8118 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,515,000 - $3,814,000
4
Beds
3
Baths
3,950
Sq Ft
$828/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 $3,270,912, approximately $828 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
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
Outstanding Balance
$353,118
Interest Rate
6.84%
Mortgage Type
Stand Alone First
Estimated Equity
$2,917,794
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 |
|---|---|---|---|
| Hoang Tuanhai | $850,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hoang Tuanhai | $850,000 |
Source: Public Records
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 | $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
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