Sold313d on market
7525 81st Place SE
Mercer Island, WA, 98040 • 98040 • King County
$3,080,000
$956/sqft
4Beds
3Baths
3,221Sqft
0.23 acLot
1986Built
Property DNA
Waterfront Property
Lake
Lake Views
Lake
Traditional Style
Built 1986 · 40 years of history
The Lakes
98040
Outdoor Living
Ceramic Tile · Fireplace · Skylight(s) · Walk-In Pantry
2 Fireplaces
Gas · Wood Burning · Main Level: 2 · Fireplace
3-Car Garage
Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 313 days ago · 19 views · Top 2% likely to sell soon
Market activity
Demand and pricing signals for this listing
19 views
People checking out this listing
313 days on market
Established listing
$956/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 2% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1986
Elevate your lifestyle in the Lakes neighborhood on Mercer Island where beautiful homes border Southend schools & parks. Recently updated chef's kitchen incl custom cabinetry, quartz counters, premium appliances & a huge island-perfect for entertaining & daily meal prep. Plentiful windows fill the space w/light & views of the community lake. Adjoining family room & breakfast nook provide valuable space for household management, while dedicated office & light-filled living & dining rooms offer areas to work & relax. Primary suite upstairs boasts a spacious bath & walk-in closet. 3 additional bedrooms, 1 w/attached bonus room. Easy access to Southend amenities makes this a prized location. Embrace this vibrant community & live in The Lakes.
Estimated monthly payment
Based on current rates
$19,335/month
Principal & Interest$15,072
Property Tax$3,080
Insurance$1,027
HOA$156
Down payment20% ($616,000)
3%50%
Est. 6.19% rate · 30yr fixed · $2,464,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1986
HeatingFireplace, Forced Air, Natural Gas
Parking3 Attached Garage spaces
HOA$156 monthly
Lot10,053 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
Year built1986
Stories2
Systems
HeatingFireplace, Forced Air, Natural Gas
ConstructionStone, Wood Siding
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingAttached Garage
Garage3 spaces
BasementNone
Fireplaces2
Lot10,053 sqft
Location & Tax
Neighborhood98040
Annual tax$15,388
Parcel4141000340
Bathrooms & Fees
Full baths2
HOA$156/mo
Features & details
11 categories of property features
Interior Features
Appliances
Dishwasher(s)
Disposal
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Flooring
Ceramic Tile
Hardwood
Carpet
Heating
Fireplace
Forced Air
Natural Gas
Fireplace
Gas
Wood Burning
Main Level: 2
Fireplace
Windows
Skylight(s)
Exterior Features
Parking
Attached Garage
Construction
Stone
Wood Siding
Patio & Porch
Ceramic Tile
Fireplace
Skylight(s)
Walk-In Pantry
Lot Features
Curbs
Sidewalk
Patio
Sprinkler System
Community
CCRs
Views
Lake
Room details
15 rooms detailed
Master Bedroom
Bedroom
Bedroom
Bedroom
Bathroom Full
Bathroom Full
Listing insights
Market data and value estimates
StatusSold
Days on market313
Est. value$3,065,900
Est. rent$6,192/mo
Tax rate0.82%
Price/sqft$956
On marketJun 26, 2025
PostedApr 23, 2025
Last sold$3,080,000
MLS statusSold
MLS updatedJun 28, 2025
Tour days6
Views19
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
4 events
DateEventPrice$/sqftSource
May 28, 2025Sold$3,080,000$956NWMLS as distributed by MLS GRID
Apr 24, 2025Pending Sale$2,998,000$931NWMLS as distributed by MLS GRID
Apr 23, 2025Listed For Sale$2,998,000$931NWMLS as distributed by MLS GRID
Aug 25, 2003Sold$855,540$266NWMLS as distributed by MLS GRID
Sold$3,080,000
May 28, 2025•$956/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,998,000
Apr 24, 2025•$931/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,998,000
Apr 23, 2025•$931/sqft•NWMLS as distributed by MLS GRID
Sold$855,540
Aug 25, 2003•$266/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$15,581$2,378,000
Apr 7, 2023$15,388$2,234,000
Apr 7, 2022$15,335$2,499,000
Apr 7, 2021$13,764$1,868,000
Apr 7, 2020$13,215$1,650,000
Apr 7, 2019$13,128$1,661,000
Apr 7, 2018$12,225$1,626,000
Apr 7, 2017$11,614$1,338,000
Apr 7, 2016$9,095$1,245,000
Apr 7, 2015$9,095$1,128,000
Apr 7, 2014$9,095$1,039,000
Apr 7, 2013$9,095$962,000
Apr 7, 2012—$887,000
Apr 7, 2011—$876,000
Apr 7, 2010—$918,000
Apr 7, 2009—$918,000
Apr 7, 2007—$1,009,000
Apr 7, 2006—$1,008,000
Apr 7, 2005—$918,000
Apr 7, 2001$6,817$713,000
Apr 7, 2000$6,492$615,000
Nearby homes
Neighborhood details
Local context around this listing
Mercer Island, WA • King County
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 16:43:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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