NOT LISTED FOR SALE

4616 E Mercer Way Mercer Island, WA 98040

Appleton Neighborhood

Estimated Value: $6,511,000 - $7,805,343

6 Beds
7 Baths
7,390 Sq Ft
$967/Sq Ft Est. Value

Last Sold August 25, 2021

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

Est. 12% increase in value since last sale

Current estimated payment $40,976/month

About This Home

This home is located at 4616 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $7,148,448, approximately $967 per square foot. 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.

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
$7,148,448

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
2.69%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
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 List to Sale Price per Sq Ft Prior Sale
08/25/2021 08/25/21 Sold $6,385,000 0.0% $864 / Sq Ft View Prior Sale
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 View Prior Sale
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

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

    46 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

    29 Total Sales

    Mei Young
    Section Image
  • Patricia Wallace

    Seller's Agent in 2015

    Patricia Wallace

    Coldwell Banker Bain

    (206) 947-2209

    40 Total Sales

    Patricia Wallace
    Section Image
  • Susan Gebhardt

    Seller Co-Listing Agent in 2015

    Susan Gebhardt

    Reaologics Sothebys International Realty

    (206) 999-6777

    25 Total Sales

    Susan Gebhardt
    Section Image
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Map

Washington King County Mercer Island 98040 Appleton

4616 E Mercer Way, Mercer Island, WA

Not Listed for Sale

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