NOT LISTED FOR SALE

4885 Forest Ave SE Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $3,883,000 - $9,274,000

3 Beds
4 Baths
7,230 Sq Ft
$1,029/Sq Ft Est. Value

About This Home

This home is located at 4885 Forest Ave SE, Mercer Island, WA 98040 and is currently estimated at $7,440,954, approximately $1,029 per square foot. 4885 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
May 26, 2017
Sold by
Erlitz Marc D and Erlitz Maria J
Bought by
Erlitz Marc D and Erlitz Maria J
Current Estimated Value
$7,440,954

Purchase Details

Closed on
Sep 12, 1988
Sold by
Lentz Richard and Lentz Barbara
Bought by
Erlitz Marc D and Erlitz Maria J
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
Erlitz Marc D -- None Available
Erlitz Marc D $1,130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Erlitz Marc D $163,276
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 $67,277 $10,278,000 $5,484,000 $4,794,000
2023 $66,176 $9,652,000 $5,174,000 $4,478,000
2022 $59,380 $10,794,000 $5,821,000 $4,973,000
2021 $56,992 $8,067,000 $4,791,000 $3,276,000
2020 $50,653 $7,123,000 $4,563,000 $2,560,000
2018 $52,558 $6,279,000 $4,255,000 $2,024,000
2017 $45,870 $6,060,000 $4,092,000 $1,968,000
2016 $42,662 $5,638,000 $3,741,000 $1,897,000
2015 $41,096 $5,106,000 $3,386,000 $1,720,000
2014 -- $4,700,000 $3,130,000 $1,570,000
2013 -- $4,585,000 $2,929,000 $1,656,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Forest Avenue

4885 Forest Ave SE, Mercer Island, WA

This home is located at 4885 Forest Ave SE, Mercer Island, WA 98040 and is currently estimated at $7,440,954, approximately $1,029 per square foot. 4885 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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