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4352 Mercer Way

Mercer Island, WA 98040

5 bd 4 ba 3,340 sqft Built 2016 Lot 17,567 sqft single_family
Most recent sale
$2,895,000
Nov 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 12, 2021 Sold $2,895,000 MLS #1854828
Oct 28, 2021 Listed $2,895,000 MLS #1854828
Mar 2, 2018 Sold $2,275,000 Public Record
Jun 3, 2015 Sold $710,000 Public Record
Dec 2, 2009 Listing removed $729,000 NWMLS
Oct 18, 2009 Listing removed $789,000 NWMLS
Oct 14, 2009 Listed $729,000 MLS #29145287
Jul 21, 2009 Listed $789,000 MLS #29104654
Apr 30, 2002 Sold $483,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,816,000 $1,348,000 $3,164,000 $19,317
2024 $1,617,000 $1,332,000 $2,949,000 $19,227
2023 $1,708,000 $1,415,000 $3,123,000 $19,159
2022 $1,169,000 $1,165,000 $2,334,000 $17,192
2021 $1,000,000 $1,110,000 $2,110,000 $16,894
2020 $1,000,000 $1,110,000 $2,110,000 $18,085
2019 $1,400,000 $889,000 $2,289,000 $16,844
2018 $1,369,000 $872,000 $2,241,000 $18,776
2017 $1,375,000 $789,000 $2,164,000 $5,885
2016 $722,000 $722,000 $5,484
2015 $1,000 $654,000 $655,000 $6,936
2014 $187,000 $605,000 $792,000 $6,107
2013 $124,000 $544,000 $668,000 $5,823
2012 $114,000 $502,000 $616,000 $5,525
2011 $84,000 $553,000 $637,000 $5,473
2010 $86,000 $570,000 $656,000 $5,132
2009 $106,000 $707,000 $813,000 $5,610
2007 $214,000 $474,000 $688,000 $4,614

Property facts

Year built
2016
Property type
single_family
Stories
Beds
5
Baths
4
Living area
3,340 sqft
Lot size
17,567 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.56777, -122.21106

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$17,370
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4352 Mercer Way last sell?
4352 Mercer Way most recently sold on Nov 12, 2021 for $2,895,000.
What is the current tax assessment for 4352 Mercer Way?
The most recent total assessment for 4352 Mercer Way (year 2025) is $3,164,000 with $19,317 in property tax.
How does 4352 Mercer Way's assessment compare to its last sale price?
The current assessment is 9.3% above the last sale price of $2,895,000.
When was 4352 Mercer Way built?
4352 Mercer Way was built in 2016.
How does 4352 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 4352 Mercer Way?
4352 Mercer Way is a 5 bed, 4 bath, 3,340 sqft, 17,567 sqft lot single_family.
Is 4352 Mercer Way a flip candidate?
No — 4352 Mercer Way does not appear in our flips dataset.
Is 4352 Mercer Way a tax-appeal candidate?
No — 4352 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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