Listed by Windermere Mercer Island, Bought with Globenex Realty
NOT LISTED FOR SALE

3218 80th Ave SE Unit 418 Mercer Island, WA 98040

Mercerdale Neighborhood

Estimated Value: $620,288 - $758,000

2 Beds
2 Baths
1,145 Sq Ft
3.13 Acres

Last Sold April 10, 2017

Last sale price $480,000 $419 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,871/month

7 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Open Space
  • West Mercer Elementary School Rated A+
  • Corner Lot
  • 3-minute walk to Mercerdale Park

About This Home

As of April 2017

Enjoy great schools, parks, restaurants, & nearby amenities from this downtown Mercer Island condo. Smart floor plan w/generous living spaces, all new appliances in the kitchen, master bedroom w/ full ensuite bath/walk-in closet, and a second bedroom/bathroom. Living room w/fireplace opens to covered patio/balcony. Expansive windows bring in natural light. Easy walk-up, washer/dryer hook-ups in the unit, covered parking, storage, clubhouse/pool, no rental cap and 10 min to Seattle & Bellevue.

Last Agent to Sell the Property

Kathryn Lerner

Windermere Mercer Island License #112452 Listed on: 02/21/2017

Windermere Mercer Island

Last Buyer's Agent

Jessica Chin

Globenex Realty License #107578

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1075401

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • Open Space

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Carport
  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 9520300220

Community Details

Overview

  • 18 Units
  • Downtown Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Carport
  • Storage Number: 41
  • Estimated Sq Ft: 1145

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport, Off Street, Uncovered
  • Parking Space Number: 26

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 18
  • Numberof Units In Complex: 76
  • HOA Fees: 376
  • Community Name: Downtown
  • Project: Woodlake
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: Fred Arpin (206) 351-4768
  • Association Contact: Management Trust (425) 897-3400
  • Common Property Features: Cable Tv, Club House, Game/Rec Rm, High Speed Int Avail, Outside Entry
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath, Top Floor

Schools

  • School District: MIS

Lot Info

  • Lot Details: Corner Lot, Curbs, Open Space, Paved Street, Sidewalk
  • Lot Sq Ft: 136145
  • Parcel Number: 9520300220

Tax Info

  • Tax Amount: 402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Apr 4, 2017
Sold by
Reid Martha J
Bought by
Fong Maggi
Seller's Agent
Kathryn Lerner
Windermere Mercer Island
Buyer's Agent
Jessica Chin
Globenex Realty
List Price
$439,950
Sold Price
$480,000
Premium/Discount to List
$40,050
9.1%
Current Estimated Value
$678,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,822
Avg. Annual Appreciation
4.07%
Original Mortgage
$384,000
Outstanding Balance
$319,108
Interest Rate
4.16%
Estimated Equity
$359,715

Purchase Details

Closed on
May 1, 1984
Sold by
Lindenberger Manfred and Lindenberger Betty
Bought by
Reid Martha J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fong Maggi $480,000 Fidelity Natio
Reid Martha J $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Maggi $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2017 04/10/17 Sold $480,000 +9.1% $419 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $439,950 -- $384 / 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 $3,599 $547,000 $139,300 $407,700
2023 $3,549 $563,000 $139,300 $423,700
2022 $3,520 $576,000 $137,500 $438,500
2021 $3,961 $476,000 $137,500 $338,500
2020 $4,043 $493,000 $137,500 $355,500
2018 $3,516 $463,000 $137,500 $325,500
2017 $393 $404,000 $137,500 $266,500
2016 $402 $332,000 $137,500 $194,500
2015 $412 $287,000 $137,500 $149,500
2014 -- $266,000 $134,000 $132,000
2013 -- $214,000 $134,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Lerner

    Seller's Agent in 2017

    Kathryn Lerner

    Windermere Corporate

    (206) 406-9613

    19 Total Sales

    Kathryn Lerner
    Section Image
  • Jessica Chin

    Buyer's Agent in 2017

    Jessica Chin

    Globenex Realty

    (425) 351-5268

    7 Total Sales

    Jessica Chin
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1075401

Northwest Multiple Listing Service (NWMLS)

APN: 952030-0220

Washington King County Mercer Island 98040 Mercerdale

3218 80th Ave SE Unit 418, Mercer Island, WA

Not Listed for Sale

Condos

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Based on information submitted to the MLS GRID

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