NOT LISTED FOR SALE

3230 W Mercer Way Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $1,995,000 - $2,729,000

2 Beds
2 Baths
2,560 Sq Ft
$954/Sq Ft Est. Value

About This Home

This home is located at 3230 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,441,294, approximately $953 per square foot. 3230 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
Mar 8, 2019
Sold by
Haack Valentina L
Bought by
Sakshaug Mark A
Current Estimated Value
$2,441,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Outstanding Balance
$2,632,724
Interest Rate
4.4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 1, 2006
Sold by
Dawson John H
Bought by
Sakshaug Mark A and Haack Valentina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1997
Sold by
Patel Nilesh H
Bought by
Dawson John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,800
Interest Rate
7.91%

Purchase Details

Closed on
Dec 2, 1994
Sold by
Uhrmacher Max and Uhrmacher Dorothy
Bought by
Patel Nilesh H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
8.25%

Purchase Details

Closed on
Feb 17, 1994
Sold by
Gockel Robert J and Gockel Patricia T
Bought by
Uhrmacher Max and Uhrmacher Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.37%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Sakshaug Mark A -- Old Republic Title Ltd
Sakshaug Mark A $925,000 Transnation Ti
Dawson John H $471,000 Transnation Title Insurance
Patel Nilesh H $422,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sakshaug Mark A $2,925,000
Previous Owner Sakshaug Mark A $245,000
Previous Owner Sakshaug Mark A $503,000
Previous Owner Sakshaug Mark A $740,000
Previous Owner Dawson John H $376,800
Previous Owner Patel Nilesh H $338,000
Previous Owner Uhrmacher Max $209,000
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 $15,122 $2,308,000 $1,273,000 $1,035,000
2023 $14,934 $2,168,000 $1,201,000 $967,000
2022 $13,359 $2,425,000 $1,352,000 $1,073,000
2021 $12,823 $1,813,000 $1,113,000 $700,000
2020 $13,215 $1,601,000 $1,060,000 $541,000
2018 $13,505 $1,724,000 $867,000 $857,000
2017 $11,408 $1,556,000 $784,000 $772,000
2016 $10,612 $1,401,000 $717,000 $684,000
2015 $10,231 $1,269,000 $649,000 $620,000
2014 -- $1,169,000 $600,000 $569,000
2013 -- $942,000 $558,000 $384,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Mercerdale

3230 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 3230 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,441,294, approximately $953 per square foot. 3230 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.

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