5411 W Mercer Way Mercer Island, WA 98040
Groveland NeighborhoodEstimated Value: $3,432,000 - $3,883,000
4
Beds
3
Baths
3,290
Sq Ft
$1,094/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 $3,599,528, approximately $1,094 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
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
Outstanding Balance
$485,353
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$3,114,175
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
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 |
|---|---|---|---|
| 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 | $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
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
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