Seller's Agent in 2015
Allen Hovsepian
Windermere Corporate
(206) 718-6500
25 Total Sales
7617 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $5,861,730 - $7,679,000
5
Beds
4
Baths
5,316
Sq Ft
$1,244/Sq Ft
Est. Value
Highlights
- Docks
- RV Access or Parking
- Craftsman Architecture
- Lakeridge Elementary School Rated A
- Lake View
- Deck
About This Home
As of September 2015Entertainers’ delight! This waterfront home features 5,316 sq ft on 3 levels with expansive lake views. Sweeping foyer w/gleaming hardwoods flows into formal spaces. Gourmet kitchen, 400 bottle wine cellar and outdoor entertaining spaces add to the atmosphere of this quality home, nestled on lot to maximize privacy. 3 level 2-car garage with parking, workshop & ADU. Bonus room sized for pool table. Create memories on lake with l-shaped dock & moorage for 24ft boat, boat lift, 2 jet ski lifts.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM753596
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,940
Year Built
- Built in 1987
Lot Details
- Street terminates at a dead end
- Level Lot
- Sprinkler System
- Garden
Property Views
- Lake
- City
- Mountain
Home Design
- Craftsman Architecture
- Slab Foundation
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 2 Fireplaces
- Finished Basement
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Parking
- Detached Garage
- RV Access or Parking
Outdoor Features
- Docks
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Westside Community
Listing and Financial Details
- Assessor Parcel Number 2524049290
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2015
Closed on
Sep 16, 2015
Sold by
Kaestle John and Kaestle Denise
Bought by
Inkrock Holding Limited
Seller's Agent
Allen Hovsepian
Windermere Mercer Island
Buyer's Agent
Susan Ross
Best Choice Network LLC
List Price
$3,425,000
Sold Price
$3,300,000
Premium/Discount to List
-$125,000
-3.65%
Total Days on Market
93
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
$3,314,433
Avg. Annual Appreciation
7.66%
Original Mortgage
$1,815,000
Outstanding Balance
$1,370,581
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,330,184
Purchase Details
Closed on
Nov 5, 1997
Sold by
Benaroya Joseph and Benaroya Karen M
Bought by
Kaestle John M and Kaestle Denise A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.37%
Purchase Details
Closed on
Nov 15, 1995
Sold by
Dawson John Hamilton
Bought by
Benaroya Joseph and Benaroya Karen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,300
Interest Rate
7.42%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Inkrock Holding Limited | $3,300,000 | Fidelity Natio | |
| Kaestle John M | $1,203,400 | -- | |
| Benaroya Joseph | $1,050,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Inkrock Holding Limited | $1,815,000 | |
| Previous Owner | Kaestle John M | $655,000 | |
| Previous Owner | Kaestle John M | $693,000 | |
| Previous Owner | Kaestle John M | $440,000 | |
| Previous Owner | Kaestle John M | $710,000 | |
| Previous Owner | Kaestle John M | $650,000 | |
| Previous Owner | Benaroya Joseph | $202,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2015 09/30/15 | Sold | $3,300,000 | -3.6% | $621 / Sq Ft |
| 06/12/2015 06/12/15 | Pending | -- | -- | -- |
| 03/10/2015 03/10/15 | For Sale | $3,425,000 | -- | $644 / 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 | $36,940 | $5,642,000 | $3,479,000 | $2,163,000 |
| 2023 | $36,475 | $5,299,000 | $3,283,000 | $2,016,000 |
| 2022 | $31,785 | $5,926,000 | $3,693,000 | $2,233,000 |
| 2021 | $30,508 | $4,317,000 | $3,040,000 | $1,277,000 |
| 2020 | $30,659 | $3,812,000 | $2,896,000 | $916,000 |
| 2018 | $31,696 | $3,800,000 | $2,582,000 | $1,218,000 |
| 2017 | $27,212 | $3,654,000 | $2,483,000 | $1,171,000 |
| 2016 | $21,563 | $3,344,000 | $2,270,000 | $1,074,000 |
| 2015 | $20,860 | $2,580,000 | $2,055,000 | $525,000 |
| 2014 | -- | $2,385,000 | $1,900,000 | $485,000 |
| 2013 | -- | $2,359,000 | $2,147,000 | $212,000 |
Source: Public Records
Agents Affiliated with this Home
-
Allen Hovsepian
-
Susan Ross
S
Buyer's Agent in 2015
Susan Ross
Best Choice Realty Brokerage
(425) 941-5780
17 Total Sales
Map
Similar Homes in Mercer Island, WA
-
$7,250,000
- 4 Beds
- 3.5 Baths
- 4,361 Sq Ft
- 7703 W Mercer Way
- Mercer Island, WA
Olson Kundig design set upon the shores of Lake Washington. Light finds you in every space & the views are inescapable in your modern jewel-box home of glass, steel, wood & concrete, artfully reimagined by world renowned architect, Jim Olson, in 2008. Mt Rainier & the Olympics are your backdrop for all-day sun along 65' of coveted West-facing Mercer Island waterfront with new dock in 2017 & boat
Nick Gerisilo John L. Scott, Inc
-
$6,000,000
- 5 Beds
- 3 Baths
- 1,810 Sq Ft
- 8001 W Mercer Way
- Mercer Island, WA
Nestled just 10 feet from the water’s edge, this rare waterfront opportunity offers an unparalleled perch for your vision. Whether you choose to restore or reimagine, the grandfathered, foundation provides an extraordinary starting point—one that could never be replicated under today’s regulations. This home enjoys expansive views of Mount Rainier, breathtaking sunrises and sunsets, while eagles
Diane Tien Realogics Sotheby's Int'l Rlty
-
$4,880,000
- 6 Beds
- 6.5 Baths
- 6,660 Sq Ft
- 7088 94th Ave SE
- Mercer Island, WA
Enhanced by views of Lake WA, Mt Rainier & vibrant sunrises, this light-filled estate offers easy living, working & entertaining. Main flr showcases an inviting living/dining rm, chef's kitchen, family rm, 2 offices & BR w/en suite. Upstairs, the luxurious primary features a shopper’s dream closet w/seating area, fireplace & balcony—plus 3 more BRs w/en suites. Lower level is ideal for hosting or
Katie Penny Shea Coldwell Banker Bain
-
$5,780,000
- 5 Beds
- 3.5 Baths
- 3,510 Sq Ft
- 5438 E Mercer Way
- Mercer Island, WA
Discover unparalleled lakeside living with this refreshed contemporary home, perfectly positioned on a sprawling 0.58-acre lot with 85 feet of low-bank lake frontage and a private dock. Every room in this 5-bedroom, 3.5-bathroom home offers breathtaking views of the serene lake, seamlessly blending modern design with nature's beauty. Wake up to panoramic views of Mt. Rainier and enjoy the
Grace Yu Realogics Sotheby's Int'l Rlty
-
$6,500,000
- 4 Beds
- 4.5 Baths
- 4,450 Sq Ft
- 4802 E Mercer Way
- Mercer Island, WA
Introducing an exceptional waterfront residence with breathtaking views of Mount Rainier, perfectly framed by meticulously landscaped grounds. This remarkable home spans 4,450 square feet, offering four generously-sized bedrooms and four and a half bathrooms. The expansive open-concept kitchen seamlessly flows into a welcoming family room, ideal for both relaxation and entertaining. Boasting 100
Chengliang Wang Kelly Right RE of Seattle LLC
-
$4,888,000
- 6 Beds
- 7 Baths
- 4,824 Sq Ft
- 3867 83rd Ave SE
- Mercer Island, WA
Hidden Jewel , an impressive luxury home in the sought-after heart of Mercer Island. This 4824 sq ft home offers 6 bedrooms, 5 private baths, and 2 powder rooms. The thoughtful layout features high ceilings, a grand foyer, and expansive living areas. Premium materials are used throughout, with slab countertops in the two full kitchens and top-tier stainless steel appliances. The home also
Farid Mohajerjasbi Dynasty Realty, Inc.
-
$5,250,000
- 4 Beds
- 3.5 Baths
- 4,620 Sq Ft
- 4276 E Mercer Way
- Mercer Island, WA
This striking new construction home doesn’t compete for attention—it commands it! Panoramic views of Lake Washington and Mt. Rainier. At the heart is a dramatic living room with nearly 16-foot ceilings, clerestory windows, and a full LaCantina door that opens completely to the outdoors. Chef’s kitchen with porcelain slab counters and backsplash, Wolf, Sub-Zero, and Miele appliances. Main-floor
Becky Nadesan Coldwell Banker Bain
-
$7,250,000
- 5 Beds
- 5.5 Baths
- 5,100 Sq Ft
- 7254 N Mercer Way
- Mercer Island, WA
A spotless and stunning new-construction home. Sited on the conveniently located north end with easy access to downtown Mercer Island, I-90, Bellevue and Seattle. Captivating lake and city views! Live exceptionally in this perfectly crafted masterpiece, featuring a great room concept with dramatic views which opens to an expansive deck with built-in barbeque and cooking station, two designer
Patrick Moore Windermere Real Estate/East
-
$6,750,000
- 3 Beds
- 3.5 Baths
- 4,583 Sq Ft
- 7226 N Mercer Way
- Mercer Island, WA
An extraordinary statement of mid century modern style with sweeping views of Lake Washington at this renovated waterfront designed by renowned architect Reid A. Morgan. Ideally placed on the north end, this lakefront residence features walls of glass framing water views from dawn to dusk. The two-story great room and outdoor living spaces offer a front-row seat to boaters, sunsets & the ever
Tere Foster COMPASS
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM753596
APN: 252404-9290
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.
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. ©2025 NWMLS.
Nearby Homes
- 7625 W Mercer Way
- 7703 W Mercer Way
- 7820 W Mercer Way
- 7243 W Ridge Rd
- 8001 W Mercer Way
- 7215 76th Ave SE
- 7209 76th Ave SE
- 7909 78th Ave SE
- 7525 81st Place SE
- 8205 SE 71st St
- 8407 SE 69th Place
- 6815 84th Ave SE
- 8521 E Mercer Way
- 7850 SE 62nd St
- 8812 SE 74th Place
- 8314 Island Dr S
- 6160 W Mercer Way
- 6221 83rd Place SE
- 7938 Seward Park Ave S Unit B
- 7938 Seward Park Ave S Unit c