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7040 94th Avenue Southeast

7040 94th Avenue Southeast, Mercer Island, WA 98040
Property in King
Sold Mar 25, 2021
$1,730,000
Sold Mar 25, 2021
$1,730,000
Local assessors in Mercer Island, WA have categorized 7040 94th Avenue Southeast as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 9,886 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7040 94th Avenue Southeast has a total of 2,930 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 560 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 490 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7040 94th Avenue Southeast was last sold in Mar 24, 2021 for $1,730,000. According to our calculations, that's $505.85 per sqft. Prior to that sales transaction, the property was sold for $1,730,000 in Mar 11, 2021. Current property owners are expected to pay $12,375 in taxes per year. The property on 7040 94th Avenue Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,796,000. To break that down further, the land itself was valued at $1,009,000. While improvements to the property were assessed at a total of $787,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 560
  • Garage Type: Attached
  • Garage Square Area: 490
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,886
  • Total Building Area: 3,420
  • Gross Building Area: 3,420
  • Building Area: 2,930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,930
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FLOODS LAKE SIDE TRACTS DIV NO. 05
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FLOODS LAKE SIDE TRS DIV # 5 LESS E 2 FT PLAT BLOCK: 4 PLAT LOT: 14

Ownership

  • Current Owner : HU YUNWEI
  • Current Owner 2: XIE XIANG
  • Previous Owner : DODGE N P
  • Previous Owner 2: TRUST BETWEEN NATIONAL EQUITY
  • Owner Before Previous Owner: RYAN SCOTT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mercer Island School District
  • Census Tract: 024602

Zoning

  • Zoning: R-8.4

Geography

  • Account Number: 258190018006
  • District: MERCER ISLAN
  • Parcel: 258190-0180
  • Block: 4
  • Lot: 14
  • Meridian: SEC 30 TWN 24 RNG 05
  • Municipality: MERCER ISLAND
  • Latitude: 47.5392
  • Longitude: -122.214

    Address

  • Full Address: 7040 94th Ave Se
  • Address - House Number: 7040
  • Street Segment Direction: SE
  • Address - Street Name: 94th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C012
  • 4-Digit Zip Code: 5444
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $12,375
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 2,089,637
  • High Value: 2,391,854
  • Low Value: 1,787,420

    Market Valuation

  • Market Total Value: $1,796,000
  • Market Land Value: $1,009,000
  • Market Improvement Value: $787,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,796,000
  • Assessed Land Value: $1,009,000
  • Assessed Improvements Value: $787,000

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11827325582
  • Current Sale Price: $1,730,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20210325003083
  • Previous Sale Recording Date: Mar 25, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $1,730,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $361,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Mercer Island



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Frequently Asked Questions

What neighborhood is 7040 94th Avenue Southeast located in?
The 7040 94th Avenue Southeast is a located in the neighborhood of King in Mercer Island, Mercer Island.
What is the average sales price for listings in 7040 94th Avenue Southeast?
The average sales price for units in 7040 94th Avenue Southeast is $0 currently.

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