Seattle · Commercial sale
4001 Icw buys 4001 Island Crest Way in Mercer Island for $7.1 million
A religious property at 4001 Island Crest Way, Mercer Island sold for $7,100,000 on September 15, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $7,100,000
- Sold
- September 15, 2026
- Property type
- Religious property
- Lot size
- 107,450 sq ft
The $7,100,000 sale of a religious property at 4001 Island Crest Way in Mercer Island was 41% above its recorded market value of $5,035,000, according to the King County Department of Assessments' sales records.
The property sold on September 15, 2026, according to the sales records.
The record lists Church Of Jesus Christ Of Later Day Saints as the seller and 4001 Icw LLC as the buyer. The Assessor's records show a 2.47-acre lot.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $182,075 for the state real estate excise tax (graduated) and $35,500 for the local real estate excise tax (0.50%). The seller's estimated net is $6,821,677 before brokerage commissions and any loan payoff. A cash buyer would need about $7,055,837 at closing.
Source: King County Department of Assessments, real property sales, document 3395579. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
