7703 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated payment $36,810/month
Highlights
- 65 Feet of Waterfront
- Docks
- Fireplace in Primary Bedroom
- Lakeridge Elementary School Rated A
- Lake View
- Deck
About This Home
Olson Kundig design set upon the shores of Lake Washington. Light finds you in every space & the views are inescapable in your modern jewel-box home of glass, steel, wood & concrete, artfully reimagined by world renowned architect, Jim Olson, in 2008. Mt Rainier & the Olympics are your backdrop for all-day sun along 65' of coveted West-facing Mercer Island waterfront with new dock in 2017 & boat lift. Enter near waters edge to vaulted gathering spaces with seamless indoor/outdoor flow for social nights by the lake, quiet & intimate zones for retreat & relaxation, primary suite & two additional bedrooms share their own floor centered around a communal family room hub, & lakeside-level entertaining room with additional bedroom & 3/4 bathroom.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2421236
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,802
Year Built
- Built in 1986
Lot Details
- 0.43 Acre Lot
- 65 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- Southwest Facing Home
- Brush Vegetation
- Terraced Lot
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Mountain
Home Design
- Modern Architecture
- Poured Concrete
- Metal Roof
- Wood Siding
Interior Spaces
- 4,361 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Vaulted Ceiling
- 4 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- French Doors
- Dining Room
- Storm Windows
- Finished Basement
Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Slate Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Bulkhead
- Docks
- Deck
- Patio
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- Ductless Heating Or Cooling System
- Heat Pump System
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Community Details
- No Home Owners Association
- West Mercer Subdivision
Listing and Financial Details
- Tax Lot 4-5
- Assessor Parcel Number 5451300038
Map
Home Values in the Area
Average Home Value in this Area
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 | $30,180 | $4,609,000 | $1,757,000 | $2,852,000 |
| 2023 | $29,802 | $4,329,000 | $1,658,000 | $2,671,000 |
| 2022 | $25,972 | $4,842,000 | $1,866,000 | $2,976,000 |
| 2021 | $21,998 | $3,527,000 | $1,536,000 | $1,991,000 |
| 2020 | $18,511 | $2,748,000 | $1,463,000 | $1,285,000 |
| 2018 | $19,210 | $2,294,000 | $1,085,000 | $1,209,000 |
| 2017 | $16,768 | $2,214,000 | $1,044,000 | $1,170,000 |
| 2016 | $15,599 | $2,060,000 | $955,000 | $1,105,000 |
| 2015 | $15,030 | $1,866,000 | $865,000 | $1,001,000 |
| 2014 | -- | $1,718,000 | $800,000 | $918,000 |
| 2013 | -- | $1,438,000 | $1,078,000 | $360,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $6,500,000 | +41.3% | $1,490 / Sq Ft |
| 08/19/2021 08/19/21 | Sold | $4,600,000 | -23.3% | $1,055 / Sq Ft |
| 08/12/2021 08/12/21 | Pending | -- | -- | -- |
| 08/12/2021 08/12/21 | For Sale | $5,998,000 | +30.4% | $1,375 / Sq Ft |
| 06/24/2021 06/24/21 | Off Market | $4,600,000 | -- | -- |
| 05/25/2021 05/25/21 | For Sale | $5,998,000 | -- | $1,375 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,600,000 | Chicago Title Company Of Wa | |
| Warranty Deed | $1,698,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $579,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Credit Line Revolving | |
| Open | $2,990,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | New Conventional | |
| Previous Owner | $287,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $325,000 | Unknown | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $300,000 | Purchase Money Mortgage |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2421236
APN: 545130-0038
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Based on information submitted to the MLS GRID
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