NOT LISTED FOR SALE

8114 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $540,000 - $1,684,000

-- Bed
-- Bath
-- Sq Ft
0.4 Acres

About This Home

This home is located at 8114 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $1,062,667. 8114 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
Sep 6, 2017
Sold by
Lee Joung Im
Bought by
Kim Benny Byongwood and Kim Lydia Jinsook
Current Estimated Value
$1,062,667

Purchase Details

Closed on
Dec 20, 2011
Sold by
Bank Of America National Association
Bought by
Lee Youngin

Purchase Details

Closed on
Jan 18, 2011
Sold by
Chon Gi Hwan
Bought by
Bank Of America National Association

Purchase Details

Closed on
May 25, 2006
Sold by
Seo Mee Jae
Bought by
Chon Gi Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2006
Sold by
Seaspect Inc
Bought by
Chon Gi Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1988
Sold by
Jaddi Ahmed M and Jaddi Barika
Bought by
Seaspect Inc

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
Kim Benny Byongwood $235,000 None Available
Lee Youngin $235,000 Fidelity Natio
Bank Of America National Association $478,398 First American
Chon Gi Hwan -- Chicago Title
Chon Gi Hwan $663,000 Chicago Title
Seaspect Inc $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chon Gi Hwan $499,000
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 $5,594 $852,000 $852,000 --
2023 $5,565 $804,000 $804,000 $0
2022 $5,500 $905,000 $905,000 $0
2021 $5,696 $745,000 $745,000 $0
2020 $7,042 $710,000 $710,000 $0
2018 $6,861 $873,000 $873,000 $0
2017 $5,892 $790,000 $790,000 $0
2016 $5,482 $723,000 $723,000 $0
2015 $5,308 $655,000 $655,000 $0
2014 -- $606,000 $606,000 $0
2013 -- $525,000 $525,000 $0
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

8114 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8114 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $1,062,667. 8114 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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