NOT LISTED FOR SALE

8162 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,071,983 - $3,893,000

4 Beds
5 Baths
3,940 Sq Ft
$905/Sq Ft Est. Value

About This Home

This home is located at 8162 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,565,996, approximately $905 per square foot. 8162 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
Jul 25, 2011
Sold by
Gradel James D and Gradel Marcia E
Bought by
Fang Zhen Chon
Current Estimated Value
$3,565,996

Purchase Details

Closed on
Feb 13, 1989
Sold by
Columbia Pacific Industries In
Bought by
Gradel James D and Gradel Marcia E

Range of Values:

Collateral Analytics

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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
Fang Zhen Chon $1,450,000 Chicago Title
Gradel James D $95,000 --
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 $19,383 $2,959,000 $1,262,000 $1,697,000
2023 $19,068 $2,779,000 $1,191,000 $1,588,000
2022 $17,112 $3,108,000 $1,340,000 $1,768,000
2021 $16,422 $2,323,000 $1,103,000 $1,220,000
2020 $18,938 $2,051,000 $1,051,000 $1,000,000
2018 $18,378 $2,347,000 $947,000 $1,400,000
2017 $15,524 $2,118,000 $857,000 $1,261,000
2016 $14,438 $1,907,000 $784,000 $1,123,000
2015 $13,911 $1,727,000 $710,000 $1,017,000
2014 -- $1,590,000 $657,000 $933,000
2013 -- $1,207,000 $591,000 $616,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

8162 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8162 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,565,996, approximately $905 per square foot. 8162 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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