Listed by Skyline Properties, Inc., Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

2939 76th Ave SE Unit 42B Mercer Island, WA 98040

Downtown Mercer Island Neighborhood

Estimated Value: $349,323 - $444,000

1 Bed
1 Bath
640 Sq Ft
2.1 Acres

Last Sold July 12, 2019

Last sale price $282,000 $441 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,302/month

12 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • 4-minute walk to Mercerdale Hillside Park
  • West Mercer Elementary School Rated A
  • Open Space

About This Home

As of July 2019

Unbelievable under $300k condo in the Downtown Mercer Island! Popular loft-style 12 ft ceiling living area. The only unit in the building without blocked tranquil view.Newer appliances. 1 parking space. Club house with exercise room. The laundry rm is in the first row of the complex. Walking distance to Downtown Mercer Island & park/ride. Very convenient location between Seattle and Eastside. No rental cap. This unit needs some updates but easily rented as $1500 till 5/31. Sold-as-is.

Last Agent to Sell the Property

Melissa Ko

Skyline Properties, Inc. License #23182 Listed on: 06/06/2019

Skyline Properties, Inc.

Last Buyer's Agent

Larry Gockel

Coldwell Banker Bain License #23945

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1469365

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,506

Year Built

  • Built in 1977

Lot Details

  • Open Space

Parking

  • Uncovered Parking

Home Design

  • Wood Composite

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Listing and Financial Details

  • Assessor Parcel Number 3623000390

Community Details

Overview

  • Downtown Community

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,506

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Kitchen w/ Eating Area: Main
  • Storage: patio
  • Estimated Sq Ft: 640

Exterior Features

  • Exterior: Wood Products
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 40

Utilities

  • Heating And Cooling: Baseboard, Radiator
  • Water Heater: closet-Electrical

Condo/Co-op/Association

  • Numberof Units In Complex: 78
  • HOA Fees: 381
  • Community Name: Downtown
  • Project: Island Habitat
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Yates, Woods & McDonald (206) 268-3314
  • Association Contact: Kathleen Chafin
  • Common Property Features: Club House, Exercise Room
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Vaulted Ceilings

Schools

  • School District: MIS

Lot Info

  • Lot Details: Open Space, Paved Street
  • Parcel Number: 3623000390

Rental Info

  • Monthly Rentif Rented: 1500

Tax Info

  • Tax Amount: 2232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Odegard John G
Bought by
Olson Kurt H and Wallace Patrick Trust
Current Estimated Value
$397,581

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 5, 2019
Sold by
Huang Lina C
Bought by
Odegard John G
Seller's Agent
Melissa Ko
Skyline Properties, Inc.
Buyer's Agent
Larry Gockel
Coldwell Banker Bain
List Price
$290,000
Sold Price
$282,000
Premium/Discount to List
-$8,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$197,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 3, 2019
Sold by
Odegard Nancy B
Bought by
Odegard John G
Seller's Agent
Melissa Ko
Skyline Properties, Inc.
Buyer's Agent
Larry Gockel
Coldwell Banker Bain
List Price
$290,000
Sold Price
$282,000
Premium/Discount to List
-$8,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2005
Sold by
Edmiston Carie Lynn and Hall Scott A
Bought by
Huang Tina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,850
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 1988
Sold by
Mcmahon Teresa L
Bought by
Edmiston Carie Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Olson Kurt H -- None Available
Odegard John G $282,000 Old Republic Title Ltd
Odegard John G -- Old Republic Title Ltd
Huang Tina C $188,500 Chicago Title
Edmiston Carie Lynn $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odegard John G $197,400
Previous Owner Huang Tina C $18,850
Previous Owner Huang Tina C $150,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Sold $282,000 -2.8% $441 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $290,000 -- $453 / 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 $2,506 $380,000 $94,400 $285,600
2023 $2,384 $391,000 $93,300 $297,700
2022 $2,321 $386,000 $90,900 $295,100
2021 $2,537 $313,000 $90,900 $222,100
2020 $2,677 $315,000 $90,900 $224,100
2018 $2,232 $306,000 $90,900 $215,100
2017 $1,680 $256,000 $90,900 $165,100
2016 $1,591 $205,000 $90,900 $114,100
2015 $1,560 $189,000 $90,900 $98,100
2014 -- $177,000 $88,500 $88,500
2013 -- $137,000 $88,500 $48,500
Source: Public Records

Agents Affiliated with this Home

  • Melissa Ko

    Seller's Agent in 2019

    Melissa Ko

    Skyline Properties, Inc

    (425) 753-5917

    12 Total Sales

    Melissa Ko
    Section Image
  • Larry Gockel

    Buyer's Agent in 2019

    Larry Gockel

    Coldwell Banker Bain

    (425) 519-3341

    2 in this area

    63 Total Sales

    Larry Gockel
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1469365

Northwest Multiple Listing Service (NWMLS)

APN: 362300-0390

Washington King County Mercer Island 98040 Downtown Mercer Island

2939 76th Ave SE Unit 42B, Mercer Island, WA

Not Listed for Sale

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