NOT LISTED FOR SALE

2500 81st Ave SE Unit C332 Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $425,000 - $544,000

2 Beds
1 Bath
965 Sq Ft
2.67 Acres

Last Sold March 03, 2021

Last sale price $399,995 $415 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,776/month

2 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • Wood Siding
  • Northwood Elementary School Rated A
  • 1 Fireplace
  • Wall to Wall Carpet

About This Home

As of March 2021

Dream location on Mercer Island! This two bedroom, one bathroom condo has a wall of windows to enjoy territorial and partial lake WA views. There's an open floor plan, original wood burning fireplace and a large deck so you can enjoy your morning coffee. This location is perfect for nearby restaurants, parks and the 2023 Light Rail Stations and it's adjacent to the Park and Ride and the bus stops to Seattle and Bellevue. Mercer Island schools, Community Center, and Farmers Market, too. And, no rental cap too!

Last Agent to Sell the Property

Leslie Lucas

Coldwell Banker Bain License #18245 Listed on: 01/29/2021

Coldwell Banker Bain

Last Buyer's Agent

Mei-Jui Lin

Urban Pacific Real Estate License #38165

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1723001

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

Property Views

  • Lake
  • Territorial
  • Limited

Home Design

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

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Listing and Financial Details

  • Assessor Parcel Number 5451501000

Community Details

Overview

  • 89 Units
  • 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
  • Unit Floor Number: 2
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate Tile, Wall To Wall Carpet
  • 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
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 965
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Brick, Stucco, Wood
  • Roof: Flat, Torch Down
  • View: Lake, Partial, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 112

Utilities

  • Heating And Cooling: Radiant

Condo/Co-op/Association

  • Numberof Units in Building: 89
  • HOA Fees: 611
  • Community Name: Mercer Island
  • Project: Mercer Isle Condominium
  • Cats And Dogs: No Dogs Or Cats
  • Manager Contact Information: Shelley Murray (206) 915-8672
  • Association Contact: Emerald Management (206) 641-9631
  • Common Property Features: Elevator, Game/Rec Rm, Laundry Room, Lobby Entrance
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 116373
  • Parcel Number: 5451501000

Tax Info

  • Tax Amount: 2945

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 22, 2021
Sold by
Wintermeyer Charles A and Wintermeyer Nazlihan
Bought by
Chen Nick M and Chen Lora B
Seller's Agent
Leslie Lucas
Coldwell Banker Bain
Buyer's Agent
Mei-Jui Lin
Urban Pacific Real Estate
List Price
$399,995
Sold Price
$399,995
Current Estimated Value
$468,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,634
Avg. Annual Appreciation
3.83%
Original Mortgage
$299,950
Outstanding Balance
$271,921
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$200,446

Purchase Details

Closed on
Sep 17, 1996
Sold by
Quenneville Teresa M and Lizotte Suzette M Quenneville
Bought by
Wintermeyer Charles A and Wintermeyer Nazlihan
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
Chen Nick M $399,995 Rainier Title
Wintermeyer Charles A $80,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Nick M $299,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $399,995 0.0% $415 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $399,995 -- $415 / 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

  • Leslie Lucas

    Seller's Agent in 2021

    Leslie Lucas

    Coldwell Banker Bain

    (206) 501-7473

    1 in this area

    23 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Mei-Jui Lin

    Urban Pacific Real Estate

    (206) 236-9989

    1 in this area

    5 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1723001

Northwest Multiple Listing Service (NWMLS)

APN: 545150-1000

Washington King County Mercer Island 98040 North Mercer

2500 81st Ave SE Unit C332, Mercer Island, WA

This home is located at 2500 81st Ave SE Unit C332, Mercer Island, WA 98040 since 29 January 2021 and is currently estimated at $464,669, approximately $481 per square foot. This property was built in 1960. 2500 81st Ave SE Unit C332 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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