NOT LISTED FOR SALE

5804 E Mercer Way Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated Value: $5,397,000 - $7,991,000

5 Beds
3 Baths
5,390 Sq Ft
$1,255/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $3,576,000 $663 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $39,737/month

4 Days on Market

Highlights

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

About This Home

As of June 2017

Lakeside Living at its best! Walls of windows frame stunning views of Lake WA & Mt. Rainier on 60’ of waterfront. Ideal floorplan & smartly designed spaces: open great room w/ soaring ceilings flows into gourmet kitchen w/ eating bar & large entertaining deck. Main floor den & guest suite. Upstairs, 3 more en suite bedrooms including fabulous view master retreat. Host the crowd on the lower level for movies, hot tub or game night after enjoying a day on the lake. Radiant. Alluring. Exceptional.

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 04/18/2017

COMPASS

Last Buyer's Agent

Brooke Barnes

Windermere RE Greenwood License #104163

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1106987

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,363

Year Built

  • Built in 2003

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3 Bathrooms
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1924059075

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,363

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 4.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5390

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Lake, No Bank
  • Waterfront Frontage: 60

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Radiant
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 12600
  • Lot Topography Vegetation: Level, Partial Slope, Rolling
  • Parcel Number: 1924059075
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Partial Slope, Rolling

Tax Info

  • Tax Amount: 23852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 2, 2017
Sold by
Stevens Paul E and Stevens Barbara A
Bought by
Marsh Brian and Heron Elizabeth
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Brooke Barnes
Windermere RE Greenwood
List Price
$3,588,000
Sold Price
$3,576,000
Premium/Discount to List
-$12,000
-0.33%
Current Estimated Value
$6,766,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,190,256
Avg. Annual Appreciation
8.00%
Original Mortgage
$2,588,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 16, 2014
Sold by
Stevens Paul E and Stevens Barbara A
Bought by
The 1999 Stevens Family Trust Agreement and Stevens Barbara

Purchase Details

Closed on
Aug 14, 2003
Sold by
Dixon Michael and Dixon Christine
Bought by
Stevens Paul E and Stevens Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1999
Sold by
Elassiouti Moustafa
Bought by
Dixon Michael and Dixon Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.5%

Purchase Details

Closed on
Feb 27, 1995
Sold by
Elassiouti Esther
Bought by
Elassiouti Moustafa
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
Marsh Brian $3,576,000 Fidelity Natio
The 1999 Stevens Family Trust Agreement -- None Available
Stevens Paul E $1,998,000 Chicago Title
Dixon Michael $760,000 Chicago Title Insurance Co
Elassiouti Moustafa -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Brian $2,588,000
Previous Owner Stevens Paul E $800,000
Previous Owner Dixon Michael $350,000
Closed Stevens Paul E $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold $3,576,000 -0.3% $663 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $3,588,000 -- $666 / 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 $46,363 $7,082,000 $2,643,000 $4,439,000
2023 $45,776 $6,651,000 $2,494,000 $4,157,000
2022 $38,540 $7,438,000 $2,806,000 $4,632,000
2021 $26,269 $5,235,000 $2,310,000 $2,925,000
2020 $25,094 $3,282,000 $2,200,000 $1,082,000
2018 $27,326 $3,263,000 $1,794,000 $1,469,000
2017 $23,852 $3,150,000 $1,725,000 $1,425,000
2016 $22,190 $2,931,000 $1,577,000 $1,354,000
2015 $21,376 $2,655,000 $1,428,000 $1,227,000
2014 -- $2,444,000 $1,320,000 $1,124,000
2013 -- $2,188,000 $1,325,000 $863,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Weisfield

    Seller's Agent in 2017

    Kelly Weisfield

    COMPASS

    (206) 355-3863

    4 in this area

    112 Total Sales

    Kelly Weisfield
    Section Image
  • Brooke Barnes

    Buyer's Agent in 2017

    Brooke Barnes

    Windermere Corporate

    (206) 406-8322

    64 Total Sales

    Brooke Barnes
    Section Image
  • Sunshine McArthur

    Buyer Co-Listing Agent in 2017

    Sunshine McArthur

    Windermere Corporate

    (206) 730-2437

    62 Total Sales

    Sunshine McArthur
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1106987

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9075

Washington King County Mercer Island 98040 Parkwood - Mercer Firs

5804 E Mercer Way, Mercer Island, WA

This home is located at 5804 E Mercer Way, Mercer Island, WA 98040 since 18 April 2017 and is currently estimated at $6,766,256, approximately $1,255 per square foot. This property was built in 2003. 5804 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.

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Based on information submitted to the MLS GRID

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