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$3,595,000   Price Analysis
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5229 82nd Ave SE
Mercer Island, WA 98040
3 bed 2 bath 2,290 SqFt ($1569/SqFt)
0.44 acre lot. Built 1930
Listed 2024-08-01, Taxes $10,701
Ⓧ USDA Ineligible
due to price & location

near Mercer Island

Westside Mercer Island waterfront!

A rare opportunity to create your dream estate on this street-to-water, nearly half-acre lt. A truly special setting serene and beautiful. Enjoy jaw-dropping sunsets framed by Seattle skyline, Olympic Mtn and Seward Park views. Private dock and 40 of waterfront. Seldomly available on MIs coveted gold coast.

Great development potential w/ 2 points of access by 2 driveways. Existing 1930 cottage provides a building-pad for your custom new home while a meandering pathway through nature leads down to your level lawn at the lakes edge, newly upgraded dock & all Lake WA has to offer. Minutes away from award-winning schools, parks & dream commute to Seattle & Bellevue. Live your waterfront dream!


Presented by Kelly Weisfield at
COMPASS Bellevue.


Property MLS #2269458 from NWMLS

Bedrooms: 3
Bedrooms Possible: 3
Bedrooms On Main Level: 3
Bedroom 1 Level: Main
Bedroom 2 Level: Main

Total Bathrooms: 1.5
Full Bathrooms: 1
1/2 Bathrooms: 1
Bathrooms On Main Level: 1
Full Bathrooms On Main Level: 1
Half Bathrooms On Lower Level: 1
Bathroom 1 Level: Main
Bathroom 2 Level: Lower

Fireplace

Fireplace Features: Pellet, Wood
Heating Features: Forced Air
Heating Fuel: Electric, Natural Gas
Heating: Yes
Number of Fireplaces: 2

Kitchen Level: Main

Game/Recreation Room Level: Lower
Living Room Level: Main

Wood

Bank-Low
Lake
Waterfront Feet: 40

Land Lease: No
Lot Description: Dead End Street, Paved Street
Lot Size Acres: 0.4422
Topography: Level, Sloped
Vegetation: Garden Space
Lot Size Square Feet: 19261

Covered Spaces: 2
Garage Spaces: 2
Parking Features: Driveway Parking, Garage-Detached
Parking Total: 2

View: City, Lake, Mountain, Territorial

High School District: Mercer Island

Island Park Elementary School is a public elementary school located approximately 0.4 miles away.
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Mercer Island High School is a public high school located approximately 1.3 miles away.
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Islander Middle School is a public middle school located approximately 1.3 miles away.
directions icon Map directions

Northwest Yeshiva High School is a private high school located approximately 0.5 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 10702
Source Listing Status: Active
Country Region: US
County: King
Directions: South on West Mercer Wy, turn right onto 82nd Ave SE, drive past Forest Ave SE & either turn left on first driveway down to parking pad or park on 82nd Ave SE at top of property.
Tax Year: 2023
Source Property Type: Residential
Area: 510 - Mercer Island
List Development Name: West Mercer
Source Neighborhood: West Mercer
Parcel Number: 1410300023
Street Suffix Modifier: Avenue
Subdivision: West Mercer
Zoning Description: R-15
Source System Name: C2C
Buyer Agent Commission: 2

YearAssessments
Building + Land
Total
Tax
2023$38,000 + $1,705,000
$1,743,000
$10,701
2022$38,000 + $1,404,000
$1,442,000
$10,628
2021$38,000 + $1,338,000
$1,376,000
$11,023
2020$74,000 + $1,210,000
$1,284,000
$10,152
2019$70,000 + $1,187,000
$1,257,000
$9,454
2018$72,000 + $1,142,000
$1,214,000
$10,539
2017$86,000 + $1,044,000
$1,130,000
$9,203
2016$79,000 + $945,000
$1,024,000
$8,566
2015$69,000 + $938,000
$1,007,000
$8,815
2014$44,000 + $1,159,000
$1,203,000
$10,993
2013$51,000 + $1,183,000
$1,234,000
$11,657
2012$54,000 + $1,304,000
$1,358,000
$11,762
2011$55,000 + $1,343,000
$1,398,000
$11,654
2009$63,000 + $1,530,000
$1,593,000
$10,981
2007$250,000 + $1,047,000
$1,297,000
$8,048

Listing removed 2024-08-02
$0
NWMLS
Listing removed 2024-08-02
$0
NWMLS
Listed 2024-08-01
$3,595,000
NWMLS
Listed 2024-06-09
$3,995,000
NWMLS
Listed 2024-06-07
$3,995,000
NWMLS
Sold 2016-10-12
$1,365,000
Public Record
Sold 1998-10-27
$645,000
Public Record
Sold 1998-06-02
$588,000
Public Record

Total Square Feet Living: 1720
Building Area Total: 2290
Building Area Units: Square Feet
Building Features: Built On Lot
Levels: One
Living Area Units: Square Feet
Property Age: 94
Roof: Composition
Structure Type: House
House Style: 1 Story w/Bsmnt.
Elevation Units: Feet

Power Production Type: Electric, NaturalGas
Sewer: Sewer Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.