Freshly remodeled Mercer Island home with Westerly views and a generous lot. The homes' gracious spaces combined with its extensive updates, including a recently redone kitchen and bathrooms, create a turnkey home with space for everyone to spread out. The upper level boasts a luxe master suite with abundant closet space and a bonus office/gym as well as two additional bedrooms. Other features include a main-floor home office, a large view deck with a covered outdoor living room, a finished lower level with two additional bedrooms. Enjoy four fireplaces, A/C, a 5 car garage and 2 driveways. An ideal westside location with great schools nearby and an easy commute to Downtown Seattle and Bellevue. Move right in!
Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: City of Mercer Island
Water Company: City of Mercer Island
Water Source: Public
Condo/Co-op/Association
Community Name: Mercer Island
Schools
Elementary School: Island Park Elem
Middle School: Islander Mid
High School: Mercer Isl High
School District: MIS
Lot Info
Lot Details: Corner Lot, Paved Street
Lot Sq Ft: 15245
Lot Topography Vegetation: Garden Space, Level, Partial Slope, Terraces
Parcel Number: 4045100070
Zoning Code: R-15
Lot Topography: Garden Space, Level, Partial Slope, Terraces
Tax Info
Tax Amount: 19363
Ownership History
DateNameOwned ForOwner Type
Jan 2021 - PresentJohnson Wilmer Emory and Johnson Aimee Michele4 Years and 4 Months
Private Individual
Purchase Details
Listed on
Dec 4, 2020
Closed on
Jan 5, 2021
Sold by
Schmitz Peder and Schmitz Jaime
Bought by
Johnson Wilmer Emory and Johnson Aimee Michele
Seller's Agent
Evan Wyman
COMPASS
Buyer's Agent
Lindsey Bundy
Real Broker LLC
List Price
$3,295,000
Sold Price
$3,395,000
Premium/Discount to List
$100,000
3.03%
Total Days on Market
1
Current Estimated Value
$4,184,765
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$789,765
Avg. Annual Appreciation
4.31%
Original Mortgage
$2,500,000
Outstanding Balance
$1,916,295
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,163,408
Jul 2019 - Jan 2021Schmitz Peder and Schmitz Jaime1 Year and 6 Months
Private Individual
Purchase Details
Listed on
Feb 25, 2019
Closed on
Jul 15, 2019
Sold by
Merlo John A and Merlo Kristin N
Bought by
Schmitz Peder and Schmitz Jaime
Seller's Agent
Rebecca Locke
Compass Washington, LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$3,288,000
Sold Price
$2,879,000
Premium/Discount to List
-$409,000
-12.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$2,303,200
Interest Rate
3.82%
Mortgage Type
New Conventional
Feb 2014 - Jul 2019The John A & Kristin N Merlo Living Trus and Merlo Kristin N5 Years and 5 Months
Private Individual
Purchase Details
Listed on
Jun 26, 2013
Closed on
Feb 21, 2014
Sold by
Merlo John A and Merlo Kristin N
Bought by
The John A & Kristin N Merlo Living Trus and Merlo Kristin N
Seller's Agent
Ann Pierson
COMPASS
Buyer's Agent
Peni Schwartz
Windermere RE Mercer Island
List Price
$2,188,000
Sold Price
$2,000,000
Premium/Discount to List
-$188,000
-8.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$1,499,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Jan 2014 - Feb 2014Merlo John A and Merlo Kristin N1 Month
Private Individual
Purchase Details
Listed on
Jun 26, 2013
Closed on
Jan 13, 2014
Sold by
Johnson Jan Harper and Johnson Bart
Bought by
Merlo John A and Merlo Kristin N
Seller's Agent
Ann Pierson
COMPASS
Buyer's Agent
Peni Schwartz
Windermere RE Mercer Island
List Price
$2,188,000
Sold Price
$2,000,000
Premium/Discount to List
-$188,000
-8.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Dec 1999 - Jan 2014Johnson Jan Harper14 Years and 1 Month
Private Individual
Purchase Details
Closed on
Dec 17, 1999
Sold by
Johnson Barton Earl
Bought by
Johnson Jan Harper
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,498,800
Interest Rate
8.25%
Mar 1998 - Dec 1999First Edition Homes Inc1 Year and 9 Months
Company
Purchase Details
Closed on
Mar 16, 1998
Sold by
Johnson Russell H
Bought by
First Edition Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,000
Interest Rate
7.02%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 4801 W Mercer Way, Mercer Island, WA 98040 since 04 December 2020 and is currently estimated at $4,184,765, approximately $848 per square foot. This property was built in 1999. 4801 W 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.
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