9988 SE 38th St Mercer Island, WA 98040
Shorewood NeighborhoodEstimated Value: $4,048,000 - $8,353,807
5
Beds
6
Baths
6,350
Sq Ft
$935/Sq Ft
Est. Value
About This Home
This home is located at 9988 SE 38th St, Mercer Island, WA 98040 and is currently estimated at $5,934,602, approximately $934 per square foot. 9988 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 20, 2020
Sold by
Elaine Adams and The Mercer Island Property Tru
Bought by
Lorge Iv John P and Lorge Heather M
Current Estimated Value
Purchase Details
Closed on
Apr 14, 2020
Sold by
Gib Development Llc
Bought by
Adams Elaine and The Mercer Island Property Tru
Purchase Details
Closed on
Aug 12, 2014
Sold by
The Rock 98040 Llc
Bought by
Gib Development Llc
Purchase Details
Closed on
Mar 12, 2009
Sold by
Coastal Land Development Llc
Bought by
On The Rock 98040 Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lorge Iv John P | -- | None Available | |
| Adams Elaine | $7,500,000 | First American Title | |
| Gib Development Llc | -- | None Available | |
| On The Rock 98040 Llc | $2,000,000 | Ticor National |
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 | $56,146 | $8,577,000 | $3,546,000 | $5,031,000 |
| 2023 | $56,283 | $8,209,000 | $3,346,000 | $4,863,000 |
| 2022 | $50,505 | $9,180,000 | $3,764,000 | $5,416,000 |
| 2021 | $50,617 | $6,861,000 | $3,098,000 | $3,763,000 |
| 2020 | $51,340 | $6,326,000 | $2,951,000 | $3,375,000 |
| 2018 | $41,928 | $6,728,000 | $2,832,000 | $3,896,000 |
| 2017 | $22,134 | $4,834,000 | $2,724,000 | $2,110,000 |
| 2016 | $20,592 | $2,720,000 | $2,663,000 | $57,000 |
| 2015 | $18,638 | $2,464,000 | $2,410,000 | $54,000 |
| 2014 | -- | $2,275,000 | $2,228,000 | $47,000 |
| 2013 | -- | $1,734,000 | $1,733,000 | $1,000 |
Source: Public Records
Map
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