Listed by COMPASS, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

8097 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $5,489,000 - $6,495,000

5 Beds
3.5 Baths
3,560 Sq Ft
$1,664/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $4,500,000 $1,264 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $34,455/month

13 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • Lakeridge Elementary School Rated A
  • Spa
  • Cape Cod Architecture

About This Home

As of December 2020

Live like you’re on vacation every day! Sun-drenched, 100’ of westside, low-bank waterfront w/ two docks. Welcome to this special beach house on Mercer Island– 2014 studs-down remodel w/ great floorplan: 4 upstairs bedrooms & lower level guest suite/5th BDR. Spectacular Mt. Rainier views & year-round sunsets w/ walk-out waterfront lake access. Charming cabana – great exercise room, office or fun bar/outdoor space alongside huge entertaining deck. Private & serene – your own retreat awaits!

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 10/30/2020

COMPASS

Last Buyer's Agent

Joy Roush

Windermere Real Estate/East License #124553

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1683932

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,768

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Low Bank Waterfront Property
  • Lake Front
  • Street terminates at a dead end
  • Level Lot
  • Wooded Lot
  • Garden
  • Zoning described as R-15

Parking

  • 3 Car Attached Garage
  • Attached Carport

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,560 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Docks
  • Patio
  • Gazebo
  • Outbuilding

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Westside Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,768

Year Built

Built in 1946 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1946
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cape Cod
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3560
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1683932?w=Consumer&agent=91214
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher_, Dryer, GarbageDisposal_, RangeOven_, Refrigerator_, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood
  • Interior Amenities: Forced Air, Concrete, Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), FirePlace
  • Living Area: 3560
  • BathsFullMain: 0
  • SquareFootageFinished: 3560
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BedroomsLower: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), See Remarks, Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 3358500265
  • Topography: Level,PartialSlope,Sloped
  • Lot Size Acres: 0.5332
  • Lot Size Sq Ft: 23225
  • Zoning Description: R-15
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Dock,High Speed Internet,Hot Tub/Spa,Moorage,Outbuildings,Patio,Shop
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 23768

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 10, 2020
Sold by
Dowhaniuk Brad
Bought by
Buxton Malcolm E and Buxton Debra
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Joy Roush
Windermere Real Estate/East
List Price
$4,600,000
Sold Price
$4,500,000
Premium/Discount to List
-$100,000
-2.17%
Current Estimated Value
$5,923,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,423,263
Avg. Annual Appreciation
5.72%

Purchase Details

Listed on
Oct 29, 2019
Closed on
Dec 10, 2019
Sold by
Dowhaniuk Yolanda
Bought by
Dowhaniuk Brad
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Seth Pike
Pike Real Estate
List Price
$4,250,000
Sold Price
$4,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$2,499,950
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Fagerholm Donald R
Bought by
Gove Brayton L and Gove Morgan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2001
Sold by
Fagerholm Donald R and Fagerholm Margaret J
Bought by
Fagerholm Donald R and Fagerholm Margaret J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Buxton Malcolm E $4,500,000 Fidelity National Title
Dowhaniuk Brad -- Fidelity National Title
Dowhaniuk Brad $4,250,000 Fidelity National Title
Gove Brayton L $1,490,000 Chicago Title
Fagerholm Donald R -- --
Fagerholm Margaret J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowhaniuk Brad $2,499,950
Previous Owner Gove Brayton L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $4,500,000 -2.2% $1,264 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $4,600,000 +8.2% $1,292 / Sq Ft
12/16/2019 12/16/19 Sold $4,250,000 0.0% $1,194 / Sq Ft View Prior Sale
11/06/2019 11/06/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $4,250,000 -- $1,194 / 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 $39,204 $5,988,000 $3,751,000 $2,237,000
2023 $35,326 $5,132,000 $3,539,000 $1,593,000
2022 $30,784 $5,740,000 $3,982,000 $1,758,000
2021 $29,548 $4,181,000 $3,278,000 $903,000
2020 $23,768 $3,692,000 $3,122,000 $570,000
2018 $24,673 $2,946,000 $2,314,000 $632,000
2017 $20,835 $2,844,000 $2,225,000 $619,000
2016 $16,167 $2,560,000 $2,034,000 $526,000
2015 $15,581 $1,934,000 $1,841,000 $93,000
2014 -- $1,781,000 $1,702,000 $79,000
2013 -- $1,817,000 $1,769,000 $48,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Weisfield

    Seller's Agent in 2020

    Kelly Weisfield

    COMPASS

    (206) 355-3863

    17 in this area

    109 Total Sales

    Kelly Weisfield
    Section Image
  • Joy Roush

    Buyer's Agent in 2020

    Joy Roush

    Windermere Corporate

    (425) 681-1382

    1 in this area

    49 Total Sales

    Joy Roush
    Section Image
  • Seth Pike

    Buyer's Agent in 2019

    Seth Pike

    Pike Real Estate

    (360) 941-7384

    45 Total Sales

    Seth Pike
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1683932

Northwest Multiple Listing Service (NWMLS)

APN: 335850-0265

Washington King County Mercer Island 98040 Island Point

8097 W Mercer Way, Mercer Island, WA

Not Listed for Sale

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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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