4238 W Mercer Way Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $1,773,000 - $2,492,000
4
Beds
3
Baths
2,910
Sq Ft
$766/Sq Ft
Est. Value
About This Home
This home is located at 4238 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,227,618, approximately $765 per square foot. 4238 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
May 24, 2001
Sold by
Lieppman Robert
Bought by
Berg Elaine D
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
$492,000
Outstanding Balance
$198,382
Interest Rate
7.15%
Estimated Equity
$1,964,947
Purchase Details
Closed on
Jan 22, 1998
Sold by
Davis Ruth
Bought by
Alben Alexander D and Alben Ellen B
Purchase Details
Closed on
May 25, 1994
Sold by
Kesler Carl J and Kesler Deborah S
Bought by
Davis Ruth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,400
Interest Rate
4.62%
Purchase Details
Closed on
Sep 16, 1993
Sold by
Drobnack Gary W and Drobnack Mary K
Bought by
Kesler Carl J and Kesler Deborah S
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 |
|---|---|---|---|
| Berg Elaine D | -- | Chicago Title Insurance Co | |
| Berg Elaine D | $615,000 | Chicago Title Insurance Co | |
| Alben Alexander D | -- | -- | |
| Davis Ruth | $372,000 | -- | |
| Kesler Carl J | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Berg Elaine D | $150,000 | |
| Closed | Berg Elaine D | $182,000 | |
| Open | Berg Elaine D | $492,000 | |
| Previous Owner | Davis Ruth | $260,400 |
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 | $11,765 | $1,795,000 | $1,157,000 | $638,000 |
| 2023 | $11,578 | $1,686,000 | $1,092,000 | $594,000 |
| 2022 | $10,393 | $1,886,000 | $1,229,000 | $657,000 |
| 2021 | $9,976 | $1,410,000 | $1,012,000 | $398,000 |
| 2020 | $9,671 | $1,245,000 | $964,000 | $281,000 |
| 2018 | $9,377 | $1,197,000 | $794,000 | $403,000 |
| 2017 | $7,919 | $1,080,000 | $718,000 | $362,000 |
| 2016 | $7,372 | $972,000 | $657,000 | $315,000 |
| 2015 | $7,102 | $881,000 | $595,000 | $286,000 |
| 2014 | -- | $811,000 | $550,000 | $261,000 |
| 2013 | -- | $700,000 | $476,000 | $224,000 |
Source: Public Records
Map
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