Brilliant M.I. Modern Waterfront! Custom-built (2018) & recently transformed into a curated lakeside oasis through exceptional interior design updates. FUN is the word for this house! New stylish lighting & finishes create idyllic coastal aesthetic. Perfectly sited on 64’ low bank w/ views of Mt. Rainier. Enter to walls of windows that draw you to panoramic lake views. Open great room & gourmet chef’s kitchen w/ top of line appliances &cabinetry. All BDRS en suite, 4 (of 6) UP incl. stunning primary retreat. Lower level fun zone w/ walk-out water access & beach bath. Turf, spacious deck & new hot tub. Separate, updated 2 BDR cottage. Sacrifice nothing & enjoy turn-key perfection on the lake!
Lot Features: Cul-De-Sac, Drought Res Landscape, Paved
View: Yes
Waterfront Features: Bank-Low, Lake
Waterfront: Yes
Exterior Features: Cement Planked, Wood
Foundation Details: Poured Concrete
Structure Type: House
WaterfrontFootage: 64
Garage/Parking
Attached Garage: Yes
Carport Y N: No
Covered Parking Spaces: 2
Garage Yn: Yes
Open Parking: No
Parking Features: Attached Garage, Off Street
Total Parking Spaces: 2
Utilities
Sewer: Sewer Connected
Water Source: Public
Cooling Y N: Yes
Heating Yn: Yes
Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
HeatingCoolingType: Central A/C,Forced Air,Hot Water Recirc Pump,Radiant
PowerCompany: PSE
SewerCompany: City of Mercer Island
WaterCompany: City of Mercer Island
WaterHeaterLocation: Crawlspace
WaterHeaterType: Gas
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Mercer Island
High School: Mercer Isl High
Middle Or Junior School: Islander Mid
Lot Info
Parcel Number: 2579500130
Topography: Level,Terraces
Land Lease: No
Lot Size Acres: 0.4117
Lot Size Sq Ft: 17935
Zoning Description: R-8.4
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gas Available,High Speed Internet,Moorage,Outbuildings,Patio,Sprinkler System
MLSLotSizeSource: KCR
MLSSquareFootageSource: Realist
ZoningJurisdiction: City
Green Features
Power Production Type: Natural Gas
Rental Info
Furnished: Unfurnished
Tax Info
Year: 2022
Tax Annual Amount: 39320
Multi Family
EnergySource: Natural Gas
MLS Schools
Elementary School: Buyer To Verify
Ownership History
DateNameOwned ForOwner Type
Jan 2023 - PresentChen Living Trust2 Years and 4 Months
Private Individual
Purchase Details
Closed on
Jan 17, 2023
Sold by
Cheng Vanessa and Cheng Shen-Yuan
Bought by
Chen Living Trust
Total Days on Market
68
Current Estimated Value
$7,475,184
Sep 2022 - Jan 2023Cheng Vanessa and Cheng Shen-Yuan4 Months
Private Individual
Purchase Details
Listed on
Jun 29, 2022
Closed on
Sep 20, 2022
Sold by
Brad Dowhaniuk
Bought by
Cheng Vanessa and Cheng Shen-Yuan
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Tere Foster
COMPASS
List Price
$8,298,000
Sold Price
$8,150,000
Premium/Discount to List
-$148,000
-1.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.11%
Nov 2020 - Sep 2022Dowhaniuk Brad1 Year and 10 Months
Private Individual
Purchase Details
Listed on
Sep 22, 2020
Closed on
Nov 16, 2020
Sold by
Hellemons Henciricus C and Lopez Myda Lisa
Bought by
Dowhaniuk Brad
Seller's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$6,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$250,000
-3.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$3,250,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Nov 2020 - Nov 2020Dowhaniuk BradLess than a month
Private Individual
Purchase Details
Listed on
Sep 22, 2020
Closed on
Nov 11, 2020
Sold by
Dowhaniuk Yolanda and Dowhaniuk Brad
Bought by
Dowhaniuk Brad
Seller's Agent
Robyn Kimura-Hsu
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Kelly Weisfield
COMPASS
List Price
$6,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$250,000
-3.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Jul 2015 - Nov 2020Hellemons Hendricus C and Lopez Myda L5 Years and 4 Months
Private Individual
Purchase Details
Listed on
May 26, 2015
Closed on
Jul 29, 2015
Sold by
Sussex Steven A
Bought by
Hellemons Hendricus C and Lopez Myda L
Seller's Agent
Bonnie Sanborn
Engel & Voelkers Mercer Island
Buyer's Agent
Myda Lopez
InPeak Properties LLC
List Price
$1,999,000
Sold Price
$1,999,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.01%
Original Mortgage
$1,199,400
Interest Rate
3.98%
Nov 2001 - Jul 2015Sussex Steven A and Sussex Kerry C13 Years and 8 Months
Private Individual
Purchase Details
Closed on
Nov 29, 2001
Sold by
Rhode Leroy
Bought by
Sussex Steven A and Sussex Kerry C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
6.63%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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The epitome of waterfront living on Mercer Island's tranquil north shore. This rare rambler-style beach house offers a serene retreat with 4 bedrooms, including a primary suite boasting stunning views & 5-piece bath. The 85ft of private low-bank waterfront & sandy beach provide the perfect escape. Luther Burbank Park borders the west side, enhancing the natural beauty of the surroundings. Private
A spotless and stunning new-construction home. Sited on the conveniently located north end with easy access to downtown Mercer Island, I-90, Bellevue and Seattle. Captivating lake and city views! Live exceptionally in this perfectly crafted masterpiece, featuring a great room concept with dramatic views which opens to an expansive deck with built-in barbeque and cooking station, two designer
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 7464 E Mercer Way, Mercer Island, WA 98040 since 29 June 2022 and is currently estimated at $7,475,184, approximately $1,286 per square foot. This property was built in 2018. 7464 E Mercer Way is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.
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