Seller's Agent in 2020
Kim Morelli
Coldwell Banker Bain
(425) 698-8453
39 Total Sales
8460 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $2,686,000 - $3,380,000
5
Beds
1
Bath
3,360
Sq Ft
$864/Sq Ft
Est. Value
Highlights
- Lake View
- Deck
- Wood Flooring
- Lakeridge Elementary School Rated A
- Wooded Lot
- 3 Fireplaces
About This Home
As of April 2020An elegant walk way leads you to this stately Ralph Anderson designed, Black and Caldwell built home on a private, easy to access road. Enjoy beautiful views of Lake Washington and Mt. Rainier from nearly every room in this five bedroom home. Gracious entry with vaulted tongue and groove cedar ceiling and marble tile flooring. Hardwood floors cover the remainder of the main floor. Expansive deck off formal living room and dining room. Dual zoned furnace. 2 car detached garage.
Last Agent to Sell the Property
Coldwell Banker Bain License #27413 Listed on: 04/24/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1595898
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,927
Year Built
- Built in 1977
Lot Details
- Cul-De-Sac
- Street terminates at a dead end
- Partially Fenced Property
- Brush Vegetation
- Level Lot
- Wooded Lot
- Garden
Parking
- Attached Garage
Property Views
- Lake
- Mountain
Home Design
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 3 Fireplaces
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Island Point Community
Listing and Financial Details
- Assessor Parcel Number 3625710070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2020
Closed on
Apr 20, 2020
Sold by
Herres Phillip B and Herres B P
Bought by
Ford Kenneth B and Ford Casandra E
Seller's Agent
Kim Morelli
Coldwell Banker Bain
Buyer's Agent
Kim Morelli
Coldwell Banker Bain
List Price
$1,775,000
Sold Price
$1,775,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,126,901
Avg. Annual Appreciation
9.34%
Original Mortgage
$1,420,000
Outstanding Balance
$1,261,068
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,595,481
Purchase Details
Closed on
Jul 27, 1989
Sold by
Lyman Michael H and Lyman Cheryl
Bought by
Herres Herres P and Herres Lorelei M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ford Kenneth B | $1,775,000 | Fidelity National Title | |
| Herres Herres P | $460,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ford Kenneth B | $1,420,000 | |
| Previous Owner | Herres Phillip B | $214,000 | |
| Previous Owner | Harris Phillip B | $208,000 | |
| Previous Owner | Herres P B | $214,289 | |
| Previous Owner | Herres Phillip B | $200,000 | |
| Previous Owner | Herres Phillip B | $216,000 | |
| Previous Owner | Herres Phillip B | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2020 04/24/20 | Sold | $1,775,000 | 0.0% | $528 / Sq Ft |
| 04/24/2020 04/24/20 | For Sale | $1,775,000 | -- | $528 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $15,927 | $2,431,000 | $1,402,000 | $1,029,000 |
| 2023 | $15,666 | $2,283,000 | $1,323,000 | $960,000 |
| 2022 | $14,058 | $2,553,000 | $1,489,000 | $1,064,000 |
| 2021 | $13,495 | $1,908,000 | $1,226,000 | $682,000 |
| 2020 | $13,002 | $1,685,000 | $1,168,000 | $517,000 |
| 2018 | $12,620 | $1,611,000 | $1,135,000 | $476,000 |
| 2017 | $11,018 | $1,454,000 | $1,027,000 | $427,000 |
| 2016 | $10,253 | $1,353,000 | $939,000 | $414,000 |
| 2015 | $9,881 | $1,226,000 | $850,000 | $376,000 |
| 2014 | -- | $1,129,000 | $786,000 | $343,000 |
| 2013 | -- | $1,010,000 | $654,000 | $356,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Morelli
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1595898
APN: 362571-0070
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Based on information submitted to the MLS GRID
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