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8617 62nd St

Mercer Island, WA 98040

5 bd 4 ba 5,528 sqft Built 2018 Lot 15,246 sqft single_family
Most recent sale
$4,050,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $4,050,000 MLS #1942352
May 28, 2022 Listed $3,999,999 MLS #1942352
May 20, 2022 Price changed $4,295,000 MLS #1913718
Apr 27, 2022 Listed $4,395,000 MLS #1913718
Dec 11, 2018 Sold $3,150,000 MLS #1364541
Sep 20, 2018 Listed $3,295,000 MLS #1364541
Sep 19, 2018 Listing removed $3,485,000 NWMLS
Aug 15, 2018 Price changed $3,485,000 MLS #1299960
May 26, 2018 Listed $3,585,000 MLS #1299960
Jun 1, 2016 Sold $1,000,000 Public Record
Dec 18, 1992 Sold $132,000 Public Record
Jun 22, 1987 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,927,000 $1,511,000 $4,438,000 $27,889
2024 $2,885,000 $1,374,000 $4,259,000 $27,538
2023 $3,015,000 $1,459,000 $4,474,000 $27,440
2022 $2,143,000 $1,201,000 $3,344,000 $24,624
2021 $1,809,000 $1,144,000 $2,953,000 $23,637
2020 $2,125,000 $993,000 $3,118,000 $24,628
2019 $2,078,000 $974,000 $3,052,000 $22,933
2018 $881,000 $881,000 $7,651
2017 $1,000 $806,000 $807,000 $6,576
2016 $1,000 $730,000 $731,000 $6,118
2015 $1,000 $675,000 $676,000 $5,921
2014 $1,000 $594,000 $595,000 $5,440
2013 $40,000 $548,000 $588,000 $5,558
2012 $4,000 $605,000 $609,000 $5,279
2011 $4,000 $605,000 $609,000 $5,233
2010 $4,000 $605,000 $609,000 $4,765
2009 $5,000 $750,000 $755,000 $5,211
2007 $5,000 $570,000 $575,000 $3,865

Property facts

Year built
2018
Property type
single_family
Stories
Beds
5
Baths
4
Living area
5,528 sqft
Lot size
15,246 sqft
ZIP code
98040
City
Mercer Island
Street
62nd St
Coordinates
47.54672, -122.22462

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,714
Gross rental yield
3.77%
Implied cap rate
2.45%
Trend-extrapolated value

Frequently asked questions

When did 8617 62nd St last sell?
8617 62nd St most recently sold on Jun 14, 2022 for $4,050,000.
What is the current tax assessment for 8617 62nd St?
The most recent total assessment for 8617 62nd St (year 2025) is $4,438,000 with $27,889 in property tax.
How does 8617 62nd St's assessment compare to its last sale price?
The current assessment is 9.6% above the last sale price of $4,050,000.
When was 8617 62nd St built?
8617 62nd St was built in 2018.
How does 8617 62nd St compare to others on 62nd St?
We track 3 other properties on 62nd St. Browse the list under "Other properties on 62nd St" to compare beds, baths, and sale history.
What are the property facts for 8617 62nd St?
8617 62nd St is a 5 bed, 4 bath, 5,528 sqft, 15,246 sqft lot single_family.
Is 8617 62nd St a flip candidate?
No — 8617 62nd St does not appear in our flips dataset.
Is 8617 62nd St a tax-appeal candidate?
No — 8617 62nd 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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