NOT LISTED FOR SALE

2038 81st Ave SE Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $4,882,000 - $8,400,000

6 Beds
8 Baths
11,290 Sq Ft
$566/Sq Ft Est. Value

About This Home

This home is located at 2038 81st Ave SE, Mercer Island, WA 98040 and is currently estimated at $6,394,154, approximately $566 per square foot. 2038 81st Ave SE is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2010
Sold by
Lerwick Stuart and Lerwick Claudia
Bought by
Brown Adriane M and Brown Darryl J
Current Estimated Value
$6,394,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2005
Sold by
Liaw Frederick and Liaw Susan
Bought by
Lerwick Stuart N and Lerwick Claudia O

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
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1993
Sold by
Weissman Wayne D and Marilyn Klass
Bought by
Liaw Fwu-Tzor and Lai Su-Shen

Purchase Details

Closed on
May 15, 1984
Sold by
Zimmerman Marion E
Bought by
Weissman Wayne D and Marilyn Klass
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
Brown Adriane M $2,500,000 Rainier Title
Lerwick Stuart N $3,300,000 Transnation Ti
Liaw Fwu-Tzor $520,000 --
Weissman Wayne D $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Darryl J $999,999
Open Brown Darryl J $1,787,000
Closed Brown Adriane M $1,750,000
Previous Owner Lerwick Stuart N $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 $50,407 $7,700,000 $2,601,000 $5,099,000
2023 $49,767 $7,231,000 $2,454,000 $4,777,000
2022 $44,493 $8,087,000 $2,761,000 $5,326,000
2021 $42,706 $6,044,000 $2,273,000 $3,771,000
2020 $46,407 $5,337,000 $2,165,000 $3,172,000
2018 $45,023 $5,753,000 $1,987,000 $3,766,000
2017 $39,298 $5,191,000 $1,797,000 $3,394,000
2016 $36,548 $4,830,000 $1,643,000 $3,187,000
2015 $37,215 $4,374,000 $1,487,000 $2,887,000
2014 -- $4,256,000 $1,375,000 $2,881,000
2013 -- $4,422,000 $1,206,000 $3,216,000
Source: Public Records

Map

Washington King County Mercer Island 98040 North Mercer

2038 81st Ave SE, Mercer Island, WA

This home is located at 2038 81st Ave SE, Mercer Island, WA 98040 and is currently estimated at $6,394,154, approximately $566 per square foot. 2038 81st Ave SE is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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