7440 85th Ave SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $1,690,000 - $2,172,000
5
Beds
3
Baths
2,380
Sq Ft
$837/Sq Ft
Est. Value
About This Home
This home is located at 7440 85th Ave SE, Mercer Island, WA 98040 and is currently estimated at $1,991,206, approximately $836 per square foot. 7440 85th Ave 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
Dec 17, 2002
Sold by
Lee Tom K and Lee Katrina W
Bought by
Hauge David L and Geffen Linda E
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
$300,000
Outstanding Balance
$126,916
Interest Rate
6.03%
Estimated Equity
$1,864,290
Purchase Details
Closed on
Mar 5, 2002
Sold by
Palmer Mary V
Bought by
Lee Tom K and Lee Katrina W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 22, 1987
Sold by
Komenda Robert
Bought by
Komenda Mary
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hauge David L | $620,000 | Transnation Ti | |
| Lee Tom K | $478,000 | First American | |
| Komenda Mary | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hauge David L | $300,000 | |
| Previous Owner | Lee Tom K | $388,000 |
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 | $11,006 | $1,679,000 | $1,200,000 | $479,000 |
| 2023 | $10,868 | $1,577,000 | $1,133,000 | $444,000 |
| 2022 | $9,724 | $1,764,000 | $1,275,000 | $489,000 |
| 2021 | $9,336 | $1,319,000 | $1,050,000 | $269,000 |
| 2020 | $9,197 | $1,165,000 | $1,000,000 | $165,000 |
| 2018 | $8,926 | $1,139,000 | $867,000 | $272,000 |
| 2017 | $7,544 | $1,028,000 | $784,000 | $244,000 |
| 2016 | $7,021 | $926,000 | $717,000 | $209,000 |
| 2015 | $6,770 | $839,000 | $649,000 | $190,000 |
| 2014 | -- | $773,000 | $600,000 | $173,000 |
| 2013 | -- | $653,000 | $515,000 | $138,000 |
Source: Public Records
Map
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