NOT LISTED FOR SALE

2959 81st Place SE Unit 1 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $1,218,000 - $1,779,000

2 Beds
3 Baths
1,908 Sq Ft
1.39 Acres

Last Sold March 31, 2021

Last sale price $1,488,000 $780 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,707/month

Highlights

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

About This Home

As of March 2021

The ultimate luxury lifestyle awaits you at Lake Pointe. Panoramic Western views encompass the lake, city and mountains. Spacious & updated, this 2BR plus den/office, 2.5BA, 1908 sqft unit lives like a house with only one neighbor on the same level. The ultimate convenience is offered by an elevator from the secure common garage & 2 deeded garage parking spaces. Wide planked hardwoods, designer palate, upscale finishes and walls of windows that take advantage of the western exposure. Remodeled chef’s kitchen and expansive private deck lends itself to entertaining. Enjoy the shops, restaurants and nearby parks of the North end. Easy access to transportation. All of the amenities of a luxury home coupled with a lock & leave lifestyle!

Last Agent to Sell the Property

Greg Rosenwald

COMPASS License #79606 Listed on: 02/26/2021

COMPASS

Last Buyer's Agent

Petra Varney

Windermere Mercer Island License #137205

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1733916

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,821

Year Built

  • Built in 1992

Lot Details

  • 1.39

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 4057600170

Community Details

Overview

  • Downtown Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,821

Year Built

Built in 1992

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Double Oven, 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
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Lobby/deck/hallway
  • Estimated Sq Ft: 1908

Exterior Features

  • Exterior: Stucco
  • Roof: Flat, Torch Down
  • View: City, Lake, Mountain

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage, Off Street

Utilities

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

Condo/Co-op/Association

  • Numberof Units In Complex: 22
  • HOA Fees: 1028
  • Community Name: Downtown
  • Project: Lake Pointe
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Walter Berninger (425) 688-2042
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Jetted/Soaking Tub, Master Bath, Vaulted Ceilings, Walk-In Closet

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 4057600170

Tax Info

  • Tax Amount: 8242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Fuchs Pavel
Bought by
Fuchs Marital Trust and Fuchs
Current Estimated Value
$1,509,695

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 10, 2021
Sold by
Mizrahi Patricia
Bought by
Fuchs Pavel and Fuchs Vera
Seller's Agent
Greg Rosenwald
COMPASS
Buyer's Agent
Petra Varney
Windermere Mercer Island
List Price
$1,488,000
Sold Price
$1,488,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.51%

Purchase Details

Listed on
Sep 17, 2019
Closed on
Nov 1, 2019
Sold by
Gallagher Margel S
Bought by
Mizrahi Patricia
Seller's Agent
Fred Fox
Windermere Mercer Island
Buyer's Agent
Karen Santa
Windermere Real Estate/East
List Price
$1,250,000
Sold Price
$1,222,222
Premium/Discount to List
-$27,778
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$722,222
Interest Rate
3.6%

Purchase Details

Closed on
Jun 10, 2011
Sold by
Gallagher J James and Gallagher Margel
Bought by
Gallagher J James and Gallagher Margel S

Purchase Details

Closed on
Mar 23, 2009
Sold by
Hochberg Joanne H and Hochberg Joanne H
Bought by
Gallagher J James and Gallagher Margel

Purchase Details

Closed on
Jul 25, 2002
Sold by
Wilson Larry W and Wilson Patricia A
Bought by
Hochberg Donald and Hochberg Joanne H
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
Fuchs Marital Trust $313 None Listed On Document
Fuchs Pavel $1,488,000 Chicago Title Company Of Wa
Mizrahi Patricia $1,222,222 Fidelity National Title
Gallagher J James -- None Available
Gallagher J James $775,000 Chicago Title
Hochberg Donald $572,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mizrahi Patricia $722,222
Previous Owner Gallagher J James $255,000
Previous Owner Gallagher J James $506,000
Previous Owner Gallagher J James $562,500
Previous Owner Gallagher J James $567,500
Previous Owner Gallagher J James $620,000
Previous Owner Hochberg Donald H $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,488,000 0.0% $780 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,488,000 +21.7% $780 / Sq Ft
11/08/2019 11/08/19 Sold $1,222,222 -2.2% $641 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $1,250,000 -- $655 / 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 $8,821 $1,345,000 $198,500 $1,146,500
2023 $8,072 $1,491,000 $196,000 $1,295,000
2022 $7,759 $1,314,000 $191,000 $1,123,000
2021 $8,264 $1,052,000 $191,000 $861,000
2020 $8,242 $1,031,000 $191,000 $840,000
2018 $8,189 $1,050,000 $191,000 $859,000
2017 $7,308 $943,000 $191,000 $752,000
2016 $6,887 $897,000 $191,000 $706,000
2015 $7,670 $823,000 $191,000 $632,000
2014 -- $876,000 $186,100 $689,900
2013 -- $652,000 $186,100 $465,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1733916

Northwest Multiple Listing Service (NWMLS)

APN: 405760-0170