Seller's Agent in 2017
Lou Glatz
John L Scott
(206) 948-2591
7 in this area
35 Total Sales
7605 SE 40th St Mercer Island, WA 98040
Mercerdale NeighborhoodEstimated Value: $3,887,000 - $4,317,107
5
Beds
2
Baths
4,690
Sq Ft
$879/Sq Ft
Est. Value
Highlights
- Lake View
- Deck
- Wood Flooring
- West Mercer Elementary School Rated A
- Traditional Architecture
- 1 Fireplace
About This Home
As of March 2017Another custom construction home just completed by RKK Construction. Designer details, open flrplan, colors, lighting, fixtures & finish make this home far from ordinary. Features include a twist on modern "ship lap" as well as wide plank hrdwd floors, soapstone, painted cabinetry, true paned windows & wide open south-westerly views. Amazing location is walking distance to downtown, elementary school, parks & minutes to the freeway. Covered & heated decks, generator, air conditioning. Style
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1059243
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,452
Year Built
- Built in 2016
Lot Details
- Property is Fully Fenced
- Level Lot
- Garden
Parking
- Attached Garage
Property Views
- Lake
- Mountain
Home Design
- Traditional Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2 Bathrooms
- 1 Fireplace
- Finished Basement
Kitchen
- <<doubleOvenToken>>
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- Cable TV Available
Community Details
- North End Community
Listing and Financial Details
- Assessor Parcel Number 3623500135
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2016
Closed on
Mar 24, 2017
Sold by
Rkk Constructions Inc
Bought by
Postma Sidney W and Postma Holly E
Seller's Agent
Lou Glatz
John L. Scott, Inc.
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$2,895,000
Sold Price
$2,865,000
Premium/Discount to List
-$30,000
-1.04%
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
$1,257,777
Avg. Annual Appreciation
3.94%
Purchase Details
Listed on
Feb 24, 2015
Closed on
Mar 26, 2015
Sold by
Davenport Barry Ann and Davenport Robert D
Bought by
Rkk Construction Inc
Seller's Agent
Catherine Humphries
Coldwell Banker Bain
Buyer's Agent
Lindy Weathers
Coldwell Banker Bain
List Price
$650,000
Sold Price
$800,000
Premium/Discount to List
$150,000
23.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.24%
Original Mortgage
$520,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Postma Sidney W | $2,865,000 | Fidelity Natio | |
| Rkk Construction Inc | $800,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rkk Construction Inc | $1,542,000 | |
| Previous Owner | Rkk Construction Inc | $520,000 | |
| Previous Owner | Davenport Martha H | $544,185 | |
| Previous Owner | Davenport Martha H | $250,000 | |
| Previous Owner | Davenport Martha H | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2017 03/31/17 | Sold | $2,865,000 | -1.0% | $611 / Sq Ft |
| 01/17/2017 01/17/17 | Pending | -- | -- | -- |
| 12/10/2016 12/10/16 | For Sale | $2,895,000 | +261.9% | $617 / Sq Ft |
| 04/02/2015 04/02/15 | Sold | $800,000 | +23.1% | $296 / Sq Ft |
| 02/26/2015 02/26/15 | Pending | -- | -- | -- |
| 02/24/2015 02/24/15 | For Sale | $650,000 | -- | $241 / 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 | $22,452 | $3,428,000 | $1,215,000 | $2,213,000 |
| 2023 | $22,512 | $3,281,000 | $1,147,000 | $2,134,000 |
| 2022 | $20,202 | $3,670,000 | $1,291,000 | $2,379,000 |
| 2021 | $19,846 | $2,743,000 | $1,063,000 | $1,680,000 |
| 2020 | $19,490 | $2,479,000 | $1,013,000 | $1,466,000 |
| 2018 | $18,906 | $2,415,000 | $830,000 | $1,585,000 |
| 2017 | $12,246 | $2,179,000 | $751,000 | $1,428,000 |
| 2016 | $5,292 | $1,504,000 | $687,000 | $817,000 |
| 2015 | $5,126 | $632,000 | $622,000 | $10,000 |
| 2014 | -- | $585,000 | $575,000 | $10,000 |
| 2013 | -- | $579,000 | $534,000 | $45,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Glatz
-
Lori Holden
Seller Co-Listing Agent in 2017
Lori Holden
John L Scott
(206) 949-5674
14 in this area
101 Total Sales
-
C
Seller's Agent in 2015
Catherine Humphries
Coldwell Banker Bain
-
L
Buyer's Agent in 2015
Lindy Weathers
Coldwell Banker Bain
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1059243
APN: 362350-0135
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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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