NOT LISTED FOR SALE

2959 81st Place SE Unit D-4 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $1,398,066 - $1,641,000

2 Beds
3 Baths
1,940 Sq Ft
1.39 Acres

Last Sold March 15, 2016

Last sale price $1,000,000 $515 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,931/month

4 Days on Market

Highlights

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

About This Home

As of March 2016

So hard to find on Mercer Island! Luxury view condo living... Welcome to the "lock up and go" lifestyle! Only steps off the elevator... enter this one level, end unit condo. All the space needed for comfort with minimal maintenance. Lake + city views. Spacious living & dining, island kitchen opens to family room. Oversized master with luxury bath & walk-in closet, plus a second bdrm w/ private bath. A true full size laundry room too! Powder room for guests. Secure 2 car pkg, huge storage room!

Last Agent to Sell the Property

Jane Jelinek Harrison

Coldwell Banker Bain License #15207 Listed on: 02/23/2016

Co-Listed By

Stephanie St. Mary

Windermere Real Estate/East License #33451

Last Buyer's Agent

Hedy Joyce

Coldwell Banker Bain License #47854

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM899369

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
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Community Details

  • 6 Units
  • North End Community

Listing and Financial Details

  • Assessor Parcel Number 4057600200

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: 20
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Laminate, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas
  • 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
  • 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: 20
  • Estimated Sq Ft: 1940
  • Window Coverings: Shades

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 6 and 46

Utilities

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

Condo/Co-op/Association

  • Numberof Units in Building: 6
  • Numberof Units In Complex: 22
  • HOA Fees: 965
  • Community Name: North End
  • Project: Lake Pointe
  • Manager Contact Information: Walter Berninger (425) 646-2776
  • Common Property Features: Cable Tv, Elevator, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, French Doors, Insulated Windows, Jetted/Soaking Tub, Master Bath, 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
  • Parcel Number: 4057600200

Tax Info

  • Tax Amount: 8369

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Thomas And Ellenor Naden Trust and Thomas Naden E
Bought by
Thomas Naden Survivors Trust and Naden
Current Estimated Value
$1,548,017

Purchase Details

Listed on
Feb 23, 2016
Closed on
Mar 11, 2016
Sold by
Sowell Leslie D and Sowell Mary Beth
Bought by
Naden E Thomas and Thomas & Ellenor Nader Trust
Seller's Agent
Jane Jelinek Harrison
Coldwell Banker Bain
Buyer's Agent
Hedy Joyce
Coldwell Banker Bain
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Jun 12, 2015
Sold by
Romppanen Paul W
Bought by
Sowell Leslie D and Sowell Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
3.64%

Purchase Details

Closed on
Sep 22, 1998
Sold by
Ohara A Michael and Ohara Judith A
Bought by
Romppanen Paul W and Romppanen Bettie S

Purchase Details

Closed on
Jul 8, 1993
Sold by
Conner Development Company
Bought by
O'Hara O'Hara A and O'Hara Judith A
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
Thomas Naden Survivors Trust -- None Listed On Document
Naden E Thomas $1,000,000 Chicago Title
Sowell Leslie D $968,000 Chicago Title
Romppanen Paul W $625,000 Chicago Title Insurance
O'Hara O'Hara A $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naden E Thomas $250,000
Previous Owner Sowell Leslie D $418,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $1,000,000 +0.5% $515 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $995,000 -- $513 / 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: NWM899369

Northwest Multiple Listing Service (NWMLS)

APN: 405760-0200