R
Seller's Agent in 2020
Robert Potashnick
Ewing & Clark, Inc.
Listed by Ewing & Clark, Inc., Bought with COMPASS
8821 SE 56th St Mercer Island, WA 98040
Parkwood - Mercer Firs NeighborhoodEstimated Value: $2,555,000 - $2,879,000
4
Beds
2.5
Baths
3,017
Sq Ft
$918/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit
- Traditional Architecture
- Island Park Elementary School Rated A
- Territorial View
- 3-minute walk to Island Crest Park
About This Home
As of September 2020Iconic Parkwood Estate available for the first time in 47 years. 4 BR, 2.5 baths situated on a cul de sac with stunning gardens & mature landscaping. Priceless full size sport court for hoops, pickle ball, & safe play time. Main floor home office suite with separate entrance could be bonus/game room. Family room w/built ins, updated kitchen, large master suite w/remodeled bath. Main bath upstairs has jetted tub & dual sinks. Walk to Award Winning Island Park Elementary, parks, shops & trails.
Last Agent to Sell the Property
Robert Potashnick
Ewing & Clark, Inc. License #1925 Listed on: 07/23/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1635183
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,271
Year Built
- Built in 1966
Lot Details
- 0.27 Acre Lot
- Property is Fully Fenced
- Corner Lot
- Level Lot
- Sprinkler System
- Garden
- Property is in very good condition
HOA Fees
- $5 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Wood Siding
Interior Spaces
- 3,017 Sq Ft Home
- 2-Story Property
- Skylights
- 2 Fireplaces
- Dining Room
- Territorial Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Hydromassage or Jetted Bathtub
- Spa Bath
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Sport Court
- Deck
- Patio
Location
- Property is near public transit
Schools
- Island Park Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Upon Request Association
- Parkwood Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 6672900260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2020
Closed on
Sep 3, 2020
Sold by
Morris Larry P and Morris Barbara S
Bought by
Cahoon Christopher A and Cahoon Melissa A
Seller's Agent
Robert Potashnick
Ewing & Clark, Inc.
Buyer's Agent
Jeff Reynolds
COMPASS
List Price
$2,105,000
Sold Price
$1,950,000
Premium/Discount to List
-$155,000
-7.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,857
Avg. Annual Appreciation
6.73%
Original Mortgage
$1,560,000
Outstanding Balance
$1,390,669
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,303,428
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cahoon Christopher A | $1,950,000 | Cw Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cahoon Christopher A | $1,560,000 | |
| Previous Owner | Morris Larry P | $550,000 | |
| Previous Owner | Morris Larry P | $340,000 | |
| Previous Owner | Morris Larry P | $214,500 | |
| Previous Owner | Morris Larry P | $210,000 | |
| Previous Owner | Morris Larry P | $235,000 | |
| Previous Owner | Morris Larry P | $273,297 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2020 09/11/20 | Sold | $1,950,000 | -7.4% | $646 / Sq Ft |
| 08/11/2020 08/11/20 | Pending | -- | -- | -- |
| 07/23/2020 07/23/20 | For Sale | $2,105,000 | -- | $698 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
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 | $14,749 | $2,251,000 | $1,260,000 | $991,000 |
| 2023 | $14,514 | $2,114,000 | $1,189,000 | $925,000 |
| 2022 | $12,697 | $2,365,000 | $1,338,000 | $1,027,000 |
| 2021 | $12,191 | $1,723,000 | $1,102,000 | $621,000 |
| 2020 | $12,102 | $1,522,000 | $1,050,000 | $472,000 |
| 2018 | $11,744 | $1,499,000 | $794,000 | $705,000 |
| 2017 | $9,919 | $1,353,000 | $718,000 | $635,000 |
| 2016 | $9,226 | $1,218,000 | $657,000 | $561,000 |
| 2015 | $8,894 | $1,103,000 | $595,000 | $508,000 |
| 2014 | -- | $1,016,000 | $550,000 | $466,000 |
| 2013 | -- | $839,000 | $577,000 | $262,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jeff Reynolds
Buyer's Agent in 2020
Jeff Reynolds
Avenue Properties
(206) 794-1118
1 in this area
95 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1635183
APN: 667290-0260
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Based on information submitted to the MLS GRID
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