NOT LISTED FOR SALE

5850 W Mercer Way Mercer Island, WA 98040

Groveland Neighborhood

Estimated Value: $2,384,000 - $3,433,000

4 Beds
4 Baths
5,750 Sq Ft
$524/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $1,105,000 $192 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $17,930/month

249 Days on Market

About This Home

As of January 2014

Cross the threshold of this luxury home & instantly be captivated by dramatic spaces, extraordinary detail & sublime finishes that create an unparalleled interior. Executed with fine craftsmanship, this home was designed with today’s living & entertaining in mind…This property comes complete with an exquisitely appointed ADU! The majestic sparkling lake & twinkling city lights crown this jewel property!

Last Agent to Sell the Property

Terry Donovan

Windermere Mercer Island License #48111 Listed on: 04/02/2013

Windermere Mercer Island

Last Buyer's Agent

May Li

Regency Realties LLC License #24789

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM467125

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$15,312

Year Built

1989

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 5750
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Refrigerator
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Features: Wet Bar, Wine Cellar, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Loft, Security System, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Slate, Wall to Wall Carpet
  • Water Heater Location: Garage-Gas

Exterior Features

  • Roof: Flat
  • Building Information: Additional Dwelling
  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Flat
  • Site Features: Cable TV, Deck, Natural Gas Available, High Speed Internet, Sprinkler System
  • View: City, Lake
  • Lot Topography: Level, Partial Slope

Garage/Parking

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

Utilities

  • Cooling: Forced Air, High Efficiency (Unspecified)
  • Heating: Forced Air, High Efficiency (Unspecified)
  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Refrigerator
  • Heating and Cooling: Forced Air, High Efficiency (Unspecified)
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Xu Yangfan
Bought by
Xyx Living Trust and Xu
Current Estimated Value
$3,015,552

Purchase Details

Closed on
Aug 3, 2023
Sold by
Xu Tielin and Xu Erfang
Bought by
Xyx Living Trust and Xu

Purchase Details

Closed on
Dec 26, 2012
Sold by
Hansen Douglas A and Sorensen Diane L
Bought by
Xu Yangfan and Xu Tielin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1993
Sold by
Executive Relocation Corp
Bought by
Hansen Douglas A and Hansen Sorensen D

Purchase Details

Closed on
Sep 2, 1992
Sold by
Minkus Marc S and Minkus Terri I
Bought by
Executive Relocation Corp
Source: Public Records

Range of Values:

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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
Xyx Living Trust $313 None Listed On Document
Xyx Living Trust $313 None Listed On Document
Xu Yangfan $1,105,000 Fidelity Natio
Hansen Douglas A $517,800 --
Executive Relocation Corp $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Yangfan $650,000
Previous Owner Xu Yangfan $209,000
Previous Owner Xu Yangfan $297,000
Previous Owner Xu Yangfan $120,000
Previous Owner Xu Yangfan $880,000
Previous Owner Hansen Douglas A $459,800
Previous Owner Hansen Douglas A $462,000
Previous Owner Hansen Douglas A $250,000
Previous Owner Hansen Douglas A $270,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2014 01/16/14 Sold $1,105,000 -7.9% $192 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
10/21/2013 10/21/13 Price Changed $1,199,950 -4.0% $209 / Sq Ft
09/20/2013 09/20/13 Price Changed $1,250,000 -3.0% $217 / Sq Ft
09/16/2013 09/16/13 Price Changed $1,288,850 0.0% $224 / Sq Ft
09/16/2013 09/16/13 For Sale $1,288,850 +16.6% $224 / Sq Ft
09/02/2013 09/02/13 Off Market $1,105,000 -- --
08/23/2013 08/23/13 Price Changed $1,295,500 -7.2% $225 / Sq Ft
04/01/2013 04/01/13 For Sale $1,395,500 -- $243 / 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 $15,312 $2,337,000 $1,046,000 $1,291,000
2023 $15,409 $2,237,000 $987,000 $1,250,000
2022 $13,778 $2,502,000 $1,111,000 $1,391,000
2021 $13,815 $1,870,000 $915,000 $955,000
2020 $13,759 $1,725,000 $872,000 $853,000
2018 $13,348 $1,704,000 $714,000 $990,000
2017 $11,278 $1,538,000 $646,000 $892,000
2016 $10,496 $1,385,000 $591,000 $794,000
2015 $10,074 $1,255,000 $535,000 $720,000
2014 -- $1,156,000 $495,000 $661,000
2013 -- $976,000 $488,000 $488,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Terry Donovan

    Windermere Corporate

    Section Image

  • M

    Buyer's Agent in 2014

    May Li

    Regency Realties LLC

    (206) 618-1668

    81 Total Sales

    May Li
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM467125

Northwest Multiple Listing Service (NWMLS)

APN: 157470-0190

Washington King County Mercer Island 98040 Groveland

5850 W Mercer Way, Mercer Island, WA

This home is located at 5850 W Mercer Way, Mercer Island, WA 98040 since 02 April 2013 and is currently estimated at $3,015,552, approximately $524 per square foot. This property was built in 1989. 5850 W 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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