new - 11 hours on rocket

5041 W Mercer Way, Mercer Island, WA, 98040

$2,398,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,690 SqFt
$650/SqFt
House

Location

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5041 W Mercer Way, Mercer Island$2,398,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingAttached Garage
Attached Garage2 spaces
Year Built1952
HeatingHeat Pump
CoolingCentral Air
FireplaceGas
MLS #2311342
Lot Size0.37 Acres
StatusActive

About 5041 W Mercer Way

Spacious and sunlit home on the western side of Mercer Island offers 3,690sf of living space on a large 16,000sf lot. The comfortable layout features 4 generous sized BRs, 3 are equipped with En-suite BAs. Extra-wide stairs lead up to a bright living room with soaring vaulted ceilings. French doors from the dining area open to a deck and a large, partially fenced backyard with lush grass. The kitchen boasts granite countertops & walk-in pantry. The 4th BR suite in main is generously sized and has its own private entrance. Theres also an additional 600sf unfinished exercise/storage room, offering potentials for future use. Recent updates include a newer roof (2019) and fresh interior paint (2022). Heat pump/Central AC. Top-rated schools.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Living Area: 3,690 SqFt

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (425) 637-7777
  • Listing Agent: Sheri Li

Interior Features

Interior Information:

  • Appliances: Double Oven
  • Basement: No
  • Flooring Type: Hardwood, Stone, Carpet
  • Interior: Second Primary Bedroom, Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hardwood, Vaulted Ceiling(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater, Wine/Beverage Refrigerator
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Stucco

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From west mercer way south bound, turn right into the long private drive way. Hours is not on West Mercer Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,398,000
  • Price Per SqFt: $650/SqFt

Tax Information:

  • Annual Amount: $12,407
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mercer Island, WA.

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Mercer Island, WA

City

Med. Sold Price

$2.3M

Med. Price/SqFt

$787

Avg. Days On Market

35

# of Sold Homes

33

5041 W Mercer Way vs Mercer Island

1 DAY ON ROCKET

-34 Days

$2,398,000

+$89.6K More

$650/SqFt

-$138 Less

KEY TAKEAWAY

This property is $89.6K more than the Median Sold Price and $138/SqFt less than other homes in Mercer Island, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2311342

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (425) 637-7777
  • Listing Agent: Sheri Li

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:47:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 08, 2013Home Sold
$878,000
Sep 13, 2007Home Sold
$950,000
Dec 23, 2005Home Sold
$645,000
Dec 17, 2003Home Sold
$618,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,407$1,549,000
2018$9,416$1,252,000
2017$9,811$1,130,000

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,256

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-291957
9
/10

  • Island Park Elementary School

  • 5437 Island Crest Way

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-291958
9
/10

  • West Mercer Elementary School

  • 4141 81st Ave SE

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-291959
9
/10

  • Northwood Elementary School

  • 4030 86th Ave SE

  • 1.12 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $176,667. Typical income of Mercer Island, WA residents is $200k+ annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5041 W Mercer Way

What is the listing price of this property?

The listing price of 5041 W Mercer Way property is $2,398,000.

What type of property is this?

The property 5041 W Mercer Way is a house located in Mercer Island, Washington, 98040.

Is this property for sale now?

Active Listing: 5041 W Mercer Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,407 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 8, 2013 for $878,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5041 W Mercer Way has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5041 W Mercer Way is 3,690 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5041 W Mercer Way is 1952.

Rocket Homes›Washington›King County›Mercer Island›98040›5041 W Mercer Way

This home is located at 5041 W Mercer Way in Mercer Island, WA and zip code 98040. This 3,690 square foot home, which was built in 1952, sits on a 0.37 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $2,398,000.

In October 2024, from all listings sold in Mercer Island, WA there were more than 11 sold above asking price, over 16 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Mercer Island, WA decreased by 10.2% between September 2024 and October 2024. In October 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $2,308,333.

From Rocket Homes Real Estate and based on county public records data.

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