NOT LISTED FOR SALE

5053 88th Ave SE Mercer Island, WA 98040

Forest Avenue Neighborhood

Estimated Value: $1,830,000 - $2,204,000

3 Beds
2 Baths
2,020 Sq Ft
$982/Sq Ft Est. Value

Last Sold July 01, 2013

Last sale price $735,000 $364 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $11,999/month

25 Days on Market

About This Home

As of July 2013

Enchanting mid-island cottage sited on a private level 17,400 sq ft lot. This 3 bdr, 2bth home has been lovingly maintained and updated. Light and bright living spaces with lofty ceilings and new insulated windows flooding the home with natural light and views of the surrounding gardens and french doors leading to decks and patios. Fabulous in home office with separate outside entry and built in bookcases and storage galore. Located on a beautiful western facing private lot near Isl Park

Last Listed By

Bonnie Sanborn

Engel & Voelkers Mercer Island License #19155 Listed on: 04/23/2013

Engel & Voelkers Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM476988

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$11,962

Year Built

1946

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 2020
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1946

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Features: Skylights
  • Fireplaces: 1
  • Floor: Hardwood, Wall to Wall Carpet
  • Water Heater Location: 2 electric

Exterior Features

  • Roof: Metal
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Metal
  • Site Features: Patio

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 1

Utilities

  • Cooling: Forced Air
  • Heating: Baseboard, Forced Air, Radiant
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Baseboard, Forced Air, Radiant
  • Sewer: Connected
  • Water Source: Public

Schools

  • School District: MIS
  • Elementary School: Isl Park Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jun 7, 2013
Sold by
Williams Robert F and Hill Williams Deborah A
Bought by
Skimming William M and Skimming Christy A
Seller's Agent
Bonnie Sanborn
Engel & Voelkers Mercer Island
Buyer's Agent
Kathryn Lerner
Windermere Mercer Island
List Price
$735,000
Sold Price
$735,000
Total Days on Market
25
Current Estimated Value
$1,984,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,249,396
Original Mortgage
$417,000
Outstanding Balance
$308,369
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1992
Sold by
Gappa Jo Ellen
Bought by
Williams Robert F and Williams Deborah A

Range of Values:

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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
Skimming William M $735,000 Fidelity Natio
Williams Robert F $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skimming William M $417,000
Previous Owner Williams Robert F $296,000
Previous Owner Williams Robert F $318,000
Previous Owner Williams Robert F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2013 07/01/13 Sold $735,000 0.0% $364 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $735,000 -- $364 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $11,962 $1,825,000 $1,459,000 $366,000
2023 $11,768 $1,714,000 $1,377,000 $337,000
2022 $10,563 $1,917,000 $1,550,000 $367,000
2021 $10,144 $1,433,000 $1,276,000 $157,000
2020 $8,653 $1,266,000 $1,216,000 $50,000
2018 $8,397 $1,071,000 $974,000 $97,000
2017 $7,097 $967,000 $881,000 $86,000
2016 $6,603 $871,000 $806,000 $65,000
2015 $6,368 $789,000 $730,000 $59,000
2014 -- $727,000 $675,000 $52,000
2013 -- $654,000 $594,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Sanborn

    Seller's Agent in 2013

    Bonnie Sanborn

    Engel & Voelkers Mercer Island

    (206) 919-3501

    9 Total Sales

    Bonnie Sanborn
    Section Image
  • Kathryn Lerner

    Buyer's Agent in 2013

    Kathryn Lerner

    Windermere Corporate

    (206) 406-9613

    2 in this area

    22 Total Sales

    Kathryn Lerner
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM476988

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9260

Washington King County Mercer Island 98040 Forest Avenue

5053 88th Ave SE, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 5053 88th Ave SE, Mercer Island, WA 98040 since 23 April 2013 and is currently estimated at $1,984,396, approximately $982 per square foot. This property was built in 1946. 5053 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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