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7102 Southeast 29th Street

7102 Southeast 29th Street, Mercer Island, WA 98040
Property in King
Sold Jan 31, 2017
$3,400,000
$2,720,000 by Tcdf Llc
Mortgage
Sold Apr 15, 2015
$1,100,000
$700,000 by Northwest Bank
Mortgage
7102 Southeast 29th Street in Mercer Island, WA was first built in 2016 and is 8 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 6 partial bathrooms. 7102 Southeast 29th Street has 5,710 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,140 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 12,600 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7102 Southeast 29th Street sold most recently in Jan 27, 2017 for a total of $3,400,000. If you work out the math, that's approximately a cost of $576.27 per sqft. Before that, the property was also sold for $1,100,000 in Apr 7, 2015. 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 $25,811 in taxes each year. 7102 Southeast 29th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,749,000. If we break it down further, the land itself was valued at $1,247,000. Improvements to the property, however, were assessed at a total of $2,502,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,140
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,600
  • Total Building Area: 5,900
  • Gross Building Area: 5,900
  • Building Area: 5,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 5,710
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EAST SEATTLE ADD
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAST SEATTLE ADD LOT 1 THRU 3 & S 6 FT LOT 4 BLK 9 & LOT 1 BLK 10 TGW POR VAC ST ADJ LESS ST

Ownership

  • Current Owner : HEDBERG STEVEN M
  • Current Owner 2: HEDBERG MARY P
  • Previous Owner : ROUSSO MARC
  • Previous Owner 2: ROUSSO LESLIE
  • Owner Before Previous Owner: WHITAKER WILLIAM E
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-8.4

Geography

  • Account Number: 217450209101
  • District: MERCER ISLAN
  • Parcel: 217450-2091
  • Block: 9
  • Lot: 1-4
  • Meridian: SEC 12 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5846
  • Longitude: -122.244

    Address

  • Full Address: 7102 Se 29th St
  • Address - House Number: 7102
  • Street Direction: SE
  • Address - Street Name: 29th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C001
  • 4-Digit Zip Code: 2652
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $25,811
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.4174
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 16
  • Final Value: 3,647,666
  • High Value: 5,170,316
  • Low Value: 2,125,015

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,396,000
  • First Open Lien Mortgage Lender: TCDF LLC
  • First Open Lien Mortgage Recording Date: Jan 31, 2017
  • First Open Lien Mortgage Loan Amount: $2,720,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Nov 15, 2019
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $676,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $3,749,000
  • Market Land Value: $1,247,000
  • Market Improvement Value: $2,502,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,749,000
  • Assessed Land Value: $1,247,000
  • Assessed Improvements Value: $2,502,000

    Sales

  • Current Sale Contract Date: Jan 27, 2017
  • Current Sale Recording Date: Jan 31, 2017
  • Current Sale Transaction ID: 1945709254
  • Current Sale Price: $3,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170131001727
  • Previous Sale Recording Date: Apr 15, 2015
  • Previous Sale Contract Date: Apr 07, 2015
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TCDF LLC
  • First Mortgage Transaction Date: Jan 31, 2017
  • First Mortgage Loan Amount: $2,720,000

    Previous Mortgages

  • Previous Mortgage Lender: NORTHWEST BANK
  • Previous Mortgage Transaction Date: Apr 15, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $700,000

About Mercer Island



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Frequently Asked Questions

What neighborhood is 7102 Southeast 29th Street located in?
The 7102 Southeast 29th Street is a located in the neighborhood of King in Mercer Island, Mercer Island.
What is the average sales price for listings in 7102 Southeast 29th Street?
The average sales price for units in 7102 Southeast 29th Street is $0 currently.

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