NOT LISTED FOR SALE

7960 Island Crest Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $2,274,000 - $2,433,000

3 Beds
2 Baths
1,810 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $990,000 $547 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $14,492/month

About This Home

As of September 2014

Custom designed Ralph Anderson gem created w/ streamlined living in mind. Superb views of Lake Washington/Mt. Rainier are available from every room. The gourmet kitchen is the heart of the home & overlooks the living/dining rooms. Main floor master with spa-like bath and private deck complete the first floor. Downstairs has two more view bedrooms and a bonus room with a view that is perfect for a home office, gym, media center or craft room. View, privacy and attention to detail!

Last Listed By

Nicole Demers-Changelo

& Real Estate License #26513 Listed on: 08/04/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM669746

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$16,255

Year Built

1983

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 1810
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Basement: Fully Finished
  • Features: Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Jetted Tub, Skylights, Walk-in Closet
  • Fireplaces: 1
  • Floor: Hardwood
  • Sq Ft Unfinished: 400
  • Water Heater Location: Basement-Gas

Exterior Features

  • Roof: Torch Down
  • Exterior: Wood
  • Lot Details: Dead End Street, Secluded
  • Roof: Torch Down
  • Site Features: Cable TV, Deck, Natural Gas Available, High Speed Internet, Sprinkler System
  • View: Lake, Mountain, Territorial
  • Lot Topography: Garden Space, Level, Steep Slope

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Sewer: Connected
  • Water Source: Public

Schools

  • School District: MIS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Sep 9, 2014
Sold by
Olson Barry P and Olson Suzanne C
Bought by
Raphaely Doron E and Raphaely Dana H
Seller's Agent
Nicole Demers-Changelo
& Real Estate
Buyer's Agent
Tony Salvata
John L. Scott, Inc.
List Price
$1,000,000
Sold Price
$990,000
Premium/Discount to List
-$10,000
-1%
Total Days on Market
0
Current Estimated Value
$2,369,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,379,668
Avg. Annual Appreciation
9.43%
Original Mortgage
$750,000
Outstanding Balance
$562,074
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,022,419

Purchase Details

Closed on
Nov 22, 2010
Sold by
7960 Island Crest Llc
Bought by
Olson Barry P and Olson Suzanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Ward Steven Lindsey and Ward Bruce Michael
Bought by
7960 Island Crest Llc

Purchase Details

Closed on
Jul 29, 2007
Sold by
Ward Steven Lindsey and Ward Bruce Michael
Bought by
Ward Steven Lindsey and Ward Bruce Michael

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
Raphaely Doron E $990,000 Cw Title Co
Olson Barry P $814,400 Fidelity Natio
7960 Island Crest Llc -- None Available
Ward Steven Lindsey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raphaely Doron E $750,000
Previous Owner Olson Barry P $567,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $990,000 -1.0% $547 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $1,000,000 -- $552 / 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 $16,255 $2,481,000 $1,957,000 $524,000
2023 $16,049 $2,330,000 $1,847,000 $483,000
2022 $14,352 $2,606,000 $2,078,000 $528,000
2021 $13,775 $1,948,000 $1,711,000 $237,000
2020 $11,731 $1,720,000 $1,630,000 $90,000
2018 $11,380 $1,453,000 $1,382,000 $71,000
2017 $9,610 $1,311,000 $1,250,000 $61,000
2016 $8,942 $1,180,000 $1,143,000 $37,000
2015 $8,614 $1,069,000 $1,035,000 $34,000
2014 -- $984,000 $957,000 $27,000
2013 -- $968,000 $786,000 $182,000
Source: Public Records

Agents Affiliated with this Home

  • Nicole Demers-Changelo

    Seller's Agent in 2014

    Nicole Demers-Changelo

    & Real Estate

    (206) 271-1267

    Section Image
  • Kathryn Lerner

    Seller Co-Listing Agent in 2014

    Kathryn Lerner

    Windermere Corporate

    (206) 406-9613

    22 Total Sales

    Kathryn Lerner
    Section Image

  • T

    Buyer's Agent in 2014

    Tony Salvata

    John L Scott

    (206) 915-8672

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM669746

Northwest Multiple Listing Service (NWMLS)

APN: 302405-9044

Washington King County Mercer Island 98040 Tarywood

7960 Island Crest Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7960 Island Crest Way, Mercer Island, WA 98040 since 04 August 2014 and is currently estimated at $2,369,668, approximately $1,309 per square foot. This property was built in 1983. 7960 Island Crest 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.

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