NOT LISTED FOR SALE

4840 E Mercer Way Mercer Island, WA 98040

Appleton Neighborhood

Estimated Value: $2,415,000 - $2,537,000

5 Beds
4 Baths
3,020 Sq Ft
$818/Sq Ft Est. Value

Last Sold January 21, 2014

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

Est. 155% increase in value since last sale

Current estimated payment $14,876/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)

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
Total Days on Market
150
Current Estimated Value
$2,469,415

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
$1,273,158
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,196,257

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
8.53%
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:

Collateral Analytics

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ICE

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Quantarium

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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 $250,000
Closed Arenson Scott G $741,000
Closed Arenson Scott G $196,000
Closed Arenson Scott G $776,000
Previous Owner Gibbs Megan A $417,000
Previous Owner Gibbs Megan A $567,500
Previous Owner Gibbs Megan A $213,000
Previous Owner Gibbs Ii John Patrick $213,000
Previous Owner Gibbs Ii John Patrick $798,750
Previous Owner Guyer Peter M $295,000
Previous Owner Guyer Peter M $100,000
Previous Owner Guyer Peter M $300,000
Previous Owner Guyer Peter M $476,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

This home is located at 4840 E Mercer Way, Mercer Island, WA 98040 since 19 July 2013 and is currently estimated at $2,469,415, approximately $817 per square foot. This property was built in 1955. 4840 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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