8493 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $6,545,000 - $10,240,851
5
Beds
5
Baths
5,370
Sq Ft
$1,563/Sq Ft
Est. Value
About This Home
This home is located at 8493 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $8,392,926, approximately $1,562 per square foot. 8493 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 28, 2017
Sold by
Onetto Sally C and The Marc & Sally Onetto Living
Bought by
Human Lee and Human Sheryl
Current Estimated Value
Purchase Details
Closed on
Jun 1, 2007
Sold by
Wherry Cecil John and Lau Polly
Bought by
Onetto Marc A and Onetto Sally C
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
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 1999
Sold by
Lau Polly
Bought by
Wherry Cecil John
Purchase Details
Closed on
Sep 1, 1999
Sold by
Kishimoto Masayuki and Kishimoto Tamako
Bought by
Wherry Cecil John
Purchase Details
Closed on
Mar 17, 1995
Sold by
Piper John T and Piper Carol J
Bought by
Kishimoto Masayuki and Kishimoto Tamako
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
7.37%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Human Lee | $6,800,000 | Chicago Title | |
| Onetto Marc A | $5,600,000 | Chicago Title | |
| Wherry Cecil John | -- | Pacific Nw Title | |
| Wherry Cecil John | $3,200,000 | Pacific Nw Title | |
| Kishimoto Masayuki | $2,500,000 | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Onetto Marc A | $1,000,000 | |
| Previous Owner | Kishimoto Masayuki | $1,600,000 |
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 | $64,280 | $9,820,000 | $5,056,000 | $4,764,000 |
| 2023 | $63,464 | $9,222,000 | $4,770,000 | $4,452,000 |
| 2022 | $56,738 | $10,313,000 | $5,366,000 | $4,947,000 |
| 2021 | $54,456 | $7,708,000 | $4,417,000 | $3,291,000 |
| 2020 | $53,219 | $6,806,000 | $4,207,000 | $2,599,000 |
| 2018 | $55,220 | $6,597,000 | $3,733,000 | $2,864,000 |
| 2017 | $48,196 | $6,367,000 | $3,590,000 | $2,777,000 |
| 2016 | $35,237 | $5,924,000 | $3,282,000 | $2,642,000 |
| 2015 | $33,946 | $4,217,000 | $2,971,000 | $1,246,000 |
| 2014 | -- | $3,882,000 | $2,746,000 | $1,136,000 |
| 2013 | -- | $4,043,000 | $2,935,000 | $1,108,000 |
Source: Public Records
Map
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