NOT LISTED FOR SALE

7649 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $4,608,000 - $5,190,000

4 Beds
3 Baths
3,838 Sq Ft
$1,264/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $1,990,000 $518 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $29,157/month

73 Days on Market

About This Home

As of August 2013

Exceptional Lake Washington waterfront parcel enjoys 74+/- feet of frontage, dock, boat & jet ski lifts plus boat included, in-ground pool, magnificent verdant landscapes & gorgeous city & lake views. Ralph Anderson designed & custom built for orig owners, features main floor master bedroom & sitting area, office, formal living & dining rms, kitchen w/ access to decks & beautiful western views. Lower level includes 3 additional bedrooms, bath, bonus room and recreation room, fireplace & more!

Last Listed By

Laura Reymore

Coldwell Banker Bain Listed on: 04/16/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM473532

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$27,235

Year Built

1971

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 3838
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1971

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Fireplaces: 3
  • Basement: Daylight, Fully Finished
  • Features: Wet Bar, Wired for Generator, Bath Off Master, Built-In Vacuum, Dining Room, Disabled Access, Fireplace in Master Bedroom, Hot Tub/Spa, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 3
  • Floor: Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet
  • Water Heater Location: Laundry Rm-Gas

Exterior Features

  • Roof: Composition
  • Homebuilder: Harold Perrault
  • Community Features: CCRs
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Pool: In-Ground
  • Roof: Composition
  • Site Features: Boat House, Cable TV, Deck, Disabled Access, Dock, Natural Gas Available, High Speed Internet, Hot Tub/Spa, Moorage, Outbuildings, Patio, Shop, Sprinkler System
  • View: City, Lake, Mountain
  • Waterfront: Low Bank, Bulkhead, Lake
  • Waterfront Frontage: 74+/-
  • Lot Topography: Level, Sloped, Terraces, Wooded

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air, High Efficiency (Unspecified)
  • Heating: Forced Air, High Efficiency (Unspecified)
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Heating and Cooling: Forced Air, High Efficiency (Unspecified)
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Schools

  • School District: MIS
  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2013
Closed on
Aug 9, 2013
Sold by
Aldape Hector C and Aldape Patricia A
Bought by
Shipper David J and Shipper Robin
Seller's Agent
Laura Reymore
Coldwell Banker Bain
Buyer's Agent
Arthur Whittlesey
Windermere Real Estate/East
List Price
$2,200,000
Sold Price
$1,990,000
Premium/Discount to List
-$210,000
-9.55%
Total Days on Market
73
Current Estimated Value
$4,849,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,859,683
Avg. Annual Appreciation
7.51%
Original Mortgage
$1,393,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2001
Sold by
Aldape Hector C and Aldape Patricia A
Bought by
Aldape Hector C and Aldape Patricia A

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
Shipper David J $1,990,000 Rainier Title
Aldape Hector C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipper David J $2,000,000
Closed Shipper David J $1,393,000
Previous Owner Aldape Hector C $500,000
Previous Owner Aldape Hector C $250,000
Previous Owner Aldape Hector C $278,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2013 08/19/13 Sold $1,990,000 -9.5% $518 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $2,200,000 -- $573 / 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 $27,235 $4,159,000 $2,777,000 $1,382,000
2023 $26,891 $3,906,000 $2,620,000 $1,286,000
2022 $24,044 $4,368,000 $2,948,000 $1,420,000
2021 $23,077 $3,265,000 $2,427,000 $838,000
2020 $21,866 $2,883,000 $2,312,000 $571,000
2018 $22,696 $2,710,000 $1,876,000 $834,000
2017 $19,167 $2,616,000 $1,804,000 $812,000
2016 $17,829 $2,355,000 $1,649,000 $706,000
2015 $17,180 $2,133,000 $1,493,000 $640,000
2014 -- $1,964,000 $1,380,000 $584,000
2013 -- $2,038,000 $1,790,000 $248,000
Source: Public Records

Agents Affiliated with this Home

  • Laura Reymore

    Seller's Agent in 2013

    Laura Reymore

    Coldwell Banker Bain

    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Suzanne Lane

    Coldwell Banker Bain

  • Arthur Whittlesey

    Buyer's Agent in 2013

    Arthur Whittlesey

    Windermere Corporate

    (425) 454-1044

    1 in this area

    87 Total Sales

    Arthur Whittlesey
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM473532

Northwest Multiple Listing Service (NWMLS)

APN: 778600-0070

Washington King County Mercer Island 98040 Island Point

7649 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7649 W Mercer Way, Mercer Island, WA 98040 since 16 April 2013 and is currently estimated at $4,849,683, approximately $1,263 per square foot. This property was built in 1971. 7649 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.

Northwest Multiple Listing Service (NWMLS) 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.