NOT LISTED FOR SALE

2240 72nd Ave SE Mercer Island, WA 98040

First Hill Neighborhood

Estimated Value: $2,741,808 - $3,291,000

5 Beds
5 Baths
4,000 Sq Ft
$766/Sq Ft Est. Value

About This Home

This home is located at 2240 72nd Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,062,952, approximately $765 per square foot. 2240 72nd 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
Jun 3, 2015
Sold by
King Matthew M
Bought by
King Matthew M and King Stephanie B
Current Estimated Value
$3,062,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Outstanding Balance
$1,024,646
Interest Rate
3.64%
Estimated Equity
$1,826,410

Purchase Details

Closed on
Jul 10, 2012
Sold by
King Matthew M and Gripman Monica T
Bought by
King Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,213
Interest Rate
3.59%

Purchase Details

Closed on
Nov 1, 2001
Sold by
Gripman Monica T
Bought by
King Matthew M and Gripman Monica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.73%

Purchase Details

Closed on
Apr 1, 1996
Sold by
King Gordon D and Diane King J
Bought by
Gripman Monica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.84%

Purchase Details

Closed on
May 15, 1992
Sold by
Park Robert G and Kimberly Ann
Bought by
King Gordon D and King Diane J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
King Matthew M -- Chicago Title
King Matthew M $246,213 None Available
King Matthew M -- First American Title Ins Co
Gripman Monica T $200,000 Evergreen Title Co
King Gordon D $203,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Matthew M $1,295,000
Previous Owner King Matthew M $246,213
Previous Owner King Matthew M $1,000,000
Previous Owner King Matthew M $100,000
Previous Owner King Matthew M $200,000
Previous Owner King Matthew M $800,000
Previous Owner King Matthew M $425,000
Previous Owner Gripman Monica T $50,000
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 $13,879 $2,118,000 $1,217,000 $901,000
2023 $13,656 $1,989,000 $1,149,000 $840,000
2022 $12,255 $2,225,000 $1,293,000 $932,000
2021 $11,767 $1,663,000 $1,065,000 $598,000
2020 $12,844 $1,469,000 $1,015,000 $454,000
2018 $12,603 $1,591,000 $794,000 $797,000
2017 $10,822 $1,452,000 $718,000 $734,000
2016 $10,070 $1,329,000 $657,000 $672,000
2015 $9,742 $1,204,000 $595,000 $609,000
2014 -- $1,113,000 $550,000 $563,000
2013 -- $897,000 $538,000 $359,000
Source: Public Records

Map

Washington King County Mercer Island 98040 First Hill

2240 72nd Ave SE, Mercer Island, WA

This home is located at 2240 72nd Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,062,952, approximately $765 per square foot. 2240 72nd 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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