4701 W Mercer Way Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $1,602,000 - $2,473,000
4
Beds
3
Baths
1,570
Sq Ft
$1,399/Sq Ft
Est. Value
About This Home
This home is located at 4701 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,197,045, approximately $1,399 per square foot. 4701 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
Dec 21, 1993
Sold by
Karr R Carleton and Karr Nadine J
Bought by
Posmantur Richard A and Barnow Felice H
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
$272,000
Interest Rate
5.75%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Posmantur Richard A | $340,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Posmantur Richard A | $272,000 |
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 | $13,905 | $2,122,000 | $1,796,000 | $326,000 |
| 2023 | $13,992 | $2,031,000 | $1,695,000 | $336,000 |
| 2022 | $12,513 | $2,272,000 | $1,907,000 | $365,000 |
| 2021 | $12,543 | $1,698,000 | $1,570,000 | $128,000 |
| 2020 | $11,107 | $1,566,000 | $1,496,000 | $70,000 |
| 2018 | $10,782 | $1,376,000 | $1,227,000 | $149,000 |
| 2017 | $9,415 | $1,242,000 | $1,110,000 | $132,000 |
| 2016 | $8,758 | $1,156,000 | $1,015,000 | $141,000 |
| 2015 | $8,439 | $1,047,000 | $919,000 | $128,000 |
| 2014 | -- | $964,000 | $850,000 | $114,000 |
| 2013 | -- | $886,000 | $809,000 | $77,000 |
Source: Public Records
Map
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