Seller's Agent in 2025
Grace Yu
Reaologics Sothebys International Realty
(425) 213-2360
1 in this area
28 Total Sales
Listed by Realogics Sotheby's Int'l Rlty, Bought with Windermere Real Estate/East
5438 E Mercer Way Mercer Island, WA 98040
Parkwood - Mercer Firs Neighborhood
5
Beds
3.5
Baths
3,510
Sq Ft
0.58
Acres
Highlights
- Low Bank Waterfront Property
- Docks
- Fruit Trees
- Island Park Elementary School Rated A
- Lake View
- Deck
About This Home
As of July 2025Discover unparalleled lakeside living with this refreshed contemporary home, perfectly positioned on a sprawling 0.58-acre lot with 85 feet of low-bank lake frontage and a private dock. Every room in this 5-bedroom, 3.5-bathroom home offers breathtaking views of the serene lake, seamlessly blending modern design with nature's beauty. Wake up to panoramic views of Mt. Rainier and enjoy the tranquility of the water right at your doorstep. Every detail is designed to bring the outdoors in. Nestled in a community renowned for its excellent schools, this home is not just a residence but a lifestyle. A peaceful retreat ready to be enjoyed while offering incredible potential for expansion, to transform it into your forever home.
Last Agent to Sell the Property
Realogics Sotheby's Int'l Rlty License #83241 Listed on: 06/16/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2393404
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,792
Year Built
- Built in 1960
Lot Details
- 0.58 Acre Lot
- Low Bank Waterfront Property
- 85 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- West Facing Home
- Level Lot
- Sprinkler System
- Fruit Trees
- Wooded Lot
- Garden
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Modern Architecture
- Slab Foundation
- Bitumen Roof
- Wood Siding
Interior Spaces
- 3,510 Sq Ft Home
- 2-Story Property
- Skylights
- 3 Fireplaces
- Wood Burning Fireplace
- French Doors
- Dining Room
- Finished Basement
- Natural lighting in basement
- Storm Windows
Kitchen
- Double Oven
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Parking
- 3 Parking Spaces
- Detached Carport Space
Outdoor Features
- Bulkhead
- Docks
- Deck
- Patio
Schools
- Island Park Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating System
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- East Mercer Subdivision
Listing and Financial Details
- Assessor Parcel Number 1924059149
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2025
Closed on
Jul 18, 2025
Sold by
Li Hongfang and Liu Bingcheng
Bought by
Cuneo James D and Cuneo Nina S
Seller's Agent
Grace Yu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Joan Bayley
Windermere Real Estate/East
List Price
$4,999,900
Sold Price
$4,800,000
Premium/Discount to List
-$199,900
-4%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.77%
Original Mortgage
$3,360,000
Outstanding Balance
$3,352,502
Interest Rate
5.41%
Mortgage Type
New Conventional
Estimated Equity
$1,658,801
Purchase Details
Listed on
Jun 22, 2019
Closed on
Sep 12, 2019
Sold by
Manheim Paul M and Manheim Vivienne F
Bought by
Li Hongfang and Liu Bingcheng
Seller's Agent
Jimi Lou Steambarge
Lake & Company
Buyer's Agent
Grace Yu
Realogics Sotheby's Int'l Rlty
List Price
$3,798,000
Sold Price
$3,618,000
Premium/Discount to List
-$180,000
-4.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Purchase Details
Closed on
Aug 20, 1986
Sold by
Olson Verna Carol
Bought by
Manheim Paul M and Manheim Vivienne F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,800,000 | Equity Title Of Washington | |
| Warranty Deed | $3,618,000 | First American Title | |
| Warranty Deed | $387,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,360,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2025 07/21/25 | Sold | $4,800,000 | -4.0% | $1,368 / Sq Ft | |
| 06/24/2025 06/24/25 | Pending | -- | -- | -- | |
| 06/16/2025 06/16/25 | For Sale | $4,999,900 | +38.2% | $1,424 / Sq Ft | |
| 09/27/2019 09/27/19 | Sold | $3,618,000 | -4.7% | $1,031 / Sq Ft | View Prior Sale |
| 09/06/2019 09/06/19 | Pending | -- | -- | -- | |
| 09/05/2019 09/05/19 | For Sale | $3,798,000 | +5.0% | $1,082 / Sq Ft | |
| 09/04/2019 09/04/19 | Off Market | $3,618,000 | -- | -- | |
| 07/29/2019 07/29/19 | Price Changed | $3,798,000 | -2.5% | $1,082 / Sq Ft | |
| 06/22/2019 06/22/19 | For Sale | $3,895,000 | -- | $1,110 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $27,909 | $4,262,000 | $3,213,000 | $1,049,000 |
| 2023 | $30,792 | $4,473,000 | $3,032,000 | $1,441,000 |
| 2022 | $26,833 | $5,002,000 | $3,411,000 | $1,591,000 |
| 2021 | $25,757 | $3,644,000 | $2,808,000 | $836,000 |
| 2020 | $26,192 | $3,218,000 | $2,675,000 | $543,000 |
| 2018 | $28,523 | $3,406,000 | $2,511,000 | $895,000 |
| 2017 | $24,088 | $3,288,000 | $2,415,000 | $873,000 |
| 2016 | $22,407 | $2,960,000 | $2,208,000 | $752,000 |
| 2015 | $21,586 | $2,681,000 | $1,999,000 | $682,000 |
| 2014 | -- | $2,468,000 | $1,848,000 | $620,000 |
| 2013 | -- | $2,518,000 | $2,263,000 | $255,000 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Yu
-
Joan Bayley
Buyer's Agent in 2025
Joan Bayley
Windermere Corporate
(206) 940-4611
3 in this area
65 Total Sales
-
Jimi Lou Steambarge
Seller's Agent in 2019
Jimi Lou Steambarge
Lake & Company
(206) 755-7969
85 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2393404
APN: 192405-9149
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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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