4703 86th Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $2,516,539 - $3,179,000
4
Beds
3
Baths
3,970
Sq Ft
$730/Sq Ft
Est. Value
About This Home
This home is located at 4703 86th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,898,635, approximately $730 per square foot. 4703 86th 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 14, 2021
Sold by
Sherland Peter W and Sherland Barbara Carol
Bought by
Sherland Christopher P and Sherland Lisa L
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
$1,400,000
Outstanding Balance
$1,270,283
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,628,352
Purchase Details
Closed on
Apr 16, 1997
Sold by
Rkk Construction Inc
Bought by
Sherland Peter W and Sherland Barbara Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
7.25%
Purchase Details
Closed on
May 14, 1996
Sold by
Fay Ruth Louise and Fay Patrick Murphy
Bought by
Rkk Construction Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
7.8%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sherland Christopher P | $2,000,000 | Fidelity Natl Ttl Co Of Wa I | |
| Sherland Peter W | $740,000 | -- | |
| Rkk Construction Inc | $225,000 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sherland Christopher P | $1,400,000 | |
| Previous Owner | Sherland Peter W | $583,000 | |
| Previous Owner | Rkk Construction Inc | $168,750 | |
| Closed | Sherland Peter W | $83,000 |
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 | $15,581 | $2,378,000 | $1,162,000 | $1,216,000 |
| 2023 | $15,388 | $2,234,000 | $1,097,000 | $1,137,000 |
| 2022 | $13,764 | $2,499,000 | $1,235,000 | $1,264,000 |
| 2021 | $13,215 | $1,868,000 | $1,017,000 | $851,000 |
| 2020 | $13,744 | $1,650,000 | $969,000 | $681,000 |
| 2018 | $12,950 | $1,703,000 | $794,000 | $909,000 |
| 2017 | $10,936 | $1,492,000 | $718,000 | $774,000 |
| 2016 | $10,178 | $1,343,000 | $657,000 | $686,000 |
| 2015 | $9,811 | $1,217,000 | $595,000 | $622,000 |
| 2014 | -- | $1,121,000 | $550,000 | $571,000 |
| 2013 | -- | $912,000 | $515,000 | $397,000 |
Source: Public Records
Map
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