Seller's Agent in 2022
Nick Pallis
Windermere Corporate
(206) 499-7000
1 in this area
47 Total Sales
Listed by Windermere Real Estate/East, Bought with Windermere Mercer Island
2949 81st Place SE Unit 490P Mercer Island, WA 98040
Shorewood NeighborhoodEstimated Value: $2,067,000 - $3,201,000
3
Beds
3.5
Baths
3,602
Sq Ft
$2,017/mo
HOA Fee
Highlights
- Unit is on the top floor
- Penthouse
- Lake View
- Northwood Elementary School Rated A
- Gated Community
- 1.39 Acre Lot
About This Home
As of November 2022Lake Point Condominiums... Located in Mercer Island’s most highly coveted luxury condo community is a rare opportunity to own 3,602 square feet of sprawling, one-level living space. Enjoy exceptional views of Lake Washington and all the modern conveniences of condo living coupled with all the roomy comforts of a single-family home. Features include an open floorplan with a large chef’s kitchen and dining space for both indoor and outdoor entertaining, a grand primary suite with large walk-in closets, 3 double-sided gas fireplaces, a secure building with 2 parking spaces and direct elevator access to its own private foyer and entrance. Includes ample storage and plenty of off-street parking for your guests. Move-in ready!
Last Agent to Sell the Property
Windermere Real Estate/East License #47878 Listed on: 10/07/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2004520
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,801
Year Built
- Built in 1992
Lot Details
- 1.39
HOA Fees
- $2,017 Monthly HOA Fees
Home Design
- Penthouse
- Modern Architecture
- Flat Roof Shape
- Stucco
Interior Spaces
- 3,602 Sq Ft Home
- 3-Story Property
- Skylights
- 3 Fireplaces
- Gas Fireplace
- Insulated Windows
- French Doors
- Lake Views
- Alarm System
Kitchen
- Oven or Range
- Stove
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Soaking Tub
Laundry
- Dryer
- Washer
Parking
- 2 Car Garage
- Common or Shared Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Patio
Location
- Unit is on the top floor
- Property is near public transit
- Property is near a bus stop
Schools
- Northwood Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Central Air
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 4057600160
Community Details
Overview
- Association fees include common area maintenance, garbage, sewer, water
- 22 Units
- Walter Berninger Association
- Secondary HOA Phone (425) 688-2042
- Lake Point Condominium Condos
- Mercer Island Subdivision
- Park Phone (206) 287-9947 | Manager Kappes Miller
Amenities
- Elevator
- Lobby
Pet Policy
- Call for details about the types of pets allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2022
Closed on
Nov 17, 2022
Sold by
Burtenshaw Angelina D
Bought by
Prentice Arlen I and Prentice Debra C
Seller's Agent
Nick Pallis
Windermere Real Estate/East
Buyer's Agent
Andrea Iverson
Windermere Mercer Island
List Price
$2,900,000
Sold Price
$2,750,000
Premium/Discount to List
-$150,000
-5.17%
Views
1
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
-$160,756
Avg. Annual Appreciation
-0.27%
Original Mortgage
$2,200,000
Outstanding Balance
$2,142,238
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$586,509
Purchase Details
Closed on
Sep 28, 2012
Sold by
Shrontz Craig H
Bought by
Burtenshaw Devere Jerrey and Burtenshaw Angelina D
Purchase Details
Closed on
Sep 10, 2007
Sold by
Shrontz Frank A
Bought by
Shrontz Frank A and Frank A Shrontz Mi Residence Trust
Purchase Details
Closed on
May 5, 2003
Sold by
Shrontz Craig H and Shrontz Richard W
Bought by
Shrontz Frank A and Frank A & Harriet A Shrontz Revocable Tr
Purchase Details
Closed on
Jul 24, 1993
Sold by
Conner Development Company
Bought by
Shrontz Frank A and Shrontz Arriet A
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 |
|---|---|---|---|
| Prentice Arlen I | $2,750,000 | Cw Title | |
| Burtenshaw Devere Jerrey | $1,500,000 | Chicago Title | |
| Shrontz Frank A | -- | None Available | |
| Shrontz Harriet A | -- | None Available | |
| Shrontz Frank A | -- | None Available | |
| Shrontz Frank A | $1,600,000 | Chicago Title | |
| Shrontz Frank A | $1,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Prentice Arlen I | $2,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2022 11/22/22 | Sold | $2,750,000 | -5.2% | $763 / Sq Ft |
| 11/06/2022 11/06/22 | Pending | -- | -- | -- |
| 10/07/2022 10/07/22 | For Sale | $2,900,000 | -- | $805 / 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 | $15,895 | $2,426,000 | $367,400 | $2,058,600 |
| 2023 | $15,329 | $2,592,000 | $362,800 | $2,229,200 |
| 2022 | $14,801 | $2,498,000 | $353,600 | $2,144,400 |
| 2021 | $15,039 | $2,009,000 | $353,600 | $1,655,400 |
| 2020 | $14,422 | $1,878,000 | $353,600 | $1,524,400 |
| 2018 | $15,629 | $1,975,000 | $353,600 | $1,621,400 |
| 2017 | $13,368 | $1,801,000 | $353,600 | $1,447,400 |
| 2016 | $12,559 | $1,642,000 | $353,600 | $1,288,400 |
| 2015 | $14,505 | $1,502,000 | $353,600 | $1,148,400 |
| 2014 | -- | $1,658,000 | $344,400 | $1,313,600 |
| 2013 | -- | $1,308,000 | $344,400 | $963,600 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Pallis
-
Andrea Iverson
Buyer's Agent in 2022
Andrea Iverson
Windermere Corporate
(206) 851-8056
2 in this area
24 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2004520
APN: 405760-0160
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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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