Seller's Agent in 2024
Jan Selvar
Windermere Corporate
(206) 200-3271
1 in this area
99 Total Sales
8002 Avalon Place Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $7,555,000 - $8,324,000
5
Beds
4.5
Baths
5,730
Sq Ft
$1,393/Sq Ft
Est. Value
Highlights
- 85 Feet of Waterfront
- Docks
- Spa
- Lakeridge Elementary School Rated A
- Wine Cellar
- Sauna
About This Home
As of September 2024Embrace the epitome of waterfront luxury living with this unparalleled estate nestled along the serene shores of Mercer Island's prestigious south end. Wake up to dramatic views of Mt. Rainier sparkling over the tranquil waters of Lake Washington. Spanning a meticulously landscaped 12,910-square-foot lot, this architectural marvel boasts 85 ft of pristine waterfront, complete w/deep water moorage, boat and jet ski lifts and an oversized shared dock (with just one other home), offering direct access to the excitement of the lake. Expansive decks, gourmet kitchen, BBQ & pizza oven are built for entertaining and sunken spa and cedar sauna for relaxing. Stone, metal and wood come together in an unmatched level of refinement and sophistication.
Last Agent to Sell the Property
Windermere Real Estate Co. License #23282 Listed on: 05/22/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2240962
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,850
Year Built
- Built in 1990
Lot Details
- 0.3 Acre Lot
- 85 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- Southeast Facing Home
- Level Lot
- Sprinkler System
- Garden
Parking
- 3 Car Attached Garage
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Slab Foundation
- Poured Concrete
- Metal Roof
- Stone Siding
- Vinyl Construction Material
- Wood Composite
Interior Spaces
- 5,730 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Skylights
- 4 Fireplaces
- Gas Fireplace
- French Doors
- Wine Cellar
- Sauna
- Finished Basement
Kitchen
- Double Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Hydromassage or Jetted Bathtub
- Spa Bath
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Spa
- Bulkhead
- Docks
- Deck
- Patio
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- High Efficiency Heating System
- Radiant Heating System
- Generator Hookup
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Community Details
- No Home Owners Association
- Mercer Island Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 3124059070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2024
Closed on
Sep 3, 2024
Sold by
Neil Michael L and Lee Lisa C
Bought by
Laughlin Eric Budd and Laughlin Elizabeth Tripoli
Seller's Agent
Jan Selvar
Windermere Real Estate Co.
Buyer's Agent
Andreina Tinoco
Seattle Works Real Estate
List Price
$8,500,000
Sold Price
$8,125,000
Premium/Discount to List
-$375,000
-4.41%
Views
115
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,267
Avg. Annual Appreciation
-2.20%
Purchase Details
Closed on
Dec 3, 2004
Sold by
Shane Daniel C and Shane Yvonne M
Bought by
Neil Michael L and Lee Lisa C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 30, 2004
Sold by
Dunford Wynton B and Dunford Annette B
Bought by
Shane Daniel C
Purchase Details
Closed on
Nov 28, 1990
Sold by
Mercer Construction And Dev
Bought by
Dunford Wynton B and Dunford Annette
Purchase Details
Closed on
Sep 12, 1988
Sold by
Whitman Claude E and Whitman Johnnie L
Bought by
Syferd David M and Syferd Trudi A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Laughlin Eric Budd | $8,125,000 | Chicago Title | |
| Neil Michael L | $2,500,000 | Transnation Ti | |
| Shane Daniel C | $699,953 | -- | |
| Dunford Wynton B | $1,829,900 | -- | |
| Syferd David M | $900,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Neil Michael L | $1,800,000 | |
| Previous Owner | Neil Michael L | $3,713,500 | |
| Previous Owner | Neil Michael L | $3,799,500 | |
| Previous Owner | Neil Michael L | $2,940,000 | |
| Previous Owner | Neil Michael L | $2,968,000 | |
| Previous Owner | Neil Michael L | $1,500,000 | |
| Previous Owner | Neil Michael L | $500,000 | |
| Previous Owner | Neil Michael L | $1,625,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2024 09/17/24 | Sold | $8,125,000 | -1.5% | $1,418 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 08/12/2024 08/12/24 | Price Changed | $8,250,000 | -2.9% | $1,440 / Sq Ft |
| 05/22/2024 05/22/24 | For Sale | $8,500,000 | -- | $1,483 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
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 | $41,376 | $6,320,000 | $2,904,000 | $3,416,000 |
| 2023 | $40,850 | $5,935,000 | $2,740,000 | $3,195,000 |
| 2022 | $35,597 | $6,638,000 | $3,083,000 | $3,555,000 |
| 2021 | $34,163 | $4,835,000 | $2,538,000 | $2,297,000 |
| 2020 | $39,066 | $4,269,000 | $2,418,000 | $1,851,000 |
| 2018 | $42,535 | $5,081,000 | $2,351,000 | $2,730,000 |
| 2017 | $35,915 | $4,904,000 | $2,261,000 | $2,643,000 |
| 2016 | $33,407 | $4,414,000 | $2,067,000 | $2,347,000 |
| 2015 | $32,189 | $3,998,000 | $1,871,000 | $2,127,000 |
| 2014 | -- | $3,681,000 | $1,730,000 | $1,951,000 |
| 2013 | -- | $3,102,000 | $1,651,000 | $1,451,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jan Selvar
-
Ashley Azeltine
Seller Co-Listing Agent in 2024
Ashley Azeltine
Windermere Corporate
(206) 819-0765
1 in this area
70 Total Sales
-
Andreina Tinoco
Buyer's Agent in 2024
Andreina Tinoco
Seattle Works Real Estate
(305) 244-7224
1 in this area
4 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2240962
APN: 312405-9070
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Based on information submitted to the MLS GRID
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