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8275 Merrimount Drive

8275 Merrimount Drive, Mercer Island, WA 98040
Property in King
Sold Aug 10, 2020
$1,754,000
$1,403,200 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2050
Sold Jun 10, 2013
$1,035,000
$724,500 by Reliance Mortgage Inc
Mortgage Due Jul 01, 2043
Local assessors in Mercer Island, WA have categorized 8275 Merrimount Drive as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 20,417 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, 6 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 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8275 Merrimount Drive has a total of 5,100 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 2,360 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 detached garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. The home's a forced air unit 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. The property was last sold in Aug 5, 2020 for $1,754,000. That's $343.92 per sqft. Prior to that sales transaction, the property was also sold in Jun 7, 2013 for $1,035,000. 8275 Merrimount Drive was last assessed in 2023. The total value of the property was assessed at $2,236,000. Specifically, the land the property is located on was valued at $1,398,000. While improvements on the property were assessed at a total of $838,000. 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 $15,402. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: A
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 2,360
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,417
  • Total Building Area: 5,100
  • Gross Building Area: 5,100
  • Building Area: 5,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 5,100
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MERRIMOUNT ADD
  • Land Acres: 0.469
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MERRIMOUNT ADD POR LY WLY OF A LN BAAP ON S LN 100 FT E OF SW COR OF TR 5 TH N 5-41-06 W 104.18 TH N 23-10-59 E 91.575 FT TAP ON N LN OF TR 7

Ownership

  • Current Owner : HEYMAN TAMAR
  • Current Owner 2: HEYMAN NAAMAN
  • Previous Owner : LEE TOM K
  • Previous Owner 2: LEE KATRINA W
  • Owner Before Previous Owner: CROHN JEROME H
  • Owner Before Previous Owner 2: CROHN MARK IRA

Neighborhood

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

Zoning

  • Zoning: R-15

Geography

  • Account Number: 548270002205
  • District: MERCER ISLAN
  • Subdivision Tract Number: 5
  • Parcel: 548270-0022
  • Lot: Jun 07, 2005
  • Meridian: SEC 13 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5665
  • Longitude: -122.229

    Address

  • Full Address: 8275 Merrimount Dr
  • Address - House Number: 8275
  • Address - Street Name: Merrimount
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C019
  • 4-Digit Zip Code: 3919
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $15,402
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 2,490,663
  • High Value: 2,850,879
  • Low Value: 2,130,447

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,403,200
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,403,200
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $2,236,000
  • Market Land Value: $1,398,000
  • Market Improvement Value: $838,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,236,000
  • Assessed Land Value: $1,398,000
  • Assessed Improvements Value: $838,000

    Sales

  • Current Sale Contract Date: Aug 05, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Transaction ID: 11779335214
  • Current Sale Price: $1,754,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200810000050
  • Previous Sale Recording Date: Jun 10, 2013
  • Previous Sale Contract Date: Jun 07, 2013
  • Previous Sale Amount: $1,035,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: RELIANCE MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 10, 2013
  • Previous Mortgage Loan Amount: $724,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2043

About Mercer Island



Similar Buildings

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Nearby Rentals

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

$3,406 /mo

  • 2 Beds
  • 2 Baths
  • 1,217 ft²
2758 78th Ave Se #311, Mercer Island, WA, 98040 Listing by Island Square

Frequently Asked Questions

What neighborhood is 8275 Merrimount Drive located in?
The 8275 Merrimount Drive is a located in the neighborhood of King in Mercer Island, Mercer Island.
What is the average sales price for listings in 8275 Merrimount Drive?
The average sales price for units in 8275 Merrimount Drive is $0 currently.

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