Seller's Agent in 2019
Vitaly Veresko
TEC Real Estate Inc.
(425) 444-1855
7 Total Sales
4198 W Mercer Way Mercer Island, WA 98040
Mercerdale NeighborhoodEstimated Value: $2,740,000 - $3,611,580
5
Beds
4
Baths
4,002
Sq Ft
$816/Sq Ft
Est. Value
Highlights
- Lake View
- Wood Flooring
- 2 Fireplaces
- West Mercer Elementary School Rated A
- Modern Architecture
- Attached Garage
About This Home
As of December 2019Mercer 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.
Last Agent to Sell the Property
TEC Real Estate Inc. License #2411 Listed on: 06/15/2019
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1474300
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,465
Year Built
- Built in 2019
Lot Details
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Property is zoned R15
Parking
- Attached Garage
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Modern Architecture
- Slab Foundation
- Poured Concrete
- Composition Roof
- Cement Board or Planked
- Stucco
- Wood Composite
- Stone
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Additional Features
- 2 Fireplaces
- Patio
- Finished Basement
Community Details
- North End Community
Listing and Financial Details
- Assessor Parcel Number 3623500185
Ownership History
Date
Name
Owned For
Owner Type
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,145
Avg. Annual Appreciation
6.22%
Original Mortgage
$1,757,319
Interest Rate
3.25%
Mortgage Type
New Conventional
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%
Purchase Details
Closed on
Feb 25, 2009
Sold by
Johnson Robert E and Olaughlin Noreen
Bought by
Chan Alan H and Chan Susan L
Purchase Details
Closed on
Nov 5, 1998
Sold by
Johnson Leona N
Bought by
Johnson Robert E and Olaughlin Noreen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dai Chen | $2,239,000 | Old Republic Title Ltd | |
| 4198 W Mercer Way Llc | $975,000 | Chicago Title | |
| Chan Alan H | $380,000 | Rainier Title | |
| Johnson Robert E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dai Chen | $1,710,000 | |
| Closed | Dai Chen | $1,757,319 | |
| Previous Owner | 4198 W Mercer Way Llc | $1,550,000 | |
| Previous Owner | 4198 W Mercer Way Llc | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2019 12/18/19 | Sold | $2,239,000 | -0.4% | $559 / Sq Ft |
| 12/02/2019 12/02/19 | For Sale | $2,249,000 | +0.4% | $562 / Sq Ft |
| 12/01/2019 12/01/19 | Off Market | $2,239,000 | -- | -- |
| 11/19/2019 11/19/19 | Pending | -- | -- | -- |
| 09/13/2019 09/13/19 | Price Changed | $2,249,000 | -2.1% | $562 / Sq Ft |
| 09/03/2019 09/03/19 | For Sale | $2,298,000 | +2.6% | $574 / Sq Ft |
| 08/31/2019 08/31/19 | Off Market | $2,239,000 | -- | -- |
| 07/30/2019 07/30/19 | Price Changed | $2,298,000 | -3.8% | $574 / Sq Ft |
| 07/09/2019 07/09/19 | Price Changed | $2,388,000 | -2.5% | $597 / Sq Ft |
| 06/21/2019 06/21/19 | Price Changed | $2,448,000 | -1.6% | $612 / Sq Ft |
| 06/15/2019 06/15/19 | For Sale | $2,488,000 | -- | $622 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $17,465 | $2,666,000 | $1,009,000 | $1,657,000 |
| 2023 | $17,511 | $2,552,000 | $952,000 | $1,600,000 |
| 2022 | $15,714 | $2,854,000 | $1,071,000 | $1,783,000 |
| 2021 | $15,751 | $2,133,000 | $882,000 | $1,251,000 |
| 2020 | $16,964 | $1,967,000 | $840,000 | $1,127,000 |
| 2018 | $5,675 | $2,102,000 | $722,000 | $1,380,000 |
| 2017 | $4,868 | $653,000 | $653,000 | $0 |
| 2016 | $4,532 | $597,000 | $597,000 | $0 |
| 2015 | $4,383 | $541,000 | $541,000 | $0 |
| 2014 | -- | $500,000 | $500,000 | $0 |
| 2013 | -- | $355,000 | $355,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Vitaly Veresko
-
Jamie Lin
J
Buyer's Agent in 2019
Jamie Lin
Real Broker LLC
31 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1474300
APN: 362350-0185
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Based on information submitted to the MLS GRID
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