NOT LISTED FOR SALE

4036 E Mercer Way Mercer Island, WA 98040

East Mercer Neighborhood

Estimated Value: $5,081,401 - $5,696,000

5 Beds
5 Baths
4,290 Sq Ft
$1,249/Sq Ft Est. Value

About This Home

This home is located at 4036 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,360,350, approximately $1,249 per square foot. 4036 E Mercer Way 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 6, 2013
Sold by
Lee Lewis C and Lee Sarah M
Bought by
Mehta Vivek K and Mehta Sonya P
Current Estimated Value
$5,360,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,443,400
Outstanding Balance
$353,387
Interest Rate
2.61%
Mortgage Type
New Conventional
Estimated Equity
$5,158,326

Purchase Details

Closed on
Sep 20, 2004
Sold by
Milano Shelley Brown
Bought by
Lee Lewis C and Lee Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,016,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2002
Sold by
Lanza Gregg S
Bought by
Milano Shelley Brown and Lanza Shelley B

Purchase Details

Closed on
Mar 12, 1998
Sold by
Kessler Robert R and Kessler Muriel F
Bought by
Lanza Gregg S and Lanza Shelley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
7.11%

Purchase Details

Closed on
Apr 16, 1992
Sold by
Kessler Robert R and Kessler Muriel F
Bought by
Kessler Robert R and Kessler Muriel F
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
Mehta Vivek K $2,062,000 Chicago Title
Lee Lewis C $2,520,000 Transnation Ti
Milano Shelley Brown -- --
Lanza Gregg S $1,195,000 Chicago Title Insurance Co
Kessler Robert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Vivek K $1,443,400
Previous Owner Lee Lewis C $500,000
Previous Owner Lee Lewis C $1,774,000
Previous Owner Lee Lewis C $2,016,000
Previous Owner Lanza Gregg S $605,000
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 $29,211 $4,461,000 $2,819,000 $1,642,000
2023 $29,396 $4,270,000 $2,660,000 $1,610,000
2022 $26,288 $4,776,000 $2,993,000 $1,783,000
2021 $26,349 $3,570,000 $2,464,000 $1,106,000
2020 $24,218 $3,292,000 $2,347,000 $945,000
2018 $26,372 $3,149,000 $1,826,000 $1,323,000
2017 $23,023 $3,040,000 $1,756,000 $1,284,000
2016 $21,413 $2,829,000 $1,606,000 $1,223,000
2015 $20,633 $2,562,000 $1,454,000 $1,108,000
2014 -- $2,359,000 $1,344,000 $1,015,000
2013 -- $2,254,000 $1,369,000 $885,000
Source: Public Records

Map

Washington King County Mercer Island 98040 East Mercer

4036 E Mercer Way, Mercer Island, WA

This home is located at 4036 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,360,350, approximately $1,249 per square foot. 4036 E Mercer Way 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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