NOT LISTED FOR SALE

7232 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $1,637,000 - $2,948,000

4 Beds
1 Bath
3,050 Sq Ft
$778/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $995,000 $326 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $13,578/month

9 Days on Market

Highlights

  • Fruit Trees
  • Deck
  • Territorial View
  • Lakeridge Elementary School Rated A
  • Northwest Architecture
  • Wood Flooring

About This Home

As of January 2016

Pending Sale. Classic Northwest contemporary with great bones on a large private lot, quiet cul de sac minutes to schools and shopping. Open formal rooms, refinished hardwoods, vaulted ceiling living room with window wall to deck overlooking the wooded property and dining room for entertaining. Warm eat-in kitchen shares the view, ready for your customization. Generous main floor master ensuite plus a cozy den office and powder room. Downstairs are 3 bedrooms, bath and family room.

Last Agent to Sell the Property

Peter Freet

Compass Washington Listed on: 11/14/2015

Co-Listed By

Jody Blohm

Compass Washington

Last Buyer's Agent

Scott Wasner

Realogics Sotheby's Int'l Rlty License #104614

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM866187

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,792

Year Built

  • Built in 1966

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is zoned R 15

Parking

  • Attached Carport

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Territorial Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 2524049225

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,792

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 3
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3050
  • Square Footage Finished: 3050

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Heater: Basement Closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End

Schools

  • Elementary School: Lakeridge Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 22800
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 2524049225
  • Zoning Code: R 15
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 7119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2015
Closed on
Dec 30, 2015
Sold by
Vollmer Donald W and Resan Vollmer Charlene
Bought by
Gibson Graeme D and Gibson Kathryn
Seller's Agent
Peter Freet
Compass Washington
Buyer's Agent
Scott Wasner
Realogics Sotheby's Int'l Rlty
List Price
$925,000
Sold Price
$995,000
Premium/Discount to List
$70,000
7.57%
Total Days on Market
9
Current Estimated Value
$2,373,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,378,282
Avg. Annual Appreciation
10.06%
Original Mortgage
$540,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1986
Sold by
Vollmer Donald W
Bought by
Vollmer Donald W and Vollmer Charlene R
Source: Public Records

Similar Homes in Mercer Island, WA

  • 9740 SE 40th St, Mercer Island, WA 98040

    $2,498,000

    • 4 Beds
    • 4 Baths
    • 2,891 Sq Ft
    • 9740 SE 40th St
    • Mercer Island, WA

    Welcome to a home that doesn’t just check boxes—it sets the standard. Stunning Mid-Century remodel by renowned boutique builder Seascape Homes. Located in desirable Mercerwood, this home blends timeless architecture with high-end modern updates. Vaulted ceilings, floor-to-ceiling stone fireplace + open-concept living/dining. Reimagined kitchen with custom cabinetry flows into great room. ’24-’25

    Michele Schuler Realogics Sotheby's Int'l Rlty

    Section Image
  • 7209 76th Ave SE, Mercer Island, WA 98040

    $2,650,000

    • 4 Beds
    • 3.5 Baths
    • 3,490 Sq Ft
    • 7209 76th Ave SE
    • Mercer Island, WA

    Discover refined island living in this mid-century Buchan home. On a quiet cul-de-sac in Mercer Island's coveted South End, this 4-bed, 3.25-bath home welcomes you w/ abundant natural light & over $300K in luxurious updates! Fully remodeled chef's kitchen with Quartz countertops. Fresh paint, new carpet, new hardwood floors. Spacious living areas & rooms, complete w/ spa-inspired 5-piece bath in

    Farheen Ahmed Windermere Real Estate/East

    Section Image
  • 7834 SE 75th Place, Mercer Island, WA 98040

    $2,250,000

    • 3 Beds
    • 3.5 Baths
    • 2,255 Sq Ft
    • 7834 SE 75th Place
    • Mercer Island, WA

    Exceptional Mercer Island masterpiece blending timeless elegance with cutting-edge luxury. This re-imagined home features an open-concept design centered around a chef’s kitchen with a striking quartzite island, bespoke cabinetry, and premium Sub-Zero and Thermador appliances. Spa-inspired baths showcase radiant heated marble floors, while state-of-the-art systems include zoned ductless HVAC, EV

    Wesley Jones Keller Williams Rlty Bellevue

    Section Image
  • 7375 80th Place SE, Mercer Island, WA 98040

    $2,795,000

    • 4 Beds
    • 2.5 Baths
    • 3,180 Sq Ft
    • 7375 80th Place SE
    • Mercer Island, WA

    Beautiful & immaculate home built by John Buchan in the coveted "The Lakes" community. This neighborhood is located right next to Lakeridge Elementary & Islander Middle School. Light and bright 4 bdrm and 2.5 baths home w/traditional floor plan including formal living & dining room, a primary en suite, office, kitchen w/eating space that opens to family room & outdoor patio, and bonus room above

    David Sligar Windermere RE Greenwood

    Section Image
  • 7965 SE 67th St, Mercer Island, WA 98040

    $2,349,000

    • 4 Beds
    • 2 Baths
    • 2,030 Sq Ft
    • 7965 SE 67th St
    • Mercer Island, WA

    Don't miss this architecturally significant, quality Mid-Century Modern home. Perched proudly above the street, this home captures lovely southern, western and soft northern light. Vaulted ceilings, walnut cabinet accents, rich hardwood floors and walls of windows let the tranquil beauty of the surrounding grounds shine in. South and west facing back yard for loads of natural light from all

    Stephanie St. Mary Windermere Real Estate/East

    Section Image
  • 7760 81st Place SE, Mercer Island, WA 98040

    $2,695,000

    • 4 Beds
    • 2.5 Baths
    • 2,867 Sq Ft
    • 7760 81st Place SE
    • Mercer Island, WA

    Lifestyle, location & community! This beautifully maintained Buchan legacy home sits in the best spot in the Lakes! Spacious chef’s kitchen, formal living room, main floor guest room/office, upper-level primary with vaulted ceilings and 2 additional upper bedrooms. Versatile bonus room over garage. Level, sunny lot with mature landscaping and an oversized 3-car garage. Open the gate to the

    Greg Rosenwald COMPASS

    Section Image
  • 6700 81st Ave SE, Mercer Island, WA 98040

    $2,198,000

    • 4 Beds
    • 3 Baths
    • 2,530 Sq Ft
    • 6700 81st Ave SE
    • Mercer Island, WA

    Experience the perfect blend of Mid-Century charm and modern updates in this stunning Mercer Island home! Bamboo floors flow throughout the open-concept living spaces, illuminated by abundant natural light from skylights. With 4 bedrooms and 3 baths, this home offers comfort and style. The terraced backyard is a serene retreat featuring native plantings, a hot tub, a covered outdoor entertaining

    Robyn Kimura-Hsu Realogics Sotheby's Int'l Rlty

    Section Image
  • 6730 82nd Ave SE, Mercer Island, WA 98040

    $2,399,000

    • 4 Beds
    • 2.5 Baths
    • 2,600 Sq Ft
    • 6730 82nd Ave SE
    • Mercer Island, WA

    Stunning mid-century modern 4 bedroom/ 3bath home on a generous 13,061 sq ft lot with iconic west-facing views of Seattle and the Olympic Mountains—no power lines to obstruct your outlook! This 2,600 sq ft gem features beautiful oak hardwood floors on the upper level, a spacious lower-level rec room with laundry and a bath—perfect for guests or bonus living space. Enjoy the peaceful setting on

    Robyn Kimura-Hsu Realogics Sotheby's Int'l Rlty

    Section Image
  • 8407 SE 69th Place, Mercer Island, WA 98040

    $2,275,000

    • 4 Beds
    • 3 Baths
    • 2,350 Sq Ft
    • 8407 SE 69th Place
    • Mercer Island, WA

    Opportunity on Mercer Island to own a quality Burnstead built home on the Southend. Tucked away on a private lane, offering a spacious & low-maintenance yard. Live a car-free life just moments from a premium grocery store, coffee shop, restaurants, parks & award-winning schools. Chef's kitchen including large island w/storage, premium appliances, high-end maple cabinetry & bar seating. Kitchen

    Christy Shiers Windermere Real Estate/East

    Section Image
See All Homes in Mercer Island

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibson Graeme D $995,000 Wfg National T
Vollmer Donald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Graeme D $672,543
Closed Gibson Graeme D $206,000
Closed Gibson Graeme D $540,000
Previous Owner Vollmer Donald W $359,500
Previous Owner Vollmer Donald W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $995,000 +7.6% $326 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/14/2015 11/14/15 For Sale $925,000 -- $303 / 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 $11,792 $1,799,000 $1,414,000 $385,000
2023 $11,646 $1,690,000 $1,334,000 $356,000
2022 $10,415 $1,890,000 $1,501,000 $389,000
2021 $10,000 $1,413,000 $1,236,000 $177,000
2020 $9,371 $1,248,000 $1,178,000 $70,000
2018 $9,091 $1,160,000 $1,071,000 $89,000
2017 $7,943 $1,047,000 $969,000 $78,000
2016 $7,388 $975,000 $886,000 $89,000
2015 $7,119 $883,000 $802,000 $81,000
2014 -- $813,000 $742,000 $71,000
2013 -- $756,000 $642,000 $114,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Peter Freet

    Compass Washington

  • J

    Seller Co-Listing Agent in 2016

    Jody Blohm

    Compass Washington

  • Scott Wasner

    Buyer's Agent in 2016

    Scott Wasner

    Reaologics Sothebys International Realty

    (206) 910-1410

    34 Total Sales

    Scott Wasner
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM866187

Northwest Multiple Listing Service (NWMLS)

APN: 252404-9225

Washington King County Mercer Island 98040 Island Point

7232 W Mercer Way, Mercer Island, WA

This home is located at 7232 W Mercer Way, Mercer Island, WA 98040 since 14 November 2015 and is currently estimated at $2,373,282, approximately $778 per square foot. This property was built in 1966. 7232 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) 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

Nearby Homes