NOT LISTED FOR SALE

3200 81st Place SE Unit A102 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $390,000 - $601,000

1 Bed
1 Bath
672 Sq Ft
$495/mo HOA Fee

Last Sold August 21, 2023

Last sale price $408,000 $607 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,199/month

4 Days on Market

Highlights

  • Fitness Center
  • City View
  • Clubhouse
  • Northwood Elementary School Rated A
  • 1.35 Acre Lot
  • 4-minute walk to Mercerdale Park

About This Home

As of August 2023

Spacious, bright, remodeled corner 1 bedroom unit with private patio and city/territorial views! A comfortable home or excellent investment property. Fully remodeled in recent years, this unit boasts engineered hardwood floors, a large chef's kitchen with solid wood cabinets, granite counters, breakfast bar, and stainless steel appliances. The open living area is plenty large for entertaining friends. Fantastic amenities: above ground pool, sauna, game room, owner's lounge, secure entry, and community BBQ area. In-unit laundry, dedicated parking space, great commute location to make life easy. No rental cap and pet-friendly!

Last Listed By

Mary Ann Fordyce

Windermere RE Greenwood License #2306 Listed on: 08/03/2023

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2145583

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,636

Year Built

  • Built in 1968

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $495 Monthly HOA Fees

Property Views

  • City
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Cement Board or Planked

Interior Spaces

  • 672 Sq Ft Home
  • 3-Story Property
  • Insulated Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Property is near public transit
  • Baseboard Heating

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 32 Units
  • Ridgewood At Island Crest Condos
  • Mercer Island Subdivision
  • Park Phone (425) 947-4479 | Manager Lisa Siegler

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Recreation Room
  • Elevator
  • Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,636

Year Built

Built in 1968

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1968
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Ridgewood at Island Crest
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 672
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 15
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2145583?w=Consumer&agent=3859
  • Special Features: None
  • Cumulative Days on Market: 626

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Ceramic Tile, Balcony/Deck/Patio
  • Main Level Bedrooms: 1
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • WindowCoverings: blinds throughout
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Flat
  • View: City, Territorial
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 630

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 13

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Club House, Elevator, Exercise Room, Game/Rec Rm, Lobby Entrance, Pool, Sauna
  • Park Manager Name: Lisa Siegler
  • Park Manager Phone: 425-947-4479
  • Senior Community: No
  • Association Fee: 495
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • Common Interest: Condominium
  • CoOp: false
  • CommonPropertyFeatures: Club Houses,Elevator,Exercise Room,Game/Rec Rm,Lobby Entrance,Pool-Outdoor,Sauna

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water

Schools

  • Junior High Dist: Mercer Island

Lot Info

  • Parcel Number: 7312600020
  • Lot Size Acres: 1.35
  • Lot Size Sq Ft: 58806
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2636

Multi Family

  • Number Of Units In Community: 32
  • EnergySource: Electric
  • UnitsInBuildingTotal: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 16, 2023
Sold by
Sullivan Julie F
Bought by
Lam Nicholas S and Lam Brenda S
Seller's Agent
Mary Ann Fordyce
Windermere RE Greenwood
Buyer's Agent
Kristine Milkovich
Ensemble
List Price
$395,000
Sold Price
$408,000
Premium/Discount to List
$13,000
3.29%
Total Days on Market
4
Views
30
Current Estimated Value
$452,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,436
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Jul 18, 2022
Sold by
Sullivan Julie F and Sullivan Robert W
Bought by
Sullivan Julie F

Purchase Details

Listed on
Oct 3, 2013
Closed on
Dec 18, 2013
Sold by
Chung Nancy Y and Mun John Inho
Bought by
Sullivan Julie F and Sullivan Robert W
Seller's Agent
Alice On
Wonderland Real Estate
Buyer's Agent
Peggy Frasse
Windermere Real Estate Co.
List Price
$239,000
Sold Price
$228,765
Premium/Discount to List
-$10,235
-4.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$171,573
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2008
Sold by
Cw Iii Investments Llc
Bought by
Chung Nancy Y and Mun John Inho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.43%

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
Lam Nicholas S $408,000 Stewart Title
Sullivan Julie F -- None Listed On Document
Sullivan Julie F $228,765 Chicago Title
Chung Nancy Y $290,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Julie F $171,573
Previous Owner Chung Nancy Y $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $408,000 +3.3% $607 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $395,000 0.0% $588 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $395,000 +72.7% $588 / Sq Ft
12/20/2013 12/20/13 Sold $228,765 -4.3% $340 / Sq Ft
11/09/2013 11/09/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $239,000 -- $356 / 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 $2,355 $357,000 $118,500 $238,500
2023 $2,636 $445,000 $117,000 $328,000
2022 $2,667 $427,000 $114,000 $313,000
2021 $2,945 $360,000 $114,000 $246,000
2020 $3,009 $366,000 $114,000 $252,000
2018 $2,571 $353,000 $114,000 $239,000
2017 $2,087 $295,000 $114,000 $181,000
2016 $2,067 $255,000 $114,000 $141,000
2015 $2,076 $246,000 $114,000 $132,000
2014 -- $236,000 $111,000 $125,000
2013 -- $172,000 $109,800 $62,200
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2145583

Northwest Multiple Listing Service (NWMLS)

APN: 731260-0020