NOT LISTED FOR SALE

7060 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,212,706 - $2,568,000

4 Beds
3 Baths
2,250 Sq Ft
$1,072/Sq Ft Est. Value

About This Home

This home is located at 7060 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,412,677, approximately $1,072 per square foot. 7060 W Mercer Way 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
May 3, 2005
Sold by
Stevens Mark W and Stevens Susan J
Bought by
Shield Alan Edward and Tang Hong
Current Estimated Value
$2,412,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$237,340
Interest Rate
6.02%
Estimated Equity
$2,175,337

Purchase Details

Closed on
Apr 11, 2001
Sold by
Burke Martin J and Burke Sheila T
Bought by
Stevens Mark W and Stevens Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
7.25%
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.

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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
Shield Alan Edward $940,000 Transnation Ti
Stevens Mark W $725,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shield Alan Edward $450,000
Previous Owner Stevens Mark W $580,000
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 $12,237 $1,867,000 $1,255,000 $612,000
2023 $12,313 $1,787,000 $1,184,000 $603,000
2022 $11,011 $1,999,000 $1,332,000 $667,000
2021 $11,039 $1,494,000 $1,097,000 $397,000
2020 $10,571 $1,378,000 $1,045,000 $333,000
2018 $10,253 $1,309,000 $843,000 $466,000
2017 $8,659 $1,181,000 $763,000 $418,000
2016 $8,057 $1,063,000 $698,000 $365,000
2015 $7,766 $963,000 $632,000 $331,000
2014 -- $887,000 $585,000 $302,000
2013 -- $770,000 $503,000 $267,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7060 W Mercer Way, Mercer Island, WA

Not Listed for Sale

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