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$3,480,000

Beds
4
Baths
3.0
sq ft
3,070

8112 SE 79th St, Mercer Island, WA 98040

8112 SE 79th St

Mercer Island, WA 98040

  • 12 days on market
Exquisitely updated property, nestled in the tranquil “The Lake" neighborhood on the island! Featuring lake-inspired backyard setting, luxuriously remodeled 4bedroom 3bath plus den, stylishly renovated master 5pcs bath, master bedroom highlights the picturesque view of the lake. Upscale kitchen with premium appliances and equipped with eating nook. Three car garage. New roof in 2019, spacious laundry room adjacent to garage entrance. Walkable to Lakeridge Elementary and Islander Middle school, Close to Mercer Island Country Club, grocery stores, park and trail.

Details

Property type

Single Family Residence

Est. home value

$2,903,502

Lot size

0.2763 acres

Price per sq ft

$1,134

Year built

1987

Annual property taxes

$16,634

Monthly HOA fee

$149.58

Price History

09/04/2024
NorthwestMLS

NorthwestMLS #2279287

Listed
$3,480,000
+117.5%
03/18/2016
NorthwestMLS

NorthwestMLS #900995

Sold
$1,600,000

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Mercer Island

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,191,111
Asking price
$3,480,000
Closing costs (~8% of asking)
-$278,400
Est. remaining loan balance
-$10,489
Cash to seller
$3,191,111

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America

Loan start date

June 1995

Original loan amount

$150,000

Est. remaining balance

$10,489

Interest rate

7.87%

Loan type

Not Provided, 30 year

Seller

Meena Vashee

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Listing provided by NWMLS

Status: Active

Tomo last checked: 09/16/2024 at 12:15 PM

Listing updated: 09/12/2024 at 2:28 PM

Listed by: Katie Leung, WeLakeside Phone #: (425) 246-1453

MLS: NorthwestMLS #2279287

NorthwestMLS logo

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