Seller's Agent in 2022
Allison Trull
Coldwell Banker Bain
(425) 450-5217
2 in this area
96 Total Sales
Listed by Coldwell Banker Bain, Bought with John L Scott Westwood
7219 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $3,897,925 - $4,669,000
5
Beds
6
Baths
5,670
Sq Ft
$737/Sq Ft
Est. Value
Highlights
- 30 Feet of Waterfront
- Spa
- Colonial Architecture
- Lakeridge Elementary School Rated A
- Lake View
- Fruit Trees
About This Home
As of November 2022Statuesque & proud, this brick clad home in the Lake Firs community waterfront neighborhood, hearkens to the days of grandeur & layered rich hand wrought details. A circular driveway etched by boxwood hedges. Formal living room & dining room with 4 sets of French doors opening to the al fresco patio & rose gardens. Verde slab granite wrapped kitchen backed by Wolfe & Subzero opens to both the family room & two story atrium. Upstairs yields 5 spacious bedrooms including the primary suite with separate sitting room & marble encased bath. Lower level with bonus & 3/4 bath. Stunning grounds with meandering lawn, hot tub & destination zones. Legacy built, treasured & magical.
Last Agent to Sell the Property
Coldwell Banker Bain License #22955 Listed on: 08/05/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1979435
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,900
Year Built
- Built in 1968
Lot Details
- 0.46 Acre Lot
- 30 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- Property is Fully Fenced
- Level Lot
- Fruit Trees
- Garden
- Property is in very good condition
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Territorial
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Poured Concrete
- Composition Roof
- Stucco
Interior Spaces
- 5,670 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Skylights
- 3 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- French Doors
- Dining Room
- Solarium
- Storm Windows
- Finished Basement
Kitchen
- Double Oven
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Marble
- Ceramic Tile
- Travertine
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Deck
- Patio
Location
- Property is near public transit
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Central Air
- Smart Home Wiring
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Community Details
- No Home Owners Association
- Westside Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 4016900020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2022
Closed on
Nov 3, 2022
Sold by
Seifert Michael T and Seifert Anne B
Bought by
Hsieh Investments Washington Lp
Seller's Agent
Allison Trull
Coldwell Banker Bain
Buyer's Agent
Mark Warren
John L Scott Westwood
List Price
$3,698,000
Sold Price
$3,500,000
Premium/Discount to List
-$198,000
-5.35%
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
$526,692
Avg. Annual Appreciation
5.38%
Purchase Details
Closed on
Jan 29, 1999
Sold by
United Trading Company
Bought by
Seifert Michael T and Seifert Anne B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.73%
Purchase Details
Closed on
Sep 24, 1997
Sold by
Taylor Richard
Bought by
United Trading Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.45%
Mortgage Type
Balloon
Purchase Details
Closed on
Sep 15, 1997
Sold by
United Trading Company
Bought by
Taylor Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.45%
Mortgage Type
Balloon
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 |
|---|---|---|---|
| Hsieh Investments Washington Lp | $3,500,000 | Chicago Title | |
| Seifert Michael T | $605,000 | -- | |
| United Trading Company | -- | Commonwealth Land Title Ins | |
| Taylor Richard | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Seifert Michael T | $771,080 | |
| Previous Owner | Seifert Michael T | $795,000 | |
| Previous Owner | Seifert Michael T | $250,000 | |
| Previous Owner | Seifert Michael T | $852,500 | |
| Previous Owner | Seifert Michael T | $500,000 | |
| Previous Owner | Seifert Michael T | $340,000 | |
| Previous Owner | Taylor Richard | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2022 11/21/22 | Sold | $3,500,000 | -5.4% | $617 / Sq Ft |
| 10/10/2022 10/10/22 | Pending | -- | -- | -- |
| 08/05/2022 08/05/22 | For Sale | $3,698,000 | -- | $652 / 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 | $21,961 | $3,353,000 | $1,605,000 | $1,748,000 |
| 2023 | $21,684 | $3,149,000 | $1,515,000 | $1,634,000 |
| 2022 | $18,900 | $3,522,000 | $1,705,000 | $1,817,000 |
| 2021 | $18,142 | $2,566,000 | $1,404,000 | $1,162,000 |
| 2020 | $18,109 | $2,266,000 | $1,338,000 | $928,000 |
| 2018 | $17,571 | $2,244,000 | $917,000 | $1,327,000 |
| 2017 | $14,840 | $2,025,000 | $830,000 | $1,195,000 |
| 2016 | $13,803 | $1,823,000 | $759,000 | $1,064,000 |
| 2015 | $13,299 | $1,651,000 | $687,000 | $964,000 |
| 2014 | -- | $1,520,000 | $635,000 | $885,000 |
| 2013 | -- | $1,407,000 | $732,000 | $675,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Lisa Boyd
Coldwell Banker Bain
(206) 669-4434
1 in this area
77 Total Sales
-
Buyer's Agent in 2022
Mark Warren
John L Scott
(206) 271-7601
2 in this area
91 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1979435
APN: 401690-0020
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Based on information submitted to the MLS GRID
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