NOT LISTED FOR SALE

5650 E Mercer Way Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated Value: $3,790,269 - $4,815,000

6 Beds
6 Baths
5,491 Sq Ft
$780/Sq Ft Est. Value

About This Home

This home is located at 5650 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $4,282,567, approximately $779 per square foot. 5650 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
Dec 10, 2008
Sold by
Ridnell Anthony M
Bought by
Mehta Vivek K and Mehta Sonya Patel
Current Estimated Value
$4,282,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,250
Interest Rate
6.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 15, 2006
Sold by
Warn Autumn
Bought by
Ridnell Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 2006
Sold by
Stolzman Marc and Stolzman Lauren
Bought by
Ridnell Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 19, 2002
Sold by
Schiffman Laurie A
Bought by
Schiffman Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.7%

Purchase Details

Closed on
Aug 31, 1992
Sold by
Fowler W Berry
Bought by
Schiffman Steven P and Schiffman Laurie A

Range of Values:

Collateral Analytics

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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
Mehta Vivek K $1,675,000 Fidelity National Title
Ridnell Anthony M -- Chicago Title
Ridnell Anthony M $2,100,000 Chicago Title
Schiffman Steven P -- Lawyers Title Agency
Schiffman Steven P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Vivek $356,750
Open Mehta Vivek K $537,700
Open Mehta Vivek K $999,999
Closed Mehta Vivek K $256,250
Closed Mehta Vivek K $1,000,000
Previous Owner Ridnell Anthony M $185,000
Previous Owner Ridnell Anthony M $1,365,000
Previous Owner Ridnell Anthony M $210,000
Previous Owner Ridnell Anthony M $350,000
Previous Owner Ridnell Anthony M $1,470,000
Previous Owner Stolzman Marc $1,400,000
Previous Owner Schiffman Steven P $650,000
Previous Owner Schiffman Steven P $150,000
Previous Owner Schiffman Steven P $150,000
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 $23,185 $3,540,000 $1,626,000 $1,914,000
2023 $22,894 $3,325,000 $1,534,000 $1,791,000
2022 $19,952 $3,719,000 $1,726,000 $1,993,000
2021 $19,150 $2,709,000 $1,421,000 $1,288,000
2020 $20,595 $2,392,000 $1,354,000 $1,038,000
2018 $19,756 $2,552,000 $1,216,000 $1,336,000
2017 $16,687 $2,277,000 $1,100,000 $1,177,000
2016 $15,524 $2,050,000 $1,006,000 $1,044,000
2015 $14,960 $1,857,000 $911,000 $946,000
2014 -- $1,710,000 $842,000 $868,000
2013 -- $1,461,000 $775,000 $686,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Parkwood - Mercer Firs

5650 E Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 5650 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $4,282,567, approximately $779 per square foot. 5650 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.

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