4314 E Mercer Way Mercer Island, WA 98040
East Mercer NeighborhoodEstimated Value: $4,512,000 - $6,630,283
7
Beds
6
Baths
4,130
Sq Ft
$1,369/Sq Ft
Est. Value
About This Home
This home is located at 4314 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,652,821, approximately $1,368 per square foot. 4314 E Mercer Way is a home located in King County with nearby schools including Island Park Elementary School, Islander Middle School, and Mercer Island High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 22, 2004
Sold by
Witter Malcolm G and Witter Jacqueline D
Bought by
Strong Stephen K and Falterman Lorri J
Current Estimated Value
Purchase Details
Closed on
Jan 23, 1996
Sold by
Thilo Jane L
Bought by
Witter Malcolm G and Witter Jacqueline D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.25%
Purchase Details
Closed on
Dec 8, 1993
Sold by
Thilo Robert G and Thilo Jane L
Bought by
Thilo Jane L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
5%
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 |
|---|---|---|---|
| Strong Stephen K | $2,220,000 | Transnation Ti | |
| Witter Malcolm G | $1,245,000 | Commonwealth Land Title Ins | |
| Thilo Jane L | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Witter Malcolm G | $800,000 | |
| Previous Owner | Thilo Jane L | $1,155,000 |
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 | $39,066 | $5,967,000 | $3,138,000 | $2,829,000 |
| 2023 | $38,573 | $5,604,000 | $2,961,000 | $2,643,000 |
| 2022 | $34,486 | $6,267,000 | $3,331,000 | $2,936,000 |
| 2021 | $31,660 | $4,684,000 | $2,742,000 | $1,942,000 |
| 2020 | $32,964 | $3,956,000 | $2,612,000 | $1,344,000 |
| 2018 | $35,893 | $4,287,000 | $2,332,000 | $1,955,000 |
| 2017 | $30,311 | $4,138,000 | $2,243,000 | $1,895,000 |
| 2016 | $28,195 | $3,725,000 | $2,051,000 | $1,674,000 |
| 2015 | $27,163 | $3,374,000 | $1,857,000 | $1,517,000 |
| 2014 | -- | $3,106,000 | $1,717,000 | $1,389,000 |
| 2013 | -- | $2,871,000 | $1,680,000 | $1,191,000 |
Source: Public Records
Map
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