4045 W Mercer Way Mercer Island, WA 98040
Mercerdale NeighborhoodHighlights
- Low Bank Waterfront Property
- Lake View
- Level Lot
- West Mercer Elementary School Rated A
About This Lot
As of March 2025You found it! Unmatched opportunity to build on Mercer Island’s Gold Coast for the most discerning buyer. 100’ of low bank, west-facing waterfront w/ new private & exclusive dock. The perfect canvas to build a legacy home. Enjoy sweeping views from the city of Seattle to south of Seward Park. 50-yard-line sights of Blue Angels, jaw-dropping sunsets and all Lake WA has to offer. A rare chance to own one of the few remaining parcels on one of the most sought-after stretches of MI coastline.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1686117
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,776
Year Built
- 1942
Lot Details
- Low Bank Waterfront Property
- Street terminates at a dead end
- Level Lot
Property Views
- Lake
- City
- Mountain
- Territorial
Community Details
- West Mercer Community
Listing and Financial Details
- Assessor Parcel Number 3623500395
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $6,125,000 | Chicago Title | |
| Quit Claim Deed | $313 | None Listed On Document | |
| Warranty Deed | $4,300,000 | Fidelity National Title | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Ticor National | |
| Bargain Sale Deed | $600,000 | Accommodation | |
| Trustee Deed | $1,600,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $525,000 | Transnation Ti | |
| Warranty Deed | $200,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $370,000 | Stand Alone Second | |
| Previous Owner | $1,590,000 | Credit Line Revolving | |
| Previous Owner | $1,345,000 | Unknown | |
| Previous Owner | $10,000 | Unknown | |
| Previous Owner | $614,464 | Unknown | |
| Previous Owner | $18,400 | Unknown | |
| Previous Owner | $310,000 | Purchase Money Mortgage | |
| Previous Owner | $130,000 | Unknown | |
| Previous Owner | $70,000 | Unknown | |
| Closed | $50,000 | No Value Available |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $6,125,000 | 0.0% | $2,188 / Sq Ft |
| 03/05/2025 03/05/25 | For Sale | $6,125,000 | +42.4% | $2,188 / Sq Ft |
| 01/07/2021 01/07/21 | Sold | $4,300,000 | -4.4% | $1,536 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 11/04/2020 11/04/20 | For Sale | $4,500,000 | -- | $1,607 / Sq Ft |
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 | $20,776 | $3,172,000 | $3,127,000 | $45,000 |
| 2023 | $20,610 | $2,993,000 | $2,950,000 | $43,000 |
| 2022 | $20,423 | $3,367,000 | $3,319,000 | $48,000 |
| 2021 | $16,654 | $2,773,000 | $2,732,000 | $41,000 |
| 2020 | $5,913 | $2,080,000 | $2,029,000 | $51,000 |
| 2018 | $6,143 | $732,000 | $631,000 | $101,000 |
| 2017 | $5,365 | $707,000 | $607,000 | $100,000 |
| 2016 | $4,707 | $658,000 | $555,000 | $103,000 |
| 2015 | $4,541 | $562,000 | $503,000 | $59,000 |
| 2014 | -- | $518,000 | $465,000 | $53,000 |
| 2013 | -- | $532,000 | $480,000 | $52,000 |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1686117
APN: 362350-0395
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.
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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