NOT LISTED FOR SALE

4118 Island Crest Way Mercer Island, WA 98040

The Plateau Neighborhood

Estimated Value: $1,675,000 - $2,214,212

5 Beds
4 Baths
3,020 Sq Ft
$671/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $900,000 $298 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $12,196/month

1 Day on Market

About This Home

As of June 2014

Move right in! Bright & beautifully remodeled home features designer finishes, hardwoods & great layout. Gather in open living/dining areas & family room w/entertaining bar. Adjacent island-style open kitchen offers slab granite, stainless appliances & walk-in pantry. French doors lead to a peaceful backyard w/sunny deck, patio, veggie garden & play lawn. 2 bedrooms on main plus 3 up (each w/walk-in closets) provide flex-space for guests or an office. Stroll to library & award-winning schools!

Last Listed By

Lisa Dong

Windermere Mercer Island License #107394 Listed on: 05/21/2014

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM638312

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$11,608

Year Built

1952

Lot Details

0

Listing Details

  • Condition: Remodeled
  • Sq Ft Finished: 3020
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Features: Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 1
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Garage-Electric

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Concrete Block, Slab
  • Roof: Composition
  • Site Features: Cable TV, Deck, Full Fence, Natural Gas Available, High Speed Internet

Garage/Parking

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

Utilities

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

Schools

  • School District: MIS
  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Jun 18, 2014
Sold by
Shi Ming and Shi Claire
Bought by
Leung Ryan N and Louie Debbie G
Seller's Agent
Lisa Dong
Windermere Mercer Island
Buyer's Agent
Ev Winningham
Realogics Sotheby's Int'l Rlty
List Price
$900,000
Sold Price
$900,000
Total Days on Market
1
Current Estimated Value
$2,025,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,125,303
Avg. Annual Appreciation
8.78%
Original Mortgage
$500,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2008
Sold by
Cartus Financial Corporation
Bought by
Shi Ming and Wu Yanting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2008
Sold by
Gelb Cynthia L and Gelb Robert J
Bought by
Cartus Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1999
Sold by
Katib Sam H
Bought by
Gelb Robert J and Gelb Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,600
Interest Rate
6.96%

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
Leung Ryan N $900,000 Fidelity Natio
Shi Ming $590,000 First American
Cartus Financial Corp $560,000 First American
Gelb Robert J $299,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Ryan N $435,000
Closed Leung Ryan N $500,000
Previous Owner Shi Ming $380,000
Previous Owner Shi Ming $393,000
Previous Owner Shi Ming $400,000
Previous Owner Shi Ming $355,000
Previous Owner Shi Ming $410,000
Previous Owner Shi Ming $417,000
Previous Owner Shi Ming $417,000
Previous Owner Gelb Robert J $513,000
Previous Owner Gelb Robert $500,000
Previous Owner Gelb Robert J $142,000
Previous Owner Gelb Cynthia L $168,000
Previous Owner Gelb Robert J $239,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $900,000 0.0% $298 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $900,000 -- $298 / 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 $11,608 $1,771,000 $1,001,000 $770,000
2023 $11,680 $1,695,000 $945,000 $750,000
2022 $10,445 $1,896,000 $1,064,000 $832,000
2021 $10,472 $1,417,000 $876,000 $541,000
2020 $10,902 $1,307,000 $835,000 $472,000
2018 $9,767 $1,350,000 $684,000 $666,000
2017 $8,529 $1,125,000 $619,000 $506,000
2016 $7,940 $1,047,000 $566,000 $481,000
2015 $7,652 $949,000 $513,000 $436,000
2014 -- $874,000 $475,000 $399,000
2013 -- $630,000 $422,000 $208,000
Source: Public Records

Agents Affiliated with this Home

  • Lisa Dong

    Seller's Agent in 2014

    Lisa Dong

    Windermere Corporate

    (206) 458-3942

    Section Image
  • Ev Winningham

    Buyer's Agent in 2014

    Ev Winningham

    Reaologics Sothebys International Realty

    (425) 765-8889

    52 Total Sales

    Ev Winningham
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM638312

Northwest Multiple Listing Service (NWMLS)

APN: 545030-0020

Washington King County Mercer Island 98040 The Plateau

4118 Island Crest Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4118 Island Crest Way, Mercer Island, WA 98040 since 21 May 2014 and is currently estimated at $2,025,303, approximately $670 per square foot. This property was built in 1952. 4118 Island Crest Way 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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