NOT LISTED FOR SALE

7440 Mercer Terrace Dr Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,325,572 - $2,681,000

4 Beds
3 Baths
3,400 Sq Ft
$737/Sq Ft Est. Value

About This Home

This home is located at 7440 Mercer Terrace Dr, Mercer Island, WA 98040 and is currently estimated at $2,506,143, approximately $737 per square foot. 7440 Mercer Terrace Dr 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
Jul 22, 2011
Sold by
Hinson Rodger and Hinson Stephanie Clark
Bought by
Murphy Michael J and Zwingman Theresa A
Current Estimated Value
$2,422,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2003
Sold by
Klein Stephen M and Klein Rebecca M
Bought by
Hinson Roger M and Hinson Stephanie Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.15%

Purchase Details

Closed on
Jan 18, 1990
Sold by
Miles James M and Donna Jean
Bought by
Klein Stephen M and Klein Rebecca M
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
Murphy Michael J $770,000 Chicago Title
Hinson Roger M $625,000 Chicago Title
Klein Stephen M $326,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zwingman Theresa A $252,000
Open Murphy Michael J $648,000
Closed Murphy Michael J $654,500
Previous Owner Hinson Roger $457,000
Previous Owner Hinson Roger M $249,118
Previous Owner Hinson Roger M $132,000
Previous Owner Hinson Roger M $500,000
Closed Hinson Roger M $63,500
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 $11,811 $1,802,000 $1,213,000 $589,000
2023 $11,667 $1,693,000 $1,145,000 $548,000
2022 $10,437 $1,894,000 $1,289,000 $605,000
2021 $10,024 $1,416,000 $1,061,000 $355,000
2020 $10,002 $1,251,000 $1,011,000 $240,000
2018 $9,707 $1,239,000 $902,000 $337,000
2017 $8,203 $1,118,000 $816,000 $302,000
2016 $7,631 $1,007,000 $746,000 $261,000
2015 $7,355 $912,000 $676,000 $236,000
2014 -- $840,000 $625,000 $215,000
2013 -- $771,000 $554,000 $217,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7440 Mercer Terrace Dr, Mercer Island, WA

This home is located at 7440 Mercer Terrace Dr, Mercer Island, WA 98040 and is currently estimated at $2,506,143, approximately $737 per square foot. 7440 Mercer Terrace Dr is a home located in King County with nearby schools including Lakeridge 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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