NOT LISTED FOR SALE

8118 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,542,000 - $4,376,000

4 Beds
3 Baths
3,950 Sq Ft
$872/Sq Ft Est. Value

About This Home

This home is located at 8118 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,443,301, approximately $871 per square foot. 8118 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
Mar 28, 2002
Sold by
Mcdougald Shannon L and Mcdougald Wendy A
Bought by
Hoang Tuanhai and Chow Lisa A
Current Estimated Value
$3,443,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.84%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hoang Tuanhai $850,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Tuanhai V $741,750
Closed Hoang Tuanhai V $880,000
Closed Hoang Tuanhai $1,045,000
Closed Hoang Tuanhai $850,000
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 $19,899 $3,038,000 $1,398,000 $1,640,000
2023 $19,577 $2,853,000 $1,319,000 $1,534,000
2022 $17,568 $3,191,000 $1,484,000 $1,707,000
2021 $16,862 $2,385,000 $1,222,000 $1,163,000
2020 $14,288 $2,106,000 $1,164,000 $942,000
2018 $13,860 $1,770,000 $947,000 $823,000
2017 $12,099 $1,597,000 $857,000 $740,000
2016 $11,256 $1,486,000 $784,000 $702,000
2015 $10,843 $1,346,000 $710,000 $636,000
2014 -- $1,239,000 $657,000 $582,000
2013 -- $1,006,000 $545,000 $461,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

8118 W Mercer Way, Mercer Island, WA

This home is located at 8118 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,443,301, approximately $871 per square foot. 8118 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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