3236 78thMercer Island, WA 98040

  • Healthcare properties
  • 14,172 SF
Off market
$4,282,900 Estimated

Property Details for 3236 78th

Year built
1966
Construction
WOOD
Lot size
0.45 AC
Property size (Sq ft)
14,172 SF
Zone code
MF-2
Property type
Healthcare properties
Property subtype
Medical offices
APN
545900-0450
APU
5459000450

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,188,890
    6.5%
    $2,943,590
    7%
    $2,733,334
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,686,963
    Geo Method
    $2,729,244
  • Alternative Use

    Use
    Valuation
    Residential
    $3,650,052
    Hospitality
    $3,343,428
    Educational
    $2,781,693
    Medical
    $2,877,360
    Retail
    $4,327,078
3236 78th, Mercer Island, Washington

Location Insight

City
Mercer Island
County
King
State
Washington
Latitude
47.5807
Longitude
-122.233
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$26,269
$1,519,500
$2,763,400
$4,282,900
-
$1,519,500
$2,763,400
$4,282,900

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