Listed by Realogics Sotheby's Int'l Rlty, Bought with COMPASS
$1,075,000
SOLD MAY 2, 2016

2959 81st Place SE Unit P1 Mercer Island, WA 98040

Shorewood Neighborhood
2 Beds
3 Baths
2,060 Sq Ft
1.39 Acres

Recently Sold

$522 Per Sq Ft

2% Below List Price

Highlights

  • Lake View
  • Contemporary Architecture
  • 1 Fireplace
  • Northwood Elementary School Rated A
  • Secluded Lot
  • Double Oven

About This Home

As of January 2023

Soak up the daylight + evening views in this rarely available, extremely private Penthouse. Secure boutique building on quiet street w restaurants, coffee, cafes + shopping at your footsteps. Designed to perfection, this light filled home lives like a dream. Inviting entrance leads to great room adjacent huge kitchen + generous open deck. Expansive master suite features 1 of 4 skylights & 5 piece bath. Sep guest suite currently den. Walking distance to coveted parks + CBD amenities.

Last Agent to Sell the Property

Leslie Dickinson

Realogics Sotheby's Int'l Rlty License #102574 Listed on: 03/18/2016

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Daniel Marinello

COMPASS License #115147

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM897981

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,809

Year Built

  • Built in 1992

Parking

  • Common or Shared Parking

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 4-Story Property
  • 1 Fireplace

Kitchen

  • Double Oven
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 4057600210

Community Details

Overview

  • Mercer Island Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,809

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: 4
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, 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: Both
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: 2 - garage, 1-deck
  • Estimated Sq Ft: 2060

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Water Heater: closet-gas

Condo/Co-op/Association

  • Numberof Units In Complex: 22
  • HOA Fees: 965
  • Community Name: Mercer Island
  • Project: Lake Pointe
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Walter Berninger (425) 646-2776
  • Common Property Features: Cable Tv, Elevator, High Speed Int Avail, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Alarm System, Balcony/Deck/Patio, Disabled Access, End Unit, French Doors, Insulated Windows, Master Bath, Penthouse, Skylights, Top Floor, Walk-In Closet

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: MIS

Lot Info

  • Lot Details: Paved Street, Secluded, Sidewalk
  • Lot Sq Ft: 60667
  • Parcel Number: 4057600210

Tax Info

  • Tax Amount: 8806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Jan 11, 2023
Sold by
1999 Stevens Family Trust
Bought by
James Carol Linda
Seller's Agent
Fred Fox
Windermere Mercer Island
Buyer's Agent
Michele Schuler
Realogics Sotheby's Int'l Rlty
List Price
$1,850,000
Sold Price
$1,775,000
Premium/Discount to List
-$75,000
-4.05%
Views
37
Current Estimated Value
$1,702,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,431
Avg. Annual Appreciation
-5.77%

Purchase Details

Listed on
Mar 18, 2016
Closed on
Apr 21, 2016
Sold by
Steinborn Susan K
Bought by
1999 Stevens Family Trust and Stevens Barbara A
Seller's Agent
Leslie Dickinson
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Daniel Marinello
COMPASS
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$770,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 7, 2006
Sold by
Kadaner Marjorie E
Bought by
Kadaner Marjorie E

Purchase Details

Closed on
Jul 16, 1992
Sold by
Conner Development Co
Bought by
Kadaner Ben A and Kadaner Marjorie 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 Type Sale Price Title Company
Warranty Deed $1,775,000 Fidelity National Title
Special Warranty Deed $1,075,000 Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed $495,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $770,000 No Value Available
Previous Owner $770,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $1,775,000 -4.1% $915 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $1,850,000 +72.1% $954 / Sq Ft
05/02/2016 05/02/16 Sold $1,075,000 -2.3% $522 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $1,100,000 -- $534 / 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 $9,809 $1,496,000 $198,500 $1,297,500
2023 $9,899 $1,640,000 $196,000 $1,444,000
2022 $9,974 $1,612,000 $191,000 $1,421,000
2021 $9,656 $1,353,000 $191,000 $1,162,000
2020 $9,308 $1,205,000 $191,000 $1,014,000
2018 $9,689 $1,230,000 $191,000 $1,039,000
2017 $8,431 $1,116,000 $191,000 $925,000
2016 $7,706 $1,035,000 $191,000 $844,000
2015 $8,806 $921,000 $191,000 $730,000
2014 -- $1,006,000 $186,100 $819,900
2013 -- $787,000 $186,100 $600,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM897981

Northwest Multiple Listing Service (NWMLS)

APN: 405760-0210