NOT LISTED FOR SALE

7642 Ridgecrest Ln Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,680,000 - $3,100,000

3 Beds
3 Baths
2,200 Sq Ft
$1,306/Sq Ft Est. Value

About This Home

This home is located at 7642 Ridgecrest Ln, Mercer Island, WA 98040 and is currently estimated at $2,873,358, approximately $1,306 per square foot. 7642 Ridgecrest Ln 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 11, 2004
Sold by
Schottlander Dorothea
Bought by
Emerson Clint O and Somppi Emerson Kenlyn
Current Estimated Value
$2,873,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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

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.

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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
Emerson Clint O $1,100,000 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson Clint O $280,000
Closed Emerson Clint O $301,913
Closed Emerson Clint O $333,700
Closed Emerson Clint O $165,000
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 $13,709 $2,092,000 $1,493,000 $599,000
2023 $13,538 $1,965,000 $1,409,000 $556,000
2022 $12,108 $2,198,000 $1,586,000 $612,000
2021 $11,623 $1,643,000 $1,306,000 $337,000
2020 $10,760 $1,451,000 $1,244,000 $207,000
2018 $10,444 $1,333,000 $972,000 $361,000
2017 $8,821 $1,203,000 $879,000 $324,000
2016 $8,207 $1,083,000 $804,000 $279,000
2015 $7,906 $981,000 $728,000 $253,000
2014 -- $903,000 $673,000 $230,000
2013 -- $809,000 $584,000 $225,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7642 Ridgecrest Ln, Mercer Island, WA

This home is located at 7642 Ridgecrest Ln, Mercer Island, WA 98040 and is currently estimated at $2,873,358, approximately $1,306 per square foot. 7642 Ridgecrest Ln 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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