The property at 4616 88th Avenue SE, Mercer Island, WA 98040, built in 1978, is a 3,400 square foot Single Family and has 4 bedrooms and 2 bathrooms. It is situated on a lot that is 9,525 square feet and was last tax assessed in 2024 for a valuation of $2,418,000
The estimate for this property has experienced a 1.25% increase in the past 6 months reaching a value of $2,905,245.
- WA
- Mercer Island
- 4616 88Th Ave SE
- Parcel Number019110-0715
- Sold Date08/02/2022
- Sold Price$2,850,000
- CountyKING
- Stories2
- Home Assessment$1,360,000
- Land Assessment$1,180,000
- Total Assessment$2,540,000
- Assessment Year2022
- Tax Year2023
- Tax Amount$15,586
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $2,540,000 |
| 2022 | $2,540,000 +51.46% |
| 2020 | $1,677,000 -10.27% |
| 2019 | $1,869,000 |
| 2018 | $1,869,000 +10.79% |
| 2017 | $1,687,000 +7.45% |
| 2016 | $1,570,000 +10.41% |
| 2015 | $1,422,000 +92.42% |
| 2014 | $739,000 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Dec 2025 | $2,905,245 | - | - |
| Nov 2025 | $2,850,336 | - | - |
| Oct 2025 | $2,875,538 | - | - |
| Sep 2025 | $2,959,920 | - | - |
| Aug 2025 | $2,881,929 | - | - |
| Jul 2025 | $2,938,221 | - | - |
| Jun 2025 | $2,925,954 | - | - |
| May 2025 | $2,869,340 | - | - |
| Apr 2025 | $2,950,613 | - | - |
| Mar 2025 | $2,969,823 | - | - |
| Feb 2025 | $2,933,850 | - | - |
| Jan 2025 | $2,945,924 | - | - |
| Dec 2024 | $2,944,961 | - | - |
| Nov 2024 | $2,950,648 | - | - |
| Oct 2024 | $2,963,652 | - | - |
| Sep 2024 | $3,043,522 | - | - |
| Aug 2024 | $3,042,381 | - | - |
| Jul 2024 | $2,966,082 | - | - |
| Jun 2024 | $3,047,419 | - | - |
| May 2024 | $2,962,854 | - | - |
| Apr 2024 | $3,010,384 | - | - |
| Mar 2024 | $3,007,890 | - | - |
| Feb 2024 | $2,620,860 | - | - |
| Jan 2024 | $2,671,305 | - | - |
| Dec 2023 | $2,754,810 | - | - |
| Nov 2023 | $2,843,730 | - | - |
| Oct 2023 | $2,818,080 | - | - |
| Sep 2023 | $2,890,470 | - | - |
| Aug 2023 | $2,699,654 | - | - |
| Jul 2023 | $2,666,401 | - | - |
| Jun 2023 | $2,640,650 | - | - |
| May 2023 | $2,778,646 | - | - |
| Apr 2023 | $2,703,779 | - | - |
| Mar 2023 | $2,889,990 | - | - |
| Feb 2023 | $2,541,000 | - | - |
| Jan 2023 | $2,479,000 | - | - |
| Dec 2022 | $2,370,000 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 98040 - WA
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 25,552 | 25,552 | 2,288,466 | 335,858,263 |
| Population Density | 4,043 | 4,043 | 1,082 | 95 |
| People per Household | 2.5 | 2.5 | 2.4 | 2.6 |
| Median Age | 48.2 | 48.2 | 40.8 | 39.1 |
| Median Income | $155,272 | $155,272 | $102,088 | $66,222 |
| Average Income | $95,485 | $95,485 | $57,363 | $35,475 |
| Cost of Living Index | 112 | 112 | 99 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 36°F | 36°F | 35.92°F | 22.6°F |
| July Avg. High Temp | 74.5°F | 74.5°F | 75.16°F | 86.2°F |
| Annual Precipitation | 38.25" | 38.25" | 37.28" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
Nearby Properties
-
$5,800 Active4 bds • 3 ba • 2,680 sqft
4518 91st Avenue SE, Mercer Island, WA 98040
A beautiful home nestled in the peaceful area of Middle Mercer Island, surrounded by lush greenery. Convenient location with easy access to Island Crest Way and I-90. Walking distance to Ellis Pond, the Mercer Island Library, and top-rated schools....Listing by: Bing Liu - HERE -
$830,000 Active0 bds • 0 ba • sqft
9458 SE 47th Street, Mercer Island, WA 98040
MERCER ISLAND (DAWN VISTA) -0.307 ACRES: Prime mid-island location offering potential Lake Washington view. Located in quiet neighborhood on dead-end street. Shopping, dining, and entertainment needs within 15minutes in nearby Bellevue & Seattle. Clo...Listing by: John Phillip Love - KW Mountains to Sound Realty -
$2,100,000 Active4 bds • 2 ba • 2,700 sqft
4332 W Mercer Way, Mercer Island, WA 98040
Step into your ideal DREAM HOME on Mercer Island! This stunning mid-century home offers timeless charm. The home rests on a vast lot, elevated on the hill. Offering this grand 1-story home a secluded & serene yard, creating a peaceful haven in the ba...Listing by: Jeremiah Anderson - John L. Scott Everett -
$1,699,990 Active4 bds • 3 ba • 2,940 sqft
5019 E Mercer Way, Mercer Island, WA 98040
Tucked away on a peaceful, private stretch of East Mercer, this beautifully maintained residence offers an incredible opportunity to live among nature on an expansive 23,594 sqft lot. Backing to greenbelt, the prprty feats its own walking trail, vibr...Listing by: Jeffrey Castro - John L. Scott, Inc -
$5,700 Active5 bds • 4 ba • 3,000 sqft
5305 90TH Avenue SE, Mercer Island, WA 98040
Mercer Highlands,5BR,4BA,3000 Sq Ft Home For Lease-Mid Island by Is. Park Elemen. School., Park & Ball Field. Updated in 2011. Primary BR+2BR on Main,2BR+Bonus & Full BA Upstairs,Hardwd Flrs, Light Filled Living & Dining Rooms. Family Rm w/Garage & S...Listing by: Kris Hubert - Coldwell Banker Bain -
$700,000 Active0 bds • 0 ba • sqft
44 Ferncroft Road, Mercer Island, WA 98040
Unique opportunity to build on a large private 21,000 square foot lot with partial water views. Tucked away at the end of a private street on the north end of Mercer island, in the sought after Ferncroft neighborhood. This retreat style lot faces eas...Listing by: Stephen Macdonald - COMPASS -
$5,500,000 Active4 bds • 5 ba • 4,450 sqft
4802 E Mercer Way, Mercer Island, WA 98040
Commanding breathtaking Mount Rainier views across pristine Lake Washington, this 4,450 sq ft Mercer Island residence offers an extraordinary blend of lifestyle, location, and opportunity. Four bedrooms, including dual primary suite potential, create...Listing by: Robert Pong - Realogics Sotheby's Int'l Rlty -
$9,995,000 Active6 bds • 5 ba • 5,163 sqft
18 Holly Lane, Mercer Island, WA 98040
Cruise home to a spectacular legacy residence found tucked upon the coveted western shore of Mercer Island. Set upon 137+/- feet of private no bank waterfront, this soul satisfying, custom five bedroom residence was conceived in 1974 with active ente...Listing by: Scott Richards - Windermere Real Estate/East -
$1,695,000 Active0 bds • 0 ba • sqft
4025 86th Avenue SE, Mercer Island, WA 98040
Prime 13,500 sq ft level lot on Mercer Island’s coveted north end! Perfectly oriented for both morning and evening sun, this expansive property offers endless possibilities—build your dream home or reimagine the existing structure to suit your vision...Listing by: Steven P. Craig - John L. Scott, Inc. -
$1,400,000 Active0 bds • 0 ba • sqft
9433 SE 54th Street, Mercer Island, WA 98040
Your Dream Home awaits! Beautiful 1/2 acre lot in Cay Hills overlooking Lake Washington. This quiet dead end street is the perfect place to build. Located in a sought-after neighborhood with top-rated schools, easy access to I-90, parks, and vibrant...Listing by: Helena Chen - eXp Realty -
$4,895 Active3 bds • 0 ba • 1,260 sqft
4162 W Mercer Way, Mercer Island, WA 98040
Available now! Welcome to your serene retreat in the heart of Mercer Island! This 3-bedroom residence offers comfort, convenience and charm. Enjoy the luxury of central air conditioning during warm summer days, the warmth of the gas fireplace in the...Listing by: Angela Xavier - Windermere PM/Lori Gill Assoc. -
$323,950 Active0 bds • 0 ba • sqft
0 91st Avenue SE, Mercer Island, WA 98040
Amazing opportunity to buy water views on Mercer Island. Quiet Neighborhood. Buyer to verify utilities all building permits and other details. Please see MLS # 2323324 land listing to secure incredible opportunities to own an entire block on Mercer I...Listing by: Lisa Shilling - COMPASS -
New$2,875,000 Active4 bds • 3 ba • 2,800 sqft
8904 SE 58th Street, Mercer Island, WA 98040
Rare single-level living, better than new custom luxury in a perfect Mid-Island location. Minutes to both N & S end plus an easy walk to Island Park Elem, parks & trails. Fully reimagined w/timeless modern design, soaring vaulted ceilings & expansiv...Listing by: Lori Holden Scott - John L. Scott, Inc. -
$9,500 Active4 bds • 3 ba • 3,400 sqft
4148 Boulevard Place, Mercer Island, WA 98040
Black metal and glass, exposed brick, vaulted cedar ceilings, floor to ceiling west facing windows and peaceful Lake Washington views. Giving effortlessly cool vibes this iconic Midcentury home located in the sought after westside neighborhood, Boule...Listing by: Mary Norris - Realogics Sotheby's Int'l Rlty -
$2,050,000 Active4 bds • 2 ba • 2,720 sqft
3706 84th Avenue SE, Mercer Island, WA 98040
Unique opportunity to own this classic Cape Cod style home, on the market for the first time in five decades. Very convenient north end location. Refresh this timeless 13,200 sq. ft. corner lot property into a private dream oasis w/sunset views & no...Listing by: Julia Evans - John L. Scott, Inc -
$404,950 Active0 bds • 0 ba • sqft
0 91 st Avenue SE, Mercer Island, WA 98040
Amazing opportunity to buy water views on Mercer Island. Quiet Neighborhood. Buyer to verify utilities all building permits and other details. Please see MLS # 2323326 land listing to secure incredible opportunities to own an entire block on Mercer I...Listing by: Lisa Shilling - COMPASS -
$825,000 Active0 bds • 0 ba • sqft
73 SE 38th Street, Mercer Island, WA 98040
Build your Mercer Island dream home on this private, tree-lined parcel tucked away on a quiet dead-end road. Surrounded by mature evergreens, this serene setting offers filtered western lake and territorial views. Ideally located just minutes from I-...Listing by: Maggie Grimm - Windermere RE/Capitol Hill,Inc -
$475,000 Active Under Contract0 bds • 0 ba • sqft
9167 SE 64th Street, Mercer Island, WA 98040
Rare Mercer Island land opportunity! This expansive 18,637 SF lot sits quietly next to Pioneer Park, offering a peaceful, wooded backdrop and exceptional privacy. Preliminary plans for a 6,000+ SF custom home are available, and the seller will provid...Listing by: Matthew Chapman - Windermere Real Estate/East -
$620,000 Active2 bds • 2 ba • 999 sqft
7930 SE 34th Street 513, Mercer Island, WA 98040
Walk to everything downtown Mercer Island—including shopping, dining, parks, and the upcoming light rail station—from this top-floor, light-filled end unit! Soaring vaulted ceilings and large windows create a bright and open feel throughout. Enjoy a...Listing by: Brian James Slete - Redfin -
$2,474,500 Active4 bds • 4 ba • 3,510 sqft
6423 E Mercer Way, Mercer Island, WA 98040
Escape to this NW Contemporary Sanctuary on Mercer Island, where privacy meets architectural beauty. Move-in ready & nestled in nature with no visible neighbors, this stunning retreat offers a new roof, flooring, paint, & electrical alongside a fully...Listing by: David R Knight - KW Mountains to Sound Realty
Nearby Locations
Communities
- Meydenbauer Homes For Sale
- West Bellevue Homes For Sale
- City Center Homes For Sale
- Convention Civic Homes For Sale
- Northwest Bellevue Homes For Sale
- Mockingbird Hill Homes For Sale
- Brookwood Homes For Sale
- Sunset Community Org Homes For Sale
- Bellemead Homes For Sale
- Newport Homes For Sale
- Compton Green Homes For Sale
- West Lake Hills Homes For Sale
- Densmore Homes For Sale
- Pikes Peak Homes For Sale
- Bridle Trails Homes For Sale
- ShadowWood Homes For Sale
- Chase Homes For Sale
- Lake Hills Homes For Sale
- South End Homes For Sale
- South Rose Hill Homes For Sale
Nearby Zips
- 98004 Homes For Sale
- 98005 Homes For Sale
- 98040 Homes For Sale
- 98039 Homes For Sale
- 98007 Homes For Sale
- 98006 Homes For Sale
- 98033 Homes For Sale
- 98056 Homes For Sale
- 98008 Homes For Sale
- 98118 Homes For Sale
- 98144 Homes For Sale
- 98112 Homes For Sale
- 98122 Homes For Sale
- 98105 Homes For Sale
- 98178 Homes For Sale
- 98052 Homes For Sale
- 98034 Homes For Sale
- 98115 Homes For Sale
- 98108 Homes For Sale
- 98102 Homes For Sale
Nearby Cities
- Mercer Island, WA Homes for Sale
- Bellevue, WA Homes for Sale
- Newcastle, WA Homes for Sale
- Kirkland, WA Homes for Sale
- Bryn Mawr-skyway, WA Homes for Sale
- Redmond, WA Homes for Sale
- Renton, WA Homes for Sale
- Seattle, WA Homes for Sale
- Tukwila, WA Homes for Sale
- Sammamish, WA Homes for Sale
- Kenmore, WA Homes for Sale
- Issaquah, WA Homes for Sale
- Fairwood, WA Homes for Sale
- Woodinville, WA Homes for Sale
- East Renton Highlands, WA Homes for Sale
- Bothell, WA Homes for Sale
- White Center, WA Homes for Sale
- Burien, WA Homes for Sale
- Union Hill-novelty Hill, WA Homes for Sale
- Cottage Lake, WA Homes for Sale
Similar Searches
- Mercer Island Land for Sale
- Mercer Island New Homes for Sale
- Mercer Island Single Story Homes for Sale
- Mercer Island Homes with Pools for Sale
- Mercer Island Cheap Homes for Sale
- Mercer Island Luxury Homes for Sale
- Mercer Island Condos for Sale
- Mercer Island Town Homes for Sale
- Mercer Island Commercial for Sale
- Mercer Island Open Houses for Sale
- Mercer Island Two Car Garage Homes for Sale
- Mercer Island Large Lots for Sale