5055 Mercer Way
Mercer Island, WA 98040
5 bd 5 ba 4,135 sqft Built 2005 Lot 16,091 sqft single_family
Most recent sale
$1,747,000
Jun 9, 2006
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 7, 2024 | Sold | $3,100,000 | NWMLS |
| Mar 21, 2024 | Price changed | $3,150,000 | NWMLS |
| Mar 5, 2024 | Listed | $3,250,000 | NWMLS |
| Jul 2, 2023 | Listing removed | — | NWMLS |
| Apr 15, 2023 | Listed | $3,399,000 | NWMLS |
| Oct 12, 2015 | Listing removed | $1,799,000 | NWMLS |
| Jun 9, 2006 | Sold | $1,747,000 | Public Record |
| Feb 10, 2006 | Listed | $1,799,000 | NWMLS |
| Jul 9, 2004 | Sold | $320,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,349,000 | $1,448,000 | $2,797,000 | $17,589 |
| 2024 | $1,368,000 | $1,317,000 | $2,685,000 | $17,700 |
| 2023 | $1,452,000 | $1,399,000 | $2,851,000 | $17,492 |
| 2022 | $979,000 | $1,152,000 | $2,131,000 | $15,698 |
| 2021 | $867,000 | $1,098,000 | $1,965,000 | $15,734 |
| 2020 | $1,334,000 | $884,000 | $2,218,000 | $17,524 |
| 2019 | $1,304,000 | $867,000 | $2,171,000 | $16,317 |
| 2018 | $1,175,000 | $784,000 | $1,959,000 | $16,998 |
| 2017 | $1,106,000 | $717,000 | $1,823,000 | $14,840 |
| 2016 | $1,002,000 | $649,000 | $1,651,000 | $13,803 |
| 2015 | $920,000 | $600,000 | $1,520,000 | $13,299 |
| 2014 | $822,000 | $577,000 | $1,399,000 | $12,782 |
| 2013 | $758,000 | $532,000 | $1,290,000 | $12,186 |
| 2012 | $748,000 | $587,000 | $1,335,000 | $11,562 |
| 2011 | $769,000 | $605,000 | $1,374,000 | $11,456 |
| 2009 | $952,000 | $750,000 | $1,702,000 | $11,732 |
| 2007 | $897,000 | $583,000 | $1,480,000 | $9,907 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,135 sqft
Lot size
16,091 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.55746, -122.22509
Comparable properties nearby
Frequently asked questions
When did 5055 Mercer Way last sell?
5055 Mercer Way most recently sold on Jun 9, 2006 for $1,747,000.
What is the current tax assessment for 5055 Mercer Way?
The most recent total assessment for 5055 Mercer Way (year 2025) is $2,797,000 with $17,589 in property tax.
How does 5055 Mercer Way's assessment compare to its last sale price?
The current assessment is 60.1% above the last sale price of $1,747,000.
When was 5055 Mercer Way built?
5055 Mercer Way was built in 2005.
How does 5055 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 5055 Mercer Way?
5055 Mercer Way is a 5 bed, 5 bath, 4,135 sqft, 16,091 sqft lot single_family.
Is 5055 Mercer Way a flip candidate?
No — 5055 Mercer Way does not appear in our flips dataset.
Is 5055 Mercer Way a tax-appeal candidate?
No — 5055 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