NOT LISTED FOR SALE

7616 SE 40th St Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $1,768,000 - $1,980,000

3 Beds
2 Baths
1,930 Sq Ft
$959/Sq Ft Est. Value

About This Home

This home is located at 7616 SE 40th St, Mercer Island, WA 98040 and is currently estimated at $1,850,539, approximately $958 per square foot. 7616 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
Feb 1, 2021
Sold by
Kessler Randall and Kessler Jennifer
Bought by
Kessler Randall and Kessler Jennifer
Current Estimated Value
$1,850,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,450
Outstanding Balance
$306,087
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2007
Sold by
Rizza Eric and Rizza Lisa
Bought by
Kessler Randy and Kessler Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2005
Sold by
Williams Shaun C and Williams Jennifer A
Bought by
Rizza Eric and Rizza Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,720
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 5, 2002
Sold by
Bjarnason Gregory P and Bjarnason Stacy
Bought by
Williams Shaun C and Williams Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%

Purchase Details

Closed on
Jan 10, 1996
Sold by
Kabrud Mary T
Bought by
Bjarnason Gregory P and Bjarnason Stacy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.18%
Mortgage Type
Balloon
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
Kessler Randall -- Wfg National Title
Kessler Randy $899,000 Transnation Ti
Rizza Eric $698,400 Transnation Ti
Williams Shaun C $500,000 Transnation Title Insurance
Bjarnason Gregory P $232,500 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessler Randall $333,450
Open Kessler Randy $699,000
Previous Owner Rizza Eric $558,720
Previous Owner Williams Shaun C $500,000
Previous Owner Bjarnason Gregory P $199,500
Closed Rizza Eric $69,840
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 $10,345 $1,578,000 $1,120,000 $458,000
2023 $10,377 $1,511,000 $1,057,000 $454,000
2022 $9,076 $1,690,000 $1,190,000 $500,000
2021 $8,920 $1,231,000 $980,000 $251,000
2020 $8,716 $1,113,000 $934,000 $179,000
2018 $8,458 $1,079,000 $700,000 $379,000
2017 $7,146 $974,000 $633,000 $341,000
2016 $6,653 $877,000 $579,000 $298,000
2015 $6,717 $795,000 $524,000 $271,000
2014 -- $767,000 $485,000 $282,000
2013 -- $586,000 $441,000 $145,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Mercerdale

7616 SE 40th St, Mercer Island, WA

This home is located at 7616 SE 40th St, Mercer Island, WA 98040 and is currently estimated at $1,850,539, approximately $958 per square foot. 7616 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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