NOT LISTED FOR SALE

8475 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,797,000 - $6,294,205

4 Beds
4 Baths
2,980 Sq Ft
$1,723/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 $5,135,051, approximately $1,723 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
$5,135,051

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
Outstanding Balance
$356,444
Interest Rate
7.98%
Estimated Equity
$4,778,607

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
Outstanding Balance
$356,444
Interest Rate
7.98%
Estimated Equity
$4,778,607
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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

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.

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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 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

Not Listed for Sale

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