7410 N Mercer Way Mercer Island, WA 98040
North Mercer NeighborhoodEstimated Value: $3,885,000 - $8,530,000
5
Beds
5
Baths
3,640
Sq Ft
$1,915/Sq Ft
Est. Value
About This Home
This home is located at 7410 N Mercer Way, Mercer Island, WA 98040 and is currently estimated at $6,969,158, approximately $1,914 per square foot. 7410 N Mercer Way is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 2005
Sold by
Farmer Wayne G and Farmer Merle V
Bought by
Macaulay Robert C and Ellison Keri L
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
Outstanding Balance
$665,859
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,303,299
Purchase Details
Closed on
Aug 28, 2003
Sold by
Farmer Wayne G and Farmer Merle V
Bought by
Farmer Wayne G and Farmer Merle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 12, 2001
Sold by
Farmer Wayne G and Farmer Merle V
Bought by
Farmer Wayne G and Farmer Merle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
6.25%
Purchase Details
Closed on
May 17, 2000
Sold by
Farmer Wayne G and Farmer Merle V
Bought by
Farmer Wayne G and Farmer Merle
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 |
|---|---|---|---|
| Macaulay Robert C | $2,600,000 | Chicago Title | |
| Farmer Wayne G | -- | Pacific Nw Tit | |
| Farmer Wayne G | -- | Chicago Title | |
| Farmer Wayne G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Macaulay Robert C | $1,300,000 | |
| Previous Owner | Farmer Wayne G | $566,000 | |
| Previous Owner | Farmer Wayne G | $578,000 |
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 | $52,030 | $7,948,000 | $3,986,000 | $3,962,000 |
| 2023 | $51,370 | $7,464,000 | $3,761,000 | $3,703,000 |
| 2022 | $49,144 | $8,932,000 | $4,231,000 | $4,701,000 |
| 2021 | $47,169 | $6,676,000 | $3,483,000 | $3,193,000 |
| 2020 | $48,570 | $5,895,000 | $3,318,000 | $2,577,000 |
| 2018 | $50,217 | $6,021,000 | $3,099,000 | $2,922,000 |
| 2017 | $43,105 | $5,790,000 | $2,980,000 | $2,810,000 |
| 2016 | $40,098 | $5,298,000 | $2,724,000 | $2,574,000 |
| 2015 | $38,788 | $4,799,000 | $2,466,000 | $2,333,000 |
| 2014 | -- | $4,436,000 | $2,280,000 | $2,156,000 |
| 2013 | -- | $4,265,000 | $2,406,000 | $1,859,000 |
Source: Public Records
Map
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