NOT LISTED FOR SALE

Estimated Value: $1,646,000 - $2,036,000

5 Beds
3 Baths
2,260 Sq Ft
$787/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $1,260,000 $558 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,207/month

About This Home

As of July 2021

This home is located at 8814 SE 40th St, Mercer Island, WA 98040 since 28 July 2021 and is currently estimated at $1,778,719, approximately $787 per square foot. This property was built in 1956. 8814 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.

Last Buyer's Agent

Sheng-Hung Lai

Windermere Real Estate/East License #127109

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1815956

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,312

Year Built

  • Built in 1956

Lot Details

  • 0.31

Parking

  • Attached Carport

Home Design

  • Flat Roof Shape
  • Wood Composite

Community Details

  • Madrona Crest Community

Listing and Financial Details

  • Assessor Parcel Number 5021900930

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,312

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 2260

Exterior Features

  • Exterior: Wood Products
  • Roof: Flat

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Madrona Crest

Lot Info

  • Lot Sq Ft: 13300
  • Parcel Number: 5021900930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Jul 26, 2021
Sold by
Ho Family Llc
Bought by
Lu Maolin and Chen Yuanyuan
Buyer's Agent
Sheng-Hung Lai
Windermere Real Estate/East
List Price
$1,260,000
Sold Price
$1,260,000
Current Estimated Value
$1,778,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,719
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Dec 29, 2009
Sold by
Ho Lawrence K and Ho Susan
Bought by
Ho Family Llc

Purchase Details

Closed on
Sep 14, 2009
Sold by
Ho Family Llc
Bought by
Ho Lawrence K and Ho Susan

Purchase Details

Closed on
Nov 2, 2004
Sold by
Ho Lawrence K and Ho Susan
Bought by
Ho Family Llc

Purchase Details

Closed on
May 23, 2003
Sold by
Fenton Karon E
Bought by
Ho Lawrence K and Ho Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1993
Sold by
Jones Phillip
Bought by
Fenton Karon E
Source: Public Records

Range of Values:

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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
Lu Maolin $1,260,000 Old Republic Title
Ho Family Llc -- None Available
Ho Lawrence K -- None Available
Ho Family Llc -- Chicago Title
Ho Lawrence K $390,000 Washington Tit
Fenton Karon E -- --
Fenton Karon E $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Lawrence K $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $1,260,000 0.0% $558 / Sq Ft
07/28/2021 07/28/21 For Sale $1,260,000 -- $558 / 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 $9,312 $1,420,000 $1,197,000 $223,000
2023 $9,369 $1,359,000 $1,130,000 $229,000
2022 $8,377 $1,520,000 $1,272,000 $248,000
2021 $8,400 $1,136,000 $1,047,000 $89,000
2020 $7,476 $1,048,000 $998,000 $50,000
2018 $7,062 $901,000 $722,000 $179,000
2017 $5,967 $813,000 $653,000 $160,000
2016 $5,551 $732,000 $597,000 $135,000
2015 $5,354 $663,000 $541,000 $122,000
2014 -- $611,000 $500,000 $111,000
2013 -- $531,000 $462,000 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1815956

Northwest Multiple Listing Service (NWMLS)

APN: 502190-0930