NOT LISTED FOR SALE

7431 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $1,257,000 - $3,364,000

0.23 Acre
$11,415,383 Price per Acre
10,019 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $460,000

Est. 471% increase in value since last sale

Current estimated payment $15,548/month

36 Days on Market

About This Lot

As of December 2018

Amazing view lot with flat building pad with water and electric at the property. Current lot sqft can be expanded with a lot line or short plat revision to create a 11,250 sqft lot. The owners are willing to work with the builder/buyer and have already done due diligence with the city. The house should have amazing views and a large flat lot. There is currently a tennis court where the building pad might be placed.

Last Listed By

Robyn Kimura-Hsu

Realogics Sotheby's Int'l Rlty License #72569 Listed on: 09/28/2018

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1368201

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,369

Year Built

  • 2021

Lot Details

Property Views

  • Lake
  • Mountain
  • Territorial

Utilities

  • Sewer in Street

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 2579500162

Property Details

Property Type

Land

Est. Annual Taxes

$19,369

Year Built

2021

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Road On Which Sideof Property: north
  • View: Lake, Mountain, Territorial

Utilities

  • Electricity: On Property
  • Gas Available: In Street
  • Sewer: Available, In Street
  • Water: Available

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • Elementary School: Lakeridge Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 9850
  • Parcel Number: 2579500162
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 6667

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
Dec 19, 2018
Sold by
Sutherland Stephen R and Sutherland Denise E
Bought by
Guo Shijun and Yang Xiaomeng
Seller's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Wei Song
WPI Real Estate Services, Inc.
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%
Total Days on Market
36
Current Estimated Value
$2,625,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,165,538
Avg. Annual Appreciation
30.15%

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
Guo Shijun $460,000 Wfg National Title Company O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Shijun $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $460,000 -7.1% --
11/03/2018 11/03/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $495,000 0.0% --
10/02/2018 10/02/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $495,000 -- --
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 $19,369 $2,957,000 $1,050,000 $1,907,000
2023 $19,478 $2,777,000 $991,000 $1,786,000
2022 $12,321 $3,175,000 $1,115,000 $2,060,000
2021 $7,048 $1,672,000 $918,000 $754,000
2020 $6,189 $879,000 $875,000 $4,000
2018 $6,063 $767,000 $757,000 $10,000
2017 $5,208 $698,000 $685,000 $13,000
2016 $4,847 $639,000 $627,000 $12,000
2015 $4,696 $579,000 $568,000 $11,000
2014 -- $536,000 $525,000 $11,000
2013 -- $570,000 $526,000 $44,000
Source: Public Records

Agents Affiliated with this Home

  • Robyn Kimura-Hsu

    Seller's Agent in 2018

    Robyn Kimura-Hsu

    Reaologics Sothebys International Realty

    (206) 295-2247

    3 in this area

    143 Total Sales

    Robyn Kimura-Hsu
    Section Image
  • Rachel Schindler

    Seller Co-Listing Agent in 2018

    Rachel Schindler

    Reaologics Sothebys International Realty

    (206) 250-5622

    3 in this area

    142 Total Sales

    Rachel Schindler
    Section Image
  • Wei Song

    Buyer's Agent in 2018

    Wei Song

    WPI Real Estate Services, Inc.

    (206) 992-4682

    98 Total Sales

    Wei Song
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1368201

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0162

Washington King County Mercer Island 98040 Tarywood

7431 E Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7431 E Mercer Way, Mercer Island, WA 98040 since 28 September 2018 and is currently estimated at $2,625,538. This property was built in 2021. 7431 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) 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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