Listed by Redfin Corp., Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

5440 E Mercer Way Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated Value: $2,424,000 - $3,657,000

3 Beds
4 Baths
4,090 Sq Ft
$739/Sq Ft Est. Value

Last Sold May 09, 2017

Last sale price $1,475,000 $361 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $17,419/month

177 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Island Park Elementary School Rated A
  • Secluded Lot
  • 2 Fireplaces

About This Home

As of May 2017

Elegantly revitalized home w/ lake & Mt. Rainier views. Full of natural light level entry living & laundry on the main level. Grand open floor plan perfect for entertaining w/wood floors, vaulted ceilings & gorgeous kitchen w/huge island, ample storage & high-end SS appliances. Enjoy the perfect master suite & sunny lower level boasting several rooms plus huge rec-room anchored by the original stone fireplace & wet bar. Multiple decks & patios to enjoy the view & yard. Studs out remodel!

Last Agent to Sell the Property

Kerri Donovan

Redfin Corp. Listed on: 09/29/2016

Co-Listed By

Kelli Howison

Windermere Real Estate/East License #88576

Last Buyer's Agent

James Laurie

Coldwell Banker Bain License #110427

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1035935

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,609

Year Built

  • Built in 1967

Lot Details

  • Secluded Lot
  • Level Lot
  • Garden

Parking

  • Detached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Accessible Home Design

  • Disabled Access

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 1924059264

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,609

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Disabled Access, High Tech Cabling, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 3.50
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4090
  • Square Footage Finished: 4090

Exterior Features

  • Exterior: Brick, Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Bellevue
  • Water Company: City of Bellevue
  • Water Heater: Utility Closet-On Demand / Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mercer Island

Schools

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

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 19400
  • Lot Topography Vegetation: Garden Space, Level, Sloped
  • Parcel Number: 1924059264
  • Lot Topography: Garden Space, Level, Sloped

Tax Info

  • Tax Amount: 5334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2020
Sold by
Kesapradist Jeanne Athya and Kesapradist Scott
Bought by
Kesapradist Scott and Kesapradist Jeanne Athya
Current Estimated Value
$3,020,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2016
Closed on
May 7, 2017
Sold by
Kesapradist Jeanne
Bought by
Kesapradist Scott
Seller's Agent
Kerri Donovan
Redfin Corp.
Buyer's Agent
James Laurie
Coldwell Banker Bain
List Price
$1,599,000
Sold Price
$1,475,000
Premium/Discount to List
-$124,000
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$745,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2016
Closed on
Apr 20, 2017
Sold by
Elkins Richard N and Elkins Elizabeth A
Bought by
Kesaprdist Scott
Seller's Agent
Kerri Donovan
Redfin Corp.
Buyer's Agent
James Laurie
Coldwell Banker Bain
List Price
$1,599,000
Sold Price
$1,475,000
Premium/Discount to List
-$124,000
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
4.23%
Mortgage Type
New Conventional
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
Kesapradist Scott -- Fidelity National Ttl Of Or
Kesapradist Scott -- Old Republic
Kesaprdist Scott $1,475,000 Old Republic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kesapradist Scott $745,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold $1,475,000 -1.0% $361 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
03/11/2017 03/11/17 Price Changed $1,490,000 -3.8% $364 / Sq Ft
02/17/2017 02/17/17 Price Changed $1,549,000 -3.1% $379 / Sq Ft
01/26/2017 01/26/17 Price Changed $1,599,000 0.0% $391 / Sq Ft
01/26/2017 01/26/17 For Sale $1,599,000 +8.4% $391 / Sq Ft
01/20/2017 01/20/17 Off Market $1,475,000 -- --
11/07/2016 11/07/16 Price Changed $1,650,000 -2.9% $403 / Sq Ft
09/29/2016 09/29/16 For Sale $1,700,000 -- $416 / 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 $17,609 $2,688,000 $1,264,000 $1,424,000
2023 $17,721 $2,573,000 $1,193,000 $1,380,000
2022 $15,846 $2,878,000 $1,343,000 $1,535,000
2021 $15,567 $2,151,000 $1,106,000 $1,045,000
2020 $13,002 $1,944,000 $1,054,000 $890,000
2018 $12,620 $1,611,000 $837,000 $774,000
2017 $8,740 $1,454,000 $757,000 $697,000
2016 $5,334 $1,073,000 $692,000 $381,000
2015 $5,170 $637,000 $627,000 $10,000
2014 -- $590,000 $580,000 $10,000
2013 -- $871,000 $611,000 $260,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kerri Donovan

    Redfin Corp.

    Section Image
  • Kelli Howison

    Seller Co-Listing Agent in 2017

    Kelli Howison

    Windermere Corporate

    (206) 491-3227

    37 Total Sales

    Kelli Howison
    Section Image

  • J

    Buyer's Agent in 2017

    James Laurie

    Coldwell Banker Bain

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1035935

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9264

Washington King County Mercer Island 98040 Parkwood - Mercer Firs

5440 E Mercer Way, Mercer Island, WA

This home is located at 5440 E Mercer Way, Mercer Island, WA 98040 since 29 September 2016 and is currently estimated at $3,020,696, approximately $738 per square foot. This property was built in 1967. 5440 E 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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