Buyer's Agent in 2022
Junior Torres
Windermere Corporate
(206) 854-5596
1 in this area
512 Total Sales
8541 E Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $1,820,000 - $2,374,000
3
Beds
3
Baths
2,590
Sq Ft
$826/Sq Ft
Est. Value
Highlights
- No HOA
- 2 Car Attached Garage
- Wood Siding
- Lakeridge Elementary School Rated A
About This Home
As of December 2022This home is located at 8541 E Mercer Way, Mercer Island, WA 98040 since 20 December 2022 and is currently estimated at $2,139,572, approximately $826 per square foot. This property was built in 1979. 8541 E Mercer Way is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2024618
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,597
Year Built
- Built in 1979
Lot Details
- 0.58 Acre Lot
Parking
- 2 Car Attached Garage
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 2,590 Sq Ft Home
- 2-Story Property
Community Details
- No Home Owners Association
- East Mercer Subdivision
Listing and Financial Details
- Assessor Parcel Number 5530800010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2022
Closed on
Dec 13, 2022
Sold by
Swenson Erik R and Swenson Cornelia C
Bought by
Wenger David S and Taylor Mallory R
Buyer's Agent
Junior Torres
Windermere RE Greenwood
List Price
$1,546,500
Sold Price
$1,546,500
Total Days on Market
0
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
$593,072
Avg. Annual Appreciation
12.63%
Original Mortgage
$1,221,500
Outstanding Balance
$1,191,375
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$858,826
Purchase Details
Closed on
Oct 14, 1988
Sold by
Mace Leslie E and Elva Ann
Bought by
Swenson Erik R and Swenson Cornelia C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wenger David S | $1,546,500 | Chicago Title | |
| Swenson Erik R | $224,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wenger David S | $1,221,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2022 12/20/22 | Sold | $1,546,500 | 0.0% | $597 / Sq Ft |
| 12/20/2022 12/20/22 | For Sale | $1,546,500 | -- | $597 / 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 | $12,597 | $1,922,000 | $1,128,000 | $794,000 |
| 2023 | $12,393 | $1,805,000 | $1,065,000 | $740,000 |
| 2022 | $11,122 | $2,019,000 | $1,199,000 | $820,000 |
| 2021 | $10,680 | $1,509,000 | $987,000 | $522,000 |
| 2020 | $8,881 | $1,333,000 | $940,000 | $393,000 |
| 2018 | $8,623 | $1,100,000 | $525,000 | $575,000 |
| 2017 | $7,284 | $993,000 | $475,000 | $518,000 |
| 2016 | $6,779 | $894,000 | $435,000 | $459,000 |
| 2015 | $6,534 | $810,000 | $394,000 | $416,000 |
| 2014 | -- | $746,000 | $365,000 | $381,000 |
| 2013 | -- | $489,000 | $326,000 | $163,000 |
Source: Public Records
Agents Affiliated with this Home
-
Junior Torres
Map
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2024618
APN: 553080-0010
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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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