Seller's Agent in 2015
Tere Foster
COMPASS
(425) 637-8373
2 in this area
400 Total Sales
8142 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $3,030,000 - $4,358,000
4
Beds
1
Bath
5,230
Sq Ft
$706/Sq Ft
Est. Value
Highlights
- Lake View
- Fruit Trees
- Wood Flooring
- Lakeridge Elementary School Rated A
- Deck
- 3 Fireplaces
About This Home
As of June 2015West Facing Views at Lakeridge Heights. Perched high above West Mercer, this wonderful home offers over 5,000 square feet of gracious spaces. Walls of windows in the living and dining room carry through to the kitchen and family room framing lake views. Upstairs, find a spacious master suite with private balcony and three bedrooms, including a guest suite. The lower level offers a media room, exercise room and play room. Endless storage on every level. Clean lines & a great south end location.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM749949
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,097
Year Built
- Built in 1996
Lot Details
- Cul-De-Sac
- Street terminates at a dead end
- Dog Run
- Partially Fenced Property
- Terraced Lot
- Sprinkler System
- Fruit Trees
- Garden
Parking
- Attached Garage
Property Views
- Lake
- Territorial
Home Design
- Poured Concrete
- Tile Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 3 Fireplaces
- Finished Basement
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Outdoor Features
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- West Mercer Community
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 4141670240
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2015
Closed on
Jun 5, 2015
Sold by
Tiwary Ashutosh and Tiwary Sadhana
Bought by
Koshy Samuel and Lazarous Patsy
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Frank Ceteznik
John L. Scott, Inc.
List Price
$1,550,000
Sold Price
$1,430,000
Premium/Discount to List
-$120,000
-7.74%
Total Days on Market
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,262,068
Avg. Annual Appreciation
10.71%
Original Mortgage
$1,144,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 11, 2004
Sold by
Williams Michael A and Williams Laura Demme
Bought by
Tiwary Ashutosh and Tiwary Sadhana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 16, 2001
Sold by
Scherer Scott and Scherer Linda I
Bought by
Williams Michael A and Williams Laura Demme
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$959,250
Interest Rate
7.81%
Purchase Details
Closed on
Mar 25, 1997
Sold by
Aspen Development Corp
Bought by
Scherer Scott and Scherer Linda L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.63%
Purchase Details
Closed on
Jul 27, 1994
Sold by
Yang Tzu Chen
Bought by
Aspen Development Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.65%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koshy Samuel | $1,430,000 | Chicago Title | |
| Tiwary Ashutosh | $1,150,000 | Chicago Title | |
| Williams Michael A | $1,279,000 | Transnation Title Insurance | |
| Scherer Scott | $925,000 | -- | |
| Aspen Development Corp | $145,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Koshy Samuel | $1,040,000 | |
| Closed | Koshy Samuel | $1,144,000 | |
| Previous Owner | Tiwary Ashutosh | $1,000,000 | |
| Previous Owner | Tiwary Ashutosh | $600,000 | |
| Previous Owner | Williams Michael A | $959,250 | |
| Previous Owner | Scherer Scott | $600,000 | |
| Previous Owner | Aspen Development Corp | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2015 06/10/15 | Sold | $1,430,000 | -3.7% | $273 / Sq Ft |
| 04/23/2015 04/23/15 | Pending | -- | -- | -- |
| 03/22/2015 03/22/15 | Price Changed | $1,485,000 | -4.2% | $284 / Sq Ft |
| 03/03/2015 03/03/15 | For Sale | $1,550,000 | -- | $296 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $21,097 | $3,221,000 | $1,340,000 | $1,881,000 |
| 2023 | $20,830 | $3,025,000 | $1,265,000 | $1,760,000 |
| 2022 | $18,628 | $3,383,000 | $1,423,000 | $1,960,000 |
| 2021 | $17,878 | $2,529,000 | $1,172,000 | $1,357,000 |
| 2020 | $16,641 | $2,233,000 | $1,117,000 | $1,116,000 |
| 2018 | $16,149 | $2,062,000 | $956,000 | $1,106,000 |
| 2017 | $14,100 | $1,861,000 | $865,000 | $996,000 |
| 2016 | $13,118 | $1,732,000 | $791,000 | $941,000 |
| 2015 | $12,644 | $1,569,000 | $716,000 | $853,000 |
| 2014 | -- | $1,445,000 | $662,000 | $783,000 |
| 2013 | -- | $1,215,000 | $614,000 | $601,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tere Foster
-
Samantha Victor
S
Seller Co-Listing Agent in 2015
Samantha Victor
Avenue Properties
(425) 999-1747
13 Total Sales
-
Frank Ceteznik
F
Buyer's Agent in 2015
Frank Ceteznik
John L Scott
(206) 979-8400
1 in this area
15 Total Sales
Map
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM749949
APN: 414167-0240
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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.
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