bought by
Iverson Andrea M and Iverson Jans
Seller's Agent
Scott Richards
Windermere Real Estate/East
Buyer's Agent
Andrea Iverson
Windermere Mercer Island
List Price
$1,300,000
Sold Price
$1,246,450
Premium/Discount to List
-$53,550
-4.12%
Current Estimated Value
$2,835,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,589,153
Avg. Annual Appreciation
7.56%
Original Mortgage
$746,450
Interest Rate
4.25%

Purchase Details

Closed on
Jul 7, 2008
Sold by
Hartman Rachel
Bought by
Hartman Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.31%

Purchase Details

Closed on
Jun 6, 2006
Sold by
Grimes Mary Ellen
Bought by
Hartman Benjamin and Hartman Rachel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.47%

Purchase Details

Closed on
Feb 20, 1997
Sold by
Hsue Kwai Shung and Hsue Lee Yuh
Bought by
Grimes Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
7.85%

Purchase Details

Closed on
Apr 9, 1993
Sold by
H & L Services Inc
Bought by
Hsue Kway Shung and Hsue Lee-Yuh
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
Iverson Andrea M $1,246,450 Chicago Title
Hartman Benjamin -- None Available
Hartman Benjamin $1,250,000 Chicago Title
Grimes Mary Ellen $540,000 Chicago Title Ins Co
Hsue Kway Shung $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iverson Jans $660,500
Closed Iverson Jans $668,033
Closed Iverson Andrea M $734,500
Closed Iverson Andrea M $746,450
Previous Owner Hartman Benjamin $500,000
Previous Owner Hartman Benjamin $500,000
Previous Owner Hartman Benjamin $200,000
Previous Owner Grimes Mary Ellen $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2014 03/26/14 Sold $1,246,450 -4.1% $345 / Sq Ft
02/23/2014 02/23/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $1,300,000 -- $360 / 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 $15,286 $2,333,000 $1,659,000 $674,000
2023 $15,382 $2,233,000 $1,566,000 $667,000
2022 $13,410 $2,498,000 $1,762,000 $736,000
2021 $13,439 $1,820,000 $1,451,000 $369,000
2020 $13,207 $1,678,000 $1,382,000 $296,000
2018 $12,811 $1,636,000 $1,203,000 $433,000
2017 $10,822 $1,476,000 $1,088,000 $388,000
2016 $10,070 $1,329,000 $995,000 $334,000
2015 $9,707 $1,204,000 $901,000 $303,000
2014 -- $1,109,000 $833,000 $276,000
2013 -- $992,000 $715,000 $277,000
Source: Public Records

Agents Affiliated with this Home

  • Scott Richards

    Seller's Agent in 2014

    Scott Richards

    Windermere Corporate

    (208) 622-2700

    1 in this area

    92 Total Sales

    Scott Richards
    Section Image
  • Andrea Iverson

    Buyer's Agent in 2014

    Andrea Iverson

    Windermere Corporate

    (206) 851-8056

    25 Total Sales

    Andrea Iverson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM588800

Northwest Multiple Listing Service (NWMLS)

APN: 252404-9051

Washington King County Mercer Island 98040 Scalzo Scar

7036 W Mercer Way, Mercer Island, WA

This home is located at 7036 W Mercer Way, Mercer Island, WA 98040 since 03 February 2014 and is currently estimated at $2,835,603, approximately $784 per square foot. This property was built in 1955. 7036 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.

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Based on information submitted to the MLS GRID

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