Seller's Agent in 2021
Sarah Ford
Coldwell Banker Bain
(206) 230-5354
4 in this area
79 Total Sales
7416 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $4,280,000 - $4,672,000
5
Beds
5
Baths
5,030
Sq Ft
$896/Sq Ft
Est. Value
Highlights
- Lake View
- Fruit Trees
- Wood Flooring
- Lakeridge Elementary School Rated A
- Deck
- 3 Fireplaces
About This Home
As of September 2021Stunning 2 Story. Spectacular grounds, Luscious Landscaping & Western Views. Extremely well built by luxury builder Aspen Homes. High-end Customizations & Distinctive Details set this home apart, provide daily comforts. Furniture-grade cabinetry & lowered baking counter. Fabulous eating nook w/ walls of windows. Cozy Den. Original murals by Melissa Koch. Master is a true retreat with lake/mountain views from lounge & private deck. Flex rm for nursery/office/gym. Main floor suite has 5 piece art deco bath. Impeccably maintained. Updated systems.New Furnaces/AC. Wifi Thermostats, Irrigation, Landscape lighting, Ring Video. Unbelievable storage, huge pantry/laundry. Amazing yard. Well connected-Access schools, parks, QFC via neighborhood trail
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1828653
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,348
Year Built
- Built in 2000
Lot Details
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Fruit Trees
- Garden
Parking
- Attached Garage
Property Views
- Lake
- City
- Mountain
Home Design
- Poured Concrete
- Tile Roof
- Wood Siding
Interior Spaces
- 3 Fireplaces
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- South End Community
Listing and Financial Details
- Assessor Parcel Number 2524049319
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2021
Closed on
Sep 20, 2021
Sold by
Glasser Daniel S and Glasser Michele Weinberger
Bought by
Lu Chaoqing and Liu Xiaoyin
Seller's Agent
Sarah Ford
Coldwell Banker Bain
Buyer's Agent
Weiming Shi
MY REALTY GROUP LLC
List Price
$3,788,000
Sold Price
$3,850,000
Premium/Discount to List
$62,000
1.64%
Total Days on Market
2
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
$655,418
Avg. Annual Appreciation
4.30%
Original Mortgage
$2,000,000
Outstanding Balance
$1,830,935
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$2,649,557
Purchase Details
Closed on
Feb 21, 2001
Sold by
Aspen Homes Inc
Bought by
Glasser Daniel S and Glasser Michele Weinberger
Purchase Details
Closed on
Nov 16, 1998
Sold by
Drury Plat Llc
Bought by
Aspen Homes Inc
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 |
|---|---|---|---|
| Lu Chaoqing | $3,850,000 | Rainier Title | |
| Glasser Daniel S | $1,650,000 | Fidelity National Title | |
| Aspen Homes Inc | $802,000 | Old Republic Title Ltd |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lu Chaoqing | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2021 09/28/21 | Sold | $3,850,000 | +1.6% | $765 / Sq Ft |
| 08/28/2021 08/28/21 | Pending | -- | -- | -- |
| 08/26/2021 08/26/21 | For Sale | $3,788,000 | -- | $753 / 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 | $23,348 | $3,565,000 | $1,534,000 | $2,031,000 |
| 2023 | $23,407 | $3,412,000 | $1,448,000 | $1,964,000 |
| 2022 | $21,005 | $3,816,000 | $1,629,000 | $2,187,000 |
| 2021 | $21,054 | $2,852,000 | $1,341,000 | $1,511,000 |
| 2020 | $21,487 | $2,630,000 | $1,278,000 | $1,352,000 |
| 2018 | $20,849 | $2,663,000 | $1,191,000 | $1,472,000 |
| 2017 | $18,200 | $2,403,000 | $1,077,000 | $1,326,000 |
| 2016 | $16,927 | $2,236,000 | $985,000 | $1,251,000 |
| 2015 | $16,306 | $2,025,000 | $892,000 | $1,133,000 |
| 2014 | -- | $1,864,000 | $825,000 | $1,039,000 |
| 2013 | -- | $1,698,000 | $715,000 | $983,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Ford
-
Weiming Shi
W
Buyer's Agent in 2021
Weiming Shi
MY REALTY GROUP LLC
(206) 483-3450
1 in this area
104 Total Sales
Map
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1828653
APN: 252404-9319
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.
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. ©2025 NWMLS.
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