NOT LISTED FOR SALE

4240 W Mercer Way Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $2,697,000 - $3,049,000

4 Beds
2 Baths
2,720 Sq Ft
$1,061/Sq Ft Est. Value

About This Home

This home is located at 4240 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,887,095, approximately $1,061 per square foot. 4240 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
Dec 19, 2016
Sold by
Nelson Nicole M
Bought by
Nelson Adam D and Nelson Nicole M
Current Estimated Value
$2,887,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$829,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2011
Sold by
Bayless Hayne and Bayless Julie
Bought by
Nelson Thomas H and Nelson Jane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2002
Sold by
Bayless Ruthanna
Bought by
Bayless Hayne and Bayless Julie

Purchase Details

Closed on
Oct 2, 1997
Sold by
Bayless Ruthanna
Bought by
Bayless Ruthanna

Purchase Details

Closed on
Feb 23, 1994
Sold by
Bayless Ruthanna
Bought by
Bayless Ruthanna
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Nelson Adam D -- Chicago Title
Nelson Nicole -- Chicago Title
Nelson Thomas H $700,000 Chicago Title
Bayless Hayne -- --
Bayless Ruthanna -- --
Bayless Ruthanna -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Adam D $1,110,000
Closed Nelson Adam D $1,127,000
Closed Nelson Adam D $829,500
Closed Nelson Thomas H $560,000
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 $18,997 $2,900,000 $2,270,000 $630,000
2023 $18,760 $2,724,000 $2,142,000 $582,000
2022 $16,354 $3,047,000 $2,410,000 $637,000
2021 $15,767 $2,220,000 $1,984,000 $236,000
2020 $13,026 $1,969,000 $1,899,000 $70,000
2018 $12,074 $1,613,000 $1,527,000 $86,000
2017 $10,367 $1,391,000 $1,381,000 $10,000
2016 $9,644 $1,273,000 $1,263,000 $10,000
2015 $9,340 $1,153,000 $1,143,000 $10,000
2014 -- $1,067,000 $1,057,000 $10,000
2013 -- $930,000 $857,000 $73,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Forest Avenue

4240 W Mercer Way, Mercer Island, WA

This home is located at 4240 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,887,095, approximately $1,061 per square foot. 4240 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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