7353 85th Place SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $1,821,000 - $2,506,000
4
Beds
4
Baths
2,850
Sq Ft
$807/Sq Ft
Est. Value
About This Home
This home is located at 7353 85th Place SE, Mercer Island, WA 98040 and is currently estimated at $2,299,646, approximately $806 per square foot. 7353 85th Place SE 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
Jul 13, 2007
Sold by
Gibbons R Thomas and Gibbons Susan K
Bought by
Rockfeld Scott D and Rockfeld Cindy H
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
$1,005,000
Outstanding Balance
$628,158
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,671,488
Purchase Details
Closed on
Jul 7, 1999
Sold by
Parry Michael F and Parry Mary S
Bought by
Gibbons Ii R Thomas and Gibbons Susan K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rockfeld Scott D | $1,005,000 | Chicago Title | |
| Gibbons Ii R Thomas | $510,000 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rockfeld Scott D | $1,005,000 | |
| Previous Owner | Gibbons Ii R Thomas | $360,000 |
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 | $13,388 | $2,043,000 | $1,200,000 | $843,000 |
| 2023 | $13,221 | $1,919,000 | $1,133,000 | $786,000 |
| 2022 | $11,527 | $2,147,000 | $1,275,000 | $872,000 |
| 2021 | $11,063 | $1,564,000 | $1,050,000 | $514,000 |
| 2020 | $11,194 | $1,381,000 | $1,000,000 | $381,000 |
| 2018 | $10,210 | $1,386,000 | $867,000 | $519,000 |
| 2017 | $8,626 | $1,176,000 | $784,000 | $392,000 |
| 2016 | $8,023 | $1,059,000 | $717,000 | $342,000 |
| 2015 | $7,731 | $959,000 | $649,000 | $310,000 |
| 2014 | -- | $883,000 | $600,000 | $283,000 |
| 2013 | -- | $721,000 | $515,000 | $206,000 |
Source: Public Records
Map
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