NOT LISTED FOR SALE

8404 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,261,000 - $2,947,135

5 Beds
4 Baths
3,590 Sq Ft
$703/Sq Ft Est. Value

About This Home

This home is located at 8404 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,525,534, approximately $703 per square foot. 8404 W Mercer Way is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2004
Sold by
Showalter Michael P and Showalter Janet
Bought by
Olson Maurice L and Olson Lillian Joan
Current Estimated Value
$2,525,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,700
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 1989
Sold by
Look Robert A and Mary Jo
Bought by
Showalter Michael P and Showalter Janet E
Source: Public Records

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

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

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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
Olson Maurice L $448,000 Chicago Title
Showalter Michael P $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Showalter Michael P $850,000
Closed Showalter Michael P $628,000
Closed Showalter Michael P $706,500
Closed Showalter Michael P $200,000
Closed Showalter Michael P $63,750
Closed Showalter Michael P $784,700
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 $14,540 $2,219,000 $1,467,000 $752,000
2023 $14,581 $2,124,000 $1,384,000 $740,000
2022 $12,756 $2,376,000 $1,557,000 $819,000
2021 $12,535 $1,731,000 $1,282,000 $449,000
2020 $12,173 $1,565,000 $1,221,000 $344,000
2018 $10,504 $1,341,000 $1,035,000 $306,000
2017 $8,870 $1,210,000 $936,000 $274,000
2016 $8,257 $1,089,000 $856,000 $233,000
2015 $7,958 $987,000 $775,000 $212,000
2014 -- $909,000 $717,000 $192,000
2013 -- $929,000 $622,000 $307,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

8404 W Mercer Way, Mercer Island, WA

This home is located at 8404 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,525,534, approximately $703 per square foot. 8404 W Mercer Way is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

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