One of the original "homestead" properties of the island in beautiful setting with water views. Many potential options for customizing, starting over or possible development of the 21,000sf + lot. This home has architectural features of the mid century with exposed beam ceilings, large floor to ceiling windows and slate entry. Effective year built is 1954. Periodic renovations and updates since original construction in 1941. Additional dwelling (DADU) is freshly renovated-- a studs out beauty. Site improvements have been made and system updates in main home with new furnace, new appliances, updated bath and more. Plenty of bedrooms for work at home and guests. Fabulous layout for entertaining inside and out. Call your Broker for a showing!
Sold
Listed by: Lake & Company • Debbie Jefferson
Bought with: Windermere Mercer Island
$2,500,000
7425 E Mercer Way, Mercer Island, WA 98040
6beds
3,590sqft
Single Family Residence
Built in 1941
0.49 Acres Lot
$2,395,900 Zestimate®
$696/sqft
$7,370 Estimated rent
Home value
$2,395,900
$2.18M - $2.61M
$7,370/mo
Zestimate® history
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$7,370/mo
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$7,370/mo
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$15,126/mo
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List your homeWhat's special
Water viewsExposed beam ceilingsPlenty of bedroomsSlate entry
Zillow last checked:
Listing updated:
Offers reviewed: Feb 12
Listed by:
Debbie Jefferson,
Lake & Company
Bought with:
Charles Sirianni, 26221
Windermere Mercer Island
Erin Sirianni, 119447
Windermere Mercer Island
Source: NWMLS as distributed by MLS GRID,MLS#: 2326054
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Gas
Features
- Dining Room
- Flooring: Slate, Vinyl, Carpet
- Windows: Skylight(s)
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Main Level: 2, Fireplace
Interior area
- Total structure area: 3,590
- Total interior livable area: 3,590 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Entry location: Main
- Patio & porch: Dining Room, Fireplace, Skylight(s), Wall to Wall Carpet, Water Heater
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.49 Acres
- Features: Value In Land, Cable TV, Outbuildings, Patio
- Topography: Partial Slope,Terraces
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 2579500150
- Zoning: R 9-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete, Slab
- Roof: Composition
Condition
- Average
- Year built: 1941
- Major remodel year: 1954
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City
- Water: Public, Company: City
Community & HOA
Community
- Subdivision: South End
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $696/sqft
- Tax assessed value: $2,030,000
- Annual tax amount: $11,680
- Offers reviewed: 02/12/2025
- Date on market: 4/13/2025
- Cumulative days on market: 465 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2025 | Sold | $2,500,000-9.8%$696/sqft |
Source:  NWMLS as distributed by MLS GRID #2326054 Report a problem | ||
| 2/13/2025 | Pending sale | $2,770,500$772/sqft |
Source: NWMLS as distributed by MLS GRID #2326054 Report a problem | ||
| 2/7/2025 | Listed for sale | $2,770,500+73.2%$772/sqft |
Source: NWMLS as distributed by MLS GRID #2326054 Report a problem | ||
| 1/19/2021 | Sold | $1,600,000$446/sqft |
Source: NWMLS as distributed by MLS GRID #1694179 Report a problem | ||
| 12/15/2020 | Pending sale | $1,600,000$446/sqft |
Source: NWMLS as distributed by MLS GRID #1694179 Report a problem | ||
| 12/8/2020 | Listed for sale | $1,600,000$446/sqft |
Source: COMPASS #1694179 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,239 +14% | $2,030,000 +14.6% |
| 2024 | $11,609 -0.6% | $1,771,000 +4.5% |
| 2023 | $11,680 +0.4% | $1,695,000 -10.6% |
| 2022 | $11,640 +11.4% | $1,896,000 +33.8% |
| 2021 | $10,445 -0.1% | $1,417,000 +8.6% |
| 2020 | $10,456 -7.3% | $1,305,000 -8.5% |
| 2019 | $11,273 +7.4% | $1,426,000 +2.1% |
| 2018 | $10,498 -4% | $1,396,000 +10.8% |
| 2017 | $10,938 +32.1% | $1,260,000 +11.1% |
| 2016 | $8,282 | $1,134,000 +10.4% |
| 2015 | $8,282 | $1,027,000 +8.6% |
| 2014 | $8,282 | $946,000 +5.8% |
| 2013 | $8,282 | $894,000 +8.4% |
| 2012 | -- | $825,000 +1.2% |
| 2011 | -- | $815,000 -7.3% |
| 2010 | -- | $879,000 |
| 2009 | -- | $879,000 +15.5% |
| 2007 | -- | $761,000 +7.8% |
| 2006 | -- | $706,000 +9.8% |
| 2005 | -- | $643,000 +18.4% |
| 2001 | $5,193 0% | $543,000 +10.4% |
| 2000 | $5,195 | $492,000 |
Find assessor info on the county website
Neighborhood: 98040
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Nearby schools
GreatSchools rating
- 9/10Lakeridge Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$2,395,900
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Estimated market value
$2,395,900
- Washington
- King County
- Mercer Island
- 98040
- 7425 E Mercer Way
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