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5257 Forest Avenue Southeast

5257 Forest Avenue Southeast, Mercer Island, WA 98040
Property in King
Sold Feb 28, 2020
$3,450,000
$2,415,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2050
Sold May 30, 2014
$3,100,000
$1,999,999 by Bank Of America Na
Mortgage Due Jun 01, 2044
5257 Forest Avenue Southeast has been categorized by the local assessors in Mercer Island, WA as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 6 bedrooms. Residents will have access to 2 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 5257 Forest Avenue Southeast has 6,980 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 2,700 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 15,682 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 950 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. In terms of heating, it is utilizing a hot water heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Feb 26, 2020 for $3,450,000. That's $384.19 per sqft. Prior to that sales transaction, the property was also sold in May 29, 2014 for $3,100,000. 5257 Forest Avenue Southeast was last assessed in 2023. The total value of the property was assessed at $4,705,000. Specifically, the land the property is located on was valued at $1,928,000. While improvements on the property were assessed at a total of $2,777,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $32,388. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: A
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 2,700
  • Garage Type: Attached
  • Garage Square Area: 950
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 8,980
  • Gross Building Area: 8,980
  • Building Area: 6,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 6,980
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SP MI-79-07-25
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARCEL A MERCER ISLAND SHORT PLAT NO 79-07-25 REC NO 7909250816 SD PLAT DAF - POR OF GL 6 BEG ON WLY MGN OF FOREST AVE WCH PT BEARS N 89-51 W 860 FT FAP ON E LN SD SEC 645.2 FT N OF E 1/4 COR SD SEC TH N 35-51 E 164.55 FT TO TPOB TH CONTG N 35-51 E 8

Ownership

  • Current Owner : LIN KATHLEEN
  • Current Owner 2: KICSKA GREGORY
  • Previous Owner : WEIL WAYNE
  • Previous Owner 2: WEIL NANCY
  • Owner Before Previous Owner: WEBER CHRIS L

Neighborhood

  • School District Name: Mercer Island School District
  • Census Tract: 024601

Zoning

  • Zoning: R-15

Geography

  • Account Number: 242404902908
  • District: MERCER ISLAN
  • Subdivision Tract Number: A
  • Parcel: 242404-9029
  • Block: 29
  • Lot: A
  • Meridian: SEC 24 TWN 24 RNG 04
  • Municipality: MERCER ISLAND
  • Latitude: 47.5552
  • Longitude: -122.231

    Address

  • Full Address: 5257 Forest Ave Se
  • Address - House Number: 5257
  • 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: 4625
  • Zip Code: 98040

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $32,388
  • Tax Rate Code Area: 1031

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 4,826,769
  • High Value: 5,794,594
  • Low Value: 3,858,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,415,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 28, 2020
  • First Open Lien Mortgage Loan Amount: $2,415,000
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $4,705,000
  • Market Land Value: $1,928,000
  • Market Improvement Value: $2,777,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,705,000
  • Assessed Land Value: $1,928,000
  • Assessed Improvements Value: $2,777,000

    Sales

  • Current Sale Contract Date: Feb 26, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Transaction ID: 11743630602
  • Current Sale Price: $3,450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200228002150
  • Previous Sale Recording Date: May 30, 2014
  • Previous Sale Contract Date: May 29, 2014
  • Previous Sale Amount: $3,100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 28, 2020
  • First Mortgage Loan Amount: $2,415,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: May 30, 2014
  • Previous Mortgage Loan Amount: $1,999,999
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About Mercer Island



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Nearby Rentals

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

$4,792 /mo

  • 2 Beds
  • 2 Baths
  • 1,418 ft²
2758 78th Ave Se #303, Mercer Island, WA, 98040 Listing by Island Square

Frequently Asked Questions

What neighborhood is 5257 Forest Avenue Southeast located in?
The 5257 Forest Avenue Southeast is a located in the neighborhood of King in Mercer Island, Mercer Island.
What is the average sales price for listings in 5257 Forest Avenue Southeast?
The average sales price for units in 5257 Forest Avenue Southeast is $0 currently.

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