NOT LISTED FOR SALE

4854 E Mercer Way Mercer Island, WA 98040

Appleton Neighborhood

Estimated Value: $2,083,000 - $2,408,000

3 Beds
2 Baths
2,606 Sq Ft
$851/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $1,290,000 $495 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $13,345/month

18 Days on Market

Highlights

  • Lake View
  • Deck
  • 1 Fireplace
  • Island Park Elementary School Rated A
  • Northwest Architecture
  • Patio

About This Home

As of June 2019

THE BEST VALUE ON MERCER ISLAND! You can't find a view for this price anywhere else on the island. Located in the Appleton neighborhood, one home up from the water, this beautifully remodeled home offers breathtaking lake views. The sun-drenched great room w/vaulted ceilings features a dramatic wall of windows, perfect for watching the resident bald eagle in her tree. Master suite is bright w/custom walkin closet & own private deck. Entertain around the firepit on the upper patio! Welcome home!

Last Agent to Sell the Property

Katlin Lee

Windermere Real Estate/East License #112996 Listed on: 05/20/2019

Windermere Real Estate/East

Last Buyer's Agent

Jenna Brody

Blue Pacific Real Estate License #133277

Blue Pacific Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1460619

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,210

Year Built

  • Built in 1949

Lot Details

  • Street terminates at a dead end
  • Level Lot
  • Garden

Parking

  • Attached Carport

Property Views

  • Lake
  • Territorial

Home Design

  • Northwest Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • East Mercer Community

Listing and Financial Details

  • Assessor Parcel Number 1924059278

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,210

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, High Tech Cabling, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate, Slate
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Extra Finished Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2606
  • Square Footage Finished: 2606

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Flat, Torch Down
  • View: Lake, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Radiant, Wall
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of MI
  • Water Company: City of MI
  • Water Heater: Utility Room-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Mercer
  • Project: Appleton Lane

Schools

  • Elementary School: Island Park Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 14607
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Terraces
  • Parcel Number: 1924059278
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 9429

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 26, 2019
Sold by
Hu Kim Edward D and Hu Kim Sun
Bought by
Wallin Joseph
Seller's Agent
Katlin Lee
Windermere Real Estate/East
Buyer's Agent
Jenna Brody
Blue Pacific Real Estate
List Price
$1,375,000
Sold Price
$1,290,000
Premium/Discount to List
-$85,000
-6.18%
Current Estimated Value
$2,231,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$941,995
Avg. Annual Appreciation
9.25%
Original Mortgage
$1,032,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 11, 2014
Sold by
Stimpson Virginia C
Bought by
Kim Edward D and Kim Sun Hu
Seller's Agent
Lindy Weathers
Coldwell Banker Bain
Buyer's Agent
Greg Rosenwald
COMPASS
List Price
$798,000
Sold Price
$762,400
Premium/Discount to List
-$35,600
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$190,600
Interest Rate
3.21%
Mortgage Type
New Conventional
Source: Public Records

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
Wallin Joseph $1,290,000 Wfg Natl Ttl Co Of Wa Llc
Kim Edward D $762,400 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallin Joseph M $250,000
Open Wallin Joseph $1,025,000
Closed Wallin Joseph $1,032,000
Closed Wallin Joseph $1,032,000
Previous Owner Kim Edward D $280,300
Previous Owner Kim Edward D $190,600
Previous Owner Kim Edward D $495,560
Previous Owner Stimpson Virginia C $97,500
Previous Owner Stimpson Virginia C $92,000
Previous Owner Stimpson Virginia C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $1,290,000 -3.0% $495 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $1,330,000 -3.3% $510 / Sq Ft
05/20/2019 05/20/19 For Sale $1,375,000 +80.4% $528 / Sq Ft
06/20/2014 06/20/14 Sold $762,400 -4.5% $314 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $798,000 -- $328 / 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 $12,210 $1,863,000 $1,279,000 $584,000
2023 $12,059 $1,750,000 $1,207,000 $543,000
2022 $10,511 $1,957,000 $1,358,000 $599,000
2021 $9,944 $1,426,000 $1,118,000 $308,000
2020 $9,079 $1,241,000 $1,065,000 $176,000
2018 $9,429 $1,124,000 $830,000 $294,000
2017 $7,967 $1,086,000 $751,000 $335,000
2016 $6,302 $978,000 $687,000 $291,000
2015 $6,079 $753,000 $622,000 $131,000
2014 -- $694,000 $575,000 $119,000
2013 -- $670,000 $577,000 $93,000
Source: Public Records

Agents Affiliated with this Home

  • Katlin Lee

    Seller's Agent in 2019

    Katlin Lee

    Windermere Corporate

    (425) 748-4634

    65 Total Sales

    Section Image
  • Jenna Brody

    Buyer's Agent in 2019

    Jenna Brody

    Blue Pacific Real Estate

    (425) 736-2845

    14 Total Sales

    Section Image

  • L

    Seller's Agent in 2014

    Lindy Weathers

    Coldwell Banker Bain

  • Greg Rosenwald

    Buyer's Agent in 2014

    Greg Rosenwald

    COMPASS

    (206) 230-5445

    1 in this area

    134 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1460619

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9278

Washington King County Mercer Island 98040 Appleton

4854 E Mercer Way, Mercer Island, WA

This home is located at 4854 E Mercer Way, Mercer Island, WA 98040 since 20 May 2019 and is currently estimated at $2,217,205, approximately $850 per square foot. This property was built in 1949. 4854 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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