7416 Mercer Terrace Dr
Mercer Island, WA 98040
4 bd 3.5 ba 4,400 sqft Built 1967 Lot 12,197 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $866,000 | $1,360,000 | $2,226,000 | $13,198 |
| 2024 | $777,000 | $1,237,000 | $2,014,000 | $13,035 |
| 2023 | $803,000 | $1,313,000 | $2,116,000 | $12,987 |
| 2022 | $460,000 | $1,081,000 | $1,541,000 | $11,357 |
| 2021 | $331,000 | $1,030,000 | $1,361,000 | $10,903 |
| 2020 | $292,000 | $920,000 | $1,212,000 | $9,583 |
| 2019 | $285,000 | $902,000 | $1,187,000 | $8,928 |
| 2018 | $434,000 | $816,000 | $1,250,000 | $10,851 |
| 2017 | $379,000 | $746,000 | $1,125,000 | $9,163 |
| 2016 | $343,000 | $676,000 | $1,019,000 | $8,524 |
| 2015 | $313,000 | $625,000 | $938,000 | $8,211 |
| 2014 | $308,000 | $554,000 | $862,000 | $7,879 |
| 2013 | $284,000 | $511,000 | $795,000 | $7,513 |
| 2012 | $259,000 | $564,000 | $823,000 | $7,129 |
| 2011 | $259,000 | $564,000 | $823,000 | $7,067 |
| 2009 | $320,000 | $700,000 | $1,020,000 | $7,035 |
| 2007 | $443,000 | $501,000 | $944,000 | $6,106 |
Property facts
Year built
1967
Property type
single_family
Stories
—
Beds
4
Baths
3.5
Living area
4,400 sqft
Lot size
12,197 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Terrace Dr
Coordinates
47.53626, -122.23620
Comparable properties nearby
Frequently asked questions
When did 7416 Mercer Terrace Dr last sell?
No public-record sale is on file for 7416 Mercer Terrace Dr.
What is the current tax assessment for 7416 Mercer Terrace Dr?
The most recent total assessment for 7416 Mercer Terrace Dr (year 2025) is $2,226,000 with $13,198 in property tax.
When was 7416 Mercer Terrace Dr built?
7416 Mercer Terrace Dr was built in 1967.
How does 7416 Mercer Terrace Dr compare to others on Mercer Terrace Dr?
We track 4 other properties on Mercer Terrace Dr. Browse the list under "Other properties on Mercer Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 7416 Mercer Terrace Dr?
7416 Mercer Terrace Dr is a 4 bed, 3.5 bath, 4,400 sqft, 12,197 sqft lot single_family.
Is 7416 Mercer Terrace Dr a flip candidate?
No — 7416 Mercer Terrace Dr does not appear in our flips dataset.
Is 7416 Mercer Terrace Dr a tax-appeal candidate?
No — 7416 Mercer Terrace Dr 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
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