4885 Forest Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $3,859,000 - $9,589,000
3
Beds
4
Baths
7,230
Sq Ft
$1,041/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 $7,524,071, approximately $1,040 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
Purchase Details
Closed on
Sep 12, 1988
Sold by
Lentz Richard and Lentz Barbara
Bought by
Erlitz Marc D and Erlitz Maria J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erlitz Marc D | -- | None Available | |
| Erlitz Marc D | $1,130,000 | -- |
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 | $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
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