Listed by Windermere Real Estate/East, Bought with Realogics Sotheby's Int'l Rlty
$2,239,000
SOLD OCT 7, 2013

4550 E Mercer Way Mercer Island, WA 98040

Appleton Neighborhood
4 Beds
3 Baths
3,880 Sq Ft
0.32 Acres

Recently Sold

$577 Per Sq Ft

47 Days on Market

About This Home

As of May 2024

The epitome of waterfront living. Huge rolling lawn, a sandy beach & no bank wtrfrnt. It doesn’t get any better! 75 ft. & one of the longest docks on the Island. Huge investment already made, all you have to do is move in. Fabulous renovation oozing with Architectural flair! Modern tiles, exotic wood elements, heated floors & a world-class kitchen perfect for hosting a cooking show. Bright and sunny atrium office. Entertainment sized bonus room flows effortlessly to the outdoor spaces.

Last Agent to Sell the Property

Joan Bayley

Windermere Real Estate/East License #38768 Listed on: 07/12/2013

Windermere Real Estate/East

Last Buyer's Agent

Jay Agoado

Realogics Sotheby's Int'l Rlty License #78651

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM515904

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$28,976

Year Built

1956

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 3880
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Features: Wet Bar, Bath Off Master, Double Pane/Storm Window, Dining Room, Solarium/Atrium, Vaulted Ceilings
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Lower Level Utility Rm-50 Gallon

Exterior Features

  • Roof: Metal, Torch Down
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Metal, Torch Down
  • Site Features: Cable TV, Deck, Dock, Partial Fence, Natural Gas Available, High Speed Internet, Patio, Sprinkler System
  • View: Lake, Mountain
  • Waterfront Frontage: 75
  • Lot Topography: Garden Space, Level, Partial Slope

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Heating and Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of 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

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%
Views
7
Current Estimated Value
$5,147,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$587,861
Avg. Annual Appreciation
-5.95%

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
7.60%
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 Osborn 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%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $5,735,000 Rainier Title
Interfamily Deed Transfer -- None Available
Warranty Deed $2,239,000 Fidelity Natio
Warranty Deed $1,850,000 Transnation Ti
Interfamily Deed Transfer -- --
Quit Claim Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,791,200 Adjustable Rate Mortgage/ARM
Previous Owner $1,760,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,295,000 Fannie Mae Freddie Mac
Previous Owner $500,000 Credit Line Revolving
Previous Owner $80,000 Credit Line Revolving
Previous Owner $406,800 Unknown
Previous Owner $406,700 No Value Available
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

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 $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

  • P

    Seller's Agent in 2024

    Paula Holtzclaw

    Coldwell Banker Bain

    1 in this area

    38 Total Sales

    Section Image
  • Jennifer Flood

    Buyer's Agent in 2024

    Jennifer Flood

    COMPASS

    (206) 601-4460

    3 in this area

    30 Total Sales

    Section Image
  • Joan Bayley

    Seller's Agent in 2013

    Joan Bayley

    Windermere Corporate

    (206) 940-4611

    66 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    Jay Agoado

    Reaologics Sothebys International Realty

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM515904

Northwest Multiple Listing Service (NWMLS)

APN: 182405-9082

Washington King County Mercer Island 98040 Appleton

4550 E Mercer Way, Mercer Island, WA

This home is located at 4550 E Mercer Way, Mercer Island, WA 98040 and is currently priced at $2,239,000, approximately $577 per square foot. This property was built in 1956. 4550 E 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) 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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