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2227 77th Avenue Southeast

2227 77th Avenue Southeast, Mercer Island, WA 98040
Property in Beaumont
Sold Oct 16, 2014
$1,999,990
$2,082,000 by East West Bank
Mortgage Due Jun 01, 2052
Sold Nov 14, 2012
$857,700
$950,000 by Dayhu Capital Us Llc
Mortgage
2227 77th Avenue Southeast has been categorized by the local assessors in Mercer Island, WA as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 5 bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2227 77th Avenue Southeast has 5,100 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,630 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 18,239 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 730 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2227 77th Avenue Southeast sold most recently in Oct 1, 2014 for a total of $1,999,990. If you work out the math, that's approximately a cost of $343.05 per sqft. Before that, the property was also sold for $857,700 in Nov 9, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $22,605 in taxes each year. 2227 77th Avenue Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,283,000. If we break it down further, the land itself was valued at $1,261,000. Improvements to the property, however, were assessed at a total of $2,022,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,630
  • Garage Type: Attached
  • Garage Square Area: 730
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 18,239
  • Total Building Area: 5,830
  • Gross Building Area: 5,830
  • Building Area: 5,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 5,100
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MC GILVRAS ISLAND ADD
  • Land Acres: 0.419
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCGILVRAS ISLAND ADD LOT A MERCER ISLAND SP# SUB12-003 REC #20131106900002 SD SP DAF -LOT A M.I. SP # 76-5-014 REC #7606030486 BEING POR LOTS 10 & 11 SD BLK 24

Ownership

  • Current Owner : LIU WEI
  • Current Owner 2: MA CHUN YAN
  • Previous Owner : JAYMARC MAISON LLC
  • Owner Before Previous Owner: DAVIS JEAN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mercer Island School District
  • Census Tract: 024302

Zoning

  • Zoning: R-8.4

Geography

  • Account Number: 531510193505
  • District: MERCER ISLAN
  • Parcel: 531510-1935
  • Block: 24
  • Lot: A
  • Meridian: SEC 01 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5905
  • Longitude: -122.236

    Address

  • Full Address: 2227 77th Ave Se
  • Address - House Number: 2227
  • Street Segment Direction: SE
  • Address - Street Name: 77th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C021
  • 4-Digit Zip Code: 2122
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $22,605
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.1131
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 88
  • Final Value: 3,689,218
  • High Value: 4,106,480
  • Low Value: 3,271,956

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,082,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: May 25, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,082,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $3,283,000
  • Market Land Value: $1,261,000
  • Market Improvement Value: $2,022,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,283,000
  • Assessed Land Value: $1,261,000
  • Assessed Improvements Value: $2,022,000

    Sales

  • Current Sale Contract Date: Oct 01, 2014
  • Current Sale Recording Date: Oct 16, 2014
  • Current Sale Transaction ID: 1016021506
  • Current Sale Price: $1,999,990
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20141016001108
  • Previous Sale Recording Date: Nov 14, 2012
  • Previous Sale Contract Date: Nov 09, 2012
  • Previous Sale Amount: $857,700
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: DAYHU CAPITAL US LLC
  • Previous Mortgage Transaction Date: Nov 14, 2012
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $950,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Beaumont



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Nearby Rentals

Unit for rent at 2758 78th Ave Se, Mercer Island, WA, 98040

$4,577 /mo

  • 2 Beds
  • 2 Baths
  • 1,542 ft²
2758 78th Ave Se #PH6, Mercer Island, WA, 98040 Listing by Island Square

Frequently Asked Questions

What neighborhood is 2227 77th Avenue Southeast located in?
The 2227 77th Avenue Southeast is a located in the neighborhood of Beaumont in Beaumont, Mercer Island.
What is the average sales price for listings in 2227 77th Avenue Southeast?
The average sales price for units in 2227 77th Avenue Southeast is $0 currently.

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