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8559 85th Ave

Mercer Island, WA 98040

4 bd 5 ba 3,450 sqft Built 1972 Lot 19,000 sqft single_family
Most recent sale
$2,848,000
Apr 17, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2023 Sold $2,848,000 Public Record
Mar 7, 2023 Listing removed NWMLS
Jan 21, 2023 Price changed $2,900,000 NWMLS
Oct 18, 2022 Listed $3,100,000 MLS #2007722
Oct 17, 2022 Listing removed NWMLS
Aug 31, 2022 Price changed $3,400,000 MLS #1962128
Aug 7, 2022 Price changed $3,550,000 MLS #1962128
Jul 16, 2022 Listed $3,700,000 MLS #1962128
May 15, 2018 Sold $2,600,000 MLS #1260565
Mar 27, 2018 Listed $2,400,000 MLS #1260565
Aug 29, 2011 Sold $1,800,000 Public Record
Jul 22, 2011 Listing removed $1,985,000 NWMLS
Jun 7, 2011 Listed $1,985,000 MLS #232913
Aug 9, 2007 Sold $1,407,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,494,000 $1,888,000 $3,382,000 $21,843
2024 $1,572,000 $1,763,000 $3,335,000 $21,566
2023 $1,631,000 $1,872,000 $3,503,000 $21,488
2022 $1,045,000 $1,541,000 $2,586,000 $19,047
2021 $816,000 $1,468,000 $2,284,000 $18,286
2020 $816,000 $1,468,000 $2,284,000 $19,159
2019 $1,157,000 $1,268,000 $2,425,000 $17,842
2018 $1,130,000 $1,244,000 $2,374,000 $18,586
2017 $1,017,000 $1,125,000 $2,142,000 $16,223
2016 $964,000 $1,029,000 $1,993,000 $15,090
2015 $873,000 $932,000 $1,805,000 $15,371
2014 $895,000 $862,000 $1,757,000 $16,728
2013 $1,085,000 $746,000 $1,831,000 $15,944
2012 $1,000,000 $688,000 $1,688,000 $15,126
2011 $328,000 $759,000 $1,087,000 $9,331
2010 $337,000 $782,000 $1,119,000 $8,745
2009 $417,000 $970,000 $1,387,000 $9,563
2007 $516,000 $562,000 $1,078,000 $7,216

Property facts

Year built
1972
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
3,450 sqft
Lot size
19,000 sqft
ZIP code
98040
City
Mercer Island
Street
85th Ave
Coordinates
47.52560, -122.22626

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$17,088
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8559 85th Ave last sell?
8559 85th Ave most recently sold on Apr 17, 2023 for $2,848,000.
What is the current tax assessment for 8559 85th Ave?
The most recent total assessment for 8559 85th Ave (year 2025) is $3,382,000 with $21,843 in property tax.
How does 8559 85th Ave's assessment compare to its last sale price?
The current assessment is 18.8% above the last sale price of $2,848,000.
When was 8559 85th Ave built?
8559 85th Ave was built in 1972.
How does 8559 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 8559 85th Ave?
8559 85th Ave is a 4 bed, 5 bath, 3,450 sqft, 19,000 sqft lot single_family.
Is 8559 85th Ave a flip candidate?
No — 8559 85th Ave does not appear in our flips dataset.
Is 8559 85th Ave a tax-appeal candidate?
Yes — 8559 85th Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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