Seller's Agent in 2020
Fred Fox
Windermere Corporate
(425) 785-3147
1 in this area
23 Total Sales
Listed by Windermere Mercer Island, Bought with Windermere Real Estate/East
2949 81st Place SE Unit C3 Mercer Island, WA 98040
Shorewood NeighborhoodEstimated Value: $1,592,000 - $1,715,000
2
Beds
2.5
Baths
2,028
Sq Ft
$1,066/mo
HOA Fee
Highlights
- Gated Community
- Lake View
- Property is near public transit
- Northwood Elementary School Rated A
- 1.39 Acre Lot
- Wood Flooring
About This Home
As of April 2020Lake Pointe - rare oppt to own home in MI's most coveted luxury building. Great views of Lake WA/city. Open floor plan w/mix of carpet / hardwood floors. One level unit w/over 2000 sf w/walls of windows. The chef's gourmet kitchen is updated - ideal for entertaining. Ovens have been replaced since photos. Master bed/bath w/walk in closet. Separate large office. 2nd BR w/en suite bath. No steps for owners via garage. 2 assigned covered parking spaces. 2 min access to I-90.
Last Agent to Sell the Property
Windermere Mercer Island License #119349 Listed on: 01/24/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1556509
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,004
Year Built
- Built in 1992
Lot Details
- 1.39
HOA Fees
- $1,066 Monthly HOA Fees
Parking
- 2 Car Garage
Property Views
- Lake
- City
- Territorial
Home Design
- Modern Architecture
- Flat Roof Shape
- Bitumen Roof
- Stucco
Interior Spaces
- 2,028 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Insulated Windows
Kitchen
- Double Oven
- Gas Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- Soaking Tub
Laundry
- Electric Dryer
- Washer
Outdoor Features
- Balcony
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Natural Gas Connected
- Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4057600140
Community Details
Overview
- Association fees include common area maintenance, garbage, lawn service, road maintenance, water/sewer
- 22 Units
- Lake Pointe Condos
- Downtown Subdivision
- Park Phone (425) 688-2042 | Manager Walter Berninger
Amenities
- Elevator
- Lobby
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2020
Closed on
Apr 13, 2020
Sold by
Kim Edward S
Bought by
Chen Hsueh Chen
Seller's Agent
Fred Fox
Windermere Mercer Island
Buyer's Agent
Bill Pallis
Windermere Real Estate/East
List Price
$1,275,000
Sold Price
$1,266,000
Premium/Discount to List
-$9,000
-0.71%
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
$400,131
Avg. Annual Appreciation
1.85%
Purchase Details
Closed on
Jan 7, 2003
Sold by
Kim Chung Sook
Bought by
Kim Edward S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.06%
Purchase Details
Closed on
Apr 28, 1994
Sold by
Conner Development Company
Bought by
Kim Edward and Kim Chung Sook
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,700
Interest Rate
7.79%
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 |
|---|---|---|---|
| Chen Hsueh Chen | $1,266,000 | Fidelity National Title | |
| Kim Edward S | $285,000 | Pacific Nw Tit | |
| Kim Edward | $383,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kim Edward S | $250,000 | |
| Previous Owner | Kim Edward S | $300,000 | |
| Previous Owner | Kim Edward | $344,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2020 04/17/20 | Sold | $1,266,000 | -0.7% | $624 / Sq Ft |
| 03/18/2020 03/18/20 | Pending | -- | -- | -- |
| 03/16/2020 03/16/20 | For Sale | $1,275,000 | 0.0% | $629 / Sq Ft |
| 01/31/2020 01/31/20 | Pending | -- | -- | -- |
| 01/24/2020 01/24/20 | For Sale | $1,275,000 | -- | $629 / 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 | $9,776 | $1,491,000 | $213,000 | $1,278,000 |
| 2023 | $9,390 | $1,661,000 | $210,400 | $1,450,600 |
| 2022 | $9,282 | $1,529,000 | $205,100 | $1,323,900 |
| 2021 | $9,376 | $1,259,000 | $205,100 | $1,053,900 |
| 2020 | $9,165 | $1,170,000 | $205,100 | $964,900 |
| 2018 | $9,403 | $1,197,000 | $205,100 | $991,900 |
| 2017 | $8,252 | $1,083,000 | $205,100 | $877,900 |
| 2016 | $7,647 | $1,013,000 | $205,100 | $807,900 |
| 2015 | $8,666 | $914,000 | $205,100 | $708,900 |
| 2014 | -- | $990,000 | $199,700 | $790,300 |
| 2013 | -- | $759,000 | $199,700 | $559,300 |
Source: Public Records
Agents Affiliated with this Home
-
Fred Fox
-
Bill Pallis
B
Buyer's Agent in 2020
Bill Pallis
Windermere Corporate
(206) 979-2880
49 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1556509
APN: 405760-0140
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Based on information submitted to the MLS GRID
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