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4135 85th Ave

Mercer Island, WA 98040

3 bd 2 ba 1,500 sqft Built 1949 Lot 13,500 sqft single_family
Most recent sale
$1,500,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $1,500,000 MLS #1988174
Aug 26, 2022 Listed $1,495,000 MLS #1988174
Oct 8, 2021 Listed for rent $3,500 AppfolioUnits
Oct 1, 2021 Listed for rent $3,500 AppfolioUnits
Sep 24, 2021 Price changed for rent $3,500 AppfolioUnits
Sep 21, 2021 Listed for rent $3,795 AppfolioUnits
Sep 17, 2021 Price changed for rent $3,795 NWMLS
Sep 6, 2021 Listed for rent $4,000 AppfolioUnits
Sep 5, 2021 Listed for rent $4,000 NWMLS
Mar 28, 1991 Sold $212,500 Public Record
May 4, 1988 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $296,000 $1,346,000 $1,642,000 $10,162
2024 $319,000 $1,231,000 $1,550,000 $1,574
2023 $321,000 $1,308,000 $1,629,000 $3,572
2022 $141,000 $1,077,000 $1,218,000 $4,639
2021 $50,000 $1,026,000 $1,076,000 $5,018
2020 $50,000 $1,026,000 $1,076,000 $8,124
2019 $143,000 $884,000 $1,027,000 $7,569
2018 $139,000 $867,000 $1,006,000 $7,279
2017 $54,000 $784,000 $838,000 $6,357
2016 $63,000 $717,000 $780,000 $5,918
2015 $58,000 $649,000 $707,000 $5,703
2014 $51,000 $600,000 $651,000 $5,313
2013 $43,000 $538,000 $581,000 $5,068
2012 $40,000 $496,000 $536,000 $4,817
2011 $9,000 $547,000 $556,000 $4,779
2010 $9,000 $564,000 $573,000 $4,484
2009 $10,000 $700,000 $710,000 $4,901
2007 $148,000 $435,000 $583,000 $3,760

Property facts

Year built
1949
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,500 sqft
Lot size
13,500 sqft
ZIP code
98040
City
Mercer Island
Street
85th Ave
Coordinates
47.57161, -122.22598

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4135 85th Ave last sell?
4135 85th Ave most recently sold on Sep 13, 2022 for $1,500,000.
What is the current tax assessment for 4135 85th Ave?
The most recent total assessment for 4135 85th Ave (year 2025) is $1,642,000 with $10,162 in property tax.
How does 4135 85th Ave's assessment compare to its last sale price?
The current assessment is 9.5% above the last sale price of $1,500,000.
When was 4135 85th Ave built?
4135 85th Ave was built in 1949.
How does 4135 85th Ave compare to others on 85th Ave?
We track 8 other properties on 85th Ave. Browse the list under "Other properties on 85th Ave" to compare beds, baths, and sale history.
What are the property facts for 4135 85th Ave?
4135 85th Ave is a 3 bed, 2 bath, 1,500 sqft, 13,500 sqft lot single_family.
Is 4135 85th Ave a flip candidate?
No — 4135 85th Ave does not appear in our flips dataset.
Is 4135 85th Ave a tax-appeal candidate?
No — 4135 85th 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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