Y
Seller's Agent in 2022
Yujing Sun
WeLakeside
(206) 819-6067
1 in this area
99 Total Sales
Listed by WeLakeside, Bought with Windermere Mercer Island
2500 81st Ave SE Unit C346 Mercer Island, WA 98040
North Mercer NeighborhoodEstimated Value: $610,000 - $995,000
3
Beds
2
Baths
1,720
Sq Ft
$879/mo
HOA Fee
Highlights
- Unit is on the top floor
- Lake View
- Property is near public transit
- Northwood Elementary School Rated A
- Contemporary Architecture
- Elevator
About This Home
As of June 2022Welcome to Mercer Island's iconic mid-century modern condo, the Mercer Isle. This renovated unit, conveniently located across from the Park & Ride & upcoming Light Rail station, Luther Burbank Park as well as Mercer Island Community & Event Center. This may be one of the most affordable 3 bedroom homes you could find in this school district! Renovated in 2019 with upgraded kitchen and bathrooms. Home features master bedroom and master bathroom with large windows that offer plenty of light and a glimpse of the lake. HOA does not allow pets. HOA covers water/sewer/garbage/lawn/common area maintenance & insurance/bike storage. HOA recently replaced the washer and dryer units in the laundry room. Island life awaits! Park @32,73,52,guest.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1929655
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,572
Year Built
- Built in 1960
Lot Details
- 2.67
HOA Fees
- $879 Monthly HOA Fees
Property Views
- Lake
- Limited
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Wood Siding
Interior Spaces
- 1,720 Sq Ft Home
- 3-Story Property
- Skylights
- Insulated Windows
Kitchen
- Electric Oven or Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Parking
- 1 Parking Space
- Off-Street Parking
Outdoor Features
- Balcony
- Patio
Location
- Unit is on the top floor
- Property is near public transit
Additional Features
- North Facing Home
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 5451501140
Community Details
Overview
- Association fees include common area maintenance, garbage, lawn service, sewer, water
- 88 Units
- Nichole Street Association
- Secondary HOA Phone (206) 641-9631
- Mercer Isle Condos
- Mercer Island Subdivision
- Park Phone (206) 641-9631 | Manager Nichole Street
Amenities
- Laundry Facilities
- Elevator
- Lobby
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Jun 17, 2022
Sold by
Menglin Cao
Bought by
Strickler Michelle M
Seller's Agent
Yujing Sun
WeLakeside
Buyer's Agent
Charlie Sirianni
Windermere Mercer Island
List Price
$589,000
Sold Price
$575,000
Premium/Discount to List
-$14,000
-2.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,473
Avg. Annual Appreciation
4.00%
Original Mortgage
$345,000
Outstanding Balance
$330,577
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$319,224
Purchase Details
Listed on
Feb 3, 2016
Closed on
Feb 9, 2016
Sold by
Wang Zhangyi and Cao Menglin
Bought by
Cao Menglin
Seller's Agent
Steve Burk
Engel & Voelkers Kirkland
Buyer's Agent
Angel Wang
Skyline Properties, Inc.
List Price
$508,000
Sold Price
$510,000
Premium/Discount to List
$2,000
0.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%
Purchase Details
Listed on
Feb 3, 2016
Closed on
Feb 8, 2016
Sold by
Postma Terry
Bought by
Cao Menglin
Seller's Agent
Steve Burk
Engel & Voelkers Kirkland
Buyer's Agent
Angel Wang
Skyline Properties, Inc.
List Price
$508,000
Sold Price
$510,000
Premium/Discount to List
$2,000
0.39%
Purchase Details
Listed on
Feb 24, 2012
Closed on
Apr 23, 2012
Sold by
Rabbani Nadir and Mazhar Batool
Bought by
Postma Terry
Seller's Agent
Allen Hovsepian
Windermere Mercer Island
Buyer's Agent
Steve Burk
Engel & Voelkers Kirkland
List Price
$290,000
Sold Price
$290,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.93%
Original Mortgage
$275,500
Interest Rate
3.9%
Purchase Details
Closed on
Apr 27, 2006
Sold by
Gulati Kesava Smriti Nidhi
Bought by
Rabbani Nadir and Mazhar Batool
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
6.29%
Purchase Details
Closed on
Oct 8, 2002
Sold by
Cary Ruth H
Bought by
Gulati Kesava Smriti Nidhi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,600
Interest Rate
6.17%
Purchase Details
Closed on
Jan 6, 2000
Sold by
Hawley Philip N and Hawley Lynn
Bought by
Cary Ruth H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.83%
Purchase Details
Closed on
Nov 11, 1997
Sold by
Hawley Philip N and Hawley Lynn
Bought by
Hawley Philip N and Hawley Lynn
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Strickler Michelle M | $575,000 | Old Republic Title | |
| Cao Menglin | -- | Chicago Title | |
| Cao Menglin | $510,000 | Chicago Title | |
| Postma Terry | $290,000 | Fidelity Natio | |
| Rabbani Nadir | $290,000 | Stewart Title | |
| Gulati Kesava Smriti Nidhi | $236,000 | Transnation Title Insurance | |
| Cary Ruth H | $205,000 | Commonwealth Land Title Ins | |
| Hawley Philip N | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Strickler Michelle M | $345,000 | |
| Previous Owner | Cao Menglin | $360,000 | |
| Previous Owner | Postma Terry | $275,500 | |
| Previous Owner | Rabbani Nadir | $281,250 | |
| Previous Owner | Mazhar Batool | $286,000 | |
| Previous Owner | Rabbani Nadir | $275,500 | |
| Previous Owner | Gulati Kesava Smriti Nidhi | $172,600 | |
| Previous Owner | Cary Ruth H | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2022 06/21/22 | Sold | $575,000 | -2.4% | $334 / Sq Ft |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $589,000 | +15.5% | $342 / Sq Ft |
| 02/17/2016 02/17/16 | Sold | $510,000 | +0.4% | $297 / Sq Ft |
| 02/08/2016 02/08/16 | Pending | -- | -- | -- |
| 02/03/2016 02/03/16 | For Sale | $508,000 | +75.2% | $295 / Sq Ft |
| 04/25/2012 04/25/12 | Sold | $290,000 | 0.0% | $169 / Sq Ft |
| 03/08/2012 03/08/12 | Pending | -- | -- | -- |
| 02/24/2012 02/24/12 | For Sale | $290,000 | -- | $169 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $3,716 | $565,000 | $153,200 | $411,800 |
| 2023 | $4,009 | $688,000 | $153,200 | $534,800 |
| 2022 | $4,572 | $651,000 | $153,200 | $497,800 |
| 2021 | $4,656 | $619,000 | $153,200 | $465,800 |
| 2020 | $4,792 | $580,000 | $153,200 | $426,800 |
| 2018 | $4,183 | $585,000 | $153,200 | $431,800 |
| 2017 | $3,087 | $481,000 | $153,200 | $327,800 |
| 2016 | $2,919 | $378,000 | $153,200 | $224,800 |
| 2015 | $2,897 | $348,000 | $153,200 | $194,800 |
| 2014 | -- | $330,000 | $149,200 | $180,800 |
| 2013 | -- | $254,000 | $149,200 | $104,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Charlie Sirianni
Windermere Corporate
(206) 992-6151
3 in this area
87 Total Sales
-
Buyer Co-Listing Agent in 2022
Erin Sirianni
Windermere Corporate
(206) 992-5272
3 in this area
66 Total Sales
-
S
Seller's Agent in 2016
Steve Burk
Engel & Voelkers Kirkland
-
Buyer's Agent in 2016
Angel Wang
Skyline Properties, Inc
(206) 353-5088
37 Total Sales
-
Seller's Agent in 2012
Allen Hovsepian
Windermere Corporate
(206) 718-6500
26 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1929655
APN: 545150-1140
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Based on information submitted to the MLS GRID
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