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5407 Mercer Way

Mercer Island, WA 98040

4 bd 3 ba 3,930 sqft Built 1981 Lot 15,246 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 $1,356,000 $2,299,000 $3,655,000 $22,975
2024 $1,418,000 $2,090,000 $3,508,000 $22,687
2023 $1,466,000 $2,219,000 $3,685,000 $22,604
2022 $927,000 $1,827,000 $2,754,000 $20,283
2021 $692,000 $1,740,000 $2,432,000 $19,469
2020 $863,000 $1,547,000 $2,410,000 $19,040
2019 $1,021,000 $1,517,000 $2,538,000 $19,073
2018 $918,000 $1,372,000 $2,290,000 $19,868
2017 $806,000 $1,255,000 $2,061,000 $16,776
2016 $731,000 $1,136,000 $1,867,000 $15,607
2015 $669,000 $1,050,000 $1,719,000 $15,038
2014 $627,000 $1,078,000 $1,705,000 $15,577
2013 $578,000 $994,000 $1,572,000 $14,849
2012 $530,000 $1,096,000 $1,626,000 $14,083
2011 $545,000 $1,129,000 $1,674,000 $13,951
2009 $674,000 $1,400,000 $2,074,000 $14,293
2007 $433,000 $1,005,000 $1,438,000 $10,087

Property facts

Year built
1981
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,930 sqft
Lot size
15,246 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.55372, -122.23151

Comparable properties nearby

Frequently asked questions

When did 5407 Mercer Way last sell?
No public-record sale is on file for 5407 Mercer Way.
What is the current tax assessment for 5407 Mercer Way?
The most recent total assessment for 5407 Mercer Way (year 2025) is $3,655,000 with $22,975 in property tax.
When was 5407 Mercer Way built?
5407 Mercer Way was built in 1981.
How does 5407 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 5407 Mercer Way?
5407 Mercer Way is a 4 bed, 3 bath, 3,930 sqft, 15,246 sqft lot single_family.
Is 5407 Mercer Way a flip candidate?
No — 5407 Mercer Way does not appear in our flips dataset.
Is 5407 Mercer Way a tax-appeal candidate?
No — 5407 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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