2823 72nd Ave
Mercer Island, WA 98040
5 bd 7 ba 4,927 sqft Built 2022 Lot 9,000 sqft single_family
Most recent sale
$3,800,000
Sep 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 28, 2022 | Sold | $3,800,000 | MLS #1974730 |
| Aug 16, 2022 | Price changed | $4,280,000 | MLS #1974730 |
| Jul 27, 2022 | Listed | $4,380,000 | MLS #1974730 |
| Aug 31, 2017 | Sold | $1,000,000 | Public Record |
| Apr 19, 1996 | Sold | $272,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $2,436,000 | $1,254,000 | $3,690,000 | $23,197 |
| 2024 | $2,402,000 | $1,140,000 | $3,542,000 | $22,908 |
| 2023 | $2,852,000 | $1,211,000 | $4,063,000 | $24,920 |
| 2022 | $1,350,000 | $997,000 | $2,347,000 | $17,288 |
| 2021 | $408,000 | $950,000 | $1,358,000 | $10,879 |
| 2020 | $408,000 | $950,000 | $1,358,000 | $6,403 |
| 2019 | — | $809,000 | $809,000 | $8,042 |
| 2018 | $275,000 | $794,000 | $1,069,000 | $8,380 |
| 2017 | $247,000 | $718,000 | $965,000 | $7,317 |
| 2016 | $241,000 | $657,000 | $898,000 | $6,812 |
| 2015 | $219,000 | $595,000 | $814,000 | $6,569 |
| 2014 | $200,000 | $550,000 | $750,000 | $5,523 |
| 2013 | $66,000 | $538,000 | $604,000 | $5,266 |
| 2012 | $61,000 | $496,000 | $557,000 | $4,999 |
| 2011 | $29,000 | $547,000 | $576,000 | $4,950 |
| 2010 | $29,000 | $564,000 | $593,000 | $4,640 |
| 2009 | $35,000 | $700,000 | $735,000 | $5,073 |
| 2007 | $200,000 | $435,000 | $635,000 | $4,097 |
Property facts
Year built
2022
Property type
single_family
Stories
—
Beds
5
Baths
7
Living area
4,927 sqft
Lot size
9,000 sqft
ZIP code
98040
City
Mercer Island
Street
72nd Ave
Coordinates
47.58460, -122.24344
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$22,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2823 72nd Ave last sell?
2823 72nd Ave most recently sold on Sep 28, 2022 for $3,800,000.
What is the current tax assessment for 2823 72nd Ave?
The most recent total assessment for 2823 72nd Ave (year 2025) is $3,690,000 with $23,197 in property tax.
How does 2823 72nd Ave's assessment compare to its last sale price?
The current assessment is 2.9% below the last sale price of $3,800,000.
When was 2823 72nd Ave built?
2823 72nd Ave was built in 2022.
How does 2823 72nd Ave compare to others on 72nd Ave?
We track 8 other properties on 72nd Ave. Browse the list under "Other properties on 72nd Ave" to compare beds, baths, and sale history.
What are the property facts for 2823 72nd Ave?
2823 72nd Ave is a 5 bed, 7 bath, 4,927 sqft, 9,000 sqft lot single_family.
Is 2823 72nd Ave a flip candidate?
No — 2823 72nd Ave does not appear in our flips dataset.
Is 2823 72nd Ave a tax-appeal candidate?
No — 2823 72nd Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.8%
Implied 1-yr
+15.2%
2026 Q3
$3.48M
2026 Q4
$3.59M
ZIP 98040 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 72nd Ave