C
Seller's Agent in 2021
Caroline Loudenback
Coldwell Banker Danforth
7282 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,315,000 - $2,449,000
4
Beds
1
Bath
2,380
Sq Ft
$998/Sq Ft
Est. Value
Highlights
- Fruit Trees
- Deck
- Secluded Lot
- Lakeridge Elementary School Rated A
- Contemporary Architecture
- Territorial View
About This Home
As of August 2021Just updated mid-century home on the South End of MI sits on a nearly ½ acre and quiet lot at the end of a private lane. This 4-bed, 1.75-bath rambler with formal living and dining rooms, spacious kitchen and great family room with fireplace. A piece of MI history designed by Fred Bassetti & built by Theo Caldwell. Several wonderful outdoor spaces to relax and entertain. Recent updates include: new interior, exterior and deck paint, updated bathrooms with new quartz countertop in primary bath, new gas cooktop and more. Check out the extra bonus space in the garage that has a room already framed in. Lots of potential with this home and rare opportunity on Mercer Island! Close to schools, parks, beach areas and more!
Last Agent to Sell the Property
Caroline Loudenback
Coldwell Banker Danforth License #26375 Listed on: 07/15/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1806208
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,564
Year Built
- Built in 1963
Lot Details
- Street terminates at a dead end
- Brush Vegetation
- Secluded Lot
- Level Lot
- Fruit Trees
- Wooded Lot
- Garden
Parking
- Attached Garage
Home Design
- Contemporary Architecture
- Bitumen Roof
- Wood Composite
Interior Spaces
- 1 Bathroom
- 2 Fireplaces
- Territorial Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Ceramic Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- Cable TV Available
Community Details
- Mercer Island Community
Listing and Financial Details
- Assessor Parcel Number 2524049157
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2021
Closed on
Aug 10, 2021
Sold by
Ma Zhixing
Bought by
Wang Guanming and Gu Yan
Seller's Agent
Caroline Loudenback
Coldwell Banker Danforth
Buyer's Agent
Lu Yao
Kelly Right RE of Seattle LLC
List Price
$1,750,000
Sold Price
$1,950,000
Premium/Discount to List
$200,000
11.43%
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
$396,216
Avg. Annual Appreciation
4.24%
Original Mortgage
$1,365,000
Outstanding Balance
$1,254,521
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,045,484
Purchase Details
Listed on
Oct 25, 2016
Closed on
Dec 1, 2016
Sold by
Briant Brandy W O and Dightman Brett L
Bought by
Ma Zhixing
Seller's Agent
Chad Dierickx
Windermere West Metro
Buyer's Agent
Kahlil Mathews
Redfin
List Price
$1,095,000
Sold Price
$1,193,000
Premium/Discount to List
$98,000
8.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$540,000
Interest Rate
3.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 12, 2012
Sold by
Lee Abigail C
Bought by
Obriant Brandy W and Dightman Brett L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,431
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 18, 2002
Sold by
Lee Lester J
Bought by
Lee Abigail C
Purchase Details
Closed on
Aug 14, 1989
Sold by
Barclas Bank
Bought by
Lee Lester J and Lee Abigail C
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 |
|---|---|---|---|
| Wang Guanming | $1,950,000 | Equity Title Of Wa Llc | |
| Ma Zhixing | $1,193,000 | Ticor National | |
| Obriant Brandy W | $625,000 | Chicago Title | |
| Lee Abigail C | -- | -- | |
| Lee Lester J | $247,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Guanming | $1,365,000 | |
| Previous Owner | Ma Zhixing | $503,000 | |
| Previous Owner | Ma Zhixing | $540,000 | |
| Previous Owner | Briant Brandy W D | $122,750 | |
| Previous Owner | Obriant Brandy W | $577,431 | |
| Previous Owner | Lee Abigail C | $273,155 | |
| Previous Owner | Lee Abigail C | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2021 08/24/21 | Sold | $1,950,000 | +11.4% | $819 / Sq Ft |
| 07/20/2021 07/20/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | For Sale | $1,750,000 | +46.7% | $735 / Sq Ft |
| 12/06/2016 12/06/16 | Sold | $1,193,000 | +8.9% | $493 / Sq Ft |
| 10/31/2016 10/31/16 | Pending | -- | -- | -- |
| 10/25/2016 10/25/16 | For Sale | $1,095,000 | -- | $452 / 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 | $12,564 | $1,917,000 | $1,502,000 | $415,000 |
| 2023 | $12,369 | $1,801,000 | $1,417,000 | $384,000 |
| 2022 | $11,100 | $2,015,000 | $1,595,000 | $420,000 |
| 2021 | $10,656 | $1,506,000 | $1,313,000 | $193,000 |
| 2020 | $10,050 | $1,330,000 | $1,251,000 | $79,000 |
| 2018 | $9,750 | $1,244,000 | $1,047,000 | $197,000 |
| 2017 | $7,919 | $1,123,000 | $947,000 | $176,000 |
| 2016 | $7,372 | $972,000 | $866,000 | $106,000 |
| 2015 | $7,102 | $881,000 | $784,000 | $97,000 |
| 2014 | -- | $811,000 | $725,000 | $86,000 |
| 2013 | -- | $764,000 | $633,000 | $131,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Lu Yao
Kelly Right RE of Seattle LLC
(206) 356-8678
2 in this area
137 Total Sales
-
Seller's Agent in 2016
Chad Dierickx
Windermere Corporate
(206) 854-3931
1 in this area
103 Total Sales
-
K
Buyer's Agent in 2016
Kahlil Mathews
Redfin
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1806208
APN: 252404-9157
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Based on information submitted to the MLS GRID
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