Listed by John L. Scott, Inc, Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

2939 81st Place SE Unit B-3 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $1,434,789 - $2,230,000

2 Beds
3 Baths
1,938 Sq Ft
1.39 Acres

Last Sold December 02, 2015

Last sale price $978,000 $505 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,754/month

33 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • 1 Fireplace
  • Northwood Elementary School Rated A
  • Wood Flooring

About This Home

As of December 2015

Mercer Island Premium View condo w/high security. Easy access to I-90 & 5 min to Seattle/Bellevue. Expansive views of Lk WA & M.I. downtown. Exceptional 1,938 SF floor plans. 2 bedroom, 1 den, living/dining, kitchen & dinette area, 2.5 baths & large balcony. 2 secure parking spaces & 3 storage units w/no step elevator access to living quarters. Remodel completed 2014 including new furnace, air-con, water heater, S/S appliances, condenser, front panel to Subzero. New windows, roof & siding.

Last Agent to Sell the Property

Sandra Miller Wong

John L. Scott, Inc License #7108 Listed on: 10/07/2015

John L. Scott, Inc

Last Buyer's Agent

Enrico Pozzo

Realogics Sotheby's Int'l Rlty License #47331

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM856477

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,069

Year Built

  • Built in 1992

Lot Details

  • 1.39

Parking

  • Common or Shared Parking

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 4057600090

Community Details

Overview

  • North End Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,069

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage, unit entry, balcony
  • Storage Number: 2939-3 (in garage)
  • Estimated Sq Ft: 1938
  • Window Coverings: yes

Exterior Features

  • Exterior: Stucco
  • Roof: Flat
  • View: City, Lake, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 15 & 16

Utilities

  • Heating And Cooling: Central A/C, Forced Air

Condo/Co-op/Association

  • Numberof Units In Complex: 22
  • HOA Fees: 947
  • Community Name: North End
  • Project: Lake Pointe
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Kappes Miller (425) 688-2042
  • Association Contact: Walter Berninger (425) 646-2776
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Outside Entry
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Master Bath, Walk-In Closet

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Isler Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 60677
  • Parcel Number: 4057600090

Tax Info

  • Tax Amount: 8360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Nov 24, 2015
Sold by
Mak Reginald Wing Ming and Mak Juliet Cheng Leng
Bought by
Tang Tianxi and Pang Yaoqi
Seller's Agent
Sandra Miller Wong
John L. Scott, Inc
Buyer's Agent
Enrico Pozzo
Realogics Sotheby's Int'l Rlty
List Price
$988,000
Sold Price
$978,000
Premium/Discount to List
-$10,000
-1.01%
Current Estimated Value
$1,703,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,947
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
May 18, 2012
Sold by
Edwards Vyette C and Edwards Robert E
Bought by
Mak Reginal W and Mak Juliet C

Purchase Details

Closed on
Jul 28, 2006
Sold by
Leveridge Ronald O and Leveridge Patricia Ann
Bought by
Edwards Robert E and Edwards Yvette C

Purchase Details

Closed on
Mar 2, 2000
Sold by
Cummings Esther M
Bought by
Leveridge Ronald O and Leveridge Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,528
Interest Rate
8.26%

Purchase Details

Closed on
Nov 12, 1993
Sold by
Conner Development Company
Bought by
Cummings Theodore P and Cummings Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.91%
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
Tang Tianxi $978,000 Chicago Title
Mak Reginal W $695,000 Chicago Title
Edwards Robert E $925,000 Transnation Ti
Leveridge Ronald O $577,250 Pacific Nw Title
Cummings Theodore P $369,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leveridge Ronald O $562,528
Previous Owner Cummings Theodore P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2015 12/02/15 Sold $978,000 -1.0% $505 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
10/24/2015 10/24/15 For Sale $988,000 0.0% $510 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $988,000 -- $510 / 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 $9,069 $1,383,000 $198,500 $1,184,500
2023 $9,090 $1,521,000 $196,000 $1,325,000
2022 $9,017 $1,480,000 $191,000 $1,289,000
2021 $9,088 $1,223,000 $191,000 $1,032,000
2020 $8,881 $1,134,000 $191,000 $943,000
2018 $9,074 $1,157,000 $191,000 $966,000
2017 $7,984 $1,045,000 $191,000 $854,000
2016 $7,388 $980,000 $191,000 $789,000
2015 $8,360 $883,000 $191,000 $692,000
2014 -- $955,000 $186,100 $768,900
2013 -- $731,000 $186,100 $544,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM856477

Northwest Multiple Listing Service (NWMLS)

APN: 405760-0090