P
Seller's Agent in 2024
Paula Holtzclaw
Coldwell Banker Bain
1 in this area
37 Total Sales
4550 E Mercer Way Mercer Island, WA 98040
Appleton NeighborhoodEstimated Value: $4,847,000 - $5,690,000
4
Beds
2.5
Baths
3,880
Sq Ft
$1,377/Sq Ft
Est. Value
Highlights
- 75 Feet of Waterfront
- Docks
- Lake View
- Island Park Elementary School Rated A
- Rooftop Deck
- Contemporary Architecture
About This Home
As of May 2024Experience the ultimate in lakefront living in this one-of-a-kind Mercer Island retreat. This exceptional waterfront property features 75' of shorefront, large rolling lawn, sandy beach, brand new custom dock & unobstructed lake & Mt Rainier views. The light-filled, custom-designed floorplan flows seamlessly from kitchen to dining to living. A large hardwood deck blends indoor & outdoor spaces, making it ideal for everyday living & grand gatherings. A well-appointed chef’s kitchen features a large island, double oven, two dishwashers & plenty of seating for all. The two large view decks are perfect for relaxing, entertaining & taking in the views. Best of all, it’s located moments from top-rated Mercer Island schools, restaurants & parks.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2231506
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,096
Year Built
- Built in 1956
Lot Details
- 0.32 Acre Lot
- 75 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- East Facing Home
- Lot Has A Rolling Slope
- Sprinkler System
- Property is in very good condition
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Mountain
Home Design
- Contemporary Architecture
- Poured Concrete
- Bitumen Roof
- Metal Roof
- Wood Siding
Interior Spaces
- 3,880 Sq Ft Home
- 2-Story Property
- Wet Bar
- 2 Fireplaces
- Gas Fireplace
- Dining Room
- Finished Basement
- Natural lighting in basement
Kitchen
- Double Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Docks
- Rooftop Deck
- Patio
Utilities
- High Efficiency Air Conditioning
- Forced Air Heating and Cooling System
- High Efficiency Heating System
- Generator Hookup
- Water Heater
- High Speed Internet
- High Tech Cabling
Community Details
- No Home Owners Association
- Ferncroft Subdivision
Listing and Financial Details
- Assessor Parcel Number 1824059082
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2024
Closed on
May 20, 2024
Sold by
Jason D And Erin L Gurney Family Trust and Gurney Jason D
Bought by
Li-Dipasquo Family Revocable Trust and Li
Seller's Agent
Paula Holtzclaw
Coldwell Banker Bain
Buyer's Agent
Jennifer Flood
COMPASS
List Price
$5,495,000
Sold Price
$5,735,000
Premium/Discount to List
$240,000
4.37%
Total Days on Market
3
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$393,243
Avg. Annual Appreciation
-7.20%
Purchase Details
Closed on
Jan 23, 2017
Sold by
Gurney Jason and Gurney Erin
Bought by
The Jason D & Erin L Gurney Family Trust and Gurney Jason D
Purchase Details
Listed on
Jul 12, 2013
Closed on
Oct 3, 2013
Sold by
Glidden Peter D and Osborn Julie
Bought by
Gurney Jason and Gurney Erin
Seller's Agent
Joan Bayley
Windermere Real Estate/East
Buyer's Agent
Jay Agoado
Realogics Sotheby's Int'l Rlty
List Price
$2,239,000
Sold Price
$2,239,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$1,791,200
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 7, 2005
Sold by
Zamora Ivan
Bought by
Glidden Peter D and Isborn Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 6, 2001
Sold by
Rogers Bonnie L and Zamora Bonnie L
Bought by
Zamora Ivan A
Purchase Details
Closed on
Dec 16, 1993
Sold by
Zamora Bonnie L
Bought by
Zamora Ivan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,700
Interest Rate
7.09%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Li-Dipasquo Family Revocable Trust | $5,735,000 | Rainier Title | |
| The Jason D & Erin L Gurney Family Trust | -- | None Available | |
| Gurney Jason | $2,239,000 | Fidelity Natio | |
| Glidden Peter D | $1,850,000 | Transnation Ti | |
| Zamora Ivan A | -- | -- | |
| Zamora Ivan A | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gurney Jason | $1,791,200 | |
| Previous Owner | Glidden Peter D | $1,760,000 | |
| Previous Owner | Glidden Peter D | $500,000 | |
| Previous Owner | Glidden Peter D | $1,295,000 | |
| Previous Owner | Zamora Ivan A | $500,000 | |
| Previous Owner | Zamora Ivan A | $80,000 | |
| Previous Owner | Zamora Ivan A | $406,800 | |
| Previous Owner | Zamora Ivan A | $406,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2024 05/21/24 | Sold | $5,735,000 | +4.4% | $1,478 / Sq Ft |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 05/07/2024 05/07/24 | For Sale | $5,495,000 | +145.4% | $1,416 / Sq Ft |
| 10/07/2013 10/07/13 | Sold | $2,239,000 | 0.0% | $577 / Sq Ft |
| 08/28/2013 08/28/13 | Pending | -- | -- | -- |
| 07/12/2013 07/12/13 | For Sale | $2,239,000 | -- | $577 / 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 | $28,976 | $4,425,000 | $2,849,000 | $1,576,000 |
| 2023 | $28,096 | $4,096,000 | $2,688,000 | $1,408,000 |
| 2022 | $25,214 | $4,581,000 | $3,024,000 | $1,557,000 |
| 2021 | $24,197 | $3,424,000 | $2,489,000 | $935,000 |
| 2020 | $24,281 | $3,023,000 | $2,371,000 | $652,000 |
| 2018 | $26,433 | $3,157,000 | $2,065,000 | $1,092,000 |
| 2017 | $22,323 | $3,047,000 | $1,986,000 | $1,061,000 |
| 2016 | $20,761 | $2,743,000 | $1,816,000 | $927,000 |
| 2015 | $20,004 | $2,484,000 | $1,644,000 | $840,000 |
| 2014 | -- | $2,287,000 | $1,520,000 | $767,000 |
| 2013 | -- | $2,177,000 | $1,483,000 | $694,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paula Holtzclaw
-
Jennifer Flood
Buyer's Agent in 2024
Jennifer Flood
COMPASS
(206) 601-4460
3 in this area
30 Total Sales
-
Joan Bayley
Seller's Agent in 2013
Joan Bayley
Windermere Corporate
(206) 940-4611
65 Total Sales
-
Buyer's Agent in 2013
Jay Agoado
Reaologics Sothebys International Realty
(425) 260-0715
Map
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2231506
APN: 182405-9082
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.
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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