4500 87th Ave SE Mercer Island, WA 98040
Ellis Pond NeighborhoodEstimated Value: $2,115,554 - $2,218,000
3
Beds
3
Baths
2,560
Sq Ft
$840/Sq Ft
Est. Value
About This Home
This home is located at 4500 87th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,150,889, approximately $840 per square foot. 4500 87th Ave SE is a home located in King County with nearby schools including Island Park Elementary School, Islander Middle School, and Mercer Island High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 8, 2011
Sold by
Bennett John G and Bennett Marie
Bought by
Adams Brian L and Adams Kathy L
Current Estimated Value
Purchase Details
Closed on
Sep 16, 2010
Sold by
Bennett John G and Bennett Marie
Bought by
Adams Brian L and Adams Kathy L
Purchase Details
Closed on
Aug 13, 2010
Sold by
Bennett John G and Bennett Marie
Bought by
Adams Brian L and Adams Kathy L
Purchase Details
Closed on
Jun 13, 1989
Sold by
Lane John R and Lane Josephine J
Bought by
Adams Brian L and Adams Kathy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.55%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adams Brian L | -- | Old Republic T | |
| Adams Brian L | -- | None Available | |
| Adams Brian L | -- | Old Republic T | |
| Adams Brian L | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adams Brian L | $250,000 | |
| Closed | Adams Brian L | $300,000 | |
| Previous Owner | Adams Brian L | $348,000 | |
| Previous Owner | Adams Brian L | $332,000 | |
| Previous Owner | Adams Brian L | $257,900 | |
| Previous Owner | Adams Brian L | $75,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,425 | $1,743,000 | $1,151,000 | $592,000 |
| 2023 | $11,241 | $1,637,000 | $1,086,000 | $551,000 |
| 2022 | $10,092 | $1,831,000 | $1,222,000 | $609,000 |
| 2021 | $9,688 | $1,369,000 | $1,006,000 | $363,000 |
| 2020 | $9,852 | $1,209,000 | $959,000 | $250,000 |
| 2018 | $9,559 | $1,220,000 | $794,000 | $426,000 |
| 2017 | $8,073 | $1,101,000 | $718,000 | $383,000 |
| 2016 | $7,514 | $991,000 | $657,000 | $334,000 |
| 2015 | $7,242 | $898,000 | $595,000 | $303,000 |
| 2014 | -- | $827,000 | $550,000 | $277,000 |
| 2013 | -- | $631,000 | $501,000 | $130,000 |
Source: Public Records
Map
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