7270 Mercer Way
Mercer Island, WA 98040
4 bd 5 ba 5,590 sqft Built 2012 Lot 19,040 sqft single_family
Most recent sale
$3,750,000
Apr 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2022 | Sold | $3,750,000 | MLS #1885350 |
| Feb 11, 2022 | Listed | $3,895,000 | MLS #1885350 |
| Oct 12, 2016 | Sold | $2,515,000 | Public Record |
| Jan 12, 2016 | Listed | $2,790,000 | MLS #883402 |
| Nov 10, 2015 | Sold | $1,990,000 | MLS #530475 |
| Dec 31, 2013 | Sold | $1,990,000 | Public Record |
| Aug 13, 2013 | Listed | $2,190,000 | MLS #530475 |
| Aug 13, 2013 | Listing removed | $2,280,000 | NWMLS |
| Feb 5, 2013 | Listed | $2,280,000 | MLS #444561 |
| Feb 5, 2013 | Listing removed | $2,330,000 | NWMLS |
| Jan 2, 2013 | Listed | $2,330,000 | MLS #433406 |
| Jan 2, 2013 | Listing removed | $2,380,000 | NWMLS |
| Sep 12, 2012 | Price changed | $2,380,000 | MLS #362829 |
| May 30, 2012 | Listing removed | $2,600,000 | NWMLS |
| May 30, 2012 | Listed | $2,495,000 | MLS #362829 |
| Mar 18, 2012 | Listed | $2,600,000 | MLS #332657 |
| Mar 18, 2012 | Listing removed | $2,600,000 | NWMLS |
| Jun 8, 2011 | Listed | $2,600,000 | MLS #233789 |
| Jun 16, 2008 | Sold | $775,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,840,000 | $1,524,000 | $3,364,000 | $21,149 |
| 2024 | $1,843,000 | $1,386,000 | $3,229,000 | $21,284 |
| 2023 | $2,805,000 | $1,472,000 | $4,277,000 | $26,232 |
| 2022 | $1,938,000 | $1,212,000 | $3,150,000 | $23,197 |
| 2021 | $1,750,000 | $1,155,000 | $2,905,000 | $23,253 |
| 2020 | $1,755,000 | $993,000 | $2,748,000 | $21,708 |
| 2019 | $1,716,000 | $974,000 | $2,690,000 | $20,215 |
| 2018 | $1,546,000 | $881,000 | $2,427,000 | $21,056 |
| 2017 | $1,452,000 | $806,000 | $2,258,000 | $18,378 |
| 2016 | $1,315,000 | $730,000 | $2,045,000 | $17,094 |
| 2015 | $1,472,000 | $675,000 | $2,147,000 | $17,407 |
| 2014 | $1,476,000 | $594,000 | $2,070,000 | $18,910 |
| 2013 | $1,361,000 | $548,000 | $1,909,000 | $18,030 |
| 2012 | $45,000 | $605,000 | $650,000 | $14,645 |
| 2011 | $45,000 | $605,000 | $650,000 | $5,584 |
| 2010 | $45,000 | $605,000 | $650,000 | $5,085 |
| 2009 | $56,000 | $750,000 | $806,000 | $5,562 |
| 2007 | $183,000 | $482,000 | $665,000 | $4,307 |
Property facts
Year built
2012
Property type
single_family
Stories
—
Beds
4
Baths
5
Living area
5,590 sqft
Lot size
19,040 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.53730, -122.23939
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$12,857
Gross rental yield
4.11%
Implied cap rate
2.67%
Trend-extrapolated value
—
Frequently asked questions
When did 7270 Mercer Way last sell?
7270 Mercer Way most recently sold on Apr 15, 2022 for $3,750,000.
What is the current tax assessment for 7270 Mercer Way?
The most recent total assessment for 7270 Mercer Way (year 2025) is $3,364,000 with $21,149 in property tax.
How does 7270 Mercer Way's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $3,750,000.
When was 7270 Mercer Way built?
7270 Mercer Way was built in 2012.
How does 7270 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 7270 Mercer Way?
7270 Mercer Way is a 4 bed, 5 bath, 5,590 sqft, 19,040 sqft lot single_family.
Is 7270 Mercer Way a flip candidate?
No — 7270 Mercer Way does not appear in our flips dataset.
Is 7270 Mercer Way a tax-appeal candidate?
No — 7270 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
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Geography
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