Sold648d on market
7460 81st Place SE
Mercer Island, WA, 98040 • 98040 • King County
$2,450,000
$1055/sqft
3Beds
3Baths
2,322Sqft
0.25 acLot
1987Built
Property DNA
Territorial Views
Territorial
Traditional Style
Built 1987 · 39 years of history
The Lakes
98040
Outdoor Living
Ceramic Tile · Hardwood · Bath Off Primary · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · French Doors · Skylight(s) · Vaulted Ceiling(s) · Walk-In Closet(s) · Fireplace
2 Fireplaces
Gas · Wood Burning · Main Level: 2 · Fireplace
2-Car Garage
Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 648 days ago · 13 views · Top 4% likely to sell soon
Market activity
Demand and pricing signals for this listing
13 views
People checking out this listing
648 days on market
Established listing
$1,055/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 4% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Single Family · Built 1987
Welcome to this charming single-level home nestled in the desirable Lakes community. Boasting a traditional layout, this residence features 3 bedrooms and 2 baths, making it perfect those seeking one level living. The heart of the home is the updated kitchen, equipped with modern stainless steel appliances and conveniently adjacent to the utility room, enhancing everyday living ease. Enjoy meals in the formal dining room, host gatherings in the elegant formal living room, or relax in the cozy family room. The home is adorned with beautiful hardwood floors throughout. Situated close to top-rated schools, grocery stores, and the Mercer Island Country Club, this home offers both comfort and convenience in a prime location.
Standout features identified
Our analysis highlights traditional layout, desirable lakes community, and modern stainless steel appliances as key attractions of this home.
Estimated monthly payment
Based on current rates
$15,405/month
Principal & Interest$11,989
Property Tax$2,450
Insurance$817
HOA$149
Down payment20% ($490,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,960,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1987
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
Parking2 Attached Garage spaces
HOA$1,790 annually
Lot10,863 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
ConditionVery Good
Year built1987
Stories1
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
ConstructionBrick, Wood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Garage
Garage2 spaces
BasementNone
Fireplaces2
Lot10,863 sqft
Location & Tax
Neighborhood98040
Annual tax$14,165
Parcel4141000390
Bathrooms & Fees
Full baths2
HOA$149/mo
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
Appliances
Dishwashers_
Dryer(s)
GarbageDisposal_
Microwaves_
Refrigerators_
StovesRanges_
Washer(s)
Dishwasher(s)
Garbage Disposal
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Water Heater Location: Garage
Flooring
Ceramic Tile
Hardwood
Heating
Fireplace
Forced Air
Electric
Natural Gas
Cooling
None
Fireplace
Gas
Wood Burning
Main Level: 2
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Attached Garage
Construction
Brick
Wood Siding
Patio & Porch
Ceramic Tile
Hardwood
Bath Off Primary
Ceiling Fan(s)
Double Pane/Storm Window
Dining Room
French Doors
Skylight(s)
Vaulted Ceiling(s)
Walk-In Closet(s)
Fireplace
Lot Features
Paved
Cable TV
Fenced-Fully
Gas Available
Sprinkler System
Community
CCRs
Views
Territorial
Utilities
Xfinity
Xfinity
Room details
12 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainBathroom Full
MainOther
MainListing insights
Market data and value estimates
StatusSold
Days on market648
Est. value$2,729,000
Est. rent$5,563/mo
Tax rate0.82%
Price/sqft$1055
On marketJun 24, 2024
PostedJun 7, 2024
Last sold$2,450,000
MLS statusSold
MLS updatedJun 28, 2024
Tour days6
Views13
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
3 events
DateEventPrice$/sqftSource
Jun 28, 2024Sold$2,450,000$1,055NWMLS as distributed by MLS GRID
Jun 11, 2024Pending Sale$2,395,000$1,031NWMLS as distributed by MLS GRID
Jun 7, 2024Listed For Sale$2,395,000$1,031NWMLS as distributed by MLS GRID
Sold$2,450,000
Jun 28, 2024•$1,055/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,395,000
Jun 11, 2024•$1,031/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,395,000
Jun 7, 2024•$1,031/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$14,390$2,196,000
Apr 8, 2023$14,212$2,063,000
Apr 8, 2022$14,165$2,308,000
Apr 8, 2021$12,711$1,725,000
Apr 8, 2020$12,199$1,523,000
Apr 8, 2019$12,583$1,592,000
Apr 8, 2018$11,722$1,559,000
Apr 8, 2017$11,137$1,283,000
Apr 8, 2016$8,719$1,194,000
Apr 8, 2015$8,719$1,082,000
Apr 8, 2014$8,719$996,000
Apr 8, 2013$8,719$850,000
Apr 8, 2012—$784,000
Apr 8, 2011—$774,000
Apr 8, 2010—$811,000
Apr 8, 2009—$811,000
Apr 8, 2007—$796,000
Apr 8, 2006—$795,000
Apr 8, 2005—$724,000
Apr 8, 2001$6,206$649,000
Apr 8, 2000$5,912$560,000
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 22:04:26 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)
No obligation · Same-day response