NOT LISTED FOR SALE

4041 W Mercer Way Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $4,646,000 - $8,216,393

0.48 Acre
$14,466,940 Price per Acre
20,909 Sq Ft Lot

Last Sold July 21, 2016

Last sale price $2,100,000 $313 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $42,333/month

19 Days on Market

Highlights

  • Lake View
  • West Mercer Elementary School Rated A
  • Level Lot

About This Lot

As of July 2016

Just in time for summer. Rare west facing 100 foot waterfront lot on the Gold Coast of Mercer Island. Spectacular views of the sunsets, Seattle, and the Olympics from this no bank, nearly half acre lot. All utilities are at the property. Offering includes plans for a 6,000+ square foot house at waters edge. Quick access to I-90, and Mercer Island amenities. A unique opportunity not to be missed.

Last Agent to Sell the Property

Evan Wyman

COMPASS License #23315 Listed on: 06/03/2016

COMPASS

Last Buyer's Agent

John Griffith

HomeSmart Real Estate Assoc License #109783

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM954140

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $47,782

Lot Details

  • Level Lot

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Community Details

  • Mercer Island Community

Listing and Financial Details

  • Assessor Parcel Number 3623500387

Property Details

Property Type

Land

Est. Annual Taxes

$47,782

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East
  • View: City, Lake, Mountain, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 100
  • Water Jurisdiction: City

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Sewer: On Property
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Mercer Island
  • Project: Island

Schools

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

Lot Info

  • Lot Number: 4-5
  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Dimensions: 20812
  • Lot Sq Ft: 20812
  • Parcel Number: 3623500387
  • Slopeof Property: Lake
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: R15

Tax Info

  • Tax Amount: 18490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Lundin David A and Lundin Jaymee A
Bought by
David A Lundin And Jaymee A Lundin Living Tru
Current Estimated Value
$6,944,131

Purchase Details

Closed on
Aug 28, 2018
Sold by
Shm Inc
Bought by
Lundin David A and Lundin Jaymee A

Purchase Details

Closed on
May 11, 2018
Sold by
Wkg Inc
Bought by
Shm Inc

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jul 13, 2016
Sold by
Hunsaker Parkside Llc
Bought by
New Visions Development Llc
Seller's Agent
Evan Wyman
COMPASS
Buyer's Agent
John Griffith
HomeSmart Real Estate Assoc
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%
Original Mortgage
$1,155,000
Interest Rate
3.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2014
Sold by
Hunsaker Parkside Llc
Bought by
Mi Cabana Llc

Purchase Details

Closed on
May 3, 2013
Sold by
Hunsaker Patrick and Hunsaker Ann
Bought by
Hunsaker Parkside Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
David A Lundin And Jaymee A Lundin Living Tru -- --
Lundin David A $3,000,000 First American Title Insuran
Shm Inc $1,277,210 None Available
New Visions Development Llc $2,100,000 Ticor National
Mi Cabana Llc -- None Available
Hunsaker Parkside Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lundin David A $3,285,000
Previous Owner Lundin David A $3,285,000
Previous Owner New Visions Development Llc $1,155,000
Previous Owner New Visions Development Llc $1,145,000
Previous Owner Hunsaker Patrick K $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $2,100,000 -4.3% $313 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $2,195,000 -- $328 / 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 $47,782 $7,299,000 $3,828,000 $3,471,000
2023 $51,319 $6,855,000 $3,612,000 $3,243,000
2022 $46,053 $8,370,000 $4,064,000 $4,306,000
2021 $44,201 $6,256,000 $3,345,000 $2,911,000
2020 $23,034 $5,524,000 $3,186,000 $2,338,000
2018 $23,925 $2,868,000 $2,836,000 $32,000
2017 $20,540 $2,758,000 $2,727,000 $31,000
2016 $19,114 $2,524,000 $2,493,000 $31,000
2015 $18,490 $2,287,000 $2,257,000 $30,000
2014 -- $2,114,000 $2,086,000 $28,000
2013 -- $2,185,000 $2,067,000 $118,000
Source: Public Records

Agents Affiliated with this Home

  • Evan Wyman

    Seller's Agent in 2016

    Evan Wyman

    Avenue Properties

    (206) 898-9111

    107 Total Sales

    Evan Wyman
    Section Image

  • J

    Buyer's Agent in 2016

    John Griffith

    HomeSmart Real Estate Assoc

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM954140

Northwest Multiple Listing Service (NWMLS)

APN: 362350-0387

Washington King County Mercer Island 98040 Mercerdale

4041 W Mercer Way, Mercer Island, WA

This home is located at 4041 W Mercer Way, Mercer Island, WA 98040 since 03 June 2016 and is currently estimated at $6,944,131, approximately $1,036 per square foot. 4041 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) 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. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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