NOT LISTED FOR SALE

7625 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $2,200,000 - $2,980,175

4 Beds
4 Baths
3,350 Sq Ft
$805/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $1,145,773 $342 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $16,106/month

42 Days on Market

About This Home

As of November 2014

Spacious and elegant lower Tarywood Park home. 4 bedroom + den, 3 bath, bonus room, hardwood floors and a floor plan filled with natural light. Kitchen features granite counters & stainless steel appliances. Luxurious master suite with jetted tub, large walk in closet and a view of the lake and Mt Rainier. Gorgeous tile roof and 3-car garage. Private location on the South End across from Clark Beach Park with convenient access to Beach Club, Country Club, schools and south end shopping.

Last Agent to Sell the Property

Gerald Chew

Coldwell Banker Bain License #52391 Listed on: 07/15/2014

Coldwell Banker Bain

Last Buyer's Agent

Frank Li

Bel-Red Realty Service License #23811

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM667410

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$14,566

Year Built

1990

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 3350
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Basement: Unfinished
  • Features: Double Pane/Storm Window, Dining Room, Disabled Access, Jetted Tub, Walk In Pantry, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Garage-Gas

Exterior Features

  • Roof: Tile
  • Homebuilder: Chaffey
  • Exterior: Brick, Wood
  • Foundation: Poured Concrete, Slab
  • Lot Details: Dead End Street, Paved Street
  • Roof: Tile
  • Site Features: Cable TV, Disabled Access, Natural Gas Available, High Speed Internet, Patio, RV Parking, Shop
  • View: Lake, Mountain
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Sloped, Terraces, Wooded

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 25
  • HOA Fee Frequency: Annual

Schools

  • School District: MIS
  • Elementary School: Lakeridge Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Oct 15, 2014
Sold by
Leung David W and Wong Wing W
Bought by
Fei Ying and Liu Yang
Seller's Agent
Gerald Chew
Coldwell Banker Bain
Buyer's Agent
Frank Li
Bel-Red Realty Service
List Price
$1,380,000
Sold Price
$1,145,773
Premium/Discount to List
-$234,227
-16.97%
Current Estimated Value
$2,696,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,550,521
Avg. Annual Appreciation
8.19%
Original Mortgage
$687,464
Outstanding Balance
$532,677
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,121,770

Purchase Details

Closed on
May 20, 2008
Sold by
Leung Peter Y
Bought by
Leung David W and Wong Wing W

Purchase Details

Closed on
Oct 25, 2006
Sold by
Leung David W and Wong Wing W
Bought by
Leung Peter Y

Purchase Details

Closed on
Sep 11, 1992
Sold by
Schroeder Jan C and Schroeder Nancy L
Bought by
Leung David W and Wong Wing W
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fei Ying $1,145,773 Chicago Title
Leung David W $798,900 Chicago Title
Leung Peter Y $798,900 Transnation Ti
Leung David W $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fei Ying $687,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $1,145,773 -4.5% $342 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
08/20/2014 08/20/14 Price Changed $1,200,000 -13.0% $358 / Sq Ft
07/15/2014 07/15/14 For Sale $1,380,000 -- $412 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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 $14,566 $2,223,000 $1,308,000 $915,000
2023 $14,606 $2,128,000 $1,234,000 $894,000
2022 $13,109 $2,380,000 $1,389,000 $991,000
2021 $12,879 $1,779,000 $1,144,000 $635,000
2020 $13,325 $1,608,000 $1,090,000 $518,000
2018 $14,259 $1,651,000 $872,000 $779,000
2017 $12,042 $1,643,000 $789,000 $854,000
2016 $11,206 $1,479,000 $722,000 $757,000
2015 $10,799 $1,340,000 $654,000 $686,000
2014 -- $1,234,000 $605,000 $629,000
2013 -- $1,014,000 $585,000 $429,000
Source: Public Records

Agents Affiliated with this Home

  • Gerald Chew

    Seller's Agent in 2014

    Gerald Chew

    Coldwell Banker Bain

    (206) 679-9294

    28 Total Sales

    Gerald Chew
    Section Image
  • Frank Li

    Buyer's Agent in 2014

    Frank Li

    Bel-Red Realty Service

    (425) 802-6985

    65 Total Sales

    Frank Li
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM667410

Northwest Multiple Listing Service (NWMLS)

APN: 856640-0340

Washington King County Mercer Island 98040 Tarywood

7625 E Mercer Way, Mercer Island, WA

This home is located at 7625 E Mercer Way, Mercer Island, WA 98040 since 15 July 2014 and is currently estimated at $2,696,294, approximately $804 per square foot. This property was built in 1990. 7625 E Mercer Way is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

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.

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Based on information submitted to the MLS GRID

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