NOT LISTED FOR SALE

8516 SE 78th St Mercer Island, WA 98040

Mercer Island Estates Neighborhood

Estimated Value: $1,925,000 - $2,320,000

4 Beds
3 Baths
2,420 Sq Ft
$891/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $998,000 $412 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $12,870/month

24 Days on Market

About This Home

As of July 2014

Storybook Move-in Ready Super Clean 2-story home in quiet, convenient MI Estates near schools and South End shopping. New paint, carpet, gleaming refinished hardwood floors, beautifully landscaped yards. Fully fenced backyard, huge deck and brick patio. Main level features large open kitchen with ss appliances, formal dining and living rooms, powder and laundry rooms, huge family room w/wood burning fireplace. Tons of storage. 4 bedrooms up with Juliette balcony off master bedrm. Welcome Home!

Last Agent to Sell the Property

Helen Hitchcock

John L. Scott, Inc. License #50150 Listed on: 05/29/2014

John L. Scott, Inc.

Last Buyer's Agent

Sherry Tang

Skyline Properties, Inc. License #113413

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM643352

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$11,550

Year Built

1973

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 2420
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Features: Wet Bar, Bath Off Master, Double Pane/Storm Window, Dining Room, French Doors, Walk In Pantry
  • Fireplaces: 2
  • Floor: Vinyl, Wall to Wall Carpet
  • Sq Ft Unfinished: 510
  • Water Heater Location: Garage-Gas

Exterior Features

  • Roof: Cedar Shake
  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Roof: Cedar Shake
  • Site Features: Cable TV, Deck, Full Fence, Natural Gas Available, Patio, Sprinkler System
  • View: Territorial
  • Construction: SF
  • Lot Topography: Garden Space, Level

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Spaces: 2

Utilities

  • Cooling: Central A/C, Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Schools

  • School District: MIS
  • Elementary School: Lakeridge Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Lot Info

  • Lot Dimensions: 85' X 120'

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2014
Closed on
Jun 30, 2014
Sold by
Mullen Garrett L
Bought by
Mullen Garrett L
Seller's Agent
Helen Hitchcock
John L. Scott, Inc.
Buyer's Agent
Sherry Tang
Skyline Properties, Inc.
List Price
$1,175,000
Sold Price
$998,000
Premium/Discount to List
-$177,000
-15.06%
Total Days on Market
24
Current Estimated Value
$2,155,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,157,866
Avg. Annual Appreciation
7.34%

Purchase Details

Listed on
May 29, 2014
Closed on
Jun 24, 2014
Sold by
Mullen Garrett L
Bought by
Huang Dong and Li Bin
Seller's Agent
Helen Hitchcock
John L. Scott, Inc.
Buyer's Agent
Sherry Tang
Skyline Properties, Inc.
List Price
$1,175,000
Sold Price
$998,000
Premium/Discount to List
-$177,000
-15.06%

Purchase Details

Closed on
Dec 29, 1993
Sold by
Katz Phyllis A and Katz Edward B
Bought by
Mullen Garrett L and Mullen Karen E
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mullen Garrett L -- None Available
Huang Dong $998,000 Fidelity Natio
Mullen Garrett L $262,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullen Garrett L $800,000
Previous Owner Mullen Garrett L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $998,000 -6.3% $412 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
06/19/2014 06/19/14 Price Changed $1,065,000 -9.4% $440 / Sq Ft
05/29/2014 05/29/14 For Sale $1,175,000 -- $486 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $11,550 $1,762,000 $1,200,000 $562,000
2023 $11,364 $1,655,000 $1,133,000 $522,000
2022 $10,202 $1,851,000 $1,275,000 $576,000
2021 $9,792 $1,384,000 $1,050,000 $334,000
2020 $9,679 $1,222,000 $1,000,000 $222,000
2018 $9,386 $1,198,000 $867,000 $331,000
2017 $7,927 $1,081,000 $784,000 $297,000
2016 $7,380 $973,000 $717,000 $256,000
2015 $7,110 $882,000 $649,000 $233,000
2014 -- $812,000 $600,000 $212,000
2013 -- $720,000 $515,000 $205,000
Source: Public Records

Agents Affiliated with this Home

  • Helen Hitchcock

    Seller's Agent in 2014

    Helen Hitchcock

    John L Scott

    (206) 856-7007

    11 Total Sales

    Helen Hitchcock
    Section Image
  • Sherry Tang

    Buyer's Agent in 2014

    Sherry Tang

    Skyline Properties, Inc

    (425) 753-9438

    78 Total Sales

    Sherry Tang
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM643352

Northwest Multiple Listing Service (NWMLS)

APN: 545122-0200

Washington King County Mercer Island 98040 Mercer Island Estates

8516 SE 78th St, Mercer Island, WA

This home is located at 8516 SE 78th St, Mercer Island, WA 98040 since 29 May 2014 and is currently estimated at $2,155,866, approximately $890 per square foot. This property was built in 1973. 8516 SE 78th St 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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Based on information submitted to the MLS GRID

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