NOT LISTED FOR SALE

3661 W Mercer Way Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $4,825,000 - $9,191,000

5 Beds
5 Baths
6,360 Sq Ft
$1,123/Sq Ft Est. Value

About This Home

This home is located at 3661 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $7,139,255, approximately $1,122 per square foot. 3661 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
Jun 6, 2018
Sold by
Tonkin Mathew E and Tonkin Gayle E
Bought by
Morgan Michael E and Ladybug Trust
Current Estimated Value
$7,139,255

Purchase Details

Closed on
May 31, 1996
Sold by
Lanz Bernard G and Lanz Margaret
Bought by
Tonkin Mathew E and Tonkin Gayle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 31, 1993
Sold by
Baumann Samuel C & Gloria (Tr)
Bought by
Lanz Bernard G and Lanz Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Morgan Michael E $7,750,000 Old Republic Title Ltd
Tonkin Mathew E $1,037,500 Chicago Title Insurance Co
Lanz Bernard G $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tonkin Mathew E $750,000
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 $52,462 $8,014,000 $3,947,000 $4,067,000
2023 $51,607 $7,526,000 $3,724,000 $3,802,000
2022 $46,311 $8,417,000 $4,190,000 $4,227,000
2021 $44,450 $6,291,000 $3,449,000 $2,842,000
2020 $47,488 $5,555,000 $3,285,000 $2,270,000
2018 $49,281 $5,887,000 $3,065,000 $2,822,000
2017 $43,015 $5,682,000 $2,948,000 $2,734,000
2016 $40,006 $5,287,000 $2,695,000 $2,592,000
2015 $38,544 $4,788,000 $2,439,000 $2,349,000
2014 -- $4,408,000 $2,255,000 $2,153,000
2013 -- $4,315,000 $2,413,000 $1,902,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Mercerdale

3661 W Mercer Way, Mercer Island, WA

Not Listed for Sale

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