NOT LISTED FOR SALE

9948 SE 38th St Mercer Island, WA 98040

Fruitland - El Dorado Neighborhood

Estimated Value: $2,795,000 - $3,705,000

5 Beds
5 Baths
3,900 Sq Ft
$806/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $1,560,000 $400 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $18,982/month

6 Days on Market

About This Home

As of February 2014

New Construction just completed by ACH Homes. Premier north end location. 3,879 square feet, 4 beds, 4.5 baths, bonus room and office. Expansive Great Room. Gormet Kitchen, 48" 8 burner Viking range, 48" Viking refrigerator, large kitchen Island, full height cabinets & extensive soft close drawers. 4" wide plank hardwood floors. 10' ceiling height provides ample light. Dramatic Two Story entry with curved staircase. Guest room on main floor. Rare...Neighborhood of new homes on Mercer Island!

Last Agent to Sell the Property

Kathy Beckes

Coldwell Banker Danforth License #17917 Listed on: 12/26/2013

Coldwell Banker Danforth

Last Buyer's Agent

Kathy Beckes

Coldwell Banker Danforth License #17917 Listed on: 12/26/2013

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM576061

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2013
Closed on
Feb 5, 2014
Sold by
Ach Homes Llc
Bought by
Lee Po and Lee Yu Ling
Seller's Agent
Kathy Beckes
Coldwell Banker Danforth
Buyer's Agent
Kathy Beckes
Coldwell Banker Danforth
List Price
$1,598,950
Sold Price
$1,560,000
Premium/Discount to List
-$38,950
-2.44%
Total Days on Market
6
Current Estimated Value
$3,143,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,583,040
Avg. Annual Appreciation
6.44%
Original Mortgage
$310,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2012
Sold by
Beckes Robert and Beckes Kathy
Bought by
Ach Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,890,000
Interest Rate
3.27%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Lee Po $1,560,000 Old Republic T
Ach Homes Llc $1,900,000 Old Republic T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Daniel F S $288,837
Closed Lee Po $310,000
Previous Owner Ach Homes Llc $2,890,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $1,560,000 -2.4% $400 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
12/26/2013 12/26/13 For Sale $1,598,950 -- $410 / 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 $16,071 $2,453,000 $1,086,000 $1,367,000
2023 $16,114 $2,348,000 $1,025,000 $1,323,000
2022 $14,463 $2,626,000 $1,154,000 $1,472,000
2021 $14,495 $1,963,000 $950,000 $1,013,000
2020 $15,717 $1,810,000 $905,000 $905,000
2018 $16,314 $1,947,000 $794,000 $1,153,000
2017 $14,247 $1,880,000 $718,000 $1,162,000
2016 $13,252 $1,750,000 $657,000 $1,093,000
2015 $13,500 $1,585,000 $595,000 $990,000
2014 -- $1,543,000 $550,000 $993,000
2013 -- $1,175,000 $538,000 $637,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kathy Beckes

    Coldwell Banker Danforth

    (206) 618-2586

    2 Total Sales

    Kathy Beckes
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM576061

Northwest Multiple Listing Service (NWMLS)

APN: 082405-9330

Washington King County Mercer Island 98040 Fruitland - El Dorado

9948 SE 38th St, Mercer Island, WA

This home is located at 9948 SE 38th St, Mercer Island, WA 98040 since 26 December 2013 and is currently estimated at $3,143,040, approximately $805 per square foot. This property was built in 2013. 9948 SE 38th St is a home located in King County with nearby schools including Northwood 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) 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. ©2025 NWMLS.

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