3 months on rocket

4825 88th Ave SE, Mercer Island, WA, 98040

$2,415,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 2 Partial
4,180 SqFt
$578/SqFt
House

Location

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4825 88th Ave SE, Mercer Island$2,415,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingDetached Garage
Garage2 spaces
Year Built1972
HeatingForced Air, Heat Pump, Radiant
CoolingCentral Air, Heat Pump
BasementYes
FireplaceGas, Wood Burning
ViewLake, Partial, Territorial
MLS #2280268
Lot Size0.25 Acres
StatusActive

About 4825 88th Ave SE

Welcome home -centrally located mid-island, right were you want to be! An updated 4 bedroom, 4 bathroom, 4,180sf updated & well cared for residence. Boasting fantastic west facing filtered lake views & huge entertainment sized view deck- perfect for play and entertaining. A great layout with Primary Suite on main level and formal dining, living and family rooms. Lower level has fantastic spaces for play, office and media room. Home features include: Air Conditioning, Gas Cooktop, two kitchen sinks & wine fridge. Easy access to schools, shopping, parks, dining and freeway.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Living Area: 4,180 SqFt

Listing Office:

  • Office Name: Windermere Real Estate/East
  • Office Phone: (425) 455-5300
  • Listing Agent: Scott Richards

Interior Features

Interior Information:

  • Appliances: Disposal
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Travertine, Carpet
  • Interior: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hardwood, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Wired for Generator
  • Fireplace: Gas, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Lake, Partial, Territorial
  • Exterior: Wood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached Garage

Virtual/3D Tour

  • 3D Tour: 4825 88th Ave SE
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Lot Features

Lot Information:

  • Lot: Dead End Street, Paved
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Radiant
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: Island Crest South Right on 48th Left on 88th End of the street, last home on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,415,000
  • Price Per SqFt: $578/SqFt

Tax Information:

  • Annual Amount: $11,535
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mercer Island, WA.

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Mercer Island, WA

City

Med. Sold Price

$2.3M

Med. Price/SqFt

$792

Avg. Days On Market

22

# of Sold Homes

14

4825 88th Ave SE vs Mercer Island

105 DAYS ON ROCKET

+83 Days

$2,415,000

+$115K More

$578/SqFt

-$214 Less

KEY TAKEAWAY

This property is $115K more than the Median Sold Price and $214/SqFt less than other homes in Mercer Island, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2280268

Listing Office:

  • Office Name: Windermere Real Estate/East
  • Office Phone: (425) 455-5300
  • Listing Agent: Scott Richards

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:47:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$11,535$1,440,000
2018$10,595$1,409,000
2017$11,042$1,272,000

History based on county public records data.

Payment Calculator

$12.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,307

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4318320
9
/10

  • Island Park Elementary School

  • 5437 Island Crest Way

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-4318321
9
/10

  • West Mercer Elementary School

  • 4141 81st Ave SE

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-4318322
9
/10

  • Northwood Elementary School

  • 4030 86th Ave SE

  • 1.00 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $146,429. Residents of Mercer Island, WA typically earn between $100k-200k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4825 88th Ave SE

What is the listing price of this property?

The listing price of 4825 88th Ave SE property is $2,415,000.

What type of property is this?

The property 4825 88th Ave SE is a house located in Mercer Island, Washington, 98040.

Is this property for sale now?

Active Listing: 4825 88th Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,535 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4825 88th Ave SE has 4 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 4825 88th Ave SE is 4,180 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4825 88th Ave SE is 1972.

Rocket Homes›Washington›King County›Mercer Island›98040›4825 88th Ave SE

This home is located at 4825 88th Ave SE in Mercer Island, WA and zip code 98040 in the Merhaven neighborhood. This 4,180 square foot home, which was built in 1972, sits on a 0.25 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $2,415,000.

Mercer Island, WA housing market in November 2024 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 8 sold below. The number of homes for sale in Mercer Island, WA decreased by 31.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 22 days, the median list price was $2,300,000.

From Rocket Homes Real Estate and based on county public records data.

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