NOT LISTED FOR SALE

7505 Mercer Terrace Dr Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,483,950 - $2,718,000

5 Beds
3 Baths
3,310 Sq Ft
$793/Sq Ft Est. Value

About This Home

This home is located at 7505 Mercer Terrace Dr, Mercer Island, WA 98040 and is currently estimated at $2,625,488, approximately $793 per square foot. 7505 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
Jan 6, 1999
Sold by
Li Wei I and Li Dorothy Margaret Rose
Bought by
Li Wei I and Li Dorothy Margaret Rose
Current Estimated Value
$2,625,488
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Li Wei I -- Evergreen Title Company Inc
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 $11,962 $1,825,000 $1,278,000 $547,000
2023 $11,768 $1,714,000 $1,206,000 $508,000
2022 $10,563 $1,917,000 $1,357,000 $560,000
2021 $10,144 $1,433,000 $1,117,000 $316,000
2020 $9,829 $1,266,000 $1,064,000 $202,000
2018 $9,533 $1,217,000 $856,000 $361,000
2017 $8,057 $1,098,000 $774,000 $324,000
2016 $7,497 $989,000 $708,000 $281,000
2015 $7,224 $896,000 $641,000 $255,000
2014 -- $825,000 $593,000 $232,000
2013 -- $757,000 $554,000 $203,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7505 Mercer Terrace Dr, Mercer Island, WA

This home is located at 7505 Mercer Terrace Dr, Mercer Island, WA 98040 and is currently estimated at $2,625,488, approximately $793 per square foot. 7505 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.

Nearby Homes