Listed by Coldwell Banker Bain, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

4840 E Mercer Way Mercer Island, WA 98040

Appleton Neighborhood

Estimated Value: $2,309,144 - $2,524,000

5 Beds
4 Baths
3,020 Sq Ft
$812/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $970,000 $321 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $14,003/month

150 Days on Market

About This Home

As of January 2014

Wonderful community called Appleton and shared waterfront. This 5BR+den 3.25BA home features hardwood floors, beautiful open beam ceilings, family room and a guest room with private bath. The gourmet kitchen is a chef's delight featuring a large island, granite counters and stainless appliances. Expansive deck for summertime entertaining overlooking a sunny yard. Just a short stroll to the no-bank waterfront!

Last Agent to Sell the Property

Gerald Chew

Coldwell Banker Bain License #52391 Listed on: 07/19/2013

Coldwell Banker Bain

Last Buyer's Agent

Janet Leamon

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM519829

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$12,963

Year Built

1955

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 3020
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Basement: Daylight, Fully Finished
  • Features: Bath Off Master, Double Pane/Storm Window, High Tech Cabling, Jetted Tub, Vaulted Ceilings
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Water Heater Location: Storage Room-Gas

Exterior Features

  • Roof: Torch Down
  • Community Features: CCRs, Private Beach Access
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Torch Down
  • Site Features: Cable TV, Deck, Full Fence, Natural Gas Available, High Speed Internet
  • View: Lake, Mountain, Territorial
  • Waterfront Frontage: 30' 1/3 undivided interest
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Mercer Island
  • Water Company: Mercer Island
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Arenson Mara and Arenson Mara E
Bought by
Arenson Mara and Bales Edwin Bradford
Current Estimated Value
$2,452,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,381,250
Outstanding Balance
$1,259,571
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,192,465

Purchase Details

Closed on
Feb 18, 2020
Sold by
Arenson Scott G
Bought by
Arenson Mara E

Purchase Details

Listed on
Jul 19, 2013
Closed on
Jan 15, 2014
Sold by
Cartus Corporation
Bought by
Arenson Scott G and Arenson Mara E
Seller's Agent
Gerald Chew
Coldwell Banker Bain
Buyer's Agent
Janet Leamon
Coldwell Banker Bain
List Price
$1,125,000
Sold Price
$970,000
Premium/Discount to List
-$155,000
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$776,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 11, 2006
Sold by
Guyer Peter M and Guyer Darcie D
Bought by
Gibbs Ii John Patrick and Gibbs Megan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 1, 2004
Sold by
May Thomas P and May Kathleen M
Bought by
Guyer Peter M and Guyer Darcie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1988
Sold by
Prothero John W and Prothero Joyce
Bought by
May Thomas P and May Kathleen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arenson Mara -- Ticor Title
Arenson Mara E -- None Available
Arenson Scott G $970,000 Old Republic T
Cartus Corporation $1,165,000 Old Republic T
Gibbs Ii John Patrick $1,065,000 Chicago Title
Guyer Peter M $635,000 Transnation Ti
May Thomas P $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arenson Mara $1,381,250
Closed Arenson Scott G $776,000
Previous Owner Gibbs Ii John Patrick $213,000
Previous Owner Gibbs Ii John Patrick $798,750
Previous Owner Guyer Peter M $476,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2014 01/21/14 Sold $970,000 -11.8% $321 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
11/05/2013 11/05/13 Price Changed $1,099,900 -2.2% $364 / Sq Ft
10/21/2013 10/21/13 For Sale $1,125,000 +16.0% $373 / Sq Ft
10/20/2013 10/20/13 Off Market $970,000 -- --
09/26/2013 09/26/13 Price Changed $1,125,000 -2.2% $373 / Sq Ft
07/19/2013 07/19/13 For Sale $1,149,900 -- $381 / 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 $12,963 $1,978,000 $1,386,000 $592,000
2023 $12,802 $1,858,000 $1,308,000 $550,000
2022 $11,159 $2,078,000 $1,472,000 $606,000
2021 $10,711 $1,514,000 $1,212,000 $302,000
2020 $9,852 $1,337,000 $1,155,000 $182,000
2018 $10,227 $1,220,000 $902,000 $318,000
2017 $8,642 $1,178,000 $816,000 $362,000
2016 $8,040 $1,061,000 $746,000 $315,000
2015 $8,964 $961,000 $676,000 $285,000
2014 -- $1,024,000 $625,000 $399,000
2013 -- $971,000 $615,000 $356,000
Source: Public Records

Agents Affiliated with this Home

  • Gerald Chew

    Seller's Agent in 2014

    Gerald Chew

    Coldwell Banker Bain

    (206) 679-9294

    28 Total Sales

    Gerald Chew
    Section Image

  • J

    Buyer's Agent in 2014

    Janet Leamon

    Coldwell Banker Bain

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM519829

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9121

Washington King County Mercer Island 98040 Appleton

4840 E Mercer Way, Mercer Island, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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