Seller's Agent in 2021
Sarah Ford
Coldwell Banker Bain
(206) 854-7702
2 in this area
82 Total Sales
4740 W Mercer Way Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $1,900,000 - $2,260,000
5
Beds
2
Baths
2,580
Sq Ft
$822/Sq Ft
Est. Value
Highlights
- Fruit Trees
- Wood Flooring
- Double Oven
- Island Park Elementary School Rated A
- 2 Fireplaces
- Attached Garage
About This Home
As of September 2021Welcoming home with estate-size lot (over 17,000 SqFt), circular drive & western exposure. Perfect floor plan with large rooms & great light. Living spaces on main, 4 Bedrooms together upstairs, Rec room & 5th Bedroom/Office on lower level. Well designed kitchen with quality appliances, plenty of cabinet and counter space & a cozy little fireplace. Fabulous outdoor space with private back patio, lovely water feature, an expansive lawn & beautiful landscaping. Flat & fenced yard is perfect for croquet, play, parties & more. Gate opens to trail behind home connecting to mid-island neighborhoods, MI library & Ellis Pond. Great storage in the house & garage. Backup generator. This happy home has been well loved and has everything you need!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1819639
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,961
Year Built
- Built in 1962
Lot Details
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Fruit Trees
- Garden
Parking
- Attached Garage
Home Design
- Brick Exterior Construction
- Poured Concrete
- Shake Roof
- Wood Siding
Interior Spaces
- 2 Bathrooms
- 2 Fireplaces
- Finished Basement
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Cable TV Available
Community Details
- West Mercer Community
Listing and Financial Details
- Assessor Parcel Number 4045100055
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2021
Closed on
Sep 9, 2021
Sold by
Peterson Winston H and Peterson Marcia M
Bought by
Spring Erik and Spring Kathryn
Seller's Agent
Sarah Ford
Coldwell Banker Bain
Buyer's Agent
Scott Whittlesey
Windermere Real Estate/East
List Price
$1,725,000
Sold Price
$1,975,000
Premium/Discount to List
$250,000
14.49%
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
$146,240
Avg. Annual Appreciation
1.91%
Original Mortgage
$1,382,500
Outstanding Balance
$1,263,828
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$857,412
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spring Erik | $1,975,000 | Rainier Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spring Erik | $1,382,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2021 09/21/21 | Sold | $1,975,000 | +14.5% | $766 / Sq Ft |
| 08/13/2021 08/13/21 | Pending | -- | -- | -- |
| 08/10/2021 08/10/21 | For Sale | $1,725,000 | -- | $669 / 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 | $10,961 | $1,672,000 | $1,306,000 | $366,000 |
| 2023 | $11,034 | $1,601,000 | $1,233,000 | $368,000 |
| 2022 | $9,871 | $1,791,000 | $1,387,000 | $404,000 |
| 2021 | $9,896 | $1,339,000 | $1,142,000 | $197,000 |
| 2020 | $10,089 | $1,235,000 | $1,088,000 | $147,000 |
| 2018 | $9,785 | $1,249,000 | $1,011,000 | $238,000 |
| 2017 | $8,268 | $1,127,000 | $915,000 | $212,000 |
| 2016 | $7,697 | $1,015,000 | $837,000 | $178,000 |
| 2015 | $7,416 | $920,000 | $758,000 | $162,000 |
| 2014 | -- | $847,000 | $701,000 | $146,000 |
| 2013 | -- | $820,000 | $611,000 | $209,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Ford
-
Scott Whittlesey
Buyer's Agent in 2021
Scott Whittlesey
Windermere Corporate
(425) 269-1303
1 in this area
69 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1819639
APN: 404510-0055
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Based on information submitted to the MLS GRID
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