NOT LISTED FOR SALE

7629 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,847,000 - $4,676,000

4 Beds
4 Baths
3,730 Sq Ft
$1,118/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $1,700,000 $456 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $25,336/month

76 Days on Market

About This Home

As of October 2012

Original Ralph Anderson architectural modern art form, rebuilt from the studs by acclaimed architect Luther Hintz staying within the original design.The mesmerizing views are outstanding and enjoyed from all main living spaces. Multiple French Doors open the spacious deck and fill this home with beautiful natural light. Featured in multiple publications and the Mercer Island Garden Tour, this home has excellent fusion of indoor and outdoor spaces. Shared waterfront and dock with boat slip!

Last Agent to Sell the Property

Melanie McCarthy

Windermere Real Estate/East License #23698 Listed on: 06/14/2012

Windermere Real Estate/East

Last Buyer's Agent

Laurence Barratt

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM369976

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Oct 12, 2012
Sold by
Moris Erik J
Bought by
Egan Mary C and Toribio Amado M
Seller's Agent
Melanie McCarthy
Windermere Real Estate/East
Buyer's Agent
Laurence Barratt
Coldwell Banker Danforth
List Price
$1,700,000
Sold Price
$1,700,000
Total Days on Market
76
Current Estimated Value
$4,169,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,469,787
Avg. Annual Appreciation
7.16%
Original Mortgage
$850,000
Outstanding Balance
$600,908
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$3,486,081

Purchase Details

Closed on
Jun 26, 2002
Sold by
Kaplan David L and Kaplan Anita D
Bought by
Moris Erik J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Interest Rate
5.62%

Purchase Details

Closed on
Apr 8, 1992
Sold by
Lasersohn Jack T and Lasersohn Joan C
Bought by
Kaplan David L and Kaplan Anita D
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Egan Mary C $1,700,000 Fidelity Natio
Moris Erik J $1,493,000 Chicago Title
Kaplan David L $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egan Mary C $850,000
Previous Owner Moris Erik J $500,000
Previous Owner Moris Erik J $200,000
Previous Owner Moris Erik J $710,500
Previous Owner Moris Erik J $675,000
Previous Owner Moris Erik J $650,000
Previous Owner Moris Erik J $543,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $1,700,000 0.0% $456 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $1,700,000 -- $456 / 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 $24,493 $3,740,000 $1,898,000 $1,842,000
2023 $24,188 $3,513,000 $1,791,000 $1,722,000
2022 $21,078 $3,929,000 $2,015,000 $1,914,000
2021 $20,230 $2,862,000 $1,659,000 $1,203,000
2020 $18,740 $2,527,000 $1,580,000 $947,000
2018 $18,178 $2,322,000 $1,331,000 $991,000
2017 $15,353 $2,095,000 $1,204,000 $891,000
2016 $14,279 $1,886,000 $1,101,000 $785,000
2015 $13,763 $1,708,000 $997,000 $711,000
2014 -- $1,573,000 $922,000 $651,000
2013 -- $1,597,000 $935,000 $662,000
Source: Public Records

Agents Affiliated with this Home

  • Melanie McCarthy

    Seller's Agent in 2012

    Melanie McCarthy

    Windermere Corporate

    (425) 802-4342

    23 Total Sales

    Melanie McCarthy
    Section Image

  • L

    Buyer's Agent in 2012

    Laurence Barratt

    Coldwell Banker Danforth

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM369976

Northwest Multiple Listing Service (NWMLS)

APN: 778600-0030

Washington King County Mercer Island 98040 Island Point

7629 W Mercer Way, Mercer Island, WA

This home is located at 7629 W Mercer Way, Mercer Island, WA 98040 since 14 June 2012 and is currently estimated at $4,169,787, approximately $1,117 per square foot. This property was built in 1968. 7629 W 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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