NOT LISTED FOR SALE

4037 W Mercer Way Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $4,354,000 - $5,894,000

4 Beds
4 Baths
5,120 Sq Ft
$1,044/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 $5,343,811, approximately $1,043 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
$5,343,811

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
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
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 $1,655,000
Previous Owner Chatalas Bret W $1,676,000
Previous Owner Chatalas Bret W $1,180,000
Previous Owner Chatalas Bret W $1,744,000
Previous Owner Chatalas Bret W $1,931,000
Previous Owner Chatalas Bret W $500,000
Previous Owner Chatalas Bret W $2,000,000
Previous Owner Chatalas Bret W $2,000,000
Previous Owner Chatalas Bret W $2,800,000
Previous Owner Chatalas Bret W $1,275,000
Previous Owner Hunsaker Patrick K $5,500,000
Previous Owner Hunsaker Patrick $348,750
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 $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

Washington King County Mercer Island 98040 Mercerdale

4037 W Mercer Way, Mercer Island, WA

This home is located at 4037 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,343,811, approximately $1,043 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.

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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