NOT LISTED FOR SALE

3618 W Mercer Way Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $4,303,000 - $5,965,000

5 Beds
5 Baths
5,970 Sq Ft
$884/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $2,750,000 $461 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $32,290/month

58 Days on Market

About This Home

As of April 2014

Sunset Magazine perfect...a romantic mission styled NW Lodge, convenient, private, west side location with mesmerizing views of snow capped mountains, Seattle's Skyline and glistening Lake Washington. Expansive living and dinner rooms, inviting casual spaces with soaring beamed ceilings, grand patios and decks, a chef's exhibition kitchen, bedrooms on every level, sprawling bonus room, craftsmanship to envy. Carriage Garage w/upper lvl unfinished 675sq ft.

Last Listed By

Rick Franz

Windermere Real Estate/East License #1956 Listed on: 01/20/2014

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM583481

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$36,325

Year Built

1995

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 5970
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Basement: Fully Finished
  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, French Doors, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Laminate, Slate, Wall to Wall Carpet
  • Sq Ft Unfinished: 674
  • Water Heater Location: Basement-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Stone, Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Hot Tub/Spa, Patio, Sprinkler System
  • View: City, Lake, Mountain, Territorial
  • Lot Topography: Garden Space, Level, Partial Slope

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Central A/C, Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Schools

  • School District: MIS
  • Elementary School: West Mercer Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2014
Closed on
Apr 10, 2014
Sold by
Roberts Stanley A and Roberts Rebecca M
Bought by
King Jason C and King Jennifer C
Seller's Agent
Rick Franz
Windermere Real Estate/East
Buyer's Agent
Gloria Wolfe
John L. Scott, Inc.
List Price
$2,850,000
Sold Price
$2,750,000
Premium/Discount to List
-$100,000
-3.51%
Total Days on Market
58
Current Estimated Value
$5,278,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,528,384
Original Mortgage
$137,500
Interest Rate
3.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 26, 1997
Sold by
Elliott Andrew S and Elliott Sherrill D
Bought by
Roberts Stanley A and Roberts Rebecca M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
6.37%

Purchase Details

Closed on
Apr 16, 1996
Sold by
Elliott Andrew S and Elliott Sherrill
Bought by
First Edition Homes

Purchase Details

Closed on
Aug 29, 1994
Sold by
Hamilton Wilson S and Hamilton Lorraine
Bought by
Elliott Andrew S and Elliott Sherrill D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
8.65%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
King Jason C $2,750,000 Chicago Title
Roberts Stanley A $1,480,150 Chicago Title Insurance Co
First Edition Homes $307,500 Transnation Title Insurance
Elliott Andrew S $860,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Jason C $1,900,000
Closed King Jason C $500,000
Closed King Jason C $250,000
Closed King Jennifer C $1,863,640
Closed King Jason C $1,917,750
Closed King Jason C $137,500
Closed King Jason C $192,500
Previous Owner Roberts Stanley A $745,000
Previous Owner Elliott Andrew S $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $2,750,000 -3.5% $461 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $2,850,000 0.0% $477 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $2,850,000 -- $477 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $36,325 $5,548,000 $3,132,000 $2,416,000
2023 $36,419 $5,310,000 $2,955,000 $2,355,000
2022 $32,683 $5,939,000 $3,324,000 $2,615,000
2021 $32,756 $4,439,000 $2,736,000 $1,703,000
2020 $27,384 $4,093,000 $2,606,000 $1,487,000
2018 $27,985 $3,575,000 $2,177,000 $1,398,000
2017 $24,430 $3,226,000 $1,969,000 $1,257,000
2016 $22,724 $3,002,000 $1,800,000 $1,202,000
2015 $21,892 $2,719,000 $1,629,000 $1,090,000
2014 -- $2,503,000 $1,506,000 $997,000
2013 -- $2,366,000 $1,426,000 $940,000
Source: Public Records

Agents Affiliated with this Home

  • Rick Franz

    Seller's Agent in 2014

    Rick Franz

    Windermere Corporate

    (206) 999-9718

    1 in this area

    115 Total Sales

    Rick Franz
    Section Image
  • Gloria Wolfe

    Buyer's Agent in 2014

    Gloria Wolfe

    John L Scott

    (425) 922-7675

    1 in this area

    22 Total Sales

    Gloria Wolfe
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM583481

Northwest Multiple Listing Service (NWMLS)

APN: 362350-0025

Washington King County Mercer Island 98040 Mercerdale

3618 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 3618 W Mercer Way, Mercer Island, WA 98040 since 20 January 2014 and is currently estimated at $5,278,384, approximately $884 per square foot. This property was built in 1995. 3618 W Mercer Way is a home located in King County with nearby schools including West Mercer Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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