Listed by COMPASS, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

4342 E Mercer Way Mercer Island, WA 98040

East Mercer Neighborhood

Estimated Value: $4,447,000 - $7,401,001

5 Beds
1 Bath
4,270 Sq Ft
$1,451/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $5,900,000 $1,382 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $36,023/month

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • Lake View
  • Island Park Elementary School Rated A
  • Docks
  • Cape Cod Architecture

About This Home

As of June 2021

This home is located at 4342 E Mercer Way, Mercer Island, WA 98040 since 18 June 2021 and is currently estimated at $6,195,500, approximately $1,450 per square foot. This property was built in 2015. 4342 E Mercer Way is a home located in King County with nearby schools including Island Park Elementary School, Islander Middle School, and Mercer Island High School.

Last Agent to Sell the Property

Renee McGahan

COMPASS License #119664 Listed on: 06/18/2021

COMPASS

Co-Listed By

Zachary Lazo

COMPASS License #25114

Last Buyer's Agent

Todd Rauch

Windermere Real Estate/East License #20112693

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1794679

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,143

Year Built

  • Built in 2015

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Boathouse
  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Madrona Crest Community

Listing and Financial Details

  • Assessor Parcel Number 0046100052

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,143

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Cape Cod
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Wine Cellar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 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
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 4270
  • Square Footage Finished: 4270

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition, Torch Down
  • View: Lake, Mountain
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 70

Garage/Parking

  • Parking Type: Garage-Attached, K
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Madrona Crest

Schools

  • School District: MIS

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 22324
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 0046100052
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 36911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
May 17, 2021
Sold by
Bahat Omri
Bought by
Bengston Robert A and Bengston Janice Smith
Seller's Agent
Renee McGahan
COMPASS
Buyer's Agent
Todd Rauch
Windermere Real Estate/East
List Price
$5,900,000
Sold Price
$5,900,000
Current Estimated Value
$6,195,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,500
Avg. Annual Appreciation
1.13%

Purchase Details

Listed on
May 29, 2018
Closed on
Aug 3, 2018
Sold by
Bahat Omri and Reck Tara Jayne
Bought by
Bahat Omri
Seller's Agent
Sam Chapin
Engel & Voelkers Mercer Island
Buyer's Agent
Renee McGahan
COMPASS
List Price
$5,495,000
Sold Price
$4,800,000
Premium/Discount to List
-$695,000
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$2,000,001
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2018
Closed on
Aug 1, 2018
Sold by
Otter John S and Otter Molly G
Bought by
Bahat Omri
Seller's Agent
Sam Chapin
Engel & Voelkers Mercer Island
Buyer's Agent
Renee McGahan
COMPASS
List Price
$5,495,000
Sold Price
$4,800,000
Premium/Discount to List
-$695,000
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,001
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2014
Sold by
Otter John S and Otter Molly G
Bought by
John & Molly Otter Family Living Trust and Otter Molly G

Purchase Details

Listed on
Nov 27, 2012
Closed on
Jan 24, 2013
Sold by
Towe Gail V
Bought by
Otter John S and Otter Molly G
Seller's Agent
Stephanie St. Mary
Windermere Real Estate/East
Buyer's Agent
Patricia Wallace
Coldwell Banker Bain
List Price
$2,170,000
Sold Price
$2,170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$1,536,500
Interest Rate
3.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bengston Robert A $5,900,000 Chicago Title Company Of Wa
Bahat Omri -- Fidelity National Title
Bahat Omri $4,800,000 Fidelity National Title
John & Molly Otter Family Living Trust -- None Available
Otter John S $2,170,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bahat Omri $2,000,001
Previous Owner Otter John S $1,536,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $5,900,000 0.0% $1,382 / Sq Ft
06/18/2021 06/18/21 For Sale $5,900,000 +22.9% $1,382 / Sq Ft
08/06/2018 08/06/18 Sold $4,800,000 -12.6% $1,124 / Sq Ft View Prior Sale
06/22/2018 06/22/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $5,495,000 +153.2% $1,287 / Sq Ft
01/30/2013 01/30/13 Sold $2,170,000 0.0% $770 / Sq Ft View Prior Sale
12/06/2012 12/06/12 Pending -- -- --
11/27/2012 11/27/12 For Sale $2,170,000 -- $770 / 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 $43,143 $6,590,000 $2,884,000 $3,706,000
2023 $42,438 $6,189,000 $2,721,000 $3,468,000
2022 $38,084 $6,921,000 $3,061,000 $3,860,000
2021 $36,555 $5,173,000 $2,520,000 $2,653,000
2020 $36,911 $4,568,000 $2,400,000 $2,168,000
2018 $46,315 $5,533,000 $2,243,000 $3,290,000
2017 $40,429 $5,340,000 $2,157,000 $3,183,000
2016 $42,604 $4,969,000 $1,972,000 $2,997,000
2015 $16,866 $5,099,000 $1,785,000 $3,314,000
2014 -- $1,928,000 $1,650,000 $278,000
2013 -- $1,665,000 $1,486,000 $179,000
Source: Public Records

Agents Affiliated with this Home

  • Renee McGahan

    Seller's Agent in 2021

    Renee McGahan

    Avenue Properties

    (425) 922-5991

    1 in this area

    140 Total Sales

    Renee McGahan
    Section Image
  • Zachary Lazo

    Seller Co-Listing Agent in 2021

    Zachary Lazo

    Avenue Properties

    (206) 250-8017

    1 in this area

    89 Total Sales

    Zachary Lazo
    Section Image
  • Todd Rauch

    Buyer's Agent in 2021

    Todd Rauch

    Windermere Corporate

    (206) 790-7229

    1 in this area

    48 Total Sales

    Todd Rauch
    Section Image
  • Karl Lindor

    Buyer Co-Listing Agent in 2021

    Karl Lindor

    Windermere Corporate

    (206) 890-8227

    1 in this area

    181 Total Sales

    Karl Lindor
    Section Image
  • Sam Chapin

    Seller's Agent in 2018

    Sam Chapin

    Engel & Voelkers Mercer Island

    (206) 948-9153

    1 in this area

    53 Total Sales

    Sam Chapin
    Section Image
  • Daniel Gottesman

    Seller Co-Listing Agent in 2018

    Daniel Gottesman

    Engel & Voelkers Mercer Island

    (206) 898-2505

    1 in this area

    64 Total Sales

    Daniel Gottesman
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1794679

Northwest Multiple Listing Service (NWMLS)

APN: 004610-0052

Washington King County Mercer Island 98040 East Mercer

4342 E Mercer Way, Mercer Island, WA

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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