NOT LISTED FOR SALE

5325 W Mercer Way Mercer Island, WA 98040

Groveland Neighborhood

Estimated Value: $3,177,000 - $9,479,000

2 Beds
4 Baths
3,740 Sq Ft
$1,896/Sq Ft Est. Value

Last Sold December 26, 2013

Last sale price $3,900,000 $1,043 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $43,431/month

228 Days on Market

About This Home

As of December 2013

Premier waterfront location on west side of Mercer Island. Careful attention to using only the finest materials creating effortless sophistication, stunning elegance, generous spaces and ease of maintenance. This European inspired home was artfully built just steps from waters edge and captures the Seattle Skyline and the ever changing activity on Lake Washington. The ultimate lifestyle!

Last Listed By

Michael White

Windermere Bellevue Commons Listed on: 02/08/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM446049

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$49,451

Year Built

2005

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 3740
  • Form 17: Provided
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Fireplaces: 2
  • Features: Bath Off Master, Built-In Vacuum, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 2
  • Floor: Wall to Wall Carpet
  • Water Heater Location: Gas

Exterior Features

  • Roof: Cedar Shake
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Cedar Shake
  • Site Features: Cable TV, Deck, Dock, Natural Gas Available, High Speed Internet, Hot Tub/Spa, Patio, Sprinkler System
  • View: City, Lake, Mountain, Territorial
  • Waterfront: Lake
  • Waterfront Frontage: 90/113
  • Lot Topography: Garden Space, Level, Partial Slope

Garage/Parking

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

Utilities

  • Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Heating: Forced Air, High Efficiency (Unspecified)
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Sewer: Connected
  • Water Source: Public

Schools

  • School District: MIS

Lot Info

  • Lot Dimensions: 17854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2019
Sold by
Nair Girish
Bought by
Nair Girish
Total Days on Market
228
Current Estimated Value
$7,090,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,833,000
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 8, 2013
Closed on
Dec 13, 2013
Sold by
Lancaster Lucila
Bought by
Nair Girish
Seller's Agent
Michael White
Windermere Bellevue Commons
Buyer's Agent
Michael White
Windermere Bellevue Commons
List Price
$4,300,000
Sold Price
$3,900,000
Premium/Discount to List
-$400,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,490,000
Interest Rate
2.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Nair Girish -- Fidelity National Title
Nair Girish -- Chicago Title
Nair Girish $3,900,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Girish $1,833,000
Closed Nair Girish $1,000,000
Closed Nair Girish $1,833,000
Closed Nair Girish $500,000
Closed Nair Girish $2,490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2013 12/26/13 Sold $3,900,000 -9.3% $1,043 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $4,300,000 -- $1,150 / 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 $49,451 $7,554,000 $5,045,000 $2,509,000
2023 $48,640 $7,094,000 $4,760,000 $2,334,000
2022 $43,647 $7,933,000 $5,355,000 $2,578,000
2021 $41,890 $5,929,000 $4,408,000 $1,521,000
2020 $41,789 $5,235,000 $4,199,000 $1,036,000
2018 $43,367 $5,180,000 $3,916,000 $1,264,000
2017 $37,850 $5,000,000 $3,766,000 $1,234,000
2016 $35,203 $4,652,000 $3,443,000 $1,209,000
2015 $33,911 $4,213,000 $3,116,000 $1,097,000
2014 -- $3,878,000 $2,880,000 $998,000
2013 -- $3,489,000 $2,922,000 $567,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael White

    Windermere Bellevue Commons

  • Tere Foster

    Seller Co-Listing Agent in 2013

    Tere Foster

    COMPASS

    (425) 637-8373

    1 in this area

    400 Total Sales

    Tere Foster
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM446049

Northwest Multiple Listing Service (NWMLS)

APN: 294890-0012

Washington King County Mercer Island 98040 Groveland

5325 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 5325 W Mercer Way, Mercer Island, WA 98040 since 08 February 2013 and is currently estimated at $7,090,359, approximately $1,895 per square foot. This property was built in 2005. 5325 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.

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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