Seller's Agent in 2023
Kelly Weisfield
COMPASS
(206) 355-3863
3 in this area
115 Total Sales
Listed by COMPASS, Bought with Coldwell Banker Bain
7270 N Mercer Way Mercer Island, WA 98040
North Mercer NeighborhoodEstimated Value: $6,391,000 - $8,482,000
5
Beds
4.5
Baths
5,638
Sq Ft
$1,332/Sq Ft
Est. Value
Highlights
- Low Bank Waterfront Property
- Docks
- Lake View
- Northwood Elementary School Rated A
- Second Kitchen
- Deck
About This Home
As of June 2023Breathtaking Northend Waterfront. Prime Gold Coast w/ protected lake & Bellevue skyline views & walkable to city center. Recent studs-out remodel w/ designer finishes & smart home automation. Steps from 23’ of private wtrfront w/ new shared dock, autocover boat lift & 2 jetski lifts. Modern, clean lines meet timeless Nantucket vibe in this ~5,600 SF, 5 BDR home. Gourmet kitchen w/ oversized island, Miele appliances, wet bar & walk-in pantry. Walls of windows, open floorplan, elevator & solid walnut floors. Huge entertaining deck & flat play lawn below. Upstairs, 4 BDRs incl primary w/ walk-in closet & 5 pc bath. Newly added lower-level rec room w/ kitchenette & guest suite. 3 car garage, rebuilt easy driveway. Your life on the lake awaits!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2071711
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,534
Year Built
- Built in 1999
Lot Details
- 0.3 Acre Lot
- Low Bank Waterfront Property
- 23 Feet of Waterfront
- Lake Front
- Partially Fenced Property
- Level Lot
- Sprinkler System
- Garden
- Zoning described as R-12
Parking
- 3 Car Garage
Property Views
- Lake
- City
- Mountain
Home Design
- Poured Concrete
- Tile Roof
- Wood Siding
Interior Spaces
- 5,638 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- 2 Fireplaces
- Wood Burning Fireplace
- French Doors
- Dining Room
- Finished Basement
- Natural lighting in basement
Kitchen
- Second Kitchen
- Walk-In Pantry
- Oven or Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Bamboo
- Wood
- Stone
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Docks
- Deck
- Patio
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- Air Filtration System
- Heat Pump System
- Radiant Heating System
- Hot Water Circulator
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Community Details
- No Home Owners Association
- North End Subdivision
Listing and Financial Details
- Assessor Parcel Number 5315100062
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 18, 2025
Sold by
Cotton Steve and Cotton Heather Colleen
Bought by
Steven And Heather Cotton Trust and Cotton
Current Estimated Value
Purchase Details
Listed on
May 23, 2023
Closed on
Jun 11, 2023
Sold by
Alpina Haus Llc
Bought by
Cotton Steve and Cotton Heather Colleen Isle
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Paula Holtzclaw
Coldwell Banker Bain
List Price
$5,998,000
Sold Price
$6,750,000
Premium/Discount to List
$752,000
12.54%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Purchase Details
Listed on
Sep 7, 2018
Closed on
Jun 12, 2019
Sold by
Glatz Mary L and Estate Of Ronald N Glatz
Bought by
Alpina Haus Llc
Seller's Agent
Lori Holden
John L. Scott, Inc.
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$4,585,000
Sold Price
$4,225,000
Premium/Discount to List
-$360,000
-7.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%
Original Mortgage
$3,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steven And Heather Cotton Trust | $313 | None Listed On Document | |
| Cotton Steve | $6,750,000 | Chicago Title Company | |
| Alpina Haus Llc | $4,225,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Alpina Haus Llc | $3,500,000 | |
| Previous Owner | Alpina Haus Llc | $3,000,000 | |
| Previous Owner | Glatz Mary Lou | $1,500,000 | |
| Previous Owner | Glatz Ronald Norman | $720,000 | |
| Previous Owner | Glatz Ronald N | $500,000 | |
| Previous Owner | Glatz Ronald N | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2023 06/14/23 | Sold | $6,750,000 | +12.5% | $1,197 / Sq Ft |
| 05/27/2023 05/27/23 | Pending | -- | -- | -- |
| 05/23/2023 05/23/23 | For Sale | $5,998,000 | +42.0% | $1,064 / Sq Ft |
| 06/14/2019 06/14/19 | Sold | $4,225,000 | -2.9% | $830 / Sq Ft |
| 04/06/2019 04/06/19 | Pending | -- | -- | -- |
| 10/18/2018 10/18/18 | Price Changed | $4,350,000 | -5.1% | $855 / Sq Ft |
| 09/07/2018 09/07/18 | For Sale | $4,585,000 | -- | $901 / 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 | $37,987 | $5,802,000 | $2,168,000 | $3,634,000 |
| 2023 | $37,507 | $5,449,000 | $2,046,000 | $3,403,000 |
| 2022 | $30,534 | $5,725,000 | $2,302,000 | $3,423,000 |
| 2021 | $29,308 | $4,147,000 | $1,895,000 | $2,252,000 |
| 2020 | $30,888 | $3,662,000 | $1,805,000 | $1,857,000 |
| 2018 | $31,158 | $3,828,000 | $1,658,000 | $2,170,000 |
| 2017 | $27,195 | $3,592,000 | $1,595,000 | $1,997,000 |
| 2016 | $25,297 | $3,342,000 | $1,458,000 | $1,884,000 |
| 2015 | $24,374 | $3,027,000 | $1,320,000 | $1,707,000 |
| 2014 | -- | $2,787,000 | $1,220,000 | $1,567,000 |
| 2013 | -- | $2,193,000 | $1,356,000 | $837,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Buyer's Agent in 2023
Paula Holtzclaw
Coldwell Banker Bain
1 in this area
38 Total Sales
-
Seller's Agent in 2019
Lori Holden
John L Scott
(206) 949-5674
3 in this area
103 Total Sales
-
Seller Co-Listing Agent in 2019
Sharon Glatz Scott
Reaologics Sothebys International Realty
(206) 795-7082
24 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2071711
APN: 531510-0062
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.
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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