NOT LISTED FOR SALE

5411 W Mercer Way Mercer Island, WA 98040

Groveland Neighborhood

Estimated Value: $3,377,000 - $4,665,000

4 Beds
3 Baths
3,290 Sq Ft
$1,183/Sq Ft Est. Value

About This Home

This home is located at 5411 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,891,275, approximately $1,182 per square foot. 5411 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 10, 2010
Sold by
Solstice Properties Northwest Llc
Bought by
Feldman Mark S and Feldman Heather L
Current Estimated Value
$3,891,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2007
Sold by
Sanderson Elizabeth J and Wiens Victor
Bought by
Solstice Properties Northwest Llc

Purchase Details

Closed on
Dec 10, 1999
Sold by
Burke Michael T
Bought by
Sanderson Burke Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,062,500
Interest Rate
7.82%

Purchase Details

Closed on
Dec 9, 1999
Sold by
Fowler Gary E and Fowler Susan M
Bought by
Sanderson Burke Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,062,500
Interest Rate
7.82%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Tonkin Matthew E and Tonkin Gayle N
Bought by
Fowler Gary E and Fowler Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6%

Purchase Details

Closed on
Jun 25, 1992
Sold by
Wahl Tracy E
Bought by
Tonkin Mathew E and Tonkin Gayle N

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
Feldman Mark S $1,050,000 Chicago Title
Solstice Properties Northwest Llc -- None Available
Sanderson Elizabeth J -- None Available
Sanderson Burke Elizabeth J -- Transnation Title Insurance
Sanderson Burke Elizabeth J $1,062,500 Transnation Title Insurance
Fowler Gary E $790,000 Transnation Title Insurance
Tonkin Mathew E $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldman Mark S $500,000
Closed Feldman Mark S $283,200
Closed Feldman Mark S $726,015
Closed Feldman Mark S $735,000
Previous Owner Sanderson Burke Elizabeth J $1,062,500
Previous Owner Fowler Gary E $480,000
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 $20,011 $3,055,000 $1,818,000 $1,237,000
2023 $19,687 $2,869,000 $1,716,000 $1,153,000
2022 $17,222 $3,209,000 $1,931,000 $1,278,000
2021 $16,534 $2,338,000 $1,590,000 $748,000
2020 $18,314 $2,065,000 $1,515,000 $550,000
2018 $16,568 $2,269,000 $1,300,000 $969,000
2017 $13,883 $2,047,000 $1,176,000 $871,000
2016 $12,803 $1,843,000 $1,075,000 $768,000
2015 $11,892 $1,669,000 $973,000 $696,000
2014 -- $1,359,000 $900,000 $459,000
2013 -- $1,212,000 $847,000 $365,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Groveland

5411 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 5411 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,891,275, approximately $1,182 per square foot. 5411 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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