Seller's Agent in 2021
Tere Foster
COMPASS
(425) 637-8373
3 in this area
411 Total Sales
Listed by Coldwell Banker Bain, Bought with John L. Scott, Inc.
4525 W Mercer Way Mercer Island, WA 98040
Forest Avenue Neighborhood
0.65
Acre
$2,106,462
Price per Acre
28,314
Sq Ft Lot
About This Lot
As of August 2021Presenting an absolutely beautiful, romantic piece of premier, Westside view property on Mercer Island! Property features approximately 28,174 sq' of level land with the homestead cottage built in 1927. Build your dream home and capture the views of Lake Washington, Seward Park and the Seattle skyline. Water, sewer and power are on the property. Bring your builder & architect as the privacy and serenity of this property are a rare find.
Last Agent to Sell the Property
Molly Penny
Coldwell Banker Bain License #38547 Listed on: 09/07/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1024070
Property Details
Property Type
- Land
Est. Annual Taxes
- $31,692
Property Views
- Lake
- City
Community Details
- Westside Community
Listing and Financial Details
- Assessor Parcel Number 7700100110
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2024
Sold by
Hedberg Justin
Bought by
Wilt Alisha
Current Estimated Value
Purchase Details
Listed on
May 20, 2021
Closed on
Jul 16, 2021
Sold by
Dubey Abhijit and Vege Anupama
Bought by
Hedberg Justin and Wilt Alisha
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Wesley Jones
Keller Williams Rlty Bellevue
List Price
$5,275,000
Sold Price
$5,200,000
Premium/Discount to List
-$75,000
-1.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$3,900,000
Interest Rate
2.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 21, 2019
Closed on
Jun 19, 2019
Sold by
Rkk Construction
Bought by
Dubey Abhijit and Vege Anupama
Seller's Agent
Lori Holden
John L. Scott, Inc.
Buyer's Agent
John Madrid
Realogics Sotheby's Int'l Rlty
List Price
$4,350,000
Sold Price
$4,350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$3,262,500
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 7, 2016
Closed on
Oct 14, 2016
Sold by
University Of Idaho Foundation Inc
Bought by
Rkk Construction
Seller's Agent
Molly Penny
Coldwell Banker Bain
Buyer's Agent
Lori Holden
John L. Scott, Inc.
List Price
$1,250,000
Sold Price
$1,369,200
Premium/Discount to List
$119,200
9.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.93%
Original Mortgage
$890,500
Interest Rate
3.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 30, 2016
Sold by
Berlin J Burton
Bought by
University Of Idaho Foundation Inc
Purchase Details
Closed on
Dec 21, 2010
Sold by
Berlin J Burton
Bought by
University Of Idaho Foundation Inc
Purchase Details
Closed on
Aug 12, 2004
Sold by
Swan James M
Bought by
Berlin J Burton
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $313 | None Listed On Document | |
| Warranty Deed | $5,200,000 | First American Title | |
| Warranty Deed | $4,350,000 | Fidelity National Title | |
| Warranty Deed | $1,369,200 | Chicago Title | |
| Gift Deed | -- | None Available | |
| Gift Deed | -- | First American | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,900,000 | New Conventional | |
| Previous Owner | $3,262,500 | New Conventional | |
| Previous Owner | $2,610,400 | Construction | |
| Previous Owner | $890,500 | Commercial | |
| Previous Owner | $890,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2021 08/04/21 | Sold | $5,200,000 | -1.4% | $874 / Sq Ft |
| 06/04/2021 06/04/21 | Pending | -- | -- | -- |
| 05/20/2021 05/20/21 | For Sale | $5,275,000 | +21.3% | $887 / Sq Ft |
| 06/28/2019 06/28/19 | Sold | $4,350,000 | 0.0% | $836 / Sq Ft |
| 06/18/2019 06/18/19 | Price Changed | $4,350,000 | 0.0% | $836 / Sq Ft |
| 05/14/2019 05/14/19 | Pending | -- | -- | -- |
| 02/21/2019 02/21/19 | For Sale | $4,350,000 | +217.7% | $836 / Sq Ft |
| 10/24/2016 10/24/16 | Sold | $1,369,200 | +9.5% | $3,184 / Sq Ft |
| 09/16/2016 09/16/16 | Pending | -- | -- | -- |
| 09/07/2016 09/07/16 | For Sale | $1,250,000 | -- | $2,907 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $31,692 | $4,840,000 | $1,734,000 | $3,106,000 |
| 2023 | $31,886 | $4,632,000 | $1,636,000 | $2,996,000 |
| 2022 | $28,510 | $5,180,000 | $1,841,000 | $3,339,000 |
| 2021 | $26,501 | $3,872,000 | $1,516,000 | $2,356,000 |
| 2020 | $29,846 | $3,311,000 | $1,444,000 | $1,867,000 |
| 2018 | $9,837 | $1,857,000 | $1,242,000 | $615,000 |
| 2017 | $8,447 | $1,133,000 | $1,123,000 | $10,000 |
| 2016 | $7,864 | $1,037,000 | $1,027,000 | $10,000 |
| 2015 | $7,618 | $940,000 | $930,000 | $10,000 |
| 2014 | -- | $870,000 | $860,000 | $10,000 |
| 2013 | -- | $1,061,000 | $1,060,000 | $1,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tere Foster
-
Wesley Jones
Buyer's Agent in 2021
Wesley Jones
Keller Williams Realty Bellevue
(206) 331-5185
1 in this area
259 Total Sales
-
Erica Carlile
Buyer Co-Listing Agent in 2021
Erica Carlile
Keller Williams Realty Bellevue
(206) 914-3250
1 in this area
71 Total Sales
-
Lori Holden
Seller's Agent in 2019
Lori Holden
John L Scott
(206) 949-5674
3 in this area
101 Total Sales
-
Lou Glatz
Seller Co-Listing Agent in 2019
Lou Glatz
John L Scott
(206) 948-2591
3 in this area
35 Total Sales
-
John Madrid
Buyer's Agent in 2019
John Madrid
Reaologics Sothebys International Realty
(206) 498-1880
104 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1024070
APN: 770010-0110
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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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