NOT LISTED FOR SALE

Estimated Value: $1,791,000 - $2,223,000

3 Beds
2 Baths
2,340 Sq Ft
$881/Sq Ft Est. Value

About This Home

This home is located at 7151 87th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,062,336, approximately $881 per square foot. 7151 87th 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
Aug 21, 2002
Sold by
Hyun Suk and Hyun Myong Hee
Bought by
Chan Desmond Cheuk Wing and Chan Fung Yee
Current Estimated Value
$2,062,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
6.52%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Zetin Morris M
Bought by
Hyun Suk and Hyun Myong Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
6.86%
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
Chan Desmond Cheuk Wing $479,990 Old Republic Title Ltd
Hyun Suk $385,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Desmond Cheuk Wing $235,000
Closed Chan Desmond C $100,000
Closed Chan Desmond Cheuk Wing $361,000
Closed Chan Desmond Cheun Wing $370,000
Closed Chan Desmond Cheuk Wing $400,000
Closed Chan Desmond Cheuk Wing $383,000
Previous Owner Hyun Suk $269,500
Closed Chan Desmond Cheuk Wing $48,000
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 $10,784 $1,645,000 $1,200,000 $445,000
2023 $10,610 $1,545,000 $1,133,000 $412,000
2022 $9,525 $1,728,000 $1,275,000 $453,000
2021 $9,144 $1,292,000 $1,050,000 $242,000
2020 $8,960 $1,141,000 $1,000,000 $141,000
2018 $8,692 $1,109,000 $867,000 $242,000
2017 $7,341 $1,001,000 $784,000 $217,000
2016 $6,829 $901,000 $717,000 $184,000
2015 $6,586 $816,000 $649,000 $167,000
2014 -- $752,000 $600,000 $152,000
2013 -- $650,000 $515,000 $135,000
Source: Public Records

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