NOT LISTED FOR SALE

8327 E Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,365,883 - $2,830,000

3 Beds
1 Bath
2,343 Sq Ft
$1,114/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $1,465,000 $625 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $14,925/month

30 Days on Market

Highlights

  • Spa
  • Lake View
  • Wood Flooring
  • Lakeridge Elementary School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of August 2016

Nantucket style home remodeled to perfection. Living room mixes chic soaring fireplace and hammered walnut floor. Stunning ivory/ebony kitchen: marble and granite tops, tumbled tile back splash and copper accents, stainless appliances, (2 ovens), wine cooler, prep island. Family room flows to patio, gorgeous private yard. Three bedrooms plus flex loft. Master Suite looks to the lake, pampers with lux bath, his ‘n her custom closets. Quality materials everywhere! Stupendous deck has water view.

Last Agent to Sell the Property

Ed Mencke

Windermere Real Estate/East License #1130 Listed on: 06/21/2016

Windermere Real Estate/East

Last Buyer's Agent

Steve Sit

Sound Asset Partners LLC License #11118

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM961934

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,683

Year Built

  • Built in 1977

Lot Details

  • Property is Fully Fenced
  • Terraced Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Lake Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Beach Club Community

Listing and Financial Details

  • Assessor Parcel Number 0321100180

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,683

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Loft, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2343
  • Square Footage Finished: 2343

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Lake

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: CITY OF MERCER ISLAND
  • Water Company: CITY OF MERCER ISLAND
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Beach Club

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 16237
  • Lot Topography Vegetation: Garden Space, Partial Slope, Terraces
  • Parcel Number: 0321100180
  • Lot Topography: Garden Space, Partial Slope, Terraces

Tax Info

  • Tax Amount: 9602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Aug 5, 2016
Sold by
Brown Danielle M
Bought by
Chen Qiang and Zhang Li
Seller's Agent
Ed Mencke
Windermere Real Estate/East
Buyer's Agent
Steve Sit
Sound Asset Partners LLC
List Price
$1,495,000
Sold Price
$1,465,000
Premium/Discount to List
-$30,000
-2.01%
Current Estimated Value
$2,610,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,145,221
Avg. Annual Appreciation
6.34%

Purchase Details

Listed on
Aug 2, 2013
Closed on
Sep 19, 2013
Sold by
Hager Heather N and Mincio Kevin R
Bought by
Brown Danielle M
Seller's Agent
Kelly Hopper
CENTURY 21 Real Estate Center
Buyer's Agent
Anna Riley
Windermere Real Estate/East
List Price
$988,000
Sold Price
$990,000
Premium/Discount to List
$2,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$320,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2007
Sold by
Peasley Andrew W and Peasley Sandra D
Bought by
Mincio Kevin R and Hagar Heather N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Harrington Holdings Llc
Bought by
Peasley Andrew W and Peasley Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,800
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1997
Sold by
Wong Hoy Leung and Lee Chan Ken
Bought by
Harrington Robert S and Harrington Dolores C
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
Chen Qiang $1,465,000 First American
Brown Danielle M $990,000 First American
Mincio Kevin R $889,000 Chicago Title
Peasley Andrew W $521,000 Transnation Ti
Harrington Robert S $368,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Danielle M $315,000
Previous Owner Brown Danielle M $320,000
Previous Owner Mincio Kevin R $715,000
Previous Owner Hager Heather N $45,007
Previous Owner Mincio Kevin R $711,200
Previous Owner Peasley Andrew W $660,000
Previous Owner Peasley Andrew W $75,000
Previous Owner Peasley Andrew W $416,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $1,465,000 0.0% $625 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/15/2016 07/15/16 Price Changed $1,465,000 -2.0% $625 / Sq Ft
06/21/2016 06/21/16 For Sale $1,495,000 +51.0% $638 / Sq Ft
09/23/2013 09/23/13 Sold $990,000 +0.2% $423 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $988,000 -- $422 / 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 $13,683 $2,088,000 $1,232,000 $856,000
2023 $13,723 $1,999,000 $1,163,000 $836,000
2022 $12,005 $2,236,000 $1,309,000 $927,000
2021 $11,799 $1,629,000 $1,078,000 $551,000
2020 $12,583 $1,473,000 $1,027,000 $446,000
2018 $12,213 $1,559,000 $917,000 $642,000
2017 $10,318 $1,407,000 $830,000 $577,000
2016 $9,602 $1,267,000 $759,000 $508,000
2015 $9,252 $1,148,000 $687,000 $461,000
2014 -- $1,057,000 $635,000 $422,000
2013 -- $843,000 $577,000 $266,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Ed Mencke

    Windermere Corporate

    Section Image
  • Steve Sit

    Buyer's Agent in 2016

    Steve Sit

    Sound Asset Partners LLC

    (425) 736-6856

    7 Total Sales

    Steve Sit
    Section Image
  • Kelly Hopper

    Seller's Agent in 2013

    Kelly Hopper

    CENTURY 21 Real Estate Center

    (206) 409-8177

    44 Total Sales

    Kelly Hopper
    Section Image
  • Duane Hopper

    Seller Co-Listing Agent in 2013

    Duane Hopper

    CENTURY 21 Real Estate Center

    (206) 909-4272

    45 Total Sales

    Duane Hopper
    Section Image
  • Anna Riley

    Buyer's Agent in 2013

    Anna Riley

    Windermere Corporate

    (425) 761-8836

    188 Total Sales

    Anna Riley
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM961934

Northwest Multiple Listing Service (NWMLS)

APN: 032110-0180

Washington King County Mercer Island 98040 Island Point

8327 E Mercer Way, Mercer Island, WA

This home is located at 8327 E Mercer Way, Mercer Island, WA 98040 since 21 June 2016 and is currently estimated at $2,610,221, approximately $1,114 per square foot. This property was built in 1977. 8327 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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