NOT LISTED FOR SALE

8070 Avalon Dr Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $5,293,000 - $7,913,000

3 Beds
5 Baths
5,430 Sq Ft
$1,290/Sq Ft Est. Value

About This Home

This home is located at 8070 Avalon Dr, Mercer Island, WA 98040 and is currently estimated at $7,006,582, approximately $1,290 per square foot. 8070 Avalon Dr 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 5, 2014
Sold by
Reddy James W and Reddy Thomas E
Bought by
Punke Timothy E and Punke Lori
Current Estimated Value
$7,006,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,856,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2007
Sold by
Reddy James W
Bought by
Reddy James W and Reddy Thomas E
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
Punke Timothy E $1,160,000 Rainier Title
Punke Timothy E $1,160,000 Rainier Title
Reddy James W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Punke Timothy E $741,000
Open Punke Timothy E $2,940,000
Closed Punke Timothy E $1,856,000
Previous Owner Reddy Victoria S $100,000
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 $47,940 $7,323,000 $2,904,000 $4,419,000
2023 $47,331 $6,877,000 $2,740,000 $4,137,000
2022 $42,315 $7,691,000 $3,083,000 $4,608,000
2021 $40,610 $5,748,000 $2,538,000 $3,210,000
2020 $38,616 $5,075,000 $2,418,000 $2,657,000
2018 $49,697 $5,022,000 $2,168,000 $2,854,000
2017 $16,060 $5,730,000 $2,085,000 $3,645,000
2016 $15,098 $1,973,000 $1,906,000 $67,000
2015 $14,549 $1,806,000 $1,725,000 $81,000
2014 -- $1,663,000 $1,595,000 $68,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

8070 Avalon Dr, Mercer Island, WA

This home is located at 8070 Avalon Dr, Mercer Island, WA 98040 and is currently estimated at $7,006,582, approximately $1,290 per square foot. 8070 Avalon Dr 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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