NOT LISTED FOR SALE

8039 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $6,513,000 - $11,690,501

8 Beds
2 Baths
9,257 Sq Ft
$1,000/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $10,300,000 $1,113 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $54,603/month

Highlights

  • Docks
  • Spa
  • Deck
  • Lakeridge Elementary School Rated A
  • Lake View
  • Contemporary Architecture

About This Home

As of September 2021

Enjoy your private lake paradise, feeling the sun on your skin cooled by the soft lake breeze as you breathe in deep the subtle smells of jasmine...relax. You are home. Everything you need is right here- vast rooms to design as you wish, all with beautiful lake views; fabulous space & light surrounds your resident chef in the newly designed kitchen. Ease into the day enjoying lake views from your bay window. Enjoy a workout in your own in-home fitness studio followed by a relaxing sauna or hot tub soak, or relax by your indoor firepit. Au pair quarters, 148’ +/- of no bank bulkhead waterfront, 70' dock w/2 x 35' finger piers with both Boat and jet ski lifts. Far enough from the bustle yet close enough for city access when the mood strikes.

Last Agent to Sell the Property

Pamela Bellah

Bellah Real Estate Inc. License #24372 Listed on: 07/09/2021

Bellah Real Estate Inc.

Co-Listed By

Jennifer Michaels

Windermere Real Estate/East License #105904

Last Buyer's Agent

Don Goethals

RE/MAX Extra Inc. License #5573

RE/MAX Extra Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1798323

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,511

Year Built

  • Built in 1989

Lot Details

  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Shake Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet

Community Details

  • West Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 3358500110

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,511

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Upper
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wet Bar, Wine Cellar, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Jetted Tub, Sauna, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Q
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 8.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 4
  • Bathrooms: 8.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 6
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 9257
  • Square Footage Finished: 9257

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake, Flat, Torch Down
  • View: City, Lake, Mountain, Territorial
  • Waterfront: Bulkhead, Lake, No Bank
  • Waterfront Frontage: 148' +/- Buyer to verify

Garage/Parking

  • Parking Type: Garage-Attached, K
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • 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: West Mercer

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 18910
  • Lot Topography Vegetation: Garden Space, Level, Sloped
  • Parcel Number: 3358500110
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Sloped

Tax Info

  • Tax Amount: 46641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 22, 2021
Sold by
Keem Wonnie S and Keem Sean Kyong
Bought by
Sundaresan Rajkumar and Raj Sheena
Seller's Agent
Pamela Bellah
Bellah Real Estate Inc.
Buyer's Agent
Don Goethals
RE/MAX Extra Inc.
List Price
$11,398,800
Sold Price
$10,300,000
Premium/Discount to List
-$1,098,800
-9.64%
Current Estimated Value
$9,253,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,046,500
Avg. Annual Appreciation
-2.65%
Original Mortgage
$5,665,000
Outstanding Balance
$4,973,122
Interest Rate
1.38%
Mortgage Type
New Conventional
Estimated Equity
$4,280,378

Purchase Details

Listed on
Apr 25, 2013
Closed on
Oct 7, 2013
Sold by
Lou George Y and Lou Betsy P
Bought by
Keem Wonnie S
Seller's Agent
Kimberly Johnston
John L. Scott, Inc.
Buyer's Agent
Kim Witzig
Windermere R.E. Northeast, Inc
List Price
$4,250,000
Sold Price
$3,788,889
Premium/Discount to List
-$461,111
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%
Original Mortgage
$2,273,332
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 25, 2013
Closed on
Oct 3, 2013
Sold by
Keem Sean K
Bought by
Keem Wonnie S
Seller's Agent
Kimberly Johnston
John L. Scott, Inc.
Buyer's Agent
Kim Witzig
Windermere R.E. Northeast, Inc
List Price
$4,250,000
Sold Price
$3,788,889
Premium/Discount to List
-$461,111
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,273,332
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 23, 1992
Sold by
Nobmann Paul H and Nobmann Marianne
Bought by
Lou George Y and Lou Betsy P
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
Sundaresan Rajkumar $10,300,000 Chicago Title Company Of Wa
Keem Wonnie S $3,788,888 Chicago Title
Keem Wonnie S -- Chicago Title
Lou George Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundaresan Rajkumar $5,665,000
Previous Owner Keem Wonnie S $2,273,332
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $10,300,000 -9.6% $1,113 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $11,398,800 +200.8% $1,231 / Sq Ft
10/11/2013 10/11/13 Sold $3,788,889 -10.8% $456 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $4,250,000 -- $512 / 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 $66,511 $10,161,000 $4,513,000 $5,648,000
2023 $65,666 $9,542,000 $4,258,000 $5,284,000
2022 $57,216 $10,671,000 $4,790,000 $5,881,000
2021 $46,641 $7,773,000 $3,943,000 $3,830,000
2020 $42,050 $5,829,000 $3,756,000 $2,073,000
2018 $43,636 $5,212,000 $3,331,000 $1,881,000
2017 $38,086 $5,031,000 $3,203,000 $1,828,000
2016 $35,421 $4,681,000 $2,928,000 $1,753,000
2015 $34,121 $4,239,000 $2,650,000 $1,589,000
2014 -- $3,902,000 $2,450,000 $1,452,000
2013 -- $3,443,000 $2,281,000 $1,162,000
Source: Public Records

Agents Affiliated with this Home

  • Pamela Bellah

    Seller's Agent in 2021

    Pamela Bellah

    Bellah Real Estate Inc.

    (206) 619-2175

    1 in this area

    23 Total Sales

    Pamela Bellah
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jennifer Michaels

    Windermere Corporate

    Section Image
  • Don Goethals

    Buyer's Agent in 2021

    Don Goethals

    RE/MAX

    (253) 307-0784

    1 in this area

    389 Total Sales

    Don Goethals
    Section Image
  • Kimberly Johnston

    Seller's Agent in 2013

    Kimberly Johnston

    John L Scott

    (425) 766-2000

    1 in this area

    119 Total Sales

    Kimberly Johnston
    Section Image
  • Kim Witzig

    Buyer's Agent in 2013

    Kim Witzig

    Windermere Corporate

    (425) 591-5858

    88 Total Sales

    Kim Witzig
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1798323

Northwest Multiple Listing Service (NWMLS)

APN: 335850-0110

Washington King County Mercer Island 98040 Island Point

8039 W Mercer Way, Mercer Island, WA

This home is located at 8039 W Mercer Way, Mercer Island, WA 98040 since 09 July 2021 and is currently estimated at $9,253,500, approximately $999 per square foot. This property was built in 1989. 8039 W Mercer Way is a home located in King County with nearby schools including Lakeridge 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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