NOT LISTED FOR SALE

8240 E Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,431,000 - $3,401,000

3 Beds
3 Baths
2,140 Sq Ft
$1,351/Sq Ft Est. Value

About This Home

This home is located at 8240 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,891,670, approximately $1,351 per square foot. 8240 E 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 12, 2021
Sold by
Williams Jeffrey
Bought by
Lukin Williams Cara and Lukin Cara
Current Estimated Value
$2,891,670

Purchase Details

Closed on
Jan 13, 2012
Sold by
Williams Jeffrey S and Lukin Willi Cara
Bought by
Williams Jeffrey and Lukin Williams Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2003
Sold by
Nystrom James J and Nystrom Susan A
Bought by
Williams Jeffery and Lukin Williams Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1999
Sold by
Berg R Peter and Berg Elizabeth R
Bought by
Nystrom James J and Nystrom Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Interest Rate
7.86%
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
Lukin Williams Cara -- None Available
Williams Jeffrey -- Wfg National Title
Williams Jeffery $837,000 Transnation Ti
Nystrom James J $639,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lukin Cara Leigh $445,000
Previous Owner Lukin Williams Cara $250,000
Previous Owner Williams Jeffrey $401,000
Previous Owner Williams Jeffrey S $417,000
Previous Owner Williams Jeffrey $250,000
Previous Owner Williams Jeffery $300,000
Previous Owner Nystrom James J $489,000
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 $16,477 $2,515,000 $1,754,000 $761,000
2023 $16,579 $2,407,000 $1,655,000 $752,000
2022 $14,448 $2,692,000 $1,862,000 $830,000
2021 $14,199 $1,961,000 $1,533,000 $428,000
2020 $14,462 $1,773,000 $1,460,000 $313,000
2018 $14,033 $1,792,000 $1,270,000 $522,000
2017 $9,724 $1,617,000 $1,149,000 $468,000
2016 $9,051 $1,194,000 $1,051,000 $143,000
2015 $8,719 $1,082,000 $952,000 $130,000
2014 -- $996,000 $880,000 $116,000
2013 -- $858,000 $720,000 $138,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

8240 E Mercer Way, Mercer Island, WA

This home is located at 8240 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $2,891,670, approximately $1,351 per square foot. 8240 E Mercer Way is a home located in King County with nearby schools including Lakeridge 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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