Listed by Windermere Real Estate/East, Bought with Windermere Real Estate Central
NOT LISTED FOR SALE

1841 W Mercer Way Mercer Island, WA 98040

Estimated Value: $6,684,000 - $17,239,549

6 Beds
7 Baths
7,805 Sq Ft
$1,533/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $17,300,000 $2,217 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $69,275/month

19 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Spa
  • Northwood Elementary School Rated A
  • Second Kitchen
  • Lake View

About This Home

As of July 2024

Discover Santa Barbara style & sophistication on Mercer Island at this gracious waterfront estate. Offering spectacular, west-facing views of Lake Washington & the Seattle skyline, this exquisite home boasts light-filled, thoughtfully curated spaces for everyday living, luxurious entertainment & a seamless indoor/outdoor lifestyle. An ideal floor plan from the open kitchen & great room to the luxe primary suite with gorgeous views to the lower level rec room & guest quarters. Lush grounds offer a resort experience complete with private dock & pickleball court. Auto court for guest parking. Located on the coveted north-end minutes to the Island village & a short drive to urban amenities on both sides of the lake. Your Island oasis awaits...

Last Agent to Sell the Property

Joan Bayley

Windermere Real Estate/East License #38768 Listed on: 05/13/2024

Windermere Real Estate/East

Co-Listed By

Tere Foster

COMPASS License #7690

Last Buyer's Agent

Clive Egdes

Windermere Real Estate Central License #73273

Windermere Real Estate Central

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2233937

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,610

Year Built

  • Built in 2006

Lot Details

  • 0.69 Acre Lot
  • Low Bank Waterfront Property
  • 70 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 7,805 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Second Kitchen
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Sport Court
  • Deck
  • Patio
  • Gazebo

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Generator Hookup
  • The lake is a source of water for the property
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North End Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Assessor Parcel Number 7355700110

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,610

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2006
  • Buyer Agency Compensation: 1.75
  • Inclusions: Dishwashers,DoubleOven,Dryers,GarbageDisposal,Microwaves,Refrigerators,SeeRemarks,StovesRanges,TrashCompactor,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 7805
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 4
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Trash Compactor, Washer(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Slate, Stone, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Second Kitchen, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Jetted Tub, Security System, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Generator, Fireplace, Water Heater
  • Living Area: 7805
  • Main Level Bathrooms: 2
  • Bathrooms: 5.75
  • BathsFullMain: 0
  • FireplacesMain: 3
  • SquareFootageFinished: 7805
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 3
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 2
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Trash Compactor,Washer(s)
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 4
  • NWM_NumberOfShowers: 5

Exterior Features

  • Roof: Composition, Metal
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, Bank-Medium, Bulkhead, Lake
  • Waterfront: Yes
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 70
  • WaterAccess: Deeded Access

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Lake, Public
  • Security: SecuritySystem, FullyFenced
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Crawlspace
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 7355700110
  • Topography: Level,PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.6908
  • Lot Size Sq Ft: 30092
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Cabana/Gazebo,Cable TV,Deck,Dock,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Hot Tub/Spa,Irrigation,Moorage,Patio,Sprinkler System
  • MLSLotSizeSource: Public records
  • MLSSquareFootageSource: Plans/buyer to verify
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 68610

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2002
Sold by
Williams Kenneth L and Williams Martha C
Bought by
Ottinger Randall J and Ottinger Lea Anne
Current Estimated Value
$11,961,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$461,184
Interest Rate
6.29%
Estimated Equity
$11,500,591

Purchase Details

Closed on
Nov 8, 1984
Sold by
Prater Jr William N and Marcia Ann
Bought by
Williams Kenneth L and Williams Martha C
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ottinger Randall J $2,275,000 Pacific Nw Title
Williams Kenneth L $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ottinger Randall J $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Sold $17,300,000 -3.4% $2,217 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $17,900,000 -- $2,293 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $70,274 $10,736,000 $5,478,000 $5,258,000
2023 $68,610 $9,970,000 $5,168,000 $4,802,000
2022 $65,635 $11,931,000 $5,814,000 $6,117,000
2021 $62,991 $8,917,000 $4,786,000 $4,131,000
2020 $64,838 $7,873,000 $4,559,000 $3,314,000
2018 $67,281 $8,038,000 $4,065,000 $3,973,000
2017 $58,721 $7,758,000 $3,909,000 $3,849,000
2016 $54,615 $7,218,000 $3,574,000 $3,644,000
2015 $52,617 $6,537,000 $3,235,000 $3,302,000
2014 -- $6,018,000 $2,990,000 $3,028,000
2013 -- $5,732,000 $2,615,000 $3,117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2233937

Northwest Multiple Listing Service (NWMLS)

APN: 735570-0110