NOT LISTED FOR SALE

3870 W Mercer Way Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $1,546,000 - $2,302,613

4 Beds
3 Baths
2,300 Sq Ft
$884/Sq Ft Est. Value

About This Home

This home is located at 3870 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,032,653, approximately $883 per square foot. 3870 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
Dec 13, 2023
Sold by
Chen Chih Kuang Casey and Bihong Tang
Bought by
Chen Family Trust and Chen
Current Estimated Value
$2,032,653

Purchase Details

Closed on
Oct 12, 2005
Sold by
Monson Andrew E and Monson Jane G
Bought by
Chen Chih Kuang Casey and Chen Bihong Tang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

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
Chen Family Trust $313 None Listed On Document
Chen Chih Kuang Casey $805,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Chin Kuang Casey $417,000
Previous Owner Chen Chih Kuang Casey $450,500
Previous Owner Chen Chih Kuang Casey $644,000
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 $12,564 $1,917,000 $1,476,000 $441,000
2023 $12,369 $1,801,000 $1,393,000 $408,000
2022 $11,100 $2,015,000 $1,568,000 $447,000
2021 $10,655 $1,506,000 $1,291,000 $215,000
2020 $11,928 $1,330,000 $1,230,000 $100,000
2018 $11,571 $1,477,000 $974,000 $503,000
2017 $9,773 $1,333,000 $881,000 $452,000
2016 $9,092 $1,200,000 $806,000 $394,000
2015 $8,763 $1,087,000 $730,000 $357,000
2014 -- $1,001,000 $675,000 $326,000
2013 -- $812,000 $615,000 $197,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Mercerdale

3870 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 3870 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,032,653, approximately $883 per square foot. 3870 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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