Sold578d on market
7875 81st Place SE
Mercer Island, WA, 98040 • 98040 • King County
$3,120,000
$881/sqft
4Beds
3Baths
3,540Sqft
0.26 acLot
1988Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Lake · Territorial
Traditional Style
Built 1988 · 38 years of history
The Lakes
98040
Outdoor Living
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
2 Fireplaces
Gas · Main Level: 2 · Fireplace
3-Car Garage
Attached Garage
Ceramic Tile & Hardwood & Marble Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
578 days on market
Established listing
$881/sqft
Price per square foot
About this home
Single Family · Built 1988
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.
Estimated monthly payment
Based on current rates
$19,577/month
Principal & Interest$15,268
Property Tax$3,120
Insurance$1,040
HOA$149
Down payment20% ($624,000)
3%50%
Est. 6.19% rate · 30yr fixed · $2,496,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1988
HeatingFireplace, Forced Air, Natural Gas
CoolingNone
Parking3 Attached Garage spaces
HOA$1,790 annually
Lot0.26 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
ConditionVery Good
Year built1988
Stories2
Systems
HeatingFireplace, Forced Air, Natural Gas
CoolingNone
ConstructionBrick, Wood Products
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Garage
Garage3 spaces
BasementFinished
Fireplaces2
Lot0.26 Acres
Location & Tax
Neighborhood98040
Annual tax$17,356
Parcel4141010350
Bathrooms & Fees
Full baths1
HOA$149/mo
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
Appliances
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
Flooring
Ceramic Tile
Hardwood
Marble
Carpet
Heating
Fireplace
Forced Air
Natural Gas
Cooling
None
Fireplace
Gas
Main Level: 2
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
Attached Garage
Construction
Brick
Wood Products
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
Lot Features
Patio
Sprinkler System
Community
CCRs
Views
Lake
Territorial
Room details
13 rooms detailed
Master Bedroom
SecondBedroom
MainBedroom
SecondBedroom
SecondBathroom Three Quarter
SecondBathroom Full
MainListing insights
Market data and value estimates
StatusSold
Days on market578
Est. value$3,079,600
Est. rent$6,537/mo
Tax rate0.82%
Price/sqft$881
On marketSep 10, 2024
PostedSep 10, 2024
Last sold$3,120,000
MLS statusSold
MLS updatedSep 10, 2024
Tour days6
Views9
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
7 events
DateEventPrice$/sqftSource
Sep 6, 2024Sold$3,120,000$881NWMLS as distributed by MLS GRID
Aug 15, 2023Listing Removed——Zillow Rentals
Aug 1, 2023Listed For Rent$7,595$2Zillow Rentals
Mar 25, 2014Sold$1,333,000$377NWMLS as distributed by MLS GRID
Feb 6, 2014Pending Sale$1,375,000$388Windermere Real Estate/Mercer Island
Jan 15, 2014Listed For Sale$1,375,000$388Windermere Real Estate/Mercer Island
Jun 11, 1999Sold$815,000$230Public Record
Sold$3,120,000
Sep 6, 2024•$881/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Aug 15, 2023•Zillow Rentals
Listed For Rent$7,595
Aug 1, 2023•$2/sqft•Zillow Rentals
Sold$1,333,000
Mar 25, 2014•$377/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,375,000
Feb 6, 2014•$388/sqft•Windermere Real Estate/Mercer Island
Listed For Sale$1,375,000
Jan 15, 2014•$388/sqft•Windermere Real Estate/Mercer Island
Sold$815,000
Jun 11, 1999•$230/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$17,576$2,683,000
Apr 8, 2023$17,356$2,520,000
Apr 8, 2022$17,296$2,819,000
Apr 8, 2021$15,522$2,107,000
Apr 8, 2020$14,903$1,861,000
Apr 8, 2019$15,654$1,981,000
Apr 8, 2018$14,576$1,939,000
Apr 8, 2017$13,843$1,595,000
Apr 8, 2016$10,485$1,436,000
Apr 8, 2015$10,485$1,301,000
Apr 8, 2014$10,485$1,198,000
Apr 8, 2013$10,485$1,041,000
Apr 8, 2012—$960,000
Apr 8, 2011—$948,000
Apr 8, 2010—$993,000
Apr 8, 2009—$993,000
Apr 8, 2007—$1,033,000
Apr 8, 2006—$1,032,000
Apr 8, 2005—$940,000
Apr 8, 2001$7,056$738,000
Apr 8, 2000$6,724$637,000
Nearby homes
Neighborhood details
Local context around this listing
Mercer Island, WA • King County
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040
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Based on information submitted to the MLS GRID as of 2026-04-07 23:34:32 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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