NOT LISTED FOR SALE

4545 W Mercer Way Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $5,153,819 - $5,678,000

6 Beds
6 Baths
5,300 Sq Ft
$1,011/Sq Ft Est. Value

About This Home

This home is located at 4545 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,355,705, approximately $1,010 per square foot. 4545 W 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
May 5, 2004
Sold by
Sirva Relocation Llc
Bought by
Katsman Ralph J and Katsman Lisa J
Current Estimated Value
$5,355,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Salus Eric S and Salus Carol B
Bought by
Sirva Relocation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2002
Sold by
Gwinn J Steven and Gwinn Tammy L
Bought by
Barenborg David N and Barenborg Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
7.13%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Hsu Nam Jun and Hsu Chung Ying Huang
Bought by
Gwinn J Steven and Gwinn Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,230
Interest Rate
7.93%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

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ICE

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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
Katsman Ralph J $2,275,000 Stewart Title
Sirva Relocation Llc $2,275,000 Stewart Title
Barenborg David N $2,350,000 Transnation Title Insurance
Gwinn J Steven $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katsman Ralph J $1,120,000
Closed Katsman Ralph J $1,120,000
Closed Katsman Ralph J $1,242,500
Closed Katsman Ralph J $1,247,054
Closed Katsman Ralph J $915,350
Closed Katsman Ralph J $1,000,000
Closed Katsman Ralph J $390,000
Closed Katsman Ralph J $312,500
Closed Katsman Ralph J $1,500,000
Previous Owner Barenborg David N $300,700
Previous Owner Gwinn J Steven $678,230
Closed Katsman Ralph J $320,000
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 $26,869 $4,103,000 $1,986,000 $2,117,000
2023 $27,036 $3,927,000 $1,874,000 $2,053,000
2022 $24,176 $4,392,000 $2,109,000 $2,283,000
2021 $24,229 $3,283,000 $1,736,000 $1,547,000
2020 $25,158 $3,027,000 $1,654,000 $1,373,000
2018 $24,404 $3,118,000 $1,458,000 $1,660,000
2017 $21,307 $2,813,000 $1,319,000 $1,494,000
2016 $19,817 $2,618,000 $1,206,000 $1,412,000
2015 $19,095 $2,371,000 $1,092,000 $1,279,000
2014 -- $2,183,000 $1,010,000 $1,173,000
2013 -- $1,814,000 $963,000 $851,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Forest Avenue

4545 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4545 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,355,705, approximately $1,010 per square foot. 4545 W 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.

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