NOT LISTED FOR SALE

8601 SE 78th St Mercer Island, WA 98040

Mercer Island Estates Neighborhood

Estimated Value: $2,294,000 - $2,583,000

4 Beds
3 Baths
3,030 Sq Ft
$799/Sq Ft Est. Value

About This Home

This home is located at 8601 SE 78th St, Mercer Island, WA 98040 and is currently estimated at $2,422,114, approximately $799 per square foot. 8601 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2003
Sold by
Verschueren F Joseph and Verschueren Cynthia E
Bought by
Yoon Andrew I and Yoon Oak Chun
Current Estimated Value
$2,422,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.72%

Purchase Details

Closed on
Sep 22, 1997
Sold by
Bassett W George and Bassett Edwina J
Bought by
Verschueren F Joseph and Verschueren Cynthia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.54%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Yoon Andrew I $670,000 Transnation Ti
Verschueren F Joseph $554,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Andrew I $1,200,000
Closed Yoon Andrew I $755,000
Closed Yoon Andrew I $490,000
Previous Owner Verschueren F Joseph $420,000
Source: Public Records

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 $12,165 $1,856,000 $1,200,000 $656,000
2023 $11,970 $1,743,000 $1,133,000 $610,000
2022 $10,746 $1,950,000 $1,275,000 $675,000
2021 $10,320 $1,458,000 $1,050,000 $408,000
2020 $10,555 $1,288,000 $1,000,000 $288,000
2018 $10,244 $1,307,000 $867,000 $440,000
2017 $8,651 $1,180,000 $784,000 $396,000
2016 $8,048 $1,062,000 $717,000 $345,000
2015 $7,757 $962,000 $649,000 $313,000
2014 -- $886,000 $600,000 $286,000
2013 -- $840,000 $515,000 $325,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Mercer Island Estates

8601 SE 78th St, Mercer Island, WA

This home is located at 8601 SE 78th St, Mercer Island, WA 98040 and is currently estimated at $2,422,114, approximately $799 per square foot. 8601 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.

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