5021 88th Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $2,165,000 - $2,972,000
4
Beds
3
Baths
3,310
Sq Ft
$808/Sq Ft
Est. Value
About This Home
This home is located at 5021 88th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,673,992, approximately $807 per square foot. 5021 88th 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, 2012
Sold by
Brousseau Robert L and Brousseau Jan F
Bought by
Bay Kevin A and Bay Melissa L
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
$687,200
Outstanding Balance
$474,656
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$2,199,336
Purchase Details
Closed on
May 1, 1989
Sold by
Johnston James W and Mary Kaye
Bought by
Brousseau Robert L and Brousseau Kan F
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bay Kevin A | $859,000 | Fidelity Natio | |
| Brousseau Robert L | $310,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bay Kevin A | $687,200 |
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 | $16,215 | $2,475,000 | $1,643,000 | $832,000 |
| 2023 | $16,015 | $2,325,000 | $1,550,000 | $775,000 |
| 2022 | $13,955 | $2,600,000 | $1,744,000 | $856,000 |
| 2021 | $13,399 | $1,894,000 | $1,436,000 | $458,000 |
| 2020 | $13,878 | $1,673,000 | $1,368,000 | $305,000 |
| 2018 | $11,874 | $1,719,000 | $1,264,000 | $455,000 |
| 2017 | $10,033 | $1,368,000 | $1,143,000 | $225,000 |
| 2016 | $9,335 | $1,232,000 | $1,045,000 | $187,000 |
| 2015 | $8,999 | $1,116,000 | $946,000 | $170,000 |
| 2014 | -- | $1,028,000 | $875,000 | $153,000 |
| 2013 | -- | $978,000 | $754,000 | $224,000 |
Source: Public Records
Map
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