Listed by John L. Scott, Inc., Bought with eXp Realty
NOT LISTED FOR SALE

3200 81st Place SE Unit A301 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $618,000 - $748,000

2 Beds
1 Bath
1,038 Sq Ft
1.37 Acres

Last Sold October 02, 2017

Last sale price $470,000 $453 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,043/month

28 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • Dogs and Cats Allowed
  • Northwood Elementary School Rated A
  • 1 Fireplace
  • 4-minute walk to Mercerdale Park

About This Home

As of October 2017

Top Floor End Unit Lake View Condo. 2 BR+Den. Immaculate updated condo home - 2008 conversion. countertops, breakfast bar, high quality cabinets & Stainless Appliances. Enjoy evening dinners with Sunset view on deck. Newer windows provide good insulation. Easy access to downtown shopping, dining, parks, ST Express Bus to Seattle or Bellevue.Lots of light in unit, only one shared wall for privacy. Super investment - no rental cap - dog and cat friendly

Last Agent to Sell the Property

Dieter Kaetel

John L. Scott, Inc. License #3896 Listed on: 07/07/2017

John L. Scott, Inc.

Last Buyer's Agent

Ash Parikh

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1156743

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 1968

Lot Details

  • 1.37

Property Views

  • Lake
  • Mountain

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 7312600070

Community Details

Overview

  • 8 Units
  • Downtown Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,527

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1038

Exterior Features

  • Exterior: Cement Planked
  • Roof: Flat
  • View: Lake, Mountain

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Carport, Uncovered
  • Parking Space Number: 10,30

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units in Building: 8
  • Numberof Units In Complex: 32
  • HOA Fees: 540
  • Community Name: Downtown
  • Project: Ridgewood
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: EMB / Brian Swope (425) 452-7330
  • Common Property Features: Cable Tv, Game/Rec Rm, Lobby Entrance, Pool-Outdoor
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, Top Floor

Schools

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

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 7312600070

Tax Info

  • Tax Amount: 2908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Sep 29, 2017
Sold by
Welch Craig
Bought by
Bui Quoc Bao
Seller's Agent
Dieter Kaetel
John L. Scott, Inc.
Buyer's Agent
Ash Parikh
eXp Realty
List Price
$539,000
Sold Price
$470,000
Premium/Discount to List
-$69,000
-12.8%
Current Estimated Value
$678,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,809
Avg. Annual Appreciation
4.87%
Original Mortgage
$423,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 22, 2016
Sold by
Dannis Joni L
Bought by
Welch Craig
Seller's Agent
Renata Andrews
NW Experience Real Estate
Buyer's Agent
Dieter Kaetel
John L. Scott, Inc.
List Price
$489,000
Sold Price
$479,000
Premium/Discount to List
-$10,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.48%
Original Mortgage
$349,700
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2008
Sold by
Cw Iii Investments Llc
Bought by
Dannis Joni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,750
Interest Rate
5.9%
Mortgage Type
New Conventional
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
Bui Quoc Bao $470,000 Fidelity National Title
Welch Craig $479,000 First American
Dannis Joni L $409,000 Pacific Nw Tit
Dannis Joni L -- Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bui Quoc Bao $412,000
Closed Bui Quoc Bao $404,000
Closed Bui Quoc Bao $423,000
Previous Owner Welch Craig $349,700
Previous Owner Dannis Joni L $291,000
Previous Owner Dannis Joni L $306,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $470,000 -2.1% $453 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
08/03/2017 08/03/17 Price Changed $479,950 -4.0% $462 / Sq Ft
07/26/2017 07/26/17 Price Changed $499,950 -3.7% $482 / Sq Ft
07/14/2017 07/14/17 Price Changed $519,000 -3.7% $500 / Sq Ft
07/07/2017 07/07/17 For Sale $539,000 +12.5% $519 / Sq Ft
06/24/2016 06/24/16 Sold $479,000 -2.0% $461 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $489,000 -- $471 / 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 $3,527 $536,000 $182,700 $353,300
2023 $3,917 $663,000 $180,400 $482,600
2022 $4,212 $636,000 $175,900 $460,100
2021 $4,352 $570,000 $175,900 $394,100
2020 $4,508 $542,000 $175,900 $366,100
2018 $3,862 $527,000 $175,900 $351,100
2017 $2,908 $444,000 $175,900 $268,100
2016 $2,961 $356,000 $175,900 $180,100
2015 $3,063 $353,000 $175,900 $177,100
2014 -- $349,000 $171,300 $177,700
2013 -- $255,000 $169,300 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1156743

Northwest Multiple Listing Service (NWMLS)

APN: 731260-0070