Seller's Agent in 2017
Lou Glatz
John L Scott
(206) 948-2591
7 in this area
35 Total Sales
Listed by Coldwell Banker Bain, Bought with Coldwell Banker Bain
7605 SE 40th St Mercer Island, WA 98040
Mercerdale Neighborhood
4
Beds
1
Bath
2,700
Sq Ft
10,454
Sq Ft Lot
Highlights
- Lake View
- Deck
- Slate Flooring
- West Mercer Elementary School Rated A
- 2 Fireplaces
- Detached Carport Space
About This Home
As of March 2017Beautiful serene lot with protected view of lake to west and south. Classic Mid-Century home being sold AS IS....capitalize on the good bones, natural materials and artistic light-filled spaces or build new from scratch. Private setting, inspiring lake views. Close to everything....walk to schools, parks, shops and restaurants,,,,or zip down to West Mercer for easy I90 access. This is the perfect spot to enjoy nature and make your dream come true, yet convenient and practical too.
Last Agent to Sell the Property
Catherine Humphries
Coldwell Banker Bain Listed on: 02/24/2015
Last Buyer's Agent
Lindy Weathers
Coldwell Banker Bain
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM746379
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,452
Year Built
- Built in 1952
Lot Details
- Level Lot
- Value in Land
Parking
- Detached Carport Space
Property Views
- Lake
- Mountain
Home Design
- Slab Foundation
- Built-Up Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 2 Fireplaces
- Finished Basement
- Natural lighting in basement
Flooring
- Wall to Wall Carpet
- Slate Flooring
- Ceramic Tile
- Vinyl
Outdoor Features
- Deck
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,865,000 | Fidelity Natio | |
| Warranty Deed | $800,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,542,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $520,000 | Purchase Money Mortgage | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $75,000 | Credit Line Revolving |
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: NWM746379
APN: 362350-0135
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Based on information submitted to the MLS GRID
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