NOT LISTED FOR SALE

7529 SE 40th St Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $1,569,000 - $1,932,000

3 Beds
2 Baths
1,830 Sq Ft
$955/Sq Ft Est. Value

About This Home

This home is located at 7529 SE 40th St, Mercer Island, WA 98040 and is currently estimated at $1,748,302, approximately $955 per square foot. 7529 SE 40th St is a home located in King County with nearby schools including West Mercer Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Wenzel Jeffrey T
Bought by
Wenzel Jeffrey T and Lombardo Katharine A
Current Estimated Value
$1,748,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$266,528
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,482,518

Purchase Details

Closed on
Nov 13, 2015
Sold by
Lombardo Katharine
Bought by
Wenzel Jeffrey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Schultz Thomas M and Schultz Thomas A
Bought by
Wenzel Jeffrey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2009
Sold by
Schultz Thomas M and Brotman Marny
Bought by
Schultz Thomas M and Brotman Marny

Purchase Details

Closed on
Nov 21, 2005
Sold by
Jacobsen Ray H
Bought by
Schultz Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 6, 1988
Sold by
Kendrick Robert E and Kendrick Stanley S
Bought by
Jacobsen Ray H
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
Wenzel Jeffrey T -- Ticor Title
Wenzel Jeffrey T -- Fidelity National Title
Wenzel Jeffrey T $490,000 Fidelity National Title
Schultz Thomas M -- None Available
Schultz Thomas A $700,000 Transnation Ti
Jacobsen Ray H $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenzel Jeffrey T $290,000
Closed Wenzel Jeffrey T $100,000
Closed Wenzel Jeffrey T $293,000
Previous Owner Wenzel Jeffrey T $336,000
Previous Owner Schultz Thomas A $490,000
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 $9,946 $1,517,000 $1,131,000 $386,000
2023 $9,972 $1,452,000 $1,067,000 $385,000
2022 $8,723 $1,624,000 $1,201,000 $423,000
2021 $7,952 $1,183,000 $989,000 $194,000
2020 $7,547 $992,000 $942,000 $50,000
2018 $7,322 $934,000 $830,000 $104,000
2017 $6,186 $843,000 $751,000 $92,000
2016 $5,292 $759,000 $687,000 $72,000
2015 $5,126 $632,000 $622,000 $10,000
2014 -- $585,000 $575,000 $10,000
2013 -- $579,000 $534,000 $45,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Mercerdale

7529 SE 40th St, Mercer Island, WA

This home is located at 7529 SE 40th St, Mercer Island, WA 98040 and is currently estimated at $1,748,302, approximately $955 per square foot. 7529 SE 40th St is a home located in King County with nearby schools including West Mercer 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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