Seller's Agent in 2024
Helena Chen
eXp Realty
(425) 283-2569
1 in this area
203 Total Sales
Listed by eXp Realty, Bought with Coldwell Banker Bain
7265 87th Ave SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $3,126,229 - $3,410,000
4
Beds
3
Baths
3,246
Sq Ft
$999/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit
- Territorial View
- Lakeridge Elementary School Rated A
- Secluded Lot
- 1-minute walk to Wildwood Park
About This Home
As of July 2024Classic Federal-Style residence with contemporary flair in a private cul-de-sac. 4 bedrooms + main floor den/guest suite with connecting 3/4 bath, hardwood floors on main level and stairs, gourmet kitchen with Thermador appliances, including wine fridge, marble countertops, glass tile backsplash, ceiling height cabinets, and large pantry. Spacious master suite, extra large walk in closet, master bath with heated floor, rainfall + standard shower heads, jetted tub. Generous closets in all the bedrooms. Like new, front loading washer & dryer. App controlled smart home systems, Wired for high efficiency EV charger, 2 water heaters. Expansive deck and serene greenbelt on west and south sides, minutes from the Country Club and south-end shopping
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2254204
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,505
Year Built
- Built in 2015
Lot Details
- 0.29 Acre Lot
- Open Space
- Cul-De-Sac
- Street terminates at a dead end
- Secluded Lot
- Level Lot
- Sprinkler System
- Garden
- Property is in very good condition
Parking
- 2 Car Attached Garage
Home Design
- Poured Concrete
- Composition Roof
- Stone Siding
- Wood Composite
Interior Spaces
- 3,246 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Gas Fireplace
- French Doors
- Dining Room
- Territorial Views
Kitchen
- Double Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating System
- High Efficiency Heating System
- High Speed Internet
- High Tech Cabling
Additional Features
- Deck
- Property is near public transit
Community Details
- No Home Owners Association
- Built by Signature Custom Homes
- South End Subdivision
Listing and Financial Details
- Assessor Parcel Number 5451210300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2024
Closed on
Jul 3, 2024
Sold by
Bao Lei
Bought by
Lai Jin and Sherman Nicholas
Seller's Agent
Helena Chen
eXp Realty
Buyer's Agent
Yang Xiao
Coldwell Banker Bain
List Price
$3,230,000
Sold Price
$3,250,000
Premium/Discount to List
$20,000
0.62%
Views
16
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
-$71,558
Avg. Annual Appreciation
-2.01%
Original Mortgage
$1,450,000
Outstanding Balance
$1,438,508
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,743,556
Purchase Details
Listed on
Jan 10, 2015
Closed on
Jul 14, 2015
Sold by
Dai Yangyang and Bao Lei
Bought by
Bao Lei
Seller's Agent
Debbie Barbara
COMPASS
Buyer's Agent
Wenjie Zheng
Skyline Properties, Inc.
List Price
$1,600,000
Sold Price
$1,560,000
Premium/Discount to List
-$40,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Purchase Details
Listed on
Jan 10, 2015
Closed on
Jul 13, 2015
Sold by
Lhj Investment Group Llc
Bought by
Bao Lei B
Seller's Agent
Debbie Barbara
COMPASS
Buyer's Agent
Wenjie Zheng
Skyline Properties, Inc.
List Price
$1,600,000
Sold Price
$1,560,000
Premium/Discount to List
-$40,000
-2.5%
Purchase Details
Listed on
Feb 22, 2012
Closed on
Mar 6, 2012
Sold by
Northern Trust Company
Bought by
Lhj Investment Group Llc
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Hedy Joyce
Coldwell Banker Bain
List Price
$583,500
Sold Price
$583,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.24%
Purchase Details
Closed on
Jun 29, 2001
Sold by
Ingram Estel H and Ingram Raymond Rae L
Bought by
Ingram Raymond L and Living Trust Estel H & Raymond L Ingram
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lai Jin | $3,250,000 | Chicago Title | |
| Bao Lei | -- | Rainier Title | |
| Bao Lei B | $1,560,000 | Rainier Title | |
| Lhj Investment Group Llc | $583,500 | Chicago Title | |
| Ingram Raymond L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lai Jin | $1,450,000 | |
| Previous Owner | Bao Lei | $1,025,000 | |
| Previous Owner | Bao Lei | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2024 07/18/24 | Sold | $3,250,000 | +0.6% | $1,001 / Sq Ft |
| 06/25/2024 06/25/24 | Pending | -- | -- | -- |
| 06/20/2024 06/20/24 | For Sale | $3,230,000 | +107.1% | $995 / Sq Ft |
| 07/15/2015 07/15/15 | Sold | $1,560,000 | -2.5% | $481 / Sq Ft |
| 04/11/2015 04/11/15 | Pending | -- | -- | -- |
| 01/10/2015 01/10/15 | For Sale | $1,600,000 | +174.2% | $493 / Sq Ft |
| 03/13/2012 03/13/12 | Sold | $583,500 | 0.0% | $333 / Sq Ft |
| 02/27/2012 02/27/12 | Pending | -- | -- | -- |
| 02/21/2012 02/21/12 | For Sale | $583,500 | -- | $333 / 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 | $18,741 | $2,861,000 | $1,200,000 | $1,661,000 |
| 2023 | $18,505 | $2,687,000 | $1,133,000 | $1,554,000 |
| 2022 | $16,545 | $3,005,000 | $1,275,000 | $1,730,000 |
| 2021 | $15,879 | $2,246,000 | $1,050,000 | $1,196,000 |
| 2020 | $17,027 | $1,983,000 | $1,000,000 | $983,000 |
| 2018 | $16,520 | $2,110,000 | $867,000 | $1,243,000 |
| 2017 | $14,424 | $1,904,000 | $784,000 | $1,120,000 |
| 2016 | $13,417 | $1,772,000 | $717,000 | $1,055,000 |
| 2015 | $5,256 | $1,605,000 | $649,000 | $956,000 |
| 2014 | -- | $600,000 | $600,000 | $0 |
| 2013 | -- | $580,000 | $515,000 | $65,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Yang Xiao
Coldwell Banker Bain
(425) 223-7496
1 in this area
106 Total Sales
-
Seller's Agent in 2015
Debbie Barbara
COMPASS
(206) 300-6077
1 in this area
74 Total Sales
-
Buyer's Agent in 2015
Wenjie Zheng
Skyline Properties, Inc
(425) 591-6636
9 Total Sales
-
Seller's Agent in 2012
Kelly Weisfield
COMPASS
(206) 355-3863
1 in this area
116 Total Sales
-
Buyer's Agent in 2012
Hedy Joyce
Coldwell Banker Bain
(206) 406-7275
23 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2254204
APN: 545121-0300
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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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