Seller's Agent in 2020
Edward Gillis
Keller Williams Realty Bothell
(425) 422-7107
94 Total Sales
Listed by Keller Williams Realty Bothell, Bought with Better Properties Eastside
8846 SE 40th St Mercer Island, WA 98040
Shorewood NeighborhoodEstimated Value: $1,475,000 - $1,810,000
4
Beds
1.5
Baths
2,102
Sq Ft
$752/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Deck
- Wood Flooring
- Northwood Elementary School Rated A
- Property is near public transit
- 2 Fireplaces
About This Home
As of February 2020Opportunity Knocks on Mercer Island! This North Island 4 Bedroom home sits on a Desirable .31 Acre Lot with huge options; Custom Renovation, plenty of room for a big addition or maybe a Custom Home? Just 3 Minutes on or off the Island! Cross the Street to Mary Wayte Pool. Almost Next Door to the Best Schools, Don’t miss this unique offering. Rambler w/Walk-out Basement. Over 1290 sf on the Main Floor, Over 1000 sf Down (Ideal Guest Quarters) Family Room, Fireplace & 1 Bedroom down w/half bath.
Last Agent to Sell the Property
Keller Williams Realty Bothell License #43135 Listed on: 12/15/2019
Last Buyer's Agent
James Kennedy
Better Properties Eastside License #4465
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1544843
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $385
Year Built
- Built in 1951
Lot Details
- 0.31 Acre Lot
- Property is Fully Fenced
- Level Lot
- Garden
- Value in Land
- Property is in good condition
- Zoning described as R8.4
Parking
- RV Access or Parking
Home Design
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,102 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 2 Fireplaces
- Dining Room
- Partially Finished Basement
- Natural lighting in basement
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Northwood Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Madrona Crest Subdivision
Listing and Financial Details
- Senior Tax Exemptions
- Assessor Parcel Number 5021900905
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2019
Closed on
Jan 28, 2020
Sold by
Marx Mary Beth and Marx John G
Bought by
Waggoner Michael and Donaldson Fletcher Emily
Seller's Agent
Edward Gillis
Keller Williams Realty Bothell
Buyer's Agent
James Kennedy
Better Properties Eastside
List Price
$850,000
Sold Price
$910,000
Premium/Discount to List
$60,000
7.06%
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
$671,439
Avg. Annual Appreciation
9.31%
Original Mortgage
$728,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2004
Sold by
Marx Mary Beth
Bought by
Marx Mary Beth and Marx John G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 1999
Sold by
Marx Mary Beth
Bought by
Marx Mary Beth
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 |
|---|---|---|---|
| Waggoner Michael | $910,000 | Chicago Title | |
| Marx Mary Beth | $180,000 | Chicago Title | |
| Marx Mary Beth | -- | Evergreen Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Waggoner Michael | $728,000 | |
| Previous Owner | Marx Mary Beth | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2020 02/07/20 | Sold | $910,000 | +1.1% | $433 / Sq Ft |
| 12/25/2019 12/25/19 | Pending | -- | -- | -- |
| 12/24/2019 12/24/19 | Price Changed | $900,000 | +5.9% | $428 / Sq Ft |
| 12/15/2019 12/15/19 | For Sale | $850,000 | -- | $404 / 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 | $7,878 | $1,201,000 | $1,003,000 | $198,000 |
| 2023 | $7,931 | $1,150,000 | $947,000 | $203,000 |
| 2022 | $7,097 | $1,287,000 | $1,066,000 | $221,000 |
| 2021 | $7,112 | $962,000 | $878,000 | $84,000 |
| 2020 | $357 | $1,048,000 | $998,000 | $50,000 |
| 2018 | $385 | $176,000 | $120,000 | $56,000 |
| 2017 | $410 | $690,000 | $653,000 | $37,000 |
| 2016 | $420 | $642,000 | $597,000 | $45,000 |
| 2015 | $430 | $582,000 | $541,000 | $41,000 |
| 2014 | -- | $536,000 | $500,000 | $36,000 |
| 2013 | -- | $501,000 | $462,000 | $39,000 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Gillis
-
J
Buyer's Agent in 2020
James Kennedy
Better Properties Eastside
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1544843
APN: 502190-0905
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Based on information submitted to the MLS GRID
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