NOT LISTED FOR SALE

8434 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,229,359 - $3,871,000

4 Beds
4 Baths
3,840 Sq Ft
$938/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $1,450,000 $378 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $21,711/month

9 Days on Market

About This Home

As of October 2013

Enjoy the 180 degree views of Mt. Rainier, the lake and mountains from this NW Contemporary home with “Craftsman touches”. Located just steps to the MI Beach Club and surrounded by lush gardens. This newly remodeled home includes two Trex decks ideal for entertaining and viewing, master suite with his/hers California Closet, bonus room, fireplace, and luxurious 5 piece bath . A cook’s kitchen with Mt. Rainier view, including beautiful cabinets and top of the line stainless steel appliances.

Last Listed By

Elizabeth Kenny

John L. Scott, Inc. Listed on: 08/22/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM534986

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$20,881

Year Built

1977

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 3840
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 3
  • Basement: Daylight, Fully Finished
  • Features: Wine Cellar, Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, Security System, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 3
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Homebuilder: Black and Caldwell
  • Exterior: Wood Products
  • Foundation: Poured Concrete, Slab
  • Lot Details: Cul-de-sac, Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Dog Run, High Speed Internet, Sprinkler System
  • View: Lake, Mountain
  • Lot Topography: Garden Space, Partial Slope

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Exemption: Yes

Schools

  • School District: MIS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Oct 16, 2013
Sold by
Conte Gerald Joseph
Bought by
Kong Betty Mark and Kong Ah Swee
Seller's Agent
Elizabeth Kenny
John L. Scott, Inc.
Buyer's Agent
Bradley Gilmore
John L. Scott, Inc.
List Price
$1,365,000
Sold Price
$1,450,000
Premium/Discount to List
$85,000
6.23%
Total Days on Market
9
Current Estimated Value
$3,602,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,152,090
Avg. Annual Appreciation
7.90%
Original Mortgage
$999,975
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1997
Sold by
Pusch William G and Pusch Mikellane P
Bought by
Conte Gerald Joseph and Gerald Joseph Conte Revocable Inter Vivo

Range of Values:

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Average Value
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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
Kong Betty Mark $1,450,000 Fidelity Natio
Conte Gerald Joseph $636,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kong Betty Mark $567,000
Closed Kong Betty Mark $999,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $1,450,000 +6.2% $378 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $1,365,000 -- $355 / 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 $20,881 $3,188,000 $1,802,000 $1,386,000
2023 $20,545 $2,994,000 $1,700,000 $1,294,000
2022 $17,973 $3,349,000 $1,913,000 $1,436,000
2021 $17,254 $2,440,000 $1,575,000 $865,000
2020 $16,799 $2,155,000 $1,500,000 $655,000
2018 $16,297 $2,081,000 $1,368,000 $713,000
2017 $13,767 $1,878,000 $1,237,000 $641,000
2016 $12,809 $1,691,000 $1,131,000 $560,000
2015 $12,346 $1,532,000 $1,024,000 $508,000
2014 -- $1,411,000 $947,000 $464,000
2013 -- $1,182,000 $833,000 $349,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Elizabeth Kenny

    John L. Scott, Inc.

  • Bradley Gilmore

    Buyer's Agent in 2013

    Bradley Gilmore

    John L Scott

    (206) 979-4305

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM534986

Northwest Multiple Listing Service (NWMLS)

APN: 362571-0090

Washington King County Mercer Island 98040 Island Point

8434 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 8434 W Mercer Way, Mercer Island, WA 98040 since 22 August 2013 and is currently estimated at $3,602,090, approximately $938 per square foot. This property was built in 1977. 8434 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.