5605 89th Ave
Mercer Island, WA 98040
4 bd 2 ba 2,610 sqft Built 1959 Lot 11,126 sqft single_family
Most recent sale
$2,300,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $2,300,000 | MLS #1942945 |
| Jul 5, 2022 | Price changed | $2,325,000 | MLS #1942945 |
| Jun 10, 2022 | Price changed | $2,495,000 | MLS #1942945 |
| Jun 1, 2022 | Listed | $2,600,000 | MLS #1942945 |
| Mar 8, 2007 | Sold | $1,050,000 | Public Record |
| Oct 17, 2002 | Sold | $500,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $727,000 | $1,268,000 | $1,995,000 | $12,112 |
| 2024 | $678,000 | $1,170,000 | $1,848,000 | $11,962 |
| 2023 | $700,000 | $1,242,000 | $1,942,000 | $11,921 |
| 2022 | $392,000 | $1,023,000 | $1,415,000 | $10,430 |
| 2021 | $275,000 | $975,000 | $1,250,000 | $10,015 |
| 2020 | $275,000 | $975,000 | $1,250,000 | $10,326 |
| 2019 | $497,000 | $809,000 | $1,306,000 | $9,619 |
| 2018 | $485,000 | $794,000 | $1,279,000 | $10,019 |
| 2017 | $436,000 | $718,000 | $1,154,000 | $8,464 |
| 2016 | $382,000 | $657,000 | $1,039,000 | $7,873 |
| 2015 | $346,000 | $595,000 | $941,000 | $7,591 |
| 2014 | $317,000 | $550,000 | $867,000 | $6,610 |
| 2013 | $185,000 | $538,000 | $723,000 | $6,305 |
| 2012 | $171,000 | $496,000 | $667,000 | $5,987 |
| 2011 | $144,000 | $547,000 | $691,000 | $5,936 |
| 2010 | $148,000 | $564,000 | $712,000 | $5,569 |
| 2009 | $182,000 | $700,000 | $882,000 | $6,086 |
| 2007 | $288,000 | $469,000 | $757,000 | $4,899 |
Property facts
Year built
1959
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
2,610 sqft
Lot size
11,126 sqft
ZIP code
98040
City
Mercer Island
Street
89th Ave
Coordinates
47.55203, -122.22073
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$13,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5605 89th Ave last sell?
5605 89th Ave most recently sold on Aug 26, 2022 for $2,300,000.
What is the current tax assessment for 5605 89th Ave?
The most recent total assessment for 5605 89th Ave (year 2025) is $1,995,000 with $12,112 in property tax.
How does 5605 89th Ave's assessment compare to its last sale price?
The current assessment is 13.3% below the last sale price of $2,300,000.
When was 5605 89th Ave built?
5605 89th Ave was built in 1959.
How does 5605 89th Ave compare to others on 89th Ave?
We track 8 other properties on 89th Ave. Browse the list under "Other properties on 89th Ave" to compare beds, baths, and sale history.
What are the property facts for 5605 89th Ave?
5605 89th Ave is a 4 bed, 2 bath, 2,610 sqft, 11,126 sqft lot single_family.
Is 5605 89th Ave a flip candidate?
No — 5605 89th Ave does not appear in our flips dataset.
Is 5605 89th Ave a tax-appeal candidate?
No — 5605 89th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.8%
Implied 1-yr
+15.2%
2026 Q3
$3.48M
2026 Q4
$3.59M
ZIP 98040 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 89th Ave