NOT LISTED FOR SALE

7705 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,531,000 - $3,485,000

4 Beds
4 Baths
3,310 Sq Ft
$893/Sq Ft Est. Value

About This Home

This home is located at 7705 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,956,028, approximately $893 per square foot. 7705 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
Jun 22, 2011
Sold by
Scott Jonathan L and Scott Stephanie A
Bought by
Luo Chuan and Wu Yue
Current Estimated Value
$2,956,028

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
Outstanding Balance
$268,550
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,607,328

Purchase Details

Closed on
Jun 21, 2004
Sold by
Hunter John C and Escobedo Eva M
Bought by
Scott Jonathan L and Scott Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1999
Sold by
Maltz Carol Ann
Bought by
Hunter John C and Escobedo Eva M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,000
Interest Rate
7.05%

Purchase Details

Closed on
Aug 5, 1997
Sold by
Maltz Carol Ann
Bought by
Maltz Carol Ann

Purchase Details

Closed on
Jun 21, 1993
Sold by
Maltz Lawrence C
Bought by
Maltz Carol A
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
Luo Chuan $1,050,000 Fidelity Natio
Scott Jonathan L $1,075,980 Chicago Title
Hunter John C $831,000 Transnation Title Insurance
Maltz Carol Ann -- --
Maltz Carol A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Chuan $417,000
Previous Owner Scott Jonathan L $650,000
Previous Owner Hunter John C $646,000
Closed Scott Jonathan L $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 $16,039 $2,448,000 $1,840,000 $608,000
2023 $16,138 $2,343,000 $1,736,000 $607,000
2022 $14,433 $2,621,000 $1,953,000 $668,000
2021 $14,183 $1,959,000 $1,608,000 $351,000
2020 $13,696 $1,771,000 $1,532,000 $239,000
2018 $13,288 $1,697,000 $1,216,000 $481,000
2017 $11,221 $1,531,000 $1,100,000 $431,000
2016 $10,437 $1,378,000 $1,006,000 $372,000
2015 $10,056 $1,248,000 $911,000 $337,000
2014 -- $1,149,000 $842,000 $307,000
2013 -- $1,240,000 $971,000 $269,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7705 W Mercer Way, Mercer Island, WA

This home is located at 7705 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,956,028, approximately $893 per square foot. 7705 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.

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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