NOT LISTED FOR SALE

2416 70th Ave SE Mercer Island, WA 98040

First Hill Neighborhood

Estimated Value: $2,911,000 - $3,353,000

4 Beds
3 Baths
3,900 Sq Ft
$813/Sq Ft Est. Value

About This Home

This home is located at 2416 70th Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,171,721, approximately $813 per square foot. 2416 70th Ave SE is a home located in King County with nearby schools including West Mercer Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2010
Sold by
Carmichael Robert L and Carmichael Jennifer
Bought by
Wang George T and Wang Carolyn L
Current Estimated Value
$3,171,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2006
Sold by
Schreck Michael J and Schreck Andrea
Bought by
Carmichael Robert L and Carmichael Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 31, 2004
Sold by
Schreck Andrea
Bought by
Schreck Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Wilson Margaret J
Bought by
Schreck Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 1998
Sold by
Palla Thomas A and Palla Patricia J
Bought by
Wilson Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.06%

Purchase Details

Closed on
Nov 27, 1996
Sold by
Wah Pik Yu
Bought by
Palla Thomas A and Palla Patricia J

Purchase Details

Closed on
Sep 23, 1994
Sold by
Mayes Steven C and Mayes Amy E
Bought by
Wah Pik Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.58%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Wang George T $1,300,000 Fidelity National Title
Carmichael Robert L $795,000 Fidelity Natio
Schreck Michael J -- Fidelity Natio
Schreck Michael J -- Fidelity Natio
Schreck Michael J $450,000 Fidelity Natio
Wilson Margaret J $280,000 Chicago Title Insurance Co
Palla Thomas A $250,000 --
Wah Pik Yu $205,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang George T $864,000
Closed Wang George T $900,000
Closed Wang George T $930,000
Closed Wang George T $975,000
Previous Owner Carmichael Robert L $900,000
Previous Owner Carmichael Robert L $250,000
Previous Owner Carmichael Robert L $1,440,000
Previous Owner Schreck Michael J $75,000
Previous Owner Schreck Michael J $333,700
Previous Owner Wilson Margaret J $224,000
Previous Owner Wah Pik Yu $80,000
Closed Schreck Michael J $26,300
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 $16,209 $2,474,000 $1,212,000 $1,262,000
2023 $16,008 $2,324,000 $1,144,000 $1,180,000
2022 $14,315 $2,599,000 $1,287,000 $1,312,000
2021 $13,743 $1,943,000 $1,060,000 $883,000
2020 $14,951 $1,716,000 $1,010,000 $706,000
2018 $14,502 $1,852,000 $794,000 $1,058,000
2017 $12,660 $1,671,000 $718,000 $953,000
2016 $11,782 $1,555,000 $657,000 $898,000
2015 -- $1,409,000 $595,000 $814,000
2014 -- $1,297,000 $550,000 $747,000
2013 -- $1,319,000 $538,000 $781,000
Source: Public Records

Map

Washington King County Mercer Island 98040 First Hill

2416 70th Ave SE, Mercer Island, WA

This home is located at 2416 70th Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,171,721, approximately $813 per square foot. 2416 70th Ave SE is a home located in King County with nearby schools including West Mercer Elementary School, Islander Middle School, and Mercer Island High School.

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