NOT LISTED FOR SALE

5026 W Mercer Way Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $2,452,000 - $2,901,000

5 Beds
4 Baths
3,060 Sq Ft
$883/Sq Ft Est. Value

About This Home

This home is located at 5026 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,700,780, approximately $882 per square foot. 5026 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 12, 2008
Sold by
Herr Robert D
Bought by
Mertz Belinda A
Current Estimated Value
$2,700,780

Purchase Details

Closed on
Jan 6, 2000
Sold by
Bell Richard and Hanks Bell Marion J
Bought by
Herr Robert D and Mertz Belinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
7.44%

Purchase Details

Closed on
May 16, 1994
Sold by
Spear Linda B
Bought by
Bell Richard H and Hanks Bell Marion J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
8.52%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Mertz Belinda A -- None Available
Herr Robert D $725,000 Chicago Title Insurance Co
Bell Richard H $465,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mertz Belinda Ann $228,200
Previous Owner Herr Robert D $735,000
Previous Owner Herr Robert D $500,000
Previous Owner Herr Robert D $252,700
Previous Owner Bell Richard H $325,500
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 $14,802 $2,259,000 $1,370,000 $889,000
2023 $14,618 $2,122,000 $1,293,000 $829,000
2022 $13,072 $2,373,000 $1,455,000 $918,000
2021 $12,551 $1,774,000 $1,198,000 $576,000
2020 $12,654 $1,567,000 $1,141,000 $426,000
2018 $12,273 $1,567,000 $994,000 $573,000
2017 $10,717 $1,414,000 $899,000 $515,000
2016 $9,969 $1,316,000 $822,000 $494,000
2015 $9,610 $1,192,000 $744,000 $448,000
2014 -- $1,098,000 $688,000 $410,000
2013 -- $980,000 $603,000 $377,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Forest Avenue

5026 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 5026 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,700,780, approximately $882 per square foot. 5026 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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