NOT LISTED FOR SALE

4515 W Mercer Way Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $2,294,000 - $2,380,000

4 Beds
2 Baths
2,628 Sq Ft
$889/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $1,330,000 $506 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $14,054/month

30 Days on Market

Highlights

  • RV Access or Parking
  • Lake View
  • Contemporary Architecture
  • Island Park Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2016

Immaculate, 1950's Retro Contemporary Home set well off the road. 1st Time on Market ... Ever! Think the television series 'Mad Men'. Very Large, Totally Useable Property & a Big View of the Olympic Mountains, Lake Washington & even a glimpse of Downtown Seattle. Ask me about view easements. Grandstand Seats for Seafair & the Blue Angels! Perfect opportunity for a Builder to Build a Brand New Luxury Home. Or an Investor to Renovate & 'Flip'. Or Someone to Appreciate it Just the Way It Is!

Last Listed By

Andrea Pirzio-Biroli

John L. Scott, Inc. License #1954 Listed on: 09/03/2016

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1024495

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,140

Year Built

  • Built in 1956

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • West Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 7700100100

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,140

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Disabled Access, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Concrete, Hardwood, Vinyl
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2628
  • Square Footage Finished: 2628

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • View: City, Lake, Mountain

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Hot Water Recirc Pump
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: Basement-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: West Mercer
  • Project: Seward Add

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Number: 18-19
  • Lot Details: Paved Street
  • Lot Sq Ft: 20405
  • Lot Topography Vegetation: Garden Space, Level, Rolling
  • Parcel Number: 7700100100
  • Lot Topography: Garden Space, Level, Rolling

Tax Info

  • Tax Amount: 8190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2016
Closed on
Oct 19, 2016
Sold by
Swan James M and Swan Kathryn C
Bought by
Tao Lijie and Yang Xing
Seller's Agent
Andrea Pirzio-Biroli
John L. Scott, Inc.
Buyer's Agent
Junhan Zhao
WeLakeside
List Price
$1,450,000
Sold Price
$1,330,000
Premium/Discount to List
-$120,000
-8.28%
Total Days on Market
30
Current Estimated Value
$2,337,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,394
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Feb 9, 2013
Sold by
Swan James M
Bought by
Swan James M and Swan Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,100
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2004
Sold by
Berlin J Burton
Bought by
Swan James M

Purchase Details

Closed on
Dec 21, 1989
Sold by
Swan Jessie A
Bought by
Swan James M

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
Tao Lijie $1,330,000 Fidelity Natio
Swan James M -- Fidelity Natio
Swan James M -- --
Swan James M $201,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swan James M $410,100
Previous Owner Swan James M $417,000
Previous Owner Swan James M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $1,330,000 -8.3% $506 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/03/2016 09/03/16 For Sale $1,450,000 -- $552 / 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 $13,140 $2,005,000 $1,691,000 $314,000
2023 $13,221 $1,919,000 $1,596,000 $323,000
2022 $11,821 $2,146,000 $1,796,000 $350,000
2021 $11,847 $1,604,000 $1,479,000 $125,000
2020 $10,744 $1,479,000 $1,409,000 $70,000
2018 $10,426 $1,331,000 $1,154,000 $177,000
2017 $8,805 $1,201,000 $1,044,000 $157,000
2016 $8,190 $1,081,000 $955,000 $126,000
2015 $7,897 $979,000 $865,000 $114,000
2014 -- $902,000 $800,000 $102,000
2013 -- $891,000 $828,000 $63,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2016

    Junhan Zhao

    WeLakeside

    (425) 999-7212

    9 Total Sales

    Junhan Zhao
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1024495

Northwest Multiple Listing Service (NWMLS)

APN: 770010-0100

Washington King County Mercer Island 98040 Forest Avenue

4515 W Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4515 W Mercer Way, Mercer Island, WA 98040 since 03 September 2016 and is currently estimated at $2,337,394, approximately $889 per square foot. This property was built in 1956. 4515 W 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) 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. ©2025 NWMLS.

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