Sold11d on market
2965 74 Avenue SE
Mercer Island, WA, 98040 • 98040 • King County
$1,780,000
$1309/sqft
3Beds
2Baths
1,360Sqft
0.32 acLot
1953Built
Property DNA
First Hill
98040
Outdoor Living
Dbl Pane/Storm Window · Fireplace
1 Fireplace
Gas · Wood Burning · Main Level: 1 · Fireplace
Garage
Detached Garage
Ceramic Tile Floors
Quality flooring throughout
This home is getting attention
Listed 11 days ago · 76 views · 3 saves
Market activity
Demand and pricing signals for this listing
76 views
People checking out this listing
3 saves
Buyers have saved this home
11 days on market
Recently listed
$1,309/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 16% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1953
Opportunity knocks on nearly one-third acre of level grounds in Mercer Island’s desirable First Hill neighborhood. Love the existing mid-century rambler with period details such as a masonry fireplace, genuine hardwood floors, natural wood built-ins, and a detached garage with shop/bonus room...OR level it and build your dream home with pre-approved and permitted plans for a stunning 4,000+ square foot modern farmhouse! Either way, you’ll benefit from the serene setting and easy access to the Island’s vibrant downtown restaurants, shops, parks, farmer’s market, and more. Just minutes from Seattle or Bellevue via I-90. Top-rated schools and easy access to upcoming light rail make this a smart investment and an incredible place to call home.
Standout features identified
Our analysis highlights masonry fireplace, mid-century rambler, and genuine hardwood floors as key attractions of this home.
Estimated monthly payment
Based on current rates
$11,084/month
Principal & Interest$8,710
Property Tax$1,780
Insurance$593
Down payment20% ($356,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,424,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1953
HeatingFireplace, 90%+ High Efficiency, Forced Air, Natural Gas, Wood
CoolingForced Air
Parking2 Garage spaces
Lot0.32 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionGood
Year built1953
Stories1
Systems
HeatingFireplace, 90%+ High Efficiency, Forced Air, Natural Gas, Wood
CoolingForced Air
RoofTorch Down
ConstructionWood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingDetached Garage
BasementNone
Fireplaces1
Lot0.32 Acres
Location & Tax
Neighborhood98040
Annual tax$11,294
Parcel5315100756
Bathrooms & Fees
Full baths1
Features & details
11 categories of property features
Interior Features
Appliances
Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Washer
Dishwasher(s)
Dryer(s)
Garbage Disposal
Microwave(s)
Refrigerator(s)
Washer(s)
Water Heater Location: Bedroom Closet
Flooring
Ceramic Tile
Heating
Fireplace
90%+ High Efficiency
Forced Air
Natural Gas
Wood
Cooling
Forced Air
Fireplace
Gas
Wood Burning
Main Level: 1
Fireplace
Windows
Dbl Pane/Storm Window
Exterior Features
Parking
Detached Garage
Construction
Wood Siding
Patio & Porch
Dbl Pane/Storm Window
Fireplace
Lot Features
Dead End Street
Paved
Fenced-Partially
Gas Available
High Speed Internet
Patio
Shop
Utilities
Xfinity
Room details
9 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainBathroom Three Quarter
MainEntry Hall
MainListing insights
Market data and value estimates
StatusSold
Days on market11
Est. value$1,780,300
Est. rent$4,056/mo
Tax rate0.82%
Price/sqft$1309
On marketMar 10, 2026
PostedOct 14, 2025
Last sold$1,780,000
MLS statusSold
MLS updatedMar 30, 2026
Tour days6
Views76
Favorites3
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
6 events
DateEventPrice$/sqftSource
Mar 27, 2026Sold$1,780,000$1,309NWMLS as distributed by MLS GRID
Nov 3, 2025Pending Sale$1,780,000$1,309NWMLS as distributed by MLS GRID
Oct 14, 2025Listed For Sale$1,780,000$1,309NWMLS as distributed by MLS GRID
Sep 6, 2023Sold$1,650,000$1,213NWMLS as distributed by MLS GRID
Aug 20, 2023Pending Sale$1,650,000$1,213NWMLS as distributed by MLS GRID
Aug 10, 2023Listed For Sale$1,650,000$1,213NWMLS as distributed by MLS GRID
Sold$1,780,000
Mar 27, 2026•$1,309/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,780,000
Nov 3, 2025•$1,309/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,780,000
Oct 14, 2025•$1,309/sqft•NWMLS as distributed by MLS GRID
Sold$1,650,000
Sep 6, 2023•$1,213/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,650,000
Aug 20, 2023•$1,213/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,650,000
Aug 10, 2023•$1,213/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$11,294$1,723,000
Apr 8, 2023$11,151$1,618,000
Apr 8, 2022$11,112$1,810,000
Apr 8, 2021$9,974$1,353,000
Apr 8, 2020$9,576$1,195,000
Apr 8, 2019$8,068$1,020,000
Apr 8, 2018$7,517$999,000
Apr 8, 2017$7,834$902,000
Apr 8, 2016$5,939$812,000
Apr 8, 2015$5,939$736,000
Apr 8, 2014$5,939$678,000
Apr 8, 2013$5,939$623,000
Apr 8, 2012—$575,000
Apr 8, 2011—$568,000
Apr 8, 2010—$613,000
Apr 8, 2009—$613,000
Apr 8, 2007—$534,000
Apr 8, 2006—$495,000
Apr 8, 2005—$451,000
Apr 8, 2001$3,139$328,000
Apr 8, 2000$2,948$279,000
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 18:23:58 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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