J
Seller's Agent in 2019
Jane Potashnick
Coldwell Banker Bain
(206) 953-8672
9 Total Sales
8502 SE 78th St Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $1,950,000 - $2,343,000
4
Beds
2
Baths
2,370
Sq Ft
$904/Sq Ft
Est. Value
Highlights
- Deck
- Contemporary Architecture
- 1 Fireplace
- Lakeridge Elementary School Rated A
- Wood Flooring
- 3-minute walk to South Mercer Playfields
About This Home
As of December 2019Sought after 4 bedroom, 2 bath rambler lovingly maintained by original owners within blocks of schools, shopping and parks. Brand new carpet and fresh paint in most rooms, formal living and dining rooms, kitchen with large eating space, family room with beautiful stone fireplace and access to fenced level yard, patio and entertainment deck. Mature plantings, dog run, koi pond with waterfall and two car garage. New roof installed in 2019. Easy to update, great investment opportunity.
Last Agent to Sell the Property
Coldwell Banker Bain License #38566 Listed on: 10/11/2019
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1524228
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,613
Year Built
- Built in 1973
Lot Details
- 10,293 Sq Ft Lot
- Dog Run
- Gated Home
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Garden
- Property is in good condition
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- Poured Concrete
- Bitumen Roof
- Wood Siding
Interior Spaces
- 2,370 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Skylights
- 1 Fireplace
- Dining Room
- Storm Windows
Kitchen
- <<doubleOvenToken>>
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Mercer Island Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 541220220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2019
Closed on
Nov 11, 2019
Sold by
Smith Tern Lynn and Estate Of Robert Russell Barni
Bought by
Kim Sangroh and Chi Mingu
Seller's Agent
Jane Potashnick
Coldwell Banker Bain
Buyer's Agent
Jane Potashnick
Coldwell Banker Bain
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
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
$942,838
Avg. Annual Appreciation
10.95%
Original Mortgage
$800,000
Interest Rate
3.75%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Kim Sangroh | $1,200,000 | Rainier Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kim Sangroh | $741,700 | |
| Closed | Kim Sangroh | $800,000 | |
| Previous Owner | Barnitt Robert R | $175,000 | |
| Previous Owner | Barnitt Robert R | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2019 12/10/19 | Sold | $1,200,000 | -4.0% | $506 / Sq Ft |
| 10/24/2019 10/24/19 | Pending | -- | -- | -- |
| 10/11/2019 10/11/19 | For Sale | $1,250,000 | -- | $527 / 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 | $12,400 | $1,892,000 | $1,200,000 | $692,000 |
| 2023 | $12,203 | $1,777,000 | $1,133,000 | $644,000 |
| 2022 | $10,673 | $1,988,000 | $1,275,000 | $713,000 |
| 2021 | $10,248 | $1,448,000 | $1,050,000 | $398,000 |
| 2020 | $9,244 | $1,279,000 | $1,000,000 | $279,000 |
| 2018 | $8,970 | $1,145,000 | $867,000 | $278,000 |
| 2017 | $7,577 | $1,033,000 | $784,000 | $249,000 |
| 2016 | $7,054 | $930,000 | $717,000 | $213,000 |
| 2015 | $6,796 | $843,000 | $649,000 | $194,000 |
| 2014 | -- | $776,000 | $600,000 | $176,000 |
| 2013 | -- | $656,000 | $515,000 | $141,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jane Potashnick
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1524228
APN: 545122-0220
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Based on information submitted to the MLS GRID
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