NOT LISTED FOR SALE

8420 SE 40th St Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $1,419,000 - $2,242,000

3 Beds
2 Baths
2,770 Sq Ft
$660/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $580,000 $209 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $10,371/month

About This Home

As of May 2014

Adorable home on the north end conveniently located next to Clise Park! 3 BDR, 1.75 BA home features hardwood floors throughout spacious living, dining and bedrooms along with a full bath on main floor. Downstairs you'll find a huge family room with a fun wet bar and FP, 3/4 bath, laundry room, shop area and tons of storage. Newer roof, 2 car garage, gas heat & fully fenced back yard. Walk to schools, MI swimming pool, Boys & Girls Club and Youth Theatre. Bring your imagination!

Last Agent to Sell the Property

Donna Cowles

Windermere Mercer Island License #9621 Listed on: 04/08/2014

Windermere Mercer Island

Last Buyer's Agent

Donna Cowles

Windermere Mercer Island License #9621 Listed on: 04/08/2014

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM606214

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$8,585

Year Built

1954

Lot Details

0

Listing Details

  • Sq Ft Finished: 2770
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Basement: Daylight
  • Features: Wet Bar, Dining Room
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet
  • Sq Ft Unfinished: 382

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Full Fence, Green House, Patio, Shop, Sprinkler System
  • View: Territorial
  • Lot Topography: Garden Space, Wooded

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air, Radiant
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air, Radiant
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2014
Sold by
Pham Nghia and Pham Nhan
Bought by
Pham Nghia Duc and Pham Nhan D
Current Estimated Value
$1,828,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$159,823
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,668,583

Purchase Details

Listed on
Apr 8, 2014
Closed on
May 14, 2014
Sold by
Phipps Michael E
Bought by
Pham Nghia and Pham Nhan
Seller's Agent
Donna Cowles
Windermere Mercer Island
Buyer's Agent
Donna Cowles
Windermere Mercer Island
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Pham Nghia Duc -- First American
Pham Nghia $580,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Nghia Duc $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $580,000 +5.5% $209 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $550,000 -- $199 / 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 $8,585 $1,309,000 $1,100,000 $209,000
2023 $8,639 $1,253,000 $1,038,000 $215,000
2022 $7,729 $1,402,000 $1,168,000 $234,000
2021 $7,752 $1,048,000 $962,000 $86,000
2020 $6,663 $967,000 $917,000 $50,000
2018 $6,299 $803,000 $649,000 $154,000
2017 $5,503 $725,000 $587,000 $138,000
2016 $5,125 $675,000 $537,000 $138,000
2015 $4,943 $612,000 $486,000 $126,000
2014 -- $564,000 $450,000 $114,000
2013 -- $511,000 $441,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Donna Cowles

    Seller's Agent in 2014

    Donna Cowles

    Windermere Corporate

    (206) 947-1737

    13 Total Sales

    Donna Cowles
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM606214

Northwest Multiple Listing Service (NWMLS)

APN: 502190-0815

Washington King County Mercer Island 98040 Shorewood

8420 SE 40th St, Mercer Island, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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