Excellent potential in a great location at a fabulous price! Partially remodeled 2 BR, 1BA condo which boasts new flooring, granite countertops and a huge deck! Gain some sweat equity. Walk to Luther Burbank Park, or jump on the park in ride less than a block from the Mercer Isle condos for an easy commute to the eastside or Seattle. Well managed and popular community with beatiful grounds that are maintained year round.
Sold for $375,000
$375,000
2500 81st Ave SE APT 314, Mercer Island, WA 98040
2beds
1baths
965sqft
Apartment
Built in 1960
-- sqft lot
$373,700 Zestimate®
$389/sqft
$2,567 Estimated rent
Home value
$373,700
$348,000 - $404,000
$2,567/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Radiant, Electric
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 965 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: Territorial
Lot
- Size: 2.67 Acres
Details
- Parcel number: 5451500820
Construction
Type & style
- Home type: Apartment
Materials
- wood frame
- Roof: Other
Condition
- Year built: 1960
Community & HOA
Community
- Features: On Site Laundry Available
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $389/sqft
- Tax assessed value: $397,000
- Annual tax amount: $2,606
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2024 | Sold | $375,000-3.6%$389/sqft |
Source: Public Record Report a problem | ||
| 10/13/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/3/2023 | Listed for rent | $2,295+12%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2019 | Listing removed | $2,050$2/sqft |
Source: Windermere Real Estate Midtown Report a problem | ||
| 4/6/2019 | Price change | $2,050-4.7%$2/sqft |
Source: Windermere Real Estate Sand Point Report a problem | ||
| 3/7/2019 | Listed for rent | $2,150+19.4%$2/sqft |
Source: Windermere Real Estate Sand Point Report a problem | ||
| 2/28/2019 | Sold | $389,000$403/sqft |
Source:  NWMLS as distributed by MLS GRID #1404230 Report a problem | ||
| 2/1/2019 | Pending sale | $389,000$403/sqft |
Source: John L Scott Real Estate #1404230 Report a problem | ||
| 1/26/2019 | Listed for sale | $389,000+116.1%$403/sqft |
Source: John L Scott Real Estate #1404230 Report a problem | ||
| 1/14/2019 | Listing removed | $1,800$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/10/2019 | Price change | $1,800-14.3%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/21/2018 | Listed for rent | $2,100$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/30/2013 | Sold | $180,000+5.1%$187/sqft |
Source: Public Record Report a problem | ||
| 1/12/2011 | Sold | $171,250+14.2%$177/sqft |
Source: NWMLS as distributed by MLS GRID #99913 Report a problem | ||
| 11/5/2010 | Pending sale | $150,000$155/sqft |
Source: Coldwell Banker Bain Associates #99913 Report a problem | ||
| 9/23/2010 | Price change | $150,000-9.1%$155/sqft |
Source: Coldwell Banker Bain Associates #99913 Report a problem | ||
| 8/13/2010 | Price change | $165,000-5.7%$171/sqft |
Source: Coldwell Banker Bain Associates #99913 Report a problem | ||
| 8/6/2010 | Price change | $175,000-5.4%$181/sqft |
Source: Coldwell Banker Bain Associates #99913 Report a problem | ||
| 7/24/2010 | Price change | $185,000-5.1%$192/sqft |
Source: Coldwell Banker Bain Associates #99913 Report a problem | ||
| 7/10/2010 | Listed for sale | $195,000-38.1%$202/sqft |
Source: Coldwell Banker Bain Associates #99913 Report a problem | ||
| 3/24/2010 | Listing removed | $315,000$326/sqft |
Source: Keller Williams / Western Realty #29041548 Report a problem | ||
| 1/23/2010 | Listed for sale | $315,000$326/sqft |
Source: Keller Williams / Western Realty #29041548 Report a problem | ||
| 11/8/2009 | Listing removed | $315,000$326/sqft |
Source: Keller Williams / Western Realty #29041548 Report a problem | ||
| 11/1/2009 | Listed for sale | $315,000$326/sqft |
Source: Keller Williams / Western Realty #29041548 Report a problem | ||
| 8/28/2009 | Listing removed | $315,000$326/sqft |
Source: Keller Williams Western Realty #29041548 Report a problem | ||
| 7/9/2009 | Price change | $315,000-7.4%$326/sqft |
Source: Keller Williams Western Realty #29041548 Report a problem | ||
| 3/29/2009 | Listed for sale | $340,000+120.8%$352/sqft |
Source: Keller Williams Western Realty #29041548 Report a problem | ||
| 3/29/2004 | Sold | $154,000+4.8%$160/sqft |
Source: Public Record Report a problem | ||
| 2/22/2002 | Sold | $147,000+86.1%$152/sqft |
Source: Public Record Report a problem | ||
| 5/16/1995 | Sold | $79,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,606 +12.5% | $397,000 +13.1% |
| 2024 | $2,316 -23.8% | $351,000 -20% |
| 2023 | $3,039 +17.2% | $439,000 +4.5% |
| 2022 | $2,593 -13.3% | $420,000 +4% |
| 2021 | $2,990 -1.9% | $404,000 +6.6% |
| 2020 | $3,049 -2.7% | $379,000 -4.1% |
| 2019 | $3,135 +12.2% | $395,000 +6.8% |
| 2018 | $2,793 +5.5% | $370,000 +21.7% |
| 2017 | $2,649 +43.3% | $304,000 +17.8% |
| 2016 | $1,848 | $258,000 +14.2% |
| 2015 | $1,848 | $226,000 +7.6% |
| 2014 | $1,848 | $210,000 +37.3% |
| 2013 | $1,848 | $153,000 +7.7% |
| 2012 | -- | $142,000 -4.7% |
| 2011 | -- | $149,000 -26.2% |
| 2010 | -- | $202,000 |
| 2009 | -- | $202,000 +8% |
| 2007 | -- | $187,000 +12.7% |
| 2006 | -- | $166,000 +5.7% |
| 2005 | -- | $157,000 +57.5% |
| 2001 | $958 +28.1% | $99,700 +41.6% |
| 2000 | $748 | $70,400 |
Find assessor info on the county website
Neighborhood: 98040
Nearby homes
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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
Schools provided by the listing agent
- Elementary: Northwood Elem
- Middle: Islander Mid
- High: Mercer Isl High
- District: MIS
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
$373,700
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
$373,700
- Washington
- King County
- Mercer Island
- 98040
- Mercer Island
- 2500 81st Ave SE Apartment 314
Nearby cities
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