NOT LISTED FOR SALE

2500 81st Ave SE Unit C335 Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $427,000 - $535,000

2 Beds
1 Bath
965 Sq Ft
2.67 Acres

Last Sold June 21, 2021

Last sale price $382,000 $396 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,748/month

97 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • 1 Fireplace
  • Northwood Elementary School Rated A
  • Bamboo Flooring
  • Corner Lot

About This Home

As of June 2021

Incredible LOCATION! Luxuriously updated condo in SECURE Mercer Isle w/sunset & city VIEWS! Remodeled kitchen w/quartz countertops, cherry cabinets, SS appliances. LIGHTFILLED living rm w/wall of windows, COZY wood-burning FP & bamboo floors thruout. Remodeled bath. Over-sized, WESTFACING deck w/space for BBQ & outdoor furniture. Double-pane windows. Lg storage/1 parking. Elevator/stair access. Conveniently located across street from Park/Ride, walk to DT MI restaurants/shops/market & Luther Burbank Park. EZ commute to Bellevue/Seattle – 1 min to I90 MI exit. NO rental Cap.

Last Agent to Sell the Property

Marsha McMahon Jones

Redfin License #127671 Listed on: 02/09/2021

Redfin

Last Buyer's Agent

Debbie Constantine

John L. Scott, Inc. License #49934

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1726077

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,349

Year Built

  • Built in 1960

Lot Details

  • Open Space

Home Design

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

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Blinds
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Ceramic Tile

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 5451501030

Community Details

Overview

  • Mercer Island Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,349

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: Bamboo/Cork, Ceramic Tile
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • 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
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 95

Utilities

  • Heating And Cooling: Radiant
  • Water Heater: Electric

Condo/Co-op/Association

  • Numberof Units In Complex: 89
  • HOA Fees: 611
  • Community Name: Mercer Island
  • Project: Mercer Isle
  • Cats And Dogs: Subj To Restrictions
  • Common Property Features: Club House, Elevator, Game/Rec Rm, High Speed Int Avail, Laundry Room, Lobby Entrance, Trails
  • Home Owner Dues Included: Central Hot Water, Earthquake Ins., Garbage, Water/Sewer, Snow Removal, Concierge, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows

Schools

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

Lot Info

  • Lot Details: Corner Lot, Curbs, Open Space, Paved Street, Sidewalk, O
  • Parcel Number: 5451501030

Tax Info

  • Tax Amount: 3182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Jun 2, 2021
Sold by
Flynn Colin P
Bought by
Peng Chunhui
Seller's Agent
Marsha McMahon Jones
Redfin
Buyer's Agent
Debbie Constantine
John L. Scott, Inc.
List Price
$415,000
Sold Price
$382,000
Premium/Discount to List
-$33,000
-7.95%
Current Estimated Value
$462,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,022
Avg. Annual Appreciation
3.62%
Original Mortgage
$305,600
Outstanding Balance
$279,910
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$162,438

Purchase Details

Listed on
Mar 29, 2016
Closed on
May 12, 2016
Sold by
Eyre David and Eyre Susan
Bought by
Flynn Colin P
Seller's Agent
Renata Andrews
NW Experience Real Estate
Buyer's Agent
Jimmy Katsafanas
Kelly Right RE of Seattle LLC
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$299,250
Interest Rate
3.71%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Peng Chunhui $382,000 First American Title
Flynn Colin P $315,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Chunhui $305,600
Previous Owner Flynn Colin P $299,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $382,000 -3.3% $396 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $395,000 -1.1% $409 / Sq Ft
03/04/2021 03/04/21 Price Changed $399,500 -3.7% $414 / Sq Ft
02/09/2021 02/09/21 For Sale $415,000 +31.7% $430 / Sq Ft
05/16/2016 05/16/16 Sold $315,000 +1.6% $326 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $310,000 -- $321 / 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 $2,349 $356,000 $106,500 $249,500
2023 $2,636 $444,000 $106,500 $337,500
2022 $3,101 $427,000 $106,500 $320,500
2021 $3,097 $419,000 $106,500 $312,500
2020 $3,182 $385,000 $106,500 $278,500
2018 $2,666 $375,000 $106,500 $268,500
2017 $1,997 $306,000 $106,500 $199,500
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

  • M

    Seller's Agent in 2021

    Marsha McMahon Jones

    Redfin

    Section Image
  • Debbie Constantine

    Buyer's Agent in 2021

    Debbie Constantine

    John L Scott

    (206) 853-5262

    2 in this area

    44 Total Sales

    Section Image
  • Renata Andrews

    Seller's Agent in 2016

    Renata Andrews

    NW Experience Real Estate

    (206) 473-8848

    1 in this area

    24 Total Sales

    Section Image
  • Jimmy Katsafanas

    Buyer's Agent in 2016

    Jimmy Katsafanas

    Kelly Right RE of Seattle LLC

    (206) 234-1196

    60 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1726077

Northwest Multiple Listing Service (NWMLS)

APN: 545150-1030

Washington King County Mercer Island 98040 North Mercer

2500 81st Ave SE Unit C335, Mercer Island, WA

This home is located at 2500 81st Ave SE Unit C335, Mercer Island, WA 98040 since 09 February 2021 and is currently estimated at $462,022, approximately $478 per square foot. This property was built in 1960. 2500 81st Ave SE Unit C335 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

Nearby Homes