Seller's Agent in 2024
Sharon Singh
Reaologics Sothebys International Realty
(425) 577-0709
2 in this area
10 Total Sales
Listed by Realogics Sotheby's Int'l Rlty, Bought with Realogics Sotheby's Int'l Rlty
7435 86th Ave SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $2,298,956 - $2,720,000
4
Beds
2.5
Baths
2,750
Sq Ft
$900/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Territorial View
- Traditional Architecture
- Lakeridge Elementary School Rated A
- Vaulted Ceiling
- 1-minute walk to Wildwood Park
About This Home
As of June 2024For the first time, this exquisite 2,750 SF home in the beloved Mercer Island Estates community is on the market, meticulously maintained & upgraded by its original owners. Boasting 4 bedrooms, this residence is ideally located near parks, trails, schools, shopping, restaurants, & the Mercer Island Country Club. Inside, enjoy warm, spacious interiors featuring 2 fireplaces & a circular floor plan for modern living. Enjoy exceptional indoor-outdoor living with a large patio & a level, lush yard, complete w/a tranquil water feature. Updates include newer windows, roof, A/C, & updated appliances. Additional amenities like ample storage and a three-car garage enhance the home’s functionality and appeal, making it a truly special property.
Last Agent to Sell the Property
Realogics Sotheby's Int'l Rlty License #22027142 Listed on: 05/14/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2235521
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,364
Year Built
- Built in 1974
Lot Details
- 0.27 Acre Lot
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Garden
- Property is in very good condition
- Zoning described as R9.6
Parking
- 3 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Wood Siding
Interior Spaces
- 2,750 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Skylights
- 2 Fireplaces
- Gas Fireplace
- Dining Room
- Territorial Views
- Storm Windows
Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5451210060
Community Details
Overview
- No Home Owners Association
- Mercer Island Estates Subdivision
- The community has rules related to covenants, conditions, and restrictions
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Jun 6, 2024
Sold by
Versaw Living Trust and Versaw Marjorie R
Bought by
Eng David Robert and Eng Kristina Marie
Seller's Agent
Sharon Singh
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Tammy Gwinn
Realogics Sotheby's Int'l Rlty
List Price
$2,298,000
Sold Price
$2,831,700
Premium/Discount to List
$533,700
23.22%
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
-$356,461
Avg. Annual Appreciation
-10.28%
Original Mortgage
$2,000,000
Interest Rate
7.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2016
Sold by
Versaw Marjorie R
Bought by
Versaw Marjorie R and The Versaw Family Trust
Purchase Details
Closed on
Jul 30, 1999
Sold by
Versaw Paul E and Versaw Marjorie R
Bought by
Versaw Paul E and Versaw Marjorie 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 |
|---|---|---|---|
| Eng David Robert | $2,831,700 | First American Title Insurance | |
| Versaw Marjorie R | -- | None Available | |
| Versaw Paul E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eng David Robert | $1,985,200 | |
| Closed | Eng David Robert | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $2,831,700 | +23.2% | $1,030 / Sq Ft |
| 05/20/2024 05/20/24 | Pending | -- | -- | -- |
| 05/14/2024 05/14/24 | For Sale | $2,298,000 | -- | $836 / 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 | $11,550 | $1,762,000 | $1,200,000 | $562,000 |
| 2023 | $11,405 | $1,655,000 | $1,133,000 | $522,000 |
| 2022 | $10,202 | $1,851,000 | $1,275,000 | $576,000 |
| 2021 | $9,792 | $1,384,000 | $1,050,000 | $334,000 |
| 2020 | $9,694 | $1,222,000 | $1,000,000 | $222,000 |
| 2018 | $9,403 | $1,200,000 | $867,000 | $333,000 |
| 2017 | $7,943 | $1,083,000 | $784,000 | $299,000 |
| 2016 | $7,388 | $975,000 | $717,000 | $258,000 |
| 2015 | $7,119 | $883,000 | $649,000 | $234,000 |
| 2014 | -- | $813,000 | $600,000 | $213,000 |
| 2013 | -- | $684,000 | $515,000 | $169,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Singh
-
Michele Schuler
Seller Co-Listing Agent in 2024
Michele Schuler
Reaologics Sothebys International Realty
(206) 992-2013
1 in this area
185 Total Sales
-
Tammy Gwinn
Buyer's Agent in 2024
Tammy Gwinn
Reaologics Sothebys International Realty
(206) 799-3224
2 in this area
44 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2235521
APN: 545121-0060
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Based on information submitted to the MLS GRID
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