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3848 Mercer Way

Mercer Island, WA 98040

4 bd 3 ba 3,080 sqft Built 1980 Lot 14,810 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

YearBuildingLandTotal assessedTax paid
2025 $905,000 $1,585,000 $2,490,000 $14,756
2024 $811,000 $1,441,000 $2,252,000 $14,851
2023 $882,000 $1,530,000 $2,412,000 $14,802
2022 $497,000 $1,260,000 $1,757,000 $12,946
2021 $420,000 $1,200,000 $1,620,000 $12,975
2020 $558,000 $993,000 $1,551,000 $12,259
2019 $545,000 $974,000 $1,519,000 $11,421
2018 $490,000 $881,000 $1,371,000 $11,900
2017 $428,000 $806,000 $1,234,000 $10,049
2016 $388,000 $730,000 $1,118,000 $9,351
2015 $355,000 $675,000 $1,030,000 $9,016
2014 $246,000 $623,000 $869,000 $7,942
2013 $227,000 $575,000 $802,000 $7,579
2012 $196,000 $634,000 $830,000 $7,192
2011 $202,000 $653,000 $855,000 $7,127
2009 $250,000 $810,000 $1,060,000 $7,311
2007 $385,000 $548,000 $933,000 $6,249

Property facts

Year built
1980
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,080 sqft
Lot size
14,810 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.57481, -122.23923

Comparable properties nearby

Frequently asked questions

When did 3848 Mercer Way last sell?
No public-record sale is on file for 3848 Mercer Way.
What is the current tax assessment for 3848 Mercer Way?
The most recent total assessment for 3848 Mercer Way (year 2025) is $2,490,000 with $14,756 in property tax.
When was 3848 Mercer Way built?
3848 Mercer Way was built in 1980.
How does 3848 Mercer Way compare to others on Mercer Way?
We track 8 other properties on Mercer Way. Browse the list under "Other properties on Mercer Way" to compare beds, baths, and sale history.
What are the property facts for 3848 Mercer Way?
3848 Mercer Way is a 4 bed, 3 bath, 3,080 sqft, 14,810 sqft lot single_family.
Is 3848 Mercer Way a flip candidate?
No — 3848 Mercer Way does not appear in our flips dataset.
Is 3848 Mercer Way a tax-appeal candidate?
No — 3848 Mercer Way 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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