Listed by COMPASS, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

3212 81st Place SE Unit 202 Mercer Island, WA 98040

Shorewood Neighborhood

Estimated Value: $605,000 - $697,000

2 Beds
1.5 Baths
968 Sq Ft
$753/mo HOA Fee

Last Sold September 18, 2024

Last sale price $610,000 $630 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,371/month

9 Days on Market

Highlights

  • Lake View
  • Clubhouse
  • Property is near public transit
  • Northwood Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of September 2024

Quiet, cozy, remodeled west-facing corner unit in a secure building with elevator access. This unit features a private patio with peek-a-boo views of Lake WA and offers easy access to I-90 and Downtown. The open layout includes a modern designer kitchen with a large island, new quartz countertops, fresh cabinets, and SS appliances, offering an easy flow between the living and dining spaces. The Ridgewood community offers a year-round maintained outdoor pool with a BBQ area, clubhouse, kitchen, and sauna. Other amenities include an in-unit washer and dryer, two parking spaces (40 & 33), and it is pet-friendly with NO RENTAL CAP. This building is ADA-friendly and located in the top-rated Mercer Island School District. Welcome home!

Last Agent to Sell the Property

Dio Chang

COMPASS License #129800 Listed on: 08/28/2024

COMPASS

Last Buyer's Agent

Maggie Sun

Keller Williams Rlty Bellevue License #23018680

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2273904

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,066

Year Built

  • Built in 1968

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $753 Monthly HOA Fees

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 968 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Northwood Elementary School
  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Cooling System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include central hot water, common area maintenance, earthquake insurance, garbage, lawn service, sewer, water
  • 32 Units
  • Emb Management Association
  • Secondary HOA Phone (425) 452-7330
  • Ridgewood At Island Crest Condos
  • Mercer Island Subdivision

Amenities

  • Community Garden
  • Sauna
  • Clubhouse
  • Elevator
  • Lobby

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,066

Year Built

Built in 1968

Lot Details

0

HOA Fees

$753 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Ridgewood At Island Crest
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 968
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows
  • SOCComments: Thank you!
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2273904?w=Consumer&agent=114247
  • Special Features: None

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Hardwood, Washer
  • 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: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • WindowCoverings: Yes
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 33 & 40

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Laundry Closet

Condo/Co-op/Association

  • Community Features: Cable TV, Club House, Elevator, Garden Space, High Speed Int Avail, Lobby Entrance, Pool, Sauna
  • Senior Community: No
  • Association Fee: 753
  • Association Fee Frequency: Monthly
  • Phone: 425-452-7330
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium
  • AssociationContactName: EMB Management
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Clubhouse,Elevator,Garden Space,High Speed Int Avail,Lobby Entrance,Pool-Outdoor,Sauna

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 7312600290
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4065.93

Multi Family

  • Number Of Units In Community: 32
  • EnergySource: Electric
  • UnitsInBuildingTotal: 9

MLS Schools

  • Elementary School: Northwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Sep 17, 2024
Sold by
Yoo Ann
Bought by
Shi
Seller's Agent
Dio Chang
COMPASS
Buyer's Agent
Maggie Sun
Keller Williams Rlty Bellevue
List Price
$599,950
Sold Price
$610,000
Premium/Discount to List
$10,050
1.68%
Views
27
Current Estimated Value
$632,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,933
Avg. Annual Appreciation
3.68%

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 16, 2020
Sold by
Rowe Matthew
Bought by
Yoo Ann
Seller's Agent
Scott Whittlesey
Windermere Real Estate/East
Buyer's Agent
Marianne Barkman
John L. Scott, Inc.
List Price
$540,000
Sold Price
$543,000
Premium/Discount to List
$3,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2018
Sold by
Orser Laura B and Pohiman Benjamin J
Bought by
Rowe Matthew

Purchase Details

Closed on
Mar 14, 2016
Sold by
Orser Laura B
Bought by
Orser Laura B and Polman Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
3.65%

Purchase Details

Closed on
May 5, 2010
Sold by
Resource Transition Consultants Llc
Bought by
Orser Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.94%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Shi $610,000 Chicago Title
Yoo Ann $543,000 Cw Title
Rowe Matthew $540,000 Cw Title
Orser Laura B -- Ticor National
Orser Laura B $329,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yoo Ann $510,400
Previous Owner Orser Laura B $254,000
Previous Owner Orser Laura B $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $610,000 +1.7% $630 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $599,950 +10.5% $620 / Sq Ft
12/24/2020 12/24/20 Sold $543,000 +0.6% $561 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $540,000 -- $558 / 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 $3,141 $477,000 $170,300 $306,700
2023 $4,085 $591,000 $168,200 $422,800
2022 $3,689 $563,000 $163,900 $399,100
2021 $3,841 $499,000 $163,900 $335,100
2020 $3,924 $478,000 $163,900 $314,100
2018 $3,429 $471,000 $163,900 $307,100
2017 $2,607 $394,000 $163,900 $230,100
2016 $2,627 $319,000 $163,900 $155,100
2015 $2,687 $313,000 $163,900 $149,100
2014 -- $306,000 $159,700 $146,300
2013 -- $223,000 $157,800 $65,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2273904

Northwest Multiple Listing Service (NWMLS)

APN: 731260-0290