NOT LISTED FOR SALE

4809 88th Place SE Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $2,141,000 - $2,376,000

4 Beds
3 Baths
2,240 Sq Ft
$998/Sq Ft Est. Value

About This Home

This home is located at 4809 88th Place SE, Mercer Island, WA 98040 and is currently estimated at $2,235,771, approximately $998 per square foot. 4809 88th Place 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 9, 2015
Sold by
Brown Alan J
Bought by
Lawrence Richard D and Lawrence Suzanne C
Current Estimated Value
$2,235,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2013
Sold by
Catlin Michael and Catlin Lysa M
Bought by
Brown Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2013
Sold by
Catlin Lysa M
Bought by
Catlin Lysa M and Catlin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,437
Interest Rate
3.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 12, 2011
Sold by
Catlin Michael E
Bought by
Catlin Lysa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,100
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2011
Sold by
Baker Gerald E
Bought by
Catlin Lysa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,100
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 1992
Sold by
Richards Solveig M
Bought by
Baker Gerald E

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Lawrence Richard D $1,225,000 Rainier Title
Brown Alan J $817,000 Fidelity Natio
Catlin Lysa M -- First American
Catlin Lysa M -- Ticor National
Catlin Lysa M $629,000 Ticor National
Baker Gerald E $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Suzanne C $295,000
Closed Lawrence Richard D $417,000
Previous Owner Brown Alan J $762,000
Previous Owner Brown Alan J $755,500
Previous Owner Brown Alan J $636,000
Previous Owner Catlin Lysa M $62,437
Previous Owner Catlin Lysa M $500,000
Previous Owner Catlin Lysa M $566,100
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 $12,106 $1,847,000 $1,135,000 $712,000
2023 $11,915 $1,735,000 $1,071,000 $664,000
2022 $10,423 $1,941,000 $1,205,000 $736,000
2021 $10,008 $1,414,000 $992,000 $422,000
2020 $9,868 $1,249,000 $945,000 $304,000
2018 $9,577 $1,222,000 $794,000 $428,000
2017 $7,728 $1,103,000 $718,000 $385,000
2016 $7,159 $993,000 $657,000 $336,000
2015 $6,114 $900,000 $595,000 $305,000
2014 -- $698,000 $550,000 $148,000
2013 -- $663,000 $515,000 $148,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Forest Avenue

4809 88th Place SE, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 4809 88th Place SE, Mercer Island, WA 98040 and is currently estimated at $2,235,771, approximately $998 per square foot. 4809 88th Place SE is a home located in King County with nearby schools including Island Park Elementary School, Islander Middle School, and Mercer Island High School.

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