Listed by COMPASS
NOT LISTED FOR SALE

7464 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $3,907,000 - $8,477,000

6 Beds
5.5 Baths
5,810 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $8,150,000 $1,403 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $40,383/month

68 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • Lakeridge Elementary School Rated A
  • Second Kitchen
  • 5-minute walk to Clarke Beach Park

About This Home

As of September 2022

Brilliant M.I. Modern Waterfront! Custom-built (2018) & recently transformed into a curated lakeside oasis through exceptional interior design updates. FUN is the word for this house! New stylish lighting & finishes create idyllic coastal aesthetic. Perfectly sited on 64’ low bank w/ views of Mt. Rainier. Enter to walls of windows that draw you to panoramic lake views. Open great room & gourmet chef’s kitchen w/ top of line appliances &cabinetry. All BDRS en suite, 4 (of 6) UP incl. stunning primary retreat. Lower level fun zone w/ walk-out water access & beach bath. Turf, spacious deck & new hot tub. Separate, updated 2 BDR cottage. Sacrifice nothing & enjoy turn-key perfection on the lake!

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 06/29/2022

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1955561

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,320

Year Built

  • Built in 2018

Lot Details

  • 0.41 Acre Lot
  • Low Bank Waterfront Property
  • 64 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Drought Tolerant Landscaping
  • Zoning described as R-8.4

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 5,810 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Additional Homes

  • 670 SF Accessory Dwelling Unit
  • ADU includes 2 Bedrooms and 1 Bathroom

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Central Air
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2579500130

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,320

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2018
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 6480
  • SeniorExemption: false
  • AccessoryDwellingUnit: DetachedDwelling
  • DetachedDwellingSqFtFinished: 670
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Hardwood
  • Interior Amenities: Forced Air, Central A/C, Hot Water Recirc Pump, Ceramic Tile, Concrete, Hardwood, Second Kitchen, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, High Tech Cabling, Security System, Skylight(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 5810
  • Main Level Bedrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 5810
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 3
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • ADUBaths: 1
  • ADUBeds: 2

Exterior Features

  • Roof: Flat
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Cul-De-Sac, Drought Res Landscape, Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 64

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Central A/C,Forced Air,Hot Water Recirc Pump,Radiant
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Crawlspace
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 2579500130
  • Topography: Level,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.4117
  • Lot Size Sq Ft: 17935
  • Zoning Description: R-8.4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gas Available,High Speed Internet,Moorage,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 39320

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Cheng Vanessa and Cheng Shen-Yuan
Bought by
Chen Living Trust
Current Estimated Value
$6,928,832

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 20, 2022
Sold by
Brad Dowhaniuk
Bought by
Cheng Vanessa and Cheng Shen-Yuan
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Tere Foster
COMPASS
List Price
$8,298,000
Sold Price
$8,150,000
Premium/Discount to List
-$148,000
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.96%

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 16, 2020
Sold by
Hellemons Henciricus C and Lopez Myda Lisa
Bought by
Dowhaniuk Brad
Seller's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$6,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$250,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$3,250,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 11, 2020
Sold by
Dowhaniuk Yolanda and Dowhaniuk Brad
Bought by
Dowhaniuk Brad
Seller's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$6,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$250,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 29, 2015
Sold by
Sussex Steven A
Bought by
Hellemons Hendricus C and Lopez Myda L
Seller's Agent
Bonnie Sanborn
Engel & Voelkers Mercer Island
Buyer's Agent
Myda Lopez
InPeak Properties LLC
List Price
$1,999,000
Sold Price
$1,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.01%
Original Mortgage
$1,199,400
Interest Rate
3.98%

Purchase Details

Closed on
Nov 29, 2001
Sold by
Rhode Leroy
Bought by
Sussex Steven A and Sussex Kerry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
6.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Living Trust -- --
Cheng Vanessa $8,150,000 Chicago Title
Dowhaniuk Brad $6,500,000 Chicago Title
Dowhaniuk Brad -- Chicago Title
Hellemons Hendricus C $1,999,000 Fidelity Natio
Sussex Steven A $715,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowhaniuk Brad $3,250,000
Previous Owner Hellemons Hendricus C $1,199,400
Previous Owner Sussex Steven A $500,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $8,150,000 +1.9% $1,403 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/27/2022 08/27/22 Price Changed $7,998,000 -3.6% $1,377 / Sq Ft
06/29/2022 06/29/22 For Sale $8,298,000 +27.7% $1,428 / Sq Ft
11/24/2020 11/24/20 Sold $6,500,000 -3.7% $1,265 / Sq Ft View Prior Sale
10/09/2020 10/09/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $6,750,000 +237.7% $1,313 / Sq Ft
06/02/2015 06/02/15 Sold $1,999,000 0.0% $2,984 / Sq Ft View Prior Sale
06/02/2015 06/02/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $1,999,000 -- $2,984 / Sq Ft
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 $46,801 $7,149,000 $2,602,000 $4,547,000
2023 $46,210 $6,714,000 $2,455,000 $4,259,000
2022 $39,320 $7,509,000 $2,762,000 $4,747,000
2021 $37,739 $5,341,000 $2,274,000 $3,067,000
2020 $40,518 $4,716,000 $2,166,000 $2,550,000
2018 $16,288 $4,636,000 $1,797,000 $2,839,000
2017 $13,759 $1,877,000 $1,728,000 $149,000
2016 $12,801 $1,690,000 $1,580,000 $110,000
2015 $12,338 $1,531,000 $1,430,000 $101,000
2014 -- $1,410,000 $1,322,000 $88,000
2013 -- $1,409,000 $1,333,000 $76,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Weisfield

    Seller's Agent in 2022

    Kelly Weisfield

    COMPASS

    (206) 355-3863

    10 in this area

    110 Total Sales

    Kelly Weisfield
    Section Image
  • Tere Foster

    Buyer's Agent in 2022

    Tere Foster

    COMPASS

    (425) 637-8373

    1 in this area

    388 Total Sales

    Tere Foster
    Section Image
  • Robyn Kimura-Hsu

    Seller's Agent in 2020

    Robyn Kimura-Hsu

    Reaologics Sothebys International Realty

    (206) 295-2247

    3 in this area

    133 Total Sales

    Robyn Kimura-Hsu
    Section Image
  • Rachel Schindler

    Seller Co-Listing Agent in 2020

    Rachel Schindler

    Reaologics Sothebys International Realty

    (206) 250-5622

    3 in this area

    134 Total Sales

    Rachel Schindler
    Section Image
  • Bonnie Sanborn

    Seller's Agent in 2015

    Bonnie Sanborn

    Engel & Voelkers Mercer Island

    (206) 919-3501

    2 in this area

    9 Total Sales

    Bonnie Sanborn
    Section Image

  • M

    Buyer's Agent in 2015

    Myda Lopez

    InPeak Properties LLC

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1955561

Northwest Multiple Listing Service (NWMLS)

APN: 257950-0130

Washington King County Mercer Island 98040 Tarywood

7464 E Mercer Way, Mercer Island, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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