8125 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,203,474 - $2,871,000
3
Beds
2
Baths
1,990
Sq Ft
$1,321/Sq Ft
Est. Value
About This Home
This home is located at 8125 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,628,369, approximately $1,320 per square foot. 8125 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
Aug 6, 2019
Sold by
Bonnema Gerrit B
Bought by
Bonnema Steven G and Bonnema Jennifer M
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
$390,000
Outstanding Balance
$341,779
Interest Rate
3.73%
Mortgage Type
Seller Take Back
Estimated Equity
$2,286,590
Purchase Details
Closed on
Mar 3, 2016
Sold by
Robertson Alida B
Bought by
Bonnema Steven G and Bonnema Jennifer M
Purchase Details
Closed on
Jul 17, 2009
Sold by
Robertson Alida B and Bonnema Gerrit B
Bought by
Robertson Alida B and Bonnema Gerrit B
Purchase Details
Closed on
Mar 4, 2003
Sold by
Bonnema Klaas and Bonnema Alida G
Bought by
Bonnema Klaas and Bonnema Alida G
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 |
|---|---|---|---|
| Bonnema Steven G | $390,000 | Cw Title | |
| Bonnema Steven G | $500,000 | None Available | |
| Robertson Alida B | -- | None Available | |
| Bonnema Klaas | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bonnema Steven G | $390,000 |
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 | $13,984 | $2,134,000 | $1,770,000 | $364,000 |
| 2023 | $14,075 | $2,043,000 | $1,670,000 | $373,000 |
| 2022 | $12,586 | $2,285,000 | $1,879,000 | $406,000 |
| 2021 | $12,367 | $1,708,000 | $1,547,000 | $161,000 |
| 2020 | $10,863 | $1,544,000 | $1,474,000 | $70,000 |
| 2018 | $10,539 | $1,345,000 | $1,076,000 | $269,000 |
| 2017 | $8,903 | $1,214,000 | $973,000 | $241,000 |
| 2016 | $8,282 | $1,093,000 | $890,000 | $203,000 |
| 2015 | $7,985 | $990,000 | $806,000 | $184,000 |
| 2014 | -- | $912,000 | $745,000 | $167,000 |
| 2013 | -- | $918,000 | $766,000 | $152,000 |
Source: Public Records
Map
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