NOT LISTED FOR SALE

4851 86th Ave SE Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $2,053,000 - $2,362,000

4 Beds
3 Baths
1,620 Sq Ft
$1,374/Sq Ft Est. Value

About This Home

This home is located at 4851 86th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,226,669, approximately $1,374 per square foot. 4851 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
Mar 29, 2002
Sold by
Erwin Glenda C
Bought by
Selman Michael D and Selman Janice P
Current Estimated Value
$2,101,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.78%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 18, 1996
Sold by
Erwin Glenda
Bought by
Erwin Eugene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.48%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Selman Michael D $610,000 Transnation Title Insurance
Erwin Eugene K -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selman Michael D $715,000
Closed Selman Mike D $719,250
Closed Selman Michael D $251,400
Closed Selman Michael D $300,700
Previous Owner Erwin Eugene K $100,000
Closed Selman Michael D $248,300
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 $12,171 $1,877,000 $1,350,000 $527,000
2023 $12,011 $1,743,000 $1,274,000 $469,000
2022 $10,747 $1,950,000 $1,434,000 $516,000
2021 $10,320 $1,458,000 $1,181,000 $277,000
2020 $9,008 $1,288,000 $1,125,000 $163,000
2018 $8,736 $1,115,000 $902,000 $213,000
2017 $7,626 $1,006,000 $816,000 $190,000
2016 $7,096 $936,000 $746,000 $190,000
2015 $6,840 $848,000 $676,000 $172,000
2014 -- $781,000 $625,000 $156,000
2013 -- $693,000 $515,000 $178,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Forest Avenue

4851 86th Ave SE, Mercer Island, WA

This home is located at 4851 86th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,226,669, approximately $1,374 per square foot. 4851 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.

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