NOT LISTED FOR SALE

8146 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,504,665 - $3,248,000

4 Beds
4 Baths
3,546 Sq Ft
$855/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $1,390,000 $392 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $18,277/month

2 Days on Market

About This Home

As of April 2014

Stunning western views & captivating Cape Code feel set this dramatically updated hm apart. The level of detail in every rm rivals that of the Island’s top bldrs, from extensive use of crown molding/wainscoting, distressed oak flooring & coffered ceilings in formal spaces to custom center isl, cabinets, built-in seating, stone-faced fpl & French drs in more casual spaces opening to an entertainment size view deck. Spa-experience mstr suite incls study, sitting area & Juliet balcony w/view.

Last Listed By

Peni Schwartz

Windermere RE Mercer Island Listed on: 03/03/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM596420

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$16,634

Year Built

1989

Lot Details

0

Listing Details

  • Condition: Remodeled
  • Sq Ft Finished: 3546
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Garage-Gas

Exterior Features

  • Roof: Cedar Shake
  • Homebuilder: Roth Dev & Const Co
  • Community Features: CCRs
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Cedar Shake
  • Site Features: Cable TV, Deck, Natural Gas Available, High Speed Internet, Sprinkler System
  • View: Lake
  • Lot Topography: Garden Space, Sloped

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air, Radiant
  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air, Radiant
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 21
  • HOA Fee Frequency: Annual

Schools

  • School District: MIS
  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
Mar 27, 2014
Sold by
Caddell Tara L and Caddell Schack Tara
Bought by
Burnside Frederick B and Burnside Monica A
Seller's Agent
Peni Schwartz
Windermere RE Mercer Island
Buyer's Agent
Rosalie Quinn
John L. Scott, Inc.
List Price
$1,390,000
Sold Price
$1,390,000
Total Days on Market
2
Current Estimated Value
$3,032,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,642,166
Avg. Annual Appreciation
7.61%
Original Mortgage
$350,000
Outstanding Balance
$271,889
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,861,652

Purchase Details

Closed on
May 19, 2008
Sold by
Schack Lawrence
Bought by
Caddell Schack Tara

Purchase Details

Closed on
Sep 12, 2005
Sold by
Higgins Richard G and Higgins Jean L
Bought by
Schack Lawrence L and Schack Tara L Caddell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 2000
Sold by
Higgins Richard G and Higgins Jean L
Bought by
Higgins Richard G and Higgins Jean L

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
Burnside Frederick B $1,390,000 Chicago Title
Caddell Schack Tara -- None Available
Schack Lawrence L $933,500 Transnation Ti
Higgins Richard G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnside Frederick B $350,000
Open Burnside Frederick B $600,000
Previous Owner Schack Lawrence L $350,000
Previous Owner Schack Lawrence L $299,500
Previous Owner Schack Lawrence L $141,000
Previous Owner Schack Lawrence L $745,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2014 04/04/14 Sold $1,390,000 0.0% $392 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $1,390,000 -- $392 / 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 $16,634 $2,539,000 $1,308,000 $1,231,000
2023 $16,427 $2,385,000 $1,234,000 $1,151,000
2022 $14,323 $2,668,000 $1,389,000 $1,279,000
2021 $13,751 $1,944,000 $1,144,000 $800,000
2020 $16,293 $1,717,000 $1,090,000 $627,000
2018 $15,811 $2,019,000 $1,128,000 $891,000
2017 $11,717 $1,822,000 $1,020,000 $802,000
2016 $10,905 $1,439,000 $933,000 $506,000
2015 $10,511 $1,304,000 $845,000 $459,000
2014 -- $1,201,000 $781,000 $420,000
2013 -- $1,023,000 $670,000 $353,000
Source: Public Records

Agents Affiliated with this Home

  • Peni Schwartz

    Seller's Agent in 2014

    Peni Schwartz

    Windermere RE Mercer Island

    Section Image

  • R

    Buyer's Agent in 2014

    Rosalie Quinn

    John L. Scott, Inc.

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM596420

Northwest Multiple Listing Service (NWMLS)

APN: 414167-0110

Washington King County Mercer Island 98040 Island Point

8146 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8146 W Mercer Way, Mercer Island, WA 98040 since 03 March 2014 and is currently estimated at $3,032,166, approximately $855 per square foot. This property was built in 1989. 8146 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.