Listed by John L. Scott Des Moines, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

2500 81st Ave SE Unit C314 Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $388,000 - $454,284

2 Beds
1 Bath
965 Sq Ft
2.67 Acres

Last Sold February 28, 2019

Last sale price $389,000 $403 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,464/month

6 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Wood Siding
  • Northwood Elementary School Rated A

About This Home

As of February 2019

Recently updated and ready for immediate occupancy. Spacious 2Br/1Ba features bright open layout with private deck leads to fenced backyard/garden area, and a small gate provides convenient access to assigned parking directly across from your condo. Notable highlights include; spacious storage unit, no rental cap & coveted schools. Wonderful location with close proximity to current bus transit and future light rail station, restaurants, shopping & recreational pursuits Mercer Island has to offer

Last Agent to Sell the Property

Paul Lau

John L. Scott Des Moines License #71801 Listed on: 01/25/2019

John L. Scott Des Moines

Last Buyer's Agent

Tim Lenihan

Windermere Real Estate Midtown License #27969

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1404230

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1960

Lot Details

  • 2.67

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 4-Story Property
  • 1 Fireplace
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Listing and Financial Details

  • Assessor Parcel Number 5451500820

Community Details

Overview

  • North End Community

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,316

Year Built

Built in 1960

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: Laminate
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Basement
  • Storage Number: #314
  • Estimated Sq Ft: 965

Exterior Features

  • Exterior: Wood
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street
  • Parking Space Number: 314

Utilities

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

Condo/Co-op/Association

  • Numberof Units In Complex: 89
  • HOA Fees: 520
  • Community Name: North End
  • Project: Mercer Isle
  • Cats And Dogs: No Dogs Or Cats
  • Association Contact: Trisha Reglin (425) 460-3144
  • Common Property Features: Cable Tv, Elevator, High Speed Int Avail
  • Home Owner Dues Included: Cable Tv, Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Insulated Windows, Yard

Schools

  • Elementary School: Northwood Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 5451500820

Tax Info

  • Tax Amount: 2649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Aloian Alina
Bought by
Ocallahan Family Trust and Ocallahan
Current Estimated Value
$411,213

Purchase Details

Listed on
Jan 25, 2019
Closed on
Feb 25, 2019
Sold by
Cal Zhen Yong and Eng Amy M
Bought by
Aloian Alina
Seller's Agent
Paul Lau
John L. Scott Des Moines
Buyer's Agent
Tim Lenihan
Windermere Real Estate Midtown
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.04%
Original Mortgage
$291,750
Interest Rate
4.4%

Purchase Details

Closed on
Apr 26, 2013
Sold by
Bai Zhenglong and Tong Xiaoqian
Bought by
Cai Zhen Yong and Eng Amy M

Purchase Details

Closed on
Nov 7, 2011
Sold by
Bai Ziming and Zheng Zhihong
Bought by
Bai Zhenglong

Purchase Details

Closed on
Jan 6, 2011
Sold by
Kim Emilio
Bought by
Bai Ziming and Zheng Zhihong

Purchase Details

Closed on
Mar 23, 2004
Sold by
Shin Hyun J and Shin Sung Hee
Bought by
Kim Emilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
4.5%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Sitashima Stan and Maehara Gary A
Bought by
Shin Sung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.5%

Purchase Details

Closed on
Feb 15, 2002
Sold by
Shin Hyun Jong
Bought by
Shin Sung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.5%

Purchase Details

Closed on
May 11, 1995
Sold by
Barbee Lillian
Bought by
Kitashima Stan S and Maehara Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
8.47%
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
Ocallahan Family Trust $375,000 Stewart Title
Aloian Alina $389,000 First American Title
Cai Zhen Yong $180,000 Ticor Title
Bai Zhenglong -- None Available
Bai Ziming $171,250 Old Republic T
Kim Emilio $154,000 Chicago Title
Shin Sung Hee $147,000 Old Republic Title Ltd
Shin Sung Hee -- Old Republic Title Ltd
Kitashima Stan S $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aloian Alina $291,750
Previous Owner Bei Zhenglong $104,000
Previous Owner Kim Emilio $272,000
Previous Owner Kim Emilio $50,000
Previous Owner Kim Emilio $123,200
Previous Owner Shin Sung Hee $117,600
Previous Owner Kitashima Stan S $63,200
Closed Shin Sung Hee $14,700
Closed Kim Emilio $15,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $389,000 0.0% $403 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $389,000 -- $403 / 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 $2,316 $351,000 $104,500 $246,500
2023 $3,039 $439,000 $104,500 $334,500
2022 $2,990 $420,000 $104,500 $315,500
2021 $3,049 $404,000 $104,500 $299,500
2020 $3,135 $379,000 $104,500 $274,500
2018 $2,649 $370,000 $104,500 $265,500
2017 $2,111 $304,000 $104,500 $199,500
2016 $1,900 $258,000 $104,500 $153,500
2015 $1,848 $226,000 $104,500 $121,500
2014 -- $210,000 $101,800 $108,200
2013 -- $153,000 $101,800 $51,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Lau

    Seller's Agent in 2019

    Paul Lau

    John L. Scott Des Moines

    (206) 852-5288

    1 in this area

    172 Total Sales

    Section Image
  • Tim Lenihan

    Buyer's Agent in 2019

    Tim Lenihan

    Windermere Corporate

    (206) 280-5859

    230 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1404230

Northwest Multiple Listing Service (NWMLS)

APN: 545150-0820

Washington King County Mercer Island 98040 North Mercer

2500 81st Ave SE Unit C314, Mercer Island, WA

This home is located at 2500 81st Ave SE Unit C314, Mercer Island, WA 98040 since 25 January 2019 and is currently estimated at $412,321, approximately $427 per square foot. This property was built in 1960. 2500 81st Ave SE Unit C314 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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