7755 85th Place SE Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $1,837,000 - $2,261,000
5
Beds
3
Baths
2,280
Sq Ft
$899/Sq Ft
Est. Value
About This Home
This home is located at 7755 85th Place SE, Mercer Island, WA 98040 and is currently estimated at $2,050,509, approximately $899 per square foot. 7755 85th Place SE 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
Jul 1, 2006
Sold by
Most Sam P and Most Elizabeth T
Bought by
Werdel John T and Werdel Kimberly L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Outstanding Balance
$66,789
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,983,720
Purchase Details
Closed on
Nov 4, 2004
Sold by
Levy Marc C and Levy Jessica S
Bought by
Most Sam P and Most Elizabeth T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 10, 1999
Sold by
Kelly Robert A and Kelly Susan P
Bought by
Levy Marc C and Levy Jessica S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.9%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Werdel John T | $869,000 | Chicago Title | |
| Most Sam P | $723,000 | Transnation Ti | |
| Levy Marc C | $505,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Werdel John T | $113,000 | |
| Open | Werdel John T | $669,000 | |
| Previous Owner | Most Sam P | $527,000 | |
| Previous Owner | Levy Marc C | $404,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,517 | $1,757,000 | $1,200,000 | $557,000 |
| 2023 | $11,333 | $1,650,000 | $1,133,000 | $517,000 |
| 2022 | $10,173 | $1,846,000 | $1,275,000 | $571,000 |
| 2021 | $9,768 | $1,380,000 | $1,050,000 | $330,000 |
| 2020 | $10,689 | $1,219,000 | $1,000,000 | $219,000 |
| 2018 | $10,374 | $1,324,000 | $867,000 | $457,000 |
| 2017 | $8,764 | $1,195,000 | $784,000 | $411,000 |
| 2016 | $8,157 | $1,076,000 | $717,000 | $359,000 |
| 2015 | $7,862 | $975,000 | $649,000 | $326,000 |
| 2014 | -- | $898,000 | $600,000 | $298,000 |
| 2013 | -- | $772,000 | $515,000 | $257,000 |
Source: Public Records
Map
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