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8216 29th St

Mercer Island, WA 98040

5 bd 4 ba 3,959 sqft Built 2003 Lot 11,270 sqft single_family
Most recent sale
$3,538,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2022 Sold $3,538,000 MLS #1881998
Jan 27, 2022 Listed $3,095,000 MLS #1881998
Sep 19, 2000 Sold $425,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,954,000 $1,204,000 $3,158,000 $17,988
2024 $1,219,000 $1,527,000 $2,746,000 $18,099
2023 $1,317,000 $1,622,000 $2,939,000 $18,031
2022 $751,000 $1,335,000 $2,086,000 $15,367
2021 $652,000 $1,272,000 $1,924,000 $15,406
2020 $652,000 $1,272,000 $1,924,000 $15,480
2019 $966,000 $993,000 $1,959,000 $14,035
2018 $893,000 $974,000 $1,867,000 $14,623
2017 $804,000 $881,000 $1,685,000 $12,766
2016 $762,000 $806,000 $1,568,000 $11,874
2015 $690,000 $730,000 $1,420,000 $11,446
2014 $633,000 $675,000 $1,308,000 $11,678
2013 $605,000 $673,000 $1,278,000 $11,139
2012 $558,000 $621,000 $1,179,000 $10,566
2011 $534,000 $685,000 $1,219,000 $10,463
2010 $549,000 $706,000 $1,255,000 $9,807
2009 $680,000 $875,000 $1,555,000 $10,720
2007 $768,000 $583,000 $1,351,000 $9,480

Property facts

Year built
2003
Property type
single_family
Stories
Beds
5
Baths
4
Living area
3,959 sqft
Lot size
11,270 sqft
ZIP code
98040
City
Mercer Island
Street
29th St
Coordinates
47.58464, -122.22810

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
$21,228
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8216 29th St last sell?
8216 29th St most recently sold on Feb 28, 2022 for $3,538,000.
What is the current tax assessment for 8216 29th St?
The most recent total assessment for 8216 29th St (year 2025) is $3,158,000 with $17,988 in property tax.
How does 8216 29th St's assessment compare to its last sale price?
The current assessment is 10.7% below the last sale price of $3,538,000.
When was 8216 29th St built?
8216 29th St was built in 2003.
How does 8216 29th St compare to others on 29th St?
We track 8 other properties on 29th St. Browse the list under "Other properties on 29th St" to compare beds, baths, and sale history.
What are the property facts for 8216 29th St?
8216 29th St is a 5 bed, 4 bath, 3,959 sqft, 11,270 sqft lot single_family.
Is 8216 29th St a flip candidate?
No — 8216 29th St does not appear in our flips dataset.
Is 8216 29th St a tax-appeal candidate?
No — 8216 29th 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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