Seller's Agent in 2021
Cliff Weiss
John L Scott
(425) 417-4670
2 in this area
54 Total Sales
7208 N Mercer Way Mercer Island, WA 98040
North Mercer NeighborhoodEstimated Value: $3,745,000 - $6,657,312
4
Beds
3
Baths
3,420
Sq Ft
$1,641/Sq Ft
Est. Value
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 2021Enhance 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
John L. Scott, Inc. License #130489 Listed on: 03/04/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1735673
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
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,677,453
Avg. Annual Appreciation
11.41%
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
-
Seller Co-Listing Agent in 2021
Martin Weiss
John L Scott
(425) 417-9595
2 in this area
59 Total Sales
-
Buyer's Agent in 2021
Lori Holden
John L Scott
(206) 949-5674
3 in this area
101 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1735673
APN: 531510-0025
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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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