5004 W Mercer Way Mercer Island, WA 98040
Forest Avenue NeighborhoodAbout This Home
As of December 2019Opportunity knocks with this one owner home on a secluded Westside property just shy of an acre. Add a second story for filtered lake view or build your own private estate. Currently a three bedroom, 1.5 bath with hardwood floors and laundry on main level. Lower level is unfinished with potential bedroom, roughed in bath, tons of storage, wine cellar and oversized two car garage.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM705070
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Map
Property Details
Home Type
Other
Est. Annual Taxes
$9,194
Year Built
1966
Lot Details
0
Listing Details
- Sq Ft Finished: 1570
- Form 17: Exempt
- Special Features: None
- Year Built: 1966
Interior Features
- Appliances: Dishwasher, Double Oven, Dryer, Range/Oven, Refrigerator, Washer
- Basement: Unfinished
- Features: Double Pane/Storm Window, Skylights
- Floor: Hardwood, Vinyl
- Sq Ft Unfinished: 1500
- Water Heater Location: Lower level-electric
Exterior Features
- Roof: Flat
- Exterior: Wood
- Foundation: Poured Concrete
- Roof: Flat
- Site Features: Cable TV, Deck, Shop
Garage/Parking
- Parking Type: Garage-Attached
- Total Covered Spaces: 2
Utilities
- Cooling: Forced Air
- Heating: Forced Air
- Appliances: Dishwasher, Double Oven, Dryer, Range/Oven, Refrigerator, Washer
- Heating and Cooling: Forced Air
- Power Company: PSE
- Sewer: Connected
- Sewer Company: City of Mercer Island
- Water Company: City of Mercer Island
- Water Source: Public
Schools
- School District: MIS
- Elementary School: Buyer To Verify
- Middle School: Isler Mid
- High School: Mercer Isl High
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $890,000 | Stewart Title | |
| Bargain Sale Deed | $760,000 | Chicago Title | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $687,000 | New Conventional | |
| Closed | $693,300 | New Conventional | |
| Closed | $712,000 | No Value Available | |
| Previous Owner | $722,000 | Adjustable Rate Mortgage/ARM |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2019 12/02/19 | Sold | $890,000 | -6.3% | $360 / Sq Ft |
| 10/29/2019 10/29/19 | Pending | -- | -- | -- |
| 10/18/2019 10/18/19 | Price Changed | $950,000 | -4.5% | $385 / Sq Ft |
| 09/24/2019 09/24/19 | Price Changed | $995,000 | -7.4% | $403 / Sq Ft |
| 09/23/2019 09/23/19 | For Sale | $1,075,000 | +20.8% | $435 / Sq Ft |
| 09/21/2019 09/21/19 | Off Market | $890,000 | -- | -- |
| 09/09/2019 09/09/19 | Price Changed | $1,075,000 | -10.4% | $435 / Sq Ft |
| 09/07/2019 09/07/19 | For Sale | $1,200,000 | 0.0% | $486 / Sq Ft |
| 08/07/2019 08/07/19 | Pending | -- | -- | -- |
| 06/20/2019 06/20/19 | For Sale | $1,200,000 | +57.9% | $486 / Sq Ft |
| 12/30/2014 12/30/14 | Sold | $760,000 | +16.9% | $484 / Sq Ft |
| 10/26/2014 10/26/14 | Pending | -- | -- | -- |
| 10/11/2014 10/11/14 | For Sale | $650,000 | -- | $414 / Sq Ft |
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 | $9,194 | $1,402,000 | $1,158,000 | $244,000 |
| 2023 | $9,219 | $1,342,000 | $1,093,000 | $249,000 |
| 2022 | $8,274 | $1,501,000 | $1,230,000 | $271,000 |
| 2021 | $8,296 | $1,122,000 | $1,013,000 | $109,000 |
| 2020 | $13,239 | $1,035,000 | $965,000 | $70,000 |
| 2018 | $12,906 | $1,643,000 | $1,633,000 | $10,000 |
| 2017 | $11,083 | $1,487,000 | $1,477,000 | $10,000 |
| 2016 | $10,312 | $1,361,000 | $1,351,000 | $10,000 |
| 2015 | $9,986 | $1,233,000 | $1,223,000 | $10,000 |
| 2014 | -- | $1,141,000 | $1,131,000 | $10,000 |
| 2013 | -- | $854,000 | $794,000 | $60,000 |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM705070
APN: 192405-9009
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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.
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