Seller's Agent in 2023
Sandy Sun
Avenue Properties
(206) 484-5888
1 in this area
64 Total Sales
Listed by COMPASS, Bought with John L. Scott, Inc.
7619 SE 40th St Mercer Island, WA 98040
Mercerdale NeighborhoodEstimated Value: $2,928,000 - $3,474,000
4
Beds
3.5
Baths
4,020
Sq Ft
$818/Sq Ft
Est. Value
Highlights
- Solar Power System
- Lake View
- Vaulted Ceiling
- West Mercer Elementary School Rated A
- Deck
- 5-minute walk to Homestead Field
About This Home
As of March 2023Make this your New Year Entertainment Home! Open floorplan w/ intentional spaces throughout. Newly remodeled kitchen, with attention to every detail. Architectural box-beam ceilings, crown molding, 2nd staircase off family room, mudroom w/access from garage & front driveway and much more. Private office on main floor w/ custom built-ins. Home includes A/C, central vac, built-in speakers. SW exposure. Flat backyard w/ sport court. Located minutes from downtown Mercer Island where you could enjoy the Farmers Market, coffee, a bite to eat, + access to open-space trail system. Short commute to Seattle or Bellevue. This North end home is truly a delight!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2027732
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,948
Year Built
- Built in 1999
Lot Details
- 10,664 Sq Ft Lot
- North Facing Home
- Dog Run
- Property is Fully Fenced
- Level Lot
- Irrigation
- Garden
- Property is in good condition
Parking
- 3 Car Attached Garage
- Driveway
Property Views
- Lake
- Territorial
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 4,020 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Vaulted Ceiling
- 2 Fireplaces
- Electric Fireplace
- Gas Fireplace
- French Doors
- Dining Room
- Home Security System
Kitchen
- Double Oven
- Stove
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Sport Court
- Deck
- Patio
Schools
- West Mercer Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Central Air
- Mini Split Air Conditioners
- Generator Hookup
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- North End Subdivision
- Electric Vehicle Charging Station
Listing and Financial Details
- Assessor Parcel Number 3623500125
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2023
Closed on
Feb 17, 2023
Sold by
Spruce Land Services Llc
Bought by
Owen And Christine Smith Family Trust
Seller's Agent
Sandy Sun
COMPASS
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$2,950,000
Sold Price
$2,900,000
Premium/Discount to List
-$50,000
-1.69%
Views
20
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
$386,872
Avg. Annual Appreciation
4.71%
Original Mortgage
$1,950,000
Outstanding Balance
$1,882,612
Interest Rate
5.79%
Mortgage Type
New Conventional
Estimated Equity
$1,404,260
Purchase Details
Listed on
Jan 17, 2023
Closed on
Feb 11, 2023
Sold by
Davis Maya J and Davis Christian P
Bought by
Spruce Land Services Llc
Seller's Agent
Sandy Sun
COMPASS
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$2,950,000
Sold Price
$2,900,000
Premium/Discount to List
-$50,000
-1.69%
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Outstanding Balance
$1,882,612
Interest Rate
5.79%
Mortgage Type
New Conventional
Estimated Equity
$1,404,260
Purchase Details
Closed on
Jun 21, 2008
Sold by
Tracy Kenneth L and Tracy Laurie
Bought by
Davis Maya J and Cocks Christian P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 24, 1999
Sold by
Bordner Construction Co Inc
Bought by
Tracy Kenneth L and Tracy Laurie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,330
Interest Rate
6.8%
Purchase Details
Closed on
Oct 26, 1998
Sold by
Daniels Martha and Gregg Clifford C
Bought by
Bordner Construction Co Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.6%
Mortgage Type
Construction
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 |
|---|---|---|---|
| Owen And Christine Smith Family Trust | $2,900,000 | -- | |
| Spruce Land Services Llc | $2,900,000 | -- | |
| Davis Maya J | $1,344,000 | Fidelity National Title | |
| Tracy Kenneth L | $934,162 | Chicago Title Insurance Co | |
| Bordner Construction Co Inc | $279,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Owen And Christine Smith Family Trust | $1,950,000 | |
| Previous Owner | Davis Maya J | $567,500 | |
| Previous Owner | Tracy Kenneth L | $747,330 | |
| Previous Owner | Bordner Construction Co Inc | $560,000 | |
| Closed | Tracy Kenneth L | $92,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2023 03/01/23 | Sold | $2,900,000 | -1.7% | $721 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 01/17/2023 01/17/23 | For Sale | $2,950,000 | -- | $734 / 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 | $18,780 | $2,867,000 | $1,125,000 | $1,742,000 |
| 2023 | $18,897 | $2,744,000 | $1,062,000 | $1,682,000 |
| 2022 | $14,948 | $2,714,000 | $1,195,000 | $1,519,000 |
| 2021 | $14,087 | $2,029,000 | $984,000 | $1,045,000 |
| 2020 | $13,973 | $1,759,000 | $938,000 | $821,000 |
| 2018 | $13,557 | $1,731,000 | $757,000 | $974,000 |
| 2017 | $11,839 | $1,562,000 | $685,000 | $877,000 |
| 2016 | $11,013 | $1,454,000 | $627,000 | $827,000 |
| 2015 | $10,616 | $1,317,000 | $568,000 | $749,000 |
| 2014 | -- | $1,213,000 | $525,000 | $688,000 |
| 2013 | -- | $968,000 | $495,000 | $473,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sandy Sun
-
Lisa Novak
Seller Co-Listing Agent in 2023
Lisa Novak
Windermere Corporate
(206) 427-8503
2 in this area
69 Total Sales
-
Lori Holden
Buyer's Agent in 2023
Lori Holden
John L Scott
(206) 949-5674
15 in this area
101 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2027732
APN: 362350-0125
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Based on information submitted to the MLS GRID
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