Seller's Agent in 2023
Daniel Marinello
COMPASS
(206) 769-2556
1 in this area
30 Total Sales
Listed by COMPASS, Bought with Windermere Real Estate/East
4846 E Mercer Way Mercer Island, WA 98040
Appleton NeighborhoodEstimated Value: $2,772,000 - $3,473,000
4
Beds
3
Baths
3,568
Sq Ft
$907/Sq Ft
Est. Value
Highlights
- Docks
- Community Boat Launch
- Wine Cellar
- Island Park Elementary School Rated A
- Second Kitchen
- RV Access or Parking
About This Home
As of September 2023Meticulously updated contemporary home available for the first-time. Enjoy 50' of shared waterfront with private boat lift and moorage. Estate size 0.55 acre property nestled at the end of a small enclave within a tranquil garden setting. 180 degree lake & mountain views with a regulation tennis court sited below. A custom designed, oversized wood & glass entry pivot door welcomes you home. Expansive, heated, wrap around deck is perfect for indoor/outdoor entertaining. All bedrooms and office on main level. Laundry/craft room is thoughtfully designed with stone countertops. The lower level has a gracious family room, 2nd kitchen and custom designed 2200 bottle wine cellar. workshop & 864 sf oversized 3 car garage w/ tons of storage.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2152352
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,648
Year Built
- Built in 1962
Lot Details
- 0.55 Acre Lot
- Street terminates at a dead end
- East Facing Home
- Brush Vegetation
- Secluded Lot
- Terraced Lot
- Sprinkler System
- Fruit Trees
- Garden
- Property is in very good condition
- Zoning described as R15
Parking
- 3 Car Attached Garage
- RV Access or Parking
Property Views
- Lake
- City
- Mountain
- Territorial
Home Design
- Contemporary Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,568 Sq Ft Home
- 1-Story Property
- Skylights
- 2 Fireplaces
- Electric Fireplace
- Gas Fireplace
- Wine Cellar
- Dining Room
- Finished Basement
- Natural lighting in basement
- Storm Windows
Kitchen
- Second Kitchen
- Double Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Docks
- Sport Court
- Deck
Location
- Property is near public transit
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating System
- High Efficiency Heating System
- Baseboard Heating
- Radiant Heating System
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1924059170
Community Details
Overview
- No Home Owners Association
- East Mercer Subdivision
- The community has rules related to covenants, conditions, and restrictions
Recreation
- Community Boat Launch
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2023
Closed on
Sep 27, 2023
Sold by
Krause Steven A and Krause Sandra K
Bought by
Hanover Colby C and Hanover Kristine H
Seller's Agent
Daniel Marinello
COMPASS
Buyer's Agent
Scott Whittlesey
Windermere Real Estate/East
List Price
$4,250,000
Sold Price
$4,250,000
Views
13
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
-$1,015,189
Avg. Annual Appreciation
-8.78%
Original Mortgage
$2,975,000
Outstanding Balance
$2,929,644
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$659,429
Purchase Details
Closed on
Jan 31, 1985
Sold by
Mclaughlin Larry W $Er
Bought by
Krause Steven A and Krause Sandra K
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hanover Colby C | $4,250,000 | Wfg National Title Company Of | |
| Krause Steven A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hanover Colby C | $2,975,000 | |
| Previous Owner | Krause Steven A | $371,500 | |
| Previous Owner | Krause Steven A | $300,000 | |
| Previous Owner | Krause Steven A | $506,000 | |
| Previous Owner | Krause Steven | $359,000 | |
| Previous Owner | Krause Steven A | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $4,250,000 | 0.0% | $1,191 / Sq Ft |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | For Sale | $4,250,000 | -- | $1,191 / 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 | $17,341 | $2,647,000 | $2,011,000 | $636,000 |
| 2023 | $17,122 | $2,486,000 | $1,898,000 | $588,000 |
| 2022 | $16,648 | $3,102,000 | $2,135,000 | $967,000 |
| 2021 | $15,983 | $2,260,000 | $1,758,000 | $502,000 |
| 2020 | $15,149 | $1,996,000 | $1,675,000 | $321,000 |
| 2018 | $15,733 | $1,877,000 | $1,452,000 | $425,000 |
| 2017 | $13,287 | $1,813,000 | $1,313,000 | $500,000 |
| 2016 | $12,358 | $1,632,000 | $1,201,000 | $431,000 |
| 2015 | $11,909 | $1,478,000 | $1,087,000 | $391,000 |
| 2014 | -- | $1,361,000 | $1,005,000 | $356,000 |
| 2013 | -- | $1,169,000 | $760,000 | $409,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Scott Whittlesey
Windermere Corporate
(425) 269-1303
2 in this area
70 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2152352
APN: 192405-9170
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Based on information submitted to the MLS GRID
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