NOT LISTED FOR SALE

7611 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,136,000 - $3,057,000

4 Beds
4 Baths
2,922 Sq Ft
$931/Sq Ft Est. Value

About This Home

This home is located at 7611 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,720,156, approximately $930 per square foot. 7611 W Mercer Way 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
May 1, 2012
Sold by
Ranney Susan W
Bought by
Ruan Zheng and Bao Liwen
Current Estimated Value
$2,720,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 12, 2009
Sold by
Wilkinson James Robert
Bought by
Ranney Susan W

Purchase Details

Closed on
May 6, 1999
Sold by
Wilkinson James and Wilkinson Patricia L
Bought by
Wilkinson James and Wilkinson Patricia Landry

Purchase Details

Closed on
Oct 21, 1993
Sold by
Wilkinson James
Bought by
Wilkinson James and Wilkinson Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.36%

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.

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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.

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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
Ruan Zheng $920,000 Chicago Title
Ranney Susan W $375,912 None Available
Wilkinson James Robert -- None Available
Wilkinson James -- --
Wilkinson James -- Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruan Zheng $1,000,000
Closed Ruan Zheng $910,000
Closed Ruan Zheng $736,000
Previous Owner Wilkinson James $100,000
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 $16,098 $2,457,000 $1,938,000 $519,000
2023 $15,898 $2,308,000 $1,829,000 $479,000
2022 $14,220 $2,582,000 $2,058,000 $524,000
2021 $13,647 $1,930,000 $1,694,000 $236,000
2020 $11,834 $1,704,000 $1,614,000 $90,000
2018 $10,556 $1,466,000 $1,205,000 $261,000
2017 $9,220 $1,216,000 $1,090,000 $126,000
2016 $8,583 $1,132,000 $997,000 $135,000
2015 $8,273 $1,026,000 $903,000 $123,000
2014 -- $945,000 $835,000 $110,000
2013 -- $1,096,000 $890,000 $206,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7611 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7611 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,720,156, approximately $930 per square foot. 7611 W Mercer Way 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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