4656 Mercer Way
Mercer Island, WA 98040
5 bd 7 ba 6,620 sqft Built 2006 Lot 30,056 sqft single_family
Most recent sale
$4,700,000
Dec 31, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 31, 2021 | Sold | $4,700,000 | MLS #1856927 |
| Oct 23, 2021 | Listed | $4,500,000 | MLS #1856927 |
| Jun 16, 2004 | Sold | $200,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $2,551,000 | $1,995,000 | $4,546,000 | $26,868 |
| 2024 | $2,672,000 | $1,431,000 | $4,103,000 | $26,526 |
| 2023 | $2,790,000 | $1,519,000 | $4,309,000 | $26,428 |
| 2022 | $1,970,000 | $1,251,000 | $3,221,000 | $23,719 |
| 2021 | $1,652,000 | $1,192,000 | $2,844,000 | $22,765 |
| 2020 | $1,943,000 | $1,059,000 | $3,002,000 | $23,713 |
| 2019 | $1,900,000 | $1,039,000 | $2,939,000 | $22,085 |
| 2018 | $1,898,000 | $940,000 | $2,838,000 | $24,620 |
| 2017 | $1,781,000 | $860,000 | $2,641,000 | $21,493 |
| 2016 | $1,613,000 | $779,000 | $2,392,000 | $19,992 |
| 2015 | $1,482,000 | $720,000 | $2,202,000 | $19,260 |
| 2014 | $1,530,000 | $657,000 | $2,187,000 | $19,979 |
| 2013 | $1,411,000 | $606,000 | $2,017,000 | $19,050 |
| 2012 | $1,417,000 | $669,000 | $2,086,000 | $18,063 |
| 2011 | $1,458,000 | $689,000 | $2,147,000 | $17,895 |
| 2010 | $1,458,000 | $689,000 | $2,147,000 | $16,769 |
| 2009 | $1,805,000 | $855,000 | $2,660,000 | $18,329 |
| 2007 | $2,759,000 | $402,000 | $3,161,000 | $14,443 |
Property facts
Year built
2006
Property type
single_family
Stories
—
Beds
5
Baths
7
Living area
6,620 sqft
Lot size
30,056 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.56161, -122.21137
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$15,226
Gross rental yield
3.89%
Implied cap rate
2.53%
Trend-extrapolated value
—
Frequently asked questions
When did 4656 Mercer Way last sell?
4656 Mercer Way most recently sold on Dec 31, 2021 for $4,700,000.
What is the current tax assessment for 4656 Mercer Way?
The most recent total assessment for 4656 Mercer Way (year 2025) is $4,546,000 with $26,868 in property tax.
How does 4656 Mercer Way's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $4,700,000.
When was 4656 Mercer Way built?
4656 Mercer Way was built in 2006.
How does 4656 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 4656 Mercer Way?
4656 Mercer Way is a 5 bed, 7 bath, 6,620 sqft, 30,056 sqft lot single_family.
Is 4656 Mercer Way a flip candidate?
No — 4656 Mercer Way does not appear in our flips dataset.
Is 4656 Mercer Way a tax-appeal candidate?
No — 4656 Mercer Way 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 Mercer Way