Seller's Agent in 2020
Cliff Weiss
John L Scott
(425) 417-4670
1 in this area
53 Total Sales
7270 E Mercer Way Mercer Island, WA 98040
Tarywood NeighborhoodEstimated Value: $4,981,000 - $7,765,000
5
Beds
3.5
Baths
4,490
Sq Ft
$1,409/Sq Ft
Est. Value
Highlights
- 65 Feet of Waterfront
- Docks
- Deck
- Lakeridge Elementary School Rated A
- Lake View
- Property is near public transit
About This Home
As of August 2020Live the Lakefront Lifestyle! Classic Tudor with fresh designer updates throughout including new interior paint & more! The home features 5 beds/4 baths and includes 65 feet of Lake Washington waterfront sited on a street to water 18,905 Sq Ft lot to maximize views of Lake Washington & Mt. Rainier. Full 2nd Kitchen in lower level. Newly surfaced dock with boat slip & lift. Lots of Storage. 700 Sq. Foot rentable apartment above the 3-car garage.
Last Agent to Sell the Property
John L. Scott, Inc. License #130489 Listed on: 05/06/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1596684
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,458
Year Built
- Built in 1975
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 70'x262'x73'x269'
- 65 Feet of Waterfront
- Street terminates at a dead end
- Level Lot
- Garden
- Property is in very good condition
- Zoning described as R8.4
Parking
- 3 Car Garage
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Tudor Architecture
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 4,490 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- French Doors
- Dining Room
- Home Security System
- Basement
Kitchen
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Stone
- Ceramic Tile
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Docks
- Deck
- Patio
- Outbuilding
Utilities
- Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- ADU includes 2 Bedrooms and 1 Bathroom
- Property is near public transit
Community Details
- South End Subdivision
Listing and Financial Details
- Legal Lot and Block 10 / 3 Plat
- Assessor Parcel Number 2579500085
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 18, 2021
Sold by
Hoang Vu T
Bought by
Hoang Truc Q
Current Estimated Value
Purchase Details
Listed on
May 6, 2020
Closed on
Aug 11, 2020
Sold by
Sterling William Kelly and Sterling Eileen Q
Bought by
Hoang Vu T and Hoang Truc Q
Seller's Agent
Cliff Weiss
John L. Scott, Inc.
Buyer's Agent
Mary Lynn Norris
Realogics Sotheby's Int'l Rlty
List Price
$4,000,000
Sold Price
$3,750,000
Premium/Discount to List
-$250,000
-6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$2,000,000
Outstanding Balance
$1,793,975
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,531,274
Purchase Details
Closed on
Jan 22, 2005
Sold by
Schaefer Wendy H and Schaefer Michelle J
Bought by
Schaefer Wendy H and Schaefer Michelle J
Purchase Details
Closed on
Feb 27, 2002
Sold by
Rosen Richard A
Bought by
Sterling William Kelly and Sterling Eileen Q
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.25%
Purchase Details
Closed on
Aug 13, 2001
Sold by
The Department Of Fish & Wildlife
Bought by
City Of Newcastle
Purchase Details
Closed on
Jan 14, 1998
Sold by
Bingell Nancy E and Carroll Bruce H
Bought by
Bingell Nancy E and Carroll Bruce H
Purchase Details
Closed on
May 29, 1996
Sold by
The Gloria & Robert Shiprek Living Trust
Bought by
Cline Jay
Purchase Details
Closed on
Jan 23, 1996
Sold by
Kim In Sil and Kim Han Kyu
Bought by
Hospitality First Inc
Purchase Details
Closed on
Nov 28, 1995
Sold by
Erickson Erling H and Erickson Thelma I
Bought by
Erickson Family Revocable Living Trust
Purchase Details
Closed on
Jun 5, 1995
Sold by
Schmidt Charles E and Schmidt Vincent P
Bought by
Honeysuckle Place Ii Llc
Purchase Details
Closed on
May 1, 1995
Sold by
Fish Varya Grace and Derodas Dorothy Sinnes
Bought by
Fish Varya Grace and Anderson Kristian Nicholas
Purchase Details
Closed on
Oct 27, 1994
Sold by
Hoefer Frederick W
Bought by
Hoefer Frederick Steven and Hoefer Lydia Ann
Purchase Details
Closed on
Jul 18, 1994
Sold by
Kirkland Marjorie W
Bought by
Kirkland Donald P
Purchase Details
Closed on
Jun 29, 1983
Sold by
Wise Jack R and Wise Carmelita
Bought by
Arnevick Bret J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hoang Truc Q | -- | None Available | |
| Hoang Vu T | $3,750,000 | Chicago Title | |
| Schaefer Wendy H | -- | -- | |
| Sterling William Kelly | $1,590,000 | Transnation Title Insurance | |
| City Of Newcastle | -- | -- | |
| Bingell Nancy E | -- | -- | |
| Cline Jay | -- | Transnation Title Insurance | |
| Hospitality First Inc | -- | -- | |
| Erickson Family Revocable Living Trust | -- | -- | |
| Honeysuckle Place Ii Llc | -- | -- | |
| Fish Varya Grace | -- | -- | |
| Hoefer Frederick Steven | -- | -- | |
| Kirkland Donald P | -- | Stewart Title Company | |
| Arnevick Bret J | -- | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hoang Vu T | $2,000,000 | |
| Previous Owner | Sterling William K | $1,292,500 | |
| Previous Owner | Sterling William Kelly | $350,000 | |
| Previous Owner | Sterling William Kelly | $1,435,000 | |
| Previous Owner | Sterling William Kelly | $350,000 | |
| Previous Owner | Sterling William Kelly | $1,410,000 | |
| Previous Owner | Sterling William Kelly | $1,050,000 | |
| Previous Owner | Sterling William Kelly | $1,050,000 | |
| Previous Owner | Sterling William Kelly | $325,000 | |
| Previous Owner | Sterling William Kelly | $1,050,000 | |
| Previous Owner | Sterling William Kelly | $1,050,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2020 08/19/20 | Sold | $3,750,000 | -6.3% | $835 / Sq Ft |
| 07/04/2020 07/04/20 | Pending | -- | -- | -- |
| 06/19/2020 06/19/20 | For Sale | $4,000,000 | 0.0% | $891 / Sq Ft |
| 06/10/2020 06/10/20 | Pending | -- | -- | -- |
| 05/06/2020 05/06/20 | For Sale | $4,000,000 | -- | $891 / 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 | $45,185 | $6,902,000 | $2,764,000 | $4,138,000 |
| 2023 | $30,675 | $4,456,000 | $2,608,000 | $1,848,000 |
| 2022 | $27,429 | $4,984,000 | $2,934,000 | $2,050,000 |
| 2021 | $26,325 | $3,725,000 | $2,415,000 | $1,310,000 |
| 2020 | $25,031 | $3,289,000 | $2,300,000 | $989,000 |
| 2018 | $27,257 | $3,255,000 | $1,916,000 | $1,339,000 |
| 2017 | $23,015 | $3,142,000 | $1,843,000 | $1,299,000 |
| 2016 | $21,404 | $2,828,000 | $1,685,000 | $1,143,000 |
| 2015 | $20,624 | $2,561,000 | $1,525,000 | $1,036,000 |
| 2014 | -- | $2,358,000 | $1,410,000 | $948,000 |
| 2013 | -- | $2,265,000 | $1,406,000 | $859,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cliff Weiss
-
Mary Lynn Norris
Buyer's Agent in 2020
Mary Lynn Norris
Reaologics Sothebys International Realty
(206) 713-2151
1 in this area
31 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1596684
APN: 257950-0085
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Based on information submitted to the MLS GRID
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