L
Seller's Agent in 2022
Loren Ellingson
Redfin
(253) 306-2105
8117 SE 74th Place Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $3,179,000 - $3,455,000
5
Beds
2.5
Baths
3,600
Sq Ft
$925/Sq Ft
Est. Value
Highlights
- Lake Front
- Fruit Trees
- Wood Flooring
- Lakeridge Elementary School Rated A
- Vaulted Ceiling
- 2 Fireplaces
About This Home
As of April 2022Rare find in one of the most sought-after neighborhoods on Mercer Island, The Lakes! Enjoy sun-drenched water views & watch ducks float by from your personal estate directly on the lake! Beautifully maintained 5 bedroom, 2.5 bath gem with bonus space option offers tranquility & loads of natural light throughout the expansive floorplan. Fall in love with the gleaming hardwood floors & kitchen with Wolf range, stainless Miele appliances, granite counters & convenience of main floor den/office. Cozy up around the fireplaces, or enjoy central A/C! Exterior features a back patio, whole house generator, .327 acre lot & 3 car garage. Minutes from parks, shopping, & restaurants & just blocks from schools. You truly can have it all, welcome home!
Last Listed By
Loren Ellingson
Redfin License #79682 Listed on: 03/24/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1905424
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,983
Year Built
- Built in 1987
Lot Details
- 0.33 Acre Lot
- Lake Front
- Cul-De-Sac
- Brush Vegetation
- Level Lot
- Sprinkler System
- Fruit Trees
- Garden
HOA Fees
- $104 Monthly HOA Fees
Home Design
- Shake Roof
- Wood Composite
Interior Spaces
- 3,600 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- 2 Fireplaces
- Dining Room
- Lake Views
- Home Security System
Kitchen
- Walk-In Pantry
- Double Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Driveway
Outdoor Features
- Patio
Utilities
- Central Air
- Generator Hookup
- High Speed Internet
- Cable TV Available
Community Details
- The Lakes HOA
- Mercer Island Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 4141000270
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2022
Closed on
Apr 14, 2022
Sold by
Weitz Brad J and Weitz Kimberly T
Bought by
Liao Ying and Zhang Yue
Seller's Agent
Loren Ellingson
Redfin
Buyer's Agent
Robert Yang
Coldwell Banker Bain
List Price
$2,850,000
Sold Price
$3,520,000
Premium/Discount to List
$670,000
23.51%
Total Days on Market
1
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
-$191,282
Avg. Annual Appreciation
-2.34%
Original Mortgage
$2,640,000
Outstanding Balance
$2,482,703
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$794,827
Purchase Details
Listed on
Apr 13, 2015
Closed on
Jul 9, 2015
Sold by
Alterman Kenneth W and Alterman Jennifer S
Bought by
Weitz Brad J and Weitz Kimberly T
Seller's Agent
Lou Glatz
John L. Scott, Inc.
Buyer's Agent
Michael Fleming
Windermere Mercer Island
List Price
$1,595,000
Sold Price
$1,495,000
Premium/Discount to List
-$100,000
-6.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$1,193,200
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 1995
Sold by
Liaw Fwo Tzor and Liaw Lai Su Shen
Bought by
Alterman Kenneth W and Alterman Jennifer S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.25%
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 |
|---|---|---|---|
| Liao Ying | $3,520,000 | First American Title | |
| Weitz Brad J | $1,491,500 | Fidelity Natio | |
| Alterman Kenneth W | $530,000 | Evergreen Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Liao Ying | $2,640,000 | |
| Closed | Weitz Brad J | $0 | |
| Previous Owner | Weitz Brad J | $1,106,000 | |
| Previous Owner | Weitz Brad J | $1,193,200 | |
| Previous Owner | Alterman Kenneth W | $258,000 | |
| Previous Owner | Alterman Kenneth W | $500,000 | |
| Previous Owner | Alterman Kenneth W | $424,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2022 04/27/22 | Sold | $3,520,000 | +23.5% | $978 / Sq Ft |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- |
| 03/24/2022 03/24/22 | For Sale | $2,850,000 | +90.6% | $792 / Sq Ft |
| 07/16/2015 07/16/15 | Sold | $1,495,000 | -6.3% | $415 / Sq Ft |
| 05/16/2015 05/16/15 | Pending | -- | -- | -- |
| 04/14/2015 04/14/15 | For Sale | $1,595,000 | -- | $443 / 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 | $17,805 | $2,718,000 | $1,410,000 | $1,308,000 |
| 2023 | $17,523 | $2,553,000 | $1,331,000 | $1,222,000 |
| 2022 | $15,611 | $2,856,000 | $1,498,000 | $1,358,000 |
| 2021 | $14,983 | $2,119,000 | $1,233,000 | $886,000 |
| 2020 | $14,636 | $1,871,000 | $1,175,000 | $696,000 |
| 2018 | $12,950 | $1,813,000 | $917,000 | $896,000 |
| 2017 | $11,310 | $1,492,000 | $830,000 | $662,000 |
| 2016 | $10,521 | $1,389,000 | $759,000 | $630,000 |
| 2015 | -- | $1,258,000 | $687,000 | $571,000 |
| 2014 | -- | $1,158,000 | $635,000 | $523,000 |
| 2013 | -- | $1,047,000 | $594,000 | $453,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Robert Yang
Buyer's Agent in 2022
Robert Yang
Coldwell Banker Bain
(425) 761-3189
1 in this area
30 Total Sales
-
Lou Glatz
Seller's Agent in 2015
Lou Glatz
John L Scott
(206) 948-2591
4 in this area
38 Total Sales
-
Lori Holden
Seller Co-Listing Agent in 2015
Lori Holden
John L Scott
(206) 949-5674
7 in this area
99 Total Sales
-
Michael Fleming
Buyer's Agent in 2015
Michael Fleming
Windermere Corporate
(206) 450-1313
3 in this area
84 Total Sales
Map
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1905424
APN: 414100-0270
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.
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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