Google street view image for 500 Mercer St Unit R225, Seattle, WA 98109

Off market

$362,905

•

1 ba

•

653

sq ft

500 Mercer St Unit R225, Seattle, WA 98109

About this home

500 Mercer St Unit R225 is a 653 square foot condo with 1 bedroom and 1 bathroom. Based on Redfin's Seattle data, we estimate the home's value is $362,905.

CondoProperty Type

2007Year Built

$556Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$362,905

$9,000 since October

Recently sold homes
Estimate history

This home's estimate is 12.6% lower than the average sale price ($415K) of 6 comparable homes.

BOUGHT WITH REDFIN JUN 4, 2026
$294,000
A
1 bed1 bath645 sq ft
621 5th Ave N #103, Seattle, WA 98109
Listing provided by nwmls
SOLD JUN 12, 2026
$340,000
B
1 bed1 bath668 sq ft
611 Highland Dr #101, Seattle, WA 98109
Listing provided by nwmls
SOLD JUN 5, 2026
$390,000
C
1 bed1 bath808 sq ft
501 Roy St Unit T308, Seattle, WA 98109
Listing provided by nwmls
SOLD APR 10, 2026
$337,000
D
1 bed1 bath633 sq ft
621 5th Ave N #403, Seattle, WA 98109
Listing provided by nwmls
SOLD SEP 16, 2026
$750,000
E
1 bed1 bath677 sq ft
2510 6th Ave #3902, Seattle, WA 98121
Listing provided by nwmls
SOLD JUN 23, 2026
$380,000
F
1 bed1 bath669 sq ft
2720 3rd Ave #705, Seattle, WA 98121
Listing provided by nwmls

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Earn from this home

Sell

$336,000

Est. take-home

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Rent

$2,334/mo

Redfin rental estimate

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Market trends in Queen Anne, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.5%

+0.1% MoM

Median sale price

$1.1M

$22K MoM

Avg. days on market

18d

3 days MoM

Recently sold homes

102

13 MoM

New listings for sale

$799,000
2 beds2 baths1,242 sq ft
2115 Westlake Ave N #402, Seattle, WA 98109
Neema Desai • Realogics Sotheby's Int'l Rlty
3D WALKTHROUGH
$1,220,000
3 beds2 baths1,977 sq ft
907 Warren Ave N #203, Seattle, WA 98109
Alessandro Albi • Windermere RE/Capitol Hill,Inc
$1,195,100
4 beds2.5 baths3,040 sq ft
16 Florentia St, Seattle, WA 98109
Yang Song • MY REALTY GROUP LLC
LISTED BY REDFIN
$279,000
1 bed1 bath571 sq ft
124 Warren Ave N #102, Seattle, WA 98109
Redfin
$449,900
1 bed1 bath787 sq ft
655 W Crockett St Unit A202, Seattle, WA 98109
Brian Side • Upside Properties
$735,000
3 beds2 baths1,716 sq ft
610 Wheeler St #404, Seattle, WA 98109
Ben Stigler • Windermere RE Greenwood
VIDEO TOUR
$560,000
2 beds2 baths1,070 sq ft
555 Prospect St #1, Seattle, WA 98109
Jeff Strand • RE/MAX Whatcom County, Inc.
$350,000
1 bed1 bath597 sq ft
18 Dravus St #308, Seattle, WA 98109
Neda Perrina • Realogics Sotheby's Int'l Rlty
VIDEO TOUR
$2,195,000
4 beds3.5 baths3,590 sq ft
431 Smith St, Seattle, WA 98109
Doreen Alhadeff • Windermere Real Estate Midtown
$400,000
1 bed1 bath725 sq ft
655 Crockett St Unit A303, Seattle, WA 98109
Nick Southard • Upgrade Realty
See all

Provided by Redfin

Sale history for 500 Mercer St Unit R225

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2026

$4,691 (+6.6%)

$135,100 + $321,900

$457,000

2025

$4,398 (−5.2%)

$135,100 + $321,900

$457,000

2024

$4,640 (+24.1%)

$135,100 + $326,900

$462,000

2023

$3,738 (−5.3%)

$135,100 + $361,900

$497,000

2022

$3,949 (−2.9%)

$122,800 + $321,200

$444,000

2021

$4,066 (−6.0%)

$104,400 + $328,600

$433,000

2020

$4,328 (+8.3%)

$104,400 + $319,600

$424,000

2019

$3,995 (+7.2%)

$98,200 + $371,800

$470,000

2018

$3,727 (+25.8%)

$98,200 + $371,800

$470,000

2017

$2,962 (+17.6%)

$55,200 + $324,800

$380,000

2016

$2,518 (+23.5%)

$49,100 + $261,900

$311,000

2015

$2,039 (+8.2%)

$49,100 + $207,900

$257,000

2014

$1,884 (+5.8%)

$40,500 + $171,500

$212,000

2013

$1,781 (−22.0%)

$35,600 + $141,400

$177,000

2012

$2,283 (−3.8%)

$30,700 + $133,300

$164,000

2011

$2,374 (−17.8%)

$30,700 + $210,300

$241,000

2010

$2,889 (−0.4%)

$30,700 + $284,300

$315,000

2009

$2,902

$30,700 + $328,300

$359,000

Tax history for 500 Mercer St Unit R225

Year

Property tax

Land + Additions

Assessment*

2026

$4,691 (+6.6%)

$135,100 + $321,900

$457,000

2025

$4,398 (−5.2%)

$135,100 + $321,900

$457,000

2024

$4,640 (+24.1%)

$135,100 + $326,900

$462,000

2023

$3,738 (−5.3%)

$135,100 + $361,900

$497,000

2022

$3,949 (−2.9%)

$122,800 + $321,200

$444,000

2021

$4,066 (−6.0%)

$104,400 + $328,600

$433,000

2020

$4,328 (+8.3%)

$104,400 + $319,600

$424,000

2019

$3,995 (+7.2%)

$98,200 + $371,800

$470,000

2018

$3,727 (+25.8%)

$98,200 + $371,800

$470,000

2017

$2,962 (+17.6%)

$55,200 + $324,800

$380,000

2016

$2,518 (+23.5%)

$49,100 + $261,900

$311,000

2015

$2,039 (+8.2%)

$49,100 + $207,900

$257,000

2014

$1,884 (+5.8%)

$40,500 + $171,500

$212,000

2013

$1,781 (−22.0%)

$35,600 + $141,400

$177,000

2012

$2,283 (−3.8%)

$30,700 + $133,300

$164,000

2011

$2,374 (−17.8%)

$30,700 + $210,300

$241,000

2010

$2,889 (−0.4%)

$30,700 + $284,300

$315,000

2009

$2,902

$30,700 + $328,300

$359,000

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

Property details

Interior

Bathroom Information
# of Full Baths: 1

Fireplace Information
Has Fireplace

Exterior

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

View Information
View: Standard

Property Information
Subdivision Name: LUMEN CONDO
Living Sq. Ft: 653
# of Units: 95
# of Stories: 4
Legal Description: LUMEN CONDOMINIUM PCT UND INT 0.43 PLAT BLOCK: PLAT LOT:

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Basement Garage
Garage / Carport Type: Basement

Lot Information
# of Buildings: 1
Land Sq. Ft: 57,139
Municipality Name: SEATTLE
Acres: 1.3117
Zoning Code: NC340
County Use Description: CONDOMINIUM (MIXED USE)

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 653
Stories: 4.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2007
Year Renovated: 2007
County: King County
APN: 445872059008

Home facts updated by county records on Sep 5, 2026

Around this home

Schools

K - 12
Preschool & daycare

Hay Elementary School

Public K-5 • Assigned • 0.6mi

6/10

McClure Middle School

Public 6-8 • Assigned • 1.0mi

8/10

Lincoln High School

Public 9-12 • Assigned • 2.5mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Seattle is known for its iconic waterfront, vibrant neighborhoods, and amazing dining! I love Pike Place Market, Discovery Park, and Ballard's shops and restaurants. From Queen Anne's historic homes to Capitol Hill's modern condos, each neighborhood...
3 weeks ago • Seattle
Shauna Rumel
Redfin agent
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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 86° 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

11 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Seattle, WA • 98109

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 8.7 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$345,000 – $418,000

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