5030 88th Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $1,649,000 - $3,091,000
4
Beds
3
Baths
3,970
Sq Ft
$591/Sq Ft
Est. Value
About This Home
This home is located at 5030 88th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,346,187, approximately $590 per square foot. 5030 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
Apr 23, 1996
Sold by
City Of Mercer Island
Bought by
Rubenstein Jeffrey E and Rubenstein Hermine S
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
$304,000
Outstanding Balance
$14,984
Interest Rate
7.84%
Estimated Equity
$2,331,203
Purchase Details
Closed on
Jan 11, 1995
Sold by
Wright William H and Wright Donna L
Bought by
City Of Mercer Island
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rubenstein Jeffrey E | $380,000 | Chicago Title Insurance Co | |
| City Of Mercer Island | $554,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rubenstein Jeffrey E | $304,000 |
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 | $12,426 | $1,896,000 | $1,147,000 | $749,000 |
| 2023 | $12,228 | $1,781,000 | $1,083,000 | $698,000 |
| 2022 | $10,975 | $1,992,000 | $1,219,000 | $773,000 |
| 2021 | $10,536 | $1,489,000 | $1,004,000 | $485,000 |
| 2020 | $9,481 | $1,315,000 | $957,000 | $358,000 |
| 2018 | $9,204 | $1,174,000 | $729,000 | $445,000 |
| 2017 | $8,041 | $1,060,000 | $660,000 | $400,000 |
| 2016 | $7,480 | $987,000 | $604,000 | $383,000 |
| 2015 | $7,207 | $894,000 | $547,000 | $347,000 |
| 2014 | -- | $823,000 | $506,000 | $317,000 |
| 2013 | -- | $659,000 | $444,000 | $215,000 |
Source: Public Records
Map
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