Listed by Kelly Right RE of Seattle LLC, Bought with MY International Real Estate
NOT LISTED FOR SALE

4616 E Mercer Way Mercer Island, WA 98040

Appleton Neighborhood

Estimated Value: $7,081,000 - $8,980,125

6 Beds
2 Baths
7,390 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $6,385,000 $864 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $45,104/month

Highlights

  • Docks
  • In Ground Pool
  • Deck
  • Island Park Elementary School Rated A
  • Lake View
  • Wood Flooring

About This Home

As of August 2021

A luxurious gated waterfront estate with captivating view of the lake. Lushly landscaped. A enchanting garden Koi welcomes your arrival. 6 spacious suites and a sauna. An exquisite Epicurean kitchen with a hidden pantry. Elegant living room overlooks the pool and lake. Entertaining downstairs with fresh-paint deck. A splendid pool with swim spa. Tuscan inspired grand scale spaces. 70 feet of low bank waterfront with year round water moorage and three lifts. All for a warm delightful living!

Last Agent to Sell the Property

Flora Li

Kelly Right RE of Seattle LLC License #114909 Listed on: 08/25/2021

Kelly Right RE of Seattle LLC

Last Buyer's Agent

Mei Young

MY International Real Estate License #26133

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1831551

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,700

Year Built

  • Built in 1991

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Brush Vegetation
  • Level Lot
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Tile Roof
  • Stucco

Interior Spaces

  • 2 Bathrooms
  • 4 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Eastside Community

Listing and Financial Details

  • Assessor Parcel Number 7558700030

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,700

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Homebuilder: Cammett
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, 2nd Master Br, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Hot Tub/Spa, Jetted Tub, Sauna, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate Hardwood
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Approved Number of Bedrooms: 6
  • Bedrooms: 6.00
  • Lower Level Bedroom: 3
  • Bathrooms: 6.00
  • Total Full Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Family Room: Lower
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 7640
  • Square Footage Finished: 7390
  • Square Footage Unfinished: 250

Exterior Features

  • Exterior: Cement/Concrete, Stucco
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Lake, Territorial
  • Waterfront: Bank-Medium, Lake
  • Waterfront Frontage: 70
  • Pool: In-Ground

Garage/Parking

  • Parking Type: Garage-Attached, K
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, Hepa Air Filtration, Hot Water Recirc Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 6
  • Sewer: Sewer Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Heater: lower level-gas (2-100 gal)
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Eastside
  • Project: Sandy Beach Trs

Schools

  • Elementary School: Lakeridge Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 24829
  • Lot Topography Vegetation: Brush, Garden Space, Level, Partial Slope, Terraces
  • Parcel Number: 7558700030
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 32770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Petrie Mark S
Bought by
Strong Alex and Eagle46 Trust
Current Estimated Value
$7,899,042

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 17, 2021
Sold by
Hart Kenneth W and Hart Monica M
Bought by
Pb 9253 Llc
Seller's Agent
Flora Li
Kelly Right RE of Seattle LLC
Buyer's Agent
Mei Young
MY International Real Estate
List Price
$6,385,000
Sold Price
$6,385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$3,000,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2021
Closed on
Aug 23, 2021
Sold by
Petrie Sarah Strong
Bought by
Petrie Mark S
Seller's Agent
Flora Li
Kelly Right RE of Seattle LLC
Buyer's Agent
Mei Young
MY International Real Estate
List Price
$6,385,000
Sold Price
$6,385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2021
Closed on
Aug 11, 2021
Sold by
Huang Lidong
Bought by
Petrie Mark S
Seller's Agent
Flora Li
Kelly Right RE of Seattle LLC
Buyer's Agent
Mei Young
MY International Real Estate
List Price
$6,385,000
Sold Price
$6,385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2014
Closed on
Apr 13, 2015
Sold by
Coles Martin P and Coles Jennifer Ramsey
Bought by
Huang Lidong
Seller's Agent
Patricia Wallace
Coldwell Banker Bain
Buyer's Agent
Flora Li
Kelly Right RE of Seattle LLC
List Price
$5,695,000
Sold Price
$5,300,000
Premium/Discount to List
-$395,000
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$2,915,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2004
Sold by
Eng Edwin M and Eng Jennie Y
Bought by
Coles Martin P and Ramsey Coles Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Strong Alex -- None Available
Pb 9253 Llc $3,600,000 Fidelity National Title
Petrie Mark S -- First American Title
Petrie Mark S $6,385,000 First American Title
Huang Lidong $5,300,000 Fidelity Natio
Coles Martin P $3,800,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrie Mark S $3,000,000
Previous Owner Huang Lidong $2,915,000
Previous Owner Coles Martin P $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $6,385,000 0.0% $864 / Sq Ft
08/25/2021 08/25/21 For Sale $6,385,000 +20.5% $864 / Sq Ft
04/16/2015 04/16/15 Sold $5,300,000 -6.9% $717 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $5,695,000 +7.5% $771 / Sq Ft
11/17/2014 11/17/14 Off Market $5,300,000 -- --
09/02/2014 09/02/14 For Sale $5,695,000 +7.5% $771 / Sq Ft
07/30/2014 07/30/14 Off Market $5,300,000 -- --
05/27/2014 05/27/14 For Sale $5,695,000 -- $771 / 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 $38,700 $5,911,000 $2,740,000 $3,171,000
2023 $38,209 $5,551,000 $2,585,000 $2,966,000
2022 $34,162 $6,208,000 $2,908,000 $3,300,000
2021 $32,788 $4,640,000 $2,394,000 $2,246,000
2020 $36,903 $4,097,000 $2,280,000 $1,817,000
2018 $40,176 $4,799,000 $2,140,000 $2,659,000
2017 $33,922 $4,632,000 $2,058,000 $2,574,000
2016 $31,553 $4,169,000 $1,882,000 $2,287,000
2015 $30,397 $3,776,000 $1,704,000 $2,072,000
2014 -- $3,476,000 $1,575,000 $1,901,000
2013 -- $3,203,000 $1,565,000 $1,638,000
Source: Public Records

Agents Affiliated with this Home

  • Flora Li

    Seller's Agent in 2021

    Flora Li

    Kelly Right RE of Seattle LLC

    (206) 992-5867

    1 in this area

    49 Total Sales

    Flora Li
    Section Image
  • Mei Young

    Buyer's Agent in 2021

    Mei Young

    MY International Real Estate

    (206) 696-9113

    1 in this area

    34 Total Sales

    Mei Young
    Section Image
  • Patricia Wallace

    Seller's Agent in 2015

    Patricia Wallace

    Coldwell Banker Bain

    (206) 947-2209

    44 Total Sales

    Patricia Wallace
    Section Image
  • Susan Gebhardt

    Seller Co-Listing Agent in 2015

    Susan Gebhardt

    Reaologics Sothebys International Realty

    (206) 999-6777

    28 Total Sales

    Susan Gebhardt
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1831551

Northwest Multiple Listing Service (NWMLS)

APN: 755870-0030

Washington King County Mercer Island 98040 Appleton

4616 E Mercer Way, Mercer Island, WA

This home is located at 4616 E Mercer Way, Mercer Island, WA 98040 since 25 August 2021 and is currently estimated at $7,899,042, approximately $1,068 per square foot. This property was built in 1991. 4616 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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