NOT LISTED FOR SALE

8424 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,715,000 - $3,212,000

3 Beds
3 Baths
3,070 Sq Ft
$967/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $1,225,000 $399 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $17,893/month

5 Days on Market

About This Home

As of May 2014

Huge windows frame endless Lake Washington views to south including Mt Rainier and west for sunsets that will leave you breathless, sunlight that warms from dawn to dusk, for weather watch drama of changing skies. Harmony of design accomplished with a complete home remodel for the perfect uncluttered look. Beautiful kitchen opens to view deck. Master bedroom with fireplace & adjacent bath plus 2 additional large bedrooms and office.

Last Listed By

Sue Sherwood

Coldwell Banker Bain Listed on: 04/15/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM619978

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$17,269

Year Built

1976

Lot Details

0

Listing Details

  • Sq Ft Finished: 3070
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 3
  • Basement: Daylight, Fully Finished
  • Features: Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, High Tech Cabling, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 3
  • Floor: Hardwood, Vinyl, Wall to Wall Carpet
  • Water Heater Location: Lower

Exterior Features

  • Roof: Built-Up, Cedar Shake
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Built-Up, Cedar Shake
  • Site Features: Cable TV, Deck, High Speed Internet
  • View: Lake
  • Lot Topography: Sloped

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: 16028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
May 12, 2014
Sold by
Jhonson Carolyn and Johnson Norman Wendell
Bought by
Narayan Maheshchand and Chawathe Priya
Seller's Agent
Sue Sherwood
Coldwell Banker Bain
Buyer's Agent
Curtis Brown
Windermere Real Estate/East
List Price
$1,300,000
Sold Price
$1,225,000
Premium/Discount to List
-$75,000
-5.77%
Total Days on Market
5
Current Estimated Value
$2,967,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,742,833
Avg. Annual Appreciation
8.08%
Original Mortgage
$980,000
Interest Rate
4.23%
Mortgage Type
New Conventional

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
Narayan Maheshchand $1,225,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayan Maheshchand $959,121
Closed Narayan Maheshchand $980,000
Previous Owner Johnson Norman W $262,800
Previous Owner Johnson Norman W $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $1,225,000 -5.8% $399 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $1,300,000 -- $423 / 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 $17,269 $2,636,000 $1,646,000 $990,000
2023 $16,990 $2,476,000 $1,553,000 $923,000
2022 $14,860 $2,769,000 $1,748,000 $1,021,000
2021 $14,263 $2,017,000 $1,439,000 $578,000
2020 $12,418 $1,781,000 $1,371,000 $410,000
2018 $12,048 $1,538,000 $1,368,000 $170,000
2017 $10,180 $1,388,000 $1,237,000 $151,000
2016 $9,468 $1,250,000 $1,131,000 $119,000
2015 $9,121 $1,132,000 $1,024,000 $108,000
2014 -- $1,042,000 $947,000 $95,000
2013 -- $1,037,000 $813,000 $224,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sue Sherwood

    Coldwell Banker Bain

  • Curtis Brown

    Buyer's Agent in 2014

    Curtis Brown

    Windermere Corporate

    (206) 914-2878

    32 Total Sales

    Curtis Brown
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM619978

Northwest Multiple Listing Service (NWMLS)

APN: 362571-0100

Washington King County Mercer Island 98040 Island Point

8424 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8424 W Mercer Way, Mercer Island, WA 98040 since 15 April 2014 and is currently estimated at $2,967,833, approximately $966 per square foot. This property was built in 1976. 8424 W 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) 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.