NOT LISTED FOR SALE

4877 Forest Ave SE Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $3,396,000 - $6,589,000

6 Beds
4 Baths
3,860 Sq Ft
$1,353/Sq Ft Est. Value

About This Home

This home is located at 4877 Forest Ave SE, Mercer Island, WA 98040 and is currently estimated at $5,221,885, approximately $1,352 per square foot. 4877 Forest 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
Apr 2, 2001
Sold by
Roth Cary L and Roth Sharon K
Bought by
Gittelman Arye and Gittelman Eleanor E
Current Estimated Value
$5,221,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$255,462
Interest Rate
7.19%

Purchase Details

Closed on
Nov 4, 1999
Sold by
Luster John B and Luster Kathryn A
Bought by
Roth Cary L and Roth Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.68%

Purchase Details

Closed on
Apr 11, 1998
Sold by
Luster Joan E and Luster Barbara C
Bought by
Luster John B and Luster Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
8%
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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Gittelman Arye $1,982,500 Chicago Title
Roth Cary L $1,800,000 Chicago Title
Luster John B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gittelman Arye $600,000
Previous Owner Roth Cary L $1,100,000
Previous Owner Luster John B $486,000
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 $33,124 $5,059,000 $3,818,000 $1,241,000
2023 $32,705 $4,751,000 $3,602,000 $1,149,000
2022 $29,239 $5,313,000 $4,052,000 $1,261,000
2021 $28,060 $3,971,000 $3,335,000 $636,000
2020 $26,839 $3,506,000 $3,177,000 $329,000
2018 $27,846 $3,326,000 $2,816,000 $510,000
2017 $23,511 $3,210,000 $2,708,000 $502,000
2016 $21,872 $2,889,000 $2,476,000 $413,000
2015 $21,070 $2,617,000 $2,241,000 $376,000
2014 -- $2,409,000 $2,072,000 $337,000
2013 -- $2,575,000 $2,327,000 $248,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Forest Avenue

4877 Forest Ave SE, Mercer Island, WA

This home is located at 4877 Forest Ave SE, Mercer Island, WA 98040 and is currently estimated at $5,221,885, approximately $1,352 per square foot. 4877 Forest 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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