NOT LISTED FOR SALE

7255 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $1,768,000 - $2,407,428

4 Beds
2 Baths
3,358 Sq Ft
$644/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $1,900,000 $566 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,545/month

3 Days on Market

Highlights

  • Spa
  • Lake View
  • Deck
  • Lakeridge Elementary School Rated A
  • Fruit Trees
  • Wood Flooring

About This Home

As of September 2021

Wait no longer! Hurry to this beautifully renovated sanctuary enjoying gorgeous lake views from almost every room! Freshly painted inside/out, the home offers updated appliances, slab granite counters and refinished hardwoods. The vaulted ceilings and open floor plan create an airy vibe and allow the natural light to shine through. Three of the four bedrooms are ensuite...the primary master suite is upstairs along with 2 additional bedrms and a secondary master suite on main flr. Enjoy the 1,500 square foot view deck and lounge in your brand new six-person jetted spa complete w/waterfall and blue tooth speaker system! Keep Fido safe in the covered dog run. Grab your binoculars and watch Russell Wilson scramble at the VMAC across the lake!

Last Listed By

Stephanie St. Mary

Windermere Real Estate/East License #33451 Listed on: 08/30/2021

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1832050

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,911

Year Built

  • Built in 1982

Lot Details

  • Dog Run
  • Partially Fenced Property
  • Terraced Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 2579500146

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,911

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Hot Tub/Spa, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 4.00
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 3358
  • Square Footage Finished: 3358

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Lake, Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of MI
  • Water Company: City of MI
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 15000
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Partial Slope, Terraces
  • Parcel Number: 2579500146
  • Lot Topography: Fruit Trees, Garden Space, Partial Slope, Terraces

Tax Info

  • Tax Amount: 10943

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 20, 2021
Sold by
Gottlieb Lorri Jane and Cochran Mike
Bought by
Cheng Jerry Cheng Hao and Kim Jenny
Seller's Agent
Stephanie St. Mary
Windermere Real Estate/East
Buyer's Agent
Roy Towse
COMPASS
List Price
$1,865,000
Sold Price
$1,900,000
Premium/Discount to List
$35,000
1.88%
Total Days on Market
3
Current Estimated Value
$2,161,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,107
Avg. Annual Appreciation
3.64%
Original Mortgage
$1,425,000
Outstanding Balance
$1,316,269
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$846,978

Purchase Details

Closed on
Sep 9, 2005
Sold by
Gottlieb Robert
Bought by
Gottlieb Lorri Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1989
Sold by
Britton Christopher L and Britton Judith
Bought by
Reilly Charles A and Gay Ann

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
Cheng Jerry Cheng Hao $1,900,000 Cw Title
Gottlieb Lorri Jane -- Transnation Ti
Gottlieb Lorri Jane $770,800 Transnation Ti
Reilly Charles A $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Jerry Cheng Hao $1,425,000
Previous Owner Gottlieb Lorri Jane $150,000
Previous Owner Gottlieb Lorri Jane $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $1,900,000 +1.9% $566 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $1,865,000 -- $555 / 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 $12,911 $1,970,000 $1,242,000 $728,000
2023 $12,700 $1,850,000 $1,172,000 $678,000
2022 $11,401 $2,069,000 $1,319,000 $750,000
2021 $10,943 $1,547,000 $1,086,000 $461,000
2020 $11,376 $1,366,000 $1,035,000 $331,000
2018 $11,042 $1,409,000 $931,000 $478,000
2017 $9,326 $1,272,000 $842,000 $430,000
2016 $8,675 $1,145,000 $770,000 $375,000
2015 $8,360 $1,037,000 $697,000 $340,000
2014 -- $955,000 $645,000 $310,000
2013 -- $771,000 $623,000 $148,000
Source: Public Records

Agents Affiliated with this Home

  • Stephanie St. Mary

    Seller's Agent in 2021

    Stephanie St. Mary

    Windermere Corporate

    (206) 953-8359

    4 in this area

    34 Total Sales

    Stephanie St. Mary
    Section Image
  • Roy Towse

    Buyer's Agent in 2021

    Roy Towse

    COMPASS

    (425) 444-8089

    1 in this area

    319 Total Sales

    Roy Towse
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1832050

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0146

Washington King County Mercer Island 98040 Tarywood

7255 E Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7255 E Mercer Way, Mercer Island, WA 98040 since 30 August 2021 and is currently estimated at $2,161,107, approximately $643 per square foot. This property was built in 1982. 7255 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) 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. ©2025 NWMLS.

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