NOT LISTED FOR SALE

7429 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $3,373,000 - $4,058,000

4 Beds
5 Baths
4,331 Sq Ft
$858/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $2,525,000 $583 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $22,366/month

95 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • 1 Fireplace
  • Lakeridge Elementary School Rated A
  • Modern Architecture
  • Cul-De-Sac

About This Home

As of November 2017

Watch The Seahawks training!!! Spectacular new construction with full views situated on a private lane of only 4 homes: elevator, roof top deck, three car garage .... a most inviting contemporary! Great room concept with separate prep kitchen; top of the line appliances and amenities; multiple decks allow for comfortable flow for both large and small group occasions; 4 bedrooms and 3 full baths; optional guest suite with full bath lower level or use as media/playroom. Very easy to live in.

Last Agent to Sell the Property

Hedy Joyce

Coldwell Banker Bain License #47854 Listed on: 06/13/2017

Coldwell Banker Bain

Last Buyer's Agent

Gary Lu

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1142011

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,111

Year Built

  • Built in 2017

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Modern Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite
  • Stone

Interior Spaces

  • 1 Fireplace
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 2579500151

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,111

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Modern
  • New Construction: Under Construction
  • Homebuilder: Signature Custom Homes
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, High Tech Cabling, Jetted Tub, Skylights, Walk In Pantry
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Bathrooms: 4.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 4
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4331
  • Square Footage Finished: 4331

Exterior Features

  • Exterior: Cement Planked, Stone, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Heat Pump, High Efficiency (Unspecified), Radiant
  • Power Company: PSA
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Lower level-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer

Schools

  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street
  • Lot Sq Ft: 11727
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Terraces
  • Parcel Number: 2579500151
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope, Terraces

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2023
Sold by
Pierce Damon and Pierce Jessica T
Bought by
Damon And Jessica Pierce Living Trust and Pierce
Current Estimated Value
$3,715,909

Purchase Details

Listed on
Jun 13, 2017
Closed on
Nov 2, 2017
Sold by
Lhj Investment Group Llc
Bought by
Pierce Damon and Pierce Jessica
Seller's Agent
Hedy Joyce
Coldwell Banker Bain
Buyer's Agent
Gary Lu
John L. Scott, Inc.
List Price
$2,725,000
Sold Price
$2,525,000
Premium/Discount to List
-$200,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$1,893,750
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2014
Sold by
Barto Randall
Bought by
Lhj Investment Group Llc

Purchase Details

Closed on
Jul 27, 1989
Sold by
Barto M Bruce
Bought by
Barto Randall
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
Damon And Jessica Pierce Living Trust $313 None Listed On Document
Pierce Damon $2,525,000 Rainier Title
Lhj Investment Group Llc $475,000 Chicago Title
Barto Randall -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierce Damon $1,893,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $2,525,000 -3.6% $583 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
07/21/2017 07/21/17 Price Changed $2,620,000 -3.9% $605 / Sq Ft
06/13/2017 06/13/17 For Sale $2,725,000 -- $629 / 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 $22,111 $3,376,000 $1,089,000 $2,287,000
2023 $22,248 $3,231,000 $1,028,000 $2,203,000
2022 $19,893 $3,614,000 $1,157,000 $2,457,000
2021 $19,542 $2,701,000 $953,000 $1,748,000
2020 $21,171 $2,441,000 $908,000 $1,533,000
2018 $20,545 $2,624,000 $757,000 $1,867,000
2017 $11,213 $2,368,000 $685,000 $1,683,000
2016 $4,822 $1,377,000 $627,000 $750,000
2015 $4,670 $576,000 $568,000 $8,000
2014 -- $533,000 $525,000 $8,000
2013 -- $602,000 $558,000 $44,000
Source: Public Records

Agents Affiliated with this Home

  • Hedy Joyce

    Seller's Agent in 2017

    Hedy Joyce

    Coldwell Banker Bain

    (206) 406-7275

    1 in this area

    26 Total Sales

    Hedy Joyce
    Section Image

  • G

    Buyer's Agent in 2017

    Gary Lu

    John L. Scott, Inc.

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1142011

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0151

Washington King County Mercer Island 98040 Tarywood

7429 E Mercer Way, Mercer Island, WA

This home is located at 7429 E Mercer Way, Mercer Island, WA 98040 since 13 June 2017 and is currently estimated at $3,715,909, approximately $857 per square foot. This property was built in 2017. 7429 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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