NOT LISTED FOR SALE

2428 62nd Ave SE Mercer Island, WA 98040

First Hill Neighborhood

Estimated Value: $3,033,473 - $3,324,000

4 Beds
4 Baths
3,630 Sq Ft
$869/Sq Ft Est. Value

About This Home

This home is located at 2428 62nd Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,154,118, approximately $868 per square foot. 2428 62nd Ave SE is a home located in King County with nearby schools including West Mercer Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2018
Sold by
Watson James C and Watson Deborah S
Bought by
Jin Frank Kui and Zhang Na
Current Estimated Value
$3,154,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Outstanding Balance
$1,331,842
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,822,276

Purchase Details

Closed on
Mar 12, 2007
Sold by
Mendes Daniel R and Mendes Joy L
Bought by
Watson James C and Watson Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
Parker Alfred J and Parker Susan K
Bought by
Mendes Daniel R and Mendes Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1992
Sold by
Muth Douglas R and Muth Sydney M
Bought by
Parker Ii Alfred J and Parker Susan K

Purchase Details

Closed on
Jan 27, 1992
Sold by
Brtholdmew Bonnie L
Bought by
Muth Douglas R
Source: Public Records

Range of Values:

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
Jin Frank Kui $2,200,000 First American Title
Watson James C $1,680,000 Transnation Ti
Mendes Daniel R $490,000 Ticor National
Parker Ii Alfred J $232,500 --
Muth Douglas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Frank Kui $1,540,000
Previous Owner Watson James C $800,000
Previous Owner Mendes Daniel R $392,000
Closed Mendes Daniel R $73,500
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 $17,282 $2,638,000 $1,196,000 $1,442,000
2023 $17,067 $2,478,000 $1,129,000 $1,349,000
2022 $15,265 $2,772,000 $1,270,000 $1,502,000
2021 $14,655 $2,072,000 $1,046,000 $1,026,000
2020 $16,041 $1,830,000 $997,000 $833,000
2018 $15,560 $1,987,000 $832,000 $1,155,000
2017 $13,588 $1,793,000 $753,000 $1,040,000
2016 $12,642 $1,669,000 $689,000 $980,000
2015 $12,180 $1,512,000 $624,000 $888,000
2014 -- $1,392,000 $577,000 $815,000
2013 -- $1,323,000 $538,000 $785,000
Source: Public Records

Map

Washington King County Mercer Island 98040 First Hill

2428 62nd Ave SE, Mercer Island, WA

This home is located at 2428 62nd Ave SE, Mercer Island, WA 98040 and is currently estimated at $3,154,118, approximately $868 per square foot. 2428 62nd Ave SE is a home located in King County with nearby schools including West Mercer 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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