Seller's Agent in 2019
Michele Schuler
Reaologics Sothebys International Realty
(206) 992-2013
1 in this area
187 Total Sales
7474 85th Place SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $1,978,000 - $2,332,000
4
Beds
2
Baths
2,460
Sq Ft
$870/Sq Ft
Est. Value
Highlights
- Fruit Trees
- Territorial View
- 2 Fireplaces
- Lakeridge Elementary School Rated A
- Wood Flooring
- Attached Garage
About This Home
As of October 2019Just imagine: living just blocks to award winning Lakeridge Elementary, Islander Middle School, South end shopping/restaurants, MI Country Club, & Pioneer Park. Friendly neighborhood. Darling remodeled gem w/curb appeal galore. Welcoming entry, formal living w/custom Victorian F/P, Dining rm w/built-ins. Newer kitchen w/granite slab counters. Family rm w/built-ins + F/P. 3BR/2BA up. 1BR + 3/4BA + rec room down. Fabulous gardens, stamped concrete patio, fully fenced flat yard + play structure
Last Agent to Sell the Property
Realogics Sotheby's Int'l Rlty License #22014412 Listed on: 07/02/2019
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1483902
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,197
Year Built
- Built in 1969
Lot Details
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Fruit Trees
- Garden
- Property is zoned R9.6
Parking
- Attached Garage
Home Design
- Slab Foundation
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2 Bathrooms
- 2 Fireplaces
- Territorial Views
- Finished Basement
- Natural lighting in basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Outbuilding
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Mercer Island Estates Community
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 5451200780
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2019
Closed on
Sep 30, 2019
Sold by
Graebel Relocation Svcs Worldwide Inc
Bought by
Velamoor Siddharth and Velamoor Maura
Seller's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Hugh Miller
Windermere Centralia
List Price
$1,348,000
Sold Price
$1,250,000
Premium/Discount to List
-$98,000
-7.27%
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
$889,720
Avg. Annual Appreciation
9.20%
Original Mortgage
$987,000
Outstanding Balance
$864,662
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,275,058
Purchase Details
Closed on
Oct 11, 2010
Sold by
Finkenbinder Michael G and Finkenbinder Brenda R
Bought by
Lundell Jared S and Lundell Mallory J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 6, 2002
Sold by
Perriella Robert J and Perriella Jacqueline M
Bought by
Finkenbinder Michael G and Finkenbinder Brenda R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.12%
Purchase Details
Closed on
Apr 28, 1986
Sold by
Stoops Richard E and Stoops Miriam
Bought by
Perriella Robert J and Perriella Jacqueline
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 |
|---|---|---|---|
| Velamoor Siddharth | $1,250,000 | First American Title | |
| Graebel Relocation Services Worldwide In | $1,250,000 | First American Title | |
| Lundell Jared S | $750,000 | Rainier Title | |
| Finkenbinder Michael G | $560,000 | Transnation Title Insurance | |
| Perriella Robert J | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velamoor Siddharth | $987,000 | |
| Previous Owner | Lundell Jared S | $32,500 | |
| Previous Owner | Lundell Jared S | $567,500 | |
| Previous Owner | Finkenbinder Michael G | $448,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2019 10/15/19 | Sold | $1,250,000 | -3.8% | $508 / Sq Ft |
| 09/13/2019 09/13/19 | Pending | -- | -- | -- |
| 08/10/2019 08/10/19 | Price Changed | $1,299,000 | -2.0% | $528 / Sq Ft |
| 07/29/2019 07/29/19 | Price Changed | $1,325,000 | -1.7% | $539 / Sq Ft |
| 07/02/2019 07/02/19 | For Sale | $1,348,000 | -- | $548 / 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 | $12,197 | $1,861,000 | $1,200,000 | $661,000 |
| 2023 | $12,045 | $1,748,000 | $1,133,000 | $615,000 |
| 2022 | $10,496 | $1,955,000 | $1,275,000 | $680,000 |
| 2021 | $10,080 | $1,424,000 | $1,050,000 | $374,000 |
| 2020 | $10,057 | $1,258,000 | $1,000,000 | $258,000 |
| 2018 | $9,759 | $1,245,000 | $867,000 | $378,000 |
| 2017 | $8,146 | $1,124,000 | $784,000 | $340,000 |
| 2016 | $7,580 | $1,000,000 | $717,000 | $283,000 |
| 2015 | $7,303 | $906,000 | $649,000 | $257,000 |
| 2014 | -- | $834,000 | $600,000 | $234,000 |
| 2013 | -- | $690,000 | $515,000 | $175,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Schuler
-
Hugh Miller
H
Buyer's Agent in 2019
Hugh Miller
Windermere Corporate
(206) 841-0320
6 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1483902
APN: 545120-0780
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Based on information submitted to the MLS GRID
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