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8531 Mercer Way

Mercer Island, WA 98040

4 bd 3 ba 2,570 sqft Built 1980 Lot 11,552 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 $823,000 $1,141,000 $1,964,000 $12,747
2024 $954,000 $991,000 $1,945,000 $12,588
2023 $992,000 $1,052,000 $2,044,000 $12,546
2022 $623,000 $866,000 $1,489,000 $10,974
2021 $490,000 $825,000 $1,315,000 $10,535
2020 $682,000 $535,000 $1,217,000 $9,623
2019 $667,000 $525,000 $1,192,000 $8,966
2018 $486,000 $475,000 $961,000 $8,345
2017 $430,000 $435,000 $865,000 $7,048
2016 $390,000 $394,000 $784,000 $6,561
2015 $357,000 $365,000 $722,000 $6,323
2014 $152,000 $354,000 $506,000 $4,628
2013 $140,000 $327,000 $467,000 $4,416
2012 $122,000 $361,000 $483,000 $4,191
2011 $126,000 $372,000 $498,000 $4,152
2009 $155,000 $462,000 $617,000 $4,260
2007 $381,000 $308,000 $689,000 $4,839

Property facts

Year built
1980
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,570 sqft
Lot size
11,552 sqft
ZIP code
98040
City
Mercer Island
Street
Mercer Way
Coordinates
47.52650, -122.22689

Comparable properties nearby

Frequently asked questions

When did 8531 Mercer Way last sell?
No public-record sale is on file for 8531 Mercer Way.
What is the current tax assessment for 8531 Mercer Way?
The most recent total assessment for 8531 Mercer Way (year 2025) is $1,964,000 with $12,747 in property tax.
When was 8531 Mercer Way built?
8531 Mercer Way was built in 1980.
How does 8531 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 8531 Mercer Way?
8531 Mercer Way is a 4 bed, 3 bath, 2,570 sqft, 11,552 sqft lot single_family.
Is 8531 Mercer Way a flip candidate?
No — 8531 Mercer Way does not appear in our flips dataset.
Is 8531 Mercer Way a tax-appeal candidate?
No — 8531 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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