Listed by John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $425,000 - $594,000

2 Beds
1 Bath
965 Sq Ft
$606/mo HOA Fee

Last Sold March 26, 2020

Last sale price $389,950 $404 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,499/month

9 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Property is near public transit
  • Northwood Elementary School Rated A
  • Lake View
  • 1 Fireplace

About This Home

As of March 2020

Welcome to 2500 81st Ave SE Apt 127! This charming condominium offers modern living in a convenient location. With 2 bedrooms and 1 bathroom, this home provides 965 sq ft of comfortable living space perfect for individuals or couples seeking a stylish urban retreat.

Key Features:
Bedrooms: 2
Bathrooms: 1
Square Footage: 965 sq ft
Parking: Carport space #64, guest parking available, and street parking (permit required)
Appliances: Refrigerator, oven, stove, and dishwasher included
Pets: No pets allowed
Outdoor Space: Balcony
Utilities: Tenant resp0nsible for electricity and internet
Additional Features: Great light, big windows, outdoor patio, radiant heating, shared indoor space, and storage unit in the basement

Location and Neighborhood: Located in Mercer Island, this home is close to parks, shopping centers, restaurants, and public transit. Enjoy the quiet area with a high walk score and the convenience of being near highways and downtown.

Don't miss out on this exceptional home! Contact us today to schedule a viewing and experience the charm of this property for yourself!

Lease Terms and Application:
Lease Terms: 12 months, available for move-in now
Platform Fee: $45 per adult (non-refundable)
Security Deposit: Equal to 1x the monthly rent based upon approved credit
Qualifications: Renters should have a minimum credit score of 650 or above and a gross income, from any and all eligible sources of income, of at least 3x the monthly rent
Lease Start: Preference will be given to applicants with the earliest start date
Please view our statement of Rental Policy for further details

Last Agent to Sell the Property

Mark Anderson

John L. Scott, Inc. License #23198 Listed on: 03/06/2020

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1574293

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,726

Year Built

  • Built in 1960

HOA Fees

  • $606 Monthly HOA Fees

Property Views

  • Lake
  • City
  • Territorial
  • Limited

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 965 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Open Parking

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Open Space

Listing and Financial Details

  • Assessor Parcel Number 5451500270

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, water/sewer
  • 88 Units
  • Mercer Isle Condos
  • Downtown Subdivision
  • Park Phone (206) 641-9631 | Manager Emerald Management

Amenities

  • Laundry Facilities
  • Elevator
  • Lobby

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,726

Year Built

Built in 1960

Lot Details

0

HOA Fees

$606 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1960
  • Inclusions: Dishwasher,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Mercer Isle
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 965
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 5
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Top Floor,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 34

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Cooking-Electric, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • StorageNo: 127
  • AppliancesIncluded: Dishwasher,Range/Oven,Refrigerator
  • StorageLocation: basement
  • WindowCoverings: none

Exterior Features

  • Roof: Flat
  • View: City, Lake, Partial, See Remarks, Territorial
  • Lot Features: Corner Lot, Curbs, Open Space, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Stucco, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 550, numerous

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 64

Utilities

  • Security: Security Gate
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterLocation: closet
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Laundry Room, Lobby Entrance, See Remarks
  • Park Manager Name: Emerald Management
  • Park Manager Phone: 206-641-9631
  • Association Fee: 606
  • Association Fee Frequency: Monthly
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,High Speed Int Avail,Laundry Room,Lobby Entrance,Security Gate,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Water/Sewer

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 5451500270
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: public records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2726

Multi Family

  • Number Of Units In Community: 88

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Mar 20, 2020
Sold by
Robinson Marilyn H
Bought by
Franco Marco Antonio and Ungurs Duane O
Seller's Agent
Mark Anderson
John L. Scott, Inc.
List Price
$389,950
Sold Price
$389,950
Current Estimated Value
$488,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,914
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
May 27, 2016
Sold by
Pauline S Ushigusa
Bought by
Young-Sung Choi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.64%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Franco Marco Antonio $389,950 Rainier Title
Young-Sung Choi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young-Sung Choi $126,000
Previous Owner Young-Sung Choi --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2024 11/09/24 Off Market $2,200 -- --
10/29/2024 10/29/24 Price Changed $2,200 -8.3% $2 / Sq Ft
10/11/2024 10/11/24 For Rent $2,400 0.0% --
03/26/2020 03/26/20 Sold $389,950 0.0% $404 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $389,950 -- $404 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,310 $350,000 $112,600 $237,400
2023 $2,519 $425,000 $112,600 $312,400
2022 $2,990 $408,000 $112,600 $295,400
2021 $2,921 $404,000 $112,600 $291,400
2020 $2,977 $70,700 $29,200 $41,500
2018 $2,527 $361,000 $112,600 $248,400
2017 $2,005 $290,000 $112,600 $177,400
2016 $1,884 $245,000 $112,600 $132,400
2015 $1,918 $224,000 $112,600 $111,400
2014 -- $218,000 $109,700 $108,300
2013 -- $160,000 $109,700 $50,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1574293

Northwest Multiple Listing Service (NWMLS)

APN: 545150-0270