Seller's Agent in 2023
Mingfang Lu
Windermere Corporate
(206) 557-0772
2 in this area
22 Total Sales
Listed by Windermere Real Estate/East, Bought with Engel & Voelkers Mercer Island
8379 E Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $4,562,000 - $6,280,000
6
Beds
5.5
Baths
5,390
Sq Ft
$966/Sq Ft
Est. Value
Highlights
- Wine Cellar
- New Construction
- Lake View
- Lakeridge Elementary School Rated A
- Two Primary Bedrooms
- Fireplace in Primary Bedroom
About This Home
As of July 2023Bask in the breathtaking modern style of this elegant home carefully designed by Ripple Design Studio. Soak in the Lake Washington and Mt Rainier views in your open-concept kitchen with Wolf and Sub-Zero appliances, walk-in pantry, wine cellar, breakfast nook, and formal dining. The look-through fireplace from the living room to the covered patio surrounded in a glass railing system w/ outdoor heating bring the views to you. Wake up with Lake and Mountain views from the primary suite. Enjoy your favorite tunes w/ the central sound system, while the main floor bonus room is prewired for a separate speaker system. 3 car garage, 2 EV chargers, additional parking pads for you and guest. Elevator to provide convenience. Award-winning MI schools.
Last Agent to Sell the Property
Windermere Real Estate/East License #139743 Listed on: 03/01/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2038460
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,322
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.6 Acre Lot
- Southeast Facing Home
- Level Lot
- Sprinkler System
- Property is in good condition
Parking
- 3 Car Attached Garage
Property Views
- Lake
- Mountain
- Territorial
- Limited
Home Design
- Contemporary Architecture
- Poured Concrete
- Composition Roof
- Stone Siding
- Wood Composite
Interior Spaces
- 5,390 Sq Ft Home
- Multi-Level Property
- Elevator
- Wet Bar
- Central Vacuum
- 2 Fireplaces
- Gas Fireplace
- French Doors
- Wine Cellar
- Dining Room
- Home Security System
- Dryer
- Finished Basement
Kitchen
- Walk-In Pantry
- Microwave
- Disposal
Flooring
- Engineered Wood
- Ceramic Tile
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Double Master Bedroom
- Walk-In Closet
Outdoor Features
- Deck
- Patio
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- High Efficiency Air Conditioning
- Forced Air Heating and Cooling System
- High Efficiency Heating System
- Radiant Heating System
- Generator Hookup
- Tankless Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- Built by LUXWEST
- East Mercer Subdivision
- Electric Vehicle Charging Station
Listing and Financial Details
- Legal Lot and Block 6-7-8 / 3
- Assessor Parcel Number 0321100141
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2023
Closed on
Jul 11, 2023
Sold by
New Horizon Real Estate Development Llc
Bought by
Tran Thi and Kumley Emma
Seller's Agent
Mingfang Lu
Windermere Real Estate/East
Buyer's Agent
Daniel Gottesman
Engel & Voelkers Mercer Island
List Price
$4,750,000
Sold Price
$4,245,000
Premium/Discount to List
-$505,000
-10.63%
Views
152
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$959,948
Avg. Annual Appreciation
3.04%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tran Thi | $4,245,000 | Ticor Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2023 07/19/23 | Sold | $4,245,000 | -10.6% | $788 / Sq Ft |
| 05/30/2023 05/30/23 | Pending | -- | -- | -- |
| 04/27/2023 04/27/23 | For Sale | $4,750,000 | 0.0% | $881 / Sq Ft |
| 04/25/2023 04/25/23 | Pending | -- | -- | -- |
| 04/16/2023 04/16/23 | Price Changed | $4,750,000 | -5.0% | $881 / Sq Ft |
| 03/01/2023 03/01/23 | For Sale | $5,000,000 | -- | $928 / 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 | $26,417 | $4,034,000 | $1,406,000 | $2,628,000 |
| 2023 | $22,322 | $3,861,000 | $1,327,000 | $2,534,000 |
| 2022 | $9,061 | $3,639,000 | $1,493,000 | $2,146,000 |
| 2021 | $9,384 | $1,229,000 | $1,229,000 | $0 |
| 2020 | $8,171 | $1,171,000 | $1,171,000 | $0 |
| 2018 | $7,954 | $1,013,000 | $1,013,000 | $0 |
| 2017 | $0 | $916,000 | $916,000 | $0 |
| 2016 | $0 | $715,700 | $715,700 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mingfang Lu
-
Daniel Gottesman
Buyer's Agent in 2023
Daniel Gottesman
Engel & Voelkers Mercer Island
(206) 898-2505
1 in this area
63 Total Sales
-
Sam Chapin
Buyer Co-Listing Agent in 2023
Sam Chapin
Engel & Voelkers Mercer Island
(206) 948-9153
1 in this area
53 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2038460
APN: 032110-0141
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Based on information submitted to the MLS GRID
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