1516 E Mercer St Seattle, WA 98112
Capitol Hill NeighborhoodEstimated Value: $1,372,000 - $1,643,000
3
Beds
3
Baths
2,460
Sq Ft
$602/Sq Ft
Est. Value
About This Home
This home is located at 1516 E Mercer St, Seattle, WA 98112 and is currently estimated at $1,481,917, approximately $602 per square foot. 1516 E Mercer St is a home located in King County with nearby schools including Stevens Elementary School, Meany Middle School, and Garfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2020
Sold by
Hightower David D and Hightower Kimberly A
Bought by
Pesut Elliott and Obrien Brian
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
$949,600
Outstanding Balance
$844,619
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$637,298
Purchase Details
Closed on
Oct 8, 1996
Sold by
Dewitt Carol A and Marian Wright V
Bought by
Hightower David D and Hightower Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.1%
Purchase Details
Closed on
Aug 23, 1993
Sold by
Steinberg James D
Bought by
Dewitt Carol A
Purchase Details
Closed on
Mar 24, 1992
Sold by
Morton Terry L
Bought by
Steinberg James D
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 |
|---|---|---|---|
| Pesut Elliott | $1,250,000 | Rainier Title | |
| Hightower David D | $330,000 | Evergreen Title Co | |
| Dewitt Carol A | $235,000 | -- | |
| Steinberg James D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pesut Elliott | $949,600 | |
| Previous Owner | Hightower David D | $264,000 |
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 | $11,588 | $1,196,000 | $800,000 | $396,000 |
| 2023 | $10,791 | $1,132,000 | $762,000 | $370,000 |
| 2022 | $11,520 | $1,388,000 | $563,000 | $825,000 |
| 2021 | $11,347 | $1,250,000 | $485,000 | $765,000 |
| 2020 | $11,571 | $1,169,000 | $455,000 | $714,000 |
| 2018 | $10,572 | $1,280,000 | $469,000 | $811,000 |
| 2017 | $8,396 | $1,067,000 | $400,000 | $667,000 |
| 2016 | $7,451 | $872,000 | $334,000 | $538,000 |
| 2015 | $6,485 | $754,000 | $310,000 | $444,000 |
| 2014 | -- | $670,000 | $239,000 | $431,000 |
| 2013 | -- | $763,000 | $213,000 | $550,000 |
Source: Public Records
Map
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