$479,000
SOLD JUN 24, 2016

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

Shorewood Neighborhood
2 Beds
1 Bath
1,038 Sq Ft
1.37 Acres

Recently Sold

$461 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • 4-minute walk to Mercerdale Park
  • Northwood Elementary School Rated A
  • Ceramic Tile Flooring

About This Home

As of October 2017

Immaculate 2 bed +DEN/3rd bed, 1.75 bath Mercer Island TOP floor LAKE VIEW condo at Ridgewood.Beautiful upgrades throughout this modern home incl. a lg kitchen w/granite counters, breakfast bar, quality cabinetry & stainless appls.This light-filled, SW corner unit w/lg deck has it all,incl. a den that doubles as a 3rd bd. Only a few ft of shared wall for added privacy! Amenities incl. community rm w/kitchen,sauna, outdoor POOL & BBQ area. Secure bldg, 2 PARKING SPOTS, PET friendly.NO RENTAL CAP.

Last Agent to Sell the Property

Renata Andrews

NW Experience Real Estate License #11199 Listed on: 04/26/2016

Last Buyer's Agent

Dieter Kaetel

John L. Scott, Inc. License #3896

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM930079

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 1968

Lot Details

  • Street terminates at a dead end

Property Views

  • Lake
  • City

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 7312600070

Community Details

Overview

  • 8 Units
  • Downtown Community

Pet Policy

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

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

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, 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
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1038
  • Window Coverings: Blinds

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Wall
  • Water Heater: In Hall Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 8
  • Numberof Units In Complex: 32
  • HOA Fees: 508
  • Community Name: Downtown
  • Project: Ridgewood
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: EMB/Brian Swope (425) 452-7330
  • Common Property Features: Fire Sprinklers, Game/Rec Rm, Lobby Entrance, Pool-Outdoor, Sauna
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Master Bath, Top Floor

Schools

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

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Parcel Number: 7312600070

Tax Info

  • Tax Amount: 2961

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
4.81%
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

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Range of Values:

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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 $470,000 Fidelity National Title
Warranty Deed $479,000 First American
Warranty Deed $409,000 Pacific Nw Tit
Interfamily Deed Transfer -- Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,000 New Conventional
Closed $404,000 New Conventional
Closed $423,000 Purchase Money Mortgage
Previous Owner $349,700 New Conventional
Previous Owner $291,000 New Conventional
Previous Owner $306,750 New Conventional
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: NWM930079

Northwest Multiple Listing Service (NWMLS)

APN: 731260-0070