Sold407d on market
8207 SE 48th Street
Mercer Island, WA, 98040 • 98040 • King County
$2,898,000
$884/sqft
5Beds
3Baths
3,280Sqft
0.34 acLot
1976Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
City · Lake · Partial · Territorial
Mercerdale
98040
Outdoor Living
Bath Off Primary · Ceramic Tile · Double Pane/Storm Window · Dining Room · Fireplace · French Doors · Hardwood · Laminate Hardwood · Security System · Skylight(s) · Vaulted Ceiling(s) · Walk-In Closet(s) · Wall to Wall Carpet · Water Heater · Wired for Generator
2 Fireplaces
Gas · Wood Burning · Lower Level: 1 · Main Level: 1 · Fireplace
2-Car Garage
Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 407 days ago · 14 views
Market activity
Demand and pricing signals for this listing
14 views
People checking out this listing
407 days on market
Established listing
$884/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 18% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1976
Western City, Lake & Mtn Views w/ updated NW Style on Mercer Island. Sunlight streams through walls of windows in turn-key 5 BDR home w/ high ceilings & warm finishes. Flooded in natural light, open living & dining spaces flow seamlessly to center stage kitchen w/ island, eating nook & high-end appliances. Stunning sunsets from entertaining deck. Ideal floor plan w/ flex spaces: Main floor spacious primary suite w/ 5-pc bath & dual walk-in closets. Large mudroom + office/ add’l bedroom on main. Downstairs rec room, 3 more BDRs & bath. Great outdoor spaces: fenced play yard, landscaped garden beds & flat driveway. Nearby award-winning schools & parks in ideally located mid-Island neighborhood. A/C & generator, pristine- this one has it all!
Standout features identified
Our analysis highlights entertaining deck, warm finishes, and high ceilings as key attractions of this home.
Estimated monthly payment
Based on current rates
$17,883/month
Principal & Interest$14,019
Property Tax$2,898
Insurance$966
Down payment20% ($579,600)
3%50%
Est. 6.08% rate · 30yr fixed · $2,318,400 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1976
HeatingFireplace, Forced Air, Heat Pump, Electric, Natural Gas
CoolingForced Air, Heat Pump
Parking2 Attached Garage spaces
Lot0.34 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1976
Stories1
Systems
HeatingFireplace, Forced Air, Heat Pump, Electric, Natural Gas
CoolingForced Air, Heat Pump
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Garage
Garage2 spaces
BasementDaylight,Finished
Fireplaces2
Lot0.34 Acres
Location & Tax
Neighborhood98040
ZoningR-15
Annual tax$15,313
Parcel2577300011
Bathrooms & Fees
Full baths2
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
Appliances
Dishwasher(s)
Dryer(s)
Disposal
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: gas 50 gallon tank
Water Heater Location: utility closet
Flooring
Ceramic Tile
Hardwood
Laminate
Slate
Carpet
Heating
Fireplace
Forced Air
Heat Pump
Electric
Natural Gas
Cooling
Forced Air
Heat Pump
Fireplace
Gas
Wood Burning
Lower Level: 1
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Attached Garage
Construction
Wood Siding
Patio & Porch
Bath Off Primary
Ceramic Tile
Double Pane/Storm Window
Dining Room
Fireplace
French Doors
Hardwood
Laminate Hardwood
Security System
Skylight(s)
Vaulted Ceiling(s)
Walk-In Closet(s)
Wall to Wall Carpet
Water Heater
Wired for Generator
Lot Features
Dead End Street
Paved
Cable TV
Deck
Fenced-Partially
Gas Available
High Speed Internet
Irrigation
Security
Security System
Views
City
Lake
Partial
Territorial
Other Equipment
Wired for Generator
Room details
14 rooms detailed
Master Bedroom
MainBedroom
LowerBedroom
LowerBedroom
LowerBedroom
MainBathroom Full
LowerListing insights
Market data and value estimates
StatusSold
Days on market407
Est. value$2,868,900
Est. rent$6,303/mo
Tax rate0.82%
Price/sqft$884
On marketMar 23, 2025
PostedJan 25, 2025
Last sold$2,898,000
MLS statusSold
MLS updatedMar 28, 2025
Tour days6
Views14
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
8 events
DateEventPrice$/sqftSource
Feb 25, 2025Sold$2,898,000$884NWMLS as distributed by MLS GRID
Jan 28, 2025Pending Sale$2,898,000$884NWMLS as distributed by MLS GRID
Jan 25, 2025Listed For Sale$2,898,000$884NWMLS as distributed by MLS GRID
Mar 6, 2024Sold$2,519,500$768NWMLS as distributed by MLS GRID
Feb 13, 2024Pending Sale$2,495,000$761NWMLS as distributed by MLS GRID
Feb 10, 2024Listed For Sale$2,495,000$761NWMLS as distributed by MLS GRID
Apr 4, 2007Sold$1,549,000$472NWMLS as distributed by MLS GRID
Aug 3, 1999Sold$735,000$224Public Record
Sold$2,898,000
Feb 25, 2025•$884/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,898,000
Jan 28, 2025•$884/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,898,000
Jan 25, 2025•$884/sqft•NWMLS as distributed by MLS GRID
Sold$2,519,500
Mar 6, 2024•$768/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,495,000
Feb 13, 2024•$761/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,495,000
Feb 10, 2024•$761/sqft•NWMLS as distributed by MLS GRID
Sold$1,549,000
Apr 4, 2007•$472/sqft•NWMLS as distributed by MLS GRID
Sold$735,000
Aug 3, 1999•$224/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 9, 2024$15,738$2,402,000
Apr 9, 2023$15,313$2,223,000
Apr 9, 2022$15,256$2,486,000
Apr 9, 2021$13,344$1,811,000
Apr 9, 2020$12,807$1,599,000
Apr 9, 2019$13,657$1,728,000
Apr 9, 2018$12,721$1,692,000
Apr 9, 2017$13,253$1,527,000
Apr 9, 2016$9,527$1,375,000
Apr 9, 2015$9,527$1,246,000
Apr 9, 2014$9,527$1,147,000
Apr 9, 2013$9,527$965,000
Apr 9, 2012—$890,000
Apr 9, 2011—$811,000
Apr 9, 2010—$875,000
Apr 9, 2009—$875,000
Apr 9, 2007—$814,000
Apr 9, 2006—$755,000
Apr 9, 2005—$733,000
Apr 9, 2001$5,757$602,000
Apr 9, 2000$5,764$546,000
Nearby homes
Neighborhood details
Local context around this listing
Mercer Island, WA • King County
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-09 14:14:08 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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