Listed by Regency Realties LLC, Bought with RE/MAX Town Center
NOT LISTED FOR SALE

2500 81st Ave SE Unit C345 Mercer Island, WA 98040

North Mercer Neighborhood

Estimated Value: $412,161 - $561,000

2 Beds
1 Bath
965 Sq Ft
$501/Sq Ft Est. Value

Last Sold April 19, 2017

Last sale price $370,000 $383 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,724/month

86 Days on Market

About This Home

As of April 2017

Great location on Mercer Island! This remodeled and well maintained top floor unit is nearly 1000 sqft with 2 brd and 1 full bath. It offers spacious kitchen, living room with huge windows, dining area, fireplace, large deck and assigned packing. Convenient living, right next to the park & ride and easy access to I-90, I405 and I-5, minute to Seattle or Bellevue. Walking distance to downtown, dinning, shopping, beach parks. Mercer Island school district.

Last Agent to Sell the Property

Zhen Yang

Regency Realties LLC License #105727 Listed on: 12/16/2016

Last Buyer's Agent

Kaisi Wang

RE/MAX Town Center

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1060609

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1960

Lot Details

  • 2.67

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 3-Story Property
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 5451501130

Community Details

Overview

  • 56 Units
  • Mercer Island Community

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,310

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Townhouse
  • Unit Floor Number: 3
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Laminate, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: 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
  • Fireplace Type: Wood
  • Estimated Sq Ft: 965

Exterior Features

  • Exterior: Brick, Wood Products
  • Roof: Composition, Torch Down

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units in Building: 56
  • Numberof Units In Complex: 89
  • HOA Fees: 439
  • Community Name: Mercer Island
  • Project: Mercer Isle
  • Cats And Dogs: No Dogs Or Cats
  • Association Contact: Suhrco Management Inc (425) 455-1950
  • Common Property Features: Club House
  • Home Owner Dues Included: Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, Disabled Access, Top Floor

Schools

  • School District: MIS

Lot Info

  • Parcel Number: 5451501130

Tax Info

  • Tax Amount: 1884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2020
Sold by
Wang Chengliang and Li Shusha
Bought by
Petrucci Andrew J
Current Estimated Value
$483,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Outstanding Balance
$257,110
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$226,430

Purchase Details

Listed on
Dec 16, 2016
Closed on
Apr 13, 2017
Sold by
Wang Qian M
Bought by
Wang Chengliang and Li Shusha
Seller's Agent
Zhen Yang
Regency Realties LLC
Buyer's Agent
Kaisi Wang
RE/MAX Town Center
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$260,000
Interest Rate
4.21%

Purchase Details

Closed on
Jun 17, 2010
Sold by
Bai Yun and Wang Lei
Bought by
Wang Qian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
4.79%

Purchase Details

Closed on
Nov 26, 2003
Sold by
Schott Gerardus J
Bought by
Bai Yun and Wang Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.04%

Purchase Details

Closed on
Nov 29, 2000
Sold by
Schott Hendrika A
Bought by
Schott Gerardus J

Purchase Details

Closed on
May 9, 1996
Sold by
Parker Chester H and Parker Ruby Todd
Bought by
Jacobsen Robert R and Jacobsen Sue Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.8%

Purchase Details

Closed on
Jan 8, 1992
Sold by
Johnson Sarah M
Bought by
Parker Chester H and Ruby Todd
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
Petrucci Andrew J $388,000 First American Title
Wang Chengliang $370,000 First American
Wang Qian M $202,000 The Talon Grou
Bai Yun $160,000 Transnation Ti
Schott Gerardus J -- Transnation Title Insurance
Schott Gerardus J $150,000 Transnation Title Insurance
Jacobsen Robert R $81,000 Chicago Title Insurance Co
Parker Chester H $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrucci Andrew J $291,000
Previous Owner Wang Chengliang $260,000
Previous Owner Wang Qian M $161,600
Previous Owner Bai Yun $128,000
Previous Owner Jacobsen Robert R $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2017 04/19/17 Sold $370,000 -1.3% $383 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $375,000 0.0% $389 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/30/2017 01/30/17 Price Changed $375,000 -1.1% $389 / Sq Ft
01/30/2017 01/30/17 Price Changed $379,000 -2.6% $393 / Sq Ft
12/16/2016 12/16/16 For Sale $389,000 -- $403 / 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

  • Z

    Seller's Agent in 2017

    Zhen Yang

    Regency Realties LLC

    Section Image

  • K

    Buyer's Agent in 2017

    Kaisi Wang

    RE/MAX Town Center

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1060609

Northwest Multiple Listing Service (NWMLS)

APN: 545150-1130

Washington King County Mercer Island 98040 North Mercer

2500 81st Ave SE Unit C345, Mercer Island, WA

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Based on information submitted to the MLS GRID

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