Listed by Greg Rosenwald • COMPASS. Bought with Redfin.
LAST SOLD ON AUG 31, 2020 FOR $1,900,000
8118 SE 74th Pl,
Mercer Island, WA 98040
$2,730,461
Redfin Estimate
4
Beds
2.5
Baths
2,600
Sq Ft
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About this home
Community, lifestyle & lakefront living! This is The Lakes at its best. Exquisitely updated 4 BR + den Buchan on the water’s edge. Spacious kitchen, formal liv/din rooms with access to backyard, Master suite w/marble bath & stunning lake views. A dreamy outdoor paradise to enjoy the tranquil lake, mature landscaping & quiet escape. Sunny corner lot, oversized 3-car garage & the most coveted neighborhood on the Island! Mins to schools, playfields/grounds, trails, parks, shopping & restaurants!
Site Features: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio,Sprinkler System
Lot Features: Corner Lot, Cul-De-Sac, Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.2701
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $12,413
Tax Year: 2019
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: City of MI
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: City of MI
Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
Water Heater Location: Garage
Water Heater Type: Gas
Location
Multi-Unit Information
Furnished: Unfurnished
HOA Information
Association Contact Name: theboard@thelakesmi.com
Association Fee: $104
Association Fee Frequency: Monthly
School Information
Elementary School: Lakeridge Elem
Middle Or Junior High School: Islander Mid
High School: Mercer Isl High
High School District: Mercer Island
Location Information
Directions: S on Island Crest Way;W on SE 68th,S on 84th SE (curve R past Middle School) to L entrance to The Lakes. Left to home on Right.
Topography: Level
Community Information
Senior Exemption: false
Other
Listing Information
Mls Status: Sold
Listing Date Information
Offers Review Date: Monday, July 27, 2020
On Market Date: Tuesday, July 21, 2020
Cumulative Days On Market: 6
Green Information
Power Production Type: Natural Gas
Home Information
Living Area: 2,600
Living Area Units: Square Feet
Calculated Square Footage: 2600
MLS Square Footage Source: KCAR
Building Area Total: 2600
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Builder Name: Buchan
Structure Type: House
Levels: Two
Entry Location: Main
Property information provided by NWMLS when last listed in 2020. This data may not match public records. Learn more.
Sale and tax history for 8118 SE 74th Pl
Sale History
Tax History
Public facts and zoning for 8118 SE 74th Pl
Beds
5
Baths
3.5
Sq. Ft.
2,500
Stories
2
Lot Size
0.27 Acres
Style
Single Family Residential
Year Built
1986
Year Renovated
—
County
King County
APN
414100 0240
Home facts updated by county records on Sep 14, 2023.
Additional resources
Zoning
R-9.6 | Permitted: Single-Family, Commercial
Tour insights for 8118 SE 74th Pl
Heavy touring
Open floorplan
Lots of light
Needs work
Killer views
Big backyard
Must see
Street noise
Tastefully updated in the exclusive Lakes community in Mercer Island. Open floor plan and easy to maintain yard space.
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Zeenat Ahmed • Redfin Agent
Saw this home 3 years ago
Cost of home ownership
$8,964 per month
30-year fixed, 3.5% interest
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Mortgage payment$6,399
Property taxes$2,043
HOA dues
Add
Homeowners' insurance$523
Utilities & maintenance
Add
Schools
GreatSchools Summary Rating
8/10
Lakeridge Elementary School
Public, K-5 • Serves this home • 0.4mi
8/10
Islander Middle School
Public, 6-8 • Serves this home • 0.1mi
10/10
Mercer Island High School
Public, 9-12 • Serves this home • 2.4mi
School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.
8118 SE 74th Pl is a 2,600 square foot house on a 0.27 acre lot with 4 bedrooms and 2.5 bathrooms. This home is currently off market - it last sold on August 31, 2020 for $1,900,000
How many photos are available for this home?
Redfin has 1 photos of 8118 SE 74th Pl.
How much is this home worth?
Based on Redfin's Mercer Island data, we estimate the home's value is $2,730,461
When was this home built and last sold?
8118 SE 74th Pl was built in 1986 and last sold on August 31, 2020 for $1,900,000.
What is the rental estimate for this home?
We estimate that 8118 SE 74th Pl would rent for between $6,252 and $8,776.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in 98040, this home's neighborhood, is very competitive. Homes sell for about 2% below list price and go pending in around 10 days. Hot homes can sell for about 1% above list price and go pending in around 4 days. Compared to nearby markets, 98040 is more competitive than Beacon Hill and less competitive than Columbia City.
The full address for this home is 8118 Southeast 74th Place, Mercer Island, Washington 98040.
What's the housing market like in Mercer Island?
The Mercer Island housing market is very competitive. The median sale price of a home in Mercer Island was $2.5M last month, down 1.9% since last year. The median sale price per square foot in Mercer Island is $819, up 4.3% since last year.