Listed by Realogics Sotheby's Int'l Rlty, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

2500 81st Ave SE Unit C342 Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $413,000 - $561,000

2 Beds
1 Bath
1,000 Sq Ft
2.67 Acres

Last Sold January 31, 2018

Last sale price $390,000 $390 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,733/month

110 Days on Market

Highlights

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

About This Home

As of January 2018

Desirable & sunny northeast building of the Mercer Isle. Coveted Mid-century modern style, top floor unit! Quiet location overlooking serene courtyard w/partial lake view. Spacious / open concept living & dining areas w/walls of windows, wood-burning fireplace, skylight & covered veranda. This unit is freshly painted & carpeted w/updated kitchen & bath. Excellent downtown location close to shopping, parks, community center, park & ride & future light rail. Invest /No rental cap/or move right in!

Last Agent to Sell the Property

Joshua Thurman

Realogics Sotheby's Int'l Rlty License #78616 Listed on: 09/15/2017

Realogics Sotheby's Int'l Rlty

Co-Listed By

Barbara Bro

Realogics Sotheby's Int'l Rlty License #48670

Last Buyer's Agent

April Geneva

Windermere Real Estate Midtown License #2423

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1192029

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1960

Lot Details

  • 2.67

Property Views

  • Lake
  • Territorial

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 5451501100

Community Details

Overview

  • 56 Units
  • North End Community

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,310

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Microwave, Range/Oven
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: basement
  • Storage Number: 80
  • Estimated Sq Ft: 1000

Exterior Features

  • Exterior: Cement/Concrete, Wood
  • Roof: Flat
  • View: Lake, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 78

Utilities

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

Condo/Co-op/Association

  • Numberof Units in Building: 56
  • Numberof Units In Complex: 89
  • HOA Fees: 502
  • Community Name: North End
  • Project: Mercer Isle
  • Cats And Dogs: No Dogs Or Cats, Subj To Restrictions
  • Manager Contact Information: Richard - Shurco Mngmt (425) 455-1950
  • Common Property Features: Cable Tv, Club House, Disabled Access, Elevator, Fire Sprinklers, Laundry Room, Lobby Entrance, Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer, Snow Removal, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Disabled Access, Top Floor

Schools

  • School District: MIS

Lot Info

  • Lot Details: Paved Street
  • Parcel Number: 5451501100

Tax Info

  • Tax Amount: 2005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Jan 18, 2018
Sold by
Smith Laura S
Bought by
Belzer Kaleb and Lanham Belzer Amy J
Seller's Agent
Joshua Thurman
Realogics Sotheby's Int'l Rlty
Buyer's Agent
April Geneva
Windermere Real Estate Midtown
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%
Current Estimated Value
$485,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,325
Avg. Annual Appreciation
2.87%
Original Mortgage
$312,000
Outstanding Balance
$263,291
Interest Rate
3.94%
Estimated Equity
$222,034

Purchase Details

Closed on
Feb 25, 1998
Sold by
Holden Alistair D C and Holden Alistar D C
Bought by
Smith Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,575
Interest Rate
6.5%
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
Belzer Kaleb $390,000 Rainier Title Llc
Smith Laura S $98,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belzer Kaleb $312,000
Previous Owner Smith Laura S $93,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $390,000 +1.2% $390 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
11/18/2017 11/18/17 Price Changed $385,500 -0.9% $386 / Sq Ft
09/15/2017 09/15/17 For Sale $389,000 -- $389 / 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 $2,310 $350,000 $112,600 $237,400
2023 $2,519 $425,000 $112,600 $312,400
2022 $2,990 $408,000 $112,600 $295,400
2021 $2,921 $404,000 $112,600 $291,400
2020 $2,977 $363,000 $112,600 $250,400
2018 $2,527 $361,000 $112,600 $248,400
2017 $2,005 $290,000 $112,600 $177,400
2016 $1,884 $245,000 $112,600 $132,400
2015 $1,918 $224,000 $112,600 $111,400
2014 -- $218,000 $109,700 $108,300
2013 -- $160,000 $109,700 $50,300
Source: Public Records

Agents Affiliated with this Home

  • Joshua Thurman

    Seller's Agent in 2018

    Joshua Thurman

    Reaologics Sothebys International Realty

    (206) 321-3129

    1 in this area

    30 Total Sales

    Joshua Thurman
    Section Image
  • Barbara Bro

    Seller Co-Listing Agent in 2018

    Barbara Bro

    Reaologics Sothebys International Realty

    (206) 459-8411

    1 in this area

    47 Total Sales

    Barbara Bro
    Section Image
  • April Geneva

    Buyer's Agent in 2018

    April Geneva

    Windermere Corporate

    (206) 940-8080

    88 Total Sales

    April Geneva
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1192029

Northwest Multiple Listing Service (NWMLS)

APN: 545150-1100

Washington King County Mercer Island 98040 North Mercer

2500 81st Ave SE Unit C342, Mercer Island, WA

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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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