NOT LISTED FOR SALE

2500 81st Ave SE Unit A106 Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $351,000 - $496,000

1 Bed
1 Bath
715 Sq Ft
2.67 Acres

Last Sold March 22, 2021

Last sale price $345,000 $483 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,370/month

59 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Wall to Wall Carpet
  • Northwood Elementary School Rated A
  • Wood Siding

About This Home

As of March 2021

Home Sweet Condo or Investor Holding...Grab your coffee & work from Home with the sun streaming in through walls of windows & watch the neighborhood begin their day. Or, jump in your car, on the bus or future light rail & be at work in Seattle or Eastside in Minutes! Open Plan living in this generous, sparkling, renovated, 1 bedroom - 1 bath that is move in ready! Enjoy the Mercer Island Lifestyle in this convenient North End location near Luthur Burbank park, trails, water front public beach, city center amenities & the Mercer Island Community Center. Condo Living that supports the Option for Owner Occupied or Rental Income. Large Party room w/separate entry for all your entertaining needs. Guests will love this location & you will too!

Last Agent to Sell the Property

Joshua Thurman

Realogics Sotheby's Int'l Rlty License #78616 Listed on: 12/16/2020

Realogics Sotheby's Int'l Rlty

Co-Listed By

Barbara Bro

Realogics Sotheby's Int'l Rlty License #48670

Last Buyer's Agent

Lin Lin

RSVP Brokers ERA License #74172

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1697540

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1960

Lot Details

  • 2.67

Parking

  • Uncovered Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Listing and Financial Details

  • Assessor Parcel Number 5451500060

Community Details

Overview

  • Downtown Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,845

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Senior Exemption: Y
  • Unit Floor Number: 106
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Basement
  • Storage Number: 28
  • Estimated Sq Ft: 715
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Brick, Stucco, Wood
  • Roof: Flat, Torch Down

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 45

Utilities

  • Heating And Cooling: Radiant
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units In Complex: 88
  • HOA Fees: 420
  • Community Name: Downtown
  • Project: Mercer Isle
  • Cats And Dogs: No Dogs Or Cats, Subj To Restrictions
  • Manager Contact Information: Shelly Murry (206) 641-9631
  • Association Contact: Emerald Management Consulting
  • Common Property Features: Elevator, Game/Rec Rm, Laundry Room
  • Home Owner Dues Included: Garbage, Water/Sewer

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 5451500060

Tax Info

  • Tax Amount: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Mar 20, 2021
Sold by
Hughes Peter J and Estate Of Dorothy A Hughes
Bought by
Lin Min
Seller's Agent
Joshua Thurman
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Lin Lin
RSVP Brokers ERA
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%
Current Estimated Value
$407,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,455
Avg. Annual Appreciation
5.91%
Original Mortgage
$258,750
Outstanding Balance
$235,092
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$210,378

Purchase Details

Listed on
Dec 16, 2020
Closed on
Feb 19, 2021
Sold by
Dai Xudong and Lin Min
Bought by
Lin Min
Seller's Agent
Joshua Thurman
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Lin Lin
RSVP Brokers ERA
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Outstanding Balance
$235,092
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$210,378

Purchase Details

Closed on
Jun 24, 1998
Sold by
Conrad Joseph H and Conrad Patricia A
Bought by
Conway Timothy Hugh and Conway Tracy Schmidt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
7.17%

Purchase Details

Closed on
May 27, 1988
Sold by
S&M Enterprises
Bought by
Hughes Dorothy A
Source: Public Records

Range of Values:

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Average Value
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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
Lin Min $345,000 Stewart Title
Lin Min -- Stewart Title
Conway Timothy Hugh $82,000 Transnation Title Insurance
Hughes Dorothy A $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Min $258,750
Previous Owner Conway Timothy Hugh $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $345,000 -3.9% $483 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $359,000 -- $502 / 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 $1,845 $279,000 $78,100 $200,900
2023 $2,139 $356,000 $78,100 $277,900
2022 $2,247 $346,000 $78,100 $267,900
2021 $17 $303,000 $78,100 $224,900
2020 $17 $58,100 $20,200 $37,900
2018 $13 $58,100 $20,200 $37,900
2017 $13 $215,000 $78,100 $136,900
2016 $13 $184,000 $78,100 $105,900
2015 $13 $175,000 $78,100 $96,900
2014 -- $165,000 $76,100 $88,900
2013 -- $122,000 $76,100 $45,900
Source: Public Records

Agents Affiliated with this Home

  • Joshua Thurman

    Seller's Agent in 2021

    Joshua Thurman

    Reaologics Sothebys International Realty

    (206) 321-3129

    1 in this area

    32 Total Sales

    Joshua Thurman
    Section Image
  • Barbara Bro

    Seller Co-Listing Agent in 2021

    Barbara Bro

    Reaologics Sothebys International Realty

    (206) 459-8411

    1 in this area

    50 Total Sales

    Barbara Bro
    Section Image
  • Lin Lin

    Buyer's Agent in 2021

    Lin Lin

    Steven M Kloetsch

    (425) 753-1065

    1 in this area

    111 Total Sales

    Lin Lin
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1697540

Northwest Multiple Listing Service (NWMLS)

APN: 545150-0060

Washington King County Mercer Island 98040 North Mercer

2500 81st Ave SE Unit A106, Mercer Island, WA

This home is located at 2500 81st Ave SE Unit A106, Mercer Island, WA 98040 since 16 December 2020 and is currently estimated at $407,455, approximately $569 per square foot. This property was built in 1960. 2500 81st Ave SE Unit A106 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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