NOT LISTED FOR SALE

2203 78th Ave SE Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $2,979,000 - $3,727,000

4 Beds
4 Baths
3,770 Sq Ft
$937/Sq Ft Est. Value

About This Home

This home is located at 2203 78th Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,531,035, approximately $936 per square foot. 2203 78th Ave SE is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2007
Sold by
Mangelaars John J and Mangelaars Katelijne
Bought by
Lee Seungbum and Lee Jong Eun
Current Estimated Value
$3,531,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2004
Sold by
Rkk Construction Inc
Bought by
Mangelaars John J and Mangelaars Katelijne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 11, 2002
Sold by
Mackenzie John L and Mackenzie Phyllis
Bought by
Rkk Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
6.37%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Seungbum $1,850,000 Transnation Ti
Mangelaars John J $1,525,000 Lawyers Title
Rkk Construction Inc $575,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Seungbum $700,000
Closed Lee Seungbum $910,000
Closed Lee Seungbum $1,250,000
Previous Owner Mangelaars John J $355,684
Previous Owner Mangelaars John J $1,000,000
Previous Owner Rkk Construction Inc $1,240,000
Closed Mangelaars John J $350,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $18,865 $2,880,000 $1,182,000 $1,698,000
2023 $18,559 $2,705,000 $1,116,000 $1,589,000
2022 $16,655 $3,025,000 $1,256,000 $1,769,000
2021 $15,991 $2,261,000 $1,034,000 $1,227,000
2020 $15,701 $1,997,000 $985,000 $1,012,000
2018 $15,230 $1,945,000 $794,000 $1,151,000
2017 $13,295 $1,755,000 $718,000 $1,037,000
2016 $12,367 $1,633,000 $657,000 $976,000
2015 $11,918 $1,479,000 $595,000 $884,000
2014 -- $1,362,000 $550,000 $812,000
2013 -- $1,379,000 $577,000 $802,000
Source: Public Records

Map

Washington King County Mercer Island 98040 North Mercer

2203 78th Ave SE, Mercer Island, WA

This home is located at 2203 78th Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,531,035, approximately $936 per square foot. 2203 78th Ave SE is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

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.

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