Seller's Agent in 2022
Tere Foster
COMPASS
(425) 637-8373
2 in this area
410 Total Sales
Listed by COMPASS, Bought with John L. Scott, Inc.
7814 79th Ave SE Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $5,526,503 - $6,694,000
4
Beds
5.5
Baths
6,240
Sq Ft
$979/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Second Kitchen
- Lake View
- Lakeridge Elementary School Rated A
- Wine Cellar
- 1.09 Acre Lot
About This Home
As of January 2022A fresh vision of timeless, sophisticated style nestled in a private, view acre setting on Mercer Island. Luxurious finishes & a light-filled floor plan boast sweeping SW lake & Mt. Rainier views. For those who love to entertain, the new Henrybuilt kitchen w/top-of-the-line everything makes preparing feasts a pleasure. Additional highlights: new baths, white oak floors, designer lighting, new fireplaces, iPort smart-home hub & the list goes on. Seamless indoor/outdoor living w/multiple sets of French doors out to the view patio. 4 bedrooms total, 3 ensuite. The main-floor primary suite is a sweet escape w/new spa-like bath & fireplace. Lower level rec room w/mini-kitchen & home theater. Minutes to markets, shopping, dining, schools & more!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1866824
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,635
Year Built
- Built in 2003
Lot Details
- 1.09 Acre Lot
- Street terminates at a dead end
- Dog Run
- Gated Home
- Property is Fully Fenced
- Secluded Lot
- Level Lot
- Sprinkler System
- Garden
- Zoning described as Mercer Island R15
Property Views
- Lake
- Mountain
Home Design
- Traditional Architecture
- Poured Concrete
- Tile Roof
- Stone Siding
- Stucco
- Wood Composite
Interior Spaces
- 6,240 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Vaulted Ceiling
- Skylights
- 2 Fireplaces
- French Doors
- Wine Cellar
- Dining Room
- Finished Basement
- Natural lighting in basement
Kitchen
- Second Kitchen
- Walk-In Pantry
- Oven or Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
- Ceramic Tile
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Parking
- 3 Car Attached Garage
- Driveway
Outdoor Features
- Sport Court
- Deck
- Patio
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Central Air
- Smart Home Wiring
- Generator Hookup
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Additional Features
- Property is near public transit
- Horses Allowed On Property
Community Details
- South End Subdivision
Listing and Financial Details
- Assessor Parcel Number 2524049166
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2021
Closed on
Jan 7, 2022
Sold by
Argenti and Barbara
Bought by
Farsai Family Trust
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$5,898,000
Sold Price
$5,580,000
Premium/Discount to List
-$318,000
-5.39%
Total Days on Market
30
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
$529,376
Avg. Annual Appreciation
2.22%
Original Mortgage
$3,906,000
Outstanding Balance
$3,598,275
Interest Rate
1.88%
Mortgage Type
New Conventional
Estimated Equity
$2,433,353
Purchase Details
Closed on
Sep 18, 2014
Sold by
Chapman Jens R and Chapman Shirley A
Bought by
Argenti Marco and Quaranta Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 22, 1998
Sold by
Pelzel Leigh H
Bought by
Chapman Jens R and Chapman Shirley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.95%
Purchase Details
Closed on
May 6, 1996
Sold by
Pelzel Robert B
Bought by
Pelzel Leigh H
Purchase Details
Closed on
Feb 21, 1995
Sold by
Pelzel Robert B and Pelzel Jane B
Bought by
Pelzel Leigh H
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 |
|---|---|---|---|
| Farsai Family Trust | $5,580,000 | First American Title | |
| Argenti Marco | $2,950,000 | Fidelity Natio | |
| Chapman Jens R | $1,100,000 | Chicago Title Insurance Co | |
| Pelzel Leigh H | -- | -- | |
| Pelzel Anne H | -- | -- | |
| Pelzel Leigh H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farsai Family Trust | $3,906,000 | |
| Previous Owner | Argenti Marco | $1,740,000 | |
| Previous Owner | Argenti Marco | $360,000 | |
| Previous Owner | Argenti Marco | $2,000,000 | |
| Previous Owner | Chapman Jens R | $825,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2022 01/14/22 | Sold | $5,580,000 | -5.4% | $894 / Sq Ft |
| 12/22/2021 12/22/21 | Pending | -- | -- | -- |
| 11/22/2021 11/22/21 | For Sale | $5,898,000 | -- | $945 / 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 | $34,780 | $5,312,000 | $3,783,000 | $1,529,000 |
| 2023 | $34,343 | $4,989,000 | $3,569,000 | $1,420,000 |
| 2022 | $42,345 | $7,897,000 | $4,015,000 | $3,882,000 |
| 2021 | $36,635 | $5,752,000 | $3,305,000 | $2,447,000 |
| 2020 | $37,045 | $4,578,000 | $3,148,000 | $1,430,000 |
| 2018 | $34,800 | $4,461,000 | $2,798,000 | $1,663,000 |
| 2017 | $29,278 | $4,143,000 | $2,530,000 | $1,613,000 |
| 2016 | $27,126 | $3,729,000 | $2,313,000 | $1,416,000 |
| 2015 | $26,131 | $3,246,000 | $2,094,000 | $1,152,000 |
| 2014 | -- | $2,988,000 | $1,936,000 | $1,052,000 |
| 2013 | -- | $3,165,000 | $1,510,000 | $1,655,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Randi Weidner
Avenue Properties
(425) 985-9950
1 in this area
53 Total Sales
-
Buyer's Agent in 2022
Lori Holden
John L Scott
(206) 949-5674
7 in this area
101 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1866824
APN: 252404-9166
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.
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
Nearby Homes
- 8112 SE 79th St
- 7934 Lake View Ln
- 8055 W Mercer Way
- 8097 W Mercer Way
- 8246 W Mercer Way
- 8001 W Mercer Way
- 7703 W Mercer Way
- 8281 W Mercer Way
- 7204 78th Ave SE
- 8521 E Mercer Way
- 8526 E Mercer Way
- 8320 Avalon Dr
- 8260 Avalon Dr
- 7236 Holly Hill Dr
- 8066 Avalon Place
- 7922 E Mercer Way
- 7964 E Mercer Way
- 9115 SE 72nd Place
- 7442 92nd Ave SE
- 7436 92nd Ave SE
- 8101 SE 79th St
- 7820 79th Ave SE
- 7895 80th Place SE
- 7950 Lake View Ln
- 7810 79th Ave SE
- 8105 SE 79th St
- 7875 80th Place SE
- 8136 W Mercer Way
- 7942 Lake View Ln
- 8134 W Mercer Way
- 7818 78th Ave SE
- 8109 SE 79th St
- 7855 80th Place SE
- 7808 79th Ave SE
- 7947 Lake View Ln
- 7880 80th Place SE
- 7809 79th Ave SE
- 8106 SE 79th St
- 8132 W Mercer Way
- 7850 80th Place SE