4850 86th Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $1,748,000 - $2,064,000
3
Beds
2
Baths
1,500
Sq Ft
$1,285/Sq Ft
Est. Value
About This Home
This home is located at 4850 86th Ave SE, Mercer Island, WA 98040 and is currently estimated at $1,926,902, approximately $1,284 per square foot. 4850 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
May 13, 2004
Sold by
Olsen Christine L and Monson Michele L
Bought by
Loucks Quinn J and Bellas Christine M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$220,363
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,706,539
Purchase Details
Closed on
Feb 22, 1993
Sold by
Wiens Bradley A and Ringo Molly S
Bought by
Olsen Christine L and Olsen Michele M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Loucks Quinn J | $595,000 | Chicago Title | |
Olsen Christine L | $260,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Loucks Quinn J | $470,000 |
Source: Public Records
Tax History Compared to Growth
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 | $10,915 | $1,665,000 | $1,235,000 | $430,000 |
2023 | $10,779 | $1,564,000 | $1,166,000 | $398,000 |
2022 | $9,643 | $1,750,000 | $1,312,000 | $438,000 |
2021 | $9,256 | $1,308,000 | $1,080,000 | $228,000 |
2020 | $8,960 | $1,155,000 | $1,029,000 | $126,000 |
2018 | $8,692 | $1,109,000 | $875,000 | $234,000 |
2017 | $7,341 | $1,001,000 | $792,000 | $209,000 |
2016 | $6,829 | $901,000 | $724,000 | $177,000 |
2015 | $6,586 | $816,000 | $656,000 | $160,000 |
2014 | -- | $752,000 | $607,000 | $145,000 |
2013 | -- | $628,000 | $463,000 | $165,000 |
Source: Public Records
Map
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