NOT LISTED FOR SALE

3690 W Mercer Way Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $2,240,000 - $4,894,040

3 Beds
2 Baths
1,640 Sq Ft
$2,409/Sq Ft Est. Value

About This Home

This home is located at 3690 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,951,013, approximately $2,409 per square foot. 3690 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
May 17, 2016
Sold by
Lau Janet S
Bought by
Lau Janet S
Current Estimated Value
$3,951,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,099
Outstanding Balance
$162,307
Interest Rate
3.59%
Mortgage Type
Commercial
Estimated Equity
$3,788,706

Purchase Details

Closed on
Jul 31, 2005
Sold by
Kwan Lip Tung
Bought by
Lau Janet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 2002
Sold by
Sanders Donna M
Bought by
Kwan Lip Tung and Lau Janet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 20, 2002
Sold by
Sanders Donna M
Bought by
Sanders Donna M

Purchase Details

Closed on
Nov 12, 1991
Sold by
Sanders Darrell W
Bought by
Sanders Darrell W
Source: Public Records

Range of Values:

Collateral Analytics

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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
Lau Janet S -- None Available
Lau Janet S -- --
Kwan Lip Tung $529,000 First American Title Ins Co
Sanders Donna M -- --
Sanders Donna M -- --
Sanders Darrell W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Janet S $201,099
Closed Lau Janet S $200,000
Open Lau Janet S $500,000
Previous Owner Kwan Lip Tung $200,000
Previous Owner Kwan Lip Tung $529,000
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 $27,746 $4,237,000 $1,468,000 $2,769,000
2023 $30,370 $4,055,000 $1,385,000 $2,670,000
2022 $27,252 $4,952,000 $1,558,000 $3,394,000
2021 $23,285 $3,701,000 $1,283,000 $2,418,000
2020 $9,434 $2,909,000 $1,222,000 $1,687,000
2018 $9,152 $1,168,000 $869,000 $299,000
2017 $7,992 $1,054,000 $786,000 $268,000
2016 $7,438 $981,000 $719,000 $262,000
2015 $7,172 $889,000 $651,000 $238,000
2014 -- $819,000 $602,000 $217,000
2013 -- $626,000 $558,000 $68,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Mercerdale

3690 W Mercer Way, Mercer Island, WA

This home is located at 3690 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,951,013, approximately $2,409 per square foot. 3690 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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