Seller's Agent in 2018
Mary Lee
Reaologics Sothebys International Realty
(425) 941-4229
1 in this area
46 Total Sales
8049 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,702,000 - $3,515,000
5
Beds
3
Baths
3,300
Sq Ft
$912/Sq Ft
Est. Value
Highlights
- Low Bank Waterfront Property
- Docks
- Deck
- Lakeridge Elementary School Rated A
- Lake View
- Northwest Architecture
About This Home
As of May 2018One-owner custom home w/sweeping lake & mountain views & 25' of waterfront w/shared dock & private boat slip. Newly-refinished hardwood floors, plush new carpet & pad, new interior paint, upgraded vinyl windows. Living & dining rooms w/expansive windows to enjoy the views, 400+ sf wrap-around deck, main floor bedroom, upstairs master suite w/2nd living room, 5-piece master bath. Daylight lower level w/3 bedrooms + office. 3-car garage, pvt. 16,420 sf lot w/water feature, lush mature landscaping.
Last Agent to Sell the Property
Realogics Sotheby's Int'l Rlty License #43059 Listed on: 03/16/2018
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1259253
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,307
Year Built
- Built in 1979
Lot Details
- Low Bank Waterfront Property
- Sloped Lot
- Sprinkler System
Parking
- Attached Garage
Property Views
- Lake
- Mountain
Home Design
- Northwest Architecture
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 2 Fireplaces
- Finished Basement
- Natural lighting in basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Laundry
- Dryer
- Washer
Outdoor Features
- Bulkhead
- Docks
- Deck
- Patio
Utilities
- Cable TV Available
Community Details
- South End Community
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 3358500140
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2018
Closed on
May 3, 2018
Sold by
Edwards Brian J and Edwards Joan M
Bought by
Goodall Grant D and Goodall Kaitlin I
Seller's Agent
Mary Lee
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Marianne Barkman
John L. Scott, Inc.
List Price
$2,000,000
Sold Price
$1,800,000
Premium/Discount to List
-$200,000
-10%
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
$1,211,177
Avg. Annual Appreciation
7.05%
Original Mortgage
$1,440,000
Outstanding Balance
$1,241,314
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$1,769,863
Purchase Details
Closed on
Aug 26, 2008
Sold by
Edwards Brian J and Edwards Joan M
Bought by
Edwards Brian J and Edwards Joan M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goodall Grant D | $1,800,000 | First American Title Insuran | |
| Edwards Brian J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goodall Grant D | $1,440,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2018 05/08/18 | Sold | $1,800,000 | -10.0% | $545 / Sq Ft |
| 03/28/2018 03/28/18 | Pending | -- | -- | -- |
| 03/16/2018 03/16/18 | For Sale | $2,000,000 | -- | $606 / 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 | $16,307 | $2,489,000 | $1,454,000 | $1,035,000 |
| 2023 | $16,407 | $2,382,000 | $1,372,000 | $1,010,000 |
| 2022 | $14,669 | $2,664,000 | $1,544,000 | $1,120,000 |
| 2021 | $14,415 | $1,991,000 | $1,271,000 | $720,000 |
| 2020 | $14,446 | $1,921,000 | $1,211,000 | $710,000 |
| 2018 | $14,996 | $1,790,000 | $1,024,000 | $766,000 |
| 2017 | $13,092 | $1,728,000 | $985,000 | $743,000 |
| 2016 | $12,183 | $1,608,000 | $901,000 | $707,000 |
| 2015 | $12,224 | $1,457,000 | $816,000 | $641,000 |
| 2014 | -- | $1,342,000 | $755,000 | $587,000 |
| 2013 | -- | $1,031,000 | $767,000 | $264,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Lee
-
Marianne Barkman
Buyer's Agent in 2018
Marianne Barkman
John L Scott
(206) 718-9751
188 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1259253
APN: 335850-0140
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Based on information submitted to the MLS GRID
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