Tucked away on over a half-acre western facing lot, this light filled home is your welcome retreat. Airy living spaces invite the outdoors in with dramatic windows and soaring ceilings. Enjoy numerous private decks and soak in the picturesque setting of fruit trees, a babbling creek, and the frequent visits from a family of deer. The remodeled kitchen makes life a breeze with its built-in seating/office nook, server and wine fridge. Floor-to-ceiling bookcases, an attached 3/4 bath and rooftop deck complete your home office. An expansive great room with homework station, walls of bookcases and built-in seating opens up to a private deck and lush greenbelt. Exercise your cares away in your private workout room for a healthy New Year in 2021.
Heating And Cooling: Forced Air, Tankless Water Heater
Power Company: PSE
Septic Approved for Number of Bedrooms: 6
Sewer: Available, Sewer Connected
Sewer Company: City of Mercer Island
Water Company: City of Mercer Island
Water Heater: Daylight Basement Storage Room-Electric
Water Source: Public
Condo/Co-op/Association
Community Name: West Mercer
Schools
Elementary School: Island Park Elem
Middle School: Islander Mid
High School: Mercer Isl High
School District: MIS
Lot Info
Lot Details: Dead End Street, Open Space, Paved Street
Lot Dimensions: 24394
Lot Sq Ft: 24394
Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Terraces, Wooded
Parcel Number: 1924059053
Zoning Jurisdiction: City
Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Terraces, Wooded
Tax Info
Tax Amount: 11968
Ownership History
DateNameOwned ForOwner Type
Jan 2021 - PresentHoefer Carl Michael and Hoefer Angela Rae4 Years and 4 Months
Private Individual
Purchase Details
Listed on
Nov 18, 2020
Closed on
Jan 29, 2021
Sold by
Margolis Alisa and Gotel Wayne
Bought by
Hoefer Carl Michael and Hoefer Angela Rae
Seller's Agent
Liz Thompson
Realogics Sotheby's Int'l Rlty
Buyer's Agent
James Shute
COMPASS
List Price
$1,895,000
Sold Price
$2,100,000
Premium/Discount to List
$205,000
10.82%
Total Days on Market
53
Current Estimated Value
$2,623,958
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,958
Avg. Annual Appreciation
5.49%
Original Mortgage
$1,575,000
Outstanding Balance
$1,422,406
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,215,617
Mar 2016 - Jan 2021Margolis Alisa and Gotel Wayne4 Years and 10 Months
Private Individual
Purchase Details
Closed on
Mar 8, 2016
Sold by
Marowitz James and Marowitz Barbara
Bought by
Margolis Alisa and Gotel Wayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Apr 2002 - Mar 2016Marowitz James and Marowitz Barbara13 Years and 11 Months
Private Individual
Purchase Details
Closed on
Apr 16, 2002
Sold by
Shaproski William and Shaproski Janna C A
Bought by
Marowitz James and Marowitz Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
8.25%
Jun 1995 - Apr 2002Shaproski William and Shaproski Janna C A6 Years and 10 Months
Company
Purchase Details
Closed on
Jun 6, 1995
Sold by
Stern Bruce and Stern Michelle J
Bought by
Shaproski William and Shaproski Janna C A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
7.5%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 5020 W Mercer Way, Mercer Island, WA 98040 since 18 November 2020 and is currently estimated at $2,623,958, approximately $717 per square foot. This property was built in 1978. 5020 W 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.
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