NOT LISTED FOR SALE

4591 E Mercer Way Mercer Island, WA 98040

Appleton Neighborhood

Estimated Value: $2,077,000 - $2,736,000

4 Beds
3 Baths
3,840 Sq Ft
$640/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $1,118,000 $291 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $14,798/month

49 Days on Market

About This Home

As of August 2014

A commanding presence, above the road, w/ private n’west backdrop. Spacious trad’l home features space for every activity; large living rm w/ pass-thru wet bar to family rm, formal dining rm, & kitchen w/ view to private back patio & waterfall feature. Main level includes office & large media/bonus rm w/ wood stove, French doors to hot-tub deck. Master suite w/ elegant heated marble-floored 5-piece bath on main, 3 add’l bedrms up. Extra-large 3-car garage. Convenient commute to Seattle/Bellevue.

Last Listed By

Cynthia Schoonmaker

Windermere Mercer Island License #11207 Listed on: 04/08/2014

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM611122

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$14,036

Year Built

1983

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 3840
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor
  • Fireplaces: 3
  • Features: Wet Bar, Bath Off Master, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 3
  • Floor: Concrete, Hardwood, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Natural Gas Available, High Speed Internet, Hot Tub/Spa, Patio, Shop, Sprinkler System
  • View: Partial, Territorial
  • Lot Topography: Level, Partial Slope, Steep Slope, Wooded

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air, Radiant, Stove/Free Standing
  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor
  • Heating and Cooling: Forced Air, Radiant, Free Standing Stove
  • Power Company: Puget Sound Energy
  • 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

Listed on
Apr 8, 2014
Closed on
Jul 28, 2014
Sold by
Brien Timothy P O and Mackie Cory J
Bought by
Li Run Peng and Dan He Xiao
Seller's Agent
Cynthia Schoonmaker
Windermere Mercer Island
Buyer's Agent
Shu Yi Situ
Skyline Properties, Inc.
List Price
$1,200,000
Sold Price
$1,118,000
Premium/Discount to List
-$82,000
-6.83%
Total Days on Market
49
Current Estimated Value
$2,458,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,340,176
Avg. Annual Appreciation
7.55%
Original Mortgage
$782,600
Outstanding Balance
$597,840
Interest Rate
3.61%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,848,295

Purchase Details

Closed on
Apr 13, 2003
Sold by
Moon Jerry L and Moon Theresa M
Bought by
Obrien Timothy P and Mackie Cory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%

Purchase Details

Closed on
Nov 14, 1990
Sold by
Dell'Osso Luino and Dell'Osso Margaret A
Bought by
Moon Jerry L and Moon Theresa M

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
Li Run Peng $1,118,000 Fidelity Natio
Obrien Timothy P $839,900 Lawyers Title
Moon Jerry L $477,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Run Peng $782,600
Previous Owner Obrien Timothy P $428,000
Previous Owner Obrien Timothy P $432,500
Previous Owner Obrien Timothy P $436,700
Previous Owner Obrien Timothy P $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $1,118,000 -4.4% $291 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
04/29/2014 04/29/14 Price Changed $1,170,000 -2.5% $305 / Sq Ft
04/08/2014 04/08/14 For Sale $1,200,000 -- $313 / 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 $14,036 $2,142,000 $1,237,000 $905,000
2023 $14,073 $2,050,000 $1,167,000 $883,000
2022 $12,630 $2,293,000 $1,313,000 $980,000
2021 $12,407 $1,714,000 $1,081,000 $633,000
2020 $11,944 $1,549,000 $1,030,000 $519,000
2018 $11,588 $1,479,000 $745,000 $734,000
2017 $9,789 $1,335,000 $674,000 $661,000
2016 $9,109 $1,202,000 $617,000 $585,000
2015 $9,759 $1,089,000 $559,000 $530,000
2014 -- $1,115,000 $575,000 $540,000
2013 -- $884,000 $558,000 $326,000
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Schoonmaker

    Seller's Agent in 2014

    Cynthia Schoonmaker

    Windermere Corporate

    (206) 683-2725

    32 Total Sales

    Cynthia Schoonmaker
    Section Image

  • S

    Buyer's Agent in 2014

    Shu Yi Situ

    Skyline Properties, Inc

    (206) 779-6868

    31 Total Sales

    Shu Yi Situ
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM611122

Northwest Multiple Listing Service (NWMLS)

APN: 192300-0030

Washington King County Mercer Island 98040 Appleton

4591 E Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4591 E Mercer Way, Mercer Island, WA 98040 since 08 April 2014 and is currently estimated at $2,458,176, approximately $640 per square foot. This property was built in 1983. 4591 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) 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.