Listed by Coldwell Banker Bain, Bought with Redfin
NOT LISTED FOR SALE

7515 Mercer Terrace Dr Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,161,730 - $2,481,000

4 Beds
3 Baths
2,500 Sq Ft
$942/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $755,700 $302 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $13,508/month

67 Days on Market

About This Home

As of December 2012

Located in a sought after south end neighborhood. This 4BD/2.5BA home is sure to impress and has been impeccably maintained. Perfectly manicured grounds with a private westerly facing backyard. Features a formal living and dining room, sunny kitchen w/eating space, updated double pane windows, wood blinds, hardwood floors, rear brick patio, sprinkler system. This ideal location is convenient to Elementary and Middle Schools, Mercer Island Country Club, South end Shopping and Starbucks!

Last Agent to Sell the Property

Gerald Chew

Coldwell Banker Bain License #52391 Listed on: 09/04/2012

Coldwell Banker Bain

Last Buyer's Agent

Kenny Whiteside

Redfin License #20057

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM401060

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$11,667

Year Built

1964

Lot Details

0

Listing Details

  • Condition: Good
  • Special Features: None
  • Year Built: 1964

Interior Features

  • Basement: Fully Finished
  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, French Doors
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: garage

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Cedar Shake
  • Site Features: Partial Fence, Natural Gas Available, Outbuildings, Patio, RV Parking, Sprinkler System

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Kaul and Shwetanchla
Bought by
Sudhir Kaul Nd Shwetanchla Bhan Trust
Current Estimated Value
$2,269,981

Purchase Details

Listed on
Sep 4, 2012
Closed on
Dec 10, 2012
Sold by
Baird Peter A and Baird Marilyn W
Bought by
Kaul Sudhir and Bhan Shwetanchla
Seller's Agent
Gerald Chew
Coldwell Banker Bain
Buyer's Agent
Kenny Whiteside
Redfin
List Price
$755,700
Sold Price
$755,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$506,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1997
Sold by
Baird Peter A and Baird Marilyn W
Bought by
Baird Peter A and Baird Marilyn W
Source: Public Records

Range of Values:

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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
Sudhir Kaul Nd Shwetanchla Bhan Trust $313 Copp Kevin J
Kaul Sudhir $755,700 Rainier Title
Baird Peter A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaul Sudhir $506,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2012 12/19/12 Sold $755,700 0.0% $302 / Sq Ft
11/10/2012 11/10/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $755,700 -- $302 / 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 $11,667 $1,780,000 $1,255,000 $525,000
2023 $11,522 $1,672,000 $1,184,000 $488,000
2022 $10,305 $1,870,000 $1,332,000 $538,000
2021 $9,896 $1,398,000 $1,097,000 $301,000
2020 $9,402 $1,235,000 $1,045,000 $190,000
2018 $9,126 $1,164,000 $856,000 $308,000
2017 $7,707 $1,051,000 $774,000 $277,000
2016 $7,171 $946,000 $708,000 $238,000
2015 $6,909 $857,000 $641,000 $216,000
2014 -- $789,000 $593,000 $196,000
2013 -- $767,000 $554,000 $213,000
Source: Public Records

Agents Affiliated with this Home

  • Gerald Chew

    Seller's Agent in 2012

    Gerald Chew

    Coldwell Banker Bain

    (206) 679-9294

    1 in this area

    29 Total Sales

    Section Image

  • K

    Buyer's Agent in 2012

    Kenny Whiteside

    Redfin

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM401060

Northwest Multiple Listing Service (NWMLS)

APN: 545360-0350

Washington King County Mercer Island 98040 Island Point

7515 Mercer Terrace Dr, Mercer Island, WA

This home is located at 7515 Mercer Terrace Dr, Mercer Island, WA 98040 since 04 September 2012 and is currently estimated at $2,354,183, approximately $941 per square foot. This property was built in 1964. 7515 Mercer Terrace Dr is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

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.

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Based on information submitted to the MLS GRID

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