NOT LISTED FOR SALE

7224 78th Ave SE Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $1,734,000 - $2,164,000

3 Beds
3 Baths
2,080 Sq Ft
$946/Sq Ft Est. Value

About This Home

This home is located at 7224 78th Ave SE, Mercer Island, WA 98040 and is currently estimated at $1,968,342, approximately $946 per square foot. 7224 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
Mar 13, 2014
Sold by
Yellow Bird Mercer Island Llc
Bought by
Snyder Laura Ann and Eide Mitchell Lee
Current Estimated Value
$1,968,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2011
Sold by
Newby Patti Sue
Bought by
Yellow Bird Mercer Island Llc

Purchase Details

Closed on
Apr 26, 2011
Sold by
Richardson James and Davis Tracy Holt
Bought by
Newby Patti Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Eckert Emery E and Eckert Barbara J
Bought by
Richardson James and Richardson Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 1983
Sold by
Rains John C and Rains Margery E
Bought by
Eckert Emery E and Eckert Barbara J
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.

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
Snyder Laura Ann $850,000 Chicago Title
Yellow Bird Mercer Island Llc -- None Available
Newby Patti Sue $600,000 Fidelity Natio
Richardson James $607,000 Stewart Title
Eckert Emery E $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newby Patti Sue $250,000
Previous Owner Richardson James $485,600
Closed Richardson James $91,000
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 $9,508 $1,450,000 $1,121,000 $329,000
2023 $9,389 $1,362,000 $1,058,000 $304,000
2022 $8,399 $1,524,000 $1,191,000 $333,000
2021 $8,064 $1,139,000 $981,000 $158,000
2020 $7,760 $1,006,000 $935,000 $71,000
2018 $7,530 $961,000 $794,000 $167,000
2017 $6,365 $867,000 $718,000 $149,000
2016 $5,927 $781,000 $657,000 $124,000
2015 $5,712 $708,000 $595,000 $113,000
2014 -- $652,000 $550,000 $102,000
2013 -- $684,000 $554,000 $130,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7224 78th Ave SE, Mercer Island, WA

This home is located at 7224 78th Ave SE, Mercer Island, WA 98040 and is currently estimated at $1,968,342, approximately $946 per square foot. 7224 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.

Nearby Homes