Estimated payment $11,895/month
Location. Location. Location. Just steps from the shared waterfront, this property offers the rare combination of peaceful surroundings, privacy, and convenient commutes. Set on a sloped 12,000+ sq. ft. lot, the 4,100 sq. ft. custom-built Burnstead home is positioned back from the road, affording elevated views, seclusion. 2 additions to home. Every plant and tree was part of a Japanese garden designed by acclaimed Kiyoshi Inoshita. Offered as is, the home is ripe for the next owner’s vision—whether to reimagine the existing residence or to design and build a forever legacy home in Mercer Island’s coveted Mercer Beach Park neighborhood. With the added potential of HB 1110 zoning flexibility, the opportunities here are plentiful.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2422314
| 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 | $13,768 | $2,101,000 | $1,610,000 | $491,000 |
| 2023 | $13,593 | $1,973,000 | $1,519,000 | $454,000 |
| 2022 | $12,159 | $2,207,000 | $1,709,000 | $498,000 |
| 2021 | $11,671 | $1,650,000 | $1,407,000 | $243,000 |
| 2020 | $11,242 | $1,457,000 | $1,340,000 | $117,000 |
| 2018 | $10,903 | $1,392,000 | $1,118,000 | $274,000 |
| 2017 | $9,521 | $1,256,000 | $1,011,000 | $245,000 |
| 2016 | $8,858 | $1,169,000 | $925,000 | $244,000 |
| 2015 | $8,535 | $1,059,000 | $838,000 | $221,000 |
| 2014 | -- | $975,000 | $775,000 | $200,000 |
| 2013 | -- | $860,000 | $655,000 | $205,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | For Sale | $1,988,000 | -- | $516 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Ticor Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $2,370,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $675,000 | New Conventional | |
| Closed | $165,000 | Credit Line Revolving | |
| Closed | $250,000 | Credit Line Revolving | |
| Closed | $639,000 | Unknown | |
| Closed | $616,000 | Stand Alone First |
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2422314
APN: 544930-0050
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