P
Seller's Agent in 2023
Paula Holtzclaw
Coldwell Banker Bain
2 in this area
38 Total Sales
Listed by Coldwell Banker Bain, Bought with COMPASS
7475 85th Ave SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $2,186,374 - $2,414,000
4
Beds
3
Baths
2,590
Sq Ft
$888/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Vaulted Ceiling
- 2 Fireplaces
- Lakeridge Elementary School Rated A
- Engineered Wood Flooring
- 4-minute walk to Wildwood Park
About This Home
As of July 2023Mid-century Meets Modern. Ideally located on a beautiful private street on southend of MI, this special mid-century home is light, bright & perfectly remodeled! The heart of the home is the main floor w/ a NEW gorgeous open kitchen/dining/living layout, floor to ceiling windows & gleaming floors. The upper floor features ideal 3 bed/2 bath layout w/ plenty of room for everyone. The lower level features a bonus room where movie/game night is a must + a generous 4th bedroom & bath. Indoor/Outdoor living is at its finest w/ a private covered dining area, large flat lawn & a fully fenced yard. All located just moments from top rated schools, restaurants, shops & miles of trails & parks. Come see for yourself & fall in love in an instant.
Last Agent to Sell the Property
Coldwell Banker Bain License #85988 Listed on: 05/16/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2066166
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,871
Year Built
- Built in 1972
Lot Details
- 0.25 Acre Lot
- East Facing Home
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Property is in very good condition
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- 3-Story Property
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,590 Sq Ft Home
- Vaulted Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Dining Room
- Finished Basement
- Natural lighting in basement
- Storm Windows
Kitchen
- Oven or Range
- Stove
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- High Efficiency Heating System
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Community Details
- No Home Owners Association
- Mercer Island Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 5451200720
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2023
Closed on
Jul 1, 2023
Sold by
Olszowski Dominic Andrew and Olszowski Joanna
Bought by
Palatine Property Trust and Clothier
Seller's Agent
Paula Holtzclaw
Coldwell Banker Bain
Buyer's Agent
Tere Foster
COMPASS
List Price
$2,249,000
Sold Price
$2,250,000
Premium/Discount to List
$1,000
0.04%
Views
18
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
$64,199
Avg. Annual Appreciation
0.48%
Purchase Details
Listed on
Jun 24, 2021
Closed on
Jun 15, 2021
Sold by
Lucas Paul E and Lucas Helen M
Bought by
Olszowski Dominic Andrew and Marsh Joanna
Seller's Agent
Doug McKiernan
Windermere Mercer Island
Buyer's Agent
Paula Holtzclaw
Coldwell Banker Bain
List Price
$1,675,000
Sold Price
$1,675,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.48%
Original Mortgage
$1,340,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 1997
Sold by
Lucas Paul E and Lucas Helen M
Bought by
Lucas Paul E and Lucas Helen M
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 |
|---|---|---|---|
| Palatine Property Trust | $2,250,000 | Rainier Title | |
| Olszowski Dominic Andrew | $1,675,000 | Ticor Title | |
| Lucas Paul E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Olszowski Dominic Andrew | $1,340,000 | |
| Previous Owner | Paul E & Helen M Lucas Trust | $250,125 | |
| Previous Owner | Lucas Paul E | $285,000 | |
| Previous Owner | Lucas Paul E | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2023 07/12/23 | Sold | $2,250,000 | 0.0% | $869 / Sq Ft |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 05/16/2023 05/16/23 | For Sale | $2,249,000 | +34.3% | $868 / Sq Ft |
| 06/24/2021 06/24/21 | Sold | $1,675,000 | 0.0% | $647 / Sq Ft |
| 06/24/2021 06/24/21 | For Sale | $1,675,000 | -- | $647 / 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 | $11,268 | $1,719,000 | $1,200,000 | $519,000 |
| 2023 | $11,130 | $1,615,000 | $1,133,000 | $482,000 |
| 2022 | $9,871 | $1,791,000 | $1,275,000 | $516,000 |
| 2021 | $9,480 | $1,339,000 | $1,050,000 | $289,000 |
| 2020 | $9,347 | $1,183,000 | $1,000,000 | $183,000 |
| 2018 | $9,065 | $1,157,000 | $867,000 | $290,000 |
| 2017 | $7,658 | $1,044,000 | $784,000 | $260,000 |
| 2016 | $7,129 | $940,000 | $717,000 | $223,000 |
| 2015 | $6,874 | $852,000 | $649,000 | $203,000 |
| 2014 | -- | $785,000 | $600,000 | $185,000 |
| 2013 | -- | $647,000 | $515,000 | $132,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Tere Foster
COMPASS
(425) 637-8373
1 in this area
409 Total Sales
-
A
Buyer Co-Listing Agent in 2023
Andrew Sellers
Avenue Properties
(206) 251-0021
1 in this area
8 Total Sales
-
Seller's Agent in 2021
Doug McKiernan
Windermere Corporate
(206) 369-3949
1 in this area
49 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2066166
APN: 545120-0720
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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