Listed by Windermere Real Estate/East, Bought with Coldwell Banker Bain
$2,170,000
SOLD JAN 30, 2013

4342 E Mercer Way Mercer Island, WA 98040

East Mercer Neighborhood
4 Beds
3 Baths
2,820 Sq Ft
0.5 Acres

Recently Sold

$770 Per Sq Ft

9 Days on Market

About This Home

As of June 2021

Come quickly! This is the waterfront you've waited for. Level, sunny and full of promise. Well maintained 2 story contemporary beach house with main floor master and den. Move in ready with only personal updates needed. 70' feet of nearly level grass and gardens. Wide open casual spaces, private patio and fabulous deck built at the waters' edge - relax and enjoy the views! Charming shingled boat house accommodates 21' (+-) boat. 3BR and bonus rm up. Don't miss this opportunity!

Last Agent to Sell the Property

Stephanie St. Mary

Windermere Real Estate/East License #33451 Listed on: 11/27/2012

Windermere Real Estate/East

Co-Listed By

Jane Jelinek Harrison

Coldwell Banker Bain License #15207

Last Buyer's Agent

Patricia Wallace

Coldwell Banker Bain License #36057

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM426652

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$43,143

Year Built

1956

Lot Details

0

Listing Details

  • Condition: Remodeled
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Features: Bath Off Master, Double Pane/Storm Window, Disabled Access, High Tech Cabling
  • Fireplaces: 1
  • Floor: Hardwood, Wall to Wall Carpet
  • Water Heater Location: Gas

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition, Torch Down
  • Site Features: Boat House, Cable TV, Deck, Disabled Access, Dock, Natural Gas Available, High Speed Internet, Moorage, Patio
  • View: Golf Course, Lake, Mountain
  • Waterfront: Low Bank, Bulkhead
  • Waterfront Frontage: 70'

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Spaces: 2

Utilities

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Water Company: City of MI
  • Water Source: Public

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
$7,115,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,215,149
Avg. Annual Appreciation
3.40%

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
9.53%
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
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 Type Sale Price Title Company
Warranty Deed $5,900,000 Chicago Title Company Of Wa
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $4,800,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $2,170,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,980,000 New Conventional
Previous Owner $2,000,001 New Conventional
Previous Owner $550,000 Credit Line Revolving
Previous Owner $1,536,500 New Conventional
Previous Owner $1,309,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    146 Total Sales

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  • Zachary Lazo

    Seller Co-Listing Agent in 2021

    Zachary Lazo

    Avenue Properties

    (206) 250-8017

    1 in this area

    93 Total Sales

    Section Image
  • Todd Rauch

    Buyer's Agent in 2021

    Todd Rauch

    Windermere Corporate

    (206) 790-7229

    1 in this area

    45 Total Sales

    Section Image
  • Karl Lindor

    Buyer Co-Listing Agent in 2021

    Karl Lindor

    Windermere Corporate

    (206) 890-8227

    1 in this area

    191 Total Sales

    Section Image
  • Sam Chapin

    Seller's Agent in 2018

    Sam Chapin

    Engel & Voelkers Mercer Island

    (206) 948-9153

    1 in this area

    52 Total Sales

    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

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM426652

Northwest Multiple Listing Service (NWMLS)

APN: 004610-0052

Washington King County Mercer Island 98040 East Mercer

4342 E Mercer Way, Mercer Island, WA

This home is located at 4342 E Mercer Way, Mercer Island, WA 98040 and is currently priced at $2,170,000, approximately $769 per square foot. This property was built in 1956. 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.

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) 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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