Listed by Coldwell Banker Bain, Bought with Coldwell Banker Danforth
NOT LISTED FOR SALE

9815 SE 42nd Place Mercer Island, WA 98040

East Mercer Neighborhood

Estimated Value: $2,328,000 - $9,834,000

5 Beds
6 Baths
2,620 Sq Ft
$2,789/Sq Ft Est. Value

Last Sold July 25, 2013

Last sale price $2,100,000 $802 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $44,282/month

193 Days on Market

About This Home

As of July 2013

There's no place like home...and no better place to build your dream home than on this beautiful 29,000+ sqft lot with 92' (buyer to verify) of waterfront complete with sandy beach, stone patio at the waters edge and a brand new 100' dock! The street to water lot offers privacy and a park-like setting. Gently rolling grounds with Mt. Rainier view lead you to the bathing beach and protective rock bulkhead. The value is in the land. Surveys and geo reports available on request.

Last Agent to Sell the Property

Peggy Watkins

Coldwell Banker Bain License #37666 Listed on: 08/30/2012

Coldwell Banker Bain

Last Buyer's Agent

Kathy Beckes

Coldwell Banker Danforth License #17917

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM399584

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$53,672

Year Built

1954

Lot Details

0

Listing Details

  • Form 17: Provided
  • Special Features: None
  • Year Built: 1954

Exterior Features

  • Lot Details: Dead End Street, Paved Street, Value In Land
  • Site Features: Partial Fence, Natural Gas Available, Moorage
  • View: Lake, Mountain
  • Waterfront: Lake
  • Waterfront Frontage: 82
  • Lot Topography: Level

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Heating and Cooling: Forced Air
  • Sewer: Connected

Schools

  • School District: MIS
  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2012
Closed on
May 31, 2013
Sold by
Kell Sean and Kell Lori
Bought by
Wen Marco N and Lacross Suzanne
Seller's Agent
Peggy Watkins
Coldwell Banker Bain
Buyer's Agent
Kathy Beckes
Coldwell Banker Danforth
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$7,306,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,206,088
Avg. Annual Appreciation
11.05%
Original Mortgage
$2,162,906
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2011
Sold by
Waters Everett J and Waters Maureen A
Bought by
Kell Sean and Kell Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,348,035
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2007
Sold by
Waters Everett J and Waters Maureen A
Bought by
Waters Everett J and Waters Maureen A

Purchase Details

Closed on
Jul 6, 1990
Sold by
Waters William E and Waters Helen
Bought by
Waters Everett J and Waters Maureen
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
Wen Marco N $2,100,000 Chicago Title
Kell Sean $2,073,900 Fidelity Natio
Waters Everett J -- None Available
Waters Everett J $60,000 Ticor Title Insurance
Waters Everett J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wen Marco N $840,000
Previous Owner Wen Marco N $2,162,906
Previous Owner Kell Sean $1,348,035
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2013 07/25/13 Sold $2,100,000 0.0% $802 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
08/30/2012 08/30/12 For Sale $2,100,000 -- $802 / 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 $53,672 $8,199,000 $3,286,000 $4,913,000
2023 $52,993 $7,700,000 $3,100,000 $4,600,000
2022 $47,378 $8,611,000 $3,488,000 $5,123,000
2021 $45,474 $6,436,000 $2,871,000 $3,565,000
2020 $45,610 $5,683,000 $2,735,000 $2,948,000
2018 $49,662 $5,932,000 $2,355,000 $3,577,000
2017 $47,416 $5,726,000 $2,265,000 $3,461,000
2016 $43,214 $5,328,000 $2,071,000 $3,257,000
2015 $33,684 $5,172,000 $1,875,000 $3,297,000
2014 -- $3,852,000 $1,733,000 $2,119,000
2013 -- $2,346,000 $2,280,000 $66,000
Source: Public Records

Agents Affiliated with this Home

  • Peggy Watkins

    Seller's Agent in 2013

    Peggy Watkins

    Coldwell Banker Bain

    (206) 679-5444

    20 Total Sales

    Peggy Watkins
    Section Image

  • K

    Buyer's Agent in 2013

    Kathy Beckes

    Coldwell Banker Danforth

    (206) 618-2586

    1 Total Sale

    Kathy Beckes
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM399584

Northwest Multiple Listing Service (NWMLS)

APN: 777670-0025

Washington King County Mercer Island 98040 East Mercer

9815 SE 42nd Place, Mercer Island, WA

This home is located at 9815 SE 42nd Place, Mercer Island, WA 98040 since 30 August 2012 and is currently estimated at $7,306,088, approximately $2,788 per square foot. This property was built in 1954. 9815 SE 42nd Place 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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