NOT LISTED FOR SALE

8863 SE 74th Place Mercer Island, WA 98040

Tarywood Neighborhood

Estimated Value: $2,925,000 - $3,443,000

4 Beds
3 Baths
3,560 Sq Ft
$881/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $1,560,000 $438 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $18,949/month

4 Days on Market

About This Home

As of May 2014

A stunning masterpiece set in a wonderful neighborhood Tarywood Park. This beautiful home is the perfect combination of quality construction, desirable open floor plan and convenient location. Features a gourmet kitchen with natural stone counters & stainless steel appliances, formal living & dining rooms, elegant Master Suite, large bonus room, a covered Tigerwood deck perfect for entertaining, hot tub, finished 800 sq ft garage. A fenced yard surrounds this professionally landscaped oasis.

Last Listed By

Gerald Chew

Coldwell Banker Bain License #52391 Listed on: 03/18/2014

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM606368

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$18,833

Year Built

1986

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 3560
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, French Doors, Hot Tub/Spa, Skylights, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Gas

Exterior Features

  • Roof: Cedar Shake
  • Homebuilder: RKK
  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete, Slab
  • Lot Details: Cul-de-sac, Dead End Street, Paved Street
  • Roof: Cedar Shake
  • Site Features: Cable TV, Deck, Partial Fence, Natural Gas Available, High Speed Internet, Hot Tub/Spa, Patio, Sprinkler System
  • Lot Topography: Garden Space, Level

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Available
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 25
  • HOA Fee Frequency: Annual

Schools

  • School District: MIS
  • Elementary School: Lakeridge Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
May 1, 2014
Sold by
Shanks Andrew and Shanks Jamie
Bought by
Martz Benjamin and Lisbakken Kelly
Seller's Agent
Gerald Chew
Coldwell Banker Bain
Buyer's Agent
Peggy Watkins
Coldwell Banker Bain
List Price
$1,498,000
Sold Price
$1,560,000
Premium/Discount to List
$62,000
4.14%
Total Days on Market
4
Current Estimated Value
$3,134,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,574,916
Original Mortgage
$858,000
Outstanding Balance
$673,909
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2000
Sold by
Tesler Alan S and Tesler Michele C
Bought by
Shanks Andrew and Shanks Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
8.25%

Range of Values:

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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
Martz Benjamin $1,560,000 Chicago Title
Shanks Andrew $1,060,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martz Benjamin $858,000
Previous Owner Shanks Jamie L $406,000
Previous Owner Shanks Jamie $417,000
Previous Owner Shanks Jamie $150,000
Previous Owner Shanks Andrew $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2014 05/22/14 Sold $1,560,000 +4.1% $438 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $1,498,000 -- $421 / 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 $18,833 $2,875,000 $1,321,000 $1,554,000
2023 $18,528 $2,700,000 $1,247,000 $1,453,000
2022 $16,207 $3,020,000 $1,403,000 $1,617,000
2021 $15,559 $2,200,000 $1,155,000 $1,045,000
2020 $16,230 $1,943,000 $1,100,000 $843,000
2018 $15,750 $2,011,000 $867,000 $1,144,000
2017 $13,197 $1,815,000 $784,000 $1,031,000
2016 $12,275 $1,621,000 $717,000 $904,000
2015 $11,831 $1,468,000 $649,000 $819,000
2014 -- $1,352,000 $600,000 $752,000
2013 -- $966,000 $577,000 $389,000
Source: Public Records

Agents Affiliated with this Home

  • Gerald Chew

    Seller's Agent in 2014

    Gerald Chew

    Coldwell Banker Bain

    (206) 679-9294

    27 Total Sales

    Gerald Chew
    Section Image
  • Peggy Watkins

    Buyer's Agent in 2014

    Peggy Watkins

    Coldwell Banker Bain

    (206) 679-5444

    22 Total Sales

    Peggy Watkins
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM606368

Northwest Multiple Listing Service (NWMLS)

APN: 856640-0140

Washington King County Mercer Island 98040 Tarywood

8863 SE 74th Place, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8863 SE 74th Place, Mercer Island, WA 98040 since 18 March 2014 and is currently estimated at $3,134,916, approximately $880 per square foot. This property was built in 1986. 8863 SE 74th Place is a home located in King County with nearby schools including Lakeridge 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) 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. ©2025 NWMLS.

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