NOT LISTED FOR SALE

4140 W Mercer Way Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $3,380,000 - $3,602,000

4 Beds
3 Baths
4,240 Sq Ft
$822/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 $3,486,073, approximately $822 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
$3,486,073

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
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

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%
Source: Public Records

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

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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
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 Margo E $589,000
Closed Mansfield Margo E $563,500
Closed Mansfield Michael J $400,000
Closed Mansfield Michael J $825,000
Closed Mansfield Michael J $820,365
Previous Owner Hemstad Jan R $446,250
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 $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

Washington King County Mercer Island 98040 Mercerdale

4140 W Mercer Way, Mercer Island, WA

This home is located at 4140 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,486,073, approximately $822 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.

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