Seller's Agent in 2023
Cynthia Schoonmaker
Windermere Corporate
(206) 683-2725
2 in this area
29 Total Sales
Listed by Windermere Mercer Island, Bought with Russell Jones Real Estate
7373 Mercer Terrace Dr Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,868,000 - $3,501,000
6
Beds
3.5
Baths
4,320
Sq Ft
$706/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Deck
- Wooded Lot
- Lakeridge Elementary School Rated A
- Contemporary Architecture
- Territorial View
About This Home
As of June 2023Nestled in a peaceful cul-de-sac, this updated, dramatic Fischer-built mid-century modern delights. Its walls of windows and soaring ceilings complement lush, natural scenery. Gather around the stone-framed fireplace or host parties in the adjacent dining area with French doors opening to an expansive deck. Remodeled in 2014, the kitchen is the heart of the home with three islands, a walk-in pantry, and built-in Wolf/Miele/SubZero appliances. A casual eating area and family room are just beyond. Six bedrooms, including serene primary suite + rec room provide ample flex space. Don’t miss guest apartment with its own kitchen & living area. Extras include a whole house generator, fenced pet area, 3-car garage. Near schools, parks & shopping!
Last Agent to Sell the Property
Windermere Mercer Island License #11207 Listed on: 05/10/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2053387
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,300
Year Built
- Built in 1968
Lot Details
- 0.36 Acre Lot
- Cul-De-Sac
- Dog Run
- Sloped Lot
- Wooded Lot
- Property is in very good condition
- Zoning described as R9.6
Parking
- 3 Car Attached Garage
Home Design
- Contemporary Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 4,320 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Vaulted Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- French Doors
- Dining Room
- Territorial Views
- Finished Basement
- Natural lighting in basement
Kitchen
- Second Kitchen
- Walk-In Pantry
- Oven or Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
- Travertine
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating System
- High Efficiency Heating System
- Radiant Heating System
- Generator Hookup
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Leo Fischer
- South End Subdivision
Listing and Financial Details
- Legal Lot and Block 7 / 2
- Assessor Parcel Number 5453600260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2023
Closed on
Jun 22, 2023
Sold by
D & E Phillips Revocable Trust
Bought by
Cooper Sarah Moritz
Seller's Agent
Cynthia Schoonmaker
Windermere Mercer Island
Buyer's Agent
Jacob Pickett
Russell Jones Real Estate
List Price
$2,685,000
Sold Price
$2,575,000
Premium/Discount to List
-$110,000
-4.1%
Views
63
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
$434,758
Avg. Annual Appreciation
6.75%
Original Mortgage
$1,802,500
Outstanding Balance
$1,765,617
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,193,491
Purchase Details
Closed on
May 19, 2022
Sold by
Phillips David E and Phillips Edee J
Bought by
D & E Phillips Revocable Trust
Purchase Details
Closed on
Sep 20, 2006
Sold by
Callahan Kathryn M and Borovec Robert
Bought by
Phillips David E and Goodman Phillips Edee J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,309
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 6, 1985
Sold by
Shelver James R and Shelver Joanne M
Bought by
Callahan Kathryn M
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 |
|---|---|---|---|
| Cooper Sarah Moritz | $2,575,000 | Chicago Title | |
| D & E Phillips Revocable Trust | -- | None Listed On Document | |
| Phillips David E | $1,031,637 | Transnation Ti | |
| Callahan Kathryn M | $184,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cooper Sarah Moritz | $1,802,500 | |
| Previous Owner | Phillips David E | $400,000 | |
| Previous Owner | Phillips David E | $499,133 | |
| Previous Owner | Phillips David E | $506,000 | |
| Previous Owner | Phillips David E | $175,309 | |
| Previous Owner | Phillips David E | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $2,575,000 | -4.1% | $596 / Sq Ft |
| 05/30/2023 05/30/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | For Sale | $2,685,000 | -- | $622 / 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 | $15,567 | $2,376,000 | $1,315,000 | $1,061,000 |
| 2023 | $15,375 | $2,232,000 | $1,241,000 | $991,000 |
| 2022 | $13,300 | $2,478,000 | $1,397,000 | $1,081,000 |
| 2021 | $12,767 | $1,805,000 | $1,150,000 | $655,000 |
| 2020 | $12,141 | $1,594,000 | $1,096,000 | $498,000 |
| 2018 | $11,779 | $1,504,000 | $856,000 | $648,000 |
| 2017 | $9,952 | $1,357,000 | $774,000 | $583,000 |
| 2016 | $9,259 | $1,222,000 | $708,000 | $514,000 |
| 2015 | $8,902 | $1,107,000 | $641,000 | $466,000 |
| 2014 | -- | $1,017,000 | $593,000 | $424,000 |
| 2013 | -- | $848,000 | $554,000 | $294,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jacob Pickett
Russell Jones Real Estate
(206) 459-7048
1 in this area
17 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2053387
APN: 545360-0260
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Based on information submitted to the MLS GRID
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