NOT LISTED FOR SALE

7970 E Mercer Way Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $5,950,000 - $9,298,000

4 Beds
3 Baths
4,290 Sq Ft
$1,859/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 $7,976,638, approximately $1,859 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
$7,976,638

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
Source: Public Records

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

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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
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
Open 7964 E Mercer Way Llc $3,000,000
Previous Owner Gibbons Ii R Thomas $990,000
Previous Owner Gibbons Ii R Thomas $1,420,000
Previous Owner Gibbons Ii R Thomas $1,415,000
Previous Owner Gibbons Ii R Thomas $2,000,000
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 $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

Washington King County Mercer Island 98040 Tarywood

7970 E Mercer Way, Mercer Island, WA

This home is located at 7970 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $7,976,638, approximately $1,859 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.

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