Investors/builders Alert! Unlock the potential of this rehab project or redevelop it with your own vision! The home was previously used as two rental units. Upstairs: 2x1.75 Downstairs: 1x1 W/ bonus room. Located just minutes from the freeway and future light rail station. Walk to stores and restaurants. Lots of potential here!
Sold
Listed by: Engel & Voelkers North Tacoma • Jonathan Allen
Bought with: Engel & Voelkers North Tacoma
$1,050,000
2273 74th Avenue SE, Mercer Island, WA 98040
3beds
1,990sqft
Single Family Residence
Built in 1951
7,910 Square Feet Lot
$1,581,200 Zestimate®
$528/sqft
$4,994 Estimated rent
Home value
$1,581,200
$1.44M - $1.76M
$4,994/mo
Zestimate® history
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$4,994/mo
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$6,448/mo
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Zillow last checked:
Listing updated:
Listed by:
Jonathan Allen,
Engel & Voelkers North Tacoma
Bought with:
Jonathan Allen, 21007783
Engel & Voelkers North Tacoma
Source: NWMLS as distributed by MLS GRID,MLS#: 2154635
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom full
- Level: Lower
Den office
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Lower
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Electric
Cooling
- None
Appliances
- Included: Dishwasher_, Microwave_, StoveRange_, Washer, Dishwasher, Microwave, StoveRange, Water Heater: Electric, Water Heater Location: Shop & Downstairs
Features
- Dining Room
- Flooring: Ceramic Tile, Concrete, Vinyl, Vinyl Plank, Carpet
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Electric, Gas, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,990
- Total interior livable area: 1,990 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Driveway, Off Street
- Has carport: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceramic Tile, Concrete, Wall to Wall Carpet, Second Kitchen, Dining Room, Fireplace, Water Heater
Lot
- Size: 7,910 Square Feet
- Features: Corner Lot, Curbs, Paved, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio, Shop
- Topography: Level,PartialSlope
- Residential vegetation: Garden Space
Details
- Parcel number: 5315100281
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Fixer
- Year built: 1951
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Mercer Island
- Water: Private, Company: City of Mercer Island
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Mercer Island
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $528/sqft
- Tax assessed value: $1,769,000
- Annual tax amount: $7,839
- Date on market: 11/10/2023
- Cumulative days on market: 984 days
- Listing terms: Conventional,Rehab Loan
- Inclusions: Dishwasher, Microwave, StoveRange, Washer
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2026 | Listing removed | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2025 | Listed for rent | $2,600-25.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2025 | Listing removed | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2025 | Price change | $3,500-7.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/20/2025 | Listed for rent | $3,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/14/2023 | Sold | $1,050,000$528/sqft |
Source:  NWMLS as distributed by MLS GRID #2154635 Report a problem | ||
| 9/25/2023 | Pending sale | $1,050,000$528/sqft |
Source: NWMLS as distributed by MLS GRID #2154635 Report a problem | ||
| 9/22/2023 | Listed for sale | $1,050,000$528/sqft |
Source: NWMLS as distributed by MLS GRID #2154635 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,539 +47.6% | $1,769,000 +48.4% |
| 2024 | $7,820 -0.6% | $1,192,000 +4.5% |
| 2023 | $7,869 +0.4% | $1,141,000 -10.6% |
| 2022 | $7,839 +11.4% | $1,276,000 +33.8% |
| 2021 | $7,038 -0.3% | $954,000 +8.4% |
| 2020 | $7,056 +12.3% | $880,000 +10.8% |
| 2019 | $6,284 +7.3% | $794,000 +2.1% |
| 2018 | $5,857 -4% | $778,000 +10.8% |
| 2017 | $6,100 +27.5% | $702,000 +7.3% |
| 2016 | $4,785 | $654,000 +10.3% |
| 2015 | $4,785 | $593,000 +8.6% |
| 2014 | $4,785 | $546,000 -2.7% |
| 2013 | $4,785 | $561,000 +8.3% |
| 2012 | -- | $518,000 +1.2% |
| 2011 | -- | $512,000 -7.4% |
| 2010 | -- | $553,000 |
| 2009 | -- | $553,000 +26.5% |
| 2007 | -- | $437,000 |
| 2006 | -- | $437,000 |
| 2005 | -- | $437,000 +24.1% |
| 2001 | $3,368 +6.3% | $352,000 +17.3% |
| 2000 | $3,170 | $300,000 |
Find assessor info on the county website
Neighborhood: 98040
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Nearby schools
GreatSchools rating
- 9/10Northwood Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 3.7 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$1,581,200
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Estimated market value
$1,581,200
- Washington
- King County
- Mercer Island
- 98040
- 2273 74th Avenue SE
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