NOT LISTED FOR SALE

8938 SE 54th St Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated Value: $3,003,257 - $3,643,000

5 Beds
4 Baths
4,440 Sq Ft
$768/Sq Ft Est. Value

About This Home

This home is located at 8938 SE 54th St, Mercer Island, WA 98040 and is currently estimated at $3,408,314, approximately $767 per square foot. 8938 SE 54th St is a home located in King County with nearby schools including Island Park Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2023
Sold by
Woolston Gayle E
Bought by
Woolston Robert G and Travis Cathie A
Current Estimated Value
$3,408,314

Purchase Details

Closed on
Jun 10, 2004
Sold by
Eschbach Joseph E and Brandeau Margaret L
Bought by
Witus David and Witus Gillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4%

Purchase Details

Closed on
Jun 26, 2003
Sold by
Sroufe Thomas A and Sroufe Elizabeth M
Bought by
Eschbach Joseph E and Brandeau Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
5.37%

Purchase Details

Closed on
Oct 20, 1995
Sold by
Sroufe Thomas A and Sroufe Elizabeth V
Bought by
Sroufe Thomas A and Sroufe Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Woolston Robert G $313 None Listed On Document
Witus David $1,250,000 Transnation Ti
Eschbach Joseph E $1,150,000 Chicago Title
Sroufe Thomas A -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Witus David $800,000
Previous Owner Eschbach Joseph E $535,000
Previous Owner Sroufe Thomas A $430,000
Closed Eschbach Joseph E $500,000
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 $15,901 $2,427,000 $1,260,000 $1,167,000
2023 $15,648 $2,280,000 $1,189,000 $1,091,000
2022 $14,043 $2,550,000 $1,338,000 $1,212,000
2021 $13,479 $1,906,000 $1,102,000 $804,000
2020 $14,115 $1,683,000 $1,050,000 $633,000
2018 $13,635 $1,749,000 $867,000 $882,000
2017 $11,904 $1,571,000 $784,000 $787,000
2016 $11,072 $1,462,000 $717,000 $745,000
2015 $10,668 $1,324,000 $649,000 $675,000
2014 -- $1,219,000 $600,000 $619,000
2013 -- $1,006,000 $615,000 $391,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Parkwood - Mercer Firs

8938 SE 54th St, Mercer Island, WA

This home is located at 8938 SE 54th St, Mercer Island, WA 98040 and is currently estimated at $3,408,314, approximately $767 per square foot. 8938 SE 54th St is a home located in King County with nearby schools including Island Park 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.

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