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8280 Southeast 61st Street

8280 Southeast 61st Street, Mercer Island, WA 98040
Property in King
Sold Oct 21, 2020
$2,725,000
$740,000 by Penrith Home Loans Llc
Mortgage Due Nov 01, 2050
Sold Sep 27, 1994
$528,700
$300,000 by Washington Mutual Svng Bk
Mortgage Due Oct 01, 2024
Local assessors in Mercer Island, WA have categorized 8280 Southeast 61st Street as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 11,022 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8280 Southeast 61st Street has a total of 4,460 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 790 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of brick were used in the construction of the exterior walls of the home. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8280 Southeast 61st Street was last sold in Oct 16, 2020 for $2,725,000. According to our calculations, that's $519.05 per sqft. Prior to that sales transaction, the property was sold for $528,700 in Sep 21, 1994. Current property owners are expected to pay $18,106 in taxes per year. The property on 8280 Southeast 61st Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,629,000. To break that down further, the land itself was valued at $1,360,000. While improvements to the property were assessed at a total of $1,269,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: A
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 790
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,022
  • Total Building Area: 5,250
  • Gross Building Area: 5,250
  • Building Area: 4,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 4,460
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DAWN VILLA
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAWN VILLA TGW UND INT IN COMMUNITY TRACT

Ownership

  • Current Owner : MARTIN PASCAL GEORGES
  • Current Owner 2: MARTIN FRANCOISE PAULE
  • Previous Owner : BUCHANAN FRANK R
  • Previous Owner 2: BUCHANAN JOANNE
  • Owner Before Previous Owner: KIDD PAMELA GILL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mercer Island School District
  • Census Tract: 024601

Zoning

  • Zoning: R-15

Geography

  • Account Number: 192280011003
  • District: MERCER ISLAN
  • Parcel: 192280-0110
  • Lot: 11
  • Meridian: SEC 24 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5483
  • Longitude: -122.229

    Address

  • Full Address: 8280 Se 61st St
  • Address - House Number: 8280
  • Street Direction: SE
  • Address - Street Name: 61st
  • Address - Suffix Type: St
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C025
  • 4-Digit Zip Code: 4902
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $18,106
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 3,223,554
  • High Value: 3,689,766
  • Low Value: 2,757,343

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $740,000
  • First Open Lien Mortgage Lender: PENRITH HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 21, 2020
  • First Open Lien Mortgage Loan Amount: $740,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $2,629,000
  • Market Land Value: $1,360,000
  • Market Improvement Value: $1,269,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,629,000
  • Assessed Land Value: $1,360,000
  • Assessed Improvements Value: $1,269,000

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Transaction ID: 11793500307
  • Current Sale Price: $2,725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201021002267
  • Previous Sale Recording Date: Sep 27, 1994
  • Previous Sale Contract Date: Sep 21, 1994
  • Previous Sale Amount: $528,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENRITH HOME LOANS LLC
  • First Mortgage Transaction Date: Oct 21, 2020
  • First Mortgage Loan Amount: $740,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL SVNG BK
  • Previous Mortgage Transaction Date: Sep 27, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2024

About Mercer Island



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Unit for rent at 2758 78th Ave Se, Mercer Island, WA, 98040

$3,878 /mo

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  • 2 Baths
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Frequently Asked Questions

What neighborhood is 8280 Southeast 61st Street located in?
The 8280 Southeast 61st Street is a located in the neighborhood of King in Mercer Island, Mercer Island.
What is the average sales price for listings in 8280 Southeast 61st Street?
The average sales price for units in 8280 Southeast 61st Street is $0 currently.

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