NOT LISTED FOR SALE

5222 Forest Ave SE Mercer Island, WA 98040

Groveland Neighborhood

Estimated Value: $1,032,000 - $4,581,000

4 Beds
4 Baths
4,498 Sq Ft
$464/Sq Ft Est. Value

About This Home

This home is located at 5222 Forest Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,087,392, approximately $464 per square foot. 5222 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
Oct 27, 2021
Sold by
Knutson Mahnaz and Knutson Steven P
Bought by
Seascape Homes Llc
Current Estimated Value
$2,087,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,345
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Seascape Homes Llc $1,100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seascape Homes Llc $979,399
Closed Seascape Homes Llc $892,345
Source: Public Records

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 $6,281 $957,000 $957,000 --
2023 $6,231 $903,000 $903,000 $0
2022 $6,177 $1,016,000 $1,016,000 $0
2021 $6,400 $837,000 $837,000 $0
2020 $5,298 $798,000 $798,000 $0
2018 $5,161 $656,000 $656,000 $0
2017 $4,428 $594,000 $594,000 $0
2016 $4,121 $543,000 $543,000 $0
2015 $3,988 $492,000 $492,000 $0
2014 -- $455,000 $455,000 $0
2013 -- $454,000 $454,000 $0
Source: Public Records

Map

Washington King County Mercer Island 98040 Groveland

5222 Forest Ave SE, Mercer Island, WA

This home is located at 5222 Forest Ave SE, Mercer Island, WA 98040 and is currently estimated at $2,087,392, approximately $464 per square foot. 5222 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.

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.

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