8070 Avalon Dr Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $6,427,000 - $7,965,000
3
Beds
5
Baths
5,430
Sq Ft
$1,283/Sq Ft
Est. Value
About This Home
This home is located at 8070 Avalon Dr, Mercer Island, WA 98040 and is currently estimated at $6,964,172, approximately $1,282 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
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
Outstanding Balance
$1,358,641
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,605,531
Purchase Details
Closed on
May 23, 2007
Sold by
Reddy James W
Bought by
Reddy James W and Reddy Thomas E
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Home Values in the Area
Average Home Value in this Area
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 | $1,856,000 | |
| Closed | Punke Timothy E | $1,856,000 |
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 | $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
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