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4130 Holly Lane

4130 Holly Lane, Mercer Island, WA 98040
Property in King
Sold Jan 13, 1999
$1,360,877
$350,000 by Washington Mutual Bank
Mortgage Due Feb 01, 2029
Sold Aug 01, 1996
$349,000
Local assessors in Mercer Island, WA have categorized 4130 Holly Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 18,870 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4130 Holly Lane has a total of 5,440 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 1,600 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 980 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4130 Holly Lane sold most recently in Jan 5, 1999 for a total of $1,360,877. If you work out the math, that's approximately a cost of $211.97 per sqft. Before that, the property was also sold for $349,000 in Jul 26, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $24,759 in taxes each year. The initial year of tax delinquency occurred in 2023. 4130 Holly Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,596,000. If we break it down further, the land itself was valued at $1,539,000. Improvements to the property, however, were assessed at a total of $2,057,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 1
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,600
  • Garage Type: Attached
  • Garage Square Area: 980
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 18,870
  • Total Building Area: 6,420
  • Gross Building Area: 6,420
  • Building Area: 5,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 5,440
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ISLAND PARK REPLAT OF
  • Land Acres: 0.433
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ISLAND PARK REPLAT OF POR OF W 222 FT OF E 600 FT SLY OF LN RNG FRM PT 65 FT N OF SW COR THOF TO PT 105 FT N OF SE COR THOF

Ownership

  • Current Owner : COLE MARK S
  • Current Owner 2: COLE CATHERINE J
  • Previous Owner : FIRST EDITION HOMES INC
  • Owner Before Previous Owner: MCLAUGHLIN DAVID L
  • Owner Before Previous Owner 2: MCLAUGHLIN SALLY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mercer Island School District
  • Census Tract: 024500

Zoning

  • Zoning: R-15

Geography

  • Account Number: 362350019109
  • District: MERCER ISLAN
  • Parcel: 362350-0191
  • Lot: 14
  • Meridian: SEC 13 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5711
  • Longitude: -122.234

    Address

  • Full Address: 4130 Holly Ln
  • Address - House Number: 4130
  • Address - Street Name: Holly
  • Address - Suffix Type: Ln
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C019
  • 4-Digit Zip Code: 3916
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $24,759
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.1069
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 89
  • Final Value: 4,223,944
  • High Value: 4,675,544
  • Low Value: 3,772,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Jan 13, 1999
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2029

    Market Valuation

  • Market Total Value: $3,596,000
  • Market Land Value: $1,539,000
  • Market Improvement Value: $2,057,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,596,000
  • Assessed Land Value: $1,539,000
  • Assessed Improvements Value: $2,057,000

    Sales

  • Current Sale Contract Date: Jan 05, 1999
  • Current Sale Recording Date: Jan 13, 1999
  • Current Sale Transaction ID: 1202799328
  • Current Sale Price: $1,360,877
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9901131792
  • Previous Sale Recording Date: Aug 01, 1996
  • Previous Sale Contract Date: Jul 26, 1996
  • Previous Sale Amount: $349,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: Jan 13, 1999
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Feb 01, 2029

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Mercer Island



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$4,577 /mo

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  • 2 Baths
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Frequently Asked Questions

What neighborhood is 4130 Holly Lane located in?
The 4130 Holly Lane is a located in the neighborhood of King in Mercer Island, Mercer Island.
What is the average sales price for listings in 4130 Holly Lane?
The average sales price for units in 4130 Holly Lane is $0 currently.

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