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4628 Forest Avenue Southeast

4628 Forest Avenue Southeast, Mercer Island, WA 98040
Property
Sold Nov 15, 2016
$1,640,000
$963,000 by Us Bank National Association
Mortgage Due Apr 01, 2052
Sold Apr 07, 2003
$839,000
$650,000 by Bank Of America Na
Mortgage Due May 01, 2033
4628 Forest Avenue Southeast in Mercer Island, WA was first built in 1967 and is 57 years old. Although, the building on the property was most recently renovated and altered in 2020. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 4628 Forest Avenue Southeast has 4,650 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,880 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 14,355 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 490 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4628 Forest Avenue Southeast was last sold in Nov 3, 2016 for $1,640,000. According to our calculations, that's $319.07 per sqft. Prior to that sales transaction, the property was sold for $839,000 in Apr 2, 2003. Current property owners are expected to pay $25,261 in taxes per year. The property on 4628 Forest Avenue Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,669,000. To break that down further, the land itself was valued at $1,429,000. While improvements to the property were assessed at a total of $2,240,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,880
  • Garage Type: Attached
  • Garage Square Area: 490
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,355
  • Total Building Area: 5,140
  • Gross Building Area: 5,140
  • Building Area: 4,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,650
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WLY 228 FT OF POR OF S 5 AC OF N 11 AC OF GL 5 LY ELY OF FOREST AVE SE LESS NLY 93.22 FT OF WLY 167 FT LESS POR ELY & SELY OF LN BEG NW COR LOT 19 PLAT OF LAKE ISLE TH N 00-05-56 W 3.88 FT TH N 14-49-53 W 184.32 FT TO S LN OF N 6 AC TH E ALG SD S LN

Ownership

  • Current Owner : MUNSON MARC G
  • Current Owner 2: MUNSON TRACY M
  • Previous Owner : HOPPER LYNNE
  • Previous Owner 2: THOMPSON LYNNE
  • Owner Before Previous Owner: SPITZER ROBERT B
  • Owner Before Previous Owner 2: SPITZER KATHLEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mercer Island School District
  • Census Tract: 024500

Zoning

  • Zoning: R-15

Geography

  • Account Number: 132404903107
  • District: MERCER ISLAN
  • Parcel: 132404-9031
  • Block: 31
  • Lot: 19
  • Meridian: SEC 13 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5628
  • Longitude: -122.229

    Address

  • Full Address: 4628 Forest Ave Se
  • Address - House Number: 4628
  • Street Segment Direction: SE
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Mercer Island
  • Carrier Code: C019
  • 4-Digit Zip Code: 4307
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $25,261
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 2,808,320
  • High Value: 3,371,422
  • Low Value: 2,245,218

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $963,000
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Mar 11, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $963,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $3,669,000
  • Market Land Value: $1,429,000
  • Market Improvement Value: $2,240,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,669,000
  • Assessed Land Value: $1,429,000
  • Assessed Improvements Value: $2,240,000

    Sales

  • Current Sale Contract Date: Nov 03, 2016
  • Current Sale Recording Date: Nov 15, 2016
  • Current Sale Transaction ID: 1879522311
  • Current Sale Price: $1,640,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20161115000842
  • Previous Sale Recording Date: Apr 07, 2003
  • Previous Sale Contract Date: Apr 02, 2003
  • Previous Sale Amount: $839,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Nov 15, 2016
  • First Mortgage Loan Amount: $1,080,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Apr 07, 2003
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2033

About the area



Similar Buildings

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Nearby Rentals

Unit for rent at 2758 78th Ave Se, Mercer Island, WA, 98040

$2,676 /mo

  • 1 Bed
  • 1 Bath
  • 889 ft²
2758 78th Ave Se #508, Mercer Island, WA, 98040 Listing by Island Square

Frequently Asked Questions

What neighborhood is 4628 Forest Avenue Southeast located in?
The 4628 Forest Avenue Southeast is a located in the neighborhood of in , Mercer Island.
What is the average sales price for listings in 4628 Forest Avenue Southeast?
The average sales price for units in 4628 Forest Avenue Southeast is $0 currently.

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