4261 W Mercer Way Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $4,570,000 - $5,555,000
3
Beds
4
Baths
3,950
Sq Ft
$1,254/Sq Ft
Est. Value
About This Home
This home is located at 4261 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $4,953,567, approximately $1,254 per square foot. 4261 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 28, 2019
Sold by
12 Evergreen Lane Llc
Bought by
Phillips Nicholas and Phillips Angelique
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
$2,380,000
Outstanding Balance
$2,081,052
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,786,535
Purchase Details
Closed on
Apr 27, 2015
Sold by
Lorig Alison Conant
Bought by
12 Evergreen Lane Llc
Purchase Details
Closed on
Apr 18, 2015
Sold by
Lorig Reilly Holmes
Bought by
Evergreen Lane Llc
Purchase Details
Closed on
May 10, 2000
Sold by
Lorig Bruce C
Bought by
Long Bruce Chandler
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 |
|---|---|---|---|
| Phillips Nicholas | $3,400,000 | Chicago Title Company Of Wa | |
| 12 Evergreen Lane Llc | -- | None Available | |
| 12 Evergreen Lane Llc | -- | None Available | |
| Lorig Carleton Graham | -- | None Available | |
| Lorig Carleton Graham | -- | None Available | |
| Evergreen Lane Llc | -- | None Available | |
| Long Bruce Chandler | -- | -- | |
| Lorig Andrea Holmes | -- | -- | |
| Lorig Bruce C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phillips Nicholas | $2,380,000 |
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 | $30,750 | $4,696,000 | $3,009,000 | $1,687,000 |
| 2023 | $30,359 | $4,410,000 | $2,839,000 | $1,571,000 |
| 2022 | $27,142 | $4,932,000 | $3,194,000 | $1,738,000 |
| 2021 | $26,053 | $3,686,000 | $2,629,000 | $1,057,000 |
| 2020 | $26,366 | $3,255,000 | $2,504,000 | $751,000 |
| 2018 | $25,583 | $3,268,000 | $1,944,000 | $1,324,000 |
| 2017 | $22,332 | $2,949,000 | $1,758,000 | $1,191,000 |
| 2016 | $20,770 | $2,744,000 | $1,607,000 | $1,137,000 |
| 2015 | $20,013 | $2,485,000 | $1,455,000 | $1,030,000 |
| 2014 | -- | $2,288,000 | $1,345,000 | $943,000 |
| 2013 | -- | $2,074,000 | $1,331,000 | $743,000 |
Source: Public Records
Map
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