NOT LISTED FOR SALE

5000 E Mercer Way Mercer Island, WA 98040

Appleton Neighborhood

Estimated Value: $2,038,000 - $2,744,000

4 Beds
4 Baths
4,500 Sq Ft
$558/Sq Ft Est. Value

Last Sold June 09, 2014

Last sale price $870,000 $193 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $15,081/month

19 Days on Market

About This Home

As of June 2014

Wake up to stunning lake and mountain views at this Mercer Island home. Hardwood floors, floor to ceiling brick wood-burning fireplaces, expansive windows, and unique architecture mark this three-level home. Chef’s kitchen boasts slab granite counters, cherry hardwood cabinets, high-end appliances, and dining nook. Entertain in the expansive rec room, formal living rooms, or outside on covered outdoor decks. Great open spaces – living, dining, den and kitchen on main floor. Central location!

Last Listed By

Loren Ellingson

Redfin License #79682 Listed on: 04/16/2014

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM620801

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$13,074

Year Built

1980

Lot Details

0

Listing Details

  • Form 17: Provided
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Features: Wet Bar, Wine Cellar, Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Hot Tub/Spa, Jetted Tub, Loft, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Electric

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, High Speed Internet, Hot Tub/Spa
  • View: Lake, Mountain
  • Lot Topography: Sloped, Wooded

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Heating: Baseboard
  • Heating and Cooling: Baseboard
  • Sewer: Connected
  • Water Source: Public

Schools

  • School District: MIS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2019
Sold by
Watson Thomas E and Watson Tahmina
Bought by
Watson Tahmina
Total Days on Market
19
Current Estimated Value
$2,511,454

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jun 2, 2014
Sold by
Mehta Baldev K and Mehta Kamla
Bought by
Watson Thomas E and Watson Tahmina
Seller's Agent
Loren Ellingson
Redfin
Buyer's Agent
Kahlil Mathews
Redfin
List Price
$889,950
Sold Price
$870,000
Premium/Discount to List
-$19,950
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$696,000
Outstanding Balance
$544,430
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$2,129,204

Purchase Details

Closed on
Sep 8, 1992
Sold by
Stewart James W and Stewart Sharon S
Bought by
Mehta Baldev K and Mehta Kamla

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
Watson Tahmina -- None Available
Watson Thomas E $870,000 Chicago Title
Mehta Baldev K $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Thomas E $400,000
Open Watson Thomas E $696,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2014 06/09/14 Sold $870,000 0.0% $193 / Sq Ft
05/23/2014 05/23/14 Off Market $870,000 -- --
05/06/2014 05/06/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $889,950 -- $198 / 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 $13,074 $1,995,000 $1,156,000 $839,000
2023 $13,160 $1,910,000 $1,091,000 $819,000
2022 $11,769 $2,136,000 $1,228,000 $908,000
2021 $11,567 $1,597,000 $1,011,000 $586,000
2020 $9,521 $1,444,000 $963,000 $481,000
2018 $9,741 $1,179,000 $677,000 $502,000
2017 $8,504 $1,122,000 $613,000 $509,000
2016 $7,915 $1,044,000 $561,000 $483,000
2015 $7,626 $946,000 $508,000 $438,000
2014 -- $871,000 $470,000 $401,000
2013 -- $892,000 $581,000 $311,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Loren Ellingson

    Redfin

    (253) 306-2105

    Section Image

  • K

    Buyer's Agent in 2014

    Kahlil Mathews

    Redfin

    (206) 898-3389

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM620801

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9248

Washington King County Mercer Island 98040 Appleton

5000 E Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 5000 E Mercer Way, Mercer Island, WA 98040 since 16 April 2014 and is currently estimated at $2,511,454, approximately $558 per square foot. This property was built in 1980. 5000 E Mercer Way is a home located in King County with nearby schools including Island Park 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.