Seller's Agent in 2020
Kimberly Johnston
John L Scott
(425) 766-2000
1 in this area
119 Total Sales
Listed by John L. Scott, Inc., Bought with Realogics Sotheby's Int'l Rlty
7530 SE 71st St Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $3,201,000 - $4,261,000
4
Beds
3
Baths
3,700
Sq Ft
$1,005/Sq Ft
Est. Value
Highlights
- Sauna
- Lake View
- Contemporary Architecture
- Lakeridge Elementary School Rated A
- Deck
- Wood Flooring
About This Home
As of May 2020You will swoon over the unencumbered, Panoramic West facing views of Lake Washington from sunrise to sunset. BBQ grill from your deck while watching the boats float by. Highly sought after "McLean" neighborhood on a no-outlet quiet street. Shangri-La setting on a luscious .36 acre landscaped lot. Includes granite, hardwoods, bonus/theater room, sauna, A/C & separate lower entry w/ kitchen/living space. You will Embrace nearby trails, parks & shopping as much as you will enjoy staying in.
Last Agent to Sell the Property
John L. Scott, Inc. License #18860 Listed on: 04/10/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1585119
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,816
Year Built
- Built in 1968
Lot Details
- 0.36 Acre Lot
- Street terminates at a dead end
- Sprinkler System
- Garden
- Property is in good condition
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Contemporary Architecture
- Poured Concrete
- Tile Roof
- Wood Siding
Interior Spaces
- 3,700 Sq Ft Home
- 1-Story Property
- Skylights
- 2 Fireplaces
- Dining Room
- Sauna
- Natural lighting in basement
Kitchen
- Oven or Range
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Deck
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Natural Gas Connected
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Mercer Island Subdivision
Listing and Financial Details
- Legal Lot and Block 4 / 4
- Assessor Parcel Number 5368000040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2020
Closed on
May 21, 2020
Sold by
Ruggles Scott A and Estate Of Charlene Ruggles Mor
Bought by
Sunnybeam Partners Llc
Seller's Agent
Kimberly Johnston
John L. Scott, Inc.
Buyer's Agent
Mary Nelson
Realogics Sotheby's Int'l Rlty
List Price
$2,285,000
Sold Price
$1,995,000
Premium/Discount to List
-$290,000
-12.69%
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
$1,592,722
Avg. Annual Appreciation
12.14%
Purchase Details
Closed on
Jul 24, 2004
Sold by
Morton John A
Bought by
Morton Charlene E Ruggles
Purchase Details
Closed on
Feb 20, 1998
Sold by
Shamsi Ramazan and Shamsi Nazbanoo
Bought by
Shamsi Ramazan and Sohrab Nazbanoo Ghassemi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.9%
Purchase Details
Closed on
Jan 27, 1997
Sold by
Shamsi Ramazan and Shamsi Nazbanoo
Bought by
Shamsi Ramazan and Shamsi Nazbanoo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.74%
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 |
|---|---|---|---|
| Sunnybeam Partners Llc | $1,995,000 | First American Title | |
| Morton Charlene E Ruggles | -- | Lawyers Title | |
| Morton Charlene E Ruggles | $1,175,000 | Lawyers Title | |
| Shamsi Ramazan | -- | Old Republic Title Ltd | |
| Shamsi Ramazan | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sunnybeam Partners Llc | $950,000 | |
| Closed | Sunnybeam Partners Llc | $900,000 | |
| Previous Owner | Shamsi Ramazan | $480,000 | |
| Previous Owner | Shamsi Ramazan | $475,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2020 05/27/20 | Sold | $1,995,000 | 0.0% | $539 / Sq Ft |
| 05/12/2020 05/12/20 | Pending | -- | -- | -- |
| 05/06/2020 05/06/20 | Price Changed | $1,995,000 | -12.7% | $539 / Sq Ft |
| 04/10/2020 04/10/20 | For Sale | $2,285,000 | -- | $618 / 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 | $22,883 | $3,494,000 | $1,994,000 | $1,500,000 |
| 2023 | $22,598 | $3,282,000 | $1,882,000 | $1,400,000 |
| 2022 | $18,841 | $3,671,000 | $2,118,000 | $1,553,000 |
| 2021 | $16,303 | $2,558,000 | $1,744,000 | $814,000 |
| 2020 | $15,907 | $2,036,000 | $1,661,000 | $375,000 |
| 2018 | $15,438 | $1,971,000 | $1,227,000 | $744,000 |
| 2017 | $13,482 | $1,779,000 | $1,110,000 | $669,000 |
| 2016 | $12,542 | $1,656,000 | $1,015,000 | $641,000 |
| 2015 | $12,084 | $1,500,000 | $919,000 | $581,000 |
| 2014 | -- | $1,381,000 | $850,000 | $531,000 |
| 2013 | -- | $1,230,000 | $847,000 | $383,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Mary Nelson
Reaologics Sothebys International Realty
(206) 669-5146
66 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1585119
APN: 536800-0040
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Based on information submitted to the MLS GRID
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