NOT LISTED FOR SALE

3820 E Mercer Way Mercer Island, WA 98040

Fruitland - El Dorado Neighborhood

Estimated Value: $3,181,000 - $4,140,000

5 Beds
5 Baths
4,500 Sq Ft
$803/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $1,735,000 $386 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $21,792/month

20 Days on Market

About This Home

As of September 2013

This Mercer Island home has it all. The 4,500 square foot home sits on a level 1/2 acre lot with views of Lake Washington and 130 feet of shared waterfront (25' deeded) with dock, moorage and solar powered boat lift. The home has formal and informal living spaces, 5 bedrooms, 3.75 baths, den and rec room. The kitchen has top-of-the-line appliances, slab granite counters and huge center island. There are lake views from almost every room in the house.

Last Agent to Sell the Property

Bill Macdonald

Berkshire Hathaway HS NW License #9270 Listed on: 07/12/2013

Berkshire Hathaway HS NW

Co-Listed By

Diana MacDonald

Berkshire Hathaway HS NW License #5828

Last Buyer's Agent

Kirk Vaux

Windermere Real Estate/East License #82162

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM515406

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Sep 5, 2013
Sold by
Lustig Mathy Colomones
Bought by
Lustig Kenneth M
Seller's Agent
Bill Macdonald
Berkshire Hathaway HS NW
Buyer's Agent
Kirk Vaux
Windermere Real Estate/East
List Price
$1,749,000
Sold Price
$1,735,000
Premium/Discount to List
-$14,000
-0.8%
Total Days on Market
20
Current Estimated Value
$3,615,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,880,042
Avg. Annual Appreciation
6.32%
Original Mortgage
$850,000
Interest Rate
3.02%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 12, 2013
Closed on
Aug 29, 2013
Sold by
Berner Richard M and Berner Jennifer C
Bought by
Lustig Kenneth M
Seller's Agent
Bill Macdonald
Berkshire Hathaway HS NW
Buyer's Agent
Kirk Vaux
Windermere Real Estate/East
List Price
$1,749,000
Sold Price
$1,735,000
Premium/Discount to List
-$14,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.02%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 28, 2012
Closed on
Oct 2, 2012
Sold by
Caputo Lisa S
Bought by
Berner Richard M and Berner Jennifer C
Seller's Agent
Kathy Beckes
Coldwell Banker Danforth
Buyer's Agent
Diana MacDonald
Berkshire Hathaway HS NW
List Price
$1,625,000
Sold Price
$1,625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$1,100,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2000
Sold by
Caputo Mark E and Caputo Lisa Sweeney
Bought by
Caputo Mark E and Caputo Lisa S

Purchase Details

Closed on
Feb 4, 1998
Sold by
Wangen Kathleen and Cahill David Reed
Bought by
Caputo Mark E and Caputo Lisa Sweeney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.98%

Purchase Details

Closed on
Sep 27, 1995
Sold by
Webster Milton H and Webster Vesta F
Bought by
Cahill David Reed and Wangen Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.97%

Purchase Details

Closed on
Sep 27, 1993
Sold by
Webster Milton H and Webster Vesta F
Bought by
Webster Milton H and Webster Vesta F
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Lustig Kenneth M -- Ticor Title
Lustig Kenneth M $1,735,000 Ticor Title
Berner Richard M $1,625,000 Chicago Title
Caputo Mark E -- --
Caputo Mark E -- --
Caputo Lisa S -- --
Caputo Mark E $605,000 --
Cahill David Reed $385,000 First American Title
Webster Milton H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lustig Kenneth M $852,000
Closed Lustig Kenneth M $850,000
Previous Owner Berner Richard M $1,100,000
Previous Owner Caputo Mark E $484,000
Previous Owner Cahill David Reed $288,750
Closed Cahill David Reed $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $1,735,000 -0.8% $386 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $1,749,000 +7.6% $389 / Sq Ft
10/04/2012 10/04/12 Sold $1,625,000 0.0% $361 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $1,625,000 -- $361 / 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 $17,989 $2,746,000 $1,502,000 $1,244,000
2023 $18,099 $2,628,000 $1,417,000 $1,211,000
2022 $16,155 $2,939,000 $1,595,000 $1,344,000
2021 $16,191 $2,193,000 $1,313,000 $880,000
2020 $17,114 $2,022,000 $1,251,000 $771,000
2018 $18,638 $2,225,000 $1,414,000 $811,000
2017 $17,085 $2,148,000 $1,360,000 $788,000
2016 $15,892 $1,999,000 $1,244,000 $755,000
2015 $16,883 $1,901,000 $1,217,000 $684,000
2014 -- $1,930,000 $1,125,000 $805,000
2013 -- $1,452,000 $879,000 $573,000
Source: Public Records

Agents Affiliated with this Home

  • Bill Macdonald

    Seller's Agent in 2013

    Bill Macdonald

    Berkshire Hathaway HomeServices Northwest Real Estate

    (206) 949-2455

    36 Total Sales

    Bill Macdonald
    Section Image
  • Diana MacDonald

    Seller Co-Listing Agent in 2013

    Diana MacDonald

    Berkshire Hathaway HomeServices Northwest Real Estate

    (206) 949-7755

    95 Total Sales

    Diana MacDonald
    Section Image
  • Kirk Vaux

    Buyer's Agent in 2013

    Kirk Vaux

    Windermere Corporate

    (206) 850-4570

    33 Total Sales

    Kirk Vaux
    Section Image

  • K

    Seller's Agent in 2012

    Kathy Beckes

    Coldwell Banker Danforth

    (206) 618-2586

    2 Total Sales

    Kathy Beckes
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM515406

Northwest Multiple Listing Service (NWMLS)

APN: 082405-9185

Washington King County Mercer Island 98040 Fruitland - El Dorado

3820 E Mercer Way, Mercer Island, WA

This home is located at 3820 E Mercer Way, Mercer Island, WA 98040 since 12 July 2013 and is currently estimated at $3,615,042, approximately $803 per square foot. This property was built in 1998. 3820 E Mercer Way is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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