NOT LISTED FOR SALE

8112 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $1,907,000 - $2,856,000

3 Beds
3 Baths
2,770 Sq Ft
$875/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $885,000 $319 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $14,615/month

14 Days on Market

About This Home

As of October 2013

Classic Northwest Contemporary home nestled in a private treed lot is your own MI retreat. This light-filled home overlooks Lake WA & Mt Rainier from one of many decks. Recent remodel incls a chef's kitchen w/ wine cooler, granite counters, butcher block & Viking range. Living rm invites you w/ 30 ft windows & 1 of 3 woodburning fireplaces. Master suite & 2 bedrms plus a loft-style off/guest area upstairs w/more stunning views. Lge 3 car garage! Don't miss this one-of-a-kind south-end view home!

Last Listed By

Chad Dierickx

Windermere West Metro License #104508 Listed on: 07/30/2013

Windermere West Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM524141

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$14,036

Year Built

1978

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 2770
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1978

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 3
  • Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, Security System, Walk In Pantry
  • Fireplaces: 3
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Basement-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Site Features: Cable TV, Deck
  • View: Lake, Mountain

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Sewer: Connected
  • Water Source: Public

Schools

  • School District: MIS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Oct 14, 2013
Sold by
Longhotham John Robert and Longbotham Kyungae Song
Bought by
Liu Chengwei and Zhao Wei
Seller's Agent
Chad Dierickx
Windermere West Metro
Buyer's Agent
Lisa Dong
Windermere Mercer Island
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%
Total Days on Market
14
Current Estimated Value
$2,425,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,540,111
Avg. Annual Appreciation
9.14%
Original Mortgage
$619,500
Outstanding Balance
$445,730
Interest Rate
3.06%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,979,381

Purchase Details

Closed on
Sep 23, 2002
Sold by
Edwards Beatrix M
Bought by
Longbotham John Robert and Longbotham Kyungae Song

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.16%

Purchase Details

Closed on
Apr 23, 1991
Sold by
Edwards Bruce
Bought by
Edwards Beatrix M

Range of Values:

Collateral Analytics

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ICE

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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
Liu Chengwei $885,000 First American
Longbotham John Robert $650,000 Fidelity National Title
Edwards Beatrix M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Chengwei $619,500
Previous Owner Longbotham John Robert $217,132
Previous Owner Longbotham John Robert $575,000
Previous Owner Longbothman John Robert $300,000
Previous Owner Longbotham John Robert $300,000
Previous Owner Longbotham John Robert $250,000
Closed Longbotham John Robert $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $885,000 -1.6% $319 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $899,000 -- $325 / 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 $14,036 $2,142,000 $1,370,000 $772,000
2023 $13,861 $2,012,000 $1,293,000 $719,000
2022 $12,402 $2,251,000 $1,455,000 $796,000
2021 $11,903 $1,683,000 $1,198,000 $485,000
2020 $11,447 $1,486,000 $1,141,000 $345,000
2018 $11,111 $1,418,000 $840,000 $578,000
2017 $9,383 $1,280,000 $760,000 $520,000
2016 $8,599 $1,152,000 $695,000 $457,000
2015 $8,291 $1,028,000 $629,000 $399,000
2014 -- $947,000 $582,000 $365,000
2013 -- $772,000 $495,000 $277,000
Source: Public Records

Agents Affiliated with this Home

  • Chad Dierickx

    Seller's Agent in 2013

    Chad Dierickx

    Windermere Corporate

    (206) 854-3931

    1 in this area

    106 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2013

    Ariana Davies

    Redfin Corp.

  • Lisa Dong

    Buyer's Agent in 2013

    Lisa Dong

    Windermere Corporate

    (206) 458-3942

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM524141

Northwest Multiple Listing Service (NWMLS)

APN: 335850-0967

Washington King County Mercer Island 98040 Island Point

8112 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8112 W Mercer Way, Mercer Island, WA 98040 since 30 July 2013 and is currently estimated at $2,425,111, approximately $875 per square foot. This property was built in 1978. 8112 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) 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. ©2025 NWMLS.