NOT LISTED FOR SALE

3204 81st Place SE Unit 301 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $427,000 - $597,000

1 Bed
1 Bath
671 Sq Ft
1.35 Acres

Last Sold April 02, 2021

Last sale price $420,000 $626 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,972/month

87 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • Dogs and Cats Allowed
  • Northwood Elementary School Rated A
  • Ceramic Tile Flooring

About This Home

As of April 2021

Stunning Ridgewood Condo! This top floor, end unit with 1 bedroom / 1 bath is a sight to see. Open floor plan with granite counters, stainless steel appliances, updated fixtures, quality cabinets, new carpet, tile in kitchen & bathroom. Private deck with west facing views. Community features include: outdoor pool, clubhouse with changing rooms, sauna, kitchen, meeting area, and secured entry. Easy freeway access to I-90. Minutes to downtown shops, restaurants, the park-and-ride and future light rail. Pet Friendly. NO RENTAL CAP.

Last Listed By

Adam Moon

Windermere RE West Sound Inc. License #113610 Listed on: 12/01/2020

Windermere RE West Sound Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1693769

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,434

Year Built

  • Built in 1968

Lot Details

  • 1.35

Home Design

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

Interior Spaces

  • 3-Story Property
  • Territorial Views

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 7312600150

Community Details

Overview

  • 9 Units
  • Downtown Community

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,434

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
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 671

Exterior Features

  • Exterior: Cement Planked
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport, Uncovered

Utilities

  • Heating And Cooling: Wall

Condo/Co-op/Association

  • Numberof Units in Building: 9
  • Numberof Units In Complex: 32
  • HOA Fees: 434
  • Community Name: Downtown
  • Project: Ridgewood at Island Crest
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: Gloria Bernard (425) 452-7330
  • Association Contact: Chris Stapper (206) 851-6011
  • Common Property Features: Elevator, Fire Sprinklers, Game/Rec Rm, Lobby Entrance, Pool-Outdoor, Sauna
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Snow Removal, Road Maintenance, Common Area Maintenance, Security Services, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, 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
  • Lot Sq Ft: 58806
  • Parcel Number: 7312600150

Tax Info

  • Tax Amount: 3087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Apr 1, 2021
Sold by
Stapper Christopher J
Bought by
Panelli Nicolas Ryan
Seller's Agent
Adam Moon
Windermere RE West Sound Inc.
Buyer's Agent
Doug McKiernan
Windermere Mercer Island
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Total Days on Market
87
Current Estimated Value
$494,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,759
Avg. Annual Appreciation
4.82%
Original Mortgage
$336,000
Outstanding Balance
$307,727
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$202,845

Purchase Details

Closed on
Feb 11, 2010
Sold by
Resource Transition Consultants Llc
Bought by
Stapper Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
5.02%

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
Panelli Nicolas Ryan $420,000 Chicago Title Company Of Wa
Stapper Christopher J $265,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panelli Nicolas Ryan $336,000
Previous Owner Stapper Christopher J $198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $420,000 -6.5% $626 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $449,000 -- $669 / 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 $2,434 $369,000 $118,000 $251,000
2023 $2,715 $455,000 $116,500 $338,500
2022 $2,836 $440,000 $113,600 $326,400
2021 $3,017 $383,000 $113,600 $269,400
2020 $3,087 $375,000 $113,600 $261,400
2018 $2,597 $362,000 $113,600 $248,400
2017 $2,103 $298,000 $113,600 $184,400
2016 $2,134 $257,000 $113,600 $143,400
2015 $2,154 $254,000 $113,600 $140,400
2014 -- $245,000 $110,600 $134,400
2013 -- $179,000 $109,300 $69,700
Source: Public Records

Agents Affiliated with this Home

  • Adam Moon

    Seller's Agent in 2021

    Adam Moon

    Windermere Real Estate West Sound Inc.

    (360) 471-4678

    Section Image
  • Doug McKiernan

    Buyer's Agent in 2021

    Doug McKiernan

    Windermere Corporate

    (206) 369-3949

    1 in this area

    49 Total Sales

    Doug McKiernan
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1693769

Northwest Multiple Listing Service (NWMLS)

APN: 731260-0150

Washington King County Mercer Island 98040 Shorewood

3204 81st Place SE Unit 301, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 3204 81st Place SE Unit 301, Mercer Island, WA 98040 since 01 December 2020 and is currently estimated at $494,759, approximately $737 per square foot. This property was built in 1968. 3204 81st Place SE Unit 301 is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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