Sold838d on market
5316 E Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$1,950,000
$539/sqft
6Beds
3Baths
3,620Sqft
1.1 acLot
1972Built
Property DNA
Territorial Views
Territorial
Northwest Contemporary Style
Built 1972 · 54 years of history
Mid Island
98040
Outdoor Living
Hardwood · Wall to Wall Carpet · Bath Off Primary · Built-In Vacuum · Double Pane/Storm Window · Dining Room · Fireplace (Primary Bedroom) · Skylight(s) · Vaulted Ceiling(s) · Wired for Generator · Fireplace · Water Heater
4 Fireplaces
Gas · Lower Level: 1 · Main Level: 2 · Upper Level: 1 · Fireplace
6-Car Garage
RV Parking · Attached Carport · Driveway · Attached Garage
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 838 days ago · 8 views
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
838 days on market
Established listing
$539/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 23% 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 1972
Idyllic Northwest Contemporary home ideally sited on a treed acre lot, surrounded by flora. Retreat at the days end to your treehouse in the woods, relax + unwind in a picturesque setting, with floor to ceiling windows framing the view. Well appointed with refinished hardwood floors, and river rock entry. Soaring ceilings, open beams, formal and informal spaces, multiple decks for entertaining. 6 bedrooms, 3 bathrooms + a bonus flex space on the lower level. For the enthusiast, a 4 car detached stacked garage with RV doors, plus a 2 car carport. Permanent Generator, copious amounts of storage. Escape the ordinary, and live the extraordinary. Take advantage of the ideal locale, with top rated schools, and an easy Seattle/Bellevue commute.
Standout features identified
Our analysis highlights refinished hardwood floors, top rated schools, and rv doors as key attractions of this home.
Estimated monthly payment
Based on current rates
$12,142/month
Principal & Interest$9,542
Property Tax$1,950
Insurance$650
Down payment20% ($390,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,560,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1972
HeatingFireplace, Forced Air, Natural Gas
CoolingNone
Parking6 Attached Garage spaces
Lot1.09 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleNorthwest Contemporary
ConditionVery Good
Year built1972
Systems
HeatingFireplace, Forced Air, Natural Gas
CoolingNone
ConstructionWood Siding
Water / SewerPublic, Company: City of MI / Sewer Connected, Company: City of MI
Parking & Outdoor
ParkingRV Parking, Attached Carport, Driveway, Attached Garage
Garage6 spaces
BasementDaylight,Finished
Fireplaces4
Lot1.09 Acres
Location & Tax
Neighborhood98040
Annual tax$14,146
Parcel8661400115
Bathrooms & Fees
Full baths1
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
Appliances
Dishwasher_
GarbageDisposal_
Refrigerator_
StoveRange_
Trash Compactor
Dishwasher
Garbage Disposal
Refrigerator
StoveRange
Water Heater: Gas
Flooring
Hardwood
Slate
Carpet
Heating
Fireplace
Forced Air
Natural Gas
Cooling
None
Fireplace
Gas
Lower Level: 1
Main Level: 2
Upper Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
RV Parking
Attached Carport
Driveway
Attached Garage
Construction
Wood Siding
Patio & Porch
Hardwood
Wall to Wall Carpet
Bath Off Primary
Built-In Vacuum
Double Pane/Storm Window
Dining Room
Fireplace (Primary Bedroom)
Skylight(s)
Vaulted Ceiling(s)
Wired for Generator
Fireplace
Water Heater
Lot Features
Paved
Secluded
Cable TV
Deck
Gas Available
Patio
RV Parking
Views
Territorial
Other Equipment
Wired for Generator
Listing insights
Market data and value estimates
StatusSold
Days on market838
Est. value$2,423,900
Est. rent$6,262/mo
Tax rate0.82%
Price/sqft$539
On marketSep 2, 2023
PostedOct 12, 2023
Last sold$1,950,000
MLS statusSold
MLS updatedDec 20, 2023
Tour days6
Views8
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
3 events
DateEventPrice$/sqftSource
Dec 20, 2023Sold$1,950,000$539NWMLS as distributed by MLS GRID
Nov 12, 2023Pending Sale$1,995,000$551NWMLS as distributed by MLS GRID
Oct 12, 2023Listed For Sale$1,995,000$551NWMLS as distributed by MLS GRID
Sold$1,950,000
Dec 20, 2023•$539/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,995,000
Nov 12, 2023•$551/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,995,000
Oct 12, 2023•$551/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$14,109$2,153,000
Apr 7, 2023$14,199$2,061,000
Apr 7, 2022$14,147$2,305,000
Apr 7, 2021$12,697$1,723,000
Apr 7, 2020$12,479$1,558,000
Apr 7, 2019$12,915$1,634,000
Apr 7, 2018$12,030$1,600,000
Apr 7, 2017$13,409$1,545,000
Apr 7, 2016$10,153$1,391,000
Apr 7, 2015$10,153$1,260,000
Apr 7, 2014$10,153$1,160,000
Apr 7, 2013$10,153$1,053,000
Apr 7, 2012—$971,000
Apr 7, 2011—$959,000
Apr 7, 2010—$1,035,000
Apr 7, 2009—$1,035,000
Apr 7, 2007—$835,000
Apr 7, 2006—$912,000
Apr 7, 2005—$885,000
Apr 7, 2001$6,588$689,000
Apr 7, 2000$6,176$585,000
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 14:43:56 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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