$3,618,000
SOLD SEP 27, 2019
5 Beds
1 Bath
3,510 Sq Ft
0.58 Acres

Recently Sold

$1,031 Per Sq Ft

5% Below List Price

76 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Fruit Trees
  • Island Park Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of July 2025

Rare private 85' low-bank waterfront! The combination of the lakefront & a large wooded lot makes for a perfect PNW lifestyle and playground for all. Modern lifestyle home provides stunning views from every room. Home is sun drenched, sits on over half-an-acre & exudes sophistication. Built in '60, redesigned & expanded in '87 and remodeled in '02 & '12. The Italian Pedini kitchen & adjacent living spaces are the heart of this home. Soak up lake life by making this 5-bedroom E Mercer gem yours!

Last Agent to Sell the Property

Jimi Lou Steambarge

Lake & Company License #115751 Listed on: 06/22/2019

Lake & Company

Last Buyer's Agent

Grace Yu

Realogics Sotheby's Int'l Rlty License #83241

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1479578

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,909

Year Built

  • Built in 1960

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is zoned R15

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Slab Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1924059149

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,909

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Modern
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights
  • Floor Covering: Ceramic Tile, Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3750
  • Square Footage Finished: 3510
  • Square Footage Unfinished: 240

Exterior Features

  • Exterior: Cement/Concrete, Wood
  • Foundation: Slab
  • Roof: Torch Down
  • View: Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 85

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Basement Storage Room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East 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, Paved Street
  • Lot Sq Ft: 25265
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 1924059149
  • Zoning Code: R15
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 28543

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
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1970.77%
Original Mortgage
$3,360,000
Outstanding Balance
$3,360,000
Interest Rate
5.41%
Mortgage Type
New Conventional
Estimated Equity
$1,896,845

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Previous Owner $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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 $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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1479578

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9149