Seller's Agent in 2015
Lou Glatz
John L Scott
(206) 948-2591
1 in this area
35 Total Sales
7446 85th Place SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $1,992,696 - $2,204,000
5
Beds
2
Baths
2,500
Sq Ft
$840/Sq Ft
Est. Value
Highlights
- Fruit Trees
- Deck
- Bamboo Flooring
- Lakeridge Elementary School Rated A
- Northwest Architecture
- 2 Fireplaces
About This Home
As of October 2015Fantastic Mercer Island Estates! Walk to school through 8th grade...to shops, coffee, the Country Club. Wide, friendly streets! This home, with its classic Northwest Contemporary styling sits privately off of the street. A large and pancake flat. Mature landscaping, garden paths, amazing patio and raised beds are a gardener's dream. Talk about "farm to table!" Vaulted ceilings and skylights allow for natural light to flow in. 2 cozy fireplaces and hardwood floors. Remodeled baths.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM849846
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,241
Year Built
- Built in 1969
Lot Details
- Property is Fully Fenced
- Level Lot
- Fruit Trees
- Garden
Parking
- Attached Garage
Home Design
- Northwest Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2 Bathrooms
- 2 Fireplaces
- Finished Basement
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Bamboo
- Wood
- Wall to Wall Carpet
- Slate Flooring
Outdoor Features
- Deck
- Patio
Community Details
- Mercer Island Estates Community
Listing and Financial Details
- Assessor Parcel Number 5451200790
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2015
Closed on
Oct 7, 2015
Sold by
Venditti Thomas and Lee Mary T
Bought by
Kresch Matthew D and Chou Yu Chi
Seller's Agent
Lou Glatz
John L. Scott, Inc.
Buyer's Agent
Debbie Barbara
COMPASS
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%
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
$1,114,674
Avg. Annual Appreciation
7.46%
Original Mortgage
$780,000
Outstanding Balance
$617,734
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,364,744
Purchase Details
Closed on
Jul 31, 2009
Sold by
Venditti Thomas and Lee Mary T
Bought by
Venditti Thomas and Lee Mary T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 22, 2002
Sold by
Appel Robert J and Appel Carol A
Bought by
Venditti Thomas and Lee Mary T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
6.89%
Mortgage Type
Balloon
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 |
|---|---|---|---|
| Kresch Matthew D | $985,000 | Fidelity Natio | |
| Venditti Thomas | -- | Commonwealth L | |
| Venditti Thomas | $527,500 | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kresch Matthew D | $250,000 | |
| Closed | Kresch Matthew W | $65,900 | |
| Open | Kresch Matthew D | $780,000 | |
| Previous Owner | Venditti Thomas | $200,000 | |
| Previous Owner | Venditti Thomas | $417,000 | |
| Previous Owner | Venditti Thomas | $439,992 | |
| Previous Owner | Venditti Thomas | $422,000 | |
| Closed | Venditti Thomas | $25,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2015 10/30/15 | Sold | $985,000 | -1.0% | $394 / Sq Ft |
| 09/26/2015 09/26/15 | Pending | -- | -- | -- |
| 09/18/2015 09/18/15 | For Sale | $995,000 | -- | $398 / 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 | $10,241 | $1,562,000 | $1,200,000 | $362,000 |
| 2023 | $10,112 | $1,467,000 | $1,133,000 | $334,000 |
| 2022 | $9,047 | $1,641,000 | $1,275,000 | $366,000 |
| 2021 | $8,688 | $1,227,000 | $1,050,000 | $177,000 |
| 2020 | $8,479 | $1,084,000 | $1,000,000 | $84,000 |
| 2018 | $8,233 | $1,050,000 | $867,000 | $183,000 |
| 2017 | $6,959 | $948,000 | $784,000 | $164,000 |
| 2016 | $6,478 | $854,000 | $717,000 | $137,000 |
| 2015 | $6,245 | $774,000 | $649,000 | $125,000 |
| 2014 | -- | $713,000 | $600,000 | $113,000 |
| 2013 | -- | $619,000 | $515,000 | $104,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Glatz
-
Lori Holden
Seller Co-Listing Agent in 2015
Lori Holden
John L Scott
(206) 949-5674
1 in this area
101 Total Sales
-
Debbie Barbara
Buyer's Agent in 2015
Debbie Barbara
COMPASS
(206) 300-6077
1 in this area
75 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM849846
APN: 545120-0790
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Based on information submitted to the MLS GRID
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