Listed by COMPASS, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

5652 E Mercer Way Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated Value: $3,195,000 - $7,213,000

4 Beds
1 Bath
4,817 Sq Ft
$1,197/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $5,338,000 $1,108 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $33,640/month

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Deck
  • Island Park Elementary School Rated A
  • Lake View
  • 2 Fireplaces

About This Home

As of May 2020

This home is located at 5652 E Mercer Way, Mercer Island, WA 98040 since 28 May 2020 and is currently estimated at $5,765,421, approximately $1,196 per square foot. This property was built in 1956. 5652 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.

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 05/28/2020

COMPASS

Last Buyer's Agent

Sandy Nicholls

Windermere Real Estate/East License #30178

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1607689

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,553

Year Built

  • Built in 1956

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement

Outdoor Features

  • Docks
  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Eastside Community

Listing and Financial Details

  • Assessor Parcel Number 1924059078

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,553

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 3
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4817
  • Square Footage Finished: 4817

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Lake, Mountain
  • Waterfront: Bank-Low
  • Waterfront Frontage: 109

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Eastside

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 25504
  • Parcel Number: 1924059078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
May 20, 2020
Sold by
Lybeck Lory R and Lybeck Linda S
Bought by
Rosato Michael T and Rosato Ann H
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Sandy Nicholls
Windermere Real Estate/East
List Price
$5,338,000
Sold Price
$5,338,000
Current Estimated Value
$5,765,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,421
Avg. Annual Appreciation
1.43%
Original Mortgage
$4,269,866
Outstanding Balance
$3,747,196
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,018,225

Purchase Details

Closed on
Oct 8, 1997
Sold by
Bandy Gregory S and Bandy Charlotte N
Bought by
Lybeck Lory R and Lybeck Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%

Purchase Details

Closed on
May 5, 1995
Sold by
Fowler W Berry and Fowler Anne S
Bought by
Bandy Gregory S and Bandy Charlotte N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
7.46%

Purchase Details

Closed on
Aug 26, 1992
Sold by
Schiffman Steven P and Schiffman Laurie A
Bought by
Fowler W Berry
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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
Rosato Michael T $5,338,000 Chicago Title
Lybeck Lory R $965,000 Chicago Title Ins Co
Bandy Gregory S $828,000 Chicago Title Insurance Co
Fowler W Berry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosato Michael T $4,269,866
Previous Owner Lybeck Lory R $400,000
Previous Owner Bandy Gregory S $499,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $5,338,000 0.0% $1,108 / Sq Ft
05/28/2020 05/28/20 For Sale $5,338,000 -- $1,108 / 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 $41,553 $6,347,000 $4,074,000 $2,273,000
2023 $39,984 $5,809,000 $3,844,000 $1,965,000
2022 $35,744 $6,496,000 $4,325,000 $2,171,000
2021 $34,307 $4,855,000 $3,560,000 $1,295,000
2020 $34,851 $4,287,000 $3,391,000 $896,000
2018 $35,277 $4,214,000 $3,034,000 $1,180,000
2017 $30,790 $4,067,000 $2,918,000 $1,149,000
2016 $28,638 $3,784,000 $2,668,000 $1,116,000
2015 $27,591 $3,427,000 $2,415,000 $1,012,000
2014 -- $3,155,000 $2,232,000 $923,000
2013 -- $3,298,000 $2,486,000 $812,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Weisfield

    Seller's Agent in 2020

    Kelly Weisfield

    COMPASS

    (206) 355-3863

    4 in this area

    114 Total Sales

    Kelly Weisfield
    Section Image
  • Sandy Nicholls

    Buyer's Agent in 2020

    Sandy Nicholls

    Windermere Corporate

    (425) 444-4966

    69 Total Sales

    Sandy Nicholls
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1607689

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9078

Washington King County Mercer Island 98040 Parkwood - Mercer Firs

5652 E Mercer Way, Mercer Island, WA

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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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