NOT LISTED FOR SALE

8392 SE 50th Place Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $3,225,101 - $4,004,000

4 Beds
4 Baths
4,210 Sq Ft
$859/Sq Ft Est. Value

About This Home

This home is located at 8392 SE 50th Place, Mercer Island, WA 98040 and is currently estimated at $3,617,525, approximately $859 per square foot. 8392 SE 50th Place is a home located in King County with nearby schools including Island Park Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2005
Sold by
Benedetti Peter J and Benedetti Krista M
Bought by
Adams Thomas D and Adams Elaine P
Current Estimated Value
$3,617,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Drastal John E and Drastal Susan M
Bought by
Benedetti Peter J and Benedetti Krista M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.62%

Purchase Details

Closed on
Jan 6, 2003
Sold by
Austin James M and Austin Elizabeth A
Bought by
Drastal John E and Drastal Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
4.5%

Purchase Details

Closed on
May 24, 2002
Sold by
Cary Jeffrey M and Cary Mary L
Bought by
Austin James M and Austin Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,500
Interest Rate
6.25%

Purchase Details

Closed on
Jan 22, 1996
Sold by
Hammond Construction Inc
Bought by
Cary Jeffrey M and Cary Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
7.18%
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
Adams Thomas D $1,487,500 Transnation Ti
Benedetti Peter J $1,250,000 Transnation Ti
Drastal John E $1,206,000 Transnation Ti
Austin James M $1,325,000 Transnation Title Insurance
Cary Jeffrey M $831,786 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Thomas D $999,950
Previous Owner Benedetti Peter J $1,000,000
Previous Owner Drastal John E $915,000
Previous Owner Austin James M $662,500
Previous Owner Cary Jeffrey M $510,000
Closed Benedetti Peter J $50,000
Closed Adams Thomas D $187,500
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 $20,344 $3,106,000 $1,428,000 $1,678,000
2023 $20,087 $2,917,000 $1,348,000 $1,569,000
2022 $17,958 $3,262,000 $1,517,000 $1,745,000
2021 $17,238 $2,438,000 $1,249,000 $1,189,000
2020 $18,464 $2,153,000 $1,190,000 $963,000
2018 $17,918 $2,288,000 $1,083,000 $1,205,000
2017 $15,646 $2,065,000 $980,000 $1,085,000
2016 $14,555 $1,922,000 $896,000 $1,026,000
2015 $14,025 $1,741,000 $811,000 $930,000
2014 -- $1,603,000 $750,000 $853,000
2013 -- $1,297,000 $732,000 $565,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Forest Avenue

8392 SE 50th Place, Mercer Island, WA

This home is located at 8392 SE 50th Place, Mercer Island, WA 98040 and is currently estimated at $3,617,525, approximately $859 per square foot. 8392 SE 50th Place is a home located in King County with nearby schools including Island Park 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.

Nearby Homes