2500 81st Ave SE Unit A117 Mercer Island, WA 98040
North Mercer NeighborhoodEstimated payment $4,923/month
Highlights
- City View
- Property is near public transit
- Balcony
- Northwood Elementary School Rated A
- Elevator
- Bathroom on Main Level
About This Home
RARE find! 3 bed/2 bath fully remodeled MI Condo! Welcome cash investors ~ No Rental Cap! Light & bright unit lives large with 1720 SF with two large living rooms & split bedrooms featuring ensuite bath in Primary and electric blinds in all bedrooms. Across the unit is the second luxurious bathroom near the two additional bedrooms. Use all 3 as bedrooms or dedicate one as Home Office. Kitchen features SS appliances, and bespoke granite countertops. Washer/Dryer in unit. Enjoy sunsets on the 40-foot veranda beyond the wall of windows! Unit comes with dedicated off-street parking and is near shops, restaurants, and the beach. The park-n-ride and upcoming Light Rail are steps from your front door. Great School District. Don’t miss this gem!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2423070

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,487
Year Built
- Built in 1960
HOA Fees
- $1,275 Monthly HOA Fees
Property Views
- City
- Territorial
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Bitumen Roof
- Wood Siding
Interior Spaces
- 1,720 Sq Ft Home
- 3-Story Property
- Insulated Windows
Kitchen
- Electric Oven or Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathroom on Main Level
Laundry
- Electric Dryer
- Washer
Parking
- 1 Parking Space
- Off-Street Parking
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Radiant Heating System
- Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Balcony
- West Facing Home
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 545150017006
Community Details
Overview
- Association fees include common area maintenance, earthquake insurance, lawn service, road maintenance, sewer, snow removal, trash, water
- 89 Units
- Jessica Jones Association
- Secondary HOA Phone (206) 641-9631
- Mercer Isle Condominium Condos
- North End Subdivision
- Park Phone (206) 641-9631 | Manager Jessica Jones
Amenities
- Elevator
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,487 | $530,000 | $143,100 | $386,900 |
2023 | $3,733 | $646,000 | $143,100 | $502,900 |
2022 | $4,182 | $606,000 | $143,100 | $462,900 |
2021 | $4,304 | $566,000 | $143,100 | $422,900 |
2020 | $4,382 | $536,000 | $143,100 | $392,900 |
2018 | $3,923 | $551,000 | $143,100 | $407,900 |
2017 | $3,071 | $451,000 | $143,100 | $307,900 |
2016 | $2,886 | $376,000 | $143,100 | $232,900 |
2015 | $2,845 | $344,000 | $143,100 | $200,900 |
2014 | -- | $324,000 | $139,300 | $184,700 |
2013 | -- | $250,000 | $139,300 | $110,700 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/10/2025 09/10/25 | Pending | -- | -- | -- |
08/21/2025 08/21/25 | For Sale | $630,000 | +32.4% | $366 / Sq Ft |
03/27/2017 03/27/17 | Sold | $476,000 | -2.5% | $277 / Sq Ft |
02/12/2017 02/12/17 | Pending | -- | -- | -- |
02/03/2017 02/03/17 | Price Changed | $488,000 | -2.0% | $284 / Sq Ft |
01/19/2017 01/19/17 | For Sale | $498,000 | -- | $290 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $476,000 | Chicago Title | |
Warranty Deed | -- | Chicago Title | |
Warranty Deed | $215,000 | Transnation Ti | |
Warranty Deed | $220,000 | Chicago Title | |
Warranty Deed | $144,273 | -- | |
Warranty Deed | $189,000 | Old Republic Title Ltd |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $404,500 | New Conventional | |
Closed | $25,000 | Credit Line Revolving | |
Closed | $424,100 | No Value Available | |
Previous Owner | $238,100 | New Conventional | |
Previous Owner | $250,000 | Unknown | |
Previous Owner | $168,000 | No Value Available | |
Previous Owner | $150,000 | No Value Available | |
Previous Owner | $202,500 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2423070

APN: 545150-0170
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