4825 88th Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated payment $9,694/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
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 | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | Pending | -- | -- | -- | |
| 10/30/2025 10/30/25 | Price Changed | $1,799,988 | -2.4% | $431 / Sq Ft | |
| 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 | View Prior Sale |
| 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 | $180,000 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2280268
APN: 546350-0020
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