Sold738d on market
8340 Avalon Drive
Mercer Island, WA, 98040 • 98040 • King County
$2,100,000
$761/sqft
4Beds
3Baths
2,760Sqft
0.37 acLot
1963Built
Property DNA
Waterfront Property
Direct water access
Lake Views
Lake
Beach Club
98040
Outdoor Living
Fireplace
2 Fireplaces
Upper Level: 2 · Fireplace
2-Car Garage
Attached Garage
This home is in high demand
Listed 738 days ago · 6 views · Top 7% likely to sell soon
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
738 days on market
Established listing
$761/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 7% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1963
Bring your contractor and vision to this lender-owned opportunity. Great Beach Club location with wonderful lake and mountain views. No Form 17 provided. Property is sold "as-is", without any warranties or representations by the Seller and Listing Broker. Buyer and Selling Broker are responsible for investigating and verifying all property information to their satisfaction. Please use extreme caution when viewing property!! Hazardous conditions are present both inside and outside the home. Do not walk on outside deck, safety hazard!!
Estimated monthly payment
Based on current rates
$13,076/month
Principal & Interest$10,276
Property Tax$2,100
Insurance$700
Down payment20% ($420,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,680,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1963
HeatingFireplace, Other – See Remarks, Electric
Parking2 Attached Garage spaces
Lot0.37 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionFixer
Year built1963
Stories1
Systems
HeatingFireplace, Other – See Remarks, Electric
RoofSee Remarks
ConstructionWood Siding
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingAttached Garage
Garage2 spaces
Fireplaces2
Lot0.37 Acres
Location & Tax
Neighborhood98040
Annual tax$12,081
Parcel0321100265
Bathrooms & Fees
Full baths3
Features & details
6 categories of property features
Interior Features
Heating
Fireplace
Other – See Remarks
Electric
Fireplace
Upper Level: 2
Fireplace
Exterior Features
Parking
Attached Garage
Construction
Wood Siding
Patio & Porch
Fireplace
Views
Lake
Room details
7 rooms detailed
Bedroom
MainBedroom
MainBedroom
MainBedroom
LowerBathroom Full
MainBathroom Full
MainListing insights
Market data and value estimates
StatusSold
Days on market738
Est. value$2,810,900
Est. rent$5,789/mo
Tax rate0.82%
Price/sqft$761
On marketMar 27, 2024
PostedMar 8, 2024
Last sold$2,100,000
MLS statusSold
MLS updatedApr 1, 2024
Tour days6
Views6
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
3 events
DateEventPrice$/sqftSource
Mar 29, 2024Sold$2,100,000$761NWMLS as distributed by MLS GRID
Nov 7, 2023Sold$2,000,000$725Public Record
Jan 21, 2021Sold$1,750,000$634NWMLS as distributed by MLS GRID
Sold$2,100,000
Mar 29, 2024•$761/sqft•NWMLS as distributed by MLS GRID
Sold$2,000,000
Nov 7, 2023•$725/sqft•Public Record
Sold$1,750,000
Jan 21, 2021•$634/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$17,557$2,680,000
Apr 7, 2023$12,121$1,759,000
Apr 7, 2022$12,081$1,968,000
Apr 7, 2021$10,842$1,471,000
Apr 7, 2020$10,408$1,299,000
Apr 7, 2019$10,965$1,387,000
Apr 7, 2018$10,213$1,358,000
Apr 7, 2017$10,643$1,226,000
Apr 7, 2016$8,334$1,141,000
Apr 7, 2015$8,334$1,034,000
Apr 7, 2014$8,334$952,000
Apr 7, 2013$8,334$1,001,000
Apr 7, 2012—$923,000
Apr 7, 2011—$911,000
Apr 7, 2010—$983,000
Apr 7, 2009—$983,000
Apr 7, 2007—$832,000
Apr 7, 2006—$772,000
Apr 7, 2005—$703,000
Apr 7, 2001$5,967$624,000
Apr 7, 2000$5,596$530,000
Nearby homes
Neighborhood details
Local context around this listing
Mercer Island, WA • King County
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 08:28:28 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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