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4645 88th Ave

Mercer Island, WA 98040

4 bd 3 ba 3,050 sqft Built 1966 Lot 10,125 sqft single_family
Most recent sale
$2,050,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $2,050,000 MLS #1929840
May 12, 2022 Listed $1,980,000 MLS #1929840
Sep 10, 2020 Listing removed $1,650,000 NWMLS
Jul 15, 2016 Sold $1,303,475 MLS #948354
May 25, 2016 Listed $1,295,000 MLS #948354
Feb 22, 2006 Sold $682,000 Public Record
Dec 22, 1995 Sold $343,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $867,000 $1,268,000 $2,135,000 $12,439
2024 $753,000 $1,145,000 $1,898,000 $12,285
2023 $851,000 $1,216,000 $2,067,000 $12,687
2022 $351,000 $1,001,000 $1,352,000 $9,966
2021 $240,000 $954,000 $1,194,000 $9,567
2020 $408,000 $809,000 $1,217,000 $9,623
2019 $398,000 $794,000 $1,192,000 $8,966
2018 $358,000 $718,000 $1,076,000 $9,342
2017 $312,000 $657,000 $969,000 $7,894
2016 $278,000 $595,000 $873,000 $7,304
2015 $254,000 $550,000 $804,000 $7,040
2014 $145,000 $501,000 $646,000 $5,906
2013 $134,000 $462,000 $596,000 $5,634
2012 $108,000 $509,000 $617,000 $5,352
2011 $112,000 $524,000 $636,000 $5,301
2010 $112,000 $524,000 $636,000 $4,976
2009 $138,000 $650,000 $788,000 $5,438
2007 $334,000 $435,000 $769,000 $4,974

Property facts

Year built
1966
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,050 sqft
Lot size
10,125 sqft
ZIP code
98040
City
Mercer Island
Street
88th Ave
Coordinates
47.56249, -122.22198

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,015
Gross rental yield
4.11%
Implied cap rate
2.67%
Trend-extrapolated value

Frequently asked questions

When did 4645 88th Ave last sell?
4645 88th Ave most recently sold on Jun 24, 2022 for $2,050,000.
What is the current tax assessment for 4645 88th Ave?
The most recent total assessment for 4645 88th Ave (year 2025) is $2,135,000 with $12,439 in property tax.
How does 4645 88th Ave's assessment compare to its last sale price?
The current assessment is 4.1% above the last sale price of $2,050,000.
When was 4645 88th Ave built?
4645 88th Ave was built in 1966.
How does 4645 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 4645 88th Ave?
4645 88th Ave is a 4 bed, 3 bath, 3,050 sqft, 10,125 sqft lot single_family.
Is 4645 88th Ave a flip candidate?
No — 4645 88th Ave does not appear in our flips dataset.
Is 4645 88th Ave a tax-appeal candidate?
No — 4645 88th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.8%
Implied 1-yr
+15.2%
2026 Q3
$3.48M
2026 Q4
$3.59M
ZIP 98040 — Median Price History + Forecast

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