5806 E Mercer Way Mercer Island, WA 98040
Parkwood - Mercer Firs NeighborhoodEstimated Value: $3,543,000 - $5,186,532
            
                4
                Beds
            
            
            
                5
                Baths
            
            
            
                5,467
                Sq Ft
            
            
                
                    $846/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5806 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $4,626,844, approximately $846 per square foot. 5806 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, 2012
            
        
                Sold by
            
            
                Schwab Anne
            
        
                Bought by
            
            
                Gunderson Richard
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Aug 27, 1996
            
        
                Sold by
            
            
                Gunderson Richard W and Gunderson Richard
            
        
                Bought by
            
            
                Gunderson Richard W and Schwab Anne M
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $1,000,000
            
        
                Outstanding Balance
            
            
                $73,244
            
        
                Interest Rate
            
            
                6.5%
            
        
                Mortgage Type
            
            
                Construction
            
        
                Estimated Equity
            
            
                $4,553,600
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Gunderson Richard | -- | Chicago Title Insurance Co | |
| Gunderson Richard W | -- | Chicago Title Insurance Co | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Gunderson Richard W | $1,000,000 | 
                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 | $29,591 | $4,519,000 | $2,511,000 | $2,008,000 | 
| 2023 | $29,217 | $4,244,000 | $2,369,000 | $1,875,000 | 
| 2022 | $26,119 | $4,746,000 | $2,665,000 | $2,081,000 | 
| 2021 | $25,069 | $3,547,000 | $2,194,000 | $1,353,000 | 
| 2020 | $23,918 | $3,132,000 | $2,090,000 | $1,042,000 | 
| 2018 | $26,043 | $3,110,000 | $1,703,000 | $1,407,000 | 
| 2017 | $22,527 | $3,002,000 | $1,638,000 | $1,364,000 | 
| 2016 | $20,953 | $2,768,000 | $1,498,000 | $1,270,000 | 
| 2015 | $20,187 | $2,507,000 | $1,356,000 | $1,151,000 | 
| 2014 | -- | $2,308,000 | $1,254,000 | $1,054,000 | 
| 2013 | -- | $2,038,000 | $1,259,000 | $779,000 | 
                Source: Public Records
                    
            
        Map
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