NOT LISTED FOR SALE

7964 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $5,671,000 - $8,165,416

4 Beds
3 Baths
4,632 Sq Ft
$1,600/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $5,800,000 $1,252 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $45,664/month

92 Days on Market

Highlights

  • Docks
  • Lake View
  • Wood Flooring
  • Lakeridge Elementary School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of September 2016

Close in & yet a world away on Mercer Island’s Waters Edge sits a residence masterfully conceived in 2013 by SKB Architects. Tucked at the end of a private lane and with 180 degree views of Lake Washington and Mount Rainier this Modern Beach house sits on a level 1/2 acre with 168 feet of no bank waterfront & deep water moorage. Crafted of concrete & hand selected Douglas Fir beams, the floor to ceiling windows open to bring the outdoors in while the broad deck & lawn flow to the water’s edge.

Last Listed By

Scott Richards

Windermere Real Estate/East License #17884 Listed on: 05/23/2016

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM941283

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,817

Year Built

  • Built in 2013

Lot Details

  • Street terminates at a dead end
  • Steep Slope
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 3024059071

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,817

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: Dyna
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Concrete, Hardwood
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Upper
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4632

Exterior Features

  • Exterior: Cement/Concrete, Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Lake, Mountain, Territorial
  • Waterfront: Lake
  • Waterfront Frontage: 168

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Central A/C, Radiant, 90%+ High Efficiency
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Mercer Island Water
  • Water Company: Mercer Island Water
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Project: Kings Cove

Schools

  • Elementary School: Lakeridge Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 22058
  • Lot Topography Vegetation: Garden Space, Partial Slope, Steep Slope
  • Parcel Number: 3024059071
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Partial Slope, Steep Slope

Tax Info

  • Tax Amount: 48259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 19, 2016
Sold by
Gibbons R Thomas and Gibbons Susan K
Bought by
7964 E Mercer Way Llc
Seller's Agent
Scott Richards
Windermere Real Estate/East
Buyer's Agent
Sudi Tabatabai
Windermere Real Estate/East
List Price
$6,388,880
Sold Price
$5,800,000
Premium/Discount to List
-$588,880
-9.22%
Total Days on Market
92
Current Estimated Value
$7,412,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,612,604
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Jun 22, 2007
Sold by
King David G and King Karen B
Bought by
Gibbons Ii R Thomas and Gibbons Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
7964 E Mercer Way Llc $5,800,000 Chicago Title
Gibbons Ii R Thomas -- Transnation Ti
Gibbons Ii R Thomas $2,978,500 Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7964 E Mercer Way Llc $3,000,000
Previous Owner Gibbons Ii R Thomas $990,000
Previous Owner Gibbons Ii R Thomas $1,420,000
Previous Owner Gibbons Ii R Thomas $1,415,000
Previous Owner Gibbons Ii R Thomas $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $5,800,000 -9.2% $1,252 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $6,388,880 -- $1,379 / 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 $54,817 $8,374,000 $4,455,000 $3,919,000
2023 $53,924 $7,864,000 $4,203,000 $3,661,000
2022 $48,386 $8,795,000 $4,728,000 $4,067,000
2021 $46,441 $6,573,000 $3,892,000 $2,681,000
2020 $56,834 $5,804,000 $3,707,000 $2,097,000
2018 $61,845 $7,403,000 $3,975,000 $3,428,000
2017 $51,889 $7,531,000 $3,823,000 $3,708,000
2016 $48,259 $6,378,000 $3,495,000 $2,883,000
2015 $46,489 $5,776,000 $3,163,000 $2,613,000
2014 -- $5,317,000 $2,924,000 $2,393,000
2013 -- $4,383,000 $2,146,000 $2,237,000
Source: Public Records

Agents Affiliated with this Home

  • Scott Richards

    Seller's Agent in 2016

    Scott Richards

    Windermere Corporate

    (208) 622-2700

    1 in this area

    89 Total Sales

    Scott Richards
    Section Image
  • Sudi Tabatabai

    Buyer's Agent in 2016

    Sudi Tabatabai

    Windermere Corporate

    (206) 420-7854

    4 Total Sales

    Sudi Tabatabai
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM941283

Northwest Multiple Listing Service (NWMLS)

APN: 302405-9071

Washington King County Mercer Island 98040 Tarywood

7964 E Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7964 E Mercer Way, Mercer Island, WA 98040 since 23 May 2016 and is currently estimated at $7,412,604, approximately $1,600 per square foot. This property was built in 2013. 7964 E Mercer 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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