8626 SE 40th St Mercer Island, WA 98040
Shorewood NeighborhoodEstimated Value: $3,177,521 - $3,572,000
6
Beds
5
Baths
3,720
Sq Ft
$911/Sq Ft
Est. Value
About This Home
This home is located at 8626 SE 40th St, Mercer Island, WA 98040 and is currently estimated at $3,389,130, approximately $911 per square foot. 8626 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 10, 2014
Sold by
Lee Tony C
Bought by
Lee Wendy W
Current Estimated Value
Purchase Details
Closed on
Jan 29, 2010
Sold by
Li Ruth Pao Yu
Bought by
Lee Tony C
Purchase Details
Closed on
Aug 5, 1997
Sold by
Weissman Robert M and Weissman Susan E
Bought by
Li Ruth Pao Yu and Lee Wendy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.09%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Wendy W | -- | None Available | |
| Lee Tony C | $182,500 | None Available | |
| Li Ruth Pao Yu | $217,500 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Li Ruth Pao Yu | $174,000 |
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 | $16,706 | $2,550,000 | $1,238,000 | $1,312,000 |
| 2023 | $16,751 | $2,441,000 | $1,168,000 | $1,273,000 |
| 2022 | $15,037 | $2,730,000 | $1,314,000 | $1,416,000 |
| 2021 | $15,071 | $2,041,000 | $1,082,000 | $959,000 |
| 2020 | $15,543 | $1,882,000 | $1,031,000 | $851,000 |
| 2018 | $14,684 | $1,875,000 | $722,000 | $1,153,000 |
| 2017 | $12,823 | $1,692,000 | $653,000 | $1,039,000 |
| 2016 | $12,333 | $1,575,000 | $597,000 | $978,000 |
| 2015 | $4,471 | $1,475,000 | $541,000 | $934,000 |
| 2014 | -- | $510,000 | $500,000 | $10,000 |
| 2013 | -- | $463,000 | $462,000 | $1,000 |
Source: Public Records
Map
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