T
Seller's Agent in 2015
Teo Okamura
John L Scott
(206) 578-1744
50 Total Sales
8405 E Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $1,614,000 - $2,248,000
3
Beds
3
Baths
2,370
Sq Ft
$837/Sq Ft
Est. Value
Highlights
- Lake View
- Deck
- Double Oven
- Lakeridge Elementary School Rated A
- Northwest Architecture
- Attached Garage
About This Home
As of October 2015This magnificent house has 2,370 of finished space sitting on 17,385 sq ft of land! Conveniently located on E Mercer Way near all the local amenities. Live in tranquility as the creek flows beneath the master suite! Very unique landscaping. Master suite is located on the East Side of the house allowing for a luminous master suite. SS appliances, radiant heating, 2 sided fireplace and the aesthetics of this house make it a must see! Newer furnace, roof and water heater!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM835494
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,809
Year Built
- Built in 1992
Lot Details
- Steep Slope
- Property is zoned R8.4
Property Views
- Lake
- Creek or Stream
- Territorial
Home Design
- Northwest Architecture
- Slab Foundation
- Metal Roof
- Wood Siding
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Parking
- Attached Garage
- Off-Street Parking
Additional Features
- Wall to Wall Carpet
- Deck
Community Details
- Mercer Island Community
Listing and Financial Details
- Assessor Parcel Number 0321100120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2015
Closed on
Oct 30, 2015
Sold by
Osw Properties Llc
Bought by
Buches David M and Buches Melissa N
Seller's Agent
Teo Okamura
John L. Scott, Inc.
Buyer's Agent
Ken Graff
Coldwell Banker Bain
List Price
$1,050,000
Sold Price
$993,000
Premium/Discount to List
-$57,000
-5.43%
Total Days on Market
35
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
$989,931
Avg. Annual Appreciation
7.82%
Original Mortgage
$794,400
Outstanding Balance
$617,443
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,424,864
Purchase Details
Closed on
Aug 24, 2011
Sold by
Cero Michael R and Cero Susan R
Bought by
Osw Properties Llc
Purchase Details
Closed on
Feb 26, 1996
Sold by
Robinson Thomas Fraser and Wellman Joan E
Bought by
Cero Michael R and Cero Susan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.1%
Purchase Details
Closed on
Dec 22, 1993
Sold by
Simantel David A
Bought by
Robinson Thomas Fraser and Wellman Joan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.59%
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 |
|---|---|---|---|
| Buches David M | $993,000 | Chicago Title | |
| Osw Properties Llc | -- | None Available | |
| Cero Michael R | $380,000 | Commonwealth Land Title Ins | |
| Robinson Thomas Fraser | $369,000 | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Buches David M | $794,400 | |
| Previous Owner | Cero Michael R | $304,000 | |
| Previous Owner | Robinson Thomas Fraser | $295,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2015 10/06/15 | Sold | $993,000 | -5.4% | $419 / Sq Ft |
| 09/25/2015 09/25/15 | Pending | -- | -- | -- |
| 08/20/2015 08/20/15 | For Sale | $1,050,000 | -- | $443 / 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 | $9,809 | $1,496,000 | $942,000 | $554,000 |
| 2023 | $9,838 | $1,432,000 | $889,000 | $543,000 |
| 2022 | $8,833 | $1,602,000 | $1,001,000 | $601,000 |
| 2021 | $8,680 | $1,198,000 | $824,000 | $374,000 |
| 2020 | $9,655 | $1,083,000 | $785,000 | $298,000 |
| 2018 | $9,369 | $1,196,000 | $760,000 | $436,000 |
| 2017 | $8,179 | $1,079,000 | $688,000 | $391,000 |
| 2016 | $7,614 | $1,004,000 | $629,000 | $375,000 |
| 2015 | $7,338 | $910,000 | $570,000 | $340,000 |
| 2014 | -- | $838,000 | $527,000 | $311,000 |
| 2013 | -- | $734,000 | $528,000 | $206,000 |
Source: Public Records
Agents Affiliated with this Home
-
Teo Okamura
-
Ken Graff
Buyer's Agent in 2015
Ken Graff
Coldwell Banker Bain
(206) 498-7818
101 Total Sales
Map
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM835494
APN: 032110-0120
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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. ©2025 NWMLS.
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