NOT LISTED FOR SALE

7800 SE 27th St Unit 503 Mercer Island, WA 98040

Downtown Mercer Island Neighborhood

Estimated Value: $1,008,000 - $1,762,000

2 Beds
1 Bath
2,126 Sq Ft
0.36 Acres

Last Sold December 16, 2020

Last sale price $1,595,000 $750 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $9,275/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • 2 Fireplaces
  • West Mercer Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Greta Hackett Outdoor Sculpture Gallery

About This Home

As of December 2020

Set in the heart of coveted downtown Mercer Island, this stunning top-floor penthouse has been completely remodeled with stylish new finishes and high-end designer details. Sun-drenched spacious interiors feature chef’s kitchen, open concept living, dining, family room and double height ceilings. A loft office and bonus room plus a huge private rooftop deck make this the ideal spot to entertain, work and play. Generous storage and 2 parking spots in secure garage. Steps to parks, trails, cafes and groceries with easy access to Seattle, Bellevue and light rail. Luxury urban living at its finest!

Last Agent to Sell the Property

Andrea Iverson

Windermere Mercer Island License #74522 Listed on: 11/10/2020

Windermere Mercer Island

Last Buyer's Agent

Lori Bauermeister

John L. Scott, Inc. License #6143

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1684550

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,894

Year Built

  • Built in 2009

Lot Details

  • Street terminates at a dead end

Parking

  • Common or Shared Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 7698440240

Community Details

Overview

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

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,894

Year Built

Built in 2009

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, 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
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage, Adjacent to Parking
  • Storage Number: 24
  • Estimated Sq Ft: 2126
  • Window Coverings: Blinds/Drapes

Exterior Features

  • Construction Methods: Steel And Concrete
  • Exterior: Brick, Cement Planked, Cement/Concrete
  • Roof: Flat, Torch Down
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 59, 60

Utilities

  • Heating And Cooling: Baseboard, Wall

Condo/Co-op/Association

  • Numberof Units in Building: 27
  • Numberof Units In Complex: 27
  • HOA Fees: 914
  • Community Name: Mercer Island
  • Project: 7800 Plaza
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: CWD Group (206) 706-8000
  • Association Contact: Lynda Kocir (206) 706-8000
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate, Trails
  • Home Owner Dues Included: Central Hot Water, Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, French Doors, Insulated Windows, Master Bath, Penthouse, Top Floor, Vaulted Ceilings, Walk-In Closet

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Curbs, Dead End Street, Paved Street, Sidewalk
  • Lot Sq Ft: 15526
  • Parcel Number: 7698440240

Tax Info

  • Tax Amount: 9110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Siegwarth and Patricia
Bought by
Michael T Siegwarth And Patricia J Siegwarth and Siegwarth Patric
Total Days on Market
5
Current Estimated Value
$1,512,527

Purchase Details

Listed on
Aug 5, 2015
Closed on
Aug 20, 2015
Sold by
Scannell Erin J and Scannell Tanis K
Bought by
Schwab James E and Schwab Vivian S
Seller's Agent
Mark von der Burg
COMPASS
Buyer's Agent
Shawna Ader
Windermere Real Estate Midtown
List Price
$999,888
Sold Price
$1,000,000
Premium/Discount to List
$112
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Sep 20, 2010
Sold by
Pas Marketing & Consultin Services Inc
Bought by
Scanell Erin J and Scannell Tanis K
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
Michael T Siegwarth And Patricia J Siegwarth $313 Copp Kevin J
Schwab James E $1,000,000 Chicago Title
Scanell Erin J $809,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siegwarth Michael $1,196,250
Previous Owner Scannell Erin J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $1,595,000 0.0% $750 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $1,595,000 +59.5% $750 / Sq Ft
08/26/2015 08/26/15 Sold $1,000,000 0.0% $470 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $999,888 -- $470 / 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 $9,894 $1,509,000 $158,600 $1,350,400
2023 $9,905 $1,763,000 $155,200 $1,607,800
2022 $11,460 $1,613,000 $151,700 $1,461,300
2021 $10,487 $1,555,000 $124,100 $1,430,900
2020 $9,110 $1,309,000 $124,100 $1,184,900
2018 $9,525 $1,265,000 $77,200 $1,187,800
2017 $7,496 $1,097,000 $72,400 $1,024,600
2016 $8,499 $920,000 $72,400 $847,600
2015 $8,832 $1,016,000 $72,400 $943,600
2014 -- $1,009,000 $62,000 $947,000
2013 -- $669,000 $61,900 $607,100
Source: Public Records

Agents Affiliated with this Home

  • Andrea Iverson

    Seller's Agent in 2020

    Andrea Iverson

    Windermere Corporate

    (206) 851-8056

    1 in this area

    25 Total Sales

    Andrea Iverson
    Section Image
  • Lori Bauermeister

    Buyer's Agent in 2020

    Lori Bauermeister

    John L Scott

    (425) 445-5833

    1 in this area

    84 Total Sales

    Lori Bauermeister
    Section Image
  • Mark von der Burg

    Seller's Agent in 2015

    Mark von der Burg

    Avenue Properties

    (425) 882-8821

    3 in this area

    181 Total Sales

    Mark von der Burg
    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Lindsey Joseph

    Coldwell Banker Bain

  • Shawna Ader

    Buyer's Agent in 2015

    Shawna Ader

    Windermere Corporate

    (206) 251-2337

    193 Total Sales

    Shawna Ader
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1684550

Northwest Multiple Listing Service (NWMLS)

APN: 769844-0240

Washington King County Mercer Island 98040 Downtown Mercer Island

7800 SE 27th St Unit 503, Mercer Island, WA

This home is located at 7800 SE 27th St Unit 503, Mercer Island, WA 98040 since 10 November 2020 and is currently estimated at $1,512,527, approximately $711 per square foot. This property was built in 2009. 7800 SE 27th St Unit 503 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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