4841 W Mercer Way Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $2,410,000 - $2,611,000
4
Beds
3
Baths
3,070
Sq Ft
$814/Sq Ft
Est. Value
About This Home
This home is located at 4841 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,498,258, approximately $813 per square foot. 4841 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
Jul 18, 2001
Sold by
Raisio James E
Bought by
Mitchell Ronald L and Hritzay Anne E
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
$580,000
Interest Rate
7.15%
Purchase Details
Closed on
Dec 19, 1997
Sold by
Raisio James E and Raisio Joanne
Bought by
Raisio James E and Raisio Joanne
Purchase Details
Closed on
Jun 27, 1996
Sold by
Stetson Basil W and Stetson Alice G
Bought by
Raisio James E and Raisio Joanne R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.62%
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 |
|---|---|---|---|
| Mitchell Ronald L | $725,000 | Transnation Title Insurance | |
| Raisio James E | -- | -- | |
| Raisio James E | $464,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mitchell Ronald L | $505,712 | |
| Closed | Mitchell Ronald L | $506,000 | |
| Closed | Mitchell Ronald L | $72,500 | |
| Closed | Mitchell Ronald L | $580,000 | |
| Previous Owner | Raisio James E | $190,000 |
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 | $13,140 | $2,005,000 | $1,408,000 | $597,000 |
| 2023 | $13,178 | $1,919,000 | $1,329,000 | $590,000 |
| 2022 | $11,828 | $2,147,000 | $1,496,000 | $651,000 |
| 2021 | $11,855 | $1,605,000 | $1,232,000 | $373,000 |
| 2020 | $12,220 | $1,480,000 | $1,174,000 | $306,000 |
| 2018 | $11,857 | $1,514,000 | $887,000 | $627,000 |
| 2017 | $10,017 | $1,366,000 | $802,000 | $564,000 |
| 2016 | $9,318 | $1,230,000 | $734,000 | $496,000 |
| 2015 | $8,981 | $1,114,000 | $665,000 | $449,000 |
| 2014 | -- | $1,026,000 | $615,000 | $411,000 |
| 2013 | -- | $871,000 | $621,000 | $250,000 |
Source: Public Records
Map
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