NOT LISTED FOR SALE

7432 N Mercer Way Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $4,479,000 - $9,005,000

6 Beds
5 Baths
4,060 Sq Ft
$1,846/Sq Ft Est. Value

About This Home

This home is located at 7432 N Mercer Way, Mercer Island, WA 98040 and is currently estimated at $7,494,108, approximately $1,845 per square foot. 7432 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
Sep 5, 2007
Sold by
Okeefe Timothy M
Bought by
Simchuck Carrie C and The 7432 Mercer Trust
Current Estimated Value
$7,494,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$717,322
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$7,302,428

Purchase Details

Closed on
May 28, 2004
Sold by
Schulze Gary F
Bought by
Okeefe Timothy M

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
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1999
Sold by
Schulze Marie J
Bought by
Schulze Marie J and Marie J Schulze Qualified Personal Resid
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Simchuck Carrie C $6,999,999 Chicago Title
Okeefe Timothy M $3,320,000 Transnation Ti
Schulze Marie J -- --
Schulze Gary F -- --
Schulze Gary F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simchuck Carrie C $1,100,000
Previous Owner Okeefe Timothy M $1,300,000
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 $51,892 $7,927,000 $3,986,000 $3,941,000
2023 $51,232 $7,444,000 $3,761,000 $3,683,000
2022 $49,012 $8,908,000 $4,231,000 $4,677,000
2021 $47,041 $6,658,000 $3,483,000 $3,175,000
2020 $54,616 $5,879,000 $3,318,000 $2,561,000
2018 $56,668 $6,770,000 $3,099,000 $3,671,000
2017 $49,457 $6,534,000 $2,980,000 $3,554,000
2016 $45,995 $6,079,000 $2,724,000 $3,355,000
2015 $44,313 $5,505,000 $2,466,000 $3,039,000
2014 -- $5,068,000 $2,280,000 $2,788,000
2013 -- $5,523,000 $2,364,000 $3,159,000
Source: Public Records

Map

Washington King County Mercer Island 98040 North Mercer

7432 N Mercer Way, Mercer Island, WA

This home is located at 7432 N Mercer Way, Mercer Island, WA 98040 and is currently estimated at $7,494,108, approximately $1,845 per square foot. 7432 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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