Listed by Coldwell Banker Bain, Bought with RSVP Real Estate
NOT LISTED FOR SALE

2500 81st Ave SE Unit C327 Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $402,598 - $561,000

2 Beds
1 Bath
965 Sq Ft
2.67 Acres

Last Sold October 10, 2018

Last sale price $358,000 $371 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,685/month

18 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Ceramic Tile Flooring
  • Northwood Elementary School Rated A

About This Home

As of October 2018

Mid-Century Marvelous! Walls of windows, bright open floor plan, original fireplace, and a supersized deck you can entertain on. Upgrades include gleaming floors and bathroom remodel. Your parking spot is just outside the front door, but why drive when the Park n Ride is so close? Imagine the future light rail and all the downtown restaurants, shopping, parks and bike trails just outside your front door. Invest or move in, no rental cap. Don't let this one pass you by!

Last Agent to Sell the Property

Patricia Temkin

Coldwell Banker Bain License #18898 Listed on: 09/10/2018

Coldwell Banker Bain

Last Buyer's Agent

Joanne Ho

RSVP Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1357479

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1960

Lot Details

  • 2.67

Parking

  • Uncovered Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco
  • Wood Composite

Interior Spaces

  • 4-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 5451500950

Community Details

Overview

  • Mercer Island Community

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,251

Year Built

Built in 1960

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric
  • 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
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Basement
  • Storage Number: 99
  • Estimated Sq Ft: 965

Exterior Features

  • Exterior: Brick, Stucco, Wood Products
  • Roof: Flat

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 93

Utilities

  • Heating And Cooling: Radiant
  • Water Heater: electric

Condo/Co-op/Association

  • Numberof Units In Complex: 89
  • HOA Fees: 486
  • Community Name: Mercer Island
  • Project: Mercer Isle
  • Cats And Dogs: No Dogs Or Cats
  • Manager Contact Information: Suhrco (206) 579-5073
  • Association Contact: Richard (425) 455-0900
  • Common Property Features: Elevator, Laundry Room, Lobby Entrance
  • Home Owner Dues Included: Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio

Schools

  • School District: MIS

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 5451500950

Tax Info

  • Tax Amount: 2510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 5, 2018
Sold by
Ma Leon Liang and Ma Crystal
Bought by
Cheung Clara Sik Yee and Ho Clara Sik Yee
Seller's Agent
Patricia Temkin
Coldwell Banker Bain
Buyer's Agent
Joanne Ho
RSVP Real Estate
List Price
$369,000
Sold Price
$358,000
Premium/Discount to List
-$11,000
-2.98%
Current Estimated Value
$477,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,150
Avg. Annual Appreciation
4.15%

Purchase Details

Closed on
Jun 21, 2012
Sold by
Ma Leon and Ma Crystal
Bought by
Ma Leon Liang and Ma Crystal

Purchase Details

Closed on
May 12, 1997
Sold by
Locke Sheldon D and Locke Jean A
Bought by
Ma Leon and Ma Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,100
Interest Rate
8.15%
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
Cheung Clara Sik Yee $358,000 First American Title
Ma Leon Liang -- None Available
Ma Leon $83,905 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ma Leon $67,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2018 10/10/18 Sold $358,000 -3.0% $371 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $369,000 0.0% $382 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $369,000 -- $382 / 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 $2,251 $341,000 $106,500 $234,500
2023 $2,489 $421,000 $106,500 $314,500
2022 $2,917 $403,000 $106,500 $296,500
2021 $2,889 $394,000 $106,500 $287,500
2020 $2,945 $359,000 $106,500 $252,500
2018 $2,510 $357,000 $106,500 $250,500
2017 $1,997 $288,000 $106,500 $181,500
2016 $1,859 $244,000 $106,500 $137,500
2015 $1,892 $221,000 $106,500 $114,500
2014 -- $215,000 $103,800 $111,200
2013 -- $157,000 $103,800 $53,200
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patricia Temkin

    Coldwell Banker Bain

    Section Image

  • J

    Buyer's Agent in 2018

    Joanne Ho

    RSVP Real Estate

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1357479

Northwest Multiple Listing Service (NWMLS)

APN: 545150-0950

Washington King County Mercer Island 98040 North Mercer

2500 81st Ave SE Unit C327, Mercer Island, WA

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Based on information submitted to the MLS GRID

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