NOT LISTED FOR SALE

4309 Forest Ave SE Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $3,242,000 - $7,816,462

4 Beds
4 Baths
4,220 Sq Ft
$1,482/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $3,200,000 $758 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $38,239/month

10 Days on Market

About This Home

As of June 2013

Living the life on Forest Avenue Waterfront!Stunning NW design w/natural wood beams and ceilings crowned by central skylight, major remodel 2003 created spacious view master and bath,gorgeous kitchen with slab granite,hardwood floors,overlooking 70 ft. flat grassy yard and lake.Fantastic location on desirable Forest Ave down meandering lane offering privacy and quick commute to Seattle or Bellevue.Prime Western exposure for longer days to enjoy city,lake and mountain views. Ironwood deck & dock!

Last Listed By

Cindy Verschueren

John L. Scott, Inc. License #3777 Listed on: 04/30/2013

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM480079

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$42,803

Year Built

1979

Lot Details

0

Interior Features

  • Basement: Daylight, Fully Finished
  • Features: 2nd Kitchen, Wet Bar, Bath Off Master, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, Hot Tub/Spa, Security System, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 3
  • Floor: Hardwood, Slate, Wall to Wall Carpet
  • Water Heater Location: Basement-gas

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Dock, Natural Gas Available, Moorage, Patio
  • View: City, Lake, Mountain
  • Waterfront: Lake
  • Waterfront Frontage: 70

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 3

Utilities

  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air, Heat Pump
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jun 13, 2013
Sold by
Stanley Dennis L and Stanley Sherri A
Bought by
Chernicoff Richard S and Chernicoff Helen O
Seller's Agent
Cindy Verschueren
John L. Scott, Inc.
Buyer's Agent
Dan Faulkner
COMPASS
List Price
$3,200,000
Sold Price
$3,200,000
Total Days on Market
10
Current Estimated Value
$6,253,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,053,821
Avg. Annual Appreciation
5.46%
Original Mortgage
$1,600,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 5, 1986
Sold by
Beresford Jerry C
Bought by
Stanley Dennis L and Stanley Sherri A

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
Chernicoff Richard S $3,200,000 Chicago Title
Stanley Dennis L $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chernicoff Richard S $1,363,435
Closed Chernicoff Richard S $1,502,100
Closed Chernicoff Richard S $1,600,000
Previous Owner Stanley6 Dennis L $350,000
Previous Owner Stanley Dennis L $470,000
Previous Owner Stanley Dennis L $490,000
Previous Owner Stanley Dennis L $1,000,000
Previous Owner Stanley Dennis L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2013 06/17/13 Sold $3,200,000 0.0% $758 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $3,200,000 -- $758 / 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 $42,803 $6,538,000 $3,254,000 $3,284,000
2023 $42,261 $6,140,000 $3,070,000 $3,070,000
2022 $36,826 $6,867,000 $3,454,000 $3,413,000
2021 $35,347 $5,002,000 $2,843,000 $2,159,000
2020 $33,043 $4,417,000 $2,708,000 $1,709,000
2018 $34,297 $4,096,000 $2,380,000 $1,716,000
2017 $28,733 $3,954,000 $2,289,000 $1,665,000
2016 $26,700 $3,559,000 $2,093,000 $1,466,000
2015 $25,948 $3,223,000 $1,895,000 $1,328,000
2014 -- $2,967,000 $1,752,000 $1,215,000
2013 -- $2,257,000 $1,706,000 $551,000
Source: Public Records

Agents Affiliated with this Home

  • Cindy Verschueren

    Seller's Agent in 2013

    Cindy Verschueren

    John L Scott

    (206) 909-4523

    1 in this area

    42 Total Sales

    Cindy Verschueren
    Section Image
  • Dan Faulkner

    Buyer's Agent in 2013

    Dan Faulkner

    Avenue Properties

    (425) 628-1367

    1 in this area

    173 Total Sales

    Dan Faulkner
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM480079

Northwest Multiple Listing Service (NWMLS)

APN: 132404-9028

Washington King County Mercer Island 98040 Forest Avenue

4309 Forest Ave SE, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4309 Forest Ave SE, Mercer Island, WA 98040 since 30 April 2013 and is currently estimated at $6,253,821, approximately $1,481 per square foot. This property was built in 1979. 4309 Forest Ave SE is a home located in King County with nearby schools including West Mercer 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) 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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