7931 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $3,417,659 - $4,149,000
4
Beds
4
Baths
3,940
Sq Ft
$983/Sq Ft
Est. Value
About This Home
This home is located at 7931 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,871,665, approximately $982 per square foot. 7931 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
Jan 19, 2009
Sold by
Li Larry and Li Grace
Bought by
Li Grace
Current Estimated Value
Purchase Details
Closed on
Mar 20, 1991
Sold by
Ingebrigtson Roy and Ingebrigtson Marla
Bought by
Li Larry L K and Li Grace P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Li Grace | -- | None Available | |
| Li Larry L K | $600,000 | -- |
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 | $22,203 | $3,390,000 | $1,637,000 | $1,753,000 |
| 2023 | $21,924 | $3,184,000 | $1,545,000 | $1,639,000 |
| 2022 | $19,606 | $3,561,000 | $1,738,000 | $1,823,000 |
| 2021 | $18,822 | $2,662,000 | $1,431,000 | $1,231,000 |
| 2020 | $17,312 | $2,351,000 | $1,363,000 | $988,000 |
| 2018 | $16,799 | $2,145,000 | $1,188,000 | $957,000 |
| 2017 | $14,670 | $1,936,000 | $1,075,000 | $861,000 |
| 2016 | $13,645 | $1,802,000 | $983,000 | $819,000 |
| 2015 | $13,151 | $1,632,000 | $890,000 | $742,000 |
| 2014 | -- | $1,503,000 | $823,000 | $680,000 |
| 2013 | -- | $1,335,000 | $734,000 | $601,000 |
Source: Public Records
Map
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