NOT LISTED FOR SALE

8905 SE 54th St Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated Value: $2,158,000 - $2,672,465

4 Beds
1 Bath
3,140 Sq Ft
$799/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $1,725,000 $549 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $15,252/month

5 Days on Market

Highlights

  • Spa
  • Territorial View
  • Wood Flooring
  • Island Park Elementary School Rated A
  • Traditional Architecture
  • 5-minute walk to Island Crest Park

About This Home

As of September 2019

Rarely found: Storybook traditional in coveted Parkwood Estates. Stylishly renovated and upgraded. Gracious entry, formal living/dining + family room adjoining the cook’s kitchen (Viking range, Miele oven & microwave, Liebherr refrigerator) + cozy nook/homework station. Main floor office + separate upper level bonus room. 4 generous BRs up. Professionally landscaped backyard oasis. Inviting patio, flat back yard + private hot tub. Fab neighborhood just blocks to schools + minutes to I-90/town

Last Agent to Sell the Property

Michele Schuler

Realogics Sotheby's Int'l Rlty License #22014412 Listed on: 08/06/2019

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Greg Rosenwald

COMPASS License #79606

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1501466

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,933

Year Built

  • Built in 1965

Lot Details

  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned R9.6

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Parkwood Estates Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 6672900340

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,933

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Security System, Skylights, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Slate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 2.75
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3140
  • Square Footage Finished: 3140

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, 90%+ High Efficiency
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: GARAGE-GAS
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 4
  • Community Name: Parkwood Estates
  • Project: Parkwood Estates Add.
  • Community Features: CCRs

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 8
  • Lot Details: Corner Lot, Curbs, Paved Street
  • Lot Sq Ft: 11823
  • Lot Topography Vegetation: Level
  • Parcel Number: 6672900340
  • Zoning Code: R9.6
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 11497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
Simmons Brian B
Bought by
Simmons Brian and Simmons Alison
Total Days on Market
5
Current Estimated Value
$2,507,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$281,419
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,225,947

Purchase Details

Listed on
Aug 6, 2019
Closed on
Aug 26, 2019
Sold by
Simmons Allison Rosenthal and Simmons Brian B
Bought by
Simmons Brian B
Seller's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Greg Rosenwald
COMPASS
List Price
$1,725,000
Sold Price
$1,725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$1,200,000
Outstanding Balance
$1,064,529
Interest Rate
3.7%
Estimated Equity
$1,442,837

Purchase Details

Closed on
May 22, 2012
Sold by
Cmt Investments Llc
Bought by
Price Lisa and Price James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,125
Interest Rate
3.85%

Purchase Details

Closed on
Feb 9, 2012
Sold by
Prescott D Clinton and Prescott Nancy W
Bought by
Cmt Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
3.84%
Source: Public Records

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
Simmons Brian -- Wfg Natl Ttl Co Of Wa Llc
Simmons Brian B -- Rainier Title Llc
Simmons Brian B -- Rainier Title
Price Lisa $917,500 Rainier Title
Cmt Investments Llc $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Brian $380,000
Open Simmons Brian B $1,200,000
Previous Owner Price Lisa $685,376
Previous Owner Price Lisa $688,125
Previous Owner Cmt Investments Llc $635,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $1,725,000 0.0% $549 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $1,725,000 -- $549 / 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 $14,933 $2,279,000 $1,260,000 $1,019,000
2023 $14,698 $2,141,000 $1,189,000 $952,000
2022 $12,858 $2,395,000 $1,338,000 $1,057,000
2021 $12,343 $1,745,000 $1,102,000 $643,000
2020 $12,347 $1,541,000 $1,050,000 $491,000
2018 $11,978 $1,529,000 $794,000 $735,000
2017 $10,115 $1,380,000 $718,000 $662,000
2016 $8,875 $1,242,000 $657,000 $585,000
2015 $8,509 $1,125,000 $595,000 $530,000
2014 -- $1,036,000 $550,000 $486,000
2013 -- $930,000 $577,000 $353,000
Source: Public Records

Agents Affiliated with this Home

  • Michele Schuler

    Seller's Agent in 2019

    Michele Schuler

    Reaologics Sothebys International Realty

    (206) 992-2013

    2 in this area

    187 Total Sales

    Michele Schuler
    Section Image
  • Greg Rosenwald

    Buyer's Agent in 2019

    Greg Rosenwald

    COMPASS

    (206) 230-5445

    5 in this area

    131 Total Sales

    Greg Rosenwald
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1501466

Northwest Multiple Listing Service (NWMLS)

APN: 667290-0340

Washington King County Mercer Island 98040 Parkwood - Mercer Firs

8905 SE 54th St, Mercer Island, WA

This home is located at 8905 SE 54th St, Mercer Island, WA 98040 since 06 August 2019 and is currently estimated at $2,507,366, approximately $798 per square foot. This property was built in 1965. 8905 SE 54th St is a home located in King County with nearby schools including Island Park 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.

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