Seller's Agent in 2021
Scott Richards
Windermere Corporate
(208) 622-2700
2 in this area
90 Total Sales
Listed by Windermere Real Estate/East, Bought with Ewing & Clark, Inc.
8908 N Mercer Way Mercer Island, WA 98040
North Mercer NeighborhoodEstimated Value: $5,512,000 - $10,701,489
5
Beds
4.5
Baths
7,778
Sq Ft
$1,042/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Docks
- Rooftop Deck
- Northwood Elementary School Rated A
- Wine Cellar
- Lake View
About This Home
As of December 2021Cruise home to Mercer Island Luxury-A custom, timeless and distinctive residence that is the ideal blend of comfort and luxury, regal without pretense on the coveted north coast of Mercer Island. The heart of the nearly 7,800sf, five bedroom home is centered with a custom kitchen featuring massive honed Carrera marble island surrounded by water views. A luxurious primary suite with views of Lake Washington, boasts ample walk in closet and spa inspired five piece bath. Set upon a half acre manicured landscaped grounds with mature landscaping, A deepwater moorage dock with boat lift and ~100+/- feet of no bank waterfront along the shores of Lake Washington open the doors to the quintessential Pacific Northwest Lifestyle.
Last Agent to Sell the Property
Windermere Real Estate/East License #17884 Listed on: 12/08/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1867475
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $58,071
Year Built
- Built in 2004
Lot Details
- 0.49 Acre Lot
- 100 Feet of Waterfront
- Lake Front
- Dog Run
- Partially Fenced Property
- Terraced Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Territorial
Home Design
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 7,778 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- French Doors
- Wine Cellar
- Dining Room
- Finished Basement
Kitchen
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Softwood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Docks
- Rooftop Deck
- Patio
Schools
- Northwood Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Central Air
- Generator Hookup
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Beckes
- North End Subdivision
Listing and Financial Details
- Assessor Parcel Number 8106100160
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2021
Closed on
Dec 20, 2021
Sold by
Bailey Cavan Llc
Bought by
Corkwood Trust
Seller's Agent
Scott Richards
Windermere Real Estate/East
Buyer's Agent
Jane Powers
Ewing & Clark, Inc.
List Price
$10,998,800
Sold Price
$11,625,000
Premium/Discount to List
$626,200
5.69%
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
-$3,518,255
Avg. Annual Appreciation
-9.00%
Purchase Details
Listed on
Aug 11, 2014
Closed on
Sep 24, 2014
Sold by
Corcoran James B and Corcoran Victoria V
Bought by
Bailey Cavan Llc
Seller's Agent
Becky Gray
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Scott Richards
Windermere Real Estate/East
List Price
$7,248,000
Sold Price
$6,750,000
Premium/Discount to List
-$498,000
-6.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Purchase Details
Closed on
May 7, 2007
Sold by
Mounger Mitch and Mounger Wendy
Bought by
Corcoran James B and Corcoran Corcoran
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 3, 2004
Sold by
Mounger Mitch and Mounger Wendy
Bought by
Mounger Mitch and Mounger Wendy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2001
Sold by
Morrow Robert E
Bought by
Mounger Mitch and Mounger Wendy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
6.98%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 30, 1999
Sold by
Doolittle Helen E
Bought by
Doolittle L H
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corkwood Trust | $11,625,000 | Chicago Title | |
| Bailey Cavan Llc | $6,750,000 | Chicago Title | |
| Corcoran James B | $6,650,000 | Chicago Title | |
| Mounger Mitch | -- | Fidelity Natio | |
| Mounger Lowery C | -- | Fidelity Natio | |
| Mounger Mitch | $2,400,000 | Transnation Title Insurance | |
| Doolittle L H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Corcoran James B | $4,500,000 | |
| Previous Owner | Mounger Mitch | $3,500,000 | |
| Previous Owner | Mounger Mitch | $1,920,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/29/2021 12/29/21 | Sold | $11,625,000 | +5.7% | $1,495 / Sq Ft | |
| 12/13/2021 12/13/21 | Pending | -- | -- | -- | |
| 12/08/2021 12/08/21 | For Sale | $10,998,800 | +62.9% | $1,414 / Sq Ft | |
| 10/03/2014 10/03/14 | Sold | $6,750,000 | -6.9% | $868 / Sq Ft | View Prior Sale |
| 08/29/2014 08/29/14 | Pending | -- | -- | -- | |
| 08/11/2014 08/11/14 | For Sale | $7,248,000 | -- | $932 / 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 | $66,321 | $10,132,000 | $5,073,000 | $5,059,000 |
| 2023 | $69,804 | $9,515,000 | $4,786,000 | $4,729,000 |
| 2022 | $60,506 | $11,386,000 | $5,384,000 | $6,002,000 |
| 2021 | $58,071 | $8,220,000 | $4,432,000 | $3,788,000 |
| 2020 | $53,866 | $7,258,000 | $4,221,000 | $3,037,000 |
| 2018 | $55,896 | $6,677,000 | $3,745,000 | $2,932,000 |
| 2017 | $48,790 | $6,445,000 | $3,601,000 | $2,844,000 |
| 2016 | $45,377 | $5,997,000 | $3,292,000 | $2,705,000 |
| 2015 | $43,718 | $5,431,000 | $2,980,000 | $2,451,000 |
| 2014 | -- | $5,000,000 | $2,755,000 | $2,245,000 |
| 2013 | -- | $5,375,000 | $2,457,000 | $2,918,000 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Richards
-
Stephanie Haner
Seller Co-Listing Agent in 2021
Stephanie Haner
Windermere Corporate
(206) 795-0933
2 in this area
61 Total Sales
-
Jane Powers
Buyer's Agent in 2021
Jane Powers
Ewing & Clark, Inc.
(206) 979-9719
1 in this area
132 Total Sales
-
Becky Gray
Seller's Agent in 2014
Becky Gray
Reaologics Sothebys International Realty
(206) 605-1927
47 Total Sales
-
Connie Blumenthal
C
Seller Co-Listing Agent in 2014
Connie Blumenthal
Momentum RE Sea 2 Walla Walla
(206) 579-9739
5 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1867475
APN: 810610-0160
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Based on information submitted to the MLS GRID
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