Sold599d on market
4115 78th Avenue SE
Mercer Island, WA, 98040 • 98040 • King County
$1,275,000
0.23 acLot
Property DNA
Mercer Island
98040
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
599 days on market
Established listing
About this home
Lot
A rare find! Northend Mercer Island flat lot with western Lake Washington view potential. Build your dream house and be able to walk to the town center and enjoy filtered views and sunsets. Hard to find a more convenient vacant lot, a pristine palate for that special home. Bring your builder or architect to help visualize how your new home can be constructed on this mostly level site. A short walk to West Mercer Elementary School and downtown. Drive by or contact your agent today. This is what so many dream of and now it is available for the first time! Adjacent City owned property to the south for near additional privacy. Don't wait!
Standout features identified
Our analysis highlights filtered views and sunsets and mostly level site as key attractions of this home.
Estimated monthly payment
Based on current rates
$7,906/month
Principal & Interest$6,206
Property Tax$1,275
Insurance$425
Down payment20% ($255,000)
3%50%
Est. 6.14% rate · 30yr fixed · $1,020,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerIn Street / In Street
Parking & Outdoor
Lot9,931 sqft
Location & Tax
Neighborhood98040
Annual tax$6,776
Parcel3623500210
Features & details
3 categories of property features
Exterior Features
Lot Features
Corner Lot
Paved
Evergreens
Partially Cleared
Utilities
Natural Gas Available
Electricity Available
Gas
In Street
Listing insights
Market data and value estimates
StatusSold
Days on market599
Est. rent$3,327/mo
Tax rate0.82%
On marketMay 31, 2024
PostedApr 8, 2024
Last sold$1,275,000
MLS statusSold
MLS updatedAug 16, 2024
Tour days6
Views4
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
3 events
DateEventPrice$/sqftSource
Aug 15, 2024Sold$1,275,000—NWMLS as distributed by MLS GRID
Jun 25, 2024Pending Sale$1,525,000—NWMLS as distributed by MLS GRID
Apr 8, 2024Listed For Sale$1,525,000—John L Scott Real Estate
Sold$1,275,000
Aug 15, 2024•NWMLS as distributed by MLS GRID
Pending Sale$1,525,000
Jun 25, 2024•NWMLS as distributed by MLS GRID
Listed For Sale$1,525,000
Apr 8, 2024•John L Scott Real Estate
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2024$6,850$1,044,000
Apr 7, 2023$6,795$985,000
Apr 7, 2022$6,816$1,109,000
Apr 7, 2021$6,736$913,000
Apr 7, 2020$6,976$870,000
Apr 7, 2019$5,929$749,000
Apr 7, 2018$5,533$735,000
Apr 7, 2017$5,777$665,000
Apr 7, 2016$4,469$608,000
Apr 7, 2015$4,469$551,000
Apr 7, 2014$4,469$510,000
Apr 7, 2013$4,469$463,000
Apr 7, 2012—$427,000
Apr 7, 2011—$450,000
Apr 7, 2010—$472,000
Apr 7, 2009—$472,000
Apr 7, 2007—$377,000
Apr 7, 2006—$343,000
Apr 7, 2005—$315,000
Nearby homes
Neighborhood details
Local context around this listing
Mercer Island, WA • King County
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 10:08:44 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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