Listed by Windermere Real Estate Co., Bought with Seattle Works Real Estate
$8,125,000
SOLD SEP 17, 2024
5 Beds
4.5 Baths
5,730 Sq Ft
0.3 Acres

Recently Sold

$1,418 Per Sq Ft

4% Below List Price

93 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Docks
  • Spa
  • Lakeridge Elementary School Rated A
  • Wine Cellar
  • Sauna

About This Home

As of September 2024

Embrace the epitome of waterfront luxury living with this unparalleled estate nestled along the serene shores of Mercer Island's prestigious south end. Wake up to dramatic views of Mt. Rainier sparkling over the tranquil waters of Lake Washington. Spanning a meticulously landscaped 12,910-square-foot lot, this architectural marvel boasts 85 ft of pristine waterfront, complete w/deep water moorage, boat and jet ski lifts and an oversized shared dock (with just one other home), offering direct access to the excitement of the lake. Expansive decks, gourmet kitchen, BBQ & pizza oven are built for entertaining and sunken spa and cedar sauna for relaxing. Stone, metal and wood come together in an unmatched level of refinement and sophistication.

Last Agent to Sell the Property

Jan Selvar

Windermere Real Estate Co. License #23282

Windermere Real Estate Co.

Co-Listed By

Ashley Azeltine

Windermere Real Estate Co. License #107864

Last Buyer's Agent

Andreina Tinoco

Seattle Works Real Estate License #22001356

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2240962

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,850

Year Built

  • Built in 1990

Lot Details

  • 0.3 Acre Lot
  • 85 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Southeast Facing Home
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Slab Foundation
  • Poured Concrete
  • Metal Roof
  • Stone Siding
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 5,730 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 4 Fireplaces
  • Gas Fireplace
  • French Doors
  • Wine Cellar
  • Sauna
  • Finished Basement

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck
  • Patio

Schools

  • Lakeridge Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Radiant Heating System
  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mercer Island Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 3124059070

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,850

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1990
  • Buyer Agency Compensation: 2
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5730
  • SeniorExemption: false
  • SOCComments: 2%
  • Special Features: VirtualTour
  • Cumulative Days on Market: 320

Interior Features

  • Fireplaces: 4
  • Basement: Finished
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Bath Off Primary, Built-In Vacuum, Ceramic Tile, Double Pane/Storm Window, Fireplace, Fireplace (Primary Bedroom), French Doors, Hardwood, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Sauna, Security System, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Wall to Wall Carpet, Water Heater, Wet Bar, Wine Cellar, Wired for Generator
  • Living Area: 5730
  • Main Level Bathrooms: 1
  • Bathrooms: 4.25
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 5730
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Metal
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bulkhead, Lake, No Bank
  • Waterfront: Yes
  • Direction Faces: Southeast
  • Exterior Features: Metal/Vinyl, Stone, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: House
  • WaterfrontFootage: 85

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: SecuritySystem
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, High Efficiency (Unspecified), Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Mercer Island
  • WaterCompany: Mercer Island
  • WaterHeaterLocation: Lower level near bonus room
  • WaterHeaterType: Tank
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs
  • 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: 3124059070
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.2964
  • Lot Size Sq Ft: 12910
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Gas Available,High Speed Internet,Hot Tub/Spa,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 40850.44

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lakeridge Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $8,125,000 -1.5% $1,418 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $8,250,000 -2.9% $1,440 / Sq Ft
05/22/2024 05/22/24 For Sale $8,500,000 -- $1,483 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $41,376 $6,320,000 $2,904,000 $3,416,000
2023 $40,850 $5,935,000 $2,740,000 $3,195,000
2022 $35,597 $6,638,000 $3,083,000 $3,555,000
2021 $34,163 $4,835,000 $2,538,000 $2,297,000
2020 $39,066 $4,269,000 $2,418,000 $1,851,000
2018 $42,535 $5,081,000 $2,351,000 $2,730,000
2017 $35,915 $4,904,000 $2,261,000 $2,643,000
2016 $33,407 $4,414,000 $2,067,000 $2,347,000
2015 $32,189 $3,998,000 $1,871,000 $2,127,000
2014 -- $3,681,000 $1,730,000 $1,951,000
2013 -- $3,102,000 $1,651,000 $1,451,000
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,800,000 New Conventional
Previous Owner $3,713,500 New Conventional
Previous Owner $3,799,500 Adjustable Rate Mortgage/ARM
Previous Owner $2,940,000 New Conventional
Previous Owner $2,968,000 New Conventional
Previous Owner $1,500,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,625,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $8,125,000 Chicago Title
Warranty Deed $2,500,000 Transnation Ti
Trustee Deed $699,953 --
Warranty Deed $1,829,900 --
Warranty Deed $900,000 --
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2240962

Northwest Multiple Listing Service (NWMLS)

APN: 312405-9070