Seattle · Home sale
7226 N Mercer Way in Mercer Island sells for $6 million
A single-family home at 7226 N Mercer Way, Mercer Island sold for $6,000,000 on August 26, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $6,000,000
- Sold
- August 26, 2026
- Property type
- Single-family home
- Lot size
- 13,549 sq ft
A home at 7226 N Mercer Way in Mercer Island sold for $6,000,000 on August 26, 2026, a price 23% below its assessed market value of $7,784,000, according to the King County Department of Assessments' sales records.
An aerial photo shows the parcel sits directly on a lake, with a dock, surrounded by other houses.
The Assessor's records show a 13,549-square-foot lot. Listing data shows 3 bedrooms and 4 bathrooms.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $149,075 for the state real estate excise tax (graduated) and $30,000 for the local real estate excise tax (0.50%). With a 5% commission, the seller's estimated net is $5,472,224 before any mortgage payoff. A buyer putting 20% down would need about $1,264,822 at closing.
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Source: King County Department of Assessments, real property sales, document 3393252. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
