7331 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,811,000 - $4,614,000
4
Beds
3
Baths
2,760
Sq Ft
$1,400/Sq Ft
Est. Value
About This Home
This home is located at 7331 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,862,844, approximately $1,399 per square foot. 7331 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
Aug 15, 2007
Sold by
Stone David R and Stone Linda K
Bought by
Fuhr Edward J and Fuhr Lois R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 2, 2003
Sold by
London Robert M and London Alisa J
Bought by
Stone David R and Stone Linda K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.25%
Purchase Details
Closed on
Jun 16, 1995
Sold by
Seattle First National Bank
Bought by
London Robert M and London Alisa J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.37%
Purchase Details
Closed on
Feb 11, 1994
Sold by
Mr Helms L S
Bought by
Seattle First National Bank
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Fuhr Edward J | $1,741,000 | Transnation Ti | |
Stone David R | $1,100,000 | Chicago Title | |
London Robert M | $710,000 | Chicago Title Insurance Co | |
Seattle First National Bank | $900,000 | Chicago Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Fuhr Edward J | $1,261,000 | |
Closed | Fuhr Edward J | $1,298,600 | |
Closed | Fuhr Edward J | $141,367 | |
Closed | Fuhr Edward J | $1,300,000 | |
Previous Owner | Stone David R | $750,000 | |
Previous Owner | London Robert M | $568,000 |
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 | $20,168 | $3,079,000 | $1,405,000 | $1,674,000 |
2023 | $19,915 | $2,892,000 | $1,326,000 | $1,566,000 |
2022 | $17,811 | $3,235,000 | $1,492,000 | $1,743,000 |
2021 | $17,094 | $2,418,000 | $1,228,000 | $1,190,000 |
2020 | $18,077 | $2,135,000 | $1,170,000 | $965,000 |
2018 | $17,536 | $2,240,000 | $1,010,000 | $1,230,000 |
2017 | $14,808 | $2,021,000 | $914,000 | $1,107,000 |
2016 | $13,778 | $1,819,000 | $836,000 | $983,000 |
2015 | $13,273 | $1,648,000 | $757,000 | $891,000 |
2014 | -- | $1,517,000 | $700,000 | $817,000 |
2013 | -- | $1,352,000 | $750,000 | $602,000 |
Source: Public Records
Map
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