NOT LISTED FOR SALE

8055 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $5,775,000 - $7,120,036

5 Beds
7 Baths
5,380 Sq Ft
$1,222/Sq Ft Est. Value

About This Home

This home is located at 8055 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $6,574,259, approximately $1,221 per square foot. 8055 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
Oct 12, 2023
Sold by
Hu Songyun
Bought by
Li Junwei
Current Estimated Value
$6,574,259

Purchase Details

Closed on
Aug 3, 2016
Sold by
Li Guangyou and Hu Songyun
Bought by
Hu Songyun

Purchase Details

Closed on
Aug 31, 2011
Sold by
Clark Thomas D and Clark Sally A
Bought by
Li Guangyou and Hu Songyun

Purchase Details

Closed on
Sep 29, 2005
Sold by
Fendrich Stephen G and Fendrich Lisa M
Bought by
Clark Thomas D and Clark Sally A

Purchase Details

Closed on
Apr 19, 2004
Sold by
Smelser Curtis R and Guadarrama Gaylon D
Bought by
Fendrich Stephen G and Fendrich Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2000
Sold by
Harrington Revocable Trust and Harrington Dolores
Bought by
Smelser Curtis R and Guadarrama Gaylon D

Purchase Details

Closed on
May 30, 1997
Sold by
Harrington Robert S and Harrington Dolores C
Bought by
Harrington Robert S and Harrington Dolores C

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

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.

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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
Li Junwei $313 First American Title
Hu Songyun -- First American
Li Guangyou $2,780,000 Chicago Title
Clark Thomas D $3,378,000 Chicago Title
Fendrich Stephen G $2,375,000 Transnation Ti
Smelser Curtis R $1,200,000 First American Title Ins Co
Harrington Robert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fendrich Stephen G $749,999
Previous Owner Fendrich Stephen G $1,900,000
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 $35,971 $5,494,000 $2,186,000 $3,308,000
2023 $35,519 $5,160,000 $2,063,000 $3,097,000
2022 $31,756 $5,771,000 $2,321,000 $3,450,000
2021 $30,476 $4,313,000 $1,911,000 $2,402,000
2020 $28,276 $3,808,000 $1,820,000 $1,988,000
2018 $29,338 $3,504,000 $1,535,000 $1,969,000
2017 $25,609 $3,382,000 $1,476,000 $1,906,000
2016 $23,818 $3,147,000 $1,350,000 $1,797,000
2015 $22,949 $2,850,000 $1,222,000 $1,628,000
2014 -- $2,624,000 $1,130,000 $1,494,000
2013 -- $2,390,000 $1,250,000 $1,140,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

8055 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8055 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $6,574,259, approximately $1,221 per square foot. 8055 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.

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