NOT LISTED FOR SALE

8454 W Mercer Way Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $2,897,000 - $3,470,000

4 Beds
3 Baths
3,180 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $1,400,000 $440 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $19,217/month

1 Day on Market

About This Home

As of July 2013

Impeccable home in a great neighborhood and even some lake views! Pride of ownership shows in every room. New baths and updated kitchen. This floor plan is great with family room off the kitchen and a large TV/rec room also on the main level. 4 Bedrooms and 2 Baths upstairs. Large den off the formal living room. Quiet location close to both the Country Club and the MI Beach Club, schools and shipping. This is a must see!

Last Agent to Sell the Property

Tim Conway

John L. Scott, Inc. License #5506 Listed on: 06/26/2013

John L. Scott, Inc.

Last Buyer's Agent

Allison Trull

Coldwell Banker Bain License #22955

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM507772

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jul 16, 2013
Sold by
Riccobono Richard and Riccobono Donna
Bought by
Morelli Gardner and Morelli Kimberly Cost
Seller's Agent
Tim Conway
John L. Scott, Inc.
Buyer's Agent
Allison Trull
Coldwell Banker Bain
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$3,189,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,789,348
Avg. Annual Appreciation
7.27%
Original Mortgage
$506,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Crawford Robert D and Crawford Wendy G
Bought by
Riccobono Richard and Riccobono Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Morelli Gardner $1,400,000 Fidelity Natio
Riccobono Richard $1,015,000 Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morelli Gardner $1,200,000
Closed Morelli Gardner $500,000
Closed Morelli Gardner $449,000
Closed Morelli Gardner $497,837
Closed Morelli Gardner $506,000
Previous Owner Riccobono Richard M $405,000
Previous Owner Riccobono Richard M $424,000
Previous Owner Riccobono Richard M $417,000
Previous Owner Riccobono Richard $450,000
Previous Owner Riccobono Richard $300,000
Previous Owner Crawford Robert D $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $1,400,000 0.0% $440 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $1,400,000 -- $440 / 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 $17,400 $2,656,000 $1,222,000 $1,434,000
2023 $17,184 $2,495,000 $1,153,000 $1,342,000
2022 $14,411 $2,685,000 $1,298,000 $1,387,000
2021 $13,831 $1,956,000 $1,069,000 $887,000
2020 $15,528 $1,727,000 $1,019,000 $708,000
2018 $14,935 $1,924,000 $1,135,000 $789,000
2017 $12,612 $1,721,000 $1,027,000 $694,000
2016 $11,732 $1,549,000 $939,000 $610,000
2015 $11,306 $1,403,000 $850,000 $553,000
2014 -- $1,292,000 $786,000 $506,000
2013 -- $978,000 $614,000 $364,000
Source: Public Records

Agents Affiliated with this Home

  • Tim Conway

    Seller's Agent in 2013

    Tim Conway

    John L Scott

    (206) 954-2437

    3 in this area

    43 Total Sales

    Tim Conway
    Section Image
  • Allison Trull

    Buyer's Agent in 2013

    Allison Trull

    Coldwell Banker Bain

    (425) 450-5217

    2 in this area

    95 Total Sales

    Allison Trull
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM507772

Northwest Multiple Listing Service (NWMLS)

APN: 362571-0050

Washington King County Mercer Island 98040 Island Point

8454 W Mercer Way, Mercer Island, WA

This home is located at 8454 W Mercer Way, Mercer Island, WA 98040 since 26 June 2013 and is currently estimated at $3,189,348, approximately $1,002 per square foot. This property was built in 1978. 8454 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) 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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