Seller's Agent in 2016
Michele Schuler
Reaologics Sothebys International Realty
(206) 992-2013
5 in this area
188 Total Sales
7550 E Mercer Way Mercer Island, WA 98040
Tarywood NeighborhoodEstimated Value: $2,355,000 - $5,006,881
4
Beds
1
Bath
2,930
Sq Ft
$1,418/Sq Ft
Est. Value
Highlights
- Low Bank Waterfront Property
- Docks
- Deck
- Lakeridge Elementary School Rated A
- Lake View
- 5-minute walk to Clarke Beach Park
About This Home
As of July 2016If you've been looking for your waterfront dream home, your journey ends here! Wide open views of Lake Washington, and Mount Rainier. Remarkable reinvention of this 1969 home, the improvements of which have transformed an already spectacular home into a private oasis. Situated on a stunning waterfront lot, it truly is a one-of-a-kind home – a home with a soul. 62’ no-bank waterfront, private dock w/covered boat lift & jet ski slip + easy swim access w/wide steps leading to the water.
Last Agent to Sell the Property
Realogics Sotheby's Int'l Rlty License #22014412 Listed on: 01/11/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM882993
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,302
Year Built
- Built in 1969
Lot Details
- Low Bank Waterfront Property
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Property is zoned R8.4
Property Views
- Lake
- Mountain
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Poured Concrete
- Wood Siding
- Cement Board or Planked
- Stucco
Interior Spaces
- 1 Bathroom
- 2 Fireplaces
- Finished Basement
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Ceramic Tile
Laundry
- Dryer
- Washer
Parking
- Detached Garage
- Detached Carport Space
Outdoor Features
- Docks
- Deck
- Patio
Utilities
- Cable TV Available
Community Details
- South End Community
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 2579500135
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2016
Closed on
Jul 12, 2016
Sold by
Gardner Carl D and Gardner Kimberly A
Bought by
Liu Halbin and Xue Huiwer
Seller's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Xin Liu
WeLakeside
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%
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
$1,155,470
Avg. Annual Appreciation
3.55%
Purchase Details
Closed on
Nov 22, 2011
Sold by
Sussex Steven A and Sussex Steven A
Bought by
Gardner Carl D and Gardner Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 9, 1998
Sold by
Strang Andrew M and Strang Jere J
Bought by
Haugen Richard F and Haugen Shirlee E
Purchase Details
Closed on
Jan 28, 1998
Sold by
Leigh Karen Sue and Nelson Patricia
Bought by
Sussex Steven A and Sussex Kerry C
Purchase Details
Closed on
Sep 5, 1997
Sold by
Benson Hulda C and Tibbles Hulda C
Bought by
Larkin Michael and Larkin Sharon A
Purchase Details
Closed on
May 9, 1997
Sold by
Penn Square
Bought by
San Juanita Guerrero & Company
Purchase Details
Closed on
Aug 26, 1996
Sold by
Campagna Jennie and Campagna Donald C
Bought by
Sussex Steven A and Sussex Kerry C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,750
Interest Rate
8.2%
Purchase Details
Closed on
Dec 26, 1995
Sold by
Burns Patrick J
Bought by
Burns Vicki L
Purchase Details
Closed on
Jun 20, 1994
Sold by
Kerkel Caroline
Bought by
Kerkel Richard
Purchase Details
Closed on
May 21, 1994
Sold by
Angerame Andrea Mclean
Bought by
Angerame Ron
Purchase Details
Closed on
Mar 16, 1994
Sold by
Q Lube Inc
Bought by
Smart Douglas P and Healy Robert J
Purchase Details
Closed on
Feb 4, 1994
Sold by
Gollofon Robert E and Gollofon Alma
Bought by
Gollofon Robert E and Gollofon Alma
Purchase Details
Closed on
Dec 23, 1993
Sold by
Meyers David and Meyers Patricia C
Bought by
Campagna Jennie
Purchase Details
Closed on
Sep 27, 1993
Sold by
Longfelder Lawrence L
Bought by
Birkeland Joyce Schroeder
Purchase Details
Closed on
Mar 25, 1993
Sold by
Foss Ralph C
Bought by
Foss Ralph C
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 |
|---|---|---|---|
| Liu Halbin | $3,000,000 | Rainier Title | |
| Gardner Carl D | $1,492,700 | Fidelity Natio | |
| Haugen Richard F | -- | -- | |
| Sussex Steven A | $260,000 | Transnation Title Insurance | |
| Larkin Michael | -- | Chicago Title Insurance Co | |
| San Juanita Guerrero & Company | -- | -- | |
| Sussex Steven A | $644,750 | Transnation Title Insurance | |
| Burns Vicki L | -- | Fidelity National Title | |
| Kerkel Richard | -- | Chicago Title Insurance Co | |
| Angerame Ron | -- | Chicago Title Insurance Co | |
| Smart Douglas P | -- | -- | |
| Gollofon Robert E | -- | -- | |
| Campagna Jennie | -- | Transamerica Title Services | |
| Birkeland Joyce Schroeder | -- | Transamerica Title Insurance | |
| Foss Ralph C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gardner Carl D | $900,000 | |
| Previous Owner | Sussex Steven A | $524,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2016 07/19/16 | Sold | $3,000,000 | -3.1% | $1,024 / Sq Ft |
| 05/18/2016 05/18/16 | Pending | -- | -- | -- |
| 04/19/2016 04/19/16 | Price Changed | $3,095,000 | -3.1% | $1,056 / Sq Ft |
| 02/08/2016 02/08/16 | For Sale | $3,195,000 | 0.0% | $1,090 / Sq Ft |
| 01/28/2016 01/28/16 | Pending | -- | -- | -- |
| 01/11/2016 01/11/16 | For Sale | $3,195,000 | -- | $1,090 / 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 | $28,302 | $4,322,000 | $2,463,000 | $1,859,000 |
| 2023 | $27,944 | $4,059,000 | $2,324,000 | $1,735,000 |
| 2022 | $24,985 | $4,540,000 | $2,615,000 | $1,925,000 |
| 2021 | $23,981 | $3,393,000 | $2,153,000 | $1,240,000 |
| 2020 | $23,674 | $2,996,000 | $2,051,000 | $945,000 |
| 2018 | $25,774 | $3,078,000 | $1,586,000 | $1,492,000 |
| 2017 | $21,762 | $2,971,000 | $1,525,000 | $1,446,000 |
| 2016 | $19,153 | $2,674,000 | $1,394,000 | $1,280,000 |
| 2015 | $17,630 | $2,422,000 | $1,262,000 | $1,160,000 |
| 2014 | -- | $2,146,000 | $1,167,000 | $979,000 |
| 2013 | -- | $1,880,000 | $1,098,000 | $782,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Schuler
-
Xin Liu
X
Buyer's Agent in 2016
Xin Liu
WeLakeside
(206) 613-9532
1 in this area
48 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM882993
APN: 257950-0135
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Based on information submitted to the MLS GRID
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