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Off market
    • $315,500

    2500 81st Ave SE APT 124, Mercer Island, WA 98040

    1beds
    715sqft
    Condo
    Built in 1960
    -- sqft lot
    $315,500 Zestimate®
    $441/sqft
    $1,998 Estimated rent

    Home value

    $315,500

    $297,000 - $334,000

    $1,998/mo

    Zestimate® history
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    $2,351/mo

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    What's special

    Great buy on Mercer Island! 1 bed condo, spacious light filled interior, large deck. Assigned parking & large storage included. Secure entrance, elevator, prof managed, no rental cap. Remodeled in 2014. Highly rated school district. Ideal location just steps away from the transit center, future light rail station,MI shopping & dining, bike trail, Community Center, Luther Burbank Park. Commuters dream just minutes to Downtown Seattle & Bellevue!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Radiant, Electric
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Linoleum / Vinyl
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 715 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off-street
    Features
    • Exterior features: Stucco, Wood, Brick
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 2.67 Acres
    Details
    • Parcel number: 5451500240

    Construction

    Type & style
    • Home type: Condo
    Materials
    • wood frame
    • Roof: Other
    Condition
    • Year built: 1960

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $412 monthly
    Location
    • Region: Mercer Island

    Financial & listing details

    • Price per square foot: $441/sqft
    • Tax assessed value: $320,000
    • Annual tax amount: $2,105

    Price history

    DateEventPrice
    8/28/2024Listing removed$1,850$3/sqft
    Source: Zillow Rentals Report a problem
    8/17/2024Price change$1,850-2.6%$3/sqft
    Source: Zillow Rentals Report a problem
    8/14/2024Price change$1,900-2.6%$3/sqft
    Source: Zillow Rentals Report a problem
    8/9/2024Listed for rent$1,950$3/sqft
    Source: Zillow Rentals Report a problem
    7/28/2021Sold$335,000-2.6%$469/sqft
    Source: NWMLS as distributed by MLS GRID #1746322 Report a problem
    6/29/2021Pending sale$344,000$481/sqft
    Source: NWMLS as distributed by MLS GRID #1746322 Report a problem
    6/25/2021Price change$344,000-2.8%$481/sqft
    Source: NWMLS as distributed by MLS GRID #1746322 Report a problem
    5/28/2021Price change$354,000-1.4%$495/sqft
    Source: NWMLS as distributed by MLS GRID #1746322 Report a problem
    3/23/2021Listed for sale$359,000+8.8%$502/sqft
    Source: NWMLS as distributed by MLS GRID #1746322 Report a problem
    5/6/2020Sold$330,000-5.7%$462/sqft
    Source: NWMLS as distributed by MLS GRID #1584853 Report a problem
    4/26/2020Pending sale$350,000$490/sqft
    Source: John L Scott Real Estate #1584853 Report a problem
    4/18/2020Listed for sale$350,000+175.6%$490/sqft
    Source: John L Scott Real Estate #1584853 Report a problem
    4/21/2004Sold$127,000$178/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,105 +17%$320,000 +17.6%
    2024$1,799 -23.9%$272,000 -20.2%
    2023$2,365 +15.2%$341,000 +2.7%
    2022$2,054 -11.8%$332,000 +5.7%
    2021$2,328 -1%$314,000 +7.5%
    2020$2,353 -2.3%$292,000 -3.6%
    2019$2,409 +11.8%$303,000 +6.3%
    2018$2,155 +14.3%$285,000 +31.9%
    2017$1,886 +26.6%$216,000 +16.8%
    2016$1,490 $185,000 +3.9%
    2015$1,490 $178,000 +5.3%
    2014$1,490 $169,000 +35.2%
    2013$1,490 $125,000 +11.6%
    2012-- $112,000 -11.8%
    2011-- $127,000 -24.4%
    2010-- $168,000
    2009-- $168,000 +11.3%
    2007-- $151,000 +12.7%
    2006-- $134,000 +5.5%
    2005-- $127,000 +56%
    2001$783 +22.5%$81,400 +35.4%
    2000$640 $60,100
    Find assessor info on the county website

    Neighborhood: 98040

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Islander Mid
    • High: Mercer Isl High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $315,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $315,500

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