NOT LISTED FOR SALE

8151 SE 24th St Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $3,708,000 - $4,260,000

5 Beds
5 Baths
3,921 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $2,345,344 $598 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $23,017/month

About This Home

As of August 2018

Another John Day new construction home in the 3 lot n'hood of Burbank View located on the Northend of Mercer Island. Walking distance to EVERYTHING! Luther Burbank, Park and Ride, Shopping, Coffee, Community Center and trails. Great room design with open concept, 9 foot ceilings, hardwood floors, slab quartz stone, stainless. An almost 17,000 square foot lot feels like a soccer field. Views of the Lake, Cascades and the city of Bellevue. 5 BD/4.5 BA. An amazing value in new construction.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Jul 24, 2018
Sold by
John Day Homes Inc
Bought by
Yu David and Pham Huong
Seller's Agent
Lou Glatz
John L. Scott, Inc.
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$2,250,000
Sold Price
$2,345,344
Premium/Discount to List
$95,344
4.24%
Current Estimated Value
$4,005,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,660,623
Avg. Annual Appreciation
5.78%
Original Mortgage
$1,594,803
Outstanding Balance
$1,425,187
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,079,894

Purchase Details

Closed on
May 5, 2016
Sold by
Sammer William
Bought by
John Day Homes Inc

Purchase Details

Closed on
Feb 24, 2014
Sold by
Madamba Jonathan
Bought by
Sammer William

Purchase Details

Closed on
Mar 21, 2005
Sold by
Pasion Mary Lou J
Bought by
Madamba Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.12%
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
Yu David $2,280,258 Old Republic Title Ltd
John Day Homes Inc $753,407 Stewart Title Company
Sammer William -- Stewart Title Company
Sammer William -- First American
Madamba Jonathan -- Chicago Title
Madamba Jonathan $1,200,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu David $1,594,803
Previous Owner John Day Homes Inc $7,500,000
Previous Owner Madamba Jonathan $150,000
Previous Owner Madamba Jonathan $916,000
Previous Owner Madamba Jonathan $900,000
Closed Madamba Jonathan $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $2,345,344 +4.2% $598 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $2,250,000 -- $574 / Sq Ft

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 $22,340 $3,411,000 $1,355,000 $2,056,000
2023 $22,062 $3,204,000 $1,279,000 $1,925,000
2022 $19,731 $3,584,000 $1,439,000 $2,145,000
2021 $18,942 $2,679,000 $1,185,000 $1,494,000
2020 $18,977 $2,366,000 $1,129,000 $1,237,000
2018 $6,880 $2,351,000 $875,000 $1,476,000
2017 $5,901 $792,000 $792,000 $0
2016 $8,900 $724,000 $724,000 $0
2015 $8,623 $1,064,000 $1,054,000 $10,000
2014 -- $985,000 $975,000 $10,000
2013 -- $911,000 $847,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • Lou Glatz

    Seller's Agent in 2018

    Lou Glatz

    John L Scott

    (206) 948-2591

    2 in this area

    34 Total Sales

    Lou Glatz
    Section Image
  • Lori Holden

    Seller Co-Listing Agent in 2018

    Lori Holden

    John L Scott

    (206) 949-5674

    3 in this area

    103 Total Sales

    Lori Holden
    Section Image
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Map

Washington King County Mercer Island 98040 North Mercer

8151 SE 24th St, Mercer Island, WA

This home is located at 8151 SE 24th St, Mercer Island, WA 98040 and is currently estimated at $4,005,967, approximately $1,021 per square foot. 8151 SE 24th St is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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