8182 Mercer Way
Mercer Island, WA 98040
4 bd 5 ba 5,199 sqft Built 1987 Lot 34,632 sqft single_family
Most recent sale
$4,000,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $4,000,000 | MLS #1954210 |
| Jun 22, 2022 | Listed | $4,250,000 | MLS #1954210 |
| Oct 12, 2015 | Listing removed | $2,295,000 | NWMLS |
| Sep 22, 2009 | Listing removed | $2,295,000 | NWMLS |
| Jul 22, 2009 | Relisted | $2,295,000 | MLS #29097260 |
| Jul 20, 2009 | Listing removed | $2,295,000 | NWMLS |
| Jul 7, 2009 | Listed | $2,295,000 | MLS #29097260 |
| Jul 6, 2007 | Sold | $2,400,000 | Public Record |
| Jun 10, 2007 | Listed | $2,295,000 | MLS #27101763 |
| Jun 20, 2003 | Sold | $1,250,000 | Public Record |
| Aug 27, 1991 | Sold | $810,000 | Public Record |
| Dec 2, 1986 | Sold | $103,000 | Public Record |
| Jun 15, 1984 | Sold | $103,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $2,241,000 | $2,238,000 | $4,479,000 | $26,528 |
| 2024 | $2,016,000 | $2,035,000 | $4,051,000 | $26,196 |
| 2023 | $2,096,000 | $2,160,000 | $4,256,000 | $26,104 |
| 2022 | $1,256,000 | $1,778,000 | $3,034,000 | $22,343 |
| 2021 | $985,000 | $1,694,000 | $2,679,000 | $21,445 |
| 2020 | $985,000 | $1,694,000 | $2,679,000 | $19,980 |
| 2019 | $864,000 | $1,665,000 | $2,529,000 | $18,608 |
| 2018 | $843,000 | $1,633,000 | $2,476,000 | $19,383 |
| 2017 | $757,000 | $1,477,000 | $2,234,000 | $16,923 |
| 2016 | $728,000 | $1,351,000 | $2,079,000 | $15,741 |
| 2015 | $660,000 | $1,223,000 | $1,883,000 | $15,170 |
| 2014 | $603,000 | $1,131,000 | $1,734,000 | $14,564 |
| 2013 | $681,000 | $913,000 | $1,594,000 | $13,886 |
| 2012 | $628,000 | $842,000 | $1,470,000 | $13,168 |
| 2011 | $592,000 | $928,000 | $1,520,000 | $13,043 |
| 2010 | $592,000 | $928,000 | $1,520,000 | $11,875 |
| 2009 | $733,000 | $1,150,000 | $1,883,000 | $12,979 |
| 2007 | $649,000 | $823,000 | $1,472,000 | $10,327 |
Property facts
Year built
1987
Property type
single_family
Stories
—
Beds
4
Baths
5
Living area
5,199 sqft
Lot size
34,632 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.52974, -122.23163
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$24,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 8182 Mercer Way last sell?
8182 Mercer Way most recently sold on Aug 5, 2022 for $4,000,000.
What is the current tax assessment for 8182 Mercer Way?
The most recent total assessment for 8182 Mercer Way (year 2025) is $4,479,000 with $26,528 in property tax.
How does 8182 Mercer Way's assessment compare to its last sale price?
The current assessment is 12.0% above the last sale price of $4,000,000.
When was 8182 Mercer Way built?
8182 Mercer Way was built in 1987.
How does 8182 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 8182 Mercer Way?
8182 Mercer Way is a 4 bed, 5 bath, 5,199 sqft, 34,632 sqft lot single_family.
Is 8182 Mercer Way a flip candidate?
No — 8182 Mercer Way does not appear in our flips dataset.
Is 8182 Mercer Way a tax-appeal candidate?
No — 8182 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