8616 SE 40th St Mercer Island, WA 98040
Shorewood NeighborhoodEstimated Value: $1,598,898 - $1,689,000
3
Beds
1
Bath
1,010
Sq Ft
$1,627/Sq Ft
Est. Value
About This Home
This home is located at 8616 SE 40th St, Mercer Island, WA 98040 and is currently estimated at $1,643,225, approximately $1,626 per square foot. 8616 SE 40th St is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 17, 1996
Sold by
Stevenson Daniel J and Stevenson Donna M
Bought by
Frazier John B and Frazier Andrea L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Outstanding Balance
$20,078
Interest Rate
7.59%
Estimated Equity
$1,623,147
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frazier John B | $210,000 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frazier John B | $199,500 |
Source: Public Records
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 | $8,958 | $1,366,000 | $1,174,000 | $192,000 |
| 2023 | $9,018 | $1,308,000 | $1,108,000 | $200,000 |
| 2022 | $8,068 | $1,463,000 | $1,247,000 | $216,000 |
| 2021 | $8,088 | $1,094,000 | $1,027,000 | $67,000 |
| 2020 | $5,906 | $1,009,000 | $979,000 | $30,000 |
| 2018 | $5,761 | $732,000 | $722,000 | $10,000 |
| 2017 | $4,950 | $663,000 | $653,000 | $10,000 |
| 2016 | $4,615 | $607,000 | $597,000 | $10,000 |
| 2015 | $4,471 | $551,000 | $541,000 | $10,000 |
| 2014 | -- | $510,000 | $500,000 | $10,000 |
| 2013 | -- | $442,000 | $441,000 | $1,000 |
Source: Public Records
Map
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