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2951 74th Ave

Mercer Island, WA 98040

5 bd 4 ba 3,900 sqft Built 1951 Lot 17,175 sqft single_family
Most recent sale
$3,250,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $3,250,000 MLS #1901660
Mar 19, 2022 Listed $3,250,000 MLS #1901660
May 15, 2013 Sold $1,375,000 MLS #471481
Apr 11, 2013 Listed $1,420,000 MLS #471481
Nov 24, 1993 Sold $240,000 Public Record
Sep 14, 1993 Sold $375,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,110,000 $1,677,000 $2,787,000 $16,516
2024 $996,000 $1,525,000 $2,521,000 $16,310
2023 $1,030,000 $1,619,000 $2,649,000 $16,254
2022 $597,000 $1,333,000 $1,930,000 $14,219
2021 $434,000 $1,270,000 $1,704,000 $13,646
2020 $738,000 $993,000 $1,731,000 $13,680
2019 $721,000 $974,000 $1,695,000 $12,743
2018 $649,000 $881,000 $1,530,000 $13,279
2017 $571,000 $806,000 $1,377,000 $11,212
2016 $517,000 $730,000 $1,247,000 $10,428
2015 $473,000 $675,000 $1,148,000 $10,047
2014 $271,000 $615,000 $886,000 $8,098
2013 $250,000 $567,000 $817,000 $7,720
2012 $220,000 $626,000 $846,000 $7,328
2011 $226,000 $645,000 $871,000 $7,264
2010 $226,000 $645,000 $871,000 $6,810
2009 $279,000 $800,000 $1,079,000 $7,442
2007 $400,000 $570,000 $970,000 $5,711

Property facts

Year built
1951
Property type
single_family
Stories
Beds
5
Baths
4
Living area
3,900 sqft
Lot size
17,175 sqft
ZIP code
98040
City
Mercer Island
Street
74th Ave
Coordinates
47.58290, -122.24083

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$19,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2951 74th Ave last sell?
2951 74th Ave most recently sold on Apr 22, 2022 for $3,250,000.
What is the current tax assessment for 2951 74th Ave?
The most recent total assessment for 2951 74th Ave (year 2025) is $2,787,000 with $16,516 in property tax.
How does 2951 74th Ave's assessment compare to its last sale price?
The current assessment is 14.2% below the last sale price of $3,250,000.
When was 2951 74th Ave built?
2951 74th Ave was built in 1951.
How does 2951 74th Ave compare to others on 74th Ave?
We track 8 other properties on 74th Ave. Browse the list under "Other properties on 74th Ave" to compare beds, baths, and sale history.
What are the property facts for 2951 74th Ave?
2951 74th Ave is a 5 bed, 4 bath, 3,900 sqft, 17,175 sqft lot single_family.
Is 2951 74th Ave a flip candidate?
No — 2951 74th Ave does not appear in our flips dataset.
Is 2951 74th Ave a tax-appeal candidate?
No — 2951 74th 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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