4617 Forest Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $5,203,000 - $6,769,000
5
Beds
5
Baths
4,220
Sq Ft
$1,390/Sq Ft
Est. Value
About This Home
This home is located at 4617 Forest Ave SE, Mercer Island, WA 98040 and is currently estimated at $5,867,223, approximately $1,390 per square foot. 4617 Forest 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
Oct 20, 1999
Sold by
Arnstein Sam and Porte Arnstein Wendy S
Bought by
Spitzer Robert B and Spitzer Kathleen M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$230,671
Interest Rate
6.5%
Estimated Equity
$5,636,552
Purchase Details
Closed on
May 11, 1999
Sold by
Arnstein Sam
Bought by
Arnstein Sam and Porte Arnstein Wendy S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spitzer Robert B | $1,149,000 | Chicago Title Insurance Co | |
| Arnstein Sam | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spitzer Robert B | $850,000 |
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 | $36,750 | $5,613,000 | $2,195,000 | $3,418,000 |
| 2023 | $36,282 | $5,271,000 | $2,071,000 | $3,200,000 |
| 2022 | $32,440 | $5,895,000 | $2,330,000 | $3,565,000 |
| 2021 | $31,132 | $4,406,000 | $1,918,000 | $2,488,000 |
| 2020 | $29,049 | $3,890,000 | $1,827,000 | $2,063,000 |
| 2018 | $30,144 | $3,600,000 | $1,535,000 | $2,065,000 |
| 2017 | $26,309 | $3,475,000 | $1,476,000 | $1,999,000 |
| 2016 | $24,470 | $3,233,000 | $1,350,000 | $1,883,000 |
| 2015 | $23,579 | $2,928,000 | $1,222,000 | $1,706,000 |
| 2014 | -- | $2,696,000 | $1,130,000 | $1,566,000 |
| 2013 | -- | $2,870,000 | $1,535,000 | $1,335,000 |
Source: Public Records
Map
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