NOT LISTED FOR SALE

8826 SE 37th St Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $3,377,000 - $3,874,000

4 Beds
1 Bath
4,029 Sq Ft
$879/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $2,980,000 $740 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $20,725/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Wood Flooring
  • Northwood Elementary School Rated A
  • Contemporary Architecture
  • 3 Fireplaces

About This Home

As of September 2021

Rare find in Madrona Crest! Amazing 2 story w/entertainer's dream garage! Fully finished 3 car garage with home theater, custom lighting & built in fridge/freezer. You are set for holidays & Super bowl extravaganzas! This fully finished space is NOT counted in total finished sqft & is still a fully functional 3 car garage. 2 story floor-to-ceiling stone fireplace anchors the focal point of the home. Admire your lush & fully fenced backyard through the wall of windows! Home office & convenient guest suite on main floor. Spacious owners suite w/dual walk in closets & spa-like bath complete the experience. Each bedroom has its own bath, so no one has to fight for space. Bonus room with 2nd staircase for easy access. This is a good one!

Last Agent to Sell the Property

Gordy Marks

RE/MAX Northwest License #8019 Listed on: 08/10/2021

RE/MAX Northwest

Co-Listed By

Jesse Sheldon

RE/MAX Northwest License #106456

Last Buyer's Agent

Jessie Gui

Windermere Real Estate/East License #124490

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1820096

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,616

Year Built

  • Built in 2005

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco
  • Stone

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Private Water Source
  • High Speed Internet
  • Cable TV Available

Community Details

  • Madrona Crest Community

Listing and Financial Details

  • Assessor Parcel Number 5021900440

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,616

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4029
  • Square Footage Finished: 4029

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Stone, Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: garage-Gas tankless
  • Water Source: Private

Condo/Co-op/Association

  • Community Name: Madrona Crest
  • Project: Madrona Crest

Schools

  • Elementary School: Northwood Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 22
  • Lot Details: Paved Street
  • Lot Sq Ft: 11400
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 5021900440
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 14817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 14, 2021
Sold by
Zimmer David and Zimmer Karen
Bought by
Wu Shichao and Li Jiahui
Seller's Agent
Gordy Marks
RE/MAX Northwest
Buyer's Agent
Jessie Gui
Windermere Real Estate/East
List Price
$2,800,000
Sold Price
$2,980,000
Premium/Discount to List
$180,000
6.43%
Current Estimated Value
$3,541,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,139
Avg. Annual Appreciation
3.35%
Original Mortgage
$2,384,000
Outstanding Balance
$2,189,843
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,205,395

Purchase Details

Closed on
Jan 23, 2006
Sold by
Nguyen Mary K and Nguyen Chuc
Bought by
Zimmer David and Zimmer Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 2004
Sold by
Greime Gloria J
Bought by
Nguyen Mary K and Nguyen Chuc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,200
Interest Rate
6.29%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 27, 2004
Sold by
Young Jane A
Bought by
Nguyen Mary K and Nguyen Chuc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,200
Interest Rate
6.29%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 15, 2004
Sold by
Bui Quyen
Bought by
Nguyen Chuc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,200
Interest Rate
6.29%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Wu Shichao $2,980,000 Wfg Natl Ttl Co Of Wa Llc
Zimmer David $1,450,000 Ticor National
Nguyen Mary K $218,750 Chicago Title
Nguyen Mary K $218,750 Chicago Title
Nguyen Chuc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Shichao $2,384,000
Previous Owner Zimmer Dave $317,000
Previous Owner Zimmer David $200,000
Previous Owner Zimmer David $417,000
Previous Owner Nguyen Mary K $328,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $2,980,000 +6.4% $740 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $2,800,000 -- $695 / 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 $17,616 $2,689,000 $1,204,000 $1,485,000
2023 $17,333 $2,526,000 $1,136,000 $1,390,000
2022 $15,559 $2,825,000 $1,278,000 $1,547,000
2021 $14,703 $2,112,000 $1,052,000 $1,060,000
2020 $14,817 $1,836,000 $1,002,000 $834,000
2018 $13,999 $1,787,000 $722,000 $1,065,000
2017 $12,221 $1,613,000 $653,000 $960,000
2016 $11,373 $1,501,000 $597,000 $904,000
2015 $10,957 $1,360,000 $541,000 $819,000
2014 -- $1,252,000 $500,000 $752,000
2013 -- $1,198,000 $480,000 $718,000
Source: Public Records

Agents Affiliated with this Home

  • Gordy Marks

    Seller's Agent in 2021

    Gordy Marks

    RE/MAX

    (425) 770-4444

    1 in this area

    210 Total Sales

    Gordy Marks
    Section Image
  • Jesse Sheldon

    Seller Co-Listing Agent in 2021

    Jesse Sheldon

    RE/MAX

    (425) 393-7908

    1 in this area

    151 Total Sales

    Jesse Sheldon
    Section Image
  • Jessie Gui

    Buyer's Agent in 2021

    Jessie Gui

    Windermere Corporate

    (425) 444-7900

    2 in this area

    78 Total Sales

    Jessie Gui
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1820096

Northwest Multiple Listing Service (NWMLS)

APN: 502190-0440

Washington King County Mercer Island 98040 Shorewood

8826 SE 37th St, Mercer Island, WA

This home is located at 8826 SE 37th St, Mercer Island, WA 98040 since 10 August 2021 and is currently estimated at $3,541,139, approximately $878 per square foot. This property was built in 2005. 8826 SE 37th St is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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