NOT LISTED FOR SALE

2449 W Mercer Way Mercer Island, WA 98040

East Seattle Neighborhood

Estimated Value: $4,012,000 - $4,419,000

4 Beds
4 Baths
3,510 Sq Ft
$1,191/Sq Ft Est. Value

About This Home

This home is located at 2449 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $4,180,782, approximately $1,191 per square foot. 2449 W Mercer Way 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
Oct 16, 2017
Sold by
Mn Custom Development Llc
Bought by
Mcfadden Gordon O and Burroughs Wendy
Current Estimated Value
$4,180,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,353,000
Outstanding Balance
$1,091,846
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,088,936

Purchase Details

Closed on
Jun 26, 2015
Sold by
Bortleson Gilbert and Bortleson Cheri Lee
Bought by
Mn Custom Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2001
Sold by
Smith Thomas D and Smith Darlene G
Bought by
Smith Laura Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.15%
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
Mcfadden Gordon O $2,335,000 Chicago Title
Mn Custom Development Llc $899,000 Chicago Title
Smith Laura Lynn $600,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfadden Gordon O $1,353,000
Previous Owner Mn Custom Development Llc $454,000
Previous Owner Smith Laura Lynn $480,000
Closed Smith Laura Lynn $60,000
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 $24,631 $3,761,000 $1,298,000 $2,463,000
2023 $24,786 $3,600,000 $1,225,000 $2,375,000
2022 $22,160 $4,026,000 $1,379,000 $2,647,000
2021 $22,213 $3,009,000 $1,135,000 $1,874,000
2020 $24,202 $2,775,000 $1,081,000 $1,694,000
2018 $16,652 $2,999,000 $832,000 $2,167,000
2017 $7,056 $1,919,000 $753,000 $1,166,000
2016 $6,570 $866,000 $689,000 $177,000
2015 -- $785,000 $624,000 $161,000
2014 -- $723,000 $577,000 $146,000
2013 -- $610,000 $567,000 $43,000
Source: Public Records

Map

Washington King County Mercer Island 98040 East Seattle

2449 W Mercer Way, Mercer Island, WA

This home is located at 2449 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $4,180,782, approximately $1,191 per square foot. 2449 W Mercer Way 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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