NOT LISTED FOR SALE

7272 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $1,998,000 - $2,979,000

3 Beds
2 Baths
2,060 Sq Ft
$1,172/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $755,000 $367 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $14,529/month

43 Days on Market

About This Home

As of April 2014

PRICE REDUCED! Over $68k in new upgrades! 3BR/1.75 Ba Rambler, Completely re-built North Wall & new roof! Add'l updates include; remodeled bathrooms, updated kit, new lighting, doors, new paint, tile, carpet and landscaping on this Huge 28,545 sq foot lot(over 1/2 acre). Move-in ready or plan & build your dream hm! Western exposure, mostly flat lot, private setting on quiet lane, sunny deck, high ceilings, separate dining rm connects to kit, liv rm w/ bonus room.

Last Listed By

Carrie Simmons

John L. Scott, Inc. License #102278 Listed on: 02/25/2014

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM594118

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$13,755

Year Built

1957

Lot Details

0

Listing Details

  • Condition: Average
  • Sq Ft Finished: 2060
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplaces: 1
  • Features: Bath Off Master, Dining Room, Disabled Access
  • Fireplaces: 1
  • Floor: Ceramic Tile, Laminate, Wall to Wall Carpet
  • Water Heater Location: In cupboard outside

Exterior Features

  • Roof: Flat, Torch Down
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Flat, Torch Down
  • Site Features: Cable TV, Deck, Dog Run, RV Parking
  • View: Territorial
  • Construction: SF
  • Lot Topography: Garden Space, Level, Partial Slope

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: City of Mercer island
  • Water Company: City of Mercer Island
  • Water Source: Public

Schools

  • School District: MIS
  • Elementary School: Lakeridge Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Lot Info

  • Lot Dimensions: 28,545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
Apr 23, 2014
Sold by
Fox Colin and Fox Molly
Bought by
Maheshwari Bharat and Nyati Sonal
Seller's Agent
Carrie Simmons
John L. Scott, Inc.
Buyer's Agent
Jodi Long
eXp Realty
List Price
$808,000
Sold Price
$755,000
Premium/Discount to List
-$53,000
-6.56%
Total Days on Market
43
Current Estimated Value
$2,413,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,658,797
Avg. Annual Appreciation
10.34%
Original Mortgage
$75,500
Interest Rate
3.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 10, 1990
Sold by
Rosen Michael and Rosen Carol M
Bought by
Cox Colin and Cox Molly

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maheshwari Bharat $755,000 Old Republic T
Cox Colin $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maheshwari Bharat $292,249
Open Maheshwari Bharat $713,000
Closed Maheshwari Bharat $250,000
Closed Maheshwari Bharat $651,300
Closed Maheshwari Bharat $75,500
Closed Maheshwari Bharat $604,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Sold $755,000 -4.3% $367 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
04/01/2014 04/01/14 Price Changed $789,000 -2.4% $383 / Sq Ft
02/25/2014 02/25/14 For Sale $808,000 -- $392 / 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 $13,755 $2,099,000 $1,775,000 $324,000
2023 $13,791 $2,009,000 $1,675,000 $334,000
2022 $12,380 $2,247,000 $1,885,000 $362,000
2021 $12,407 $1,680,000 $1,552,000 $128,000
2020 $10,847 $1,549,000 $1,479,000 $70,000
2018 $10,574 $1,346,000 $1,336,000 $10,000
2017 $9,082 $1,218,000 $1,208,000 $10,000
2016 $8,449 $1,115,000 $1,105,000 $10,000
2015 $8,186 $1,010,000 $1,000,000 $10,000
2014 -- $935,000 $925,000 $10,000
2013 -- $842,000 $754,000 $88,000
Source: Public Records

Agents Affiliated with this Home

  • Carrie Simmons

    Seller's Agent in 2014

    Carrie Simmons

    John L Scott

    (206) 679-7093

    1 in this area

    23 Total Sales

    Carrie Simmons
    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Marlene Fallquist

    Coldwell Banker Bain

  • Jodi Long

    Buyer's Agent in 2014

    Jodi Long

    eXp Realty

    (509) 217-9564

    59 Total Sales

    Jodi Long
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM594118

Northwest Multiple Listing Service (NWMLS)

APN: 252404-9196

Washington King County Mercer Island 98040 Island Point

7272 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7272 W Mercer Way, Mercer Island, WA 98040 since 25 February 2014 and is currently estimated at $2,413,797, approximately $1,171 per square foot. This property was built in 1957. 7272 W 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.

Nearby Homes