NOT LISTED FOR SALE

6753 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,753,000 - $6,010,000

3 Beds
4 Baths
2,760 Sq Ft
$1,853/Sq Ft Est. Value

About This Home

This home is located at 6753 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,114,666, approximately $1,853 per square foot. 6753 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
Sep 14, 2009
Sold by
Bortles Lynel I
Bought by
Velamoor Gautam Rangaraj and Velamoor Minakshi Krishna
Current Estimated Value
$5,114,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2006
Sold by
Bortles Ira and Bortles Larry L
Bought by
Bortles Ira and Bortles Larry L

Purchase Details

Closed on
Dec 4, 1998
Sold by
Bortles Ira and Bortles Evelyn
Bought by
Bortles Ira and Bortles Evelyn

Purchase Details

Closed on
Jul 2, 1998
Sold by
Bortles Ira and Bortles Evelyn
Bought by
Bortles Ira and Bortles Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.03%

Purchase Details

Closed on
Jan 16, 1997
Sold by
Bortles Ira and Bortles Evelyn
Bought by
Bortles Ira and Bortles Evelyn

Purchase Details

Closed on
Sep 11, 1996
Sold by
Bortles Ira and Bortles Evelyn
Bought by
Bortles Ira and Bortles Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.23%

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Velamoor Gautam Rangaraj $775,000 Chicago Title
Bortles Ira -- None Available
Bortles Ira -- Transnation Title Insurance
Bortles Ira -- Transnation Title Insurance
Bortles Ira -- Transnation Title Insurance
Bortles Ira -- Evergreen Title Company Inc
Bortles Ira -- Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velamoor Gautam Rangaraj $1,000,000
Closed Velamoor Gautam Rangaraj $1,000,000
Open Velamoor Gautam Rangaraj $1,940,000
Closed Velamoor Gautam $2,210,000
Closed Velamoor Gautam Rangaraj $567,500
Previous Owner Bortles Ira $300,000
Previous Owner Bortles Ira $200,000
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 $32,843 $5,016,000 $1,688,000 $3,328,000
2023 $33,049 $4,801,000 $1,593,000 $3,208,000
2022 $29,548 $5,369,000 $1,792,000 $3,577,000
2021 $29,612 $4,013,000 $1,475,000 $2,538,000
2020 $32,270 $3,700,000 $1,405,000 $2,295,000
2018 $38,910 $4,972,000 $1,154,000 $3,818,000
2017 $27,472 $4,486,000 $1,044,000 $3,442,000
2016 $21,029 $3,376,000 $955,000 $2,421,000
2015 $8,623 $2,516,000 $865,000 $1,651,000
2014 -- $985,000 $800,000 $185,000
2013 -- $964,000 $809,000 $155,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

6753 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 6753 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,114,666, approximately $1,853 per square foot. 6753 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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