NOT LISTED FOR SALE

4703 86th Ave SE Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $2,548,000 - $3,319,000

4 Beds
3 Baths
3,970 Sq Ft
$720/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 $2,858,273, approximately $719 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
$2,858,273

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
$1,300,179
Interest Rate
2.9%
Mortgage Type
New Conventional

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%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
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 $573,500
Previous Owner Sherland Peter W $330,000
Previous Owner Sherland Barbara Carol $341,700
Previous Owner Sherland Peter W $332,000
Previous Owner Sherland Peter W $500,000
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

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 $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

Washington King County Mercer Island 98040 Forest Avenue

4703 86th Ave SE, Mercer Island, WA

This home is located at 4703 86th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,858,273, approximately $719 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.

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.

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