5051 88th Ave SE Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated Value: $2,246,000 - $3,014,000
4
Beds
4
Baths
1,810
Sq Ft
$1,472/Sq Ft
Est. Value
About This Home
This home is located at 5051 88th Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,663,445, approximately $1,471 per square foot. 5051 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
Aug 27, 2012
Sold by
Barclay Steven W and Harrison Leslie A
Bought by
Barclay Steven W and Harrison Leslie A
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
$287,000
Outstanding Balance
$197,841
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$2,465,604
Purchase Details
Closed on
Jul 13, 2007
Sold by
Ilgenfritz Robert H and Ilgenfritz Gretchen Q
Bought by
Harrison Leslie A and Barclay Steven W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 5, 1985
Sold by
Taylor Jr Glenhall E and Taylor Patricia
Bought by
Ilgenfritz Robert H and Ilgenfritz Gretchen Q
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barclay Steven W | -- | First American | |
| Harrison Leslie A | $1,372,500 | Rainier Title | |
| Ilgenfritz Robert H | $382,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barclay Steven W | $287,000 | |
| Closed | Harrison Leslie A | $400,000 |
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 | $13,912 | $2,123,000 | $1,531,000 | $592,000 |
| 2023 | $13,737 | $1,994,000 | $1,445,000 | $549,000 |
| 2022 | $12,285 | $2,230,000 | $1,626,000 | $604,000 |
| 2021 | $11,791 | $1,667,000 | $1,339,000 | $328,000 |
| 2020 | $13,183 | $1,472,000 | $1,276,000 | $196,000 |
| 2018 | $12,794 | $1,633,000 | $1,070,000 | $563,000 |
| 2017 | $10,806 | $1,474,000 | $968,000 | $506,000 |
| 2016 | $10,053 | $1,327,000 | $885,000 | $442,000 |
| 2015 | $9,689 | $1,202,000 | $801,000 | $401,000 |
| 2014 | -- | $1,107,000 | $741,000 | $366,000 |
| 2013 | -- | $1,080,000 | $673,000 | $407,000 |
Source: Public Records
Map
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