NOT LISTED FOR SALE

7301 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $6,551,000 - $7,975,282

4 Beds
4.5 Baths
4,640 Sq Ft
$1,563/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $7,300,000 $1,573 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $44,436/month

9 Days on Market

Highlights

  • Lake Front
  • Docks
  • Fireplace in Primary Bedroom
  • Lakeridge Elementary School Rated A
  • Spa
  • Deck

About This Home

As of August 2023

Contemporary waterfront paradise tucked on 113’ of westerly Lake Washington waterfront. Built close to the water’s edge, this grand home features lofty ceilings and walls of windows that showcase commanding views from nearly every room. Main floor offers a gourmet kitchen, living, dining, family room and stately home office. Upper level features a breathtaking primary suite w/private deck and two additional en-suite bedrooms. Lower level with spacious rec room and guest suite. Decks off every floor invite entertaining and relaxation. Stunning waterfront with dock and deep water moorage. Coveted Villa Marbella offers the very best of Gold Coast living!

Last Agent to Sell the Property

Greg Rosenwald

COMPASS License #79606 Listed on: 07/19/2023

COMPASS

Last Buyer's Agent

Derrick Schwartz

COMPASS License #21024304

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2140147

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,204

Year Built

  • Built in 1991

Lot Details

  • 0.38 Acre Lot
  • Lake Front
  • Level Lot
  • Garden

Parking

  • 3 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Stucco

Interior Spaces

  • 4,640 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • 4 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Lake Views
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Circulator
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • West Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8944220070

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,204

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1991
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 4640
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 654

Interior Features

  • Fireplaces: 4
  • Basement: Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Hot Tub/Spa, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wet Bar, Fireplace, Water Heater
  • Living Area: 4640
  • Bathrooms: 4.25
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 4640
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 3
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Flat
  • View: Lake
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Water Recirc Pump
  • Heating Yn: Yes
  • WaterHeaterLocation: 2 in garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 8944220070
  • Topography: Level,PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.3789
  • Lot Size Sq Ft: 16503
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Gas Available,High Speed Internet,Hot Tub/Spa,Patio
  • MLSLotSizeSource: KCAR
  • MLSSquareFootageSource: KCAR

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 41204

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 27, 2023
Sold by
Qprt Dolores C Harrington
Bought by
Schwartz Daniel A
Seller's Agent
Greg Rosenwald
COMPASS
Buyer's Agent
Derrick Schwartz
COMPASS
List Price
$7,750,000
Sold Price
$7,300,000
Premium/Discount to List
-$450,000
-5.81%
Total Days on Market
9
Views
31
Current Estimated Value
$7,252,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,429
Avg. Annual Appreciation
-0.36%
Original Mortgage
$5,819,000
Outstanding Balance
$5,701,279
Interest Rate
5.88%
Mortgage Type
Construction
Estimated Equity
$1,551,292

Purchase Details

Closed on
Dec 3, 2012
Sold by
Harrington Dolores C
Bought by
Harrington Dolores C and Dolores C Harrington Qprt For Scott L Ha

Purchase Details

Closed on
Jun 11, 1992
Sold by
Trull Development Inc
Bought by
Harrington Robert S and Harrington Dolores C
Source: Public Records

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Range of Values:

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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
Schwartz Daniel A $7,300,000 Chicago Title
Harrington Dolores C -- None Available
Harrington Robert S $1,625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Daniel A $5,819,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $7,300,000 -5.8% $1,573 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $7,750,000 -- $1,670 / 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 $47,010 $7,181,000 $4,032,000 $3,149,000
2023 $46,416 $6,744,000 $3,804,000 $2,940,000
2022 $41,204 $7,489,000 $4,279,000 $3,210,000
2021 $39,546 $5,597,000 $3,522,000 $2,075,000
2020 $38,458 $4,942,000 $3,355,000 $1,587,000
2018 $39,907 $4,767,000 $3,355,000 $1,412,000
2017 $34,833 $4,601,000 $3,226,000 $1,375,000
2016 $32,397 $4,281,000 $2,949,000 $1,332,000
2015 $31,210 $3,877,000 $2,669,000 $1,208,000
2014 -- $3,569,000 $2,467,000 $1,102,000
2013 -- $3,378,000 $2,434,000 $944,000
Source: Public Records

Agents Affiliated with this Home

  • Greg Rosenwald

    Seller's Agent in 2023

    Greg Rosenwald

    COMPASS

    (206) 230-5445

    11 in this area

    130 Total Sales

    Greg Rosenwald
    Section Image

  • D

    Buyer's Agent in 2023

    Derrick Schwartz

    COMPASS

    (425) 242-6440

    2 in this area

    5 Total Sales

    Derrick Schwartz
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2140147

Northwest Multiple Listing Service (NWMLS)

APN: 894422-0070

Washington King County Mercer Island 98040 Island Point

7301 W Mercer Way, Mercer Island, WA

This home is located at 7301 W Mercer Way, Mercer Island, WA 98040 since 19 July 2023 and is currently estimated at $7,252,571, approximately $1,563 per square foot. This property was built in 1991. 7301 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) 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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