NOT LISTED FOR SALE

4816 88th Ave SE Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $1,860,849 - $2,257,000

5 Beds
2 Baths
1,530 Sq Ft
$1,355/Sq Ft Est. Value

About This Home

This home is located at 4816 88th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,072,712, approximately $1,354 per square foot. 4816 88th 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
Dec 8, 1993
Sold by
Avco Financial Services Of Us
Bought by
Lai Wing Kuen Louis and Lai Lorraine L
Current Estimated Value
$2,072,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.09%

Purchase Details

Closed on
Nov 9, 1993
Sold by
West Vicky K
Bought by
Teramoto Stuart M and Teramoto Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.09%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Judd M V
Bought by
Avco Financial Services Of Us

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,650
Interest Rate
6.91%

Purchase Details

Closed on
May 6, 1992
Sold by
Starshire Inc
Bought by
Wilkinson Yvonne R
Source: Public Records

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

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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
Lai Wing Kuen Louis $215,000 --
Teramoto Stuart M $58,500 Commonwealth Land Title
Avco Financial Services Of Us $254,000 --
Avco Financial Services Of Us $254,000 --
Wilkinson Yvonne R $262,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lai Wing Kuen Louis $172,000
Closed Teramoto Stuart M $52,650
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 $10,058 $1,534,000 $1,140,000 $394,000
2023 $9,933 $1,441,000 $1,076,000 $365,000
2022 $8,885 $1,612,000 $1,211,000 $401,000
2021 $8,528 $1,205,000 $997,000 $208,000
2020 $8,289 $1,064,000 $950,000 $114,000
2018 $8,042 $1,026,000 $794,000 $232,000
2017 $6,796 $926,000 $718,000 $208,000
2016 $6,327 $834,000 $657,000 $177,000
2015 $6,097 $756,000 $595,000 $161,000
2014 -- $696,000 $550,000 $146,000
2013 -- $622,000 $515,000 $107,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Forest Avenue

4816 88th Ave SE, Mercer Island, WA

This home is located at 4816 88th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,072,712, approximately $1,354 per square foot. 4816 88th 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.

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