7011 81st Ave SE Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $1,536,000 - $2,594,000
5
Beds
4
Baths
2,090
Sq Ft
$1,046/Sq Ft
Est. Value
About This Home
This home is located at 7011 81st Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,186,485, approximately $1,046 per square foot. 7011 81st Ave SE is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2020
Sold by
Grady Michael T and Babcock Elizabeth L
Bought by
Grady Michael and Michael Grady Trust
Current Estimated Value
Purchase Details
Closed on
Jan 12, 1999
Sold by
Davis David D
Bought by
Crady Michael T and Babcock Elizabeth L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$82,859
Interest Rate
7%
Estimated Equity
$2,103,626
Purchase Details
Closed on
Dec 9, 1993
Sold by
Davis David D and Davis Betty Clare
Bought by
Davis David D and Davis Betty Clare
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.61%
Purchase Details
Closed on
Oct 25, 1993
Sold by
Davis David D and Davis Betty Clare
Bought by
Davis David D and Davis Betty Clare
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.61%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grady Michael | -- | None Available | |
| Babcock Elizabeth L | -- | None Available | |
| Crady Michael T | $439,500 | Transnation Title Insurance | |
| Davis David D | -- | Chicago Title Insurance Co | |
| Davis David D | -- | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Crady Michael T | $350,000 | |
| Previous Owner | Davis David D | $30,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,798 | $1,800,000 | $1,273,000 | $527,000 |
| 2023 | $11,653 | $1,691,000 | $1,201,000 | $490,000 |
| 2022 | $10,423 | $1,892,000 | $1,352,000 | $540,000 |
| 2021 | $10,008 | $1,414,000 | $1,113,000 | $301,000 |
| 2020 | $9,734 | $1,249,000 | $1,060,000 | $189,000 |
| 2018 | $9,447 | $1,205,000 | $902,000 | $303,000 |
| 2017 | $7,984 | $1,088,000 | $816,000 | $272,000 |
| 2016 | $7,430 | $980,000 | $746,000 | $234,000 |
| 2015 | $7,163 | $888,000 | $676,000 | $212,000 |
| 2014 | -- | $818,000 | $625,000 | $193,000 |
| 2013 | -- | $674,000 | $534,000 | $140,000 |
Source: Public Records
Map
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