Listed by Windermere Mercer Island, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

8420 W Mercer Way Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $2,489,775 - $2,963,000

5 Beds
4 Baths
3,080 Sq Ft
$870/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $1,100,000 $357 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $15,177/month

67 Days on Market

About This Home

As of March 2014

Peaceful View Retreat with Bright Open Spaces defined by a stunning view of Lake Washington and the Olympic Mountains. Fantastic Great room Layout w/ updated Kitchen, Vaulted Ceilings and beautiful Hardwood floors. Upstairs enjoy 3 bedrooms including a main floor Master Suite with a Lake view. The Spacious lower level has an over sized Family Room w/Gas Fireplace, Wet Bar, 2 additional bedrooms, one with an en suite Bath and opens to a generous Patio and huge Level backyard plus Storage Galore

Last Agent to Sell the Property

Erin Ewing

Windermere Mercer Island License #49702 Listed on: 12/03/2013

Windermere Mercer Island

Last Buyer's Agent

Jill Rush

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM571034

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$13,892

Year Built

1976

Lot Details

0

Listing Details

  • Sq Ft Finished: 3080
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Basement: Daylight, Partially Finished
  • Features: Wet Bar, Bath Off Master, Double Pane/Storm Window, Security System, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet
  • Sq Ft Unfinished: 4290
  • Water Heater Location: Lower Level Storage room-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Partial Fence, Natural Gas Available, High Speed Internet, Patio
  • View: Lake, Mountain
  • Lot Topography: Level, Partial Slope

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • 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

Listed on
Dec 3, 2013
Closed on
Mar 3, 2014
Sold by
Lee Ryan C and Lee Cherrie
Bought by
Truchot Scott and Truchot Jennifer
Seller's Agent
Erin Ewing
Windermere Mercer Island
Buyer's Agent
Jill Rush
Skyline Properties, Inc.
List Price
$1,188,000
Sold Price
$1,100,000
Premium/Discount to List
-$88,000
-7.41%
Current Estimated Value
$2,678,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,578,444
Avg. Annual Appreciation
7.94%
Original Mortgage
$880,000
Outstanding Balance
$645,109
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,033,335

Purchase Details

Closed on
Mar 24, 2006
Sold by
Lee Ryan C
Bought by
Lee Ryan C and Lee Cherrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,960
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2000
Sold by
Howard D Wayne and Howard Lori
Bought by
Lee Ryan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.66%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 24, 2000
Sold by
Williams Gary M and Williams Susan A
Bought by
Howard D Wayne and Howard Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.16%

Purchase Details

Closed on
Apr 1, 1993
Sold by
Kayne Allan L and Isobel Laura
Bought by
Williams Gary M and Williams Susan A
Source: Public Records

Range of Values:

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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
Truchot Scott $1,100,000 Chicago Title
Lee Ryan C -- Chicago Title
Lee Ryan C $720,000 First American
Howard D Wayne $727,000 Transnation Title Insurance
Williams Gary M $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truchot Scott $880,000
Previous Owner Lee Ryan C $598,960
Previous Owner Lee Ryan C $650,000
Previous Owner Howard D Wayne $252,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $1,100,000 0.0% $357 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
02/04/2014 02/04/14 Price Changed $1,100,000 -4.2% $357 / Sq Ft
01/17/2014 01/17/14 Price Changed $1,148,000 -3.4% $373 / Sq Ft
01/07/2014 01/07/14 For Sale $1,188,000 +8.0% $386 / Sq Ft
12/30/2013 12/30/13 Off Market $1,100,000 -- --
12/03/2013 12/03/13 For Sale $1,188,000 -- $386 / 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 $13,892 $2,120,000 $1,345,000 $775,000
2023 $13,978 $2,029,000 $1,269,000 $760,000
2022 $12,505 $2,270,000 $1,428,000 $842,000
2021 $12,287 $1,697,000 $1,176,000 $521,000
2020 $12,362 $1,534,000 $1,120,000 $414,000
2018 $11,779 $1,531,000 $1,099,000 $432,000
2017 $9,928 $1,382,000 $994,000 $388,000
2016 $9,218 $1,244,000 $909,000 $335,000
2015 $8,780 $1,102,000 $823,000 $279,000
2014 -- $1,003,000 $761,000 $242,000
2013 -- $887,000 $622,000 $265,000
Source: Public Records

Agents Affiliated with this Home

  • Erin Ewing

    Seller's Agent in 2014

    Erin Ewing

    Windermere Corporate

    (206) 354-8228

    35 Total Sales

    Erin Ewing
    Section Image

  • J

    Buyer's Agent in 2014

    Jill Rush

    Skyline Properties, Inc.

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM571034

Northwest Multiple Listing Service (NWMLS)

APN: 362571-0010

Washington King County Mercer Island 98040 North Mercer

8420 W Mercer Way, Mercer Island, WA

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Based on information submitted to the MLS GRID

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