NOT LISTED FOR SALE

4059 85th Ave SE Mercer Island, WA 98040

The Plateau Neighborhood

Estimated Value: $1,577,000 - $2,490,000

5 Beds
3 Baths
3,400 Sq Ft
$643/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $802,000 $236 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $13,255/month

2 Days on Market

About This Home

As of February 2014

Spacious North End home on large 13,500 sq. foot lot with exquisite leveled backyard. Stunning family room with wet bar and oversized laundry. This home is solid and offers charm, coziness & easy entertaining. New paint, refinished hardwood floors, ready for your finishing touches. Covered deck to enjoy year round. Tons of space! 2 car garage & extra parking. Conveniently located close to Luther Burbank Park. Mercer Island High School, Library, Shops & Dining. 1-Yr Home Warranty Included.

Last Listed By

Mary Solorzano

Keller Williams Realty Bothell Listed on: 01/06/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM578702

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$13,532

Year Built

1950

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 3400
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Features: Bath Off Master, Dining Room, Skylights
  • Fireplaces: 2
  • Floor: Hardwood, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Site Features: Cable TV, Deck
  • View: Territorial
  • Lot Topography: Partial Slope

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: PUDGET SOUND ENERGY
  • Sewer: Available
  • Sewer Company: CITY OF MERCER ISLAND
  • Water Company: CITY OF MERCER ISLAND
  • Water Source: Community

Schools

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

Lot Info

  • Lot Dimensions: 13,500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Feb 3, 2014
Sold by
Speyer Scott E and Speyer Alejandra
Bought by
Schreck Michael J and Fischer Leslie J
Seller's Agent
Mary Solorzano
Keller Williams Realty Bothell
Buyer's Agent
Doug McKiernan
Windermere Mercer Island
List Price
$810,000
Sold Price
$802,000
Premium/Discount to List
-$8,000
-0.99%
Total Days on Market
2
Current Estimated Value
$2,187,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,385,313
Original Mortgage
$641,600
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2006
Sold by
Walsh James A
Bought by
Speyer Scott E and Speyer Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 1, 2004
Sold by
Walsh James A
Bought by
Walsh James A

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
Schreck Michael J $802,000 First American
Speyer Scott E $820,000 Chicago Title
Walsh James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreck Leslie J $557,000
Closed Schreck Leslie J $624,000
Closed Schreck Michael J $641,600
Previous Owner Speyer Scott E $40,299
Previous Owner Speyer Scott E $656,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2014 02/27/14 Sold $802,000 -1.0% $236 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $810,000 -- $238 / 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 $13,532 $2,065,000 $1,231,000 $834,000
2023 $13,366 $1,940,000 $1,162,000 $778,000
2022 $11,652 $2,170,000 $1,308,000 $862,000
2021 $11,183 $1,581,000 $1,077,000 $504,000
2020 $11,336 $1,396,000 $1,026,000 $370,000
2018 $8,597 $1,404,000 $867,000 $537,000
2017 $7,260 $990,000 $784,000 $206,000
2016 $6,753 $891,000 $717,000 $174,000
2015 $6,507 $807,000 $649,000 $158,000
2014 -- $743,000 $600,000 $143,000
2013 -- $720,000 $538,000 $182,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Solorzano

    Keller Williams Realty Bothell

  • Gina Guajardo

    Seller Co-Listing Agent in 2014

    Gina Guajardo

    Real Estate Collection

    (425) 286-5070

    70 Total Sales

    Gina Guajardo
    Section Image
  • Doug McKiernan

    Buyer's Agent in 2014

    Doug McKiernan

    Windermere Corporate

    (206) 369-3949

    2 in this area

    49 Total Sales

    Doug McKiernan
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM578702

Northwest Multiple Listing Service (NWMLS)

APN: 545030-0095

Washington King County Mercer Island 98040 The Plateau

4059 85th Ave SE, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4059 85th Ave SE, Mercer Island, WA 98040 since 06 January 2014 and is currently estimated at $2,187,313, approximately $643 per square foot. This property was built in 1950. 4059 85th Ave SE is a home located in King County with nearby schools including Northwood 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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