7525 Mercer Terrace Dr Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,888,286 - $3,551,000
5
Beds
4
Baths
3,220
Sq Ft
$986/Sq Ft
Est. Value
About This Home
This home is located at 7525 Mercer Terrace Dr, Mercer Island, WA 98040 and is currently estimated at $3,174,322, approximately $985 per square foot. 7525 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
Mar 11, 2008
Sold by
Morency Margaret Means
Bought by
Vangelder Russell N and Dintzis Suzanne M
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
$850,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 4, 2003
Sold by
Morency Margaret M and Wittenberg Margaret M
Bought by
Morency Family Trust and Morency Margaret M
Purchase Details
Closed on
May 18, 2000
Sold by
Wittenberg Craig H
Bought by
Wittenberg Margaret M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vangelder Russell N | $1,150,000 | Chicago Title | |
| Morency Family Trust | -- | -- | |
| Wittenberg Margaret M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Vangelder Russell N | $787,000 | |
| Closed | Vangelder Russell N | $816,000 | |
| Closed | Vangelder Russell N | $850,000 |
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 | $17,282 | $2,638,000 | $1,300,000 | $1,338,000 |
| 2023 | $17,067 | $2,478,000 | $1,227,000 | $1,251,000 |
| 2022 | $15,265 | $2,772,000 | $1,381,000 | $1,391,000 |
| 2021 | $14,655 | $2,072,000 | $1,137,000 | $935,000 |
| 2020 | $15,251 | $1,830,000 | $1,083,000 | $747,000 |
| 2018 | $14,797 | $1,889,000 | $902,000 | $987,000 |
| 2017 | $12,921 | $1,705,000 | $816,000 | $889,000 |
| 2016 | $12,024 | $1,587,000 | $746,000 | $841,000 |
| 2015 | $12,250 | $1,438,000 | $676,000 | $762,000 |
| 2014 | -- | $1,400,000 | $625,000 | $775,000 |
| 2013 | -- | $1,231,000 | $554,000 | $677,000 |
Source: Public Records
Map
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