4140 W Mercer Way Mercer Island, WA 98040
Mercerdale NeighborhoodEstimated Value: $3,026,000 - $3,487,000
4
Beds
3
Baths
4,240
Sq Ft
$782/Sq Ft
Est. Value
About This Home
This home is located at 4140 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,316,427, approximately $782 per square foot. 4140 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
Aug 21, 2003
Sold by
Hemstad Jan R and Hemstad Darcy M
Bought by
Mansfield Michael J and Mansfield Margo E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,365
Outstanding Balance
$360,729
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,955,698
Purchase Details
Closed on
Jun 19, 1995
Sold by
Hitchcock Paul H and Hitchcock Helen L
Bought by
Hemstad Jan R and Hemstad Darcy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
7.75%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mansfield Michael J | $1,171,950 | Transnation Ti | |
| Hemstad Jan R | $595,000 | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mansfield Michael J | $820,365 | |
| Previous Owner | Hemstad Jan R | $446,250 |
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 | $18,617 | $2,842,000 | $1,541,000 | $1,301,000 |
| 2023 | $18,663 | $2,720,000 | $1,454,000 | $1,266,000 |
| 2022 | $16,751 | $3,042,000 | $1,636,000 | $1,406,000 |
| 2021 | $16,790 | $2,274,000 | $1,347,000 | $927,000 |
| 2020 | $16,104 | $2,097,000 | $1,283,000 | $814,000 |
| 2018 | $15,620 | $1,995,000 | $1,118,000 | $877,000 |
| 2017 | $13,637 | $1,800,000 | $1,011,000 | $789,000 |
| 2016 | $12,684 | $1,675,000 | $925,000 | $750,000 |
| 2015 | $12,224 | $1,517,000 | $838,000 | $679,000 |
| 2014 | -- | $1,397,000 | $775,000 | $622,000 |
| 2013 | -- | $1,209,000 | $673,000 | $536,000 |
Source: Public Records
Map
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