NOT LISTED FOR SALE

8275 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,743,000 - $3,843,000

3 Beds
3 Baths
2,490 Sq Ft
$1,285/Sq Ft Est. Value

About This Home

This home is located at 8275 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,199,200, approximately $1,284 per square foot. 8275 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
Jan 25, 2022
Sold by
Lowe Nicholas J
Bought by
Low Nicholas J and Lowe Rachel D
Current Estimated Value
$3,199,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,400
Outstanding Balance
$1,423,014
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,611,118

Purchase Details

Closed on
Apr 9, 2003
Sold by
Harris Michael E and Harris Ruth M
Bought by
Lowe Nicholas J and Petty Rachel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
4%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Felion Virginia M
Bought by
Harris Michael E and Harris Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.62%

Purchase Details

Closed on
Apr 2, 1998
Sold by
Felion Glenn J
Bought by
Felion Virginia M
Source: Public Records

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

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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
Low Nicholas J $313 First American Title
Lowe Nicholas J $862,500 Transnation Ti
Harris Michael E $845,000 Transnation Title Insurance
Felion Virginia M -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Nicholas Justin $395,655
Open Low Nicholas J $1,525,400
Previous Owner Lowe Nicholas J $1,550,000
Previous Owner Lowe Nicholas J $225,800
Previous Owner Lowe Nicholas J $1,580,600
Previous Owner Lowe Nicholas J $4,800,000
Previous Owner Lowe Nicholas J $250,000
Previous Owner Lowe Nicholas J $1,312,500
Previous Owner Lowe Nicholas J $62,000
Previous Owner Lowe Nicholas J $181,950
Previous Owner Lowe Nicholas J $1,035,000
Previous Owner Lowe Nicholas J $605,000
Previous Owner Lowe Nicholas J $330,000
Previous Owner Lowe Nicholas J $775,000
Previous Owner Lowe Nicholas J $603,750
Previous Owner Harris Michael E $600,000
Closed Lowe Nicholas J $172,500
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 $16,955 $2,588,000 $1,947,000 $641,000
2023 $17,060 $2,477,000 $1,837,000 $640,000
2022 $15,257 $2,771,000 $2,067,000 $704,000
2021 $14,991 $2,071,000 $1,702,000 $369,000
2020 $13,704 $1,872,000 $1,621,000 $251,000
2018 $13,297 $1,698,000 $1,205,000 $493,000
2017 $11,229 $1,532,000 $1,090,000 $442,000
2016 $10,445 $1,379,000 $997,000 $382,000
2015 $10,065 $1,249,000 $903,000 $346,000
2014 -- $1,150,000 $835,000 $315,000
2013 -- $1,290,000 $971,000 $319,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

8275 W Mercer Way, Mercer Island, WA

This home is located at 8275 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $3,199,200, approximately $1,284 per square foot. 8275 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.

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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