7151 87th Ave SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated 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
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%
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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