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7844 71st St

Mercer Island, WA 98040

5 bd 3 ba 3,200 sqft Built 1962 Lot 9,383 sqft single_family
Most recent sale
$2,600,000
Feb 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 26, 2023 Sold $2,140,000 NWMLS
Apr 27, 2023 Listed $2,325,000 NWMLS
Feb 22, 2022 Sold $2,600,000 MLS #1881519
Jan 27, 2022 Listed $2,195,000 MLS #1881519
Feb 24, 2012 Sold $760,000 Public Record
Jan 19, 2012 Listing removed $799,900 NWMLS
Jan 4, 2012 Relisted $799,900 MLS #258208
Jan 1, 2012 Listing removed $799,900 NWMLS
Nov 20, 2011 Price changed $799,900 MLS #258208
Oct 22, 2011 Relisted $835,000 MLS #258208
Oct 18, 2011 Listing removed $850,000 NWMLS
Sep 30, 2011 Price changed $850,000 MLS #258208
Aug 3, 2011 Listed $889,000 MLS #258208
Feb 17, 2006 Sold $889,000 Public Record
Apr 27, 1984 Sold $119,000 Public Record
Feb 20, 1981 Sold $129,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $797,000 $1,208,000 $2,005,000 $11,889
2024 $715,000 $1,099,000 $1,814,000 $11,742
2023 $750,000 $1,167,000 $1,917,000 $11,768
2022 $308,000 $961,000 $1,269,000 $9,355
2021 $205,000 $916,000 $1,121,000 $8,983
2020 $205,000 $916,000 $1,121,000 $9,758
2019 $279,000 $955,000 $1,234,000 $9,086
2018 $271,000 $937,000 $1,208,000 $9,325
2017 $226,000 $848,000 $1,074,000 $7,878
2016 $191,000 $776,000 $967,000 $7,330
2015 $173,000 $703,000 $876,000 $7,067
2014 $157,000 $650,000 $807,000 $6,509
2013 $137,000 $575,000 $712,000 $6,210
2012 $127,000 $530,000 $657,000 $5,896
2011 $95,000 $585,000 $680,000 $5,842
2010 $95,000 $585,000 $680,000 $5,319
2009 $118,000 $725,000 $843,000 $5,817
2007 $263,000 $536,000 $799,000 $5,169

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,200 sqft
Lot size
9,383 sqft
ZIP code
98040
City
Mercer Island
Street
71st St
Coordinates
47.53958, -122.23310

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$15,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7844 71st St last sell?
7844 71st St most recently sold on Feb 22, 2022 for $2,600,000.
What is the current tax assessment for 7844 71st St?
The most recent total assessment for 7844 71st St (year 2025) is $2,005,000 with $11,889 in property tax.
How does 7844 71st St's assessment compare to its last sale price?
The current assessment is 22.9% below the last sale price of $2,600,000.
When was 7844 71st St built?
7844 71st St was built in 1962.
How does 7844 71st St compare to others on 71st St?
We track 8 other properties on 71st St. Browse the list under "Other properties on 71st St" to compare beds, baths, and sale history.
What are the property facts for 7844 71st St?
7844 71st St is a 5 bed, 3 bath, 3,200 sqft, 9,383 sqft lot single_family.
Is 7844 71st St a flip candidate?
No — 7844 71st St does not appear in our flips dataset.
Is 7844 71st St a tax-appeal candidate?
No — 7844 71st 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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