NOT LISTED FOR SALE

3854 W Mercer Way Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $2,295,000 - $2,858,000

4 Beds
3 Baths
3,040 Sq Ft
$815/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $722,000 $238 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $14,909/month

28 Days on Market

About This Home

As of October 2012

Located on a private road on the west side of the island, this beautiful home offers four bedrooms, an office, rec room and two sun rooms! Great floor plan with vaulted ceiling in the living room, two gas log fireplaces, large kitchen with island & spacious rec room down. Also a deck, a patio, plenty of garden space and a large, level lawn. With covered parking for four cars, this property also has two driveways for additional parking and convenience. Just ten minutes to downtown Seattle.

Last Listed By

Janet Scroggs

Coldwell Banker Bain Listed on: 08/27/2012

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM398216

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$14,134

Year Built

1967

Lot Details

0

Interior Features

  • Basement: Daylight, Fully Finished
  • Features: Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Security System, Skylights, Solarium/Atrium, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Vinyl, Wall to Wall Carpet
  • Water Heater Location: Garage-Gas

Exterior Features

  • Exterior: Wood
  • Lot Details: Corner Lot, Cul-de-sac, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Natural Gas Available, High Speed Internet, Patio, Sprinkler System
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Attached
  • Total Covered Spaces: 4

Utilities

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Oct 29, 2012
Sold by
Jenkins Margaret A
Bought by
Butala Shama S and Keskar Kapil M
Seller's Agent
Janet Scroggs
Coldwell Banker Bain
Buyer's Agent
Brian Wiegand
Coldwell Banker Danforth
List Price
$722,000
Sold Price
$722,000
Total Days on Market
28
Current Estimated Value
$2,476,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,754,664
Avg. Annual Appreciation
10.67%
Original Mortgage
$506,000
Outstanding Balance
$108,834
Interest Rate
2.72%
Mortgage Type
New Conventional
Estimated Equity
$2,467,155

Purchase Details

Closed on
Apr 1, 2004
Sold by
Jenkins Margaret A
Bought by
Jenkins Margaret A

Purchase Details

Closed on
Jul 26, 1990
Sold by
Baxter Baxter N and Baxter Margaret A
Bought by
Margaret Baxter N and Margaret Jenkins

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
Butala Shama S $722,000 Chicago Title
Jenkins Margaret A -- --
Margaret Baxter N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butala Shama S $100,000
Open Butala Shama S $506,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $722,000 0.0% $238 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $722,000 -- $238 / 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 $14,134 $2,157,000 $1,634,000 $523,000
2023 $13,958 $2,026,000 $1,542,000 $484,000
2022 $12,483 $2,266,000 $1,735,000 $531,000
2021 $11,983 $1,694,000 $1,428,000 $266,000
2020 $11,834 $1,496,000 $1,360,000 $136,000
2018 $11,484 $1,466,000 $1,047,000 $419,000
2017 $9,700 $1,323,000 $947,000 $376,000
2016 $8,574 $1,191,000 $866,000 $325,000
2015 $8,264 $1,025,000 $784,000 $241,000
2014 -- $944,000 $725,000 $219,000
2013 -- $813,000 $654,000 $159,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Janet Scroggs

    Coldwell Banker Bain

    Section Image
  • Brian Wiegand

    Buyer's Agent in 2012

    Brian Wiegand

    Coldwell Banker Danforth

    (206) 431-5900

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM398216

Northwest Multiple Listing Service (NWMLS)

APN: 362350-0048

Washington King County Mercer Island 98040 Mercerdale

3854 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 3854 W Mercer Way, Mercer Island, WA 98040 since 27 August 2012 and is currently estimated at $2,476,664, approximately $814 per square foot. This property was built in 1967. 3854 W Mercer Way is a home located in King County with nearby schools including West Mercer 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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