Listed by Coldwell Banker Bain
NOT LISTED FOR SALE

8316 Avalon Dr Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,967,000 - $6,323,000

4 Beds
6 Baths
4,076 Sq Ft
$1,210/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $2,055,000 $504 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $28,499/month

Highlights

  • Lake View
  • Northwest Architecture
  • Garden
  • Lakeridge Elementary School Rated A
  • Detached Garage
  • Level Lot

About This Home

As of August 2016

This home is located at 8316 Avalon Dr, Mercer Island, WA 98040 since 03 August 2016 and is currently estimated at $4,931,894, approximately $1,209 per square foot. This property was built in 1969. 8316 Avalon Dr is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

Last Agent to Sell the Property

Jane Jelinek Harrison

Coldwell Banker Bain License #15207 Listed on: 08/03/2016

Co-Listed By

Stephanie St. Mary

Windermere Real Estate/East License #33451

Windermere Real Estate/East

Last Buyer's Agent

Stephanie St. Mary

Windermere Real Estate/East License #33451

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1011475

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,447

Year Built

  • Built in 1969

Lot Details

  • Level Lot
  • Garden

Parking

  • Detached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Northwest Architecture
  • Composition Roof
  • Wood Siding

Finished Basement

  • Natural lighting in basement

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 0321100290

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,447

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight, Fully Finished
  • Estimated Sq Ft: 4076
  • Square Footage Finished: 4076

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Lake, Mountain

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

  • Elementary School: Lakeridge Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Sq Ft: 18779
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 0321100290
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 12960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Jul 27, 2016
Sold by
Sturgis Gregory T and Sturgis Christine Ann
Bought by
Platou Carl S and Platou Donna J
Seller's Agent
Jane Jelinek Harrison
Coldwell Banker Bain
Buyer's Agent
Stephanie St. Mary
Windermere Real Estate/East
List Price
$2,055,000
Sold Price
$2,055,000
Current Estimated Value
$4,931,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,876,894
Avg. Annual Appreciation
9.27%
Original Mortgage
$1,644,000
Outstanding Balance
$1,331,809
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$3,294,190

Purchase Details

Closed on
Apr 26, 1995
Sold by
Itochu International Inc
Bought by
Sturgis Gregory T and Sturgis Christine Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
8.46%
Source: Public Records

Range of Values:

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Average Value
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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
Platou Carl S $2,055,000 Chicago Title
Sturgis Gregory T $540,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platou Carl S $1,644,000
Previous Owner Sturgis Gregory T $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2016 08/03/16 Sold $2,055,000 0.0% $504 / Sq Ft
08/03/2016 08/03/16 For Sale $2,055,000 -- $504 / 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 $29,447 $4,497,000 $1,752,000 $2,745,000
2023 $29,072 $4,223,000 $1,653,000 $2,570,000
2022 $25,994 $4,723,000 $1,860,000 $2,863,000
2021 $23,087 $3,530,000 $1,531,000 $1,999,000
2020 $24,512 $2,884,200 $1,459,000 $1,425,200
2018 $16,496 $2,485,000 $1,244,000 $1,241,000
2017 $13,929 $1,901,000 $1,125,000 $776,000
2016 $12,960 $1,711,000 $1,029,000 $682,000
2015 $12,486 $1,550,000 $932,000 $618,000
2014 -- $1,427,000 $862,000 $565,000
2013 -- $1,202,000 $701,000 $501,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jane Jelinek Harrison

    Coldwell Banker Bain

  • Stephanie St. Mary

    Seller Co-Listing Agent in 2016

    Stephanie St. Mary

    Windermere Corporate

    (206) 953-8359

    33 Total Sales

    Stephanie St. Mary
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1011475

Northwest Multiple Listing Service (NWMLS)

APN: 032110-0290

Washington King County Mercer Island 98040 Island Point

8316 Avalon Dr, Mercer Island, WA

This home is located at 8316 Avalon Dr, Mercer Island, WA 98040 since 03 August 2016 and is currently estimated at $4,931,894, approximately $1,209 per square foot. This property was built in 1969. 8316 Avalon Dr 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.

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

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