6550 W Mercer Way Mercer Island, WA 98040
Scalzo Scar NeighborhoodEstimated Value: $1,864,000 - $2,581,000
3
Beds
3
Baths
2,690
Sq Ft
$851/Sq Ft
Est. Value
About This Home
This home is located at 6550 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,289,319, approximately $851 per square foot. 6550 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
Jul 6, 2007
Sold by
Fraback Alan L
Bought by
Han Eunjoo and Kim Jeansok J
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
$500,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 2001
Sold by
Fraback Anne Marie
Bought by
Fraback Alan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
2.95%
Purchase Details
Closed on
Jun 30, 1997
Sold by
Fraback Karen J
Bought by
Fraback Alan L
Purchase Details
Closed on
Sep 21, 1993
Sold by
Baxstrom Theodre J and Baxstrom Kathleen J
Bought by
Fraback Alan L and Fraback Karen J
Purchase Details
Closed on
Oct 14, 1992
Sold by
Kustin James I
Bought by
Baxstrom Theodore J and Baxstrom Kathleen J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Han Eunjoo | $1,140,000 | Transnation Ti | |
| Fraback Alan L | -- | Transnation Title Insurance | |
| Fraback Alan L | -- | Old Republic Title Ltd | |
| Fraback Alan L | $424,000 | -- | |
| Baxstrom Theodore J | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kim Jeansok J | $150,000 | |
| Closed | Han Eunjoo | $100,000 | |
| Closed | Kim Jeansok J | $580,500 | |
| Closed | Kim Jeansok J | $100,000 | |
| Closed | Kim Jeansok J | $506,000 | |
| Closed | Kim Jeanson J | $100,000 | |
| Previous Owner | Han Eunjoo | $500,000 | |
| Previous Owner | Fraback Alan L | $198,000 | |
| Previous Owner | Fraback Alan L | $315,000 |
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 | $12,158 | $1,855,000 | $1,182,000 | $673,000 |
| 2023 | $12,238 | $1,776,000 | $1,116,000 | $660,000 |
| 2022 | $10,945 | $1,987,000 | $1,256,000 | $731,000 |
| 2021 | $10,975 | $1,485,000 | $1,034,000 | $451,000 |
| 2020 | $11,415 | $1,370,000 | $985,000 | $385,000 |
| 2018 | $11,077 | $1,414,000 | $830,000 | $584,000 |
| 2017 | $9,675 | $1,276,000 | $751,000 | $525,000 |
| 2016 | $9,000 | $1,188,000 | $687,000 | $501,000 |
| 2015 | $8,675 | $1,076,000 | $622,000 | $454,000 |
| 2014 | -- | $991,000 | $575,000 | $416,000 |
| 2013 | -- | $820,000 | $515,000 | $305,000 |
Source: Public Records
Map
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