NOT LISTED FOR SALE

7340 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,231,000 - $2,623,000

4 Beds
3 Baths
2,370 Sq Ft
$1,028/Sq Ft Est. Value

About This Home

This home is located at 7340 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,436,877, approximately $1,028 per square foot. 7340 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
Oct 27, 2009
Sold by
Tucker Gloria E
Bought by
Noren Per A and Noren Nina Ulrika
Current Estimated Value
$2,436,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2007
Sold by
Stamnes Paul and Stamnes Michelle
Bought by
Tucker Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 8, 2005
Sold by
Harrison Stephen L and Harrison Christy J
Bought by
Stamnes Paul and Stamnes Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 2004
Sold by
Martin Richard L
Bought by
Fuchs Robin and Fuchs Jennell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,720
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2002
Sold by
Jackson John T and Jackson Bonnie L
Bought by
Harrison Stephen L and Harrison Christy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.37%

Purchase Details

Closed on
Jun 11, 1987
Sold by
Security Pacific National Bank
Bought by
Jackson John T and Jackson Bonnie L

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
Noren Per A $850,000 Chicago Title
Tucker Gloria E $1,275,000 Transnation Ti
Stamnes Paul $950,000 Fidelity Natio
Fuchs Robin $810,900 Transnation Ti
Harrison Stephen L $605,000 Chicago Title
Jackson John T $173,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noren Per A $162,000
Closed Noren Per A $200,000
Previous Owner Tucker Gloria E $148,000
Previous Owner Tucker Gloria E $999,000
Previous Owner Stamnes Paul $100,000
Previous Owner Stamnes Paul $550,000
Previous Owner Harrison Stephen L $265,695
Previous Owner Fuchs Robin $648,720
Previous Owner Harrison Stephen L $484,000
Closed Harrison Stephen L $90,750
Closed Fuchs Robin $81,090
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 $13,990 $2,135,000 $1,355,000 $780,000
2023 $13,766 $2,005,000 $1,279,000 $726,000
2022 $12,042 $2,243,000 $1,439,000 $804,000
2021 $11,559 $1,634,000 $1,185,000 $449,000
2020 $11,455 $1,443,000 $1,129,000 $314,000
2018 $11,120 $1,419,000 $974,000 $445,000
2017 $9,391 $1,281,000 $881,000 $400,000
2016 $8,741 $1,153,000 $806,000 $347,000
2015 $8,422 $1,045,000 $730,000 $315,000
2014 -- $962,000 $675,000 $287,000
2013 -- $818,000 $594,000 $224,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7340 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7340 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,436,877, approximately $1,028 per square foot. 7340 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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