NOT LISTED FOR SALE

3402 97th Ave SE Mercer Island, WA 98040

Fruitland - El Dorado Neighborhood

Estimated Value: $2,422,000 - $2,885,000

4 Beds
5 Baths
3,280 Sq Ft
$796/Sq Ft Est. Value

About This Home

This home is located at 3402 97th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,611,480, approximately $796 per square foot. 3402 97th 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
Feb 26, 2013
Sold by
Loeser Derek W and Van Kessel Katherine A
Bought by
Patton Seth A and Patton Amy D
Current Estimated Value
$2,611,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Outstanding Balance
$620,093
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$1,965,281

Purchase Details

Closed on
Jun 25, 2004
Sold by
Newmark Zephron G and Newmark Sarah B
Bought by
Loeser Derek W and Vankessel Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1986
Sold by
Chappelle Construction Inc
Bought by
Newmark Zephron G and Newmark Sarah B
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
Patton Seth A $1,075,000 Chicago Title
Loeser Derek W $965,000 Chicago Title
Newmark Zephron G $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Seth E $150,000
Open Patton Seth A $860,000
Previous Owner Loeser Derek W $412,876
Previous Owner Loeser Derek W $218,500
Previous Owner Loeser Derek W $650,000
Closed Loeser Derek W $218,500
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 $13,709 $2,092,000 $1,177,000 $915,000
2023 $13,538 $1,965,000 $1,111,000 $854,000
2022 $12,108 $2,198,000 $1,250,000 $948,000
2021 $11,623 $1,643,000 $1,029,000 $614,000
2020 $11,415 $1,451,000 $980,000 $471,000
2018 $11,077 $1,414,000 $794,000 $620,000
2017 $9,358 $1,276,000 $718,000 $558,000
2016 $8,708 $1,149,000 $657,000 $492,000
2015 $8,395 $1,041,000 $595,000 $446,000
2014 -- $959,000 $550,000 $409,000
2013 -- $869,000 $538,000 $331,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Fruitland - El Dorado

3402 97th Ave SE, Mercer Island, WA

This home is located at 3402 97th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,611,480, approximately $796 per square foot. 3402 97th 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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