Listed by Real Residential, Bought with Wonderland Real Estate
NOT LISTED FOR SALE

7264 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $4,135,000 - $8,559,649

4 Beds
6 Baths
4,900 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $4,200,000 $857 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $37,536/month

42 Days on Market

About This Home

As of October 2013

This unique waterfront property represents Lake Washington living at its best. The 180 degree views center on an evolving Downtown Bellevue skyline while a generous patio and 100 foot dock provide enviable room for outdoor recreation and entertaining. The timeless interior features dramatic art space, a huge open dining room with a dramatic 30 foot ceilings, and flexible formal and casual living. Modern systems and luxury appointments adorn this custom 1998/2003 build.

Last Agent to Sell the Property

Shawn Filer

Real Residential License #23778 Listed on: 06/24/2013

Co-Listed By

Nick Glant

Real Residential License #49843

Last Buyer's Agent

Alice On

Wonderland Real Estate License #24226

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM507015

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$39,753

Year Built

1998

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 4900
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Refrigerator, Trash Compactor, Washer
  • Fireplaces: 2
  • Basement: Fully Finished
  • Features: Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, High Tech Cabling, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Sq Ft Unfinished: 950

Exterior Features

  • Roof: Tile
  • Community Features: CCRs
  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Tile
  • Site Features: Cable TV, Dock, Natural Gas Available, High Speed Internet, Patio, Sprinkler System
  • View: City, Lake, Mountain
  • Waterfront: Low Bank, Bulkhead, Lake
  • Waterfront Frontage: 56
  • Lot Topography: Garden Space, Level, Sloped

Garage/Parking

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

Utilities

  • Cooling: Central A/C, Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Refrigerator, Trash Compactor, Washer
  • Heating and Cooling: Central A/C, Forced Air
  • Sewer: Connected
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
He Jianmin
Bought by
Moorthy Gokul Chandar Dakshina and Kasiviswanathan Bhuwaneshwari
Current Estimated Value
$6,499,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,434,000
Outstanding Balance
$2,100,352
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$4,399,310

Purchase Details

Listed on
Jun 24, 2013
Closed on
Sep 30, 2013
Sold by
Berenson Ronald J and Berenson Cheryl L
Bought by
He Jianmin
Seller's Agent
Shawn Filer
Real Residential
Buyer's Agent
Alice On
Wonderland Real Estate
List Price
$4,395,000
Sold Price
$4,200,000
Premium/Discount to List
-$195,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$2,000,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 1998
Sold by
Glatz Ronald Norman and Glatz Mary Louise
Bought by
Berenson Ronald J and Berenson Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Moorthy Gokul Chandar Dakshina $4,868,000 Chicago Title
He Jianmin $4,200,000 Chicago Title
Berenson Ronald J $2,350,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moorthy Gokul Chandar Dakshina $2,434,000
Previous Owner He Jianmin $2,000,000
Previous Owner Berenson Ronald J $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2013 10/04/13 Sold $4,200,000 -4.4% $857 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $4,395,000 -- $897 / 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 $39,753 $6,072,000 $3,720,000 $2,352,000
2023 $41,843 $5,702,000 $3,510,000 $2,192,000
2022 $37,547 $6,824,000 $3,949,000 $2,875,000
2021 $40,882 $5,100,000 $3,251,000 $1,849,000
2020 $42,397 $5,109,000 $3,097,000 $2,012,000
2018 $43,991 $5,255,000 $2,893,000 $2,362,000
2017 $38,395 $5,072,000 $2,782,000 $2,290,000
2016 $35,713 $4,719,000 $2,543,000 $2,176,000
2015 $34,409 $4,274,000 $2,302,000 $1,972,000
2014 -- $3,935,000 $2,128,000 $1,807,000
2013 -- $3,527,000 $2,252,000 $1,275,000
Source: Public Records

Agents Affiliated with this Home

  • Shawn Filer

    Seller's Agent in 2013

    Shawn Filer

    Real Residential

    (206) 919-5388

    149 Total Sales

    Shawn Filer
    Section Image
  • Nick Glant

    Seller Co-Listing Agent in 2013

    Nick Glant

    Real Residential

    (206) 910-4221

    1 in this area

    211 Total Sales

    Nick Glant
    Section Image

  • A

    Buyer's Agent in 2013

    Alice On

    Wonderland Real Estate

    (206) 849-8485

    1 in this area

    15 Total Sales

    Alice On
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM507015

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0060

Washington King County Mercer Island 98040 Island Point

7264 W Mercer Way, Mercer Island, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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