4037 W Mercer Way Mercer Island, WA 98040
Mercerdale NeighborhoodEstimated Value: $4,155,000 - $6,197,000
4
Beds
4
Baths
5,120
Sq Ft
$1,068/Sq Ft
Est. Value
About This Home
This home is located at 4037 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,467,601, approximately $1,067 per square foot. 4037 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
Jul 23, 2024
Sold by
Chatalas Bret W and Chatalas Angela R
Bought by
Chatalas Living Trust and Chatalas
Current Estimated Value
Purchase Details
Closed on
Dec 18, 2007
Sold by
Hunsaker Patrick K and Hunsaker Ann Marie
Bought by
Chatalas Bret W and Chatalas Angela R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 19, 2004
Sold by
The Fairmont Development Corp
Bought by
Hunsaker Patrick and Hunsaker Ann Marie
Purchase Details
Closed on
Dec 20, 1995
Sold by
Matthews Linda V and Clark Virginia M
Bought by
Hunsaker Patrick and Hunsaker Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
6.6%
Purchase Details
Closed on
Sep 25, 1992
Sold by
Vinal Ariel Dahlquist
Bought by
Vinal Grantor Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chatalas Living Trust | $313 | None Listed On Document | |
| Chatalas Bret W | $1,700,000 | Pacific Nw Tit | |
| Hunsaker Patrick | $1,000 | Chicago Title | |
| Hunsaker Patrick | $465,000 | Stewart Title | |
| Vinal Grantor Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chatalas Bret W | $1,275,000 | |
| Previous Owner | Hunsaker Patrick | $348,750 |
Source: Public Records
Tax History Compared to Growth
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 | $34,237 | $5,229,000 | $2,281,000 | $2,948,000 |
| 2023 | $33,806 | $4,911,000 | $2,152,000 | $2,759,000 |
| 2022 | $30,225 | $5,492,000 | $2,421,000 | $3,071,000 |
| 2021 | $29,012 | $4,105,000 | $1,993,000 | $2,112,000 |
| 2020 | $32,167 | $3,625,000 | $1,899,000 | $1,726,000 |
| 2018 | $31,202 | $3,987,000 | $1,734,000 | $2,253,000 |
| 2017 | $27,236 | $3,597,000 | $1,568,000 | $2,029,000 |
| 2016 | $25,330 | $3,347,000 | $1,434,000 | $1,913,000 |
| 2015 | $24,400 | $3,031,000 | $1,298,000 | $1,733,000 |
| 2014 | -- | $2,790,000 | $1,200,000 | $1,590,000 |
| 2013 | -- | $3,182,000 | $1,157,000 | $2,025,000 |
Source: Public Records
Map
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