NOT LISTED FOR SALE

8475 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $4,474,000 - $6,429,290

4 Beds
4 Baths
2,980 Sq Ft
$1,883/Sq Ft Est. Value

About This Home

This home is located at 8475 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,612,323, approximately $1,883 per square foot. 8475 W Mercer Way is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2003
Sold by
Sheen Chin Yuen
Bought by
Sheen Shingyeen and Sheen Chin Yuen
Current Estimated Value
$5,612,323

Purchase Details

Closed on
Sep 15, 2000
Sold by
Sheen Shing Yeen
Bought by
Sheen Chin Yuen

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
7.98%

Purchase Details

Closed on
Aug 15, 2000
Sold by
Vojta V Frank and Vojta Vilma
Bought by
Sheen Shing Yeen and Sheen Chin Yuen

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
7.98%
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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
Sheen Shingyeen -- Fidelity Natio
Sheen Chin Yuen -- Chicago Title Insurance Co
Sheen Shing Yeen $2,400,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheen Shing-Yeen $1,087,687
Closed Sheen Shingyeen $1,115,500
Closed Sheen Bob Shing Yeen $1,350,000
Closed Sheen Shingyeen $600,000
Closed Sheen Shingyeen $1,460,000
Closed Sheen Shingyeen $340,000
Closed Sheen Shingyeen $500,000
Closed Sheen Chin Yuen $1,000,000
Closed Sheen Shing Yeen $1,415,214
Closed Sheen Shing Yeen $101,232
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 $30,900 $4,719,000 $3,547,000 $1,172,000
2023 $31,095 $4,517,000 $3,347,000 $1,170,000
2022 $27,804 $5,052,000 $3,765,000 $1,287,000
2021 $27,317 $3,776,000 $3,099,000 $677,000
2020 $26,658 $3,413,000 $2,952,000 $461,000
2018 $27,664 $3,304,000 $2,694,000 $610,000
2017 $24,145 $3,189,000 $2,591,000 $598,000
2016 $22,457 $2,967,000 $2,369,000 $598,000
2015 $21,638 $2,687,000 $2,144,000 $543,000
2014 -- $2,474,000 $1,982,000 $492,000
2013 -- $2,454,000 $2,200,000 $254,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

8475 W Mercer Way, Mercer Island, WA

This home is located at 8475 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,612,323, approximately $1,883 per square foot. 8475 W Mercer Way 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.

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