NOT LISTED FOR SALE

7800 SE 27th St Unit 502 Mercer Island, WA 98040

Downtown Mercer Island Neighborhood

Estimated Value: $940,000 - $1,694,000

2 Beds
1 Bath
1,951 Sq Ft
0.36 Acres

Last Sold May 02, 2016

Last sale price $985,000 $505 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,845/month

138 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Dogs and Cats Allowed
  • West Mercer Elementary School Rated A
  • Corner Lot
  • 5-minute walk to Greta Hackett Outdoor Sculpture Gallery

About This Home

As of May 2016

Rare Opportunity to Own a Stunning Penthouse, located on the North-End of Mercer Island. Flowing Floor Plan w/Soaring Ceilings & Floor to Ceiling Windows Surround. Territorial Views & Sunsets from 2 Over-Sized Private Terraces. Hand Selected Designer Finish Package, Slab Granite, Chef's Kitchen. Multi-Purpose Loft for Recreation/Hobbies. Private Master Suite, Guest Bedroom & Spacious Den. Close to Parks, Cycling Paths, Park & Ride, Groceries, and Fine Dining.3 Secured Parking Spaces. Hurry!

Last Agent to Sell the Property

Adam Cobb

Windermere Real Estate GH LLC License #100973 Listed on: 11/16/2015

Windermere Real Estate GH LLC

Co-Listed By

Melissa McMurray

Lake & Company License #98163

Last Buyer's Agent

Leo Van Hollebeke

Windermere Northlake License #25518

Windermere Northlake

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM870770

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,433

Year Built

  • Built in 2009

Lot Details

  • 0.36

Parking

  • Common or Shared Parking

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Bitumen Roof

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 7698440230

Community Details

Overview

  • 27 Units
  • Mercer Island Community
  • 5-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,433

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood
  • Appliance Hookups: Cooking-Gas, Dryer-Electric
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Den or Office: Upper
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: By parking
  • Estimated Sq Ft: 1951
  • Window Coverings: Shades

Exterior Features

  • Exterior: Cement/Concrete
  • Roof: Flat, Torch Down
  • View: Lake, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 3
  • Parking Type: Common Garage
  • Parking Space Number: 65,58,57

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units in Building: 27
  • HOA Fees: 631
  • Community Name: Mercer Island
  • Project: 7800 Plaza
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: CWD Group (206) 706-8000
  • Association Contact: Lynda Kocir
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
  • Home Owner Dues Included: Central Hot Water, Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, Disabled Access, Insulated Windows, Master Bath, Penthouse, Top Floor, Vaulted Ceilings, Walk-In Closet

Schools

  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 15526
  • Parcel Number: 7698440230

Tax Info

  • Tax Amount: 7242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Apr 21, 2016
Sold by
Reed Mark A and Barnes Michelle
Bought by
Hart John D and Hart Carol K
Seller's Agent
Adam Cobb
Windermere Real Estate GH LLC
Buyer's Agent
Leo Van Hollebeke
Windermere Northlake
List Price
$1,079,700
Sold Price
$985,000
Premium/Discount to List
-$94,700
-8.77%
Total Days on Market
138
Current Estimated Value
$1,293,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,410
Avg. Annual Appreciation
2.50%
Original Mortgage
$370,000
Outstanding Balance
$177,385
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$1,056,691

Purchase Details

Closed on
Nov 3, 2010
Sold by
Pas Marketing & Consulting Services Inc
Bought by
Reed Mark A and Barnes Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,579
Interest Rate
4.33%
Mortgage Type
Commercial
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
Hart John D $985,000 Chicago Title
Reed Mark A $683,224 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart John D $370,000
Previous Owner Reed Mark $115,200
Previous Owner Reed Mark A $546,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $985,000 -5.3% $505 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
02/24/2016 02/24/16 Price Changed $1,040,000 -3.7% $533 / Sq Ft
11/16/2015 11/16/15 For Sale $1,079,700 -- $553 / 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 $7,433 $1,133,000 $130,700 $1,002,300
2023 $7,361 $1,275,000 $127,800 $1,147,200
2022 $8,164 $1,198,000 $125,000 $1,073,000
2021 $8,056 $1,107,000 $102,300 $1,004,700
2020 $7,476 $1,005,000 $102,300 $902,700
2018 $6,923 $969,000 $63,600 $905,400
2017 $5,690 $797,000 $59,600 $737,400
2016 $6,929 $698,000 $59,600 $638,400
2015 $7,242 $828,000 $59,600 $768,400
2014 -- $827,000 $51,100 $775,900
2013 -- $591,000 $51,000 $540,000
Source: Public Records

Agents Affiliated with this Home

  • Adam Cobb

    Seller's Agent in 2016

    Adam Cobb

    Windermere Corporate

    (206) 854-9454

    539 Total Sales

    Adam Cobb
    Section Image
  • Melissa McMurray

    Seller Co-Listing Agent in 2016

    Melissa McMurray

    Lake & Company

    (206) 949-6944

    172 Total Sales

    Melissa McMurray
    Section Image

  • L

    Buyer's Agent in 2016

    Leo Van Hollebeke

    Windermere Corporate

    (206) 427-2424

    50 Total Sales

    Leo Van Hollebeke
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM870770

Northwest Multiple Listing Service (NWMLS)

APN: 769844-0230

Washington King County Mercer Island 98040 Downtown Mercer Island

7800 SE 27th St Unit 502, Mercer Island, WA

This home is located at 7800 SE 27th St Unit 502, Mercer Island, WA 98040 since 16 November 2015 and is currently estimated at $1,293,410, approximately $662 per square foot. This property was built in 2009. 7800 SE 27th St Unit 502 is a home located in King County with nearby schools including West Mercer 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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