Seller's Agent in 2019
Kelly Weisfield
COMPASS
(206) 355-3863
8 in this area
112 Total Sales
7449 W Mercer Way Mercer Island, WA 98040
Island Point Neighborhood
5
Beds
1
Bath
3,950
Sq Ft
0.48
Acres
Highlights
- Waterfront Community
- Docks
- Deck
- Lakeridge Elementary School Rated A
- Lake View
- Wood Flooring
About This Home
As of June 2019Modern. Brilliant. Light-filled. Stunning Western lake & mountain views from nearly every room of this 5 BDR home. Clean lines & walls of windows bring in the outdoors in. Perfect blend of casual living & designer style. Dramatic living room w/ steel fireplace & clerestory windows +family room & office. Epicurean kitchen w/ quartz surfaces, S/S appliances, walk-in pantry & spacious dining. Enjoy sunsets on wrap-around IPE deck. Launch your kayak/paddleboard from your own lake access this summer!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1450674
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,017
Year Built
- Built in 1973
Lot Details
- Gated Home
- Level Lot
- Sprinkler System
- Property is zoned R15
Parking
- Attached Garage
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Modern Architecture
- Flat Roof Shape
- Poured Concrete
- Metal Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 1 Fireplace
- Finished Basement
Kitchen
- Double Oven
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Laundry
- Dryer
- Washer
Outdoor Features
- Docks
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 9362000080
Community Details
Overview
- South End Community
- The community has rules related to covenants, conditions, and restrictions
Recreation
- Waterfront Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2019
Closed on
Jun 5, 2019
Sold by
Lang Gary Thomas and Lang Leeanne Marie
Bought by
Beatty Vincent L and Beatty Anna
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Jani Spencer
COMPASS
List Price
$2,288,000
Sold Price
$2,288,000
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
$1,361,696
Avg. Annual Appreciation
7.02%
Original Mortgage
$1,716,000
Outstanding Balance
$1,524,308
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,981,657
Purchase Details
Closed on
Mar 1, 2018
Sold by
Lang Gary Thomas and Lang Leeanne Marie
Bought by
Lang Gary Thomas and Lang Leeanne Marie
Purchase Details
Listed on
Sep 23, 2014
Closed on
Mar 16, 2015
Sold by
Kane Peter O and Kane Celia L O
Bought by
Lang Gary T and Lang Leeanne M
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Steve Smith
Windermere Real Estate Co.
List Price
$1,649,000
Sold Price
$1,600,000
Premium/Discount to List
-$49,000
-2.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$1,280,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 10, 2012
Sold by
Island Newcastle Llc
Bought by
Westpac Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 23, 2002
Sold by
Moen Eric A and Moen Kim S
Bought by
Okane Peter B and Okane Celia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.75%
Purchase Details
Closed on
Sep 1, 1994
Sold by
Keigley Grace Elizabeth
Bought by
Moen Eric A and Moen Kim S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.37%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,288,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $1,600,000 | Fidelity Natio | |
| Bargain Sale Deed | $140,000 | Rainier Title | |
| Warranty Deed | $820,000 | Washington Title | |
| Warranty Deed | $525,000 | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,716,000 | New Conventional | |
| Previous Owner | $1,280,000 | New Conventional | |
| Previous Owner | $80,000 | Purchase Money Mortgage | |
| Previous Owner | $570,000 | No Value Available | |
| Previous Owner | $420,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2019 06/14/19 | Sold | $2,288,000 | 0.0% | $579 / Sq Ft |
| 05/12/2019 05/12/19 | Pending | -- | -- | -- |
| 05/07/2019 05/07/19 | For Sale | $2,288,000 | +43.0% | $579 / Sq Ft |
| 03/24/2015 03/24/15 | Sold | $1,600,000 | -3.0% | $405 / Sq Ft |
| 02/12/2015 02/12/15 | Pending | -- | -- | -- |
| 10/22/2014 10/22/14 | For Sale | $1,649,000 | 0.0% | $417 / Sq Ft |
| 10/14/2014 10/14/14 | Pending | -- | -- | -- |
| 09/24/2014 09/24/14 | Price Changed | $1,649,000 | -1.6% | $417 / Sq Ft |
| 09/23/2014 09/23/14 | For Sale | $1,675,000 | -- | $424 / 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 | $20,017 | $3,056,000 | $1,840,000 | $1,216,000 |
| 2023 | $20,142 | $2,925,000 | $1,736,000 | $1,189,000 |
| 2022 | $18,010 | $3,271,000 | $1,953,000 | $1,318,000 |
| 2021 | $18,054 | $2,445,000 | $1,608,000 | $837,000 |
| 2020 | $17,501 | $2,255,000 | $1,532,000 | $723,000 |
| 2018 | $16,973 | $2,168,000 | $1,122,000 | $1,046,000 |
| 2017 | $14,816 | $1,956,000 | $1,015,000 | $941,000 |
| 2016 | $13,787 | $1,820,000 | $928,000 | $892,000 |
| 2015 | $13,282 | $1,649,000 | $840,000 | $809,000 |
| 2014 | -- | $1,518,000 | $777,000 | $741,000 |
| 2013 | -- | $1,785,000 | $859,000 | $926,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Weisfield
-
Jani Spencer
Buyer's Agent in 2019
Jani Spencer
COMPASS
(206) 499-5810
84 Total Sales
-
Steve Smith
S
Buyer's Agent in 2015
Steve Smith
Windermere Corporate
(206) 324-0000
17 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1450674
APN: 936200-0080
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Based on information submitted to the MLS GRID
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