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7002 Mercer Way

Mercer Island, WA 98040

5 bd 8 ba 10,030 sqft Built 2001 Lot 54,284 sqft single_family
Most recent sale
$3,350,000
Aug 12, 1999

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2023 Listed $33,900,000 NWMLS
Aug 12, 1999 Sold $3,350,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $7,253,000 $15,867,000 $23,120,000 $145,207
2024 $7,762,000 $14,425,000 $22,187,000 $143,359
2023 $8,949,000 $15,309,000 $24,258,000 $148,696
2022 $5,530,000 $12,600,000 $18,130,000 $133,430
2021 $4,007,000 $12,000,000 $16,007,000 $128,051
2020 $3,844,000 $11,486,000 $15,330,000 $121,023
2019 $3,744,000 $11,261,000 $15,005,000 $112,694
2018 $3,654,000 $10,828,000 $14,482,000 $125,584
2017 $3,576,000 $9,898,000 $13,474,000 $109,605
2016 $3,244,000 $8,958,000 $12,202,000 $101,934
2015 $2,952,000 $8,280,000 $11,232,000 $98,193
2014 $4,643,000 $6,175,000 $10,818,000 $98,797
2013 $4,267,000 $5,692,000 $9,959,000 $94,033
2012 $4,683,000 $6,269,000 $10,952,000 $94,830
2011 $4,819,000 $6,453,000 $11,272,000 $93,903
2009 $5,494,000 $7,350,000 $12,844,000 $88,457
2007 $5,974,000 $5,722,000 $11,696,000 $87,698

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
5
Baths
8
Living area
10,030 sqft
Lot size
54,284 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.59539, -122.24504

Comparable properties nearby

Frequently asked questions

When did 7002 Mercer Way last sell?
7002 Mercer Way most recently sold on Aug 12, 1999 for $3,350,000.
What is the current tax assessment for 7002 Mercer Way?
The most recent total assessment for 7002 Mercer Way (year 2025) is $23,120,000 with $145,207 in property tax.
How does 7002 Mercer Way's assessment compare to its last sale price?
The current assessment is 590.1% above the last sale price of $3,350,000.
When was 7002 Mercer Way built?
7002 Mercer Way was built in 2001.
How does 7002 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 7002 Mercer Way?
7002 Mercer Way is a 5 bed, 8 bath, 10,030 sqft, 54,284 sqft lot single_family.
Is 7002 Mercer Way a flip candidate?
No — 7002 Mercer Way does not appear in our flips dataset.
Is 7002 Mercer Way a tax-appeal candidate?
No — 7002 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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