Listed by COMPASS, Bought with Coldwell Banker Bain
$1,606,500
SOLD JAN 31, 2014

8246 E Mercer Way Mercer Island, WA 98040

Island Point Neighborhood
5 Beds
5 Baths
5,200 Sq Ft
0.41 Acres

Recently Sold

$309 Per Sq Ft

5% Below List Price

About This Home

As of July 2019

Spectacular lake and Mt Rainier views from this sophisticated Cape Cod. Luxury resort living-walk to your boat moored at MI Beach Club & enjoy tennis courts, pools, fitness ctr & beach. Turn-key w/ designer finishes:slab granite, hardwoods, cherry cabinets. Southern exposure year round –sunny decks, open floorplan, vaulted ceilings, walls of windows. Watch boats sail while crafting in hobby room; host the neighborhood on the enormous lower level. Huge guest suite w/ its own wing & staircase.

Last Agent to Sell the Property

Kelly Weisfield

COMPASS License #109428 Listed on: 09/24/2013

COMPASS

Last Buyer's Agent

Katie Penny Shea

Coldwell Banker Bain License #89745

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM547940

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$21,699

Year Built

1967

Lot Details

0

Listing Details

  • Condition: Very Good
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1967

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 4
  • Basement: Fully Finished
  • Features: Wired for Generator, Bath Off Master, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 4
  • Floor: Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Drought Res Landscpe, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Natural Gas Available, High Speed Internet, Patio
  • View: Lake, Mountain, Territorial
  • Lot Topography: Garden Space, Level, Partial Slope, Terraces

Garage/Parking

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

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: Forced Air, High Efficiency (Unspecified), Central A/C
  • Power Company: PSE
  • Sewer: Connected
  • 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
Jul 2, 2019
Closed on
Jul 25, 2019
Sold by
Singal Arunkumar and Singal Shuchita
Bought by
Miller Carrie
Seller's Agent
Kim Morelli
Coldwell Banker Bain
Buyer's Agent
Linda Nguyen
COMPASS
List Price
$2,458,000
Sold Price
$2,458,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$1,258,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 21, 2017
Closed on
May 31, 2017
Sold by
Kochis Alexander G and Volkmann Maia S
Bought by
Singal Arunkumar and Singal Shuchita
Seller's Agent
Katie Penny Shea
Coldwell Banker Bain
Buyer's Agent
Mike Pavone
Windermere Real Estate/East
List Price
$2,268,000
Sold Price
$2,239,900
Premium/Discount to List
-$28,100
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$1,773,841
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 24, 2013
Closed on
Jan 29, 2014
Sold by
Carroll Kelly J and Carroll Jody R
Bought by
Kochis Alexander G and Volkmann Maia S
Seller's Agent
Kelly Weisfield
COMPASS
Buyer's Agent
Katie Penny Shea
Coldwell Banker Bain
List Price
$1,699,000
Sold Price
$1,606,500
Premium/Discount to List
-$92,500
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$1,285,200
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2000
Sold by
Oshea John T and Oshea Sandra B
Bought by
Carroll Kelly J and Carroll Jody R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
8.25%
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 Type Sale Price Title Company
Warranty Deed $2,458,000 First American Title
Warranty Deed $2,239,900 Chicago Title
Warranty Deed $1,606,500 Fidelity Natio
Warranty Deed $895,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Credit Line Revolving
Open $900,000 New Conventional
Closed $250,000 Credit Line Revolving
Closed $1,258,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,773,841 Adjustable Rate Mortgage/ARM
Previous Owner $1,045,000 No Value Available
Previous Owner $1,285,200 New Conventional
Previous Owner $567,500 New Conventional
Previous Owner $800,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,500,000 Unknown
Previous Owner $700,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $4,272,000 +73.8% $822 / Sq Ft
07/31/2019 07/31/19 Sold $2,458,000 0.0% $473 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $2,458,000 +9.7% $473 / Sq Ft
06/02/2017 06/02/17 Sold $2,239,900 -1.2% $431 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $2,268,000 +3.1% $436 / Sq Ft
05/06/2015 05/06/15 Sold $2,199,950 0.0% $553 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
12/05/2014 12/05/14 Price Changed $2,199,950 +4.8% $553 / Sq Ft
12/02/2014 12/02/14 For Sale $2,099,950 +30.7% $528 / Sq Ft
01/31/2014 01/31/14 Sold $1,606,500 -5.4% $309 / Sq Ft
11/29/2013 11/29/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $1,699,000 -- $327 / 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 $21,699 $3,313,000 $1,778,000 $1,535,000
2023 $21,835 $3,171,000 $1,678,000 $1,493,000
2022 $19,525 $3,547,000 $1,888,000 $1,659,000
2021 $19,182 $2,651,000 $1,554,000 $1,097,000
2020 $19,056 $2,396,000 $1,480,000 $916,000
2018 $18,482 $2,361,000 $1,270,000 $1,091,000
2017 $16,134 $2,130,000 $1,149,000 $981,000
2016 $15,006 $1,982,000 $1,051,000 $931,000
2015 $14,462 $1,795,000 $952,000 $843,000
2014 -- $1,653,000 $880,000 $773,000
2013 -- $1,415,000 $720,000 $695,000
Source: Public Records

Agents Affiliated with this Home

  • Linda Nguyen

    Seller's Agent in 2025

    Linda Nguyen

    COMPASS

    (206) 420-9809

    92 Total Sales

    Linda Nguyen
    Section Image

  • K

    Seller's Agent in 2019

    Kim Morelli

    Coldwell Banker Bain

    Section Image
  • Katie Penny Shea

    Seller's Agent in 2017

    Katie Penny Shea

    Coldwell Banker Bain

    (206) 755-5051

    4 in this area

    63 Total Sales

    Katie Penny Shea
    Section Image
  • Allison Trull

    Seller Co-Listing Agent in 2017

    Allison Trull

    Coldwell Banker Bain

    (425) 450-5217

    2 in this area

    99 Total Sales

    Allison Trull
    Section Image
  • Mike Pavone

    Buyer's Agent in 2017

    Mike Pavone

    Windermere Corporate

    (206) 669-8482

    196 Total Sales

    Mike Pavone
    Section Image
  • Scott Hoang

    Buyer Co-Listing Agent in 2017

    Scott Hoang

    COMPASS

    (206) 371-2700

    47 Total Sales

    Scott Hoang
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM547940

Northwest Multiple Listing Service (NWMLS)

APN: 032110-0060

Washington King County Mercer Island 98040 Island Point

8246 E Mercer Way, Mercer Island, WA

This home is located at 8246 E Mercer Way, Mercer Island, WA 98040 and is currently priced at $1,606,500, approximately $308 per square foot. This property was built in 1967. 8246 E 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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