NOT LISTED FOR SALE

8840 SE 40th St Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $2,406,000 - $3,837,000

6 Beds
6 Baths
5,272 Sq Ft
$637/Sq Ft Est. Value

About This Home

This home is located at 8840 SE 40th St, Mercer Island, WA 98040 and is currently estimated at $3,360,739, approximately $637 per square foot. 8840 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
Oct 8, 2009
Sold by
Berkshire Home Designs Inc
Bought by
Zhang Wen Jun and Zhao Zhao
Current Estimated Value
$3,360,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Outstanding Balance
$524,040
Interest Rate
5.02%
Mortgage Type
New Conventional
Estimated Equity
$2,836,699

Purchase Details

Closed on
Dec 30, 2005
Sold by
Embly Kevin W and Graves Embly Gayle M
Bought by
Berkshire Home Designs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,290,000
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 1999
Sold by
Graves John T and Graves Ruth M
Bought by
Embly Kevin W and Graves Embly Gayle M

Purchase Details

Closed on
Jan 27, 1995
Sold by
Wong Brian K and Wong Joyce L
Bought by
Graves John Tudor and Graves Ruth Marise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
9.28%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhang Wen Jun $1,150,000 Chicago Title
Berkshire Home Designs Inc $498,000 Chicago Title
Embly Kevin W -- --
Graves John Tudor $165,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Wen Jun $805,000
Previous Owner Berkshire Home Designs Inc $1,290,000
Previous Owner Graves John Tudor $165,000
Closed Graves John Tudor $4,433
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 $16,255 $2,481,000 $1,113,000 $1,368,000
2023 $16,359 $2,375,000 $1,050,000 $1,325,000
2022 $14,625 $2,656,000 $1,182,000 $1,474,000
2021 $14,663 $1,985,000 $973,000 $1,012,000
2020 $14,833 $1,831,000 $927,000 $904,000
2018 $14,007 $1,789,000 $649,000 $1,140,000
2017 $12,229 $1,614,000 $587,000 $1,027,000
2016 $11,381 $1,502,000 $537,000 $965,000
2015 $10,965 $1,361,000 $486,000 $875,000
2014 -- $1,253,000 $450,000 $803,000
2013 -- $1,173,000 $441,000 $732,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Shorewood

8840 SE 40th St, Mercer Island, WA

Not Listed for Sale

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.

Nearby Homes