Google street view image for 3428 W Mercer Way, Mercer Island, WA 98040

Off market apr 1999 for $870K

$3,090,930

Est. refi paymentEst. refi $5,728/mo

•

3.5 ba

•

3,250

sq ft

3428 W Mercer Way, Mercer Island, WA 98040

About this home

3428 W Mercer Way is a 3,250 square foot house on a 0.43 acre lot with 4 bedrooms and 3.5 bathrooms. - it last sold on April 07, 1999 for $870,000. Based on Redfin's Mercer Island data, we estimate the home's value is $3,090,930.

Single-familyProperty Type

1996Year Built

0.43 acresLot Size

$951Est. Price/Sq.Ft.

2 car garageParking

Source:Public Records

Redfin Estimate

$3,090,930

$2.2M since sold in April 1999$105K since September

Recently sold homes
Estimate history

This home's estimate is 11.2% higher than the average sale price ($2.78M) of 6 comparable homes.

SOLD JUL 13, 2026
$2,043,049
A
4 beds3.5 baths3,120 sq ft
2958 72nd Ave SE, Mercer Island, WA 98040
Listing provided by nwmls
SOLD AUG 17, 2026
$3,600,000
B
4 beds3.5 baths4,404 sq ft
4140 W Mercer, Mercer Island, WA 98040
Listing provided by nwmls
SOLD OCT 13, 2026
$3,915,000
C
5 beds3.5 baths4,130 sq ft
3045 71st Ave SE, Mercer Island, WA 98040
Listing provided by nwmls
SOLD SEP 30, 2026
$2,825,000
D
4 beds3.5 baths3,728 sq ft
4520 89th Ave SE, Mercer Island, WA 98040
Listing provided by nwmls
SOLD MAR 30, 2026
$2,200,000
E
4 beds3 baths3,058 sq ft
8416 SE 36th St, Mercer Island, WA 98040
Listing provided by nwmls
SOLD OCT 8, 2026
$2,100,000
F
4 beds3 baths2,370 sq ft
3715 81st Ave SE, Mercer Island, WA 98040
Listing provided by nwmls

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Earn from this home

Sell

$2,776,244

Est. take-home

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Refinance

Est. cash available

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Rent

$7,499/mo

Redfin rental estimate

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Market trends in 98040, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.4%

0.9% MoM

Median sale price

$2.3M

$8K MoM

Avg. days on market

11d

4 days MoM

Recently sold homes

0 MoM

New listings for sale

OPEN WED, 11AM TO 1PM
$1,695,000
4 beds2.5 baths2,150 sq ft
6901 94th Ave SE, Mercer Island, WA 98040
Greg Rosenwald • COMPASS
OPEN WED, 11AM TO 1PM
$6,498,000
5 beds5 baths5,560 sq ft
9625 SE 71st St, Mercer Island, WA 98040
Kim Florence • John L. Scott, Inc.
$2,595,999
4 beds3 baths2,280 sq ft
1837 72nd Ave SE, Mercer Island, WA 98040
Travis Darby • COMPASS
$2,845,000
5 beds3.5 baths5,040 sq ft
4408 E Mercer Way, Mercer Island, WA 98040
Lori Scott • John L. Scott, Inc.
OPEN WED, 12:30PM TO 2:30PM
$2,250,000
3 beds2.5 baths2,385 sq ft
7775 Shore Ln, Mercer Island, WA 98040
Nadia Anderson • Realogics Sotheby's Int'l Rlty
$2,519,800
5 beds3 baths3,348 sq ft
7020 96th Ave SE, Mercer Island, WA 98040
Neema Desai • Realogics Sotheby's Int'l Rlty
OPEN SAT, 10AM TO 12PM
$1,698,000
3 beds3 baths1,880 sq ft
3476 77th Pl SE, Mercer Island, WA 98040
Tina Terada • Windermere Bellevue Commons
3D WALKTHROUGH
$1,498,000
3 beds2 baths1,640 sq ft
4127 93rd Ave SE, Mercer Island, WA 98040
Yang Xiao • Coldwell Banker Bain
3D WALKTHROUGH
$3,495,000
4 beds4.5 baths5,140 sq ft
4715 81st Ave SE, Mercer Island, WA 98040
Lori Scott • John L. Scott, Inc.
EARLY ACCESS
$1,675,000
2 beds1 bath1,603 sq ft
3925 90th Ave SE, Mercer Island, WA 98040
See all

Provided by Redfin

Sale history for 3428 W Mercer Way

Year

Property tax

Land + Additions

Assessment*

2026

$19,131 (+3.7%)

$1,872,000 + $1,063,000

$2,935,000

2025

$18,453 (+1.3%)

$1,872,000 + $1,063,000

$2,935,000

2024

$18,223 (+0.4%)

$1,702,000 + $1,115,000

$2,817,000

2023

$18,155 (+11.4%)

$1,606,000 + $1,040,000

$2,646,000

2022

$16,295 (+4.2%)

$1,807,000 + $1,152,000

$2,959,000

2021

$15,639 (+13.1%)

$1,488,000 + $724,000

$2,212,000

2020

$13,831 (+1.9%)

$1,418,000 + $535,000

$1,953,000

2019

$13,570 (−4.0%)

$947,000 + $858,000

$1,805,000

2018

$14,138 (+14.5%)

$947,000 + $858,000

$1,805,000

2017

$12,343 (+7.5%)

$857,000 + $772,000

$1,629,000

2016

$11,481 (+3.8%)

$784,000 + $732,000

$1,516,000

2015

$11,061 (+20.8%)

$710,000 + $663,000

$1,373,000

2014

$9,157 (+4.9%)

$657,000 + $607,000

$1,264,000

2013

$8,731 (+5.4%)

$627,000 + $375,000

$1,002,000

2012

$8,281 (+0.9%)

$578,000 + $346,000

$924,000

2011

$8,208 (+6.7%)

$637,000 + $319,000

$956,000

2010

$7,692 (−8.5%)

$656,000 + $328,000

$984,000

2009

$8,406

$813,000 + $406,000

$1,219,000

Tax history for 3428 W Mercer Way

Year

Property tax

Land + Additions

Assessment*

2026

$19,131 (+3.7%)

$1,872,000 + $1,063,000

$2,935,000

2025

$18,453 (+1.3%)

$1,872,000 + $1,063,000

$2,935,000

2024

$18,223 (+0.4%)

$1,702,000 + $1,115,000

$2,817,000

2023

$18,155 (+11.4%)

$1,606,000 + $1,040,000

$2,646,000

2022

$16,295 (+4.2%)

$1,807,000 + $1,152,000

$2,959,000

2021

$15,639 (+13.1%)

$1,488,000 + $724,000

$2,212,000

2020

$13,831 (+1.9%)

$1,418,000 + $535,000

$1,953,000

2019

$13,570 (−4.0%)

$947,000 + $858,000

$1,805,000

2018

$14,138 (+14.5%)

$947,000 + $858,000

$1,805,000

2017

$12,343 (+7.5%)

$857,000 + $772,000

$1,629,000

2016

$11,481 (+3.8%)

$784,000 + $732,000

$1,516,000

2015

$11,061 (+20.8%)

$710,000 + $663,000

$1,373,000

2014

$9,157 (+4.9%)

$657,000 + $607,000

$1,264,000

2013

$8,731 (+5.4%)

$627,000 + $375,000

$1,002,000

2012

$8,281 (+0.9%)

$578,000 + $346,000

$924,000

2011

$8,208 (+6.7%)

$637,000 + $319,000

$956,000

2010

$7,692 (−8.5%)

$656,000 + $328,000

$984,000

2009

$8,406

$813,000 + $406,000

$1,219,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-15

Single-Family Residential District

The purpose of the residential chapter is to identify land uses and to establish development standards that are appropriate within the residential zoning designations. The development standards provide a framework for a site to be developed consistent with the policy direction of the adopted Mercer Island Comprehensive Plan.

Zone overlays

SHORELINE

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Educational/school
Recreation
Park & open space

Property details

Interior

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
# of 3/4 Baths: 1

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Building Construction Quality: Good
Building Type: Single Family

View Information
View: City

Property Information
Subdivision Name: FORRESTS J T 1ST - E SEATTLE REP
Living Sq. Ft: 3,250
Ground Floor Sq. Ft: 1,370
Building Sq. Ft: 3,840
# of Stories: 2
Legal Description: FORRESTS J T 1ST-E SEATTLE REPLAT POR OF BLK 10 OF SD PLAT DAF - BEG AT NWLY COR OF SD BLK 10 & RNG TH SELY ALG TH SWLY LN THOF A DIST OF 172.14 FT TO THE TPOB TH CONT ALG SD SWLY LN 180.00 FT TH NELY AT R/A TO SWLY LN OF SD BLK "A" - A DIST OF 334.68 FT TO THE N LN OF SD BLK 10 TH W ALG SD N LN 248.32 FT TH SWLY ON A LN WCH IS AT R/A TO THE SWLY LN OF SD BLK 10 A DIST OF 163.61 FT TO TPOB LESS THAT POR LY WLY OF FOLG DESC LN - BEG AT NWLY COR OF SD BLK 10 & RNG TH SELY ALG THE SWLY LN THOF A DIST OF 172.14 FT TH CONT ALG SD SWLY LN 160.00 FT TO POB OF HEREIN DESC LN TH NELY AT R/A TO SWLY LN OF SD BLK 10 A DIST OF 143.24 FT TH N 33-23-07 W 76.39 FT TH N 24-11-35 W 67.29 FT TO THE N LN OF SD BLK & THE TERMINUS OF SD LN - AKA PARCEL B OF MER

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 590
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 18,708
Legal Lot Number: 10
Legal Block Number: 10
School Tax District: MERCER ISLAND #400
Municipality Name: MERCER ISLAND
Acres: 0.4295
Zoning Code: R15
County Use Description: SINGLE FAMILY(RES USE/ZONE)

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 3,250
Stories: 2.0
Lot Size: 0.43 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: —
County: King County
APN: 260270 0063

Home facts updated by county records on Sep 4, 2026

Around this home

Schools

West Mercer Elementary School

Public K-5 • Assigned • 1.0mi

9/10

Islander Middle School

Public 6-8 • Assigned • 3.1mi

9/10

Mercer Island High School

Public 9-12 • Assigned • 1.4mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Mercer Island sits in the middle of Lake Washington, minutes from both Seattle and Bellevue via I-90 and the new 2 Line station. It's known for its Lake Washington waterfront estates, a median price around $2.5M, thin inventory, and 77-acre Luther...
4 days ago • Mercer Island
Chase Costello
Redfin Premier agent
686 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Mercer Island, WA • 98040

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.94M – $3.56M

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Nearby similar homes

$2,845,000

5 beds3.5 baths5,040 sq ft

4408 E Mercer Way, Mercer Island, WA 98040

Spacious kitchen • Main-floor bedrooms • Primary suite

Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

OPEN SAT, 12PM TO 2PM3D WALKTHROUGH

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High end finishes • Central sound system • 9,315 sq ft lot

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NEW CONSTRUCTION

$2,600,000

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Oversized pantry • Abundant storage • Rec room

Listing provided by NWMLS as Distributed by MLS Grid

New listings for sale in 98040

OPEN WED, 11AM TO 1PM

$1,695,000

4 beds2.5 baths2,150 sq ft

6901 94th Ave SE, Mercer Island, WA 98040

0.27 acre lot • Garage • Built 1966

Listing provided by NWMLS as Distributed by MLS Grid

OPEN WED, 11AM TO 1PM3D WALKTHROUGH

$6,498,000

5 beds5 baths5,560 sq ft

9625 SE 71st St, Mercer Island, WA 98040

Low-bank waterfront • Oversized dock • Deep-water moorage

Listing provided by NWMLS as Distributed by MLS Grid

$2,595,999

4 beds3 baths2,280 sq ft

1837 72nd Ave SE, Mercer Island, WA 98040

Half-acre parcel • Mercer island • Town center

Listing provided by NWMLS as Distributed by MLS Grid

$2,845,000

5 beds3.5 baths5,040 sq ft

4408 E Mercer Way, Mercer Island, WA 98040

Spacious kitchen • Main-floor bedrooms • Primary suite

Listing provided by NWMLS as Distributed by MLS Grid

OPEN WED, 12:30PM TO 2:30PM3D WALKTHROUGH

$2,250,000

3 beds2.5 baths2,385 sq ft

7775 Shore Ln, Mercer Island, WA 98040

Remodeled kitchen • Spa inspired bath • Partial lake views

Listing provided by NWMLS as Distributed by MLS Grid

$2,519,800

5 beds3 baths3,348 sq ft

7020 96th Ave SE, Mercer Island, WA 98040

Panoramic views • Open-concept flow • Two-story entryway

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SAT, 10AM TO 12PM

$1,698,000

3 beds3 baths1,880 sq ft

3476 77th Pl SE, Mercer Island, WA 98040

One level living • Open layout • Private backyard

Listing provided by NWMLS as Distributed by MLS Grid

3D WALKTHROUGH

$1,498,000

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4127 93rd Ave SE, Mercer Island, WA 98040

Mid-century charm • Single-level living • Sun-drenched lot

Listing provided by NWMLS as Distributed by MLS Grid

3D WALKTHROUGH

$3,495,000

4 beds4.5 baths5,140 sq ft

4715 81st Ave SE, Mercer Island, WA 98040

West facing deck • East facing deck • Private view balcony

Listing provided by NWMLS as Distributed by MLS Grid

Home values near 3428 W Mercer Way

Data from public records.

Address	Redfin Estimate
3240 West Mercer Way, Mercer Island, WA 4 Beds \| 3.5 Baths \| 5147 Sq. Ft.	$2,851,546
3426 West Mercer Way, Mercer Island, WA 4 Beds \| 3 Baths \| 3400 Sq. Ft.	$2,964,431

Address	Redfin Estimate
3330 West Mercer Way, Mercer Island, WA 3 Beds \| 3 Baths \| 3220 Sq. Ft.	$2,836,642
3448 West Mercer Way, Mercer Island, WA 4 Beds \| 3.5 Baths \| 3160 Sq. Ft.	$3,121,235

Address	Redfin Estimate
3410 West Mercer Way, Mercer Island, WA 5 Beds \| 5.5 Baths \| 6140 Sq. Ft.	—
3446 West Mercer Way, Mercer Island, WA 6 Beds \| 3.5 Baths \| 6900 Sq. Ft.	$4,866,740

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98040, WA

Sale history for 3428 W Mercer Way

Tax history for 3428 W Mercer Way

Zoning

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98040

Home values near 3428 W Mercer Way

More real estate resources