Mercer Island Stunning New Construction. Luxury finishes throughout! Gorgeous details & perfect floorplan. Upon entering the front door you'll be impressed by the tall ceilings. Features include; Chef’s kitchen w/professional appliances & large island, Extravagant Master suite, Carrera Marble-clad master bath w/enormous shower, soaking tub, & heated floors. Office/Guest room, & full bath on main floor. Entertainment room w/bar. Smart Wi-Fi features. Covered patio. 4 car garage w/E-car wired.
Heating And Cooling: Central A/C, Forced Air, Radiant, 90%+ High Efficiency, Hot Water Recirc Pump, Tankless Water Heater
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: City of Mercer Island
Water Company: City of Mercer Island
Water Heater: Mechanical Room-Tankless Gas
Water Source: Public
Condo/Co-op/Association
Community Name: North End
Project: HARRY WHITES PLAT
Schools
Elementary School: West Mercer Elem
Middle School: Islander Mid
High School: Mercer Isl High
School District: MIS
Lot Info
Lot Number: 14
Lot Details: Paved Street
Lot Sq Ft: 10474
Lot Topography Vegetation: Level, Partial Slope
Parcel Number: 3623500185
Zoning Code: R15
Zoning Jurisdiction: City
Lot Topography: Level, Partial Slope
Tax Info
Tax Amount: 5662
Ownership History
DateNameOwned ForOwner Type
Dec 2019 - PresentDai Chen and Chu Wenwen5 Years and 5 Months
Private Individual
Purchase Details
Listed on
Jun 15, 2019
Closed on
Dec 16, 2019
Sold by
4198 W Mercer Way Llc
Bought by
Dai Chen and Chu Wenwen
Seller's Agent
Vitaly Veresko
TEC Real Estate Inc.
Buyer's Agent
Jamie Lin
Real Broker LLC
List Price
$2,249,000
Sold Price
$2,239,000
Premium/Discount to List
-$10,000
-0.44%
Total Days on Market
157
Current Estimated Value
$3,134,779
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,779
Avg. Annual Appreciation
6.43%
Original Mortgage
$1,757,319
Interest Rate
3.25%
Mortgage Type
New Conventional
Sep 2017 - Dec 20194198 W Mercer Way Llc2 Years and 3 Months
Company
Purchase Details
Closed on
Sep 14, 2017
Sold by
Chan Alan H and Chan Susan L
Bought by
4198 W Mercer Way Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
3.93%
Feb 2009 - Sep 2017Chan Alan H and Chan Susan L8 Years and 7 Months
Private Individual
Purchase Details
Closed on
Feb 25, 2009
Sold by
Johnson Robert E and Olaughlin Noreen
Bought by
Chan Alan H and Chan Susan L
Nov 1998 - Feb 2009Johnson Robert E and Olaughlin Noreen10 Years and 3 Months
Private Individual
Purchase Details
Closed on
Nov 5, 1998
Sold by
Johnson Leona N
Bought by
Johnson Robert E and Olaughlin Noreen
Range of Values:
Collateral Analytics
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 4198 W Mercer Way, Mercer Island, WA 98040 since 15 June 2019 and is currently estimated at $3,134,779, approximately $783 per square foot. This property was built in 2019. 4198 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.
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