Listed by John L. Scott, Inc., Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

8192 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,354,547 - $4,156,000

4 Beds
4 Baths
3,870 Sq Ft
$999/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $1,500,000 $388 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $22,317/month

90 Days on Market

About This Home

As of October 2013

Two for One! Ideal for a car aficionado or as a home with additional investment income. Two houses with Lake Washington views on a private 1.4 acre lot. The main house is 4 BRs with a great room, remodeled kitchen and master suite. A large deck and gazebo connects to the legal ADU which has wonderful spaces and finishes. 7 total covered parking spaces with a lift and work area for the serious car collector. A short walk to schools. Lots to see!

Last Agent to Sell the Property

Tim Conway

John L. Scott, Inc. License #5506 Listed on: 05/31/2013

John L. Scott, Inc.

Last Buyer's Agent

Frank Zhou

Skyline Properties, Inc. License #95486

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM495096

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$21,922

Year Built

1986

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 3870
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Features: 2nd Kitchen, Wet Bar, Wired for Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Fireplace in Master Bedroom, High Tech Cabling, Jetted Tub, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Slate, Vinyl, Wall to Wall Carpet
  • Water Heater Location: Garage-Gas

Exterior Features

  • Roof: Composition, Torch Down
  • Building Information: Additional Dwelling
  • Community Features: CCRs
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Open Space, Paved Street, Secluded
  • Roof: Composition, Torch Down
  • Site Features: Cabana/Gazebo, Cable TV, Deck, Dog Run, Natural Gas Available, High Speed Internet, Outbuildings, RV Parking, Shop
  • View: City, Lake, Mountain
  • Lot Topography: Brush, Garden Space, Sloped, Terraces, Wooded

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 7

Utilities

  • Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Heating: Forced Air, High Efficiency (Unspecified)
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Power Company: Puget Sound Energy
  • Sewer: Available, Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

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
May 31, 2013
Closed on
Oct 18, 2013
Sold by
Peetz Thomas M
Bought by
Xue Song Wen and Xia Li Ya
Seller's Agent
Tim Conway
John L. Scott, Inc.
Buyer's Agent
Frank Zhou
Skyline Properties, Inc.
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Current Estimated Value
$3,864,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,364,637
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Nov 21, 2006
Sold by
Peetz Jody A
Bought by
Peetz Thomas M

Purchase Details

Closed on
Jan 14, 1998
Sold by
Peetz Jody A and Peetz Thomas M
Bought by
Peetz Jody A and Peetz Thomas M
Source: Public Records

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
Xue Song Wen $1,500,000 Fidelity Natio
Peetz Thomas M -- None Available
Peetz Jody A -- Pacific Northwest Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2013 10/23/13 Sold $1,500,000 -6.0% $388 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $1,595,000 -- $412 / 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 $21,922 $3,347,000 $2,620,000 $727,000
2023 $22,062 $3,204,000 $2,472,000 $732,000
2022 $19,732 $3,584,000 $2,781,000 $803,000
2021 $19,390 $2,679,000 $2,289,000 $390,000
2020 $17,817 $2,422,000 $2,180,000 $242,000
2018 $17,485 $2,208,000 $1,960,000 $248,000
2017 $15,011 $2,015,000 $1,773,000 $242,000
2016 $13,971 $1,844,000 $1,621,000 $223,000
2015 $13,518 $1,671,000 $1,467,000 $204,000
2014 -- $1,545,000 $1,356,000 $189,000
2013 -- $1,469,000 $1,163,000 $306,000
Source: Public Records

Agents Affiliated with this Home

  • Tim Conway

    Seller's Agent in 2013

    Tim Conway

    John L Scott

    (206) 954-2437

    3 in this area

    44 Total Sales

    Tim Conway
    Section Image
  • Frank Zhou

    Buyer's Agent in 2013

    Frank Zhou

    Skyline Properties, Inc

    (206) 697-7688

    31 Total Sales

    Frank Zhou
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM495096

Northwest Multiple Listing Service (NWMLS)

APN: 414167-0010

Washington King County Mercer Island 98040 Island Point

8192 W Mercer Way, Mercer Island, WA

This home is located at 8192 W Mercer Way, Mercer Island, WA 98040 since 31 May 2013 and is currently estimated at $3,864,637, approximately $998 per square foot. This property was built in 1986. 8192 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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