5007 E Mercer Way Mercer Island, WA 98040
Appleton NeighborhoodEstimated Value: $2,080,000 - $2,269,000
3
Beds
3
Baths
2,590
Sq Ft
$835/Sq Ft
Est. Value
About This Home
This home is located at 5007 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,162,191, approximately $834 per square foot. 5007 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
Jul 15, 2003
Sold by
Alvord David M and Alvord Marie Christine
Bought by
Menon Krishnan R and Menon Neena
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
$543,200
Outstanding Balance
$229,549
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,932,642
Purchase Details
Closed on
Jul 11, 1996
Sold by
Williams Richard C and Williams Michele S
Bought by
Alvord David M and Alvord Marie Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.87%
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 |
|---|---|---|---|
| Menon Krishnan R | $679,000 | Transnation Ti | |
| Alvord David M | $410,000 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Menon Krishnan R | $543,200 | |
| Previous Owner | Alvord David M | $328,000 |
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 | $12,086 | $1,844,000 | $1,091,000 | $753,000 |
| 2023 | $11,935 | $1,732,000 | $1,030,000 | $702,000 |
| 2022 | $10,673 | $1,937,000 | $1,159,000 | $778,000 |
| 2021 | $10,248 | $1,448,000 | $954,000 | $494,000 |
| 2020 | $10,350 | $1,279,000 | $909,000 | $370,000 |
| 2018 | $10,045 | $1,282,000 | $843,000 | $439,000 |
| 2017 | $8,488 | $1,157,000 | $763,000 | $394,000 |
| 2016 | $7,898 | $1,042,000 | $698,000 | $344,000 |
| 2015 | $7,609 | $944,000 | $632,000 | $312,000 |
| 2014 | -- | $869,000 | $585,000 | $284,000 |
| 2013 | -- | $891,000 | $631,000 | $260,000 |
Source: Public Records
Map
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