Listed by Skyline Properties, Inc., Bought with AgencyOne
NOT LISTED FOR SALE

7108 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $1,775,185 - $2,152,000

4 Beds
3 Baths
2,400 Sq Ft
$821/Sq Ft Est. Value

Last Sold September 11, 2017

Last sale price $1,150,000 $479 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $11,142/month

66 Days on Market

Highlights

  • Lake View
  • Craftsman Architecture
  • Wood Flooring
  • Lakeridge Elementary School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of September 2017

Beautifully remodeled craftsman with gorgeous lake views! Enjoy new windows, electrical plumbing systems, new concrete driveway, new deck and so much more. Designer kitchen with stainless appliance and a microwave drawer oven. The master suite is situated on the main-level with two other bedrooms, while the lower level features a separate guest room, a large rec room with wet bar perfect for gathering, extra storage space in laundry room. Located near shops, parks, in top-rated school district.

Last Agent to Sell the Property

April Bing

Skyline Properties, Inc. License #125678 Listed on: 05/18/2017

Skyline Properties, Inc.

Last Buyer's Agent

Jenny Goh

AgencyOne

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1123246

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,233

Year Built

  • Built in 1947

Lot Details

  • Property is Fully Fenced
  • Garden
  • Property is zoned R-8.4

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3 Bathrooms
  • 2 Fireplaces
  • Wood Flooring
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 2580100075

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,233

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Dbl Pane/Storm Windw, Dining Room, Skylights, Walk-In Closet
  • Floor Covering: Hardwood
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms Main: 2
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2400
  • Square Footage Finished: 2400

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Available
  • Water Heater: Basement-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End
  • Project: 3

Schools

  • School District: MIS

Lot Info

  • Lot Number: 8-9
  • Lot Sq Ft: 9116
  • Lot Topography Vegetation: Garden Space
  • Parcel Number: 2580100075
  • Zoning Code: R-8.4
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space

Tax Info

  • Tax Amount: 4978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Sep 5, 2017
Sold by
Zjw Llc
Bought by
Gong Jian and Feng Yuan
Seller's Agent
April Bing
Skyline Properties, Inc.
Buyer's Agent
Jenny Goh
AgencyOne
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Current Estimated Value
$1,970,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,046
Avg. Annual Appreciation
6.78%
Original Mortgage
$830,000
Outstanding Balance
$687,829
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,282,217

Purchase Details

Closed on
Jun 6, 2016
Sold by
Phillips Raymond L
Bought by
Zjw Llc

Purchase Details

Closed on
Oct 15, 1985
Sold by
Agudo Ramon
Bought by
Phillips Raymond L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gong Jian $1,150,000 Wfg Natl Title Co Of Wa Llc
Zjw Llc $750,000 Chicago Title
Phillips Raymond L $109,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gong Jian $830,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2017 09/11/17 Sold $1,150,000 0.0% $479 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/26/2017 07/26/17 Price Changed $1,150,000 -4.0% $479 / Sq Ft
06/30/2017 06/30/17 Price Changed $1,198,000 -4.2% $499 / Sq Ft
05/25/2017 05/25/17 For Sale $1,250,000 -- $521 / 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 $9,233 $1,408,000 $1,034,000 $374,000
2023 $9,293 $1,348,000 $976,000 $372,000
2022 $8,105 $1,508,000 $1,098,000 $410,000
2021 $7,968 $1,099,000 $904,000 $195,000
2020 $7,547 $994,000 $861,000 $133,000
2018 $7,322 $934,000 $663,000 $271,000
2017 $5,365 $843,000 $600,000 $243,000
2016 $4,991 $658,000 $549,000 $109,000
2015 $4,812 $596,000 $497,000 $99,000
2014 -- $549,000 $460,000 $89,000
2013 -- $561,000 $519,000 $42,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    April Bing

    Skyline Properties, Inc

    (206) 388-9228

    11 Total Sales

    April Bing
    Section Image
  • Jenny Goh

    Buyer's Agent in 2017

    Jenny Goh

    AgencyOne Realty

    (425) 227-9200

    29 Total Sales

    Jenny Goh
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1123246

Northwest Multiple Listing Service (NWMLS)

APN: 258010-0075

Washington King County Mercer Island 98040 Tarywood

7108 E Mercer Way, Mercer Island, WA

Not Listed for Sale

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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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