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3229 74th Ave

Mercer Island, WA 98040

5 bd 3 ba 2,500 sqft Built 1965 Lot 8,982 sqft single_family
Most recent sale
$2,000,000
Dec 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2021 Sold $2,000,000 MLS #1858749
Nov 4, 2021 Listed $1,950,000 MLS #1858749
Jun 28, 2019 Sold $1,320,000 MLS #1448654
May 21, 2019 Price changed $1,348,000 MLS #1448654
May 7, 2019 Listed $1,398,000 MLS #1448654

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $704,000 $1,248,000 $1,952,000 $11,575
2024 $631,000 $1,135,000 $1,766,000 $11,432
2023 $651,000 $1,205,000 $1,856,000 $11,394
2022 $346,000 $992,000 $1,338,000 $9,863
2021 $237,000 $945,000 $1,182,000 $9,471
2020 $340,000 $736,000 $1,076,000 $8,510
2019 $332,000 $722,000 $1,054,000 $7,929
2018 $298,000 $653,000 $951,000 $8,258
2017 $259,000 $597,000 $856,000 $6,975
2016 $223,000 $541,000 $764,000 $6,394
2015 $204,000 $500,000 $704,000 $6,166
2014 $90,000 $501,000 $591,000 $5,404
2013 $83,000 $462,000 $545,000 $5,152
2012 $55,000 $509,000 $564,000 $4,889
2011 $57,000 $524,000 $581,000 $4,847
2010 $57,000 $524,000 $581,000 $4,547
2009 $70,000 $650,000 $720,000 $4,970
2007 $229,000 $435,000 $664,000 $4,299

Property facts

Year built
1965
Property type
single_family
Stories
Beds
5
Baths
3
Living area
2,500 sqft
Lot size
8,982 sqft
ZIP code
98040
City
Mercer Island
Street
74th Ave
Coordinates
47.58087, -122.24080

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3229 74th Ave last sell?
3229 74th Ave most recently sold on Dec 21, 2021 for $2,000,000.
What is the current tax assessment for 3229 74th Ave?
The most recent total assessment for 3229 74th Ave (year 2025) is $1,952,000 with $11,575 in property tax.
How does 3229 74th Ave's assessment compare to its last sale price?
The current assessment is 2.4% below the last sale price of $2,000,000.
When was 3229 74th Ave built?
3229 74th Ave was built in 1965.
How does 3229 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 3229 74th Ave?
3229 74th Ave is a 5 bed, 3 bath, 2,500 sqft, 8,982 sqft lot single_family.
Is 3229 74th Ave a flip candidate?
No — 3229 74th Ave does not appear in our flips dataset.
Is 3229 74th Ave a tax-appeal candidate?
No — 3229 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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