NOT LISTED FOR SALE

7500 Mercer Terrace Dr Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,687,130 - $3,052,000

4 Beds
3 Baths
3,090 Sq Ft
$929/Sq Ft Est. Value

About This Home

This home is located at 7500 Mercer Terrace Dr, Mercer Island, WA 98040 and is currently estimated at $2,871,533, approximately $929 per square foot. 7500 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
Apr 2, 2012
Sold by
Schulte Scott K and Schulte Marilyn T
Bought by
Kelley Daphne D and Kelley Brett A
Current Estimated Value
$2,824,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1995
Sold by
Schensted Warren C and Schensted Elizabeth M
Bought by
Schulte Scot K and Schulte Marilyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
7.48%
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
Kelley Daphne D $989,000 Fidelity Natio
Schulte Scot K $389,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Daphne D $500,000
Closed Kelley Daphne D $407,000
Closed Kelley Daphne D $741,750
Previous Owner Schulte Scot K $289,000
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 $14,357 $2,191,000 $1,270,000 $921,000
2023 $14,178 $2,058,000 $1,199,000 $859,000
2022 $12,358 $2,302,000 $1,349,000 $953,000
2021 $11,863 $1,677,000 $1,111,000 $566,000
2020 $11,770 $1,481,000 $1,059,000 $422,000
2018 $11,424 $1,458,000 $902,000 $556,000
2017 $9,651 $1,316,000 $816,000 $500,000
2016 $8,984 $1,185,000 $746,000 $439,000
2015 $8,658 $1,074,000 $676,000 $398,000
2014 -- $989,000 $625,000 $364,000
2013 -- $824,000 $554,000 $270,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7500 Mercer Terrace Dr, Mercer Island, WA

This home is located at 7500 Mercer Terrace Dr, Mercer Island, WA 98040 and is currently estimated at $2,871,533, approximately $929 per square foot. 7500 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.

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