7970 E Mercer Way Mercer Island, WA 98040
Tarywood NeighborhoodEstimated Value: $5,793,000 - $11,363,338
4
Beds
3
Baths
4,290
Sq Ft
$2,030/Sq Ft
Est. Value
About This Home
This home is located at 7970 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $8,709,835, approximately $2,030 per square foot. 7970 E 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 19, 2016
Sold by
Gibbons R Thomas and Gibbons Susan K
Bought by
7964 E Mercer Way Llc
Current Estimated Value
Purchase Details
Closed on
Jun 22, 2007
Sold by
King David G and King Karen B
Bought by
Gibbons Ii R Thomas and Gibbons Susan K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| 7964 E Mercer Way Llc | $5,800,000 | Chicago Title | |
| Gibbons Ii R Thomas | -- | Transnation Ti | |
| Gibbons Ii R Thomas | $2,978,500 | Transnation Ti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gibbons Ii R Thomas | $2,000,000 |
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 | $54,817 | $8,374,000 | $4,455,000 | $3,919,000 |
| 2023 | $53,924 | $7,864,000 | $4,203,000 | $3,661,000 |
| 2022 | $48,386 | $8,795,000 | $4,728,000 | $4,067,000 |
| 2021 | $46,441 | $6,573,000 | $3,892,000 | $2,681,000 |
| 2020 | $56,834 | $5,804,000 | $3,707,000 | $2,097,000 |
| 2018 | $61,845 | $7,403,000 | $3,975,000 | $3,428,000 |
| 2017 | $51,889 | $7,531,000 | $3,823,000 | $3,708,000 |
| 2016 | $48,259 | $6,378,000 | $3,495,000 | $2,883,000 |
| 2015 | $46,489 | $5,776,000 | $3,163,000 | $2,613,000 |
| 2014 | -- | $5,317,000 | $2,924,000 | $2,393,000 |
| 2013 | -- | $4,383,000 | $2,146,000 | $2,237,000 |
Source: Public Records
Map
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