NOT LISTED FOR SALE

9703 SE 40th St Mercer Island, WA 98040

Mercerwood Neighborhood

Estimated Value: $1,523,000 - $1,894,000

3 Beds
2 Baths
1,540 Sq Ft
$1,106/Sq Ft Est. Value

About This Home

This home is located at 9703 SE 40th St, Mercer Island, WA 98040 and is currently estimated at $1,703,761, approximately $1,106 per square foot. 9703 SE 40th St is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2012
Sold by
Rahlfs Ryan M and Phelps Kristin E
Bought by
Rahlfs Ryan M and Rahlfs Kristin E
Current Estimated Value
$1,703,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,722
Interest Rate
3.83%

Purchase Details

Closed on
Mar 22, 2011
Sold by
Nelson Nancy Z
Bought by
Rahlfs Ryan M and Phelps Kristine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,297
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1999
Sold by
Gelon Michael W and Gelon Karin A
Bought by
Nelson Nancy Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.5%

Purchase Details

Closed on
Apr 8, 1997
Sold by
Mahoney Edwin and Gruol Kerrie Rae
Bought by
Gelon Michael W and Gelon Karin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.96%

Purchase Details

Closed on
Aug 15, 1996
Sold by
Mahoney Edwin and Mahoney Berna
Bought by
Mahoney Edwin
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rahlfs Ryan M -- Stewart Title
Rahlfs Ryan M $580,000 Chicago Title
Nelson Nancy Z $415,000 Transnation Title Insurance
Gelon Michael W $269,000 Transnation Title Insurance
Mahoney Edwin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahlfs Ryan M $666,722
Previous Owner Rahlfs Ryan M $565,297
Previous Owner Nelson Nancy Z $125,000
Previous Owner Gelon Michael W $214,600
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 $8,487 $1,294,000 $993,000 $301,000
2023 $8,354 $1,216,000 $937,000 $279,000
2022 $7,501 $1,360,000 $1,055,000 $305,000
2021 $7,200 $1,017,000 $869,000 $148,000
2020 $7,579 $898,000 $828,000 $70,000
2018 $7,157 $913,000 $649,000 $264,000
2017 $6,048 $824,000 $587,000 $237,000
2016 $5,626 $742,000 $537,000 $205,000
2015 $5,423 $672,000 $486,000 $186,000
2014 -- $619,000 $450,000 $169,000
2013 -- $527,000 $462,000 $65,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Mercerwood

9703 SE 40th St, Mercer Island, WA

This home is located at 9703 SE 40th St, Mercer Island, WA 98040 and is currently estimated at $1,703,761, approximately $1,106 per square foot. 9703 SE 40th St is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes