NOT LISTED FOR SALE

7208 N Mercer Way Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $2,999,000 - $4,544,178

4 Beds
3 Baths
3,420 Sq Ft
$1,093/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $2,455,000 $718 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $23,480/month

4 Days on Market

Highlights

  • Spa
  • Lake View
  • Deck
  • Northwood Elementary School Rated A
  • Fruit Trees
  • 5-minute walk to Aubrey Davis Park

About This Home

As of March 2021

Enhance this unique blend of NW contemporary and mid century modern design or bring your vision and build your lake view dream home. Perched atop two contiguous tax lots the home takes full advantage of expansive Lake Washington views from almost every room. 3-car garage with parking pad and grassy area sit on lower lot. Current home features updated kitchen and awesome master suite. View deck and phenomenal patio with Japanese style garden and pools. Unbeatable Northwest corner of Mercer Island location. Add your desired finishing touches to this one-of-a-kind home or start fresh and build new. Will you love it or level it?

Last Agent to Sell the Property

Cliff Weiss

John L. Scott, Inc. License #130489 Listed on: 03/04/2021

John L. Scott, Inc.

Co-Listed By

Martin Weiss

John L. Scott, Inc. License #26872

Last Buyer's Agent

Lori Holden

John L. Scott, Inc. License #24368

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1735673

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,246

Year Built

  • Built in 1951

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced
  • Corner Lot
  • Terraced Lot
  • Fruit Trees
  • Garden
  • Property is zoned R-12

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Slab Foundation
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5315100025

Community Details

Overview

  • North End Community

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,246

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Hot Tub/Spa, Loft, Security System, Skylights, Vaulted Ceilings, Walk In Pantry
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.00
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Basement: Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3420
  • Square Footage Finished: 3420

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Cedar Shake
  • View: City, Lake, Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of MercerIsland
  • Water Heater: Upstairs & Main-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: North End
  • Project: McGilvras Island Addition
  • Community Features: Tennis Courts

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Lot Number: 4
  • Lot Details: Corner Lot, Dead End Street, Paved Street
  • Lot Sq Ft: 13463
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Partial Slope, Terraces
  • Parcel Number: 5315100025
  • Zoning Code: R-12
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Partial Slope, Terraces

Tax Info

  • Tax Amount: 18511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 16, 2021
Sold by
Rankin John W and Mouroux Denise R
Bought by
Masin Cindy and Masin Robert A
Seller's Agent
Cliff Weiss
John L. Scott, Inc.
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$1,950,000
Sold Price
$2,455,000
Premium/Discount to List
$505,000
25.9%
Total Days on Market
4
Current Estimated Value
$3,736,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,281,726
Avg. Annual Appreciation
10.44%
Original Mortgage
$867,908
Interest Rate
2.6%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Sep 20, 1993
Sold by
Fisher Jack L and Fisher Carol M
Bought by
Rankin John W and Mouroux Denise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.13%
Source: Public Records

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Range of Values:

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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
Masin Cindy $2,455,000 Fidelity National Title
Rankin John W $475,000 Transamerica Title Insurance
Rankin John W $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rankin John W $867,908
Previous Owner Rankin John W $292,860
Previous Owner Rankin John W $312,700
Previous Owner Rankin John W $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $2,455,000 +25.9% $718 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,950,000 -- $570 / 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 $31,246 $4,772,000 $1,503,000 $3,269,000
2023 $9,801 $3,222,000 $1,418,000 $1,804,000
2022 $11,585 $1,596,000 $1,596,000 $0
2021 $10,799 $2,553,000 $1,979,000 $574,000
2020 $11,328 $1,374,000 $971,000 $403,000
2018 $10,990 $1,403,000 $945,000 $458,000
2017 $9,594 $1,266,000 $855,000 $411,000
2016 $8,925 $1,178,000 $782,000 $396,000
2015 $8,605 $1,067,000 $708,000 $359,000
2014 -- $983,000 $655,000 $328,000
2013 -- $1,030,000 $720,000 $310,000
Source: Public Records

Agents Affiliated with this Home

  • Cliff Weiss

    Seller's Agent in 2021

    Cliff Weiss

    John L Scott

    (425) 417-4670

    2 in this area

    52 Total Sales

    Cliff Weiss
    Section Image
  • Martin Weiss

    Seller Co-Listing Agent in 2021

    Martin Weiss

    John L Scott

    (425) 417-9595

    2 in this area

    59 Total Sales

    Martin Weiss
    Section Image
  • Lori Holden

    Buyer's Agent in 2021

    Lori Holden

    John L Scott

    (206) 949-5674

    3 in this area

    101 Total Sales

    Lori Holden
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1735673

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0025

Washington King County Mercer Island 98040 North Mercer

7208 N Mercer Way, Mercer Island, WA

This home is located at 7208 N Mercer Way, Mercer Island, WA 98040 since 04 March 2021 and is currently estimated at $3,736,726, approximately $1,092 per square foot. This property was built in 1951. 7208 N Mercer Way is a home located in King County with nearby schools including Northwood 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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