NOT LISTED FOR SALE

7311 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,520,000 - $3,819,000

4 Beds
4 Baths
3,500 Sq Ft
$1,042/Sq Ft Est. Value

About This Home

This home is located at 7311 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,645,567, approximately $1,041 per square foot. 7311 W Mercer Way is a home 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 23, 2021
Sold by
Rkk Villa Marbella Llc
Bought by
Rkk Construction Inc and Rkk Villa Marbella Llc
Current Estimated Value
$3,645,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,641,403
Outstanding Balance
$1,512,325
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,125,906

Purchase Details

Closed on
Aug 9, 2019
Sold by
7275 Mercer Llc
Bought by
Helms Mason and Helms Shelley

Purchase Details

Closed on
Nov 20, 2008
Sold by
Leuthold Jeffrey M and Leuthold Craig A
Bought by
7275 Mercer Llc

Purchase Details

Closed on
Jan 10, 2008
Sold by
Leuthold Jeffrey M and Leuthold Craig A
Bought by
Leuthold Jeffrey M and Leuthold Craig A

Purchase Details

Closed on
Dec 2, 1992
Sold by
Leuthold Caroline I
Bought by
Leuthold Jeffrey M and Leuthold Craig A
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

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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
Rkk Construction Inc -- None Available
Helms Mason -- Chicago Title
7275 Mercer Llc -- None Available
Leuthold Jeffrey M -- None Available
Leuthold Jeffrey M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rkk Construction Inc $1,641,403
Previous Owner 7275 Mercer Llc $0
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 $19,415 $2,964,000 $1,478,000 $1,486,000
2023 $26,925 $2,784,000 $1,395,000 $1,389,000
2022 $9,679 $3,400,000 $1,570,000 $1,830,000
2021 $10,031 $1,313,000 $1,293,000 $20,000
2020 $7,184 $1,252,000 $1,232,000 $20,000
2018 $7,069 $892,000 $881,000 $11,000
2017 $6,071 $814,000 $797,000 $17,000
2016 $5,649 $745,000 $729,000 $16,000
2015 $5,465 $675,000 $660,000 $15,000
2014 -- $624,000 $610,000 $14,000
2013 -- $625,000 $577,000 $48,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7311 W Mercer Way, Mercer Island, WA

This home is located at 7311 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,645,567, approximately $1,041 per square foot. 7311 W Mercer Way is a home 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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