NOT LISTED FOR SALE

3208 81st Place SE Unit D302 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $610,085 - $744,000

2 Beds
1 Bath
972 Sq Ft
1.37 Acres

Last Sold January 26, 2017

Last sale price $470,000 $484 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,158/month

33 Days on Market

Highlights

  • Lake View
  • Wall to Wall Carpet
  • 4-minute walk to Mercerdale Park
  • Northwood Elementary School Rated A

About This Home

As of January 2017

Penthouse condo w/ great views of downtown Mercer Island & Lake Washington. Spacious floor plan w/ hardwoods & designer finishes. Kitchen features slab granite surfaces, ss appliances & solid wood shaker cabinets. Master suite has ensuite bathroom w/ walk-in shower & lrg walk-in closet! 2nd bdrm & full bathroom. Living space features deck that enjoys its own lake view. Property features pool w/ BBQ area & clubhouse w/ full kitchen! Excellent location, coveted schools & just min to I90!

Last Listed By

Katie Kepler

Heaton Dainard, LLC License #85588 Listed on: 10/13/2016

Heaton Dainard, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1041801

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,226

Year Built

  • Built in 1968

Lot Details

  • Street terminates at a dead end

Parking

  • Carport

Property Views

  • Lake
  • City

Home Design

  • Flat Roof Shape
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • Wall to Wall Carpet

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 7312600240

Community Details

Overview

  • 8 Units
  • Mercer Island Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,226

Year Built

Built in 1968

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: 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
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 972

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 41

Utilities

  • Heating And Cooling: Wall

Condo/Co-op/Association

  • Numberof Units in Building: 8
  • Numberof Units In Complex: 32
  • HOA Fees: 477
  • Community Name: Mercer Island
  • 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, Walk-In Closet

Schools

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

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Parcel Number: 7312600240

Tax Info

  • Tax Amount: 2828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Jan 23, 2017
Sold by
King Courtney and Leybold Tana
Bought by
Koo Lok
Seller's Agent
Katie Kepler
Heaton Dainard, LLC
Buyer's Agent
Denise McJunkin
eXp Realty
List Price
$479,999
Sold Price
$470,000
Premium/Discount to List
-$9,999
-2.08%
Total Days on Market
33
Current Estimated Value
$694,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,771
Avg. Annual Appreciation
4.80%
Original Mortgage
$358,000
Interest Rate
3.62%

Purchase Details

Closed on
Mar 12, 2009
Sold by
Cw Iii Investments Llc
Bought by
Leybold Tana and King Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.19%

Purchase Details

Closed on
Feb 27, 2009
Sold by
King Joshua D
Bought by
King Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.19%

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
Koo Lok $470,000 Fidelity Natio
Leybold Tana $400,000 Pacific Nw Tit
King Courtney -- Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koo Lok $290,000
Closed Koo Lok $358,000
Previous Owner Leybold Tana $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $470,000 -2.1% $484 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $479,999 -- $494 / 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 $3,226 $490,000 $171,300 $318,700
2023 $3,524 $598,000 $169,100 $428,900
2022 $3,800 $572,000 $164,900 $407,100
2021 $3,889 $514,000 $164,900 $349,100
2020 $3,979 $484,000 $164,900 $319,100
2018 $3,455 $478,000 $164,900 $313,100
2017 $2,770 $397,000 $164,900 $232,100
2016 $2,828 $339,000 $164,900 $174,100
2015 $2,897 $337,000 $164,900 $172,100
2014 -- $330,000 $160,600 $169,400
2013 -- $242,000 $158,700 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1041801

Northwest Multiple Listing Service (NWMLS)

APN: 731260-0240