NOT LISTED FOR SALE

7231 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $4,559,000 - $11,550,551

5 Beds
6 Baths
4,980 Sq Ft
$1,617/Sq Ft Est. Value

About This Home

This home is located at 7231 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $8,054,776, approximately $1,617 per square foot. 7231 W Mercer Way 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
Dec 19, 2019
Sold by
Maritz Yaffa S
Bought by
Maritz Yaffa S and Yaffa S Maritz Irrevocable Qua
Current Estimated Value
$8,054,776

Purchase Details

Closed on
Sep 20, 2019
Sold by
Maritz Paul A and Maritz Yaffa S
Bought by
Maritz Paul A and Maritz Yaffa S

Purchase Details

Closed on
Apr 15, 1997
Sold by
United Trading Company
Bought by
Maritz Paul A and Maritz Yaffa S

Purchase Details

Closed on
Mar 18, 1994
Sold by
The Board Of Regents Of University Washi
Bought by
United Trading Company

Purchase Details

Closed on
Oct 6, 1993
Sold by
Wheat Ben M and Wheat Maxine T
Bought by
The Board Of Regents Of The Univ Of Wa

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
Maritz Yaffa S -- None Available
Maritz Paul A -- None Available
Maritz Paul A -- None Available
Maritz Paul A $2,850,000 Chicago Title Ins Co
United Trading Company $2,200,000 Chicago Title Insurance Co
The Board Of Regents Of The Univ Of Wa -- Transamerica Title Insurance
The Board Of Regents Of The University O $1,000,000 --
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 $78,840 $12,045,000 $6,232,000 $5,813,000
2023 $77,837 $11,311,000 $5,880,000 $5,431,000
2022 $69,587 $12,649,000 $6,615,000 $6,034,000
2021 $66,782 $9,454,000 $5,445,000 $4,009,000
2020 $72,337 $8,347,000 $5,186,000 $3,161,000
2018 $74,790 $8,968,000 $5,996,000 $2,972,000
2017 $64,196 $8,624,000 $5,766,000 $2,858,000
2016 $59,719 $7,891,000 $5,271,000 $2,620,000
2015 -- $7,148,000 $4,771,000 $2,377,000
2014 -- $6,607,000 $4,410,000 $2,197,000
2013 -- $7,282,000 $4,282,000 $3,000,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7231 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7231 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $8,054,776, approximately $1,617 per square foot. 7231 W Mercer Way 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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