NOT LISTED FOR SALE

2959 81st Place SE Unit D2 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $719,000 - $1,460,000

2 Beds
1 Bath
1,908 Sq Ft
1.39 Acres

Last Sold August 30, 2017

Last sale price $1,100,000 $577 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,589/month

5 Days on Market

Highlights

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

About This Home

As of August 2017

Exceptional view condo at the luxury, contemporary Lake Pointe complex. Expansive views of Lake WA and the city. Open and flowing floor plan with gorgeous, wide-plank oak hardwoods in the main living areas. The gourmet kitchen with island is updated with granite, and ideal for entertaining. All bedrooms have ensuite baths, remodeled with marble and tile finishes. Secure garage with 2 large pkg spaces. Multiple storage spaces. Truly, condo living at its best.

Last Agent to Sell the Property

Michael Crowe

Coldwell Banker Bain License #71823 Listed on: 07/18/2017

Coldwell Banker Bain

Last Buyer's Agent

Lisa Boyd

Coldwell Banker Bain License #19748

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1159777

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,206

Year Built

  • Built in 1992

Lot Details

  • 1.39

Parking

  • Common or Shared Parking

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 4-Story Property
  • 1 Fireplace

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 4057600180

Community Details

Overview

  • 6 Units
  • Downtown Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,206

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, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage, Deck
  • Storage Number: 2959-2
  • Estimated Sq Ft: 1908
  • Window Coverings: Plantation Shutters

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Stucco, Wood Products
  • Roof: Flat
  • View: City, Lake, Mountain

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 1 & 2

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: Downtown
  • Project: Lake Pointe
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Kappes Miller (425) 688-2042
  • Association Contact: Walter Berninger (425) 646-2776
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Alarm System, Balcony/Deck/Patio, End Unit, Insulated Windows, Master Bath, Walk-In Closet

Schools

  • Elementary School: West Mercer Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High
  • School District: MIS

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 60677
  • Parcel Number: 4057600180

Tax Info

  • Tax Amount: 7308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Aug 16, 2017
Sold by
Whiteman Charles Whitlock and Whiteman Carolyn Virginia
Bought by
Duncan James and Duncan Marymae
Seller's Agent
Michael Crowe
Coldwell Banker Bain
Buyer's Agent
Lisa Boyd
Coldwell Banker Bain
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,250,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,212
Avg. Annual Appreciation
2.39%

Purchase Details

Closed on
Nov 5, 2008
Sold by
Whiteman Charles W and Whiteman Carolyn V
Bought by
Whiteman Charles W and Whiteman Carolyn

Purchase Details

Closed on
May 14, 2008
Sold by
Whiteman Charles W and Whiteman Carolyn V
Bought by
Whitemand Charles W and Whiteman Carolyn

Purchase Details

Closed on
Jul 7, 2005
Sold by
Martin Patricia J
Bought by
Whiteman Charles W and Whiteman Carolyn

Purchase Details

Closed on
Jul 18, 1997
Sold by
Howard Patrick S
Bought by
Martin Patricia J and The Martin Family Trust

Purchase Details

Closed on
Dec 6, 1995
Sold by
Israel Morris R and Israel Nancy E
Bought by
Howard Patrick S and The Patrick S Howard Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,600
Interest Rate
6.5%

Purchase Details

Closed on
Jun 9, 1993
Sold by
Conner Development Company
Bought by
Israel Morris R and Israel Nancy E
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
Duncan James $1,100,000 Rainier Title
Whiteman Charles W -- None Available
Whitemand Charles W -- None Available
Whiteman Charles W $749,000 Lawyers Title
Martin Patricia J $389,950 Transnation Title Insurance
Howard Patrick S $397,000 Transamerica Title Ins Co
Israel Morris R $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Patricia J $100,000
Previous Owner Howard Patrick S $317,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $1,100,000 0.0% $577 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $1,100,000 -- $577 / 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 $8,206 $1,251,000 $198,500 $1,052,500
2023 $7,613 $1,354,000 $196,000 $1,158,000
2022 $7,759 $1,239,000 $191,000 $1,048,000
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: NWM1159777

Northwest Multiple Listing Service (NWMLS)

APN: 405760-0180