Seller's Agent in 2025
Christy Shiers
Windermere Corporate
(206) 409-5631
4 in this area
64 Total Sales
Listed by Windermere Real Estate/East, Bought with Kelly Right RE of Seattle LLC
7525 81st Place SE Mercer Island, WA 98040
Island Point Neighborhood
4
Beds
2.5
Baths
3,221
Sq Ft
10,052
Sq Ft Lot
Highlights
- 81 Feet of Waterfront
- Lake View
- Wood Flooring
- Lakeridge Elementary School Rated A
- Traditional Architecture
- 2 Fireplaces
About This Home
As of May 2025Elevate your lifestyle in the Lakes neighborhood on Mercer Island where beautiful homes border Southend schools & parks. Recently updated chef's kitchen incl custom cabinetry, quartz counters, premium appliances & a huge island-perfect for entertaining & daily meal prep. Plentiful windows fill the space w/light & views of the community lake. Adjoining family room & breakfast nook provide valuable space for household management, while dedicated office & light-filled living & dining rooms offer areas to work & relax. Primary suite upstairs boasts a spacious bath & walk-in closet. 3 additional bedrooms, 1 w/attached bonus room. Easy access to Southend amenities makes this a prized location. Embrace this vibrant community & live in The Lakes.
Last Agent to Sell the Property
Windermere Real Estate/East License #23018706 Listed on: 04/23/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2362642
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,388
Year Built
- Built in 1986
Lot Details
- 10,052 Sq Ft Lot
- 81 Feet of Waterfront
- Lake Front
- Level Lot
- Sprinkler System
- Garden
HOA Fees
- $156 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Traditional Architecture
- Poured Concrete
- Shake Roof
- Wood Siding
- Stone Siding
- Stone
Interior Spaces
- 3,221 Sq Ft Home
- 2-Story Property
- Skylights
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Lake Views
Kitchen
- Walk-In Pantry
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- The Lakes Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 4141000340
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2025
Closed on
May 19, 2025
Sold by
Riley Daniel W and Riley Suzanne S
Bought by
Han Donghai and Li Meiwen
Seller's Agent
Christy Shiers
Windermere Real Estate/East
Buyer's Agent
Lu Yao
Kelly Right RE of Seattle LLC
List Price
$2,998,000
Sold Price
$3,080,000
Premium/Discount to List
$82,000
2.74%
Views
14
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
-$69,460
Avg. Annual Appreciation
-8.10%
Original Mortgage
$1,600,000
Outstanding Balance
$1,596,638
Interest Rate
5.73%
Mortgage Type
New Conventional
Estimated Equity
$1,413,902
Purchase Details
Closed on
Aug 18, 2003
Sold by
Wong Chung Chun and Wong Alice
Bought by
Riley Daniel W and Riley Suzanne S
Purchase Details
Closed on
Jan 9, 2003
Sold by
Wong Daniel and Chu Helen S
Bought by
Wong Chung Chun and Wong Alice
Purchase Details
Closed on
Dec 20, 2002
Sold by
Wong Daniel and Chu Helen S
Bought by
Wong Chung Chun and Wong Alice
Purchase Details
Closed on
Sep 14, 1993
Sold by
Wong Daniel
Bought by
Wong Daniel and Chu Helen S
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 | $3,080,000 | Wfg National Title | |
| Warranty Deed | $855,540 | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,600,000 | New Conventional | |
| Previous Owner | $560,000 | New Conventional | |
| Previous Owner | $437,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $650,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $3,080,000 | +2.7% | $956 / Sq Ft |
| 04/24/2025 04/24/25 | Pending | -- | -- | -- |
| 04/23/2025 04/23/25 | For Sale | $2,998,000 | -- | $931 / 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 | $15,581 | $2,378,000 | $1,410,000 | $968,000 |
| 2023 | $15,335 | $2,234,000 | $1,331,000 | $903,000 |
| 2022 | $13,764 | $2,499,000 | $1,498,000 | $1,001,000 |
| 2021 | $13,215 | $1,868,000 | $1,233,000 | $635,000 |
| 2020 | $13,128 | $1,650,000 | $1,175,000 | $475,000 |
| 2018 | $11,614 | $1,626,000 | $917,000 | $709,000 |
| 2017 | $10,139 | $1,338,000 | $830,000 | $508,000 |
| 2016 | $9,435 | $1,245,000 | $759,000 | $486,000 |
| 2015 | $9,095 | $1,128,000 | $687,000 | $441,000 |
| 2014 | -- | $1,039,000 | $635,000 | $404,000 |
| 2013 | -- | $962,000 | $594,000 | $368,000 |
Source: Public Records
Agents Affiliated with this Home
-
Christy Shiers
-
Lu Yao
Buyer's Agent in 2025
Lu Yao
Kelly Right RE of Seattle LLC
(206) 356-8678
2 in this area
136 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2362642
APN: 414100-0340
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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