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Off market
    • $2,018,900

    8531 E Mercer Way, Mercer Island, WA 98040

    4beds
    2,570sqft
    SingleFamily
    Built in 1980
    0.27 Acres Lot
    $2,018,900 Zestimate®
    $786/sqft
    $5,652 Estimated rent

    Home value

    $2,018,900

    $1.88M - $2.16M

    $5,652/mo

    Zestimate® history
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    Owner options

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    $5,652/mo

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    $5,652/mo

    Rent Zestimate®

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    $12,215/mo

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    $12,215/mo

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    What's special

    What if you could have breathtaking LAKE VIEWS and see Mt Rainier from virtually every room in your house? What if that house had a look & feel of UPSCALE new construction? Prepare to be amazed w/this COMPLETELY RENOVATED architectural marvel, perfectly positioned in serenity of the Southern tip of Mercer Island, minutes to Seattle & Bellevue. Make this tranquil, sun-filled, artistic sanctuary your home. Enjoy central A/C, level green yard, decks. Be steps from MI Beach Club & Clarke Beach Park.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,570 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Shingle, Cement / Concrete
    • Has view: Yes
    • View description: Water, Mountain
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 5530800020

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & HOA

    Location
    • Region: Mercer Island

    Financial & listing details

    • Price per square foot: $786/sqft
    • Tax assessed value: $1,964,000
    • Annual tax amount: $12,809

    Price history

    DateEventPrice
    8/27/2021Sold$1,690,000+12.7%$658/sqft
    Source: NWMLS as distributed by MLS GRID #1760650 Report a problem
    10/11/2018Sold$1,500,000-6%$584/sqft
    Source: NWMLS as distributed by MLS GRID #1354377 Report a problem
    9/11/2018Pending sale$1,595,000$621/sqft
    Source: Expert Realty of Washington #1354377 Report a problem
    8/31/2018Listed for sale$1,595,000+43.5%$621/sqft
    Source: Expert Realty of Washington #1354377 Report a problem
    4/12/2018Sold$1,111,250-7%$432/sqft
    Source: NWMLS as distributed by MLS GRID #1261196 Report a problem
    3/31/2018Pending sale$1,195,000$465/sqft
    Source: Coldwell Banker Bain #1261196 Report a problem
    3/23/2018Listed for sale$1,195,000$465/sqft
    Source: Coldwell Banker Bain #1261196 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,809 +0.5%$1,964,000 +1%
    2024$12,747 +1.3%$1,945,000 +6.5%
    2023$12,588 +0.3%$1,827,000 -10.6%
    2022$12,547 +14.3%$2,044,000 +37.3%
    2021$10,975 +4.2%$1,489,000 +13.2%
    2020$10,535 +9.5%$1,315,000 +8.1%
    2019$9,623 +7.3%$1,217,000 +2.1%
    2018$8,966 +7.4%$1,192,000 +24%
    2017$8,345 +32%$961,000 +11.1%
    2016$6,324 $865,000 +10.3%
    2015$6,324 $784,000 +8.6%
    2014$6,324 $722,000 +42.7%
    2013$6,324 $506,000 +8.4%
    2012-- $467,000 +1.3%
    2011-- $461,000 -7.4%
    2010-- $498,000
    2009-- $498,000 -22.7%
    2007-- $644,000 +7.9%
    2006-- $597,000 +9.7%
    2005-- $544,000 +15.7%
    2001$4,496 +6.7%$470,000 +17.8%
    2000$4,214 $399,000
    Find assessor info on the county website

    Neighborhood: 98040

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mercer Island

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,018,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,018,900

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