NOT LISTED FOR SALE

7422 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $3,282,000 - $5,069,000

4 Beds
4 Baths
4,180 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $1,720,000 $411 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $26,494/month

14 Days on Market

About This Home

As of January 2013

70’ of prime Mercer Island waterfront including boathouse! With over 4,180 sf, there is room for everyone and every possibility. Gracious hardwood entry opens up to a formal living and dining room, all the while drawing your eye out to the lake view beyond. Main floor also features large kitchen w/breakfast nook open to family room, den/office, and one of 3 decks. 3 bedrooms and 2 full baths upstairs. 4th bedroom, 3/4 BA, rec room, indoor sauna and hot tub downstairs.

Last Agent to Sell the Property

Peggy Watkins

Coldwell Banker Bain License #37666 Listed on: 11/15/2012

Coldwell Banker Bain

Last Buyer's Agent

Aaron Sun

Essential Realty License #26896

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM424094

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$28,734

Year Built

1986

Lot Details

0

Listing Details

  • Condition: Very Good
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Basement: Fully Finished
  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, French Doors, Hot Tub/Spa, Sauna, Security System, Skylights, Walk In Pantry, Walk-in Closet
  • Fireplaces: 3
  • Floor: Hardwood, Vinyl, Wall to Wall Carpet
  • Water Heater Location: Closet-Electric

Exterior Features

  • Community Features: CCRs
  • Exterior: Wood
  • Lot Details: Dead End Street, Paved Street
  • Roof: Cedar Shake
  • Site Features: Boat House, Cable TV, Deck, Dock, Partial Fence, Natural Gas Available, Hot Tub/Spa, Moorage, Patio
  • View: Lake, Mountain
  • Waterfront: Lake
  • Waterfront Frontage: 70

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of MI
  • Water Company: City of MI
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2017
Sold by
Liu Xiaodong
Bought by
Ren Xiangping
Current Estimated Value
$4,363,605

Purchase Details

Listed on
Nov 15, 2012
Closed on
Dec 26, 2012
Sold by
Meyer Robert W
Bought by
Liu Xiaodong and Ren Xiangping
Seller's Agent
Peggy Watkins
Coldwell Banker Bain
Buyer's Agent
Aaron Sun
Essential Realty
List Price
$1,720,000
Sold Price
$1,720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$1,361,600
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Ren Xiangping -- None Available
Liu Xiaodong $1,720,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Xiangping $499,000
Open Ren Xiangping $1,500,000
Closed Ren Xiangping $1,092,900
Previous Owner Liu Xiaodong $1,361,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2013 01/10/13 Sold $1,720,000 0.0% $411 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
11/15/2012 11/15/12 For Sale $1,720,000 -- $411 / 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 $28,734 $4,388,000 $2,595,000 $1,793,000
2023 $27,683 $4,021,000 $2,449,000 $1,572,000
2022 $24,750 $4,497,000 $2,755,000 $1,742,000
2021 $23,757 $3,361,000 $2,268,000 $1,093,000
2020 $23,666 $2,968,000 $2,160,000 $808,000
2018 $25,765 $3,077,000 $1,834,000 $1,243,000
2017 $21,624 $2,970,000 $1,764,000 $1,206,000
2016 $20,118 $2,657,000 $1,613,000 $1,044,000
2015 $19,383 $2,407,000 $1,460,000 $947,000
2014 -- $2,216,000 $1,350,000 $866,000
2013 -- $2,088,000 $1,262,000 $826,000
Source: Public Records

Agents Affiliated with this Home

  • Peggy Watkins

    Seller's Agent in 2013

    Peggy Watkins

    Coldwell Banker Bain

    (206) 679-5444

    22 Total Sales

    Peggy Watkins
    Section Image
  • Aaron Sun

    Buyer's Agent in 2013

    Aaron Sun

    Essential Realty

    (425) 802-2555

    181 Total Sales

    Aaron Sun
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM424094

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0102

Washington King County Mercer Island 98040 Tarywood

7422 E Mercer Way, Mercer Island, WA

This home is located at 7422 E Mercer Way, Mercer Island, WA 98040 since 15 November 2012 and is currently estimated at $4,363,605, approximately $1,043 per square foot. This property was built in 1986. 7422 E 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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