Seller's Agent in 2022
Sheri Li
Avenue Properties
(206) 683-6027
1 in this area
26 Total Sales
Listed by COMPASS, Bought with Skyline Properties, Inc.
7216 SE 24th St Mercer Island, WA 98040
First Hill NeighborhoodEstimated Value: $1,757,000 - $1,951,000
4
Beds
2
Baths
2,040
Sq Ft
$898/Sq Ft
Est. Value
Highlights
- Deck
- Contemporary Architecture
- Vaulted Ceiling
- Northwood Elementary School Rated A
- Property is near public transit
- 4-minute walk to Aubrey Davis Park
About This Home
As of March 2022Cozy Mid-Century Rambler in sought-after First Hill. Strolls to the bustling downtown, future link station and pleasant trails and tennis court in Aubrey Davis Park, the convenient location is one of a few still affordable. The Move-In-Ready one level home (2040sf) was renovated in 2000 with thoughtful design, high vaulted ceiling in western addition, rows of high windows to let morning sun light flow, recess lights in all rooms, primary BR open to an office/bedroom and two jetted bathtubs. More updates in 2019 covers SS kitchen appliances, nice closet doors, window blinds and privacy film. AC. Fully fenced, private and level back yard with partial views of both Seattle and Bellevue. Two story permit drawing and application fees are bonus.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1886232
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,718
Year Built
- Built in 1955
Lot Details
- 7,924 Sq Ft Lot
- East Facing Home
- Property is Fully Fenced
- Level Lot
- Property is in good condition
Parking
- 1 Car Attached Garage
Home Design
- Contemporary Architecture
- Slab Foundation
- Composition Roof
- Bitumen Roof
- Stone Siding
- Wood Composite
Interior Spaces
- 2,040 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- 1 Fireplace
- French Doors
- Dining Room
- Storm Windows
- Property Views
Kitchen
- Oven or Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
Community Details
- No Home Owners Association
- First Hill Subdivision
Listing and Financial Details
- Legal Lot and Block 11 / 4
- Assessor Parcel Number 5315100279
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2022
Closed on
Mar 2, 2022
Sold by
Lihua Li Trust
Bought by
Cheng Chengyuan
Seller's Agent
Sheri Li
COMPASS
Buyer's Agent
Tony Lee
Skyline Properties, Inc.
List Price
$1,900,000
Sold Price
$1,950,000
Premium/Discount to List
$50,000
2.63%
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
-$118,250
Avg. Annual Appreciation
-1.74%
Original Mortgage
$955,500
Outstanding Balance
$892,745
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$939,005
Purchase Details
Closed on
Oct 21, 2020
Sold by
Li Lihua
Bought by
Lihua Li Trust and Li
Purchase Details
Listed on
Mar 6, 2018
Closed on
Apr 5, 2018
Sold by
Zhao Junwu and Li Linua
Bought by
Li Lihua
Seller's Agent
Sheri Li
COMPASS
Buyer's Agent
Yuqing Doty
Windermere Bellevue Commons
List Price
$1,198,000
Sold Price
$1,295,000
Premium/Discount to List
$97,000
8.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$555,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 6, 2018
Closed on
Apr 3, 2018
Sold by
Cox Florence K
Bought by
Li Lihua
Seller's Agent
Sheri Li
COMPASS
Buyer's Agent
Yuqing Doty
Windermere Bellevue Commons
List Price
$1,198,000
Sold Price
$1,295,000
Premium/Discount to List
$97,000
8.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2016
Sold by
Chang Kevin Kw and Chang Florence K
Bought by
Cox Florence K
Purchase Details
Closed on
Feb 10, 2003
Sold by
Carstens Fumie A
Bought by
Chang Kevin and Chang Florence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.76%
Purchase Details
Closed on
May 7, 1997
Sold by
Beinus Arkadi and Beinus Khaya
Bought by
Carstens Fumie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.15%
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 |
|---|---|---|---|
| Cheng Chengyuan | $1,950,000 | Old Republic Title | |
| Lihua Li Trust | $313 | None Listed On Document | |
| Li Lihua | -- | Rainier Title | |
| Li Lihua | $1,295,000 | Rainier Title | |
| Cox Florence K | -- | None Available | |
| Chang Kevin | $439,900 | Transnation Ti | |
| Carstens Fumie A | $235,000 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cheng Chengyuan | $955,500 | |
| Previous Owner | Li Lihua | $555,000 | |
| Previous Owner | Chang Kevin | $322,700 | |
| Previous Owner | Carstens Fumie A | $55,000 | |
| Closed | Chang Kevin | $73,210 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2022 03/10/22 | Sold | $1,950,000 | +2.6% | $956 / Sq Ft | |
| 02/13/2022 02/13/22 | Pending | -- | -- | -- | |
| 02/09/2022 02/09/22 | For Sale | $1,900,000 | +46.7% | $931 / Sq Ft | |
| 04/12/2018 04/12/18 | Sold | $1,295,000 | +8.1% | $635 / Sq Ft | View Prior Sale |
| 03/12/2018 03/12/18 | Pending | -- | -- | -- | |
| 03/06/2018 03/06/18 | For Sale | $1,198,000 | -- | $587 / 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 | $9,613 | $1,466,000 | $996,000 | $470,000 |
| 2023 | $9,641 | $1,403,000 | $940,000 | $463,000 |
| 2022 | $8,657 | $1,570,000 | $1,058,000 | $512,000 |
| 2021 | $8,680 | $1,174,000 | $871,000 | $303,000 |
| 2020 | $8,984 | $1,083,000 | $830,000 | $253,000 |
| 2018 | $8,718 | $1,112,000 | $649,000 | $463,000 |
| 2017 | $7,618 | $1,004,000 | $587,000 | $417,000 |
| 2016 | $7,088 | $935,000 | $537,000 | $398,000 |
| 2015 | $6,831 | $847,000 | $486,000 | $361,000 |
| 2014 | -- | $780,000 | $450,000 | $330,000 |
| 2013 | -- | $589,000 | $462,000 | $127,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sheri Li
-
Tony Lee
T
Buyer's Agent in 2022
Tony Lee
Skyline Properties, Inc
(206) 226-8808
1 in this area
6 Total Sales
-
Y
Buyer's Agent in 2018
Yuqing Doty
Windermere Corporate
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1886232
APN: 531510-0279
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Based on information submitted to the MLS GRID
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