NOT LISTED FOR SALE

2500 81st Ave SE Unit C331 Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $598,000 - $995,000

3 Beds
1 Bath
1,720 Sq Ft
2.67 Acres

Last Sold November 15, 2021

Last sale price $553,000 $322 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,359/month

59 Days on Market

Highlights

  • Lake View
  • Northwood Elementary School Rated A
  • Ceramic Tile Flooring

About This Home

As of November 2021

Expansive 3 bedroom plus den unit in desirable downtown Mercer Island location. This open and flowing floor plan includes large living room with a wall of windows facing Lake Washington to bring in natural light. Den/office, and primary bedroom with en suite bath. Enjoy the summer months on huge entertaining deck. Storage space, covered parking, and meeting room for large gatherings. Across the street from the park-n-ride, just steps from shopping, dining, beach and parks. Easy commute to Seattle or Eastside. Excellent Mercer Island school district. Move-in ready!

Last Agent to Sell the Property

Julia Buckley

Redfin License #20123566 Listed on: 08/13/2021

Redfin

Last Buyer's Agent

Ruby Manuel

Redfin License #108625

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1821380

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,487

Year Built

  • Built in 1960

Lot Details

  • 2.67

Parking

  • Carport

Property Views

  • Lake
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 3-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 5451500990

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

$3,487

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1720

Exterior Features

  • Exterior: Brick, Stucco
  • Roof: Flat
  • View: Lake, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 18

Utilities

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

Condo/Co-op/Association

  • Numberof Units In Complex: 89
  • HOA Fees: 821
  • Community Name: Downtown
  • Project: MERCER ISLE CONDOMINIUMS
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Shelley Murray (206) 641-9631
  • Association Contact: Shelley Murray (206) 641-9631
  • Common Property Features: Cable Tv, Club House, Elevator, Game/Rec Rm, High Speed Int Avail, Laundry Room, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Snow Removal, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Master Bath

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 5451500990

Tax Info

  • Tax Amount: 4382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 1, 2021
Sold by
Kaul Akshat and Dabir Poorva
Bought by
Park Jasmine Joy San Agustin
Seller's Agent
Julia Buckley
Redfin
Buyer's Agent
Ruby Manuel
Redfin
List Price
$598,000
Sold Price
$553,000
Premium/Discount to List
-$45,000
-7.53%
Current Estimated Value
$736,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,445
Avg. Annual Appreciation
4.25%
Original Mortgage
$442,000
Outstanding Balance
$409,346
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$236,356

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 29, 2021
Sold by
Park Jea
Bought by
Park Jasmine Joy San Agustin
Seller's Agent
Julia Buckley
Redfin
Buyer's Agent
Ruby Manuel
Redfin
List Price
$598,000
Sold Price
$553,000
Premium/Discount to List
-$45,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$409,346
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$236,356

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 5, 2018
Sold by
Stinson Lane Rebecca A
Bought by
Kaul Akshat and Dabir Poorva
Seller's Agent
Tim Church
Windermere Real Estate/East
Buyer's Agent
ShopProp Realty
ShopProp Inc.
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Original Mortgage
$405,000
Interest Rate
4.43%

Purchase Details

Closed on
Oct 1, 1996
Sold by
Mozaffarian Gholam Ali and Mozaffarian Zoreh
Bought by
Stinson Lane Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,150
Interest Rate
8.1%

Purchase Details

Closed on
Mar 20, 1992
Sold by
Mozafarian Jaleh
Bought by
Mozaffarian Gholam and Mozaffarian Zohreh
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
Park Jasmine Joy San Agustin $553,000 First American Title
Park Jasmine Joy San Agustin -- First American Title
Kaul Akshat $540,000 Cw Title
Stinson Lane Rebecca A $122,500 Transnation Title Insurance
Mozaffarian Gholam $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jasmine Joy San Agustin $442,000
Previous Owner Kaul Akshat $405,000
Previous Owner Stinson Lane Rebecca A $110,900
Previous Owner Stinson Lane Rebecca A $110,000
Previous Owner Stinson Lane Rebecca A $119,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $553,000 -1.1% $322 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/09/2021 10/09/21 Price Changed $559,000 -1.8% $325 / Sq Ft
09/17/2021 09/17/21 Price Changed $569,000 -1.0% $331 / Sq Ft
09/02/2021 09/02/21 Price Changed $574,900 -2.2% $334 / Sq Ft
08/27/2021 08/27/21 Price Changed $588,000 -1.7% $342 / Sq Ft
08/13/2021 08/13/21 For Sale $598,000 +10.7% $348 / Sq Ft
04/11/2018 04/11/18 Sold $540,000 +2.9% $314 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $525,000 -- $305 / 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 $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
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julia Buckley

    Redfin

    Section Image

  • R

    Buyer's Agent in 2021

    Ruby Manuel

    Redfin

    Section Image
  • Tim Church

    Seller's Agent in 2018

    Tim Church

    Windermere Corporate

    (425) 766-7373

    37 Total Sales

    Section Image
  • ShopProp Realty

    Buyer's Agent in 2018

    ShopProp Realty

    ShopProp Inc.

    (888) 821-0556

    1,104 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1821380

Northwest Multiple Listing Service (NWMLS)

APN: 545150-0990

Washington King County Mercer Island 98040 North Mercer

2500 81st Ave SE Unit C331, Mercer Island, WA

This home is located at 2500 81st Ave SE Unit C331, Mercer Island, WA 98040 since 13 August 2021 and is currently estimated at $736,445, approximately $428 per square foot. This property was built in 1960. 2500 81st Ave SE Unit C331 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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