NOT LISTED FOR SALE

7400 SE 71st St Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $4,700,000 - $9,497,314

5 Beds
5 Baths
3,310 Sq Ft
$2,145/Sq Ft Est. Value

About This Home

This home is located at 7400 SE 71st St, Mercer Island, WA 98040 and is currently estimated at $7,098,657, approximately $2,144 per square foot. 7400 SE 71st St 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
Apr 15, 2021
Sold by
Greenberg Sharon L
Bought by
Slg Mercer Island Qprt and Greenberg
Current Estimated Value
$7,098,657

Purchase Details

Closed on
Jul 21, 2015
Sold by
Long Eva S and Jepson William H
Bought by
Greenberg Philip D and Greenberg Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
2.71%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 1996
Sold by
Chappelle Richard C and Chappelle Virginia D
Bought by
Jepson William H and Long Eva S

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Slg Mercer Island Qprt $313 Little Casey J
Pdg Mercer Island Qprt $313 None Listed On Document
Greenberg Philip D $6,200,000 Chicago Title
Jepson William H $1,535,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenberg Philip D $4,200,000
Previous Owner Jepson William H $1,100,000
Previous Owner Long Eva S $250,000
Previous Owner Jepson William H $1,009,000
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 $65,340 $9,982,000 $6,071,000 $3,911,000
2023 $64,510 $9,374,000 $5,728,000 $3,646,000
2022 $57,673 $10,483,000 $6,444,000 $4,039,000
2021 $55,352 $7,835,000 $5,304,000 $2,531,000
2020 $49,311 $6,918,000 $5,052,000 $1,866,000
2018 $51,171 $6,113,000 $4,718,000 $1,395,000
2017 $44,666 $5,900,000 $4,537,000 $1,363,000
2016 $41,543 $5,490,000 $4,148,000 $1,342,000
2015 $40,021 $4,972,000 $3,754,000 $1,218,000
2014 -- $4,577,000 $3,470,000 $1,107,000
2013 -- $4,155,000 $3,179,000 $976,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7400 SE 71st St, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7400 SE 71st St, Mercer Island, WA 98040 and is currently estimated at $7,098,657, approximately $2,144 per square foot. 7400 SE 71st St is a home with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

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