NOT LISTED FOR SALE

4812 E Mercer Way Mercer Island, WA 98040

Appleton Neighborhood

Estimated Value: $2,692,000 - $4,345,000

4 Beds
3 Baths
3,540 Sq Ft
$944/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $1,310,000 $370 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $20,025/month

6 Days on Market

About This Home

As of July 2013

Truly a one of a kind property, a level Half acre+ lot with 50 feet of 1/5th share of waterfront and moorage. Meticulously maintained Swanson & Dean home w/ generous spaces & a functional floor plan. The original cottage on the property, which could be remodeled, includes an additional 2 car garage & parking off the road. The formal living space features a dramatic vaulted cedar ceiling & a wall of windows Highlighting the lovely lake vistas. The large kitchen opens to a spacious covered Deck

Last Listed By

Erin Ewing

Windermere Mercer Island License #49702 Listed on: 05/28/2013

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM493677

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$17,917

Year Built

1973

Lot Details

0

Listing Details

  • Leased Equipment: H2O Tank
  • Sq Ft Finished: 3540
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Basement: Daylight
  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Vinyl, Wall to Wall Carpet
  • Water Heater Location: LL Mechanical Room-Gas

Exterior Features

  • Roof: Composition
  • Building Information: Additional Dwelling
  • Community Features: CCRs, Private Beach Access
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Dock, Natural Gas Available, Moorage, Outbuildings, Patio, RV Parking
  • View: Lake, Mountain
  • Waterfront: Lake
  • Waterfront Frontage: 50ft
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Spaces: 4

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of 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

Closed on
Aug 24, 2018
Sold by
Collins Robert and Yin Liyun
Bought by
Switaj Edward and Switaj Allison Whitney
Total Days on Market
6
Current Estimated Value
$3,342,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2013
Closed on
Jul 16, 2013
Sold by
Axell Richard A
Bought by
Collins Robert and Yin Liyun
Seller's Agent
Erin Ewing
Windermere Mercer Island
Buyer's Agent
Tony Marrese
Windermere Real Estate/East
List Price
$1,310,000
Sold Price
$1,310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$917,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 1990
Sold by
Tabor Marilynn
Bought by
Axell Richard A

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
Switaj Edward $2,150,000 Fidelity National Title
Collins Robert $1,310,000 Chicago Title
Axell Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Switaj Edward $1,136,800
Closed Switaj Edward $1,150,000
Previous Owner Collins Robert $917,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $1,310,000 0.0% $370 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $1,310,000 -- $370 / 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 $17,917 $2,735,000 $1,693,000 $1,042,000
2023 $17,693 $2,569,000 $1,598,000 $971,000
2022 $15,419 $2,873,000 $1,798,000 $1,075,000
2021 $14,799 $2,093,000 $1,480,000 $613,000
2020 $13,294 $1,848,000 $1,410,000 $438,000
2018 $13,045 $1,647,000 $1,336,000 $311,000
2017 $11,205 $1,503,000 $1,208,000 $295,000
2016 $10,429 $1,376,000 $1,105,000 $271,000
2015 $10,091 $1,247,000 $1,000,000 $247,000
2014 -- $1,153,000 $925,000 $228,000
2013 -- $1,127,000 $806,000 $321,000
Source: Public Records

Agents Affiliated with this Home

  • Erin Ewing

    Seller's Agent in 2013

    Erin Ewing

    Windermere Corporate

    (206) 354-8228

    39 Total Sales

    Erin Ewing
    Section Image
  • Tony Marrese

    Buyer's Agent in 2013

    Tony Marrese

    Windermere Corporate

    (206) 799-1472

    220 Total Sales

    Tony Marrese
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM493677

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9285

Washington King County Mercer Island 98040 Appleton

4812 E Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4812 E Mercer Way, Mercer Island, WA 98040 since 28 May 2013 and is currently estimated at $3,342,642, approximately $944 per square foot. This property was built in 1973. 4812 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.