Seller's Agent in 2021
Karl Lindor
Windermere Corporate
(206) 890-8227
2 in this area
178 Total Sales
8241 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $4,419,000 - $5,328,000
5
Beds
5
Baths
5,480
Sq Ft
$887/Sq Ft
Est. Value
Highlights
- Lake View
- Craftsman Architecture
- Wood Flooring
- Lakeridge Elementary School Rated A
- Deck
- 4 Fireplaces
About This Home
As of August 2021An enchanting South End Island retreat perched above the shores of Lake Washington with sparkling water views and sun-filled rooms. Built in 2004 by local luxury builder Aspen Homes to radiate effortless ambiance with lofty ceilings, honey hardwoods and walls of westerly windows. Dine al-fresco on the covered deck, sip cocktails on the private patio and savor spectacular sunset colors reflected on the lake. Unwind by the glow of the fireplace from the sumptuous owner’s suite and wake up to Mt. Rainier proudly in the distance. Flexible floorplan boasts upper and lower-level suites, bonus/recreation rooms, a dedicated office and 3-car garage. Located just steps from the Fleury Trail, shopping, MI Beach Club and top Mercer Island schools.
Last Agent to Sell the Property
Windermere Real Estate/East License #105475 Listed on: 06/10/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1780810
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,533
Year Built
- Built in 2004
Lot Details
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Garden
- Property is zoned R-15
Parking
- Attached Garage
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Craftsman Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 4 Fireplaces
- Finished Basement
- Natural lighting in basement
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- South End Community
Listing and Financial Details
- Assessor Parcel Number 3358500475
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2025
Sold by
Srinivasan Family Revocable Trust and Chandrasekar Srinivasan
Bought by
8241 W Mercer Way Llc
Current Estimated Value
Purchase Details
Listed on
Jun 10, 2021
Closed on
Aug 13, 2021
Sold by
Bengston Robert A and Bengston Janice S
Bought by
Chandrasekar Srinivasan and Srinivasan Charu
Seller's Agent
Karl Lindor
Windermere Real Estate/East
Buyer's Agent
Carmen Barr
RE/MAX Alliance
List Price
$3,980,000
Sold Price
$3,850,000
Premium/Discount to List
-$130,000
-3.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Purchase Details
Closed on
Nov 1, 2020
Sold by
Bengston Robert A and Bengston Janice
Bought by
Bengston Robert A and Bengston Janice S
Purchase Details
Closed on
Jul 9, 2009
Sold by
Oberdorf Thomas and Oberdorf Suzanne
Bought by
Bengston Robert A and Bengston Janice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 2005
Sold by
Movahhed Hassan and Movahhed Barbara J
Bought by
Movahhed Hassan and Movahhed Barbara J
Purchase Details
Closed on
Feb 2, 2005
Sold by
Aspen Homes Inc
Bought by
Movahhed Hassan and Movahhed Barbara J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 1999
Sold by
United Trading Company
Bought by
Aspen Homes Inc
Purchase Details
Closed on
Nov 3, 1997
Sold by
Taylor Richard
Bought by
United Trading Company
Purchase Details
Closed on
Aug 27, 1993
Sold by
Mauseth Michael
Bought by
United Trading Company
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 |
|---|---|---|---|
| 8241 W Mercer Way Llc | $313 | None Listed On Document | |
| Srinivasan Family Revocable Trust | $313 | None Listed On Document | |
| Chandrasekar Srinivasan | $3,850,000 | Fidelity Natl Ttl Co Of Wa I | |
| Bengston Robert A | -- | None Available | |
| Bengston Robert A | $2,150,000 | Chicago Title | |
| Movahhed Hassan | -- | -- | |
| Movahhed Hassan | $2,300,000 | Transnation Ti | |
| Aspen Homes Inc | $1,425,000 | Chicago Title | |
| United Trading Company | -- | Commonwealth Land Title Ins | |
| United Trading Company | $900,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bengston Robert A | $417,000 | |
| Previous Owner | Movahhed Hassan | $1,000,000 | |
| Closed | Movahhed Hassan | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2021 08/16/21 | Sold | $3,850,000 | -3.3% | $703 / Sq Ft |
| 08/05/2021 08/05/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | For Sale | $3,980,000 | -- | $726 / 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 | $24,533 | $3,746,000 | $1,550,000 | $2,196,000 |
| 2023 | $24,683 | $3,585,000 | $1,463,000 | $2,122,000 |
| 2022 | $22,072 | $4,010,000 | $1,646,000 | $2,364,000 |
| 2021 | $21,454 | $2,997,000 | $1,355,000 | $1,642,000 |
| 2020 | $19,814 | $2,680,000 | $1,291,000 | $1,389,000 |
| 2018 | $19,219 | $2,455,000 | $982,000 | $1,473,000 |
| 2017 | $16,776 | $2,215,000 | $888,000 | $1,327,000 |
| 2016 | $15,608 | $2,061,000 | $812,000 | $1,249,000 |
| 2015 | $15,039 | $1,867,000 | $735,000 | $1,132,000 |
| 2014 | -- | $1,719,000 | $680,000 | $1,039,000 |
| 2013 | -- | $1,977,000 | $801,000 | $1,176,000 |
Source: Public Records
Agents Affiliated with this Home
-
Karl Lindor
-
Carmen Barr
Buyer's Agent in 2021
Carmen Barr
RE/MAX
(425) 246-3423
1 in this area
56 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1780810
APN: 335850-0475
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Based on information submitted to the MLS GRID
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