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Off market
  • Tax assessed value
    $10,754,000

    7240 N Mercer Way, Mercer Island, WA 98040

    3beds
    2baths
    0.32Acres
    VacantLand
    Built in 1956
    0.32 Acres Lot
    $-- Zestimate®
    $3,621/sqft
    $4,043 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,043/mo

    Zestimate® history
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    Owner options

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    $4,043/mo

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    Rent Zestimate®

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    $64,633/mo

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    $64,633/mo

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    What's special

    Rare street-to-water property! 80 feet of prime Lake Washington waterfront on the north end of Island w/ glorious views North & East, including Cascade Mtns., Bellevue skyline, & the picturesque meandering shorelines of Medina, Bellevue & North End of Mercer Is. Just 10 min to Seattle w/ easy freeway access! EXTREMELY LARGE covered moorage. Ample parking. Outstanding spacious home ripe for remodeling opportunity. 2 lots ideal for investment/development. 2ndtax# - 531510-0046

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Forced air
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,970 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 5315100045

    Community & neighborhood

    Location
    • Region: Mercer Island

    Price history

    DateEventPrice
    2/22/2011Sold$3,000,000-16.6%$1,010/sqft
    Source: NWMLS as distributed by MLS GRID #111148 Report a problem
    8/21/2010Listing removed$3,595,000$1,210/sqft
    Source: Ewing and Clark - Our Distinctive Home Shop #111151 Report a problem
    8/3/2010Price change$3,595,000-5.3%$1,210/sqft
    Source: Ewing and Clark - Our Distinctive Home Shop #111151 Report a problem
    4/9/2010Price change$3,795,000-5%$1,278/sqft
    Source: Ewing and Clark - Our Distinctive Home Shop #111151 Report a problem
    10/21/2009Listed for sale$3,995,000$1,345/sqft
    Source: Ewing and Clark - Our Distinctive Home Shop #111151 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$70,040 +3.7%$10,754,000 +4.2%
    2024$67,551 +52.1%$10,320,000 +60%
    2023$44,400 -6.2%$6,451,000 -16.4%
    2022$47,335 +30.4%$7,720,000 +56.6%
    2021$36,288 -5.7%$4,929,000 +2.5%
    2020$38,467 +9.5%$4,807,000 +8.1%
    2019$35,127 +7.2%$4,448,000 +2%
    2018$32,764 -10%$4,361,000 +3.9%
    2017$36,396 +27.9%$4,196,000 +7.5%
    2016$28,465 $3,904,000 +10.4%
    2015$28,465 $3,536,000 +8.6%
    2014$28,465 $3,255,000 +28.3%
    2013$28,465 $2,538,000 +8.5%
    2012-- $2,340,000 -4.8%
    2011-- $2,458,000 -26.5%
    2010-- $3,342,000
    2009-- $3,342,000 +22.6%
    2007-- $2,727,000 +19.6%
    2006-- $2,281,000 +9.8%
    2005-- $2,077,000 +2.8%
    2001$19,302 +169.4%$2,020,000 +100.4%
    2000$7,165 $1,008,000

    Find assessor info on the county website

    Neighborhood: 98040

    Nearby schools

    GreatSchools rating