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9209 40th St

Mercer Island, WA 98040

4 bd 4 ba 2,970 sqft Built 2006 Lot 7,416 sqft single_family
Most recent sale
$2,458,000
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $2,458,000 MLS #1984761
Aug 18, 2022 Listed $2,388,000 MLS #1984761
Jan 18, 2005 Sold $503,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,128,000 $1,083,000 $2,211,000 $13,951
2024 $1,056,000 $1,073,000 $2,129,000 $14,039
2023 $1,140,000 $1,140,000 $2,280,000 $13,992
2022 $765,000 $939,000 $1,704,000 $12,556
2021 $645,000 $895,000 $1,540,000 $12,335
2020 $645,000 $895,000 $1,540,000 $12,599
2019 $897,000 $697,000 $1,594,000 $11,737
2018 $877,000 $684,000 $1,561,000 $12,230
2017 $790,000 $619,000 $1,409,000 $10,676
2016 $745,000 $566,000 $1,311,000 $9,936
2015 $675,000 $513,000 $1,188,000 $9,575
2014 $619,000 $475,000 $1,094,000 $9,221
2013 $568,000 $441,000 $1,009,000 $8,797
2012 $524,000 $407,000 $931,000 $8,344
2011 $513,000 $450,000 $963,000 $8,268
2010 $528,000 $464,000 $992,000 $7,754
2009 $654,000 $575,000 $1,229,000 $8,475
2007 $776,000 $388,000 $1,164,000 $7,073

Property facts

Year built
2006
Property type
single_family
Stories
Beds
4
Baths
4
Living area
2,970 sqft
Lot size
7,416 sqft
ZIP code
98040
City
Mercer Island
Street
40th St
Coordinates
47.57424, -122.21561

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$14,748
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 9209 40th St last sell?
9209 40th St most recently sold on Sep 20, 2022 for $2,458,000.
What is the current tax assessment for 9209 40th St?
The most recent total assessment for 9209 40th St (year 2025) is $2,211,000 with $13,951 in property tax.
How does 9209 40th St's assessment compare to its last sale price?
The current assessment is 10.0% below the last sale price of $2,458,000.
When was 9209 40th St built?
9209 40th St was built in 2006.
How does 9209 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 9209 40th St?
9209 40th St is a 4 bed, 4 bath, 2,970 sqft, 7,416 sqft lot single_family.
Is 9209 40th St a flip candidate?
No — 9209 40th St does not appear in our flips dataset.
Is 9209 40th St a tax-appeal candidate?
No — 9209 40th 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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