Seller's Agent in 2024
Diane Tien
Reaologics Sothebys International Realty
(206) 673-7206
3 in this area
38 Total Sales
Listed by Realogics Sotheby's Int'l Rlty
7430 80th Place SE Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,988,460 - $3,418,000
4
Beds
2.5
Baths
2,900
Sq Ft
$1,097/Sq Ft
Est. Value
Highlights
- 157 Feet of Waterfront
- Lake View
- Property is near public transit
- Lakeridge Elementary School Rated A
- Deck
- Vaulted Ceiling
About This Home
As of August 2024Welcome to The Lakes! This light and bright one-level home features high ceilings and windows abound looking out to beautifully landscaped grounds on the over 1/3 acre including 157 feet of lakefront. Designed to gather as well as find quiet, there are 4 bedrooms and 2.5 baths, including a primary en suite. Linger in the spacious chef's kitchen with a breakfast nook and an adjoining family room with a gas fireplace. Relax on the deck or the wrap-around patio, with grass leading down to the water. Additional features include a flex room, ample storage, and a 2-car garage. This fabled neighborhood has shortcuts to both Lakeridge Elementary & Islander Middle School! Near shopping, MICC, parks with 6 miles of trails.
Last Agent to Sell the Property
Realogics Sotheby's Int'l Rlty License #21007492 Listed on: 07/25/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2269139
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,837
Year Built
- Built in 1986
Lot Details
- 0.32 Acre Lot
- 157 Feet of Waterfront
- East Facing Home
- Level Lot
- Sprinkler System
- Garden
- Property is in very good condition
- Zoning described as R-9.6
HOA Fees
- $149 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 2,900 Sq Ft Home
- 1-Story Property
- Wet Bar
- Vaulted Ceiling
- Skylights
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Dining Room
- Lake Views
Kitchen
- Walk-In Pantry
- Double Oven
- Stove
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Stone
- Marble
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Lakeridge Elementary School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- Air Filtration System
- Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 4141000200
Community Details
Overview
- Theboard@Thelakesmi.Com Association
- Built by John Buchan
- The Lakes Subdivision
- The community has rules related to covenants, conditions, and restrictions
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2024
Closed on
Aug 22, 2024
Sold by
Imamura Lawrence J and Imamura Marcia R
Bought by
Masada Steven T and Nguyen Jessica T
Seller's Agent
Diane Tien
Realogics Sotheby's Int'l Rlty
List Price
$2,900,000
Sold Price
$3,100,000
Premium/Discount to List
$200,000
6.9%
Views
8
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
$80,365
Avg. Annual Appreciation
2.42%
Original Mortgage
$766,500
Outstanding Balance
$761,136
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$2,419,229
Purchase Details
Closed on
Jun 25, 1986
Sold by
Buchan Construction Inc John F
Bought by
Imamura Lawrence J and Imamura Marcia R
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 |
|---|---|---|---|
| Masada Steven T | $3,100,000 | Chicago Title | |
| Imamura Lawrence J | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Masada Steven T | $766,500 | |
| Previous Owner | Imamura Lawrence J | $616,000 | |
| Previous Owner | Imamura Lawrence J | $220,000 | |
| Previous Owner | Imamura Lawrence J | $821,000 | |
| Previous Owner | Imamura Lawrence J | $420,000 | |
| Previous Owner | Imamura Lawrence J | $506,000 | |
| Previous Owner | Imamura Lawrence J | $187,000 | |
| Previous Owner | Imamura Lawrence J | $544,600 | |
| Previous Owner | Imamura Lawrence | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2024 08/29/24 | Sold | $3,100,000 | +6.9% | $1,069 / Sq Ft |
| 07/30/2024 07/30/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $2,900,000 | -- | $1,000 / 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 | $16,837 | $2,570,000 | $1,410,000 | $1,160,000 |
| 2023 | $16,118 | $2,340,000 | $1,331,000 | $1,009,000 |
| 2022 | $14,411 | $2,617,000 | $1,498,000 | $1,119,000 |
| 2021 | $13,831 | $1,956,000 | $1,233,000 | $723,000 |
| 2020 | $13,886 | $1,727,000 | $1,175,000 | $552,000 |
| 2018 | $12,282 | $1,720,000 | $917,000 | $803,000 |
| 2017 | $10,725 | $1,415,000 | $830,000 | $585,000 |
| 2016 | $9,978 | $1,317,000 | $759,000 | $558,000 |
| 2015 | $9,541 | $1,193,000 | $687,000 | $506,000 |
| 2014 | -- | $1,090,000 | $635,000 | $455,000 |
| 2013 | -- | $1,001,000 | $594,000 | $407,000 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Tien
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2269139
APN: 414100-0200
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.
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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