NOT LISTED FOR SALE

7012 81st Ave SE Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $1,834,000 - $3,063,000

4 Beds
3 Baths
3,180 Sq Ft
$831/Sq Ft Est. Value

About This Home

This home is located at 7012 81st Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,643,426, approximately $831 per square foot. 7012 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
Oct 21, 2008
Sold by
Kerr John F and Kerr Sharon J
Bought by
Wolfe Kenneth and Wolfe Gloria A
Current Estimated Value
$2,643,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$165,310
Interest Rate
6.07%
Mortgage Type
Unknown
Estimated Equity
$2,478,116

Purchase Details

Closed on
Aug 5, 1996
Sold by
Riecks Henry G and Riecks Lois A
Bought by
Kerr John F and Kerr Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.33%

Purchase Details

Closed on
May 6, 1994
Sold by
Riecks Henry G and Riecks Lois A
Bought by
Riecks Henry G and Riecks Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.15%

Purchase Details

Closed on
Mar 25, 1994
Sold by
Riecks Henry G and Riecks Lois A
Bought by
Riecks Henry G and Riecks Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wolfe Kenneth $920,530 Chicago Title
Kerr John F $399,000 Transnation Title Insurance
Riecks Henry G -- --
Riecks Henry G -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Kenneth $200,000
Open Wolfe Kenneth $417,000
Previous Owner Kerr John F $150,000
Previous Owner Riecks Henry G $180,000
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 $14,952 $2,282,000 $1,273,000 $1,009,000
2023 $14,710 $2,143,000 $1,201,000 $942,000
2022 $12,866 $2,397,000 $1,352,000 $1,045,000
2021 $12,351 $1,746,000 $1,113,000 $633,000
2020 $12,323 $1,542,000 $1,060,000 $482,000
2018 $11,248 $1,526,000 $902,000 $624,000
2017 $9,437 $1,377,000 $816,000 $561,000
2016 $8,714 $1,240,000 $746,000 $494,000
2015 $7,845 $1,123,000 $676,000 $447,000
2014 -- $896,000 $625,000 $271,000
2013 -- $891,000 $554,000 $337,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7012 81st Ave SE, Mercer Island, WA

Not Listed for Sale

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.

Nearby Homes