4 months on rocket

5217 88th Ave SE, Mercer Island, WA, 98040

$2,289,999

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
3,740 SqFt
$612/SqFt
House

Location

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5217 88th Ave SE, Mercer Island$2,289,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingAttached Garage
Attached Garage2 spaces
Year Built1968
HeatingHigh Efficiency, Forced Air, Heat Pump
CoolingHeat Pump
BasementYes
ViewPartial
MLS #2276523
Lot Size0.28 Acres
StatusActive

About 5217 88th Ave SE

Updated Northwest-style one story with daylight basement MI Home. A walking distance to Island Park Middle school. This nearly 3,740 square foot home has 5 beds and 3 baths. The lower level provides a rec room perfect for multi-purpose use. The main floor offers a level entry from the court yard. A westly facing oversized deck easily connected to living room, dining room, kitchen and family room for entertaining and enjoying a filtered view of Lake Washington. Upgraded kitchen includes quartz counters and high-end appliances oriented to family room. The main floor has an ideal floorplan master suite w/updated bathroom, 2nd bed/1 bath, laundry, and two-car garage. It is situated on a quiet end of road and has a large private backyard.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Living Area: 3,740 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 317-5197
  • Listing Agent: Eric Hsueh

Interior Features

Interior Information:

  • Appliances: Double Oven, Disposal
  • Basement: Yes
  • Flooring Type: Engineered Hardwood, Hardwood, Vinyl, Carpet
  • Interior: Second Kitchen, Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Hardwood, High Tech Cabling, Walk-In Closet(s), Wall to Wall Carpet, Water Heater

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Partial
  • Exterior: Wood, Wood Products

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: Dead End Street, Paved, Secluded
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: High Efficiency, Forced Air, Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Use 5217 88th Ave SE Mercer Island for GPS. From I-90, take exit to Island Crest way. go south, then immediately right and right on 88th Ave SE, take left on ‘TEVIS’ residence, 5217 on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,289,999
  • Price Per SqFt: $612/SqFt

Tax Information:

  • Annual Amount: $11,079
  • 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

5217 88th Ave SE vs Mercer Island

133 DAYS ON ROCKET

+111 Days

$2,289,999

-$10K Less

$612/SqFt

-$180 Less

KEY TAKEAWAY

This property is $10K less than the Median Sold Price and $180/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: #2276523

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 317-5197
  • Listing Agent: Eric Hsueh

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: 12/22/2024, 2:17:51 PM 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$11,079$1,383,000
2018$9,957$1,324,000
2017$10,374$1,195,000

History based on county public records data.

Payment Calculator

$11.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,932

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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-1000364
9
/10

  • Island Park Elementary School

  • 5437 Island Crest Way

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-1000365
9
/10

  • West Mercer Elementary School

  • 4141 81st Ave SE

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-1000366
9
/10

  • Northwood Elementary School

  • 4030 86th Ave SE

  • 1.21 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. Most Mercer Island, WA residents have annual incomes between $100k-200k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5217 88th Ave SE

What is the listing price of this property?

The listing price of 5217 88th Ave SE property is $2,289,999.

What type of property is this?

The property 5217 88th Ave SE is a house located in Mercer Island, Washington, 98040.

Is this property for sale now?

Active Listing: 5217 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 $11,079 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5217 88th Ave SE has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5217 88th Ave SE is 3,740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5217 88th Ave SE is 1968.

Rocket Homes›Washington›King County›Mercer Island›98040›5217 88th Ave SE

This home is located at 5217 88th Ave SE in Mercer Island, WA and zip code 98040. This 3,740 square foot home, which was built in 1968, sits on a 0.28 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 11, 2024 and is currently priced at $2,289,999.

In November 2024, from all listings sold in Mercer Island, WA there were more than 2 sold above asking price, over 8 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Mercer Island, WA decreased by 31.3% between October 2024 and November 2024. In November 2024 median list price was $2,300,000 and the average listing age was 22 days.

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

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