NOT LISTED FOR SALE

7275 N Mercer Way Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $3,089,000 - $3,520,000

4 Beds
1 Bath
4,130 Sq Ft
$814/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $2,885,000 $699 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $19,148/month

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Contemporary Architecture
  • 3 Fireplaces

About This Home

As of September 2021

Custom quality construction home with style and stunning views of Lake Washington and the City of Bellevue. Dramatic, 3- story entry with commissioned metal stair rail that is a true work of art. Soaring ceilings and walls of glass. Gorgeous slate and hardwood floors throughout, 8-foot solid cherry doors, custom cabinetry and slab stone. Open, great room floor plan with sun drenched deck is the ideal place for the BBQ and entertaining. 2 large working offices with built-ins, media room. Located on a private, park-like lot with mature landscaping, there are secret gardens, stepping stones and pavers throughout. Convenient north end location across from waterfront landing, close to parks walk to downtown MI and minutes to freeway.

Last Agent to Sell the Property

Lori Holden

John L. Scott, Inc. License #24368 Listed on: 08/24/2021

John L. Scott, Inc.

Co-Listed By

Lou Glatz

John L. Scott, Inc. License #40375

Last Buyer's Agent

Denny Buck

John L. Scott, Inc. License #23522

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1829228

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,980

Year Built

  • Built in 1998

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • North End Community

Listing and Financial Details

  • Assessor Parcel Number 5315100342

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,980

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Contemporary
  • Homebuilder: RKK Construction
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Slate
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 2
  • Bathrooms: 4.25
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4130
  • Square Footage Finished: 4130

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: City, Lake, Mountain

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Radiant, Ductless Hp-Mini Split
  • Power Company: Puget Sound
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: North End

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 6824
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Terraces
  • Parcel Number: 5315100342
  • Lot Topography: Garden Space, Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 13319

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 13, 2021
Sold by
Carvey Robert H and The Robert H Carvey Revocable
Bought by
Wu Thomas and Wu Jo
Seller's Agent
Lori Holden
John L. Scott, Inc.
Buyer's Agent
Denny Buck
John L. Scott, Inc.
List Price
$2,885,000
Sold Price
$2,885,000
Current Estimated Value
$3,360,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,374
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Dec 3, 2020
Sold by
Robert H Carvey Revocable Trust
Bought by
Wu Thomas and Wu Jo

Purchase Details

Closed on
Jun 7, 2015
Sold by
Klein Gregory and Prochaska Patricia A
Bought by
Carvey Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2010
Sold by
Primacy Closing Corporation
Bought by
Klein Gregory and Prochaska Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Carpenter Geoffrey L and Carpenter Nancy K
Bought by
Primacy Closing Corporation

Purchase Details

Closed on
Jul 20, 2004
Sold by
Baumgardner Beth I and Baumgardner Lee C
Bought by
Carpenter Geoffrey L and Carpenter Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1998
Sold by
Rkk Construction Inc
Bought by
Baumgardner Lee C and Baumgardner Beth I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.62%

Purchase Details

Closed on
Jul 16, 1996
Sold by
State Of Washington
Bought by
Flake Charles and Skone Suzanne
Source: Public Records

Range of Values:

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Average Value
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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
Wu Thomas $2,885,000 Fidelity National Title
Wu Thomas $2,885,000 Fidelity National Title
Robert H Carvey Revocable Trust $313 None Listed On Document
Carvey Robert H $1,375,000 First American
Klein Gregory $1,100,000 First American
Primacy Closing Corporation $1,436,666 First American
Carpenter Geoffrey L $1,320,000 Commonwealth L
Baumgardner Lee C $717,500 Transnation Title Insurance
Flake Charles $90,004 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carvey Robert H $1,100,000
Previous Owner Klein Gregory $880,000
Previous Owner Carpenter Geoffrey L $820,000
Previous Owner Baumgardner Lee C $450,000
Closed Baumgardner Lee C $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $2,885,000 0.0% $699 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $2,885,000 -- $699 / 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 $15,980 $2,439,000 $1,161,000 $1,278,000
2023 $15,781 $2,291,000 $1,096,000 $1,195,000
2022 $14,109 $2,562,000 $1,233,000 $1,329,000
2021 $13,319 $1,915,000 $1,015,000 $900,000
2020 $12,875 $1,663,000 $967,000 $696,000
2018 $12,490 $1,595,000 $760,000 $835,000
2017 $10,904 $1,439,000 $688,000 $751,000
2016 $10,145 $1,339,000 $629,000 $710,000
2015 $9,777 $1,213,000 $570,000 $643,000
2014 -- $1,117,000 $527,000 $590,000
2013 -- $989,000 $554,000 $435,000
Source: Public Records

Agents Affiliated with this Home

  • Lori Holden

    Seller's Agent in 2021

    Lori Holden

    John L Scott

    (206) 949-5674

    3 in this area

    103 Total Sales

    Lori Holden
    Section Image
  • Lou Glatz

    Seller Co-Listing Agent in 2021

    Lou Glatz

    John L Scott

    (206) 948-2591

    2 in this area

    34 Total Sales

    Lou Glatz
    Section Image

  • D

    Buyer's Agent in 2021

    Denny Buck

    John L Scott

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1829228

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0342

Washington King County Mercer Island 98040 North Mercer

7275 N Mercer Way, Mercer Island, WA

This home is located at 7275 N Mercer Way, Mercer Island, WA 98040 since 24 August 2021 and is currently estimated at $3,360,374, approximately $813 per square foot. This property was built in 1998. 7275 N Mercer Way is a home located in King County with nearby schools including Northwood 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) 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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