Seller's Agent in 2016
Allen Hovsepian
Windermere Corporate
(206) 718-6500
28 Total Sales
Listed by Windermere Mercer Island, Bought with Windermere Mercer Island
7416 Mercer Terrace Dr Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $1,886,000 - $3,041,000
4
Beds
4
Baths
4,400
Sq Ft
$595/Sq Ft
Est. Value
Highlights
- Fruit Trees
- Deck
- Territorial View
- Lakeridge Elementary School Rated A
- Northwest Architecture
- Wood Flooring
About This Home
As of August 20161st time on the market in over 40 years. Incredible opportunity to make this your own. Spacious floor plan with lots of privacy, soaring ceilings & floor to ceiling windows awaits your designer touches. Grand piano sized formal living & dining rooms. Large kitchen with island is adjacent to family room. Great space for entertaining. Huge lower level with endless opportunities. Hardwoods under bedroom carpeting. Mercer Island Schools. Super Quiet South Mercer Island location.
Last Agent to Sell the Property
Windermere Mercer Island License #9082 Listed on: 06/21/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM950173
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,199
Year Built
- Built in 1967
Lot Details
- Property is Fully Fenced
- Brush Vegetation
- Level Lot
- Fruit Trees
- Garden
Parking
- Attached Garage
Home Design
- Northwest Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3 Fireplaces
- Territorial Views
- Finished Basement
- Natural lighting in basement
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl
Outdoor Features
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5453600170
Community Details
Overview
- South End Community
Recreation
- Sport Court
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2016
Closed on
Aug 3, 2016
Sold by
Anderson John E
Bought by
Graesser Melissa and Graesser Steve
Seller's Agent
Allen Hovsepian
Windermere Mercer Island
Buyer's Agent
Julie Wilson
Windermere Mercer Island
List Price
$1,000,000
Sold Price
$1,025,000
Premium/Discount to List
$25,000
2.5%
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
$1,591,199
Avg. Annual Appreciation
10.29%
Original Mortgage
$665,000
Outstanding Balance
$539,047
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,970,945
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 |
|---|---|---|---|
| Graesser Melissa | $1,025,000 | Fidelity Natio |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Graesser Melissa | $665,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2016 08/08/16 | Sold | $1,025,000 | +2.5% | $233 / Sq Ft |
| 06/28/2016 06/28/16 | Pending | -- | -- | -- |
| 06/21/2016 06/21/16 | For Sale | $1,000,000 | -- | $227 / 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 | $13,199 | $2,014,000 | $1,237,000 | $777,000 |
| 2023 | $13,036 | $1,892,000 | $1,167,000 | $725,000 |
| 2022 | $11,357 | $2,116,000 | $1,313,000 | $803,000 |
| 2021 | $10,903 | $1,541,000 | $1,081,000 | $460,000 |
| 2020 | $9,584 | $1,361,000 | $1,030,000 | $331,000 |
| 2018 | $10,851 | $1,187,000 | $902,000 | $285,000 |
| 2017 | $9,163 | $1,071,000 | $816,000 | $255,000 |
| 2016 | $8,524 | $1,125,000 | $746,000 | $379,000 |
| 2015 | $8,212 | $1,019,000 | $676,000 | $343,000 |
| 2014 | -- | $938,000 | $625,000 | $313,000 |
| 2013 | -- | $862,000 | $554,000 | $308,000 |
Source: Public Records
Agents Affiliated with this Home
-
Allen Hovsepian
-
Julie Wilson
Buyer's Agent in 2016
Julie Wilson
Windermere Corporate
(206) 225-1500
6 in this area
63 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM950173
APN: 545360-0170
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.
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Based on information submitted to the MLS GRID
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