NOT LISTED FOR SALE

7221 78th Ave SE Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,457,000 - $3,111,000

6 Beds
4 Baths
2,250 Sq Ft
$1,286/Sq Ft Est. Value

About This Home

This home is located at 7221 78th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,893,411, approximately $1,285 per square foot. 7221 78th 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
May 25, 2023
Sold by
Spector Warren J and Spector Jayne R
Bought by
Spector Warren Jeffrey and Spector Warren Jeffrey
Current Estimated Value
$2,893,411

Purchase Details

Closed on
Jun 15, 2000
Sold by
Prudential Residential Svcs Ltd Prtnrshp
Bought by
Spector Warren J and Spector Jayne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,750
Interest Rate
8.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 1999
Sold by
Mcauley R Bruce and Mcauley Karin C
Bought by
Ricklefs Lowell and Buntain Ricklefs Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Spector Warren Jeffrey -- None Listed On Document
Spector Warren J $849,000 First American
Prudential Residential Svcs Ltd Prtnrshp $849,000 First American
Ricklefs Lowell $658,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spector Warren J $550,000
Previous Owner Spector Warren J $550,000
Previous Owner Spector Warren J $580,000
Previous Owner Spector Warren J $600,300
Previous Owner Spector Warren J $610,000
Previous Owner Spector Warren J $330,000
Previous Owner Spector Warren J $630,000
Previous Owner Spector Warren J $650,000
Previous Owner Spector Warren J $636,750
Previous Owner Ricklefs Lowell $300,000
Closed Spector Warren J $127,350
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 $14,278 $2,179,000 $1,162,000 $1,017,000
2023 $14,102 $2,047,000 $1,097,000 $950,000
2022 $11,203 $2,199,000 $1,235,000 $964,000
2021 $10,751 $1,520,000 $1,017,000 $503,000
2020 $11,991 $1,342,000 $969,000 $373,000
2018 $11,632 $1,485,000 $1,083,000 $402,000
2017 $9,822 $1,340,000 $980,000 $360,000
2016 $9,142 $1,206,000 $896,000 $310,000
2015 $8,815 $1,093,000 $811,000 $282,000
2014 -- $1,007,000 $750,000 $257,000
2013 -- $891,000 $594,000 $297,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7221 78th Ave SE, Mercer Island, WA

This home is located at 7221 78th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,893,411, approximately $1,285 per square foot. 7221 78th Ave SE is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

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.

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