RARE find! 3 bed/2 bath fully remodeled MI Condo! Welcome cash investors ~ No Rental Cap! Light & bright unit lives large with 1720 SF with two large living rooms & split bedrooms featuring ensuite bath in Primary and electric blinds in all bedrooms. Across the unit is the second luxurious bathroom near the two additional bedrooms. Use all 3 as bedrooms or dedicate one as Home Office. Kitchen features SS appliances, and bespoke granite countertops. Washer/Dryer in unit. Enjoy sunsets on the 40-foot veranda beyond the wall of windows! Unit comes with dedicated off-street parking and is near shops, restaurants, and the beach. The park-n-ride and upcoming Light Rail are steps from your front door. Great School District. Don’t miss this gem!
Sold
Listed by: Newberry Realty, Inc. • Julie Furlong
Bought with: Real Broker LLC
$590,000
2500 81st Avenue SE #117, Mercer Island, WA 98040
3beds
1,720sqft
Multi Family, Condominium
Built in 1960
-- sqft lot
$585,000 Zestimate®
$343/sqft
$3,805 Estimated rent
Home value
$585,000
$538,000 - $638,000
$3,805/mo
Zestimate® history
Owner options
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$4,871/mo
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Est. payment
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Light and bright unitDedicated off-street parkingEnsuite bathLuxurious bathroomSplit bedroomsBespoke granite countertopsElectric blinds
Zillow last checked:
Listing updated:
Listed by:
Julie Furlong,
Newberry Realty, Inc.
Bought with:
Jun Lee, 24009037
Real Broker LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2423070
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Description: ensuite to Primary
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Radiant, Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: electric, Water Heater Location: Laundry Room, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Ceramic Tile, Laminate, Carpet
- Windows: Insulated Windows, Coverings: yes
- Has fireplace: No
Interior area
- Total structure area: 1,720
- Total interior livable area: 1,720 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street
Features
- Levels: Three Or More
- Entry location: Main
- Patio & porch: Cooking-Electric, Dryer-Electric, Insulated Windows, Primary Bathroom, Washer, Water Heater
- Has view: Yes
- View description: City, Territorial
Details
- Parcel number: 5451500170
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Condo (3 Levels)
- Property subtype: Multi Family, Condominium
Materials
- Brick, Wood Siding
- Roof: Flat,Torch Down
Condition
- Year built: 1960
- Major remodel year: 1970
Utilities & green energy
- Electric: Company: PSE
- Sewer: Company: HOA
- Water: Company: HOA
- Utilities for property: Xfinity, Xfinity
Green energy
- Energy efficient items: Insulated Windows
Community & HOA
Community
- Features: Cable TV, Elevator
- Subdivision: North End
HOA
- Services included: Common Area Maintenance, Earthquake Insurance, Maintenance Grounds, Road Maintenance, Sewer, Snow Removal, Water
- HOA fee: $1,275 monthly
- HOA phone: 206-641-9631
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $619,000
- Annual tax amount: $3,487
- Date on market: 11/2/2025
- Cumulative days on market: 262 days
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Sold | $590,000-6.3%$343/sqft |
Source:  NWMLS as distributed by MLS GRID #2423070 Report a problem | ||
| 9/11/2025 | Pending sale | $630,000$366/sqft |
Source: NWMLS as distributed by MLS GRID #2423070 Report a problem | ||
| 8/21/2025 | Listed for sale | $630,000+32.4%$366/sqft |
Source: NWMLS as distributed by MLS GRID #2423070 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/28/2017 | Listing removed | $5,000$3/sqft |
Source: Owner Report a problem | ||
| 10/29/2017 | Listed for rent | $5,000$3/sqft |
Source: Owner Report a problem | ||
| 3/27/2017 | Sold | $476,000+121.4%$277/sqft |
Source: NWMLS as distributed by MLS GRID #1068359 Report a problem | ||
| 10/22/2003 | Sold | $215,000-2.3%$125/sqft |
Source: Public Record Report a problem | ||
| 8/28/2000 | Sold | $220,000+16.4%$128/sqft |
Source: NWMLS as distributed by MLS GRID #20037283 Report a problem | ||
| 9/18/1998 | Sold | $189,000$110/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,052 +16.2% | $619,000 +16.8% |
| 2024 | $3,487 -21.9% | $530,000 -18% |
| 2023 | $4,463 +19.6% | $646,000 +6.6% |
| 2022 | $3,733 -10.8% | $606,000 +7.1% |
| 2021 | $4,182 -2.8% | $566,000 +5.6% |
| 2020 | $4,304 -1.8% | $536,000 -3.1% |
| 2019 | $4,382 +5.5% | $553,000 +0.4% |
| 2018 | $4,152 +5.8% | $551,000 +22.2% |
| 2017 | $3,923 +37.9% | $451,000 +19.9% |
| 2016 | $2,845 | $376,000 +9.3% |
| 2015 | $2,845 | $344,000 +6.2% |
| 2014 | $2,845 | $324,000 +29.6% |
| 2013 | $2,845 | $250,000 +5.5% |
| 2012 | -- | $237,000 +4.4% |
| 2011 | -- | $227,000 -23.6% |
| 2010 | -- | $297,000 |
| 2009 | -- | $297,000 -2.3% |
| 2007 | -- | $304,000 +12.6% |
| 2006 | -- | $270,000 +5.5% |
| 2005 | -- | $256,000 +50.9% |
| 2001 | $1,626 +24% | $169,600 +37% |
| 2000 | $1,312 | $123,800 |
Find assessor info on the county website
Neighborhood: 98040
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Nearby schools
GreatSchools rating
- 9/10Northwood Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 3.5 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$585,000
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Estimated market value
$585,000
- Washington
- King County
- Mercer Island
- 98040
- 2500 81st Avenue SE Unit 117
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