NOT LISTED FOR SALE

7426 SE 71st St Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,970,000 - $8,569,000

4 Beds
3 Baths
3,830 Sq Ft
$1,595/Sq Ft Est. Value

About This Home

This home is located at 7426 SE 71st St, Mercer Island, WA 98040 and is currently estimated at $6,108,436, approximately $1,594 per square foot. 7426 SE 71st St 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 23, 2012
Sold by
Kirchner Mary L
Bought by
Loeser Derek W and Van Kessel Katherine A
Current Estimated Value
$6,108,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,395,522
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,610,220
Source: Public Records

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
Loeser Derek W $2,575,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeser Derek W $790,500
Open Loeser Derek W $2,000,000
Previous Owner Kirchner Mary Lu $1,063,750
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 $49,850 $7,615,000 $5,789,000 $1,826,000
2023 $49,216 $7,151,000 $5,462,000 $1,689,000
2022 $42,882 $7,997,000 $6,144,000 $1,853,000
2021 $41,154 $5,825,000 $5,057,000 $768,000
2020 $39,681 $5,143,000 $4,817,000 $326,000
2018 $41,182 $4,919,000 $4,501,000 $418,000
2017 $34,776 $4,748,000 $4,328,000 $420,000
2016 $32,347 $4,274,000 $3,957,000 $317,000
2015 $31,166 $3,871,000 $3,581,000 $290,000
2014 -- $3,564,000 $3,310,000 $254,000
2013 -- $3,246,000 $3,058,000 $188,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7426 SE 71st St, Mercer Island, WA

This home is located at 7426 SE 71st St, Mercer Island, WA 98040 and is currently estimated at $6,108,436, approximately $1,594 per square foot. 7426 SE 71st St 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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