Discover the beautiful Buchan home nestled in coveted the Lakes community! An ideal floor plan includes a spacious living and dining room that flows seamlessly together, as well as a cozy breakfast area for gathering.The renovated kitchen features gorgeous honed & leathered granite counter top, custom cabinets, & Subzero frigerator and GE double ovens. Spread across the upper and main levels, four generously sized BRs, each with ample storage space and well designed bathrooms. With a comfortable den next to the primary suite and a bonus reached by a secondary stairway, this home is designed to meet the diverse needs. Large 3 car garage.This scenic community is famous for proximity to excellent schools, expansive playfields, and shoppings.
Sold
Listed by: COMPASS • Li, Xiaoliu 'Sheri'
Bought with: Coldwell Banker Bain
$3,120,000
7875 81st Place SE, Mercer Island, WA 98040
4beds
3,540sqft
Single Family Residence
Built in 1988
0.26 Acres Lot
$3,134,200 Zestimate®
$881/sqft
$7,656 Estimated rent
Home value
$3,134,200
$2.95M - $3.32M
$7,656/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Li, Xiaoliu 'Sheri',
COMPASS
Bought with:
Paula Holtzclaw, 85988
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2288858
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom three quarter
- Level: Second
Bathroom full
- Level: Main
Other
- Level: Main
Bonus room
- Level: Second
Den office
- Level: Second
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s), Garbage Disposal, Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Ceramic Tile, Hardwood, Marble, Carpet
- Doors: French Doors
- Windows: Double Pane/Storm Window
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Gas, Main Level: 2, Fireplace
Interior area
- Total structure area: 3,540
- Total interior livable area: 3,540 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached Garage
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hardwood, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.26 Acres
- Features: Patio, Sprinkler System
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 4141010350
- Zoning description: R9.6,Jurisdiction: City
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Wood Products
- Foundation: Poured Concrete
Condition
- Very Good
- Year built: 1988
Details
- Builder name: Buchan
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Mercer Island
- Water: Public, Company: City of Mercer Island
Community & HOA
Community
- Features: CCRs
- Subdivision: The Lakes
HOA
- HOA fee: $1,790 annually
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $881/sqft
- Tax assessed value: $2,966,000
- Annual tax amount: $17,356
- Date on market: 9/10/2024
- Cumulative days on market: 563 days
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2024 | Sold | $3,120,000+134.1%$881/sqft |
Source:  NWMLS as distributed by MLS GRID #2288858 Report a problem | ||
| 8/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/1/2023 | Listed for rent | $7,595$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/25/2014 | Sold | $1,333,000-3.1%$377/sqft |
Source: NWMLS as distributed by MLS GRID #580530 Report a problem | ||
| 2/6/2014 | Pending sale | $1,375,000$388/sqft |
Source: Windermere Real Estate/Mercer Island #580530 Report a problem | ||
| 1/15/2014 | Listed for sale | $1,375,000+68.7%$388/sqft |
Source: Windermere Real Estate/Mercer Island #580530 Report a problem | ||
| 6/11/1999 | Sold | $815,000$230/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,333 +10% | $2,966,000 +10.5% |
| 2024 | $17,576 +1.3% | $2,683,000 +6.5% |
| 2023 | $17,356 +0.3% | $2,520,000 -10.6% |
| 2022 | $17,296 +11.4% | $2,819,000 +33.8% |
| 2021 | $15,522 +4.2% | $2,107,000 +13.2% |
| 2020 | $14,903 -4.8% | $1,861,000 -6.1% |
| 2019 | $15,654 +7.4% | $1,981,000 +2.2% |
| 2018 | $14,576 +5.3% | $1,939,000 +21.6% |
| 2017 | $13,843 +32% | $1,595,000 +11.1% |
| 2016 | $10,485 | $1,436,000 +10.4% |
| 2015 | $10,485 | $1,301,000 +8.6% |
| 2014 | $10,485 | $1,198,000 +15.1% |
| 2013 | $10,485 | $1,041,000 +8.4% |
| 2012 | -- | $960,000 +1.3% |
| 2011 | -- | $948,000 -4.5% |
| 2010 | -- | $993,000 |
| 2009 | -- | $993,000 -3.9% |
| 2007 | -- | $1,033,000 +0.1% |
| 2006 | -- | $1,032,000 +9.8% |
| 2005 | -- | $940,000 +27.4% |
| 2001 | $7,056 +4.9% | $738,000 +15.9% |
| 2000 | $6,724 | $637,000 |
Find assessor info on the county website
Neighborhood: 98040
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Nearby schools
GreatSchools rating
- 9/10Lakeridge Elementary SchoolGrades: K-5Distance: 0.1 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 0.4 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Lakeridge Elem
- Middle: Islander Mid
- High: Mercer Isl High
Source: NWMLS as distributed by MLS GRID. 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
$3,134,200
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
$3,134,200
- Washington
- King County
- Mercer Island
- 98040
- 7875 81st Place SE
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