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7207 24th St

Mercer Island, WA 98040

4 bd 3 ba 2,340 sqft Built 2021 Lot 7,000 sqft single_family
Most recent sale
$2,805,000
Nov 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2021 Sold $2,805,000 MLS #1853360
Oct 15, 2021 Listed $2,595,000 MLS #1853360
Oct 9, 2018 Sold $810,000 Public Record
Oct 21, 2005 Sold $435,000 Public Record
Jul 29, 1996 Sold $204,000 Public Record
Feb 28, 1989 Sold $115,000 Public Record
Apr 17, 1978 Sold $63,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,393,000 $1,056,000 $2,449,000 $15,403
2024 $1,391,000 $960,000 $2,351,000 $15,498
2023 $1,728,000 $1,020,000 $2,748,000 $16,861
2022 $927,000 $840,000 $1,767,000 $13,020
2021 $50,000 $800,000 $850,000 $6,816
2020 $50,000 $800,000 $850,000 $6,719
2019 $188,000 $661,000 $849,000 $6,255
2018 $182,000 $649,000 $831,000 $6,516
2017 $163,000 $587,000 $750,000 $5,503
2016 $138,000 $537,000 $675,000 $5,125
2015 $126,000 $486,000 $612,000 $4,943
2014 $114,000 $450,000 $564,000 $4,646
2013 $39,000 $469,000 $508,000 $4,435
2012 $36,000 $433,000 $469,000 $4,210
2011 $7,000 $478,000 $485,000 $4,170
2010 $8,000 $492,000 $500,000 $3,914
2009 $10,000 $610,000 $620,000 $4,281
2007 $131,000 $388,000 $519,000 $3,227

Property facts

Year built
2021
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,340 sqft
Lot size
7,000 sqft
ZIP code
98040
City
Mercer Island
Street
24th St
Coordinates
47.58898, -122.24280

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$16,830
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7207 24th St last sell?
7207 24th St most recently sold on Nov 29, 2021 for $2,805,000.
What is the current tax assessment for 7207 24th St?
The most recent total assessment for 7207 24th St (year 2025) is $2,449,000 with $15,403 in property tax.
How does 7207 24th St's assessment compare to its last sale price?
The current assessment is 12.7% below the last sale price of $2,805,000.
When was 7207 24th St built?
7207 24th St was built in 2021.
How does 7207 24th St compare to others on 24th St?
We track 8 other properties on 24th St. Browse the list under "Other properties on 24th St" to compare beds, baths, and sale history.
What are the property facts for 7207 24th St?
7207 24th St is a 4 bed, 3 bath, 2,340 sqft, 7,000 sqft lot single_family.
Is 7207 24th St a flip candidate?
No — 7207 24th St does not appear in our flips dataset.
Is 7207 24th St a tax-appeal candidate?
No — 7207 24th St 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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