8920 N Mercer Way Mercer Island, WA 98040
North Mercer NeighborhoodEstimated Value: $4,479,000 - $7,808,000
6
Beds
6
Baths
3,710
Sq Ft
$1,750/Sq Ft
Est. Value
About This Home
This home is located at 8920 N Mercer Way, Mercer Island, WA 98040 and is currently estimated at $6,491,077, approximately $1,749 per square foot. 8920 N Mercer Way 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
Apr 25, 2005
Sold by
Leung Kenneth and Leung Kenneth Yuk
Bought by
Chuck Chen and Chuck Anita
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$708,165
Interest Rate
4.39%
Mortgage Type
Negative Amortization
Estimated Equity
$5,782,912
Purchase Details
Closed on
Apr 19, 1999
Sold by
Ling Mabel Chung Shuet and Leung Mabel Chung Shuet
Bought by
Leung Kenneth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.98%
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 |
|---|---|---|---|
| Chuck Chen | $3,000,000 | Transnation Ti | |
| Leung Kenneth | -- | Pacific Northwest Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chuck Chen | $1,500,000 | |
| Previous Owner | Leung Kenneth | $650,000 |
Source: Public Records
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 | $43,680 | $6,672,000 | $3,933,000 | $2,739,000 |
| 2023 | $45,980 | $6,266,000 | $3,711,000 | $2,555,000 |
| 2022 | $41,263 | $7,499,000 | $4,175,000 | $3,324,000 |
| 2021 | $39,603 | $5,605,000 | $3,437,000 | $2,168,000 |
| 2020 | $36,351 | $4,949,000 | $3,274,000 | $1,675,000 |
| 2018 | $37,670 | $4,506,000 | $2,905,000 | $1,601,000 |
| 2017 | $32,881 | $4,343,000 | $2,794,000 | $1,549,000 |
| 2016 | $30,584 | $4,041,000 | $2,554,000 | $1,487,000 |
| 2015 | $29,462 | $3,660,000 | $2,312,000 | $1,348,000 |
| 2014 | -- | $3,369,000 | $2,137,000 | $1,232,000 |
| 2013 | -- | $3,228,000 | $2,097,000 | $1,131,000 |
Source: Public Records
Map
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