Listed by Coldwell Banker Bain, Bought with AgencyOne
NOT LISTED FOR SALE

5407 W Mercer Way Mercer Island, WA 98040

Groveland Neighborhood

Estimated Value: $3,439,000 - $4,308,000

4 Beds
1 Bath
3,930 Sq Ft
$972/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $2,388,000 $608 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $22,158/month

5 Days on Market

Highlights

  • Lake View
  • Deck
  • 3 Fireplaces
  • Island Park Elementary School Rated A
  • Wood Flooring
  • Double Oven

About This Home

As of July 2019

Westside, mid-island view home w/the ever-changing sights of summer... your own invitation to relax & enjoy the lake & city views while dining on the deck & watching the sunsets. Vaulted entry & living rm, formal dining rm, inviting kitchen w/eating area & adjacent family rm open to the expansive deck. Upper level master suite w/office captures the stunning views. Lower level recreation room plus 3 add'l BRs. A/C, 3-car garage, artful gardens & spacious yard. Just three homes from water’s edge!

Last Agent to Sell the Property

Katie Penny Shea

Coldwell Banker Bain License #89745 Listed on: 05/17/2019

Coldwell Banker Bain

Co-Listed By

Molly Penny

Coldwell Banker Bain License #38547

Last Buyer's Agent

Sherrie Chen

AgencyOne License #105650

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1458231

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,975

Year Built

  • Built in 1981

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • City

Home Design

  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Westside Community

Listing and Financial Details

  • Assessor Parcel Number 8143300030

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,975

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Security System, Skylights, Vaulted Ceilings, Walk In Pantry
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 3
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3930
  • Square Footage Finished: 3930

Exterior Features

  • Exterior: Wood
  • Roof: Cedar Shake
  • View: City, Lake

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of MI
  • Water Company: City of MI
  • Water Heater: Storage Room-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Westside
  • Project: Sun West Estates

Schools

  • Elementary School: Island Park Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 3
  • Lot Details: Paved Street
  • Lot Sq Ft: 15070
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 8143300030
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 19869

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 16, 2019
Sold by
Rosoff Leonard and Rosoff Gretchen J
Bought by
Yuan Yong and Guo Pei
Seller's Agent
Katie Penny Shea
Coldwell Banker Bain
Buyer's Agent
Sherrie Chen
AgencyOne
List Price
$2,418,000
Sold Price
$2,388,000
Premium/Discount to List
-$30,000
-1.24%
Current Estimated Value
$3,818,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,430,126
Avg. Annual Appreciation
8.34%
Original Mortgage
$1,767,301
Outstanding Balance
$1,518,172
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,403,554

Purchase Details

Closed on
May 26, 1994
Sold by
Rosoff Leonard and Camp Gretchen Jane
Bought by
Rosoff Leonard and Rosoff Gretchen J

Purchase Details

Closed on
Jun 10, 1992
Sold by
Bates Barry and Bates Nancy
Bought by
Rosoff Leonard and Rosoff Camp
Source: Public Records

Range of Values:

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Average Value
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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
Yuan Yong $2,388,000 Chicago Title
Rosoff Leonard -- --
Rosoff Leonard $649,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan Yong $1,767,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $2,388,000 -1.2% $608 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $2,418,000 -- $615 / 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 $22,975 $3,508,000 $2,090,000 $1,418,000
2023 $22,604 $3,295,000 $1,972,000 $1,323,000
2022 $20,283 $3,685,000 $2,219,000 $1,466,000
2021 $19,470 $2,754,000 $1,827,000 $927,000
2020 $19,040 $2,432,000 $1,740,000 $692,000
2018 $19,869 $2,538,000 $1,517,000 $1,021,000
2017 $16,776 $2,290,000 $1,372,000 $918,000
2016 $15,608 $2,061,000 $1,255,000 $806,000
2015 $15,039 $1,867,000 $1,136,000 $731,000
2014 -- $1,719,000 $1,050,000 $669,000
2013 -- $1,705,000 $1,078,000 $627,000
Source: Public Records

Agents Affiliated with this Home

  • Katie Penny Shea

    Seller's Agent in 2019

    Katie Penny Shea

    Coldwell Banker Bain

    (206) 755-5051

    63 Total Sales

    Katie Penny Shea
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Molly Penny

    Coldwell Banker Bain

    Section Image

  • S

    Buyer's Agent in 2019

    Sherrie Chen

    AgencyOne Realty

    (206) 659-5861

    273 Total Sales

    Sherrie Chen
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1458231

Northwest Multiple Listing Service (NWMLS)

APN: 814330-0030

Washington King County Mercer Island 98040 Groveland

5407 W Mercer Way, Mercer Island, WA

This home is located at 5407 W Mercer Way, Mercer Island, WA 98040 since 17 May 2019 and is currently estimated at $3,818,126, approximately $971 per square foot. This property was built in 1981. 5407 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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