NOT LISTED FOR SALE

8940 SE 56th St Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated Value: $1,648,000 - $2,027,000

3 Beds
3 Baths
1,990 Sq Ft
$960/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $720,000 $362 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $11,565/month

137 Days on Market

About This Home

As of December 2012

Seller Financing or Lease Option - pending acceptable terms. Parkwood awaits for those looking to settle into a sought after neighborhood. Update the existing rambler or build to your satisfaction. Enjoy the sunny location and the pool. Hardwood floors, 3 bedrooms, formal living and dining rooms, walk to Island Park Elementary, Pioneer Park and south end shopping center.

Last Agent to Sell the Property

Robert Potashnick

Ewing & Clark, Inc. License #1925 Listed on: 07/23/2012

Last Buyer's Agent

Ray Akers

Ewing & Clark, Inc. License #42156

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM385233

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2016
Sold by
Cargill Douglas L and Akers Ray J
Bought by
Cargill Douglas L and Akers Ray J
Total Days on Market
137
Current Estimated Value
$1,909,475

Purchase Details

Closed on
Aug 29, 2016
Sold by
Akers Ray J
Bought by
Akers Ray J and Cargill Douglas L

Purchase Details

Listed on
Jul 23, 2012
Closed on
Dec 17, 2012
Sold by
Baker Brian
Bought by
Parker Sandra
Seller's Agent
Robert Potashnick
Ewing & Clark, Inc.
Buyer's Agent
Ray Akers
Ewing & Clark, Inc.
List Price
$720,000
Sold Price
$720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Sep 26, 2011
Sold by
Keaton Carol L and Peterson Dale V
Bought by
Baker Brian and Brian Baker Living Trust

Purchase Details

Closed on
Dec 15, 1992
Sold by
Peterson Virgil G and Peterson Jane B
Bought by
Peterson Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cargill Douglas L -- None Available
Akers Ray J -- None Available
Parker Sandra $720,000 Fidelity Natio
Baker Brian $717,500 Fidelity Natio
Peterson Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cargill Douglas L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $720,000 0.0% $362 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $720,000 -- $362 / 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 $10,777 $1,644,000 $1,260,000 $384,000
2023 $10,641 $1,544,000 $1,189,000 $355,000
2022 $9,518 $1,727,000 $1,338,000 $389,000
2021 $9,136 $1,291,000 $1,102,000 $189,000
2020 $8,566 $1,140,000 $1,050,000 $90,000
2018 $8,311 $1,060,000 $794,000 $266,000
2017 $7,260 $957,000 $718,000 $239,000
2016 $6,753 $891,000 $657,000 $234,000
2015 $6,507 $807,000 $595,000 $212,000
2014 -- $743,000 $550,000 $193,000
2013 -- $690,000 $577,000 $113,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Robert Potashnick

    Ewing & Clark, Inc.

    (206) 396-2412

    Section Image
  • Ray Akers

    Buyer's Agent in 2012

    Ray Akers

    Ewing & Clark, Inc.

    (206) 722-4444

    8 Total Sales

    Ray Akers
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM385233

Northwest Multiple Listing Service (NWMLS)

APN: 667290-0400

Washington King County Mercer Island 98040 Parkwood - Mercer Firs

8940 SE 56th St, Mercer Island, WA

This home is located at 8940 SE 56th St, Mercer Island, WA 98040 since 23 July 2012 and is currently estimated at $1,909,475, approximately $959 per square foot. This property was built in 1962. 8940 SE 56th 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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