NOT LISTED FOR SALE

8125 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,429,000 - $2,855,000

3 Beds
2 Baths
1,990 Sq Ft
$1,292/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 $2,570,636, approximately $1,291 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
$2,570,636

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
$346,890
Interest Rate
3.73%
Mortgage Type
Seller Take Back
Estimated Equity
$2,157,019

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

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
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

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 $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

Washington King County Mercer Island 98040 Island Point

8125 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8125 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,570,636, approximately $1,291 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.

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