7640 Mercer Way
Mercer Island, WA 98040
2 bd 1 ba 1,060 sqft Built 1952 Lot 7,687 sqft single_family
Most recent sale
$950,000
Sep 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 14, 2022 | Sold | $950,000 | MLS #1946677 |
| Aug 16, 2022 | Price changed | $950,000 | MLS #1946677 |
| Jul 14, 2022 | Price changed | $1,059,000 | MLS #1946677 |
| Jun 11, 2022 | Listed | $1,198,000 | MLS #1946677 |
Tax assessment history
No tax assessment data
No assessment history available for this parcel.
Property facts
Year built
1952
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
1,060 sqft
Lot size
7,687 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.59049, -122.23670
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
$5,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7640 Mercer Way last sell?
7640 Mercer Way most recently sold on Sep 14, 2022 for $950,000.
What is the current tax assessment for 7640 Mercer Way?
No tax-assessment history is recorded for this parcel.
When was 7640 Mercer Way built?
7640 Mercer Way was built in 1952.
How does 7640 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 7640 Mercer Way?
7640 Mercer Way is a 2 bed, 1 bath, 1,060 sqft, 7,687 sqft lot single_family.
Is 7640 Mercer Way a flip candidate?
No — 7640 Mercer Way does not appear in our flips dataset.
Is 7640 Mercer Way a tax-appeal candidate?
No — 7640 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