4825 88th Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated payment $9,951/month
Highlights
- Lake View
- Deck
- Wood Flooring
- Island Park Elementary School Rated A
- Vaulted Ceiling
- 3 Fireplaces
About This Home
Welcome home -centrally located mid-island, right were you want to be! An updated 4 bedroom, 4 bathroom, 4,180sf updated & well cared for residence. Boasting fantastic west facing filtered lake views & huge entertainment sized view deck- perfect for play and entertaining. A great layout with Primary Suite on main level and formal dining, living and family rooms. Lower level has fantastic spaces for play, office and media room. Home features include: Air Conditioning, Gas Cooktop, two kitchen sinks & wine fridge. Easy access to schools, shopping, parks, dining and freeway.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2280268
Open House Schedule
-
Sunday, September 21, 202511:30 am to 1:30 pm9/21/2025 11:30:00 AM +00:009/21/2025 1:30:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,489
Year Built
- Built in 1972
Lot Details
- 10,811 Sq Ft Lot
- Street terminates at a dead end
- Sloped Lot
Parking
- 2 Car Detached Garage
Property Views
- Lake
- Territorial
- Limited
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 4,180 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- 3 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- French Doors
- Dining Room
- Finished Basement
Kitchen
- Walk-In Pantry
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Travertine
Bedrooms and Bathrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Deck
Schools
- Island Park Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Radiant Heating System
- Generator Hookup
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Mid Island Subdivision
Listing and Financial Details
- Senior Tax Exemptions
- Assessor Parcel Number 546500020
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,371 | $1,895,000 | $997,000 | $898,000 |
| 2023 | $2,489 | $1,780,000 | $941,000 | $839,000 |
| 2022 | $12,020 | $1,991,000 | $1,059,000 | $932,000 |
| 2021 | $11,535 | $1,631,000 | $872,000 | $759,000 |
| 2020 | $11,376 | $1,440,000 | $831,000 | $609,000 |
| 2018 | $11,042 | $1,409,000 | $818,000 | $591,000 |
| 2017 | $9,326 | $1,272,000 | $740,000 | $532,000 |
| 2016 | $8,675 | $1,145,000 | $677,000 | $468,000 |
| 2015 | $8,360 | $1,037,000 | $613,000 | $424,000 |
| 2014 | -- | $955,000 | $567,000 | $388,000 |
| 2013 | -- | $733,000 | $517,000 | $216,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Price Changed | $1,844,988 | -0.8% | $441 / Sq Ft |
| 08/25/2025 08/25/25 | Price Changed | $1,859,988 | -0.8% | $445 / Sq Ft |
| 07/24/2025 07/24/25 | Price Changed | $1,874,988 | -1.3% | $449 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $1,899,988 | -5.0% | $455 / Sq Ft |
| 05/19/2025 05/19/25 | Price Changed | $1,999,988 | -4.8% | $478 / Sq Ft |
| 04/15/2025 04/15/25 | Price Changed | $2,099,988 | -4.5% | $502 / Sq Ft |
| 03/18/2025 03/18/25 | Price Changed | $2,199,988 | -4.3% | $526 / Sq Ft |
| 02/14/2025 02/14/25 | Price Changed | $2,299,988 | -1.1% | $550 / Sq Ft |
| 01/16/2025 01/16/25 | Price Changed | $2,325,000 | -3.7% | $556 / Sq Ft |
| 12/13/2024 12/13/24 | Price Changed | $2,415,000 | -0.9% | $578 / Sq Ft |
| 11/22/2024 11/22/24 | Price Changed | $2,435,750 | -3.9% | $583 / Sq Ft |
| 09/24/2024 09/24/24 | Price Changed | $2,535,750 | -2.5% | $607 / Sq Ft |
| 09/03/2024 09/03/24 | For Sale | $2,599,988 | +36.1% | $622 / Sq Ft |
| 05/25/2022 05/25/22 | Sold | $1,910,000 | -3.9% | $457 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 04/12/2022 04/12/22 | For Sale | $1,988,000 | -- | $476 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $1,910,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,528,000 | New Conventional | |
| Previous Owner | $406,500 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Stand Alone Second | |
| Previous Owner | $180,000 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2280268
APN: 546350-0020
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
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