Sold794d on market
2500 81st Avenue SE #322
Mercer Island, WA, 98040 • 98040 • King County
$450,000
$466/sqft
2Beds
1Baths
965Sqft
1960Built
Property DNA
Territorial Views
Territorial
North End
98040
Outdoor Living
Laminate · Wall to Wall Carpet · Balcony/Deck/Patio · Cooking-Electric
This home is in high demand
Listed 794 days ago · 16 views · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
16 views
People checking out this listing
794 days on market
Established listing
$466/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 5% 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
Condo · Built 1960
In an ideal Island locale just minutes to town, this turnkey condo offers nearly 1,000 square feet of easy living. The light-filled floor plan boasts open living and a spacious balcony overlooking the verdant grounds. The updated kitchen features new tile backsplash, stainless steel appliances + loads of storage and opens to a generous eating area. Two sunny bedrooms and one bath with updated flooring. Includes 1 assigned covered parking space and additional storage unit in basement. Top rated Mercer Island Schools plus an easy stroll to fabulous amenities: shopping, markets, dining, coffee, the beach, parks and commutes in all directions. Mioposto for dinner anyone?
Standout features identified
Our analysis highlights open living, updated kitchen, and verdant grounds as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,441/month
Principal & Interest$2,201
Property Tax$450
Insurance$150
HOA$640
Down payment20% ($90,000)
3%50%
Est. 6.18% rate · 30yr fixed · $360,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1960
HeatingRadiant, Electric
CoolingNone
Parking1 Carport space
HOA$640 monthly
Property
Home typeCondo
Sub-typeCondominium
Year built1960
Stories1
Systems
HeatingRadiant, Electric
CoolingNone
RoofFlat
ConstructionStone, Stucco, Wood Products
Parking & Outdoor
ParkingCarport, Off Street
Location & Tax
Neighborhood98040
Annual tax$2,635
Parcel5451500900
Bathrooms & Fees
Full baths1
HOA$640/mo
Features & details
11 categories of property features
Interior Features
Appliances
Dishwasher_
GarbageDisposal_
Microwave_
Refrigerator_
StoveRange_
Dishwasher
Garbage Disposal
Microwave
Refrigerator
StoveRange
Water Heater Location: Utility Room
Cooking - Electric Hookup
Cooking-Electric
Flooring
Laminate
Vinyl
Carpet
Heating
Radiant
Electric
Cooling
None
Laundry
Common Area
Exterior Features
Parking
Carport
Off Street
Construction
Stone
Stucco
Wood Products
Patio & Porch
Laminate
Wall to Wall Carpet
Balcony/Deck/Patio
Cooking-Electric
Lot Features
Adjacent to Public Land
Curbs
Paved
Sidewalk
Community
Elevator
Game/Rec Rm
Lobby Entrance
Views
Territorial
Room details
2 rooms detailed
Bedroom
MainBathroom Full
MainListing insights
Market data and value estimates
StatusSold
Days on market794
Est. value$430,200
Est. rent$2,519/mo
Tax rate0.82%
Price/sqft$466
On marketJan 28, 2024
PostedJan 2, 2024
Last sold$450,000
MLS statusSold
MLS updatedFeb 2, 2024
Tour days6
Views16
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
9 events
DateEventPrice$/sqftSource
Feb 2, 2024Sold$450,000$466NWMLS as distributed by MLS GRID
Jan 8, 2024Pending Sale$424,998$440NWMLS as distributed by MLS GRID
Jan 2, 2024Listed For Sale$424,998$440NWMLS as distributed by MLS GRID
Dec 19, 2023Listing Removed——Zillow Rentals
Dec 8, 2023Price Change$2,285$2Zillow Rentals
Nov 4, 2023Price Change$2,470$3Zillow Rentals
Oct 19, 2023Listed For Rent$2,500$3Zillow Rentals
Apr 28, 2017Sold$391,000$405NWMLS as distributed by MLS GRID
Feb 28, 1994Sold$31,250$32Public Record
Sold$450,000
Feb 2, 2024•$466/sqft•NWMLS as distributed by MLS GRID
Pending Sale$424,998
Jan 8, 2024•$440/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$424,998
Jan 2, 2024•$440/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Dec 19, 2023•Zillow Rentals
Price Change$2,285
Dec 8, 2023•$2/sqft•Zillow Rentals
Price Change$2,470
Nov 4, 2023•$3/sqft•Zillow Rentals
Listed For Rent$2,500
Oct 19, 2023•$3/sqft•Zillow Rentals
Sold$391,000
Apr 28, 2017•$405/sqft•NWMLS as distributed by MLS GRID
Sold$31,250
Feb 28, 1994•$32/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$2,349$356,000
Apr 7, 2023$3,074$444,000
Apr 7, 2022$2,636$427,000
Apr 7, 2021$3,101$419,000
Apr 7, 2020$3,097$385,000
Apr 7, 2019$3,182$401,000
Apr 7, 2018$2,831$375,000
Apr 7, 2017$2,510$288,000
Apr 7, 2016$1,892$244,000
Apr 7, 2015$1,892$221,000
Apr 7, 2014$1,892$215,000
Apr 7, 2013$1,892$157,000
Apr 7, 2012—$144,000
Apr 7, 2011—$153,000
Apr 7, 2010—$202,000
Apr 7, 2009—$202,000
Apr 7, 2007—$185,000
Apr 7, 2006—$164,000
Apr 7, 2005—$155,000
Apr 7, 2001$958$99,700
Apr 7, 2000$770$72,500
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 07:28:28 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