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8238 Southeast 72nd Street

8238 Southeast 72nd Street, Mercer Island, WA 98040
Property in King
Sold Aug 24, 2016
$1,125,000
$1,140,000 by Citibank Na
Mortgage Due Jun 01, 2050
Sold Nov 24, 1999
$492,000
$393,600 by Washington Mutual Bank
Mortgage Due Dec 01, 2029
Local assessors in Mercer Island, WA have categorized 8238 Southeast 72nd Street as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 10,893 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 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 8238 Southeast 72nd Street has a total of 2,940 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 1,470 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 attached garage for those who need a place to park their vehicle. The garage on the property is 520 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the 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 - B. 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, 8238 Southeast 72nd Street was last sold in Aug 22, 2016 for $1,125,000. According to our calculations, that's $325.14 per sqft. Prior to that sales transaction, the property was sold for $492,000 in Nov 19, 1999. Current property owners are expected to pay $11,378 in taxes per year. The property on 8238 Southeast 72nd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,651,000. To break that down further, the land itself was valued at $1,073,000. While improvements to the property were assessed at a total of $578,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,470
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,893
  • Total Building Area: 3,460
  • Gross Building Area: 3,460
  • Building Area: 2,940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,940
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TWIN VIEW ADD
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWIN VIEW ADD PLAT BLOCK: 1 PLAT LOT: 9

Ownership

  • Current Owner : KAEMPF JESSICA M
  • Current Owner 2: KAEMPF JOSEPH THOMAS
  • Previous Owner : PARKMAN DAVID S
  • Owner Before Previous Owner: GAETO RICHARD A
  • Owner Before Previous Owner 2: GAETO COLLEEN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-9.6

Geography

  • Account Number: 873220009005
  • District: MERCER ISLAN
  • Parcel: 873220-0090
  • Block: 1
  • Lot: 9
  • Meridian: SEC 25 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5387
  • Longitude: -122.228

    Address

  • Full Address: 8238 Se 72nd St
  • Address - House Number: 8238
  • Street Direction: SE
  • Address - Street Name: 72nd
  • Address - Suffix Type: St
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C014
  • 4-Digit Zip Code: 5323
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $11,378
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 1,933,668
  • High Value: 2,213,328
  • Low Value: 1,654,008

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,140,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: May 06, 2020
  • First Open Lien Mortgage Loan Amount: $1,140,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $1,651,000
  • Market Land Value: $1,073,000
  • Market Improvement Value: $578,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,651,000
  • Assessed Land Value: $1,073,000
  • Assessed Improvements Value: $578,000

    Sales

  • Current Sale Contract Date: Aug 22, 2016
  • Current Sale Recording Date: Aug 24, 2016
  • Current Sale Transaction ID: 1795512794
  • Current Sale Price: $1,125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160824000652
  • Previous Sale Recording Date: Nov 24, 1999
  • Previous Sale Contract Date: Nov 19, 1999
  • Previous Sale Amount: $492,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Aug 24, 2016
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Nov 24, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $393,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2029

About Mercer Island



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Frequently Asked Questions

What neighborhood is 8238 Southeast 72nd Street located in?
The 8238 Southeast 72nd Street is a located in the neighborhood of King in Mercer Island, Mercer Island.
What is the average sales price for listings in 8238 Southeast 72nd Street?
The average sales price for units in 8238 Southeast 72nd Street is $0 currently.

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