NOT LISTED FOR SALE

3854 E Mercer Way Mercer Island, WA 98040

Fruitland - El Dorado Neighborhood

Estimated Value: $4,501,000 - $9,826,000

5 Beds
7 Baths
6,338 Sq Ft
$1,208/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $5,700,000 $899 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $47,876/month

188 Days on Market

About This Home

As of March 2013

At last the estate you've been looking for has just been completed! Huge flat lawn w/ sandy beach access, 1+acre w/ 150 ft of sparkling wtfrnt. The significant stone & shingled exterior, boxed beamed ceilings, oversized moldings & rustic wood accents exude an old world elegance of an era gone by. Wide open great room concept. Professionally proportioned kitchen & butlers pantry. Entertainers deck w/ built-in firepit. Wood paneled den, theater rm, wine cellar. Large dock w/ 3 boat slips & lift.

Last Agent to Sell the Property

Joan Bayley

Windermere Real Estate/East License #38768 Listed on: 07/13/2012

Windermere Real Estate/East

Last Buyer's Agent

Joan Bayley

Windermere Real Estate/East License #38768 Listed on: 07/13/2012

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM381778

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2017
Sold by
Ellefsen Frank C and Ellefsen Eileen
Bought by
Locch Donou Francois and Faubert Josiane
Total Days on Market
188
Current Estimated Value
$7,657,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 13, 2012
Closed on
Mar 6, 2013
Sold by
3854 E Mercer Way Llc
Bought by
Ellefsen Franklin C and Ellefsen Eileen M
Seller's Agent
Joan Bayley
Windermere Real Estate/East
Buyer's Agent
Joan Bayley
Windermere Real Estate/East
List Price
$5,700,000
Sold Price
$5,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$2,500,000
Interest Rate
3.49%

Purchase Details

Closed on
Apr 18, 2011
Sold by
Dammeier Kurt B and Dammeier Leslie M
Bought by
3854 E Mercer Way Llc

Purchase Details

Closed on
Jun 20, 1990
Sold by
Sullivan Stephen R and Sullivan Diane V
Bought by
Dammeier Kurt B
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Locch Donou Francois $8,000,000 Fidelity Natio
Ellefsen Franklin C $5,700,000 Fidelity Natio
3854 E Mercer Way Llc -- First American
Dammeier Kurt B $1,085,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adama Woezon Living Trust $2,000,000
Open Locoh Donou Francois $5,150,000
Closed Locoh Donou Francois $1,000,000
Closed Locoh Donou Francois $5,000,000
Closed Locch Donou Francois $5,200,000
Previous Owner Ellefsen Franklin C $3,000,000
Previous Owner Ellefsen Franklin C $2,500,000
Previous Owner Dammeier Kurt B $4,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2013 03/08/13 Sold $5,700,000 0.0% $899 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
07/13/2012 07/13/12 For Sale $5,700,000 -- $899 / 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 $58,698 $8,967,000 $3,872,000 $5,095,000
2023 $57,954 $8,421,000 $3,653,000 $4,768,000
2022 $51,815 $9,418,000 $4,110,000 $5,308,000
2021 $49,729 $7,039,000 $3,383,000 $3,656,000
2020 $53,850 $6,215,000 $3,222,000 $2,993,000
2018 $58,567 $7,004,000 $2,869,000 $4,135,000
2017 $51,116 $6,753,000 $2,759,000 $3,994,000
2016 $47,541 $6,283,000 $2,522,000 $3,761,000
2015 $45,799 $5,690,000 $2,283,000 $3,407,000
2014 -- $5,238,000 $2,110,000 $3,128,000
2013 -- $5,139,000 $2,268,000 $2,871,000
Source: Public Records

Agents Affiliated with this Home

  • Joan Bayley

    Seller's Agent in 2013

    Joan Bayley

    Windermere Corporate

    (206) 940-4611

    68 Total Sales

    Joan Bayley
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM381778

Northwest Multiple Listing Service (NWMLS)

APN: 082405-9095

Washington King County Mercer Island 98040 Fruitland - El Dorado

3854 E Mercer Way, Mercer Island, WA

This home is located at 3854 E Mercer Way, Mercer Island, WA 98040 since 13 July 2012 and is currently estimated at $7,657,387, approximately $1,208 per square foot. This property was built in 2012. 3854 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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