NOT LISTED FOR SALE

7229 W Ridge Rd Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,412,000 - $3,535,000

3 Beds
3 Baths
1,880 Sq Ft
$1,498/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 $2,817,117, approximately $1,498 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
$2,817,117

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%

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

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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
Short Steven O -- --
Short Steven Owen $540,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short Steven O $220,000
Closed Short Steven O $310,000
Closed Short Steven O $315,000
Closed Short Steven O $315,000
Closed Short Steven O $50,000
Closed Short Steven Owen $432,000
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 $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

Washington King County Mercer Island 98040 Island Point

7229 W Ridge Rd, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7229 W Ridge Rd, Mercer Island, WA 98040 and is currently estimated at $2,817,117, approximately $1,498 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.

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