This mid-century classic daylight rambler has peek-a boo lake views! Set in Mercer Island's desirable First Hill neighborhood on the north end, it's just minutes away from the town center and I-90 access to Seattle or Bellevue. Bring your creativity to this spacious layout with newer dual pane vinyl windows, a huge rec room, newer composite deck and original hardwoods. OR build your two story dream home on the sunny, west facing lot and enjoy gorgeous lake views from from the second floor. You'll love the serene, tree-lined street with easy walkability to nearby amenities. Stroll downtown for the summer farmer's market, or walk to First Hill Park for an afternoon outing! Top-rated Mercer Island schools make this a smart investment!
Sold
Listed by: Windermere Mercer Island • Donna Cowles
Bought with: COMPASS
$1,575,000
3427 72nd Place SE, Mercer Island, WA 98040
4beds
2,500sqft
Single Family Residence
Built in 1955
7,501 Square Feet Lot
$1,520,200 Zestimate®
$630/sqft
$5,346 Estimated rent
Home value
$1,520,200
$1.40M - $1.66M
$5,346/mo
Zestimate® history
Owner options
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$5,346/mo
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$5,346/mo
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$9,688/mo
Est. payment
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$9,688/mo
Est. payment
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Zillow last checked:
Listing updated:
Offers reviewed: May 12
Listed by:
Donna Cowles,
Windermere Mercer Island
Bought with:
Baharak Jamaleddin, 109625
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2367583
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Dining room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, 90%+ High Efficiency, Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater Location: Basement
Features
- Ceiling Fan(s), Dining Room
- Flooring: Hardwood, Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Basement: Daylight
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Garage
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace
- Has view: Yes
- View description: Lake, Partial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 7,501 Square Feet
- Features: Value In Land, Cable TV, Deck, Fenced-Partially, Gas Available, Outbuildings
- Residential vegetation: Garden Space
Details
- Parcel number: 1300301391
- 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
- Brick
- Roof: Composition
Condition
- Year built: 1955
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City
- Water: Public, Company: City
Community & HOA
Community
- Subdivision: First Hill
HOA
- HOA phone: 206-947-1737
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $630/sqft
- Tax assessed value: $1,274,000
- Annual tax amount: $9,593
- Offers reviewed: 05/12/2025
- Date on market: 9/22/2025
- Cumulative days on market: 303 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2025 | Listing removed | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2025 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2025 | Sold | $1,575,000+5%$630/sqft |
Source:  NWMLS as distributed by MLS GRID #2367583 Report a problem | ||
| 5/13/2025 | Pending sale | $1,500,000$600/sqft |
Source: NWMLS as distributed by MLS GRID #2367583 Report a problem | ||
| 5/6/2025 | Listed for sale | $1,500,000$600/sqft |
Source: NWMLS as distributed by MLS GRID #2367583 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,316 -13.3% | $1,274,000 -12.9% |
| 2024 | $9,593 +1.3% | $1,463,000 +6.5% |
| 2023 | $9,472 +0.3% | $1,374,000 -10.6% |
| 2022 | $9,439 +11.4% | $1,537,000 +33.8% |
| 2021 | $8,473 +4.1% | $1,149,000 +13.2% |
| 2020 | $8,136 -2.3% | $1,015,000 -3.6% |
| 2019 | $8,329 +7.4% | $1,053,000 +2.1% |
| 2018 | $7,757 -4.1% | $1,031,000 +10.7% |
| 2017 | $8,085 +32.1% | $931,000 +11.1% |
| 2016 | $6,123 | $838,000 +10.4% |
| 2015 | $6,123 | $759,000 +8.6% |
| 2014 | $6,123 | $699,000 +25.5% |
| 2013 | $6,123 | $557,000 +8.4% |
| 2012 | -- | $514,000 +1.2% |
| 2011 | -- | $508,000 -7.5% |
| 2010 | -- | $549,000 |
| 2009 | -- | $549,000 +1.1% |
| 2007 | -- | $543,000 +7.7% |
| 2006 | -- | $504,000 +9.8% |
| 2005 | -- | $459,000 +37.8% |
| 2001 | $3,187 +6.2% | $333,000 +17.3% |
| 2000 | $3,001 | $284,000 |
Find assessor info on the county website
Neighborhood: 98040
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Nearby schools
GreatSchools rating
- 9/10West Mercer Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 3 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: West Mercer Elem
- Middle: Islander Mid
- High: Mercer Isl High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,520,200
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Estimated market value
$1,520,200
- Washington
- King County
- Mercer Island
- 98040
- 3427 72nd Place SE
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