Seller's Agent in 2019
Lou Glatz
John L Scott
(206) 948-2591
2 in this area
38 Total Sales
8478 N Mercer Way Mercer Island, WA 98040
North Mercer NeighborhoodEstimated Value: $3,818,000 - $5,685,000
4
Beds
4.5
Baths
4,417
Sq Ft
$1,074/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- Waterfront Community
- Under Construction
- Northwood Elementary School Rated A
- Docks
- Lake View
About This Home
As of January 2019Many special features are soon to be unveiled in this newest RKK Construction Modern Farmhouse style home nearing completion. Your new home will have the Signature Home high quality finishes that is a tradition w this master craftsman. Open flr plan w Great Room concept complemented by 2 sets of French doors leading to outdoor living spaces. Master bdrm suite is a retreat unto itself w self-indulging soaking tub & fabulous shower! Steps away is an awesome private community wft with moorage.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1365276
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,222
Year Built
- Built in 2018 | Under Construction
Lot Details
- 0.26 Acre Lot
- 50 Feet of Waterfront
- Open Space
- Cul-De-Sac
- Street terminates at a dead end
- Level Lot
- Sprinkler System
- Garden
- Zoning described as R-15
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Territorial
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 4,417 Sq Ft Home
- 2-Story Property
- Central Vacuum
- 2 Fireplaces
- Gas Fireplace
- French Doors
- Dining Room
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Docks
- Deck
- Patio
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Central Air
- Generator Hookup
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Additional Features
- Disabled Access
- Property is near public transit
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 5452600030
Community Details
Overview
- Built by RKK Construction
- North End Subdivision
Recreation
- Waterfront Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2018
Closed on
Jan 24, 2019
Sold by
Rkk Construction Inc
Bought by
Lee Justin Hyodong and Lee Faith Kim
Seller's Agent
Lou Glatz
John L. Scott, Inc.
List Price
$3,395,000
Sold Price
$3,150,000
Premium/Discount to List
-$245,000
-7.22%
Total Days on Market
83
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
$1,591,836
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,200,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 25, 2016
Sold by
Lupton Myra L
Bought by
Rkk Construction Inc
Purchase Details
Closed on
Nov 2, 2015
Sold by
Lupton Myra L
Bought by
Lupton Myra L and Disclaimer Trust Ulw Homer B Lupton
Purchase Details
Closed on
Aug 21, 1989
Sold by
Dorsey Thelma (P/R Of Estate)
Bought by
Mercer Park Control Group
Purchase Details
Closed on
Mar 25, 1987
Sold by
Dorsey Thelma S
Bought by
Lupton Homes B and Lupton Myra L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Justin Hyodong | $3,150,000 | Fidelity National Title | |
| Rkk Construction Inc | $1,010,000 | Chicago Title | |
| Lupton Myra L | -- | None Available | |
| Lupton Myra L | -- | None Available | |
| Mercer Park Control Group | -- | -- | |
| Lupton Homes B | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Justin Hyodong | $1,166,928 | |
| Closed | Lee Justin Hyodong | $1,194,000 | |
| Closed | Lee Justin Hyodong | $1,200,000 | |
| Previous Owner | Rkk Construction Inc | $1,330,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2019 01/30/19 | Sold | $3,150,000 | -7.2% | $713 / Sq Ft |
| 12/17/2018 12/17/18 | Pending | -- | -- | -- |
| 09/25/2018 09/25/18 | For Sale | $3,395,000 | -- | $769 / 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 | $29,859 | $4,560,000 | $1,441,000 | $3,119,000 |
| 2023 | $29,377 | $4,283,000 | $1,360,000 | $2,923,000 |
| 2022 | $26,362 | $4,790,000 | $1,530,000 | $3,260,000 |
| 2021 | $25,301 | $3,580,000 | $1,260,000 | $2,320,000 |
| 2020 | $25,781 | $3,161,000 | $1,200,000 | $1,961,000 |
| 2018 | $8,222 | $2,819,000 | $1,047,000 | $1,772,000 |
| 2017 | $7,055 | $947,000 | $947,000 | $0 |
| 2016 | $6,560 | $866,000 | $866,000 | $0 |
| 2015 | $6,348 | $784,000 | $784,000 | $0 |
| 2014 | -- | $725,000 | $725,000 | $0 |
| 2013 | -- | $750,000 | $750,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Glatz
-
Lori Holden
Seller Co-Listing Agent in 2019
Lori Holden
John L Scott
(206) 949-5674
3 in this area
99 Total Sales
Map
Similar Homes in Mercer Island, WA
-
$3,999,988
- 6 Beds
- 4 Baths
- 4,920 Sq Ft
- 4032 W Mercer Way
- Mercer Island, WA
Arrive home to a wonderfully imagined six bedroom residence found perfectly above the shores of Mercer Islands coveted west side. Constructed in 2002 & newly updated throughout. The heart of the 4,920sf home is the updated kitchen with lake views, centered around the massive slab island to the great room & out onto the entertainers patio & level yard. The primary suite enjoys inspiring views from
Scott Richards Windermere Real Estate/East
-
$3,798,000
- 5 Beds
- 4.5 Baths
- 5,371 Sq Ft
- 4419 Ferncroft Rd
- Mercer Island, WA
Nestled in the Ferncroft Neighborhood, this custom-built home offers stunning lake views + seamless indoor-outdoor living. Designed for comfort & entertaining, it features soaring ceilings, open spaces, a chef’s kitchen, and abundant natural light with the perfect blend of formal & informal spaces. The Primary Suite boasts a sitting area, double-sided fireplace, and panoramic lake views. 3 add’l
Michele Schuler Realogics Sotheby's Int'l Rlty
-
$4,880,000
- 6 Beds
- 6.5 Baths
- 6,660 Sq Ft
- 7088 94th Ave SE
- Mercer Island, WA
Enhanced by views of Lake WA, Mt Rainier & vibrant sunrises, this light-filled estate offers easy living, working & entertaining. Main flr showcases an inviting living/dining rm, chef's kitchen, family rm, 2 offices & BR w/en suite. Upstairs, the luxurious primary features a shopper’s dream closet w/seating area, fireplace & balcony—plus 3 more BRs w/en suites. Lower level is ideal for hosting or
Katie Penny Shea Coldwell Banker Bain
-
$4,550,000
- 5 Beds
- 4.5 Baths
- 6,650 Sq Ft
- 7922 E Mercer Way
- Mercer Island, WA
View, View, View! This custom-built estate has a 180-degree view of Lake Washington and Mt. Rainier. From the Great room, large gourmet kitchen, dinner room and living room all have best view of the lake and Mt. Rainier. From Primary bedroom suite, the view of the Lake and Mt. Rainier is breathtaking! The large wrap-around deck makes the lake and Mt. Rainier even closer. 3 out of 4 bedrooms and
David Yeh Better Properties - Metro
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1365276
APN: 545260-0030
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.
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.
Nearby Homes
- 8428 N Mercer Way
- 8225 SE 24th St
- 8408 SE 34th Place
- 3208 81st Place SE Unit 102
- 3030 80th Ave SE Unit 514
- 3030 80th Ave SE Unit 503
- 3055 80th Ave SE Unit 204
- 9212 SE 33rd Place
- 7826 SE 24th St
- 7930 SE 34th St Unit 208
- 7930 SE 34th St Unit 107
- 3619 81st Ave SE
- 2249 78th Ave SE
- 8836 SE 39th St
- 2972 76th Place SE Unit 102
- 2920 76th Ave SE Unit 106
- 2920 76th Ave SE Unit 309
- 2920 76th Ave SE Unit 105
- 3917 88th Ave SE
- 2929 76th Ave SE Unit 101C