NOT LISTED FOR SALE

7203 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,748,000 - $3,744,000

5 Beds
4 Baths
4,180 Sq Ft
$814/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $1,498,650 $359 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $20,448/month

4 Days on Market

About This Home

As of May 2013

This 5 bedroom, 3 bath home designed and built by Nova Homes is a premier property that highlights the best of modern design thought. Expansive windows allow light to intersect with warm natural materials on a modernist backdrop. Heated concrete floors give way to birch wood floors and reclaimed wood stairs. Open Modern spaces for entertaining are juxtaposed by rooms for quiet contemplation. Industrial and natural finishes combine to present the epitomy of Northwest Modern Living.

Last Listed By

Kirsten Robertson

Windermere Bellevue Commons License #23044 Listed on: 03/14/2013

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM459562

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$19,016

Year Built

2004

Lot Details

0

Listing Details

  • Condition: Very Good
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Jetted Tub, Loft, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 1
  • Floor: Concrete, Hardwood, Slate, Wall to Wall Carpet
  • Water Heater Location: Utility-Gas Boiler

Exterior Features

  • Homebuilder: Nova Homes
  • Exterior: Cement Planked, Cement/Concrete
  • Lot Details: Paved Street
  • Roof: Metal
  • Site Features: Cable TV, Deck, Full Fence, High Speed Internet, Patio
  • View: City, Lake, Mountain, Partial, Territorial

Garage/Parking

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

Utilities

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: High Efficiency (Unspecified), Radiant
  • Power Company: PSE
  • Sewer: Connected
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2013
Closed on
May 15, 2013
Sold by
Ruesch Diane L and Ruesch Alan
Bought by
Hsu Jeffrey J and Hsu Robyn Kimura
Seller's Agent
Kirsten Robertson
Windermere Bellevue Commons
Buyer's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
List Price
$1,498,650
Sold Price
$1,498,650
Total Days on Market
4
Current Estimated Value
$3,402,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,903,595
Avg. Annual Appreciation
7.39%
Original Mortgage
$400,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 23, 2012
Sold by
Ruesch Alan W
Bought by
Ruesch Diane L

Purchase Details

Closed on
Jan 12, 2005
Sold by
Nova Homes Llc
Bought by
Ruesch Alan W and Ruesch Diane L

Purchase Details

Closed on
Dec 16, 2002
Sold by
Malinoff Robert I
Bought by
Nova Homes Llc

Range of Values:

Collateral Analytics

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ICE

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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
Hsu Jeffrey J $1,498,650 Chicago Title
Ruesch Diane L -- None Available
Ruesch Alan W -- --
Nova Homes Llc $225,000 Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Jeffrey J $1,350,000
Closed Hsu Robyn Kimura $620,000
Closed Hsu Jeffrey J $500,000
Closed Hsu Robyn Kimura $350,000
Closed Hsu Jeffrey J $400,000
Previous Owner Ruesch Alan W $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $1,498,650 0.0% $359 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $1,498,650 -- $359 / 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 $19,016 $2,903,000 $1,227,000 $1,676,000
2023 $19,068 $2,779,000 $1,158,000 $1,621,000
2022 $17,112 $3,108,000 $1,303,000 $1,805,000
2021 $17,150 $2,323,000 $1,073,000 $1,250,000
2020 $17,501 $2,142,000 $1,022,000 $1,120,000
2018 $16,973 $2,168,000 $786,000 $1,382,000
2017 $14,816 $1,956,000 $711,000 $1,245,000
2016 $13,787 $1,820,000 $650,000 $1,170,000
2015 $13,282 $1,649,000 $589,000 $1,060,000
2014 -- $1,518,000 $545,000 $973,000
2013 -- $1,214,000 $515,000 $699,000
Source: Public Records

Agents Affiliated with this Home

  • Kirsten Robertson

    Seller's Agent in 2013

    Kirsten Robertson

    Windermere Corporate

    (425) 802-0414

    25 Total Sales

    Kirsten Robertson
    Section Image
  • Robyn Kimura-Hsu

    Buyer's Agent in 2013

    Robyn Kimura-Hsu

    Reaologics Sothebys International Realty

    (206) 295-2247

    7 in this area

    143 Total Sales

    Robyn Kimura-Hsu
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM459562

Northwest Multiple Listing Service (NWMLS)

APN: 252404-9102

Washington King County Mercer Island 98040 Island Point

7203 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7203 W Mercer Way, Mercer Island, WA 98040 since 14 March 2013 and is currently estimated at $3,402,245, approximately $813 per square foot. This property was built in 2004. 7203 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.