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3412 72nd Ave

Mercer Island, WA 98040

4 bd 4 ba 3,110 sqft Built 2019 Lot 8,000 sqft single_family
Most recent sale
$4,000,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $4,000,000 MLS #1946753
Feb 25, 2015 Sold $829,000 MLS #726758
Jan 13, 2015 Listing removed $795,000 NWMLS
Jan 12, 2015 Listed $795,000 MLS #730883

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,262,000 $1,201,000 $3,463,000 $21,770
2024 $2,232,000 $1,092,000 $3,324,000 $21,497
2023 $2,332,000 $1,160,000 $3,492,000 $21,421
2022 $1,655,000 $955,000 $2,610,000 $19,223
2021 $1,395,000 $910,000 $2,305,000 $18,454
2020 $1,395,000 $910,000 $2,305,000 $16,680
2019 $1,375,000 $736,000 $2,111,000 $6,758
2018 $176,000 $722,000 $898,000 $7,045
2017 $158,000 $653,000 $811,000 $6,154
2016 $158,000 $597,000 $755,000 $5,726
2015 $143,000 $541,000 $684,000 $5,520
2014 $130,000 $500,000 $630,000 $1,890
2013 $60,000 $501,000 $561,000 $964
2012 $56,000 $462,000 $518,000 $912
2011 $28,000 $509,000 $537,000 $866
2010 $29,000 $524,000 $553,000 $830
2009 $36,000 $650,000 $686,000 $723
2007 $205,000 $501,000 $706,000 $816

Property facts

Year built
2019
Property type
single_family
Stories
Beds
4
Baths
4
Living area
3,110 sqft
Lot size
8,000 sqft
ZIP code
98040
City
Mercer Island
Street
72nd Ave
Coordinates
47.57960, -122.24283

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$24,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3412 72nd Ave last sell?
3412 72nd Ave most recently sold on May 31, 2022 for $4,000,000.
What is the current tax assessment for 3412 72nd Ave?
The most recent total assessment for 3412 72nd Ave (year 2025) is $3,463,000 with $21,770 in property tax.
How does 3412 72nd Ave's assessment compare to its last sale price?
The current assessment is 13.4% below the last sale price of $4,000,000.
When was 3412 72nd Ave built?
3412 72nd Ave was built in 2019.
How does 3412 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 3412 72nd Ave?
3412 72nd Ave is a 4 bed, 4 bath, 3,110 sqft, 8,000 sqft lot single_family.
Is 3412 72nd Ave a flip candidate?
No — 3412 72nd Ave does not appear in our flips dataset.
Is 3412 72nd Ave a tax-appeal candidate?
No — 3412 72nd Ave 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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