NOT LISTED FOR SALE

8615 SE 78th St Mercer Island, WA 98040

Mercer Island Estates Neighborhood

Estimated Value: $1,642,000 - $2,313,000

5 Beds
3 Baths
2,820 Sq Ft
$732/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $1,360,000 $482 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $11,841/month

Highlights

  • Attached Garage
  • Lakeridge Elementary School Rated A
  • Wood Siding

About This Home

As of August 2018

This home is located at 8615 SE 78th St, Mercer Island, WA 98040 since 07 August 2018 and is currently estimated at $2,063,566, approximately $731 per square foot. This property was built in 1974. 8615 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.

Last Buyer's Agent

Mike Chaffee

Chaffee Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1343538

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,707

Year Built

  • Built in 1974

Lot Details

  • 9,583

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Community Details

  • South End Community

Listing and Financial Details

  • Assessor Parcel Number 5451220100

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,707

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 2820

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End

Lot Info

  • Lot Sq Ft: 9600
  • Parcel Number: 5451220100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Jul 27, 2018
Sold by
Nyman Maurine Rebecca
Bought by
Weber David C and Weber Courtney J
Buyer's Agent
Mike Chaffee
Chaffee Real Estate
List Price
$1,360,000
Sold Price
$1,360,000
Current Estimated Value
$2,063,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,566
Avg. Annual Appreciation
5.85%
Original Mortgage
$884,000
Outstanding Balance
$767,718
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,295,848

Purchase Details

Closed on
Aug 25, 2010
Sold by
Mcardle Charles Farrell and Nyman Maurine Rebecca
Bought by
Nyman Maurine Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1995
Sold by
Courtman Dorothy C
Bought by
Mcardle Charles Farrell and Nyman Maurine Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weber David C $1,360,000 Wfg National Title Company O
Nyman Maurine Rebecca -- None Available
Mcardle Charles Farrell $380,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber David C $884,000
Previous Owner Nyman Maurine Rebecca $565,000
Previous Owner Mcardle Charles Farrell $323,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $1,360,000 0.0% $482 / Sq Ft
08/07/2018 08/07/18 For Sale $1,360,000 -- $482 / 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 $11,707 $1,786,000 $1,200,000 $586,000
2023 $11,563 $1,678,000 $1,133,000 $545,000
2022 $10,342 $1,877,000 $1,275,000 $602,000
2021 $9,928 $1,403,000 $1,050,000 $353,000
2020 $9,702 $1,239,000 $1,000,000 $239,000
2018 $9,412 $1,201,000 $867,000 $334,000
2017 $7,951 $1,084,000 $784,000 $300,000
2016 $7,397 $976,000 $717,000 $259,000
2015 $7,128 $884,000 $649,000 $235,000
2014 -- $814,000 $600,000 $214,000
2013 -- $720,000 $515,000 $205,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2018

    Mike Chaffee

    Chaffee Real Estate

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1343538

Northwest Multiple Listing Service (NWMLS)

APN: 545122-0100

Washington King County Mercer Island 98040 Mercer Island Estates

8615 SE 78th St, Mercer Island, WA

Not Listed for Sale

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.

Northwest Multiple Listing Service (NWMLS) 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

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