NOT LISTED FOR SALE

4525 Ferncroft Rd Mercer Island, WA 98040

East Mercer Neighborhood

Estimated Value: $1,649,000 - $2,244,000

4 Beds
3 Baths
2,970 Sq Ft
$693/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $890,000 $300 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $12,442/month

62 Days on Market

About This Home

As of November 2014

"A Stream Runs Through It" NW Contemporary retreat features soaring ceilings, clerestory windows & skylights for plenty of light & lush views. Gather w/friends, kick back in the huge rec room or simply relax & savor the solitude. Master ste has a fireplace, sauna, soaking tub & adjacent den/loft. Carefully selected NW native plants, along w/bridges crossing a babbling brook, enhances the sylvan setting. Step into this nature-lover's paradise & let it soothe your cares away! lots of parking

Last Listed By

Allen Hovsepian

Windermere Mercer Island License #9082 Listed on: 08/12/2014

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM680732

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$12,387

Year Built

1977

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 2970
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplaces: 3
  • Basement: Fully Finished
  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, Loft, Sauna, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 3
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Garage-Gas

Exterior Features

  • Roof: Composition, Torch Down
  • Exterior: Wood
  • Foundation: Poured Concrete, Slab
  • Lot Details: Cul-de-sac, Dead End Street, Paved Street
  • Roof: Composition, Torch Down
  • Site Features: Cable TV, Deck, Natural Gas Available, High Speed Internet
  • View: Territorial
  • Waterfront: Creek
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Wooded

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2018
Sold by
Shaw Barry W and Shaw Suzanne B
Bought by
Shaw Suzanne B
Total Days on Market
62
Current Estimated Value
$2,058,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2014
Closed on
Oct 31, 2014
Sold by
National Residential Nominee Services In
Bought by
Shaw Barry W and Beal Suzanne B
Seller's Agent
Allen Hovsepian
Windermere Mercer Island
Buyer's Agent
Tamara Marson
Windermere Real Estate Midtown
List Price
$940,000
Sold Price
$890,000
Premium/Discount to List
-$50,000
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$506,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2014
Closed on
Oct 15, 2014
Sold by
Doulatshahi Farshad T and Doulatshahi Paulette B
Bought by
National Residential Nominee Services In
Seller's Agent
Allen Hovsepian
Windermere Mercer Island
Buyer's Agent
Tamara Marson
Windermere Real Estate Midtown
List Price
$940,000
Sold Price
$890,000
Premium/Discount to List
-$50,000
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2000
Sold by
Hume Jack and Hume Bonnie
Bought by
Doulatshahi Farshad T and Doulatshahi Paulette B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
8.2%

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 Buyer Sale Price Title Company
Shaw Suzanne B -- Rainier Title
Shaw Barry W $890,000 Fidelity Natio
National Residential Nominee Services In $890,000 Fidelity Natio
Doulatshahi Farshad T $530,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Suzanne B $400,000
Closed Shaw Suzanne B $250,000
Closed Shaw Suzanne B $365,500
Closed Shaw Suzanne B $250,000
Closed Shaw Suzanne B $260,000
Closed Shaw Barry W $100,000
Closed Shaw Barry W $501,500
Closed Shaw Barry W $506,000
Previous Owner Doulatshahi Farshad T $225,000
Previous Owner Doulatshahi Farshad T $200,000
Previous Owner Doulatshahi Farshad T $372,609
Previous Owner Doulatshahi Farshad T $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2014 11/13/14 Sold $890,000 -1.1% $300 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
09/26/2014 09/26/14 Price Changed $900,000 -4.3% $303 / Sq Ft
08/12/2014 08/12/14 For Sale $940,000 -- $316 / 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 $12,387 $1,890,000 $1,258,000 $632,000
2023 $12,465 $1,809,000 $1,187,000 $622,000
2022 $10,776 $2,024,000 $1,336,000 $688,000
2021 $10,592 $1,462,000 $1,100,000 $362,000
2020 $10,239 $1,322,000 $1,048,000 $274,000
2018 $10,635 $1,268,000 $869,000 $399,000
2017 $8,984 $1,225,000 $786,000 $439,000
2016 $8,357 $1,103,000 $719,000 $384,000
2015 $8,055 $999,000 $651,000 $348,000
2014 -- $920,000 $602,000 $318,000
2013 -- $730,000 $546,000 $184,000
Source: Public Records

Agents Affiliated with this Home

  • Allen Hovsepian

    Seller's Agent in 2014

    Allen Hovsepian

    Windermere Corporate

    (206) 718-6500

    25 Total Sales

    Allen Hovsepian
    Section Image
  • Tamara Marson

    Buyer's Agent in 2014

    Tamara Marson

    Windermere Corporate

    (206) 650-6346

    89 Total Sales

    Tamara Marson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM680732

Northwest Multiple Listing Service (NWMLS)

APN: 003300-0070

Washington King County Mercer Island 98040 East Mercer

4525 Ferncroft Rd, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4525 Ferncroft Rd, Mercer Island, WA 98040 since 12 August 2014 and is currently estimated at $2,058,073, approximately $692 per square foot. This property was built in 1977. 4525 Ferncroft Rd 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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