Seller's Agent in 2019
Lou Glatz
John L Scott
(206) 948-2591
2 in this area
31 Total Sales
Listed by John L. Scott, Inc.
8478 N Mercer Way Mercer Island, WA 98040
North Mercer NeighborhoodEstimated Value: $3,945,000 - $5,536,000
4
Beds
4.5
Baths
4,417
Sq Ft
$1,060/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
- Walk-In Pantry
- 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
Accessible Home Design
- Disabled Access
Outdoor Features
- Docks
- Deck
- Patio
Location
- Property is near public transit
- Property is near a bus stop
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
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%
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
$1,533,381
Avg. Annual Appreciation
6.05%
Original Mortgage
$1,200,000
Outstanding Balance
$1,023,345
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,660,036
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 | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
102 Total Sales
Map
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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