NOT LISTED FOR SALE

7865 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $4,822,000 - $5,011,913

5 Beds
6 Baths
6,100 Sq Ft
$809/Sq Ft Est. Value

About This Home

This home is located at 7865 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $4,934,304, approximately $808 per square foot. 7865 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
Sep 2, 2010
Sold by
Muti Alessandro and Bui Tram Ngoc
Bought by
Doolittle Burton
Current Estimated Value
$4,934,304

Purchase Details

Closed on
Jul 8, 2003
Sold by
Cheung Peter W and Cheung Shelly C
Bought by
Muti Alessandro and Bui Tram Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,238,888
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1985
Sold by
Lundberg Don and Lundberg Norene
Bought by
Cheung Peter W and Cheung Shelly C

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Doolittle Burton -- None Available
Muti Alessandro $1,558,888 Chicago Title
Cheung Peter W $184,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muti Alessandro $1,563,000
Closed Muti Alessandro $1,704,927
Closed Muti Alessandro $125,000
Previous Owner Muti Alessandro $270,000
Previous Owner Muti Alessandro $1,300,000
Previous Owner Muti Alessandro $1,238,888
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 $25,521 $3,897,000 $1,981,000 $1,916,000
2023 $25,681 $3,730,000 $1,869,000 $1,861,000
2022 $22,962 $4,172,000 $2,103,000 $2,069,000
2021 $22,557 $3,118,000 $1,731,000 $1,387,000
2020 $21,977 $2,818,000 $1,649,000 $1,169,000
2018 $22,800 $2,723,000 $1,467,000 $1,256,000
2017 $19,899 $2,628,000 $1,411,000 $1,217,000
2016 $18,514 $2,445,000 $1,290,000 $1,155,000
2015 $17,836 $2,215,000 $1,168,000 $1,047,000
2014 -- $2,039,000 $1,080,000 $959,000
2013 -- $1,907,000 $1,321,000 $586,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7865 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7865 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $4,934,304, approximately $808 per square foot. 7865 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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