Seller's Agent in 2024
Cindy Verschueren
John L Scott
(206) 909-4523
2 in this area
42 Total Sales
Listed by John L. Scott, Inc., Bought with COMPASS
8555 85th Ave SE Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $1,936,000 - $2,767,000
4
Beds
3
Baths
2,720
Sq Ft
$921/Sq Ft
Est. Value
Highlights
- Lake View
- Fruit Trees
- Vaulted Ceiling
- Lakeridge Elementary School Rated A
- Deck
- Marble Flooring
About This Home
As of January 2024A true Mercer Island gem! Landscape and interior designers' charming, newly updated shingle style southend home with sweeping views of Lake Washington and Mt. Ranier, overlooking a beautiful English garden by Gary S Odegard! This exquisite 4bd/2.5bth dream of a home features serene marble counters, hardwood floors from Wales,upscale stainless appliances, relaxing deck spaces and stunning lakeview rooms! Perfectly located near Mercer Island Beach Club,walking trails, Clarke Beach,shopping, award winning Mercer Island schools, and easy commute to Bellevue or Seattle!
Last Agent to Sell the Property
John L. Scott, Inc. License #3777 Listed on: 09/26/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2164182
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,463
Year Built
- Built in 1969
Lot Details
- 0.28 Acre Lot
- Street terminates at a dead end
- Southeast Facing Home
- Partially Fenced Property
- Sloped Lot
- Fruit Trees
- Garden
Parking
- 2 Car Attached Garage
- Attached Carport
Property Views
- Lake
- Mountain
Home Design
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 2,720 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Skylights
- 2 Fireplaces
- Wood Burning Fireplace
- French Doors
- Dining Room
- Finished Basement
- Natural lighting in basement
- Storm Windows
Kitchen
- Oven or Range
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Slate Flooring
- Ceramic Tile
- Vinyl Plank
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Schools
- Mercer Isl High School
Utilities
- Forced Air Heating System
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Beach Club Subdivision
Listing and Financial Details
- Assessor Parcel Number 0763100041
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2023
Closed on
Jan 25, 2024
Sold by
Odegard Gary S and Shelley Marie
Bought by
Iskander Nabil Alfons and Attia Engi Farouk
Seller's Agent
Cindy Verschueren
John L. Scott, Inc.
Buyer's Agent
Melissa Klemmt
COMPASS
List Price
$2,998,800
Sold Price
$2,520,000
Premium/Discount to List
-$478,800
-15.97%
Views
106
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
-$14,774
Avg. Annual Appreciation
0.88%
Original Mortgage
$1,999,998
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 1989
Sold by
Loud Harry and Loud Gloria J
Bought by
Odegard Gary S and Odegard Shelly M
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 |
|---|---|---|---|
| Iskander Nabil Alfons | $2,520,000 | Fidelity National Title | |
| Odegard Gary S | $152,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Iskander Nabil Alfons | $1,950,000 | |
| Closed | Iskander Nabil Alfons | $1,999,998 | |
| Previous Owner | Odegard Gary S | $935,896 | |
| Previous Owner | Odegard Gary S | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2024 01/26/24 | Sold | $2,520,000 | -3.1% | $926 / Sq Ft |
| 12/04/2023 12/04/23 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | Price Changed | $2,600,000 | -7.1% | $956 / Sq Ft |
| 10/23/2023 10/23/23 | Price Changed | $2,799,000 | -6.7% | $1,029 / Sq Ft |
| 09/26/2023 09/26/23 | For Sale | $2,998,800 | -- | $1,103 / 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 | $12,034 | $1,836,000 | $1,200,000 | $636,000 |
| 2023 | $10,497 | $1,523,000 | $1,133,000 | $390,000 |
| 2022 | $9,393 | $1,704,000 | $1,275,000 | $429,000 |
| 2021 | $9,016 | $1,274,000 | $1,050,000 | $224,000 |
| 2020 | $9,481 | $1,125,000 | $1,000,000 | $125,000 |
| 2018 | $9,204 | $1,174,000 | $926,000 | $248,000 |
| 2017 | $7,772 | $1,060,000 | $838,000 | $222,000 |
| 2016 | $7,230 | $954,000 | $766,000 | $188,000 |
| 2015 | $6,971 | $864,000 | $694,000 | $170,000 |
| 2014 | -- | $796,000 | $642,000 | $154,000 |
| 2013 | -- | $676,000 | $558,000 | $118,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Verschueren
-
Melissa Klemmt
M
Buyer's Agent in 2024
Melissa Klemmt
COMPASS
(206) 245-7140
1 in this area
38 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2164182
APN: 073610-0041
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
Nearby Homes
- 8521 E Mercer Way
- 8526 E Mercer Way
- 8320 Avalon Dr
- 8260 Avalon Dr
- 8281 W Mercer Way
- 8246 W Mercer Way
- 8243 W Mercer Way
- 8066 Avalon Place
- 8112 SE 79th St
- 7922 E Mercer Way
- 7964 E Mercer Way
- 8097 W Mercer Way
- 8801 SE 78th St
- 7934 Lake View Ln
- 8055 W Mercer Way
- 7909 78th Ave SE
- 9271 SE 76th St
- 8001 W Mercer Way
- 7703 W Mercer Way
- 7442 92nd Ave SE
- 8553 85th Ave SE
- 8545 85th Ave SE
- 8550 85th Ave SE
- 8550 85th Ave SE
- 8550 85th Ave SE
- 8557 85th Ave SE
- 8520 E Mercer Way
- 8540 85th Ave SE
- 8559 85th Ave SE
- 8424 Benotho Place
- 8420 Benotho Place
- 8470 Benotho Place
- 8460 Benotho Place
- 8470 85th Ave SE
- 8408 Benotho Place
- 8474 85th Ave SE
- 8427 85th Ave SE
- 8410 Benotho Place
- 8565 E Mercer Way
- 8541 E Mercer Way