Seller's Agent in 2023
Daniel Marinello
COMPASS
(206) 769-2556
1 in this area
31 Total Sales
4846 E Mercer Way Mercer Island, WA 98040
Appleton NeighborhoodEstimated Value: $3,151,000 - $4,140,000
4
Beds
3
Baths
3,568
Sq Ft
$999/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
Total Days on Market
2
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
-$687,118
Avg. Annual Appreciation
-7.82%
Original Mortgage
$2,975,000
Outstanding Balance
$2,934,924
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$796,033
Purchase Details
Closed on
Jan 31, 1985
Sold by
Mclaughlin Larry W $Er
Bought by
Krause Steven A and Krause Sandra K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
-
Daniel Marinello
-
Scott Whittlesey
Buyer's Agent in 2023
Scott Whittlesey
Windermere Corporate
(425) 269-1303
2 in this area
68 Total Sales
Map
Similar Homes in Mercer Island, WA
-
$3,385,000
- 3 Beds
- 2.5 Baths
- 2,980 Sq Ft
- 5419 96th Ave SE
- Mercer Island, WA
Experience sweeping lake views from the Cascade Mtns to Mt. Rainier in this beautifully updated NW Contemporary home. Vaulted ceilings, open spaces & window walls invite natural light framing the ever-changing landscape. Designed for seamless indoor-outdoor living, enjoy ±50' of shared waterfront w/moorage, boat lift & picnic area. Private backyard staircase offers direct access to the
Katie Penny Shea Coldwell Banker Bain
-
$3,798,000
- 5 Beds
- 4.5 Baths
- 5,371 Sq Ft
- 4419 Ferncroft Rd
- Mercer Island, WA
Nestled in the Ferncroft Neighborhood, this custom-built home offers stunning lake views + seamless indoor-outdoor living. Designed for comfort & entertaining, it features soaring ceilings, open spaces, a chef’s kitchen, and abundant natural light with the perfect blend of formal & informal spaces. The Primary Suite boasts a sitting area, double-sided fireplace, and panoramic lake views. 3 add’l
Michele Schuler Realogics Sotheby's Int'l Rlty
-
$2,850,000
- 5 Beds
- 2.5 Baths
- 2,900 Sq Ft
- 9209 SE 57th St
- Mercer Island, WA
Elegantly elevated above the street for the utmost in privacy and situated on a HUGE 14,315 sq ft corner lot. Sunken formal living room with gorgeous built-ins and stunning fireplace. Updated kitchen with large center island and stainless steel appliances. Light-filled dining area. Family room with exposed brick fireplace. Spacious primary suite with walk-in closet and private bath, 3 more
Melissa Boucher Windermere Real Estate Midtown
-
$2,695,000
- 4 Beds
- 2.5 Baths
- 2,650 Sq Ft
- 5320 Lansdowne Ln
- Mercer Island, WA
This is the home, with the floor plan you'be been waiting for! This gorgeous William Buchan built home situated on a large corner lot, on a quiet lane, has huge appeal with four generously sized bedrooms, including large primary suite, all on the 2nd floor! This home has been meticulously cared for by the current owner with numerous upgrades including, updated kitchen, fully remodeled 2nd
Sharon Singh Realogics Sotheby's Int'l Rlty
-
$2,950,000
- 5 Beds
- 3.5 Baths
- 4,060 Sq Ft
- 4275 95th Ave SE
- Mercer Island, WA
Welcome to this stunning Mid-Century Modern in MI’s treasured Mercerwood. Updated, spacious, light & bright! Walls of windows bring in natural light & mtn views. Lots of flexibility w/ this incredible layout- open living & dining spaces flow to gourmet kitchen w/ new Bosch appliances. Main floor office & 3 BDRs incl. primary w/ new en suite bath. 2 more BDRs down & huge rec room w/ bar. Tons of
Kelly Weisfield COMPASS
-
$3,128,000
- 5 Beds
- 4.5 Baths
- 4,470 Sq Ft
- 5340 W Mercer Way
- Mercer Island, WA
Breathtaking lake, city, and Olympic Mountain views define this light-filled Mercer Island custom home! Set off the street and backing to protected green space, it offers rare, unmatched privacy. A sprawling west-facing deck invites unforgettable entertaining, with bifold doors creating seamless indoor-outdoor flow. The chef’s kitchen features a Wolf range, dual dishwashers, and a full-size
Jennifer Flood COMPASS
-
$2,998,000
- 5 Beds
- 3.5 Baths
- 3,140 Sq Ft
- 5901 84th Ave SE
- Mercer Island, WA
Discover timeless elegance in this lovingly updated Mercer Island gem. Featuring a functional floorplan, the main level includes a guest bedroom with updated bathroom and direct exterior access. Upstairs, enjoy a primary with en-suite, plus three additional spacious bedrooms and a bathroom. Hardwood floors flow throughout, enhancing a warm, inviting ambiance.Natural light and vaulted ceilings
Rachel Schindler Realogics Sotheby's Int'l Rlty
-
$3,798,000
- 5 Beds
- 3.5 Baths
- 4,910 Sq Ft
- 8150 Evergreen Ln
- Mercer Island, WA
Exquisitely updated estate on Evergreen Lane. This 5 bedroom 3.5 bathroom home has been meticulously maintained w/a floor plan that meets your every need. Two separate upstairs wings & main floor primary bdrm. All bathrooms, kitchen & laundry have been updated. Enjoy high-end designer finishes throughout, incl. gourmet kitchen w/new quartz counters, backsplash, sinks, Wolf 8 burner range & much
Kim Gervasoni Windermere Real Estate/East
-
$3,298,000
- 4 Beds
- 3.5 Baths
- 3,840 Sq Ft
- 8010 Evergreen Ln
- Mercer Island, WA
Private & Serene ! Weave through the Magical Path of Evergreen Lane...Timeless architecture - Pristine, lush, Island setting. Sunkissed nature glistens. Expansive lot /over half an acre. Lake Washington & City Views sparkling through the trees /set above the water. Rivals new construction w/a location beyond compare. Private & serene, tucked into a warm & inviting neighborhood of exceptional
Joshua Thurman Realogics Sotheby's Int'l Rlty
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2152352
APN: 192405-9170
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.
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.
Nearby Homes
- 4802 E Mercer Way
- 5021 E Mercer Way
- 4869 90th Place SE
- 5419 96th Ave SE
- 5438 E Mercer Way
- 4825 88th Ave SE
- 0 XX23 91st Ave SE
- 0 XXX 91st Ave SE
- 9458 SE SE 47th St
- 4419 Ferncroft Rd
- 9209 SE 57th St
- 4541 88th Ave SE
- 9505 SE 43rd St
- 9233 SE 59th St
- 5320 Lansdowne Ln
- 8475 SE 45th St
- 4275 95th Ave SE
- 5252 Forest Ave SE
- 4276 E Mercer Way
- 4450 84th Ave SE