Listed by Windermere Real Estate/East
$565,000
$70K PRICE DROP

3208 81st Place SE Unit 102 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated payment $4,183/month

Total Views 17,605
2 Beds
1.5 Baths
940 Sq Ft
$601 Price per Sq Ft

Highlights

  • Lake View
  • Property is near public transit
  • Community Indoor Pool
  • Northwood Elementary School Rated A
  • Engineered Wood Flooring
  • 4-minute walk to Mercerdale Park

About This Home

Amazing location! Ask us about Seller paid rate buy down or prepaid homeowner’s dues! Open kitchen & living space. No stairs necessary to get to this unit, providing gentle access, privacy & convenience - Info available on elevator. Large covered parking space, pet friendly community w/ NO RENTAL CAP. Public transportation, light-rail opening early 2026 + neighborhood shopping & dining in this vibrant town center, just a short stroll from home. Situated in a highly sought-after & safe community + top-rated Mercer Island school district. Building amenities include sunny pool area, soothing sauna and game/movie room. ADA accessible, ground-floor unit, plus building elevator.

Listing Agent

Scott Whittlesey

Windermere Real Estate/East License #93779 Listed on: 03/06/2025

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2341302

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,954

Year Built

  • Built in 1968

HOA Fees

  • $732 Monthly HOA Fees

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Bitumen Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 940 Sq Ft Home
  • 3-Story Property

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Central Living Area
  • Accessible Utilities
  • Accessible Approach with Ramp
  • Accessible Entrance

Utilities

  • Baseboard Heating
  • Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, sewer, trash, water
  • 8 Units
  • Emb Management Association
  • Secondary HOA Phone (425) 452-7330
  • Ridgewood Condominiums
  • Mercer Island Subdivision
  • Park Phone (425) 452-7330 | Manager EMB Management

Amenities

  • Sauna
  • Game Room
  • Recreation Room

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,954

Year Built

Built in 1968

Lot Details

0

HOA Fees

$732 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bath, Accessible Bedroom, Accessible Central Living Area, Accessible Elevator Installed, Accessible Entrance, Accessible Kitchen, Accessible Utility
  • Year Built: 1968
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Ridgewood Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 940
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • UnitFeatures: Balcony/Deck/Patio
  • SOCComments: Thank you!
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2341302?w=Consumer&agent=64581
  • Special Features: None
  • Cumulative Days on Market: 141

Interior Features

  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Engineered Hardwood, Stone
  • Interior Amenities: Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • WindowCoverings: Yes

Exterior Features

  • Roof: Flat, Torch Down
  • View: City, Lake, Mountain(s)
  • View: Yes
  • Waterfront: No
  • Construction Type: Stone, Wood
  • Exterior Features: Stone, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 37

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Elevator, Game/Rec Rm, Indoor Pool, Sauna
  • Park Manager Name: EMB Management
  • Park Manager Phone: 425-452-7330
  • Senior Community: No
  • Association Fee: 732
  • Association Fee Frequency: Monthly
  • Phone: 425-452-7330
  • Association: Yes
  • Pets Allowed: See Remarks
  • AssociationContactName: EMB Management
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Game/Rec Rm,Pool-Indoor,Sauna

Fee Information

  • Association Fee Includes: Common Area Maintenance, Sewer, Trash, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Mercer Island
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7312600190
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Owners Records

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3954

Multi Family

  • Number Of Units In Community: 8
  • EnergySource: Electric
  • UnitsInBuildingTotal: 32

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,029 $460,000 $165,600 $294,400
2023 $3,954 $572,000 $163,500 $408,500
2022 $3,491 $542,000 $159,400 $382,600
2021 $3,713 $472,000 $159,400 $312,600
2020 $3,790 $462,000 $159,400 $302,600
2018 $3,325 $454,000 $159,400 $294,600
2017 $2,502 $382,000 $159,400 $222,600
2016 $2,493 $306,000 $159,400 $146,600
2015 $2,530 $297,000 $159,400 $137,600
2014 -- $288,000 $155,200 $132,800
2013 -- $209,000 $153,400 $55,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 Price Changed $565,000 -1.7% $601 / Sq Ft
06/13/2025 06/13/25 Price Changed $575,000 0.0% $612 / Sq Ft
06/13/2025 06/13/25 For Sale $575,000 -3.4% $612 / Sq Ft
06/05/2025 06/05/25 Off Market $595,000 -- --
05/10/2025 05/10/25 Price Changed $595,000 -1.7% $633 / Sq Ft
04/21/2025 04/21/25 Price Changed $605,000 -4.7% $644 / Sq Ft
03/06/2025 03/06/25 For Sale $635,000 +119.8% $676 / Sq Ft
10/15/2014 10/15/14 Sold $288,950 -0.3% $336 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
09/22/2014 09/22/14 Price Changed $289,950 -3.3% $338 / Sq Ft
09/09/2014 09/09/14 Price Changed $299,950 0.0% $349 / Sq Ft
09/09/2014 09/09/14 For Sale $299,950 -2.3% $349 / Sq Ft
08/24/2014 08/24/14 Pending -- -- --
08/13/2014 08/13/14 Price Changed $306,950 -2.5% $357 / Sq Ft
07/17/2014 07/17/14 For Sale $314,950 -- $367 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Servicelink
Warranty Deed $288,950 Nextitle
Warranty Deed $309,990 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,000 New Conventional
Closed $213,750 No Value Available
Previous Owner $278,991 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2341302

Northwest Multiple Listing Service (NWMLS)

APN: 731260-0190