Sold390d on market
8920 SE 54th Street
Mercer Island, WA, 98040 • 98040 • King County
$2,309,125
$1089/sqft
3Beds
3Baths
2,120Sqft
0.35 acLot
1962Built
Property DNA
Territorial Views
Territorial
Parkwood Estates
98040
Outdoor Living
Bath Off Primary · Built-In Vacuum · Double Pane/Storm Window · Dining Room · Fireplace · Hardwood · Laminate · Skylight(s) · Vaulted Ceiling(s) · Water Heater
2 Fireplaces
Wood Burning · Main Level: 2 · Fireplace
2-Car Garage
Attached Garage
Hardwood & Stone Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
25 views
People checking out this listing
390 days on market
Established listing
$1,089/sqft
Price per square foot
About this home
Single Family · Built 1962
Welcome to this inspiring property in the heart of Parkwood, one of the Island’s most sterling neighborhoods. Backing to a greenbelt, this oversized level lot sits above Parkwood’s stately streets & features complete privacy, lovely mature landscaping, & tranquil Cascade foothill & forest views. Generous one-story living exudes stunning mid-century modern bones with an open floorplan & soaring vaulted ceilings. Large living spaces flow seamlessly to multiple outdoor areas & embrace the natural light & views. Special touches include 2 fireplaces, hardwood floors, skylights & the possibility to expand up or out. Just steps from Island Crest Park & Island Park Elementary (ranked #1 MISD elementary by US News). Don’t miss this rare opportunity!
Standout features identified
Our analysis highlights large living spaces, generous one-story living, and hardwood floors as key attractions of this home.
Estimated monthly payment
Based on current rates
$14,383/month
Principal & Interest$11,300
Property Tax$2,309
Insurance$770
HOA$4
Down payment20% ($461,825)
3%50%
Est. 6.19% rate · 30yr fixed · $1,847,300 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1962
HeatingFireplace, Forced Air, Natural Gas
CoolingNone
Parking2 Attached Garage spaces
HOA$50 annually
Lot0.35 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1962
Stories1
Systems
HeatingFireplace, Forced Air, Natural Gas
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingAttached Garage
Garage2 spaces
BasementNone
Fireplaces2
Lot0.35 Acres
Location & Tax
Neighborhood98040
Annual tax$10,958
Parcel6672900060
Bathrooms & Fees
Full baths1
HOA$4/mo
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
Appliances
Dishwasher(s)
Dryer(s)
Disposal
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Gas
Water Heater Location: Garage
Flooring
Hardwood
Laminate
Stone
Heating
Fireplace
Forced Air
Natural Gas
Cooling
None
Fireplace
Wood Burning
Main Level: 2
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Attached Garage
Construction
Wood Siding
Patio & Porch
Bath Off Primary
Built-In Vacuum
Double Pane/Storm Window
Dining Room
Fireplace
Hardwood
Laminate
Skylight(s)
Vaulted Ceiling(s)
Water Heater
Lot Features
Curbs
Dead End Street
Paved
Cable TV
Fenced-Partially
Patio
Sprinkler System
Community
CCRs
Views
Territorial
Room details
11 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainBathroom Three Quarter
MainBathroom Three Quarter
MainListing insights
Market data and value estimates
StatusSold
Days on market390
Est. value$2,253,600
Est. rent$5,162/mo
Tax rate0.82%
Price/sqft$1089
On marketApr 10, 2025
PostedFeb 25, 2025
Last sold$2,309,125
MLS statusSold
MLS updatedApr 12, 2025
Tour days6
Views25
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
15 events
DateEventPrice$/sqftSource
Mar 12, 2025Sold$2,309,125$1,089NWMLS as distributed by MLS GRID
Feb 27, 2025Pending Sale$1,995,000$941NWMLS as distributed by MLS GRID
Feb 25, 2025Listed For Sale$1,995,000$941NWMLS as distributed by MLS GRID
Oct 29, 2024Listing Removed$4,850$2Zillow Rentals
Oct 14, 2024Listed For Rent$4,850$2Zillow Rentals
Mar 24, 2021Listing Removed——Owner
Oct 12, 2020Listing Removed$4,200$2Owner
Oct 10, 2020Listed For Rent$4,200$2Owner
Nov 11, 2018Listing Removed$3,600$2Owner
Oct 30, 2018Price Change$3,600$2Owner
Oct 12, 2018Price Change$3,400$2Owner
Sep 12, 2018Listed For Rent$3,800$2Owner
May 31, 2018Listing Removed$3,800$2Owner
May 12, 2018Listed For Rent$3,800$2Owner
Nov 13, 2009Sold$735,000$347NWMLS as distributed by MLS GRID
Sold$2,309,125
Mar 12, 2025•$1,089/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,995,000
Feb 27, 2025•$941/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,995,000
Feb 25, 2025•$941/sqft•NWMLS as distributed by MLS GRID
Listing Removed$4,850
Oct 29, 2024•$2/sqft•Zillow Rentals
Listed For Rent$4,850
Oct 14, 2024•$2/sqft•Zillow Rentals
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$4,200
Oct 12, 2020•$2/sqft•Owner
Listed For Rent$4,200
Oct 10, 2020•$2/sqft•Owner
Listing Removed$3,600
Nov 11, 2018•$2/sqft•Owner
Price Change$3,600
Oct 30, 2018•$2/sqft•Owner
Price Change$3,400
Oct 12, 2018•$2/sqft•Owner
Listed For Rent$3,800
Sep 12, 2018•$2/sqft•Owner
Listing Removed$3,800
May 31, 2018•$2/sqft•Owner
Listed For Rent$3,800
May 12, 2018•$2/sqft•Owner
Sold$735,000
Nov 13, 2009•$347/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$11,098$1,693,000
Apr 7, 2023$10,958$1,590,000
Apr 7, 2022$10,922$1,779,000
Apr 7, 2021$9,805$1,330,000
Apr 7, 2020$9,416$1,175,000
Apr 7, 2019$9,529$1,205,000
Apr 7, 2018$8,876$1,180,000
Apr 7, 2017$9,247$1,065,000
Apr 7, 2016$7,006$959,000
Apr 7, 2015$7,006$869,000
Apr 7, 2014$7,006$800,000
Apr 7, 2013$7,006$776,000
Apr 7, 2012—$716,000
Apr 7, 2011—$707,000
Apr 7, 2010—$763,000
Apr 7, 2009—$763,000
Apr 7, 2007—$688,000
Apr 7, 2006—$638,000
Apr 7, 2005—$581,000
Apr 7, 2001$4,371$457,000
Apr 7, 2000$4,372$414,000
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 2026-04-07 16:19:04 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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