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  • Listed by: RSVP Brokers ERA • Ann Shen
    Bought with: Pellego, Inc.
    $388,000

    3212 SE 81st Place #C203, Mercer Island, WA 98040

    1beds
    656sqft
    Condominium
    Built in 1968
    -- sqft lot
    $386,700 Zestimate®
    $591/sqft
    $2,240 Estimated rent

    Home value

    $386,700

    $360,000 - $418,000

    $2,240/mo

    Zestimate® history
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    What's special

    Ne-facing corner unitBbq areaEating barStainless appliancesGranite counters
    Effective Year Built: 1996. A well-maintained NE-facing corner unit in a prime commuter location—just minutes to I-90 and only a 12–15 minute walk (0.7–0.8 miles) to the new Mercer Island Light Rail Station, offering fast, car-free access to Seattle, Bellevue, South Lake Union, and major Eastside tech employers. This unmatched transit convenience drives strong rental demand, making the home an exceptional investment opportunity. The unit features granite counters, stainless appliances, an eating bar, and a private deck overlooking the pool and greenery. Quiet bedroom with minimal shared walls and peaceful views. Community amenities include a pool, sauna, clubhouse, BBQ area, secure entry, and elevator. One assigned parking space. Pet-friendly with no rental cap, providing excellent long-term flexibility for investors and owners alike.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ann Shen,

    RSVP Brokers ERA

    Bought with:

    Marina Burns, 20109467

    Pellego, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2495739MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Wall Furnace, Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
    Features
    • Flooring: Ceramic Tile, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 656
    • Total interior livable area: 656 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport, Off Street, Uncovered
    • Has carport: Yes
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: End Unit
    • Has view: Yes
    • View description: Bay, City
    • Has water view: Yes
    • Water view: Bay
    Lot
    • Size: 1.35 Acres
    Details
    • Parcel number: 7312600300
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Condo (1 Level)
    • Property subtype: Condominium
    Materials
    • Cement Planked, Cement Plank
    • Roof: Flat
    Condition
    • Year built: 1968
    • Major remodel year: 1996

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Company: HOA
    • Water: Company: HOA

    Community & HOA

    Community
    • Features: Clubhouse, Elevator, Pool, Sauna
    • Subdivision: Downtown
    HOA
    • Services included: Common Area Maintenance, Sewer, Snow Removal, Water
    • HOA fee: $575 monthly
    Location
    • Region: Mercer Island

    Financial & listing details

    • Price per square foot: $591/sqft
    • Annual tax amount: $2,534
    • Date on market: 5/14/2026
    • Cumulative days on market: 98 days
    • Listing terms: Conventional
    • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
    • Total actual rent: 2300

    Price history

    DateEventPrice
    7/20/2026Sold$388,000-2.5%$591/sqft
    Source: NWMLS as distributed by MLS GRID #2495739 Report a problem
    6/28/2026Pending sale$398,000$607/sqft
    Source: NWMLS as distributed by MLS GRID #2495739 Report a problem
    5/4/2026Price change$398,000-4.8%$607/sqft
    Source: NWMLS as distributed by MLS GRID #2495739 Report a problem
    3/23/2026Listed for sale$418,000$637/sqft
    Source: NWMLS as distributed by MLS GRID #2495739 Report a problem
    9/23/2025Listing removed$2,095$3/sqft
    Source: Zillow Rentals Report a problem
    8/5/2025Price change$2,095-4.6%$3/sqft
    Source: Zillow Rentals Report a problem
    7/22/2025Price change$2,195-6.6%$3/sqft
    Source: Zillow Rentals Report a problem
    7/16/2025Listed for rent$2,350+3.1%$4/sqft
    Source: Zillow Rentals Report a problem
    6/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/31/2024Listed for rent$2,280+34.1%$3/sqft
    Source: Zillow Rentals Report a problem
    5/17/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/1/2023Listed for rent$1,700$3/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 98040

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $386,700
    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
    $386,700