NOT LISTED FOR SALE

8501 SE 71st St Mercer Island, WA 98040

Mercer Island Estates Neighborhood

Estimated Value: $1,846,000 - $2,508,000

4 Beds
3 Baths
2,960 Sq Ft
$763/Sq Ft Est. Value

About This Home

This home is located at 8501 SE 71st St, Mercer Island, WA 98040 and is currently estimated at $2,257,443, approximately $762 per square foot. 8501 SE 71st St 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
Jul 13, 2006
Sold by
H Moore & Associates Llc
Bought by
Gierke Brian J and Gierke Shandon B
Current Estimated Value
$2,257,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$417,931
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,839,512

Purchase Details

Closed on
Nov 18, 2005
Sold by
Lim Steve
Bought by
H Moore & Associates Llc

Purchase Details

Closed on
Sep 14, 2004
Sold by
Sfn Investments Llc
Bought by
Lim Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Wachovia Bank Na
Bought by
Sfn Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2004
Sold by
Pimentel Jeffery R and Pimentel Charlene G
Bought by
Long Beach Mortgage Loan Trust 2002-1 As

Purchase Details

Closed on
Mar 3, 1999
Sold by
Pimentel Jeffrey R
Bought by
Pimentel Jeffrey R

Purchase Details

Closed on
May 2, 1997
Sold by
Pimentel Jeffrey R and Pimentel Flaviana C
Bought by
Pimentel Jeffrey R and Pimentel Charlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,500
Interest Rate
10.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Gierke Brian J $900,000 Stewart Title
H Moore & Associates Llc $629,000 --
Lim Steve $700,000 Commonwealth L
Sfn Investments Llc $550,000 Fidelity Natio
Long Beach Mortgage Loan Trust 2002-1 As $599,702 First American
Pimentel Jeffrey R -- --
Pimentel Jeffrey R -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gierke Brian J $720,000
Previous Owner Lim Steve $560,000
Previous Owner Pimentel Jeffrey R $338,500
Closed Lim Steve $140,000
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 $12,780 $1,950,000 $1,200,000 $750,000
2023 $12,577 $1,832,000 $1,133,000 $699,000
2022 $11,004 $2,049,000 $1,275,000 $774,000
2021 $10,567 $1,493,000 $1,050,000 $443,000
2020 $10,586 $1,319,000 $1,000,000 $319,000
2018 $10,270 $1,311,000 $867,000 $444,000
2017 $8,675 $1,183,000 $784,000 $399,000
2016 $8,073 $1,065,000 $717,000 $348,000
2015 $7,784 $965,000 $649,000 $316,000
2014 -- $889,000 $600,000 $289,000
2013 -- $737,000 $515,000 $222,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Mercer Island Estates

8501 SE 71st St, Mercer Island, WA

Not Listed for Sale

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