7229 W Ridge Rd Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,442,207 - $2,814,000
3
Beds
3
Baths
1,880
Sq Ft
$1,393/Sq Ft
Est. Value
About This Home
This home is located at 7229 W Ridge Rd, Mercer Island, WA 98040 and is currently estimated at $2,618,052, approximately $1,392 per square foot. 7229 W Ridge Rd 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
Jun 25, 1998
Sold by
Short Steven O and Short Etta
Bought by
Short Steven O and Short Etta
Current Estimated Value
Purchase Details
Closed on
May 12, 1994
Sold by
Wetherell Richard A and Wetherell Ingrid
Bought by
Short Steven Owen and Short Etta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
8.52%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Short Steven O | -- | -- | |
| Short Steven Owen | $540,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Short Steven Owen | $432,000 |
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 | $14,089 | $2,150,000 | $1,487,000 | $663,000 |
| 2023 | $13,909 | $2,019,000 | $1,403,000 | $616,000 |
| 2022 | $12,439 | $2,258,000 | $1,579,000 | $679,000 |
| 2021 | $11,943 | $1,688,000 | $1,300,000 | $388,000 |
| 2020 | $12,939 | $1,491,000 | $1,239,000 | $252,000 |
| 2018 | $12,559 | $1,603,000 | $1,083,000 | $520,000 |
| 2017 | $10,611 | $1,447,000 | $980,000 | $467,000 |
| 2016 | $9,869 | $1,303,000 | $896,000 | $407,000 |
| 2015 | $9,514 | $1,180,000 | $811,000 | $369,000 |
| 2014 | -- | $1,087,000 | $750,000 | $337,000 |
| 2013 | -- | $1,042,000 | $771,000 | $271,000 |
Source: Public Records
Map
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