Enjoy a resort lifestyle from this spacious & sunny 5 BDR traditional on Mercer Island's coveted North End-just steps to Shore Club amenities. Gleaming hardwood floors, a bright gourmet kitchen & thoughtful living spaces have all been meticulously updated. A dream commute awaits w/ easy freeway access to Seattle or Bellevue. Over-sized bedrooms, enormous lower recreation level & partial Mt. Rainier & lake views. Award winning schools & an incredible value to enjoy all the Island has to offer!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1449803
Home Details
Home Type
Single Family
Est. Annual Taxes
$13,192
Year Built
Built in 1954
Lot Details
Partially Fenced Property
Level Lot
Sprinkler System
Garden
Parking
Attached Garage
Property Views
Lake
Mountain
Territorial
Limited
Home Design
Traditional Architecture
Brick Exterior Construction
Poured Concrete
Composition Roof
Cement Board or Planked
Interior Spaces
1 Bathroom
1 Fireplace
Finished Basement
Natural lighting in basement
Flooring
Wood
Wall to Wall Carpet
Ceramic Tile
Outdoor Features
Deck
Utilities
Propane
High Speed Internet
Cable TV Available
Community Details
Mercerwood Community
Listing and Financial Details
Assessor Parcel Number 5456000455
Home Details
Home Type
Single Family
Est. Annual Taxes
$13,192
Year Built
Built in 1954
Lot Details
0
Listing Details
Property Type: Residential
Style: 18 - 2 Stories W/Bsmnt
Architecture: Traditional
Building Information: Built On Lot
Entrance Level: Main
Year Built: 1954
Special Features: None
Property Sub Type: Detached
Interior Features
Features: Wet Bar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Walk In Pantry, Walk-In Closet
Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
Bedrooms: 5.00
Main Floor Bedrooms: 1
Lower Level Bedroom: 1
Bathrooms: 4.25
Total Full Bathrooms: 3
Three Quarter Bathrooms: 1
Three Quarter Bathrooms: 1
Total Half Bathrooms: 1
Main Level Full Bathrooms: 1
Three Quarter Bathrooms Lower: 1
Main Half Bathrooms: 1
Master Bedroom: Upper
Fireplaces: 1
Fireplaces Main: 1
Basement: Daylight, Fully Finished
Den or Office: Main
Dining Room: Main
Extra Finished Room: Lower
Family Room: Main
Living Room: Main
Recreation Room: Lower
Kitchen w/ Eating Area: Main
Estimated Sq Ft: 5370
Exterior Features
Exterior: Brick, Cement Planked
Foundation: Poured Concrete
Roof: Composition
View: Lake, Mountain, Partial, Territorial
Garage/Parking
Parking Type: Garage-Attached
Total Covered Parking: 2
Utilities
Heating And Cooling: Forced Air, Radiant
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: City of Mercer Island
Water Company: City of Mercer Island
Water Source: Public
Condo/Co-op/Association
Community Name: Mercerwood
Project: Mercer Wood Add
Schools
Elementary School: Northwood Elem
Middle School: Islander Mid
High School: Mercer Isl High
School District: MIS
Lot Info
Lot Number: 6
Lot Details: Paved Street
Lot Sq Ft: 7984
Lot Topography Vegetation: Garden Space, Level, Partial Slope
Parcel Number: 5456000455
Lot Topography: Garden Space, Level, Partial Slope
Tax Info
Tax Amount: 12880
Ownership History
DateNameOwned ForOwner Type
Sep 2019 - PresentWoare Matthew G and Woare Elizabeth J5 Years and 9 Months
Private Individual
Purchase Details
Listed on
May 3, 2019
Closed on
Sep 12, 2019
Sold by
Gallup Donald J and Gallup Jane R A
Bought by
Woare Matthew G and Woare Elizabeth J
Seller's Agent
Kelly Weisfield
COMPASS
List Price
$1,898,000
Sold Price
$1,841,000
Premium/Discount to List
-$57,000
-3%
Current Estimated Value
$3,032,650
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,191,650
Avg. Annual Appreciation
9.00%
Original Mortgage
$1,301,000
Outstanding Balance
$1,154,127
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,878,523
Apr 1997 - Sep 2019Gallup Donald J and Gallup Jane R A22 Years and 5 Months
Private Individual
Purchase Details
Closed on
Apr 11, 1997
Sold by
Wu Shiao Yen and Grether Stephen F
Bought by
Gallup Donald J and Gallup Jane R A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,550
Interest Rate
7.86%
Jan 1993 - Apr 1997Wu Shiao-Yen- and Grethe Steve4 Years and 3 Months
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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
Woare Matthew G
$1,841,000
Fidelity National Title
Gallup Donald J
$358,200
Evergreen Title Company Inc
Wu Shiao-Yen-
$204,400
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Woare Matthew G
$1,301,000
Previous Owner
Gallup Jane R A
$842,000
Previous Owner
Gallup Donald J
$295,301
Previous Owner
Gallup Donald J
$567,500
Previous Owner
Gallup Donald J
$874,000
Previous Owner
Gallup Donald J
$250,000
Previous Owner
Gallup Donald J
$617,000
Previous Owner
Gallup Donald J
$223,500
Previous Owner
Gallup Donald J
$297,391
Previous Owner
Gallup Donald J
$286,550
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
09/12/201909/12/19
Sold
$1,841,000
-3.0%
$343 / Sq Ft
08/13/201908/13/19
Pending
--
--
--
05/03/201905/03/19
For Sale
$1,898,000
--
$353 / Sq Ft
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 4241 E Mercer Way, Mercer Island, WA 98040 since 03 May 2019 and is currently estimated at $3,032,650, approximately $564 per square foot. This property was built in 1954. 4241 E Mercer Way is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.
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