NOT LISTED FOR SALE

4327 Forest Ave SE Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $3,046,000 - $3,929,166

4 Beds
3.5 Baths
3,945 Sq Ft
$884/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $3,200,000 $811 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $21,165/month

75 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Sauna
  • West Mercer Elementary School Rated A
  • Community Boat Launch
  • 1-minute walk to Forest Landing

About This Home

As of June 2023

Enjoy the Mercer Island lifestyle in this fabulous 4 bedroom, 3 bath home Located on the much-desired gold coast of the island. Built-in 1982 with a clean and well-planned 3,945 sqft floor-plan between main house and detached unit. Gorgeous views of the Seattle skyline to Seward Park. Premium location with 22’ of waterfront and dock shared w/ southern neighbor. Cozy detached additional dwelling unit w/ beautiful views and loft over 3 car garage. Great room with wide french doors for easy patio access and entertainment. Fully finished sunlight-filled basement with sauna and garden access. Step down for lush gardens, green grass, and a private waterfront oasis.

Last Listed By

Slaveck Moraru

HomeSmart Real Estate Assoc License #131901 Listed on: 02/15/2023

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2036636

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,151

Year Built

  • Built in 1982

Lot Details

  • 0.33 Acre Lot
  • Low Bank Waterfront Property
  • 22 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Sprinkler System
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,945 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Sauna
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Heat Pump System
  • Propane
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9365700344

Community Details

Overview

  • No Home Owners Association
  • West Mercer Subdivision

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,151

Year Built

Built in 1982

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1982
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3945
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 820

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Dining Room, French Doors, Sauna, Vaulted Ceiling(s), Wet Bar, Fireplace, Water Heater
  • Living Area: 3945
  • Main Level Bedrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3945
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Cedar Shake
  • View: City, Lake, Mountain(s)
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 22

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Available, Sewer Connected
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterHeaterLocation: Basement Closet
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Boat Launch
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 9365700344
  • Land Lease: No
  • Lot Size Acres: 0.3318
  • Lot Size Sq Ft: 14455
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Gas Available,High Speed Internet,Moorage,Outbuildings,Patio,Propane,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 20151

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
May 29, 2023
Sold by
Chenoweth Credit Trust
Bought by
Garcia Grant H and Garcia Natasha D
Seller's Agent
Slaveck Moraru
HomeSmart Real Estate Assoc
Buyer's Agent
Rachel Schindler
Realogics Sotheby's Int'l Rlty
List Price
$3,890,000
Sold Price
$3,200,000
Premium/Discount to List
-$690,000
-17.74%
Total Days on Market
75
Views
91
Current Estimated Value
$3,486,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,292
Original Mortgage
$2,560,000
Outstanding Balance
$2,511,444
Interest Rate
5.25%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Garcia Grant H $3,200,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Grant H $2,560,000
Previous Owner Chenoweth Thomas D $200,000
Previous Owner Chenoweth Thomas D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $3,200,000 -17.7% $811 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $3,890,000 -- $986 / 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 $22,046 $3,366,000 $1,956,000 $1,410,000
2023 $21,766 $3,161,000 $1,846,000 $1,315,000
2022 $20,151 $3,660,000 $2,077,000 $1,583,000
2021 $19,342 $2,736,000 $1,710,000 $1,026,000
2020 $18,614 $2,416,000 $1,629,000 $787,000
2018 $19,245 $2,306,000 $1,345,000 $961,000
2017 $16,524 $2,218,000 $1,294,000 $924,000
2016 $15,374 $2,030,000 $1,183,000 $847,000
2015 $991 $1,839,000 $1,071,000 $768,000
2014 -- $113,400 $0 $113,400
2013 -- $32,900 $0 $32,900
Source: Public Records

Agents Affiliated with this Home

  • Slaveck Moraru

    Seller's Agent in 2023

    Slaveck Moraru

    HomeSmart Real Estate Assoc

    (253) 426-5314

    1 in this area

    18 Total Sales

    Slaveck Moraru
    Section Image
  • Rachel Schindler

    Buyer's Agent in 2023

    Rachel Schindler

    Reaologics Sothebys International Realty

    (206) 250-5622

    8 in this area

    142 Total Sales

    Rachel Schindler
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2036636

Northwest Multiple Listing Service (NWMLS)

APN: 936570-0344

Washington King County Mercer Island 98040 Forest Avenue

4327 Forest Ave SE, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4327 Forest Ave SE, Mercer Island, WA 98040 since 15 February 2023 and is currently estimated at $3,486,292, approximately $883 per square foot. This property was built in 1982. 4327 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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