Seller's Agent in 2021
Larry Williams
Windermere Corporate
(425) 445-9870
2 in this area
10 Total Sales
7703 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $4,450,000 - $6,569,000
4
Beds
1
Bath
4,361
Sq Ft
$1,285/Sq Ft
Est. Value
Highlights
- Docks
- Lake View
- Wood Flooring
- Lakeridge Elementary School Rated A
- Deck
- Modern Architecture
About This Home
As of August 2021Sun Bay modern. Sun filled custom recreation by Jim Olson of Olson Kundig in 2008, including all the expected architectural genius transitions, metal fab finishes, floating walls and flush reveals, complimented by stunning mature Allworth Design gardens and hardscapes. Pano 180 deg South and West mountain to mountains views from Rainier to Olympics. Art gallery lighting, installed audio, high ceilings throughout. Quartzite, figured maple, stainless kitchen. New private dock 2017, incl boat lift. Guest parking pad. Fully realized Seattle modern living.
Last Agent to Sell the Property
Windermere Mercer Island License #74738 Listed on: 05/25/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1753267
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,180
Year Built
- Built in 1986
Lot Details
- Street terminates at a dead end
- Terraced Lot
- Garden
- Property is zoned R15
Property Views
- Lake
- Mountain
Home Design
- Modern Architecture
- Poured Concrete
- Metal Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 4 Fireplaces
- Partially Finished Basement
- Natural lighting in basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Laundry
- Dryer
- Washer
Parking
- Attached Garage
- Off-Street Parking
Outdoor Features
- Bulkhead
- Docks
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Westside Community
Listing and Financial Details
- Assessor Parcel Number 5451300038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2021
Closed on
Aug 11, 2021
Sold by
Gartz William F and Holt Robin L
Bought by
Chancellor Scott Anthony
Seller's Agent
Larry Williams
Windermere Mercer Island
Buyer's Agent
Nick Gerisilo
John L. Scott, Inc
List Price
$5,998,000
Sold Price
$4,600,000
Premium/Discount to List
-$1,398,000
-23.31%
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
$1,004,980
Avg. Annual Appreciation
4.74%
Original Mortgage
$2,990,000
Outstanding Balance
$2,669,170
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$2,935,810
Purchase Details
Closed on
Sep 11, 2006
Sold by
Loshin Nancy L and Loshin Philip R
Bought by
Gartz William F and Holt Robin L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 28, 2001
Sold by
Loshin Philip R and Loshin Nancy
Bought by
Loshin Nancy L and Loshin Philip R
Purchase Details
Closed on
Apr 4, 1988
Sold by
Mumm Michael J and Mumm Diane M
Bought by
Loshin Philip R and Loshin Nancy
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 |
|---|---|---|---|
| Chancellor Scott Anthony | $4,600,000 | Chicago Title Company Of Wa | |
| Gartz William F | $1,698,000 | Chicago Title | |
| Loshin Nancy L | -- | -- | |
| Loshin Philip R | $579,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chancellor Scott Anthony | $2,990,000 | |
| Previous Owner | Gartz William F | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2021 08/19/21 | Sold | $4,600,000 | -23.3% | $1,055 / Sq Ft |
| 08/12/2021 08/12/21 | Pending | -- | -- | -- |
| 08/12/2021 08/12/21 | For Sale | $5,998,000 | +30.4% | $1,375 / Sq Ft |
| 06/24/2021 06/24/21 | Off Market | $4,600,000 | -- | -- |
| 05/25/2021 05/25/21 | For Sale | $5,998,000 | -- | $1,375 / 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 | $30,180 | $4,609,000 | $1,757,000 | $2,852,000 |
| 2023 | $29,802 | $4,329,000 | $1,658,000 | $2,671,000 |
| 2022 | $25,972 | $4,842,000 | $1,866,000 | $2,976,000 |
| 2021 | $21,998 | $3,527,000 | $1,536,000 | $1,991,000 |
| 2020 | $18,511 | $2,748,000 | $1,463,000 | $1,285,000 |
| 2018 | $19,210 | $2,294,000 | $1,085,000 | $1,209,000 |
| 2017 | $16,768 | $2,214,000 | $1,044,000 | $1,170,000 |
| 2016 | $15,599 | $2,060,000 | $955,000 | $1,105,000 |
| 2015 | $15,030 | $1,866,000 | $865,000 | $1,001,000 |
| 2014 | -- | $1,718,000 | $800,000 | $918,000 |
| 2013 | -- | $1,438,000 | $1,078,000 | $360,000 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Williams
-
Julie Wilson
Seller Co-Listing Agent in 2021
Julie Wilson
Windermere Corporate
(206) 225-1500
5 in this area
60 Total Sales
-
Nick Gerisilo
Buyer's Agent in 2021
Nick Gerisilo
John L Scott
(206) 372-0218
1 in this area
133 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1753267
APN: 545130-0038
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Based on information submitted to the MLS GRID
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