NOT LISTED FOR SALE

5445 E Mercer Way Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated Value: $2,187,000 - $3,249,000

4 Beds
2.5 Baths
3,600 Sq Ft
$773/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $1,848,000 $513 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $16,789/month

63 Days on Market

Highlights

  • Lake View
  • Built-In Refrigerator
  • Contemporary Architecture
  • Island Park Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2019

Contemporary perfectly sited to capture the lake & the snow-capped peaks of the Cascades.Elegant & warm, from the gracious 2-story entry to the floor to ceiling windows in the living rm. Stunning kitchen remodel by Peter Davis w/ over-sized island & thoughtful features:a prep sink, warming drawer & wine cooler. Main floor den w/ ¾ bath makes an ideal guest suite. Upper level master w/ sumptuous bath, 2 add'l BRs & a fantastic craft rm.

Last Listed By

Rebecca Locke

Compass Washington, LLC License #23740 Listed on: 03/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,643

Year Built

  • Built in 1990

Lot Details

  • Terraced Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Double Oven
  • Built-In Range
  • Range Hood
  • Built-In Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Security System Owned
  • Storm Windows

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • East Mercer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6673000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,643

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1990
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 13 Features: Fireplace
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 3
  • Interior Amenities: CentralVacuum, HardwoodFloors, HighCeilings, HighSpeedInternet, WalltoWallCarpet, WasherDryer
  • Room 4 Description: Entry
  • Room 4 Level: Main
  • Basement: None
  • Window Features: DoublePaneWindows, StormWindow, WoodFrames
  • Appliances: BuiltinRange, BuiltinRefrigerator, Dishwasher, Disposal, DoubleOven, Island, Pantry, RangeHood, WineCooler
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt20000toAcres1
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: CoveredPatio, Deck, Patio
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: Yes
  • Lot Features: GentleSloping, Terraced
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Lake,Mountain

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: SecuritySystemOwned
  • Cooling Y N: No
  • Heating: ForcedAir, HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Farm: No
  • Parcel #: 6673000090

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 13643.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Jun 3, 2019
Sold by
Dearias Louis C and Dearias Karen M
Bought by
Lei Menglei
Seller's Agent
Rebecca Locke
Compass Washington, LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$1,848,000
Sold Price
$1,848,000
Total Days on Market
63
Current Estimated Value
$2,781,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$933,451
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Aug 27, 1991
Sold by
Titan Properties Corp
Bought by
Dearias Louis C and Dearias Karen M

Range of Values:

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Average Value
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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
Lei Menglei $1,848,000 Chicago Title
Dearias Louis C $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Menglei $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2019 06/06/19 Sold $1,848,000 0.0% $513 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $1,848,000 -- $513 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $16,412 $2,505,000 $1,230,000 $1,275,000
2023 $16,457 $2,398,000 $1,161,000 $1,237,000
2022 $14,772 $2,682,000 $1,307,000 $1,375,000
2021 $14,511 $2,005,000 $1,076,000 $929,000
2020 $15,117 $1,812,000 $1,025,000 $787,000
2018 $13,643 $1,742,000 $872,000 $870,000
2017 $11,912 $1,572,000 $789,000 $783,000
2016 $11,080 $1,463,000 $722,000 $741,000
2015 $10,677 $1,325,000 $654,000 $671,000
2014 -- $1,220,000 $605,000 $615,000
2013 -- $1,028,000 $611,000 $417,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rebecca Locke

    Compass Washington, LLC

  • O

    Buyer's Agent in 2019

    OR and WA Non Rmls

    Non Rmls Broker

    (503) 236-7657

    23,597 Total Sales

    OR and WA Non Rmls
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19467432

Regional Multiple Listing Service (RMLS)

APN: 667300-0090

Washington King County Mercer Island 98040 Parkwood - Mercer Firs

5445 E Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 5445 E Mercer Way, Mercer Island, WA 98040 since 13 March 2019 and is currently estimated at $2,781,451, approximately $772 per square foot. This property was built in 1990. 5445 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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