Sold1012d on market
7373 Mercer Terrace Drive
Mercer Island, WA, 98040 • 98040 • King County
$2,575,000
$596/sqft
6Beds
4Baths
4,320Sqft
0.36 acLot
1968Built
Property DNA
Territorial Views
Territorial
Northwest Contemporary Style
Built 1968 · 58 years of history
South End
98040
Outdoor Living
Ceramic Tile · Hardwood · Second Kitchen · Bath Off Primary · Built-In Vacuum · Dining Room · French Doors · High Tech Cabling · Vaulted Ceiling(s) · Walk-In Closet(s) · Walk-In Pantry · Wired for Generator · Fireplace
2 Fireplaces
Gas · Wood Burning · Lower Level: 1 · Main Level: 1 · Fireplace
3-Car Garage
Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 1012 days ago · 4 views
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
1012 days on market
Established listing
$596/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 13% 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 1968
Nestled in a peaceful cul-de-sac, this updated, dramatic Fischer-built mid-century modern delights. Its walls of windows and soaring ceilings complement lush, natural scenery. Gather around the stone-framed fireplace or host parties in the adjacent dining area with French doors opening to an expansive deck. Remodeled in 2014, the kitchen is the heart of the home with three islands, a walk-in pantry, and built-in Wolf/Miele/SubZero appliances. A casual eating area and family room are just beyond. Six bedrooms, including serene primary suite + rec room provide ample flex space. Don’t miss guest apartment with its own kitchen & living area. Extras include a whole house generator, fenced pet area, 3-car garage. Near schools, parks & shopping!
Standout features identified
Our analysis highlights casual eating area, rec room, and walk-in pantry as key attractions of this home.
Estimated monthly payment
Based on current rates
$16,034/month
Principal & Interest$12,601
Property Tax$2,575
Insurance$858
Down payment20% ($515,000)
3%50%
Est. 6.19% rate · 30yr fixed · $2,060,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1968
HeatingFireplace, 90%+ High Efficiency, Forced Air, Radiant, Electric, Natural Gas, See Remarks
CoolingNone
Parking3 Attached Garage spaces
Lot0.36 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleNorthwest Contemporary
ConditionVery Good
Year built1968
Stories1
Systems
HeatingFireplace, 90%+ High Efficiency, Forced Air, Radiant, Electric, Natural Gas, See Remarks
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Mercer Island City / Sewer Connected, Company: Mercer Island City
Parking & Outdoor
ParkingAttached Garage
Garage3 spaces
BasementDaylight,Finished
Fireplaces2
Lot0.36 Acres
Location & Tax
Neighborhood98040
Annual tax$13,300
Parcel5453600260
Bathrooms & Fees
Full baths1
Features & details
12 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
High Tech Cabling
Appliances
Dishwasher_
Dryer
GarbageDisposal_
Microwave_
Refrigerator_
StoveRange_
Washer
Dishwasher
Garbage Disposal
Microwave
Refrigerator
StoveRange
Water Heater Location: lower level
Flooring
Ceramic Tile
Hardwood
Travertine
Heating
Fireplace
90%+ High Efficiency
Forced Air
Radiant
Electric
Natural Gas
See Remarks
Cooling
None
Fireplace
Gas
Wood Burning
Lower Level: 1
Main Level: 1
Fireplace
Exterior Features
Parking
Attached Garage
Construction
Wood Siding
Patio & Porch
Ceramic Tile
Hardwood
Second Kitchen
Bath Off Primary
Built-In Vacuum
Dining Room
French Doors
High Tech Cabling
Vaulted Ceiling(s)
Walk-In Closet(s)
Walk-In Pantry
Wired for Generator
Fireplace
Lot Features
Cul-De-Sac
Paved
Cable TV
Deck
Dog Run
Gas Available
High Speed Internet
Views
Territorial
Other Equipment
Wired for Generator
Room details
18 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBedroom
LowerBedroom
LowerBedroom
LowerListing insights
Market data and value estimates
StatusSold
Days on market1012
Est. value$2,911,400
Est. rent$7,353/mo
Tax rate0.82%
Price/sqft$596
On marketJun 9, 2023
PostedMay 10, 2023
Last sold$2,575,000
MLS statusSold
MLS updatedJun 29, 2023
Tour days6
Views4
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
6 events
DateEventPrice$/sqftSource
Jun 29, 2023Sold$2,575,000$596NWMLS as distributed by MLS GRID
May 31, 2023Pending Sale$2,685,000$622NWMLS as distributed by MLS GRID
May 10, 2023Listed For Sale$2,685,000$622NWMLS as distributed by MLS GRID
Aug 31, 2022Listing Removed——Zillow Rental Manager
Aug 22, 2022Listed For Rent$5,000$1Zillow Rental Manager
Sep 29, 2006Sold$1,031,637$239NWMLS as distributed by MLS GRID
Sold$2,575,000
Jun 29, 2023•$596/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,685,000
May 31, 2023•$622/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,685,000
May 10, 2023•$622/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Aug 31, 2022•Zillow Rental Manager
Listed For Rent$5,000
Aug 22, 2022•$1/sqft•Zillow Rental Manager
Sold$1,031,637
Sep 29, 2006•$239/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$15,567$2,376,000
Apr 7, 2023$15,375$2,232,000
Apr 7, 2022$15,207$2,478,000
Apr 7, 2021$13,300$1,805,000
Apr 7, 2020$12,767$1,594,000
Apr 7, 2019$12,141$1,536,000
Apr 7, 2018$11,309$1,504,000
Apr 7, 2017$11,779$1,357,000
Apr 7, 2016$8,902$1,222,000
Apr 7, 2015$8,902$1,107,000
Apr 7, 2014$8,902$1,017,000
Apr 7, 2013$8,902$848,000
Apr 7, 2012—$782,000
Apr 7, 2011—$772,000
Apr 7, 2010—$809,000
Apr 7, 2009—$809,000
Apr 7, 2007—$753,000
Apr 7, 2006—$698,000
Apr 7, 2005—$636,000
Apr 7, 2001$5,231$547,000
Apr 7, 2000$4,984$472,000
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 09:53:36 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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