3718 88th Ave
Mercer Island, WA 98040
4 bd 4 ba 3,342 sqft Built 2022 Lot 8,360 sqft single_family
Most recent sale
$3,050,000
Oct 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 24, 2022 | Sold | $3,050,000 | MLS #1982236 |
| Sep 14, 2022 | Price changed | $3,095,000 | MLS #1982236 |
| Aug 27, 2022 | Price changed | $3,220,000 | MLS #1982236 |
| Aug 20, 2022 | Listed | $3,195,000 | MLS #1982236 |
| Jan 6, 2021 | Sold | $1,005,000 | Public Record |
| Dec 3, 2020 | Price changed | $1,005,000 | MLS #1651041 |
| Nov 24, 2020 | Price changed | $1,000,000 | MLS #1651041 |
| Aug 22, 2020 | Listed | $988,800 | MLS #1651041 |
| May 11, 2018 | Sold | $750,000 | Public Record |
| Jan 18, 1994 | Sold | $146,800 | Public Record |
| Mar 1, 1990 | Sold | $147,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,697,000 | $1,118,000 | $2,815,000 | $17,432 |
| 2024 | $1,608,000 | $1,053,000 | $2,661,000 | $17,211 |
| 2023 | $1,787,000 | $1,119,000 | $2,906,000 | $17,829 |
| 2022 | — | $921,000 | $921,000 | $6,794 |
| 2021 | $50,000 | $878,000 | $928,000 | $7,439 |
| 2020 | $50,000 | $878,000 | $928,000 | $5,314 |
| 2019 | $10,000 | $661,000 | $671,000 | $4,964 |
| 2018 | $10,000 | $649,000 | $659,000 | $5,189 |
| 2017 | $10,000 | $587,000 | $597,000 | $4,462 |
| 2016 | $10,000 | $537,000 | $547,000 | $4,156 |
| 2015 | $10,000 | $486,000 | $496,000 | $4,034 |
| 2014 | $10,000 | $450,000 | $460,000 | $4,491 |
| 2013 | $37,000 | $454,000 | $491,000 | $4,284 |
| 2012 | $34,000 | $419,000 | $453,000 | $4,074 |
| 2011 | $8,000 | $462,000 | $470,000 | $4,041 |
| 2010 | $8,000 | $476,000 | $484,000 | $3,790 |
| 2009 | $10,000 | $590,000 | $600,000 | $4,144 |
| 2007 | $2,000 | $402,000 | $404,000 | $2,717 |
Property facts
Year built
2022
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
3,342 sqft
Lot size
8,360 sqft
ZIP code
98040
City
Mercer Island
Street
88th Ave
Coordinates
47.57636, -122.22172
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$18,300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3718 88th Ave last sell?
3718 88th Ave most recently sold on Oct 24, 2022 for $3,050,000.
What is the current tax assessment for 3718 88th Ave?
The most recent total assessment for 3718 88th Ave (year 2025) is $2,815,000 with $17,432 in property tax.
How does 3718 88th Ave's assessment compare to its last sale price?
The current assessment is 7.7% below the last sale price of $3,050,000.
When was 3718 88th Ave built?
3718 88th Ave was built in 2022.
How does 3718 88th Ave compare to others on 88th Ave?
We track 8 other properties on 88th Ave. Browse the list under "Other properties on 88th Ave" to compare beds, baths, and sale history.
What are the property facts for 3718 88th Ave?
3718 88th Ave is a 4 bed, 4 bath, 3,342 sqft, 8,360 sqft lot single_family.
Is 3718 88th Ave a flip candidate?
Yes — 3718 88th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3718 88th Ave a tax-appeal candidate?
No — 3718 88th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.8%
Implied 1-yr
+15.2%
2026 Q3
$3.48M
2026 Q4
$3.59M
ZIP 98040 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 88th Ave