NOT LISTED FOR SALE

2271 78th Ave SE Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $2,834,392 - $3,357,000

4 Beds
4 Baths
3,620 Sq Ft
$853/Sq Ft Est. Value

About This Home

This home is located at 2271 78th Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,087,098, approximately $852 per square foot. 2271 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
Aug 6, 2010
Sold by
Margolin Stephen M and Margolin Michelle R
Bought by
Margolin Stephen M and Margolin Michelle R
Current Estimated Value
$3,087,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1998
Sold by
Margolin Stephen M and Margolin Michelle R
Bought by
Margolin Stephen M and Margolin Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.84%

Purchase Details

Closed on
Nov 19, 1998
Sold by
Aspen Development
Bought by
Margolin Stephen M and Margolin Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.84%

Purchase Details

Closed on
Jul 9, 1997
Sold by
Lazdins Aleksanders and Lazdins Mirdza
Bought by
Aspen Development Corp
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

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Margolin Stephen M -- First American
Margolin Stephen M -- Transnation Title Insurance
Margolin Stephen M $749,000 Transnation Title Insurance
Aspen Development Corp $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolin Stephen M $343,400
Closed Margolin Stephen M $405,000
Closed Margolin Stephen M $417,000
Closed Margolin Stephen M $550,000
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 $15,862 $2,421,000 $1,188,000 $1,233,000
2023 $15,605 $2,274,000 $1,121,000 $1,153,000
2022 $14,006 $2,543,000 $1,262,000 $1,281,000
2021 $13,447 $1,901,000 $1,039,000 $862,000
2020 $13,104 $1,679,000 $990,000 $689,000
2018 $12,715 $1,623,000 $794,000 $829,000
2017 $11,099 $1,465,000 $718,000 $747,000
2016 $10,328 $1,363,000 $657,000 $706,000
2015 $9,951 $1,235,000 $595,000 $640,000
2014 -- $1,137,000 $550,000 $587,000
2013 -- $964,000 $538,000 $426,000
Source: Public Records

Map

Washington King County Mercer Island 98040 North Mercer

2271 78th Ave SE, Mercer Island, WA

This home is located at 2271 78th Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,087,098, approximately $852 per square foot. 2271 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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