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8220 59th St

Mercer Island, WA 98040

4 bd 5 ba 5,180 sqft Built 1970 Lot 15,660 sqft single_family
Most recent sale
$3,410,000
Apr 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2024 Sold $3,410,000 NWMLS
Mar 21, 2024 Listed $3,350,000 NWMLS
May 25, 2017 Sold $1,870,000 Public Record
Apr 20, 2017 Listing removed $1,888,000 NWMLS
Apr 18, 2017 Listed $1,888,000 NWMLS
May 22, 2012 Sold $1,400,000 Public Record
Apr 23, 2012 Listing removed $1,489,950 NWMLS
Mar 5, 2012 Price changed $1,489,950 NWMLS
Jan 30, 2012 Listed $1,599,950 NWMLS
Apr 4, 2007 Sold $1,480,000 Public Record
Jul 16, 1993 Sold $707,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,438,000 $1,829,000 $3,267,000 $19,356
2024 $1,292,000 $1,663,000 $2,955,000 $19,110
2023 $1,339,000 $1,765,000 $3,104,000 $19,043
2022 $808,000 $1,453,000 $2,261,000 $16,655
2021 $613,000 $1,384,000 $1,997,000 $15,990
2020 $894,000 $1,336,000 $2,230,000 $17,619
2019 $873,000 $1,310,000 $2,183,000 $16,408
2018 $785,000 $1,185,000 $1,970,000 $17,094
2017 $689,000 $1,084,000 $1,773,000 $14,433
2016 $625,000 $981,000 $1,606,000 $13,427
2015 $572,000 $907,000 $1,479,000 $12,940
2014 $491,000 $813,000 $1,304,000 $11,915
2013 $453,000 $750,000 $1,203,000 $11,365
2012 $418,000 $827,000 $1,245,000 $10,783
2011 $418,000 $827,000 $1,245,000 $10,685
2009 $517,000 $1,025,000 $1,542,000 $10,630
2007 $639,000 $743,000 $1,382,000 $9,697

Property facts

Year built
1970
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
5,180 sqft
Lot size
15,660 sqft
ZIP code
98040
City
Mercer Island
Street
59th St
Coordinates
47.55034, -122.22938

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$11,914
Gross rental yield
4.19%
Implied cap rate
2.73%
Trend-extrapolated value

Frequently asked questions

When did 8220 59th St last sell?
8220 59th St most recently sold on Apr 11, 2024 for $3,410,000.
What is the current tax assessment for 8220 59th St?
The most recent total assessment for 8220 59th St (year 2025) is $3,267,000 with $19,356 in property tax.
How does 8220 59th St's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $3,410,000.
When was 8220 59th St built?
8220 59th St was built in 1970.
How does 8220 59th St compare to others on 59th St?
We track 8 other properties on 59th St. Browse the list under "Other properties on 59th St" to compare beds, baths, and sale history.
What are the property facts for 8220 59th St?
8220 59th St is a 4 bed, 5 bath, 5,180 sqft, 15,660 sqft lot single_family.
Is 8220 59th St a flip candidate?
No — 8220 59th St does not appear in our flips dataset.
Is 8220 59th St a tax-appeal candidate?
No — 8220 59th 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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