NOT LISTED FOR SALE

4412 W Mercer Way Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $1,455,000 - $1,863,368

3 Beds
2 Baths
1,500 Sq Ft
$1,169/Sq Ft Est. Value

Last Sold March 14, 2017

Last sale price $1,005,000 $670 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $10,386/month

About This Home

As of March 2017

Mid Century Modern house in great location facing SW w/partial lake views. So much potential to make this house a wonderful home. Beautiful yard w/large patio and nice landscaping. Spacious living room w/hardwood floors under carpet, vaulted ceilings, large picture windows, and a deck looking out to a nice view. Master w/vaulted ceilings and bath. Basement is unfinished- room for another bedroom, large family room and plumbed for a bathroom w/ shower. Great opportunity to live on the island.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Feb 24, 2017
Sold by
Harris Marilyn G
Bought by
Wilson Reid Colin Cambell and Flores Nicole
Seller's Agent
Jani Spencer
COMPASS
Buyer's Agent
James Laurie
Coldwell Banker Bain
List Price
$885,000
Sold Price
$1,005,000
Premium/Discount to List
$120,000
13.56%
Current Estimated Value
$1,753,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,592
Avg. Annual Appreciation
7.19%
Original Mortgage
$804,000
Outstanding Balance
$659,916
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,132,339

Purchase Details

Closed on
May 9, 2000
Sold by
Elberson Leslie R
Bought by
Lumpkin Thomas A

Purchase Details

Closed on
Aug 25, 1999
Sold by
Bosko John and Bosko Helen J
Bought by
Bosko John and Bosko Helen J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wilson Reid Colin Cambell $1,005,000 First American
Lumpkin Thomas A -- --
Bosko John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Reid Colin Cambell $804,000
Previous Owner Bosko Helen J $400,000
Previous Owner Bosko Helen $325,000
Previous Owner Bosko Helen $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2017 03/14/17 Sold $1,005,000 +13.6% $670 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $885,000 -- $590 / Sq Ft

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 $8,415 $1,283,000 $999,000 $284,000
2023 $8,467 $1,228,000 $943,000 $285,000
2022 $7,575 $1,374,000 $1,061,000 $313,000
2021 $7,592 $1,027,000 $874,000 $153,000
2020 $6,498 $947,000 $833,000 $114,000
2018 $6,308 $804,000 $641,000 $163,000
2017 $5,511 $726,000 $580,000 $146,000
2016 $5,133 $676,000 $531,000 $145,000
2015 $4,951 $613,000 $481,000 $132,000
2014 -- $565,000 $445,000 $120,000
2013 -- $541,000 $449,000 $92,000
Source: Public Records

Agents Affiliated with this Home

  • Jani Spencer

    Seller's Agent in 2017

    Jani Spencer

    COMPASS

    (206) 499-5810

    90 Total Sales

    Jani Spencer
    Section Image
  • Ashley Duppong

    Seller Co-Listing Agent in 2017

    Ashley Duppong

    COMPASS

    (425) 457-4006

    16 Total Sales

    Ashley Duppong
    Section Image

  • J

    Buyer's Agent in 2017

    James Laurie

    Coldwell Banker Bain

    Section Image
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Map

Washington King County Mercer Island 98040 Forest Avenue

4412 W Mercer Way, Mercer Island, WA

This home is located at 4412 W Mercer Way, Mercer Island, WA 98040 and is currently estimated at $1,753,592, approximately $1,169 per square foot. 4412 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.

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.

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