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9765 Southeast 40th Street

9765 Southeast 40th Street, Mercer Island, WA 98040
Property in King
Sold Dec 15, 2021
$1,500,000
$900,000 by Hwang Albert
Mortgage
Sold Dec 15, 2021
$1,500,000
$900,000 by Hwang Albert
Mortgage
9765 Southeast 40th Street has been categorized by the local assessors in Mercer Island, WA as a residential type of property. The building on the property was first built in 1979 and is 45 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 9765 Southeast 40th Street has 2,830 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 1,330 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 8,854 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 500 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Dec 6, 2021 for $1,500,000. That's $450.45 per sqft. Prior to that sales transaction, the property was also sold in Dec 6, 2021 for $1,500,000. 9765 Southeast 40th Street was last assessed in 2023. The total value of the property was assessed at $1,420,000. Specifically, the land the property is located on was valued at $937,000. While improvements on the property were assessed at a total of $483,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,788. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,330
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,854
  • Total Building Area: 3,330
  • Gross Building Area: 3,330
  • Building Area: 2,830
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,830
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MERCER WOOD ADD
  • Land Acres: 0.203
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MERCER WOOD ADD PLAT BLOCK: I PLAT LOT: 8

Ownership

  • Current Owner : HWANG HENRY
  • Current Owner 2: HWANG MAGDALEN PANG
  • Previous Owner : HWANG ALBERT AN MIN
  • Previous Owner 2: LEE SARAH YEE
  • Owner Before Previous Owner: MIN HWANG ALBERT AN
  • Owner Before Previous Owner 2: MEI SARAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mercer Island School District
  • Census Tract: 024500

Zoning

  • Zoning: R-8.4

Geography

  • Account Number: 545600011005
  • District: MERCER ISLAN
  • Parcel: 545600-0110
  • Block: I
  • Lot: 8
  • Meridian: SEC 18 TWN 24 RNG 05
  • Municipality: MERCER ISLAND
  • Latitude: 47.5743
  • Longitude: -122.209

    Address

  • Full Address: 9765 Se 40th St
  • Address - House Number: 9765
  • Street Direction: SE
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C017
  • 4-Digit Zip Code: 3801
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $9,788
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 1,704,335
  • High Value: 1,984,841
  • Low Value: 1,423,828

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: HWANG ALBERT
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $1,420,000
  • Market Land Value: $937,000
  • Market Improvement Value: $483,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,420,000
  • Assessed Land Value: $937,000
  • Assessed Improvements Value: $483,000

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11874528468
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211215001415
  • Previous Sale Recording Date: Dec 15, 2021
  • Previous Sale Contract Date: Dec 06, 2021
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALBERT AN MIN HWANG ETUX
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: HWANG ALBERT
  • Previous Mortgage Transaction Date: Dec 15, 2021
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Mercer Island



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Frequently Asked Questions

What neighborhood is 9765 Southeast 40th Street located in?
The 9765 Southeast 40th Street is a located in the neighborhood of King in Mercer Island, Mercer Island.
What is the average sales price for listings in 9765 Southeast 40th Street?
The average sales price for units in 9765 Southeast 40th Street is $0 currently.

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