NOT LISTED FOR SALE

7250 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $3,119,000 - $9,194,000

6 Beds
3 Baths
6,520 Sq Ft
$1,043/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $3,490,000 $535 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $41,846/month

6 Days on Market

Highlights

  • Docks
  • Lake View
  • 5 Fireplaces
  • Lakeridge Elementary School Rated A
  • Wood Flooring
  • Attached Garage

About This Home

As of May 2016

Tudor-inspired brick 2-story w/basement on rare street-to-water lot w/100' of waterfront, lovely grounds & dock w/deep water moorage. Lrg rooms w/fine traditional detailing: double height entry; connecting formal living room, dining room & den; granite kitchen w/eating area & adjacent family room; 6 bedrooms & 5.5 baths, including master suite w/sitting room; 5 fireplaces; lower level library/office & connecting billiards/card rooms; AC. Brick terrace; deck; attached 3-car garage w/parking area.

Last Agent to Sell the Property

Rondi Egenes

Windermere Real Estate/East License #8419 Listed on: 04/01/2016

Windermere Real Estate/East

Co-Listed By

Sandy Nicholls

Windermere Real Estate/East License #30178

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM917431

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,604

Year Built

  • Built in 1982

Lot Details

  • Gated Home
  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 5 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Docks
  • Patio

Utilities

  • Cable TV Available

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 2579500070

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,604

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Sauna, Security System, Skylights, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 6.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 4.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 5
  • Fireplaces Main: 2
  • Fireplaces Lower: 2
  • Basement: Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 6520
  • Square Footage Finished: 6520

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake, Mountain
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: 1 gas/2 electric
  • 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: Paved Street
  • Lot Sq Ft: 27990
  • Lot Topography Vegetation: Garden Space, Partial Slope
  • Parcel Number: 2579500070
  • Lot Topography: Garden Space, Partial Slope

Tax Info

  • Tax Amount: 31148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 5, 2016
Sold by
Teply Joseph F and Teply Carol L
Bought by
Loeser Thomas E and Bauer April R
Seller's Agent
Rondi Egenes
Windermere Real Estate/East
List Price
$3,695,000
Sold Price
$3,490,000
Premium/Discount to List
-$205,000
-5.55%
Current Estimated Value
$6,798,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,308,295
Avg. Annual Appreciation
7.57%
Original Mortgage
$2,617,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 1992
Sold by
Walsh Gary L and Walsh Wanda F
Bought by
Teply Joseph F and Teply Carol L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Loeser Thomas E $3,490,000 Chicago Title
Teply Joseph F $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeser Thomas E $3,054,772
Closed Loeser Thomas E $473,500
Closed Loeser Thomas E $2,617,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $3,490,000 -5.5% $535 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $3,695,000 +5.9% $567 / Sq Ft
04/02/2016 04/02/16 Off Market $3,490,000 -- --
04/01/2016 04/01/16 For Sale $3,695,000 -- $567 / 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 $51,604 $7,883,000 $4,032,000 $3,851,000
2023 $50,950 $7,403,000 $3,804,000 $3,599,000
2022 $63,552 $9,262,000 $4,279,000 $4,983,000
2021 $38,571 $6,922,000 $3,522,000 $3,400,000
2020 $29,957 $4,820,000 $3,355,000 $1,465,000
2018 $32,624 $3,896,000 $2,991,000 $905,000
2017 $35,109 $3,761,000 $2,876,000 $885,000
2016 $32,656 $4,315,000 $2,629,000 $1,686,000
2015 $31,149 $3,908,000 $2,380,000 $1,528,000
2014 -- $3,562,000 $2,200,000 $1,362,000
2013 -- $4,134,000 $2,433,000 $1,701,000
Source: Public Records

Agents Affiliated with this Home

  • Rondi Egenes

    Seller's Agent in 2016

    Rondi Egenes

    Windermere Corporate

    (206) 953-1771

    17 Total Sales

    Rondi Egenes
    Section Image
  • Sandy Nicholls

    Seller Co-Listing Agent in 2016

    Sandy Nicholls

    Windermere Corporate

    (425) 444-4966

    76 Total Sales

    Sandy Nicholls
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM917431

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0070

Washington King County Mercer Island 98040 Tarywood

7250 E Mercer Way, Mercer Island, WA

This home is located at 7250 E Mercer Way, Mercer Island, WA 98040 since 01 April 2016 and is currently estimated at $6,798,295, approximately $1,042 per square foot. This property was built in 1982. 7250 E 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

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