NOT LISTED FOR SALE

Estimated Value: $1,833,000 - $1,967,000

3 Beds
3 Baths
1,920 Sq Ft
$989/Sq Ft Est. Value

About This Home

This home is located at 8820 SE 60th St, Mercer Island, WA 98040 and is currently estimated at $1,899,053, approximately $989 per square foot. 8820 SE 60th St is a home located in King County with nearby schools including Island Park Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2017
Sold by
Gross Gross M and Gross Maria Mercedes
Bought by
Gross Maria Mercedes
Current Estimated Value
$1,899,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,813
Outstanding Balance
$489,962
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,356,520

Purchase Details

Closed on
Jul 10, 2001
Sold by
Koval Helen I
Bought by
Olson David W and Olson Nollie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.26%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 6, 2001
Sold by
Olson David W and Olson Nollie R Alberto
Bought by
Gross M Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.26%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 4, 1998
Sold by
Hubbard Mary E
Bought by
Olson David W and Olson Nollie R Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.61%

Purchase Details

Closed on
Jul 8, 1997
Sold by
Hubbard Mary G and Hubbard Mary E
Bought by
Hubbard Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,950
Interest Rate
8.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Gross Maria Mercedes -- Servicelink
Olson David W $650,000 Chicago Title
Gross M Mercedes $506,500 Evergreen Title Company Inc
Olson David W $381,000 Transnation Title Insurance
Hubbard Mary E -- Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Maria Mercedes $80,000
Open Gross Maria Mercedes $581,813
Closed Gross M Mercedes $120,000
Closed Gross M Mercedes $536,250
Closed Olson David W $650,000
Closed Gross M Mercedes $400,000
Previous Owner Olson David W $275,000
Previous Owner Hubbard Mary E $95,950
Closed Gross M Mercedes $55,850
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 $9,868 $1,505,000 $1,170,000 $335,000
2023 $9,715 $1,414,000 $1,104,000 $310,000
2022 $8,723 $1,582,000 $1,242,000 $340,000
2021 $8,376 $1,183,000 $1,023,000 $160,000
2020 $8,092 $1,045,000 $975,000 $70,000
2018 $7,851 $1,002,000 $794,000 $208,000
2017 $6,633 $904,000 $718,000 $186,000
2016 $6,177 $814,000 $657,000 $157,000
2015 $5,957 $738,000 $595,000 $143,000
2014 -- $680,000 $550,000 $130,000
2013 -- $604,000 $538,000 $66,000
Source: Public Records

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