NOT LISTED FOR SALE

8178 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,735,610 - $4,403,000

4 Beds
1 Bath
4,297 Sq Ft
$964/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $2,050,000 $477 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $24,776/month

20 Days on Market

Highlights

  • Spa
  • Lake View
  • Northwest Architecture
  • Lakeridge Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2016

Prime Southwestern exposure w/captivating views of Lake WA & the Olympics. Ideal floor plan offers both formal living areas & comfortable casual spaces. Enjoy breathtaking sunsets on the expansive entertaining deck overlooking a level play yard. Quality details throughout include vaulted ceilings w/ abundant skylights, custom built-ins, open gourmet kitchen, A/C & 3car garage. Connected by walking trails to schools & parks in Lakeridge Heights, come home to this light & bright lake view retreat!

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 07/26/2016

COMPASS

Last Buyer's Agent

Edward Chang

Whisper Real Estate License #96006

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1003570

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,720

Year Built

  • Built in 1989

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Spa
  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South End Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 4141670030

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,720

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.25
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4297
  • Square Footage Finished: 4297

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Mountain, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Mud room closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South End
  • Community Features: Ccrs

Schools

  • Elementary School: Lakeridge Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 29253
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 4141670030
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 13962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Sep 9, 2016
Sold by
Perrig Zulema N and Signorelli Eduardo
Bought by
Sun Kun and Chen Juhong
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Edward Chang
Whisper Real Estate
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%
Current Estimated Value
$4,143,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,093,403
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Jul 8, 2010
Sold by
Chamberlin Barbara Ross and Shifrin Donald L
Bought by
Perrig Zulema N and Signorelli Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2008
Sold by
Chamberlin Barbara Ross
Bought by
Chamberlin Barbara Ross and Shifrin Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1999
Sold by
Chamberlin Kendrick F
Bought by
Chamberlin Barbara Ross
Source: Public Records

Range of Values:

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Average Value
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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
Sun Kun $2,050,000 Fidelity Natio
Perrig Zulema N $1,270,000 Chicago Title
Chamberlin Barbara Ross -- Commonwealth Land Title
Chamberlin Barbara Ross -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perrig Zulema N $820,000
Previous Owner Perrig Zulema N $567,500
Previous Owner Chamberlin Barbara Ross $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $2,050,000 -6.8% $477 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $2,200,000 -- $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 $22,720 $3,469,000 $1,886,000 $1,583,000
2023 $22,434 $3,258,000 $1,780,000 $1,478,000
2022 $20,063 $3,644,000 $2,003,000 $1,641,000
2021 $19,254 $2,724,000 $1,649,000 $1,075,000
2020 $17,722 $2,405,000 $1,571,000 $834,000
2018 $17,198 $2,196,000 $1,487,000 $709,000
2017 $15,011 $1,982,000 $1,345,000 $637,000
2016 $13,962 $1,844,000 $1,230,000 $614,000
2015 $13,457 $1,670,000 $1,114,000 $556,000
2014 -- $1,538,000 $1,030,000 $508,000
2013 -- $1,391,000 $833,000 $558,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Weisfield

    Seller's Agent in 2016

    Kelly Weisfield

    COMPASS

    (206) 355-3863

    8 in this area

    116 Total Sales

    Section Image
  • Edward Chang

    Buyer's Agent in 2016

    Edward Chang

    Whisper Real Estate

    (425) 652-1988

    60 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1003570

Northwest Multiple Listing Service (NWMLS)

APN: 414167-0030

Washington King County Mercer Island 98040 Island Point

8178 W Mercer Way, Mercer Island, WA

This home is located at 8178 W Mercer Way, Mercer Island, WA 98040 since 26 July 2016 and is currently estimated at $4,143,403, approximately $964 per square foot. This property was built in 1989. 8178 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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