NOT LISTED FOR SALE

7440 85th Ave SE Mercer Island, WA 98040

Mercer Island Estates Neighborhood

Estimated Value: $1,716,000 - $2,270,000

5 Beds
3 Baths
2,380 Sq Ft
$882/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 $2,098,525, approximately $881 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
$2,098,525

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
$134,921
Interest Rate
6.03%
Estimated Equity
$2,006,279

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
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
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
Closed Hauge David L $163,500
Closed Hauge David L $180,000
Open Hauge David L $300,000
Previous Owner Lee Tom K $388,000
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 $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

Washington King County Mercer Island 98040 Mercer Island Estates

7440 85th Ave SE, Mercer Island, WA

This home is located at 7440 85th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,098,525, approximately $881 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.

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