NOT LISTED FOR SALE

2949 81st Place SE Unit C4 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $1,382,902 - $1,666,000

2 Beds
3 Baths
1,940 Sq Ft
1.39 Acres

Last Sold February 12, 2015

Last sale price $912,500 $470 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,943/month

110 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • Double Oven
  • Northwood Elementary School Rated A
  • 1 Fireplace
  • Ceramic Tile Flooring

About This Home

As of February 2015

Simplify! Welcome to your new chic abode and a "lock up and go" lifestyle! Only steps off the elevator is the entry to this amazing one level condo. All the space needed for comfort with minimal maintenance. Sublime lake + city views... sensational living & dining, island kitchen opens to family room & oversized view deck, spacious master includes luxury bath & walk-in closet, plus a second bdrm w/ private bath. Real laundry room too! Powder room for guests. Secure pkg for 2, huge storage room!

Last Agent to Sell the Property

Jane Jelinek Harrison

Coldwell Banker Bain License #15207 Listed on: 10/04/2014

Co-Listed By

Stephanie St. Mary

Windermere Real Estate/East License #33451

Last Buyer's Agent

Dana K. Francis

John L. Scott, Inc License #25723

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM703426

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,076

Year Built

  • Built in 1992

Lot Details

  • 1.39

Parking

  • Common or Shared Parking

Property Views

  • Lake
  • City

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 4057600150

Community Details

Overview

  • 5 Units
  • North End Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,076

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: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Gas, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, 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
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage
  • Storage Number: 2949-4
  • Estimated Sq Ft: 1940
  • Window Coverings: Yes

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 11, 30

Utilities

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

Condo/Co-op/Association

  • Numberof Units in Building: 5
  • Numberof Units In Complex: 22
  • HOA Fees: 904
  • 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, Lobby Entrance
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Alarm System, Balcony/Deck/Patio, Insulated Windows, Master Bath, Vaulted Ceilings, Walk-In Closet

Schools

  • Elementary School: Buyer To Verify
  • 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: 4057600150

Tax Info

  • Tax Amount: 6692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2014
Closed on
Feb 4, 2015
Sold by
Obando Carlos
Bought by
Director David J and Director Elizabeth A
Seller's Agent
Jane Jelinek Harrison
Coldwell Banker Bain
Buyer's Agent
Dana K. Francis
John L. Scott, Inc
List Price
$939,000
Sold Price
$912,500
Premium/Discount to List
-$26,500
-2.82%
Current Estimated Value
$1,550,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$637,726
Avg. Annual Appreciation
3.74%
Original Mortgage
$225,000
Outstanding Balance
$174,394
Interest Rate
3.61%
Estimated Equity
$1,173,361

Purchase Details

Closed on
May 18, 2012
Sold by
Casey Martin Michael and Casey Jacqueline L
Bought by
Obando Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.08%

Purchase Details

Closed on
Apr 23, 2001
Sold by
Tortorici Peter F and Tortorici Susan K
Bought by
Casey Michael and Casey Jacqueline L

Purchase Details

Closed on
Jun 5, 1996
Sold by
Arcuri Victor B and Arcuri Sandra C
Bought by
Tortorici Peter F and Tortorici Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

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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
Director David J $912,500 Fidelity Natio
Obando Carlos $699,000 Fidelity Natio
Casey Michael $620,000 Transnation Title Insurance
Tortorici Peter F $435,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Director David J $225,000
Previous Owner Obando Carlos $119,000
Previous Owner Obando Carlos $100,125
Previous Owner Obando Carlos $375,000
Previous Owner Tortorici Peter F $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2015 02/12/15 Sold $912,500 -2.8% $470 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/06/2015 01/06/15 Price Changed $939,000 0.0% $484 / Sq Ft
01/06/2015 01/06/15 For Sale $939,000 +2.9% $484 / Sq Ft
11/27/2014 11/27/14 Off Market $912,500 -- --
10/04/2014 10/04/14 For Sale $969,000 -- $499 / 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 $9,076 $1,384,000 $198,500 $1,185,500
2023 $9,096 $1,522,000 $196,000 $1,326,000
2022 $9,024 $1,481,000 $191,000 $1,290,000
2021 $9,096 $1,224,000 $191,000 $1,033,000
2020 $8,889 $1,135,000 $191,000 $944,000
2018 $9,082 $1,158,000 $191,000 $967,000
2017 $7,984 $1,046,000 $191,000 $855,000
2016 $7,397 $980,000 $191,000 $789,000
2015 $8,369 $884,000 $191,000 $693,000
2014 -- $956,000 $186,100 $769,900
2013 -- $732,000 $186,100 $545,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM703426

Northwest Multiple Listing Service (NWMLS)

APN: 405760-0150