Listed by COMPASS, Bought with COMPASS
$5,400,000
SOLD APR 7, 2025
4 Beds
2.5 Baths
3,510 Sq Ft
0.45 Acres

Recently Sold

$1,538 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • 50 Feet of Waterfront
  • Docks
  • Contemporary Architecture
  • Island Park Elementary School Rated A
  • Lake View
  • Wood Flooring

About This Home

As of April 2025

Bring your vision to this incredible waterfront opportunity. Mid-Century design in a sought-after community on Mercer Island. Sited on a flat, nearly half acre lot with secluded waterfront and private dock. Sweeping Lake Washington, Mt. Rainier & territorial views. Calling all car collectors: garage parking for 8 cars plus expansive auto court! Just minutes to the Island core with fabulous sipping, eats and markets. A rare opportunity in a desirable waterfront community.

Last Agent to Sell the Property

Tere Foster

COMPASS License #7690 Listed on: 03/11/2025

COMPASS

Last Buyer's Agent

Haleh Clapp

COMPASS License #134124

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2342456

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,701

Year Built

  • Built in 1946

Lot Details

  • 0.45 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • East Facing Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 8 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 3,510 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Dining Room

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Docks
  • Patio

Schools

  • Island Park Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • The lake is a source of water for the property
  • Water Heater
  • Cable TV Available

Community Details

  • East Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0046100403

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,701

Year Built

Built in 1946

Lot Details

0

HOA Fees

$29 per month

Parking

8

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1946
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3510
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • Special Features: None
  • Cumulative Days on Market: 110

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Built-In Vacuum, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Security System, Skylight(s), Water Heater
  • Living Area: 3510
  • Main Level Bathrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3510
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Flat
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: House
  • WaterfrontFootage: 50
  • WaterAccess: Deeded Access

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Garage Spaces: 8
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Lake, Public
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Main/Upper level
  • WaterHeaterType: Gas (2)
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 0046100403
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.4488
  • Lot Size Sq Ft: 19550
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dock,Fenced-Partially,Gas Available,Moorage,Patio,Shop,Sprinkler System
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records/Buyer to Verify

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 25701

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Island Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 1, 2025
Sold by
Pollock Brian and Pollock Randy
Bought by
Reimers Milton A and Reimers Tara C
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Haleh Clapp
COMPASS
List Price
$5,498,000
Sold Price
$5,400,000
Premium/Discount to List
-$98,000
-1.78%
Views
7
Current Estimated Value
$5,377,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,360
Avg. Annual Appreciation
-5.04%
Original Mortgage
$2,900,000
Outstanding Balance
$2,900,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$2,394,859
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $5,400,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,900,000 New Conventional
Previous Owner $2,400,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $5,400,000 -1.8% $1,538 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $5,498,000 -- $1,566 / 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 $26,031 $3,975,000 $2,403,000 $1,572,000
2023 $25,701 $3,733,000 $2,267,000 $1,466,000
2022 $22,395 $4,175,000 $2,551,000 $1,624,000
2021 $21,494 $3,041,000 $2,100,000 $941,000
2020 $19,372 $2,685,000 $2,000,000 $685,000
2018 $21,092 $2,518,000 $1,494,000 $1,024,000
2017 $17,809 $2,431,000 $1,437,000 $994,000
2016 $16,568 $2,188,000 $1,314,000 $874,000
2015 $15,965 $1,982,000 $1,190,000 $792,000
2014 -- $1,825,000 $1,100,000 $725,000
2013 -- $1,565,000 $1,133,000 $432,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2342456

Northwest Multiple Listing Service (NWMLS)

APN: 004610-0403