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Seller's Agent in 2017
Terry Donovan
Windermere Corporate
7436 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $3,557,221 - $4,668,000
5
Beds
1
Bath
5,030
Sq Ft
$819/Sq Ft
Est. Value
Highlights
- Lake View
- Craftsman Architecture
- Deck
- Lakeridge Elementary School Rated A
- Fruit Trees
- Secluded Lot
About This Home
As of August 2017Nestled in the arms of the West Firs Neighborhood on Mercer Island's West Side, the location is beyond perfection. The sparking lake & twinkling lights of Seattle crown this jewel! Cross the threshold of this Luxury View Home & be instantly captivated by dramatic spaces, extraordinary detail & sublime finishes that create an unparalleled interior. This 5BR, 5Bath, 5,030sq. ft. home with view legal ADU is designed with living & entertaining in mind...indoors and out!
Last Agent to Sell the Property
Terry Donovan
Windermere Mercer Island License #48111 Listed on: 05/31/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM943296
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,794
Year Built
- Built in 2002
Lot Details
- Open Space
- Street terminates at a dead end
- Partially Fenced Property
- Secluded Lot
- Level Lot
- Sprinkler System
- Fruit Trees
- Garden
- Drought Tolerant Landscaping
- Property is zoned R-15
Parking
- Detached Garage
Property Views
- Lake
- City
- Mountain
Home Design
- Craftsman Architecture
- Poured Concrete
- Metal Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 3 Fireplaces
- Finished Basement
- Natural lighting in basement
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Slate Flooring
- Vinyl
Outdoor Features
- Deck
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Westside Community
Listing and Financial Details
- Assessor Parcel Number 2524049052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2016
Closed on
Jul 31, 2017
Sold by
Tracy Kenneth and Tracy Laurie
Bought by
Liang Yuzhen
Seller's Agent
Terry Donovan
Windermere Mercer Island
Buyer's Agent
Tim Conway
John L. Scott, Inc.
List Price
$2,193,500
Sold Price
$2,050,000
Premium/Discount to List
-$143,500
-6.54%
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
$2,071,805
Avg. Annual Appreciation
7.12%
Original Mortgage
$1,332,500
Outstanding Balance
$1,143,398
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,443,964
Purchase Details
Closed on
Jun 20, 2008
Sold by
Young Marcie Janet
Bought by
Tracy Kenneth and Tracy Laurie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 22, 1997
Sold by
Drury Robert E and Drury Karin M
Bought by
Young Marcie Janet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
7.22%
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 |
|---|---|---|---|
| Liang Yuzhen | $2,050,000 | Fidelity National Title | |
| Tracy Kenneth | $2,055,000 | Fidelity National Title | |
| Young Marcie Janet | $375,000 | Pacific Northwest Title Co | |
| Drury Plat Llc | $675,000 | Pacific Northwest Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Liang Yuzhen | $1,332,500 | |
| Previous Owner | Tracy Kenneth | $1,500,000 | |
| Previous Owner | Drury Plat Llc | $675,000 | |
| Previous Owner | Young Marcie Janet | $281,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2017 08/07/17 | Sold | $2,050,000 | -6.5% | $408 / Sq Ft |
| 06/10/2017 06/10/17 | Pending | -- | -- | -- |
| 04/19/2017 04/19/17 | For Sale | $2,193,500 | 0.0% | $436 / Sq Ft |
| 04/17/2017 04/17/17 | Pending | -- | -- | -- |
| 03/15/2017 03/15/17 | Price Changed | $2,193,500 | -0.2% | $436 / Sq Ft |
| 01/30/2017 01/30/17 | For Sale | $2,198,500 | 0.0% | $437 / Sq Ft |
| 01/25/2017 01/25/17 | Pending | -- | -- | -- |
| 12/20/2016 12/20/16 | For Sale | $2,198,500 | +7.2% | $437 / Sq Ft |
| 11/25/2016 11/25/16 | Off Market | $2,050,000 | -- | -- |
| 10/24/2016 10/24/16 | Price Changed | $2,198,500 | -3.1% | $437 / Sq Ft |
| 10/09/2016 10/09/16 | Price Changed | $2,269,900 | -0.2% | $451 / Sq Ft |
| 09/07/2016 09/07/16 | Price Changed | $2,274,900 | -3.2% | $452 / Sq Ft |
| 06/24/2016 06/24/16 | Price Changed | $2,349,950 | -5.9% | $467 / Sq Ft |
| 06/15/2016 06/15/16 | For Sale | $2,498,500 | 0.0% | $497 / Sq Ft |
| 06/12/2016 06/12/16 | Pending | -- | -- | -- |
| 05/31/2016 05/31/16 | For Sale | $2,498,500 | -- | $497 / 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 | $18,794 | $2,869,000 | $1,456,000 | $1,413,000 |
| 2023 | $18,560 | $2,695,000 | $1,374,000 | $1,321,000 |
| 2022 | $16,597 | $3,014,000 | $1,546,000 | $1,468,000 |
| 2021 | $15,935 | $2,253,000 | $1,273,000 | $980,000 |
| 2020 | $17,612 | $1,990,000 | $1,213,000 | $777,000 |
| 2018 | $17,276 | $2,182,000 | $1,118,000 | $1,064,000 |
| 2017 | $14,832 | $1,991,000 | $1,011,000 | $980,000 |
| 2016 | $13,803 | $1,822,000 | $925,000 | $897,000 |
| 2015 | $13,352 | $1,651,000 | $838,000 | $813,000 |
| 2014 | -- | $1,526,000 | $775,000 | $751,000 |
| 2013 | -- | $1,411,000 | $673,000 | $738,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Tim Conway
Buyer's Agent in 2017
Tim Conway
John L Scott
(206) 954-2437
3 in this area
44 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM943296
APN: 252404-9052
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Based on information submitted to the MLS GRID
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