NOT LISTED FOR SALE

8206 N Mercer Way Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $3,891,000 - $4,280,000

0.28 Acre
$14,370,900 Price per Acre
12,197 Sq Ft Lot

Last Sold December 27, 2016

Last sale price $790,000 $577 Per Sq Ft

Est. 409% increase in value since last sale

Current estimated payment $24,391/month

12 Days on Market

About This Lot

As of December 2016

Here's a rare opportunity to build an amazing contemporary home on a 12,000+ square foot lot in the sought after North End neighborhood of Mercer Island. Permits ready and drawings on hand. 4402 square foot, 4 Bedroom, 4 baths, great room, office and bonus room. Cathedral ceilings, tons of light, modern architecture. Great schools, close to everything and minutes to Seattle. Perfect time to build your dream home!

Last Agent to Sell the Property

Rick Moore

R1 Washington License #33255 Listed on: 10/06/2016

Last Buyer's Agent

Rick Moore

R1 Washington License #33255 Listed on: 10/06/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1039346

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,935

Year Built

  • 1948

Lot Details

  • Corner Lot
  • Level Lot

Utilities

  • Sewer in Street

Community Details

  • North End Community

Listing and Financial Details

  • Assessor Parcel Number 1224049040

Property Details

Property Type

Land

Est. Annual Taxes

$22,935

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Garden/Fruit Trees
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1948

Exterior Features

  • Road Information: Paved

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Sewer: In Street
  • Water: Available, On Property

Condo/Co-op/Association

  • Community Name: North End

Schools

  • School District: MIS

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially, Garage
  • Lot Details: Corner Lot, Curbs, Paved Street
  • Lot Sq Ft: 12180
  • Parcel Number: 1224049040
  • Topography: Level
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 5751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2016
Closed on
Dec 22, 2016
Sold by
Crystal Creek Equities Llc
Bought by
Lee Tom K and Lee Katrina W
Seller's Agent
Rick Moore
R1 Washington
Buyer's Agent
Rick Moore
R1 Washington
List Price
$1,500,000
Sold Price
$790,000
Premium/Discount to List
-$710,000
-47.33%
Total Days on Market
12
Current Estimated Value
$4,023,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,233,852
Avg. Annual Appreciation
20.98%
Original Mortgage
$513,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 12, 2015
Sold by
Vuong Juliane T
Bought by
Crystal Creek Equities Llc
Seller's Agent
Joseph Armitage
John L. Scott, Inc.
Buyer's Agent
Rick Moore
R1 Washington
List Price
$629,000
Sold Price
$629,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%

Purchase Details

Closed on
Oct 11, 2004
Sold by
Peter John D
Bought by
Vuong Juliane T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2004
Sold by
Peter John D
Bought by
John D Peter Living Trust

Purchase Details

Closed on
Mar 28, 1995
Sold by
State Of Washington
Bought by
Peter John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
8.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Tom K $790,000 Stewart Title
Crystal Creek Equities Llc $629,000 Stewart Title
Vuong Juliane T $400,000 Ticor National
John D Peter Living Trust -- --
Peter John D $172,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Tom $776,250
Closed Lee Tom K $513,500
Previous Owner Vuong Juliane T $417,000
Previous Owner Vuong Juliane T $320,000
Previous Owner Peter John D $172,300
Previous Owner Peter John D $129,000
Closed Vuong Juliane T $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $790,000 -47.3% $577 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $1,500,000 +138.5% $1,095 / Sq Ft
05/18/2015 05/18/15 Sold $629,000 0.0% $415 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $629,000 0.0% $415 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $629,000 -- $415 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $22,935 $3,502,000 $1,212,000 $2,290,000
2023 $22,996 $3,352,000 $1,144,000 $2,208,000
2022 $20,636 $3,749,000 $1,287,000 $2,462,000
2021 $20,685 $2,802,000 $1,060,000 $1,742,000
2020 $16,372 $2,584,000 $1,010,000 $1,574,000
2018 $7,314 $830,000 $830,000 $0
2017 $6,178 $842,000 $751,000 $91,000
2016 $5,751 $758,000 $687,000 $71,000
2015 $5,546 $687,000 $622,000 $65,000
2014 -- $633,000 $575,000 $58,000
2013 -- $581,000 $538,000 $43,000
Source: Public Records

Agents Affiliated with this Home

  • Rick Moore

    Seller's Agent in 2016

    Rick Moore

    R1 Washington

    (206) 371-5460

    65 Total Sales

    Rick Moore
    Section Image

  • J

    Seller's Agent in 2015

    Joseph Armitage

    John L Scott

    (206) 302-0311

    2 Total Sales

    Joseph Armitage
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1039346

Northwest Multiple Listing Service (NWMLS)

APN: 122404-9040

Washington King County Mercer Island 98040 North Mercer

8206 N Mercer Way, Mercer Island, WA

This home is located at 8206 N Mercer Way, Mercer Island, WA 98040 since 06 October 2016 and is currently estimated at $4,023,852, approximately $2,937 per square foot. This property was built in 1948. 8206 N Mercer Way 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes