NOT LISTED FOR SALE

7331 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,862,000 - $4,122,000

4 Beds
3 Baths
2,760 Sq Ft
$1,283/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 $3,542,200, approximately $1,283 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
$3,542,200

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
Outstanding Balance
$794,904
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,747,296

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
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 $1,300,000
Previous Owner Stone David R $750,000
Previous Owner London Robert M $568,000
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 $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

Washington King County Mercer Island 98040 Island Point

7331 W Mercer Way, Mercer Island, WA

Not Listed for Sale

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