NOT LISTED FOR SALE

8416 SE 53rd Place Mercer Island, WA 98040

Parkwest Neighborhood

Estimated Value: $2,030,000 - $2,365,000

4 Beds
3 Baths
2,640 Sq Ft
$829/Sq Ft Est. Value

About This Home

This home is located at 8416 SE 53rd Place, Mercer Island, WA 98040 and is currently estimated at $2,189,422, approximately $829 per square foot. 8416 SE 53rd Place 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
Apr 12, 2016
Sold by
Chasan Neil P and Chasan Melissa C
Bought by
Burns Steven and Burns Marlene
Current Estimated Value
$2,189,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$634,563
Interest Rate
3.68%
Estimated Equity
$1,569,375

Purchase Details

Closed on
Apr 2, 1996
Sold by
Lowe James H and Bannon Susan Blanche
Bought by
Chasan Neil P and Chasan Melissa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.34%

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

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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
Burns Steven $975,000 Ticor National
Chasan Neil P $435,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Steven $780,000
Previous Owner Chasan Neil P $140,000
Previous Owner Chasan Neil P $82,000
Previous Owner Chasan Neil P $38,000
Previous Owner Chasan Neil P $570,000
Previous Owner Chasan Neil P $125,000
Previous Owner Chasan Neil P $207,000
Closed Chasan Neil P $28,000
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 $12,446 $1,899,000 $1,260,000 $639,000
2023 $12,246 $1,784,000 $1,189,000 $595,000
2022 $10,989 $1,995,000 $1,338,000 $657,000
2021 $10,551 $1,491,000 $1,102,000 $389,000
2020 $10,452 $1,317,000 $1,050,000 $267,000
2018 $10,140 $1,294,000 $1,010,000 $284,000
2017 $8,488 $1,168,000 $914,000 $254,000
2016 $7,898 $1,042,000 $836,000 $206,000
2015 $7,609 $944,000 $757,000 $187,000
2014 -- $869,000 $700,000 $169,000
2013 -- $789,000 $554,000 $235,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Parkwest

8416 SE 53rd Place, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8416 SE 53rd Place, Mercer Island, WA 98040 and is currently estimated at $2,189,422, approximately $829 per square foot. 8416 SE 53rd Place 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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