Sold for $9,250,000

Street View

$9,250,000

5255 Forest Ave SE, Mercer Island, WA 98040

3beds

4baths

4,830sqft

SingleFamily

Built in 1992

0.37 Acres Lot

$8,841,800 Zestimate^®

$1,915/sqft

$7,901 Estimated rent

Home value

$8,841,800

$8.13M - $9.64M

$7,901/mo

Zestimate^® history

Owner options

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$7,901/mo

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$7,901/mo

Rent Zestimate^®

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$56,658/mo

Est. payment

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$56,658/mo

Est. payment

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What's special

First time on market 66' of extraordinary low bank waterfront with dock and deep moorage. Views are electric. West side location, mid island. Upscale kitchen fashioned for the ultimate cook includes premium appliances. Entertain in the great room formally or casually to the beat of 3 fireplaces w/intimate or grand dining spaces. Four sets of French doors blur the indoor from the out door. Private landscape that not only beautifies but fosters a relationship with this home. Sommeliers wine cellar

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4

Heating

Forced air, Gas

Features

Flooring: Tile, Carpet, Hardwood
Basement: Finished
Has fireplace: Yes

Interior area

Total interior livable area: 4,830 sqft

Property

Parking

Total spaces: 3
Parking features: Garage - Attached

Features

Has spa: Yes
Has view: Yes
View description: City

Lot

Size: 0.37 Acres

Details

Parcel number: 2424049039

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Other

Condition

Year built: 1992

Community & HOA

Location

Region: Mercer Island

Financial & listing details

Price per square foot: $1,915/sqft
Tax assessed value: $8,133,000
Annual tax amount: $52,975

Price history

Date	Event	Price
5/21/2025	Sold	$9,250,000$1,915/sqft
Source: Public Record Report a problem
4/19/2025	Pending sale	$9,250,000$1,915/sqft
Source: NWMLS as distributed by MLS GRID #2361642 Report a problem
4/18/2025	Listed for sale	$9,250,000+101.1%$1,915/sqft
Source: NWMLS as distributed by MLS GRID #2361642 Report a problem
9/26/2014	Sold	$4,600,000-5.2%$952/sqft
Source: NWMLS as distributed by MLS GRID #649698 Report a problem
8/23/2014	Pending sale	$4,850,000$1,004/sqft
Source: Coldwell Banker Bain #649698 Report a problem
6/17/2014	Listed for sale	$4,850,000$1,004/sqft
Source: Coldwell Banker Bain #649698 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$52,975 +12.8%	$8,133,000 +13.3%
2024	$46,978 +1.3%	$7,176,000 +6.5%
2023	$46,382 +0.4%	$6,739,000 -10.6%
2022	$46,207 +14.3%	$7,536,000 +37.3%
2021	$40,409 +4.2%	$5,489,000 +13.2%
2020	$38,787 -2.3%	$4,847,000 -3.6%
2019	$39,713 +7.4%	$5,029,000 +2.2%
2018	$36,984 -10.3%	$4,923,000 +3.6%
2017	$41,217 +32.2%	$4,752,000 +11.1%
2016	$31,184	$4,277,000 +10.4%
2015	$31,184	$3,874,000 +8.6%
2014	$31,184	$3,566,000 +12.7%
2013	$31,184	$3,163,000 -2.5%
2012	--	$3,243,000 -4.8%
2011	--	$3,406,000 -7.2%
2010	--	$3,672,000
2009	--	$3,672,000 +8.1%
2007	--	$3,396,000 +19.6%
2006	--	$2,840,000 +9.8%
2005	--	$2,586,000 +34.6%
2001	$18,357 +26.7%	$1,921,000 +39.9%
2000	$14,486	$1,373,000