NOT LISTED FOR SALE

2500 81st Ave SE Unit 127 Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $435,000 - $575,000

2 Beds
1 Bath
965 Sq Ft
$505/Sq Ft Est. Value

About This Home

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Robinson Marilyn H
Bought by
Franco Marco Antonio and Ungurs Duane O
Current Estimated Value
$487,019

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:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
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 -- --

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

Map

Washington King County Mercer Island 98040 North Mercer

2500 81st Ave SE Unit 127, Mercer Island, WA

This home is located at 2500 81st Ave SE Unit 127, Mercer Island, WA 98040 and is currently estimated at $487,019, approximately $504 per square foot. 2500 81st Ave SE Unit 127 is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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