J
Seller's Agent in 2020
James Hagstrom
John L Scott
Listed by John L. Scott, Inc., Bought with Skyline Properties, Inc.
8601 SE 71st St Mercer Island, WA 98040
Mercer Island Estates NeighborhoodEstimated Value: $1,730,000 - $2,295,000
6
Beds
3
Baths
2,850
Sq Ft
$720/Sq Ft
Est. Value
Highlights
- Deck
- Contemporary Architecture
- Wood Flooring
- Lakeridge Elementary School Rated A
- Property is near public transit
- 3-minute walk to Wildwood Park
About This Home
As of July 2020Original owner moving on after 54 years. This is an investor's dream near Lakeridge Elementary, IMS, shopping, MI Country Club and Sunnybeam. 5 minutes on Island Crest Way and you have access to I-90 E/W bound. Split entry with master + 2 other BRs up with 3 BRs down. Lower level has 290sqft of "unfinished" space ($5,000 and this would be fininshed), tons of storage. Corner lot, big level partially fenced back yard with southern exposure. It's time for the next owner to make it their own.
Last Agent to Sell the Property
James Hagstrom
John L. Scott, Inc. License #11328 Listed on: 06/26/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1557316
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,855
Year Built
- Built in 1966
Lot Details
- 10,802 Sq Ft Lot
- Partially Fenced Property
- Corner Lot
- Level Lot
- Garden
- Zoning described as R9.6
Parking
- 2 Car Garage
Home Design
- Contemporary Architecture
- Split Foyer
- Fixer Upper
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,850 Sq Ft Home
- Multi-Level Property
- 3 Fireplaces
- Dining Room
- Partially Finished Basement
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Community Details
- Mercer Island Estates Subdivision
Listing and Financial Details
- Tax Lot 44
- Assessor Parcel Number 5451100440
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2020
Closed on
Jul 29, 2020
Sold by
Soffe Geralyn M
Bought by
Gray Phil and Gray Emily Anne
Seller's Agent
James Hagstrom
John L. Scott, Inc.
Buyer's Agent
James Rudolf
Skyline Properties, Inc.
List Price
$1,149,000
Sold Price
$1,240,000
Premium/Discount to List
$91,000
7.92%
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
$812,966
Avg. Annual Appreciation
9.88%
Original Mortgage
$930,000
Outstanding Balance
$826,498
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,226,468
Purchase Details
Closed on
Jul 9, 2016
Sold by
Soffe Anne P
Bought by
Soffe Geralyn M
Purchase Details
Closed on
Jan 16, 2005
Sold by
Soffe Gerard R
Bought by
Soffe Anne P
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 |
|---|---|---|---|
| Gray Phil | $1,240,000 | Fidelity National Title | |
| Soffe Geralyn M | -- | None Available | |
| Soffe Anne P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gray Phil | $930,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2020 07/31/20 | Sold | $1,240,000 | +7.9% | $435 / Sq Ft |
| 06/30/2020 06/30/20 | Pending | -- | -- | -- |
| 06/26/2020 06/26/20 | For Sale | $1,149,000 | -- | $403 / 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 | $10,574 | $1,613,000 | $1,200,000 | $413,000 |
| 2023 | $10,442 | $1,515,000 | $1,133,000 | $382,000 |
| 2022 | $9,341 | $1,695,000 | $1,275,000 | $420,000 |
| 2021 | $8,968 | $1,267,000 | $1,050,000 | $217,000 |
| 2020 | $8,431 | $1,119,000 | $1,000,000 | $119,000 |
| 2018 | $8,181 | $1,044,000 | $867,000 | $177,000 |
| 2017 | $1,385 | $942,000 | $784,000 | $158,000 |
| 2016 | $1,419 | $877,000 | $717,000 | $160,000 |
| 2015 | $1,456 | $795,000 | $649,000 | $146,000 |
| 2014 | -- | $732,000 | $600,000 | $132,000 |
| 2013 | -- | $636,000 | $515,000 | $121,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
James Rudolf
J
Buyer's Agent in 2020
James Rudolf
Skyline Properties, Inc
(425) 455-2065
10 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1557316
APN: 545110-0440
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Based on information submitted to the MLS GRID
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