tomo logo

$625,000

Beds
3
Baths
1.75
sq ft
1,310

2500 81st Ave SE Unit 352, Mercer Island, WA 98040

2500 81st Ave SE Unit 352

Mercer Island, WA 98040

  • 9 days on market
Conveniently located across from the Park & Ride and one blk from the Light Rail station, you’ll love the ease of this move-in-ready condo. A corner end unit on the top flr, you’ll appreciate the privacy with no one above you & only one shared wall. The spacious lvg rm features a wall of west-facing windows that bathe the space with light. Enjoy beautiful sunsets! You’ll appreciate the cozy fireplace & generous spaces in this rare 3 bed unit with a primary suite & en-suite bath. Freshly painted, there is nothing to do but move in! Additional amenities include 1 assigned prkg space, storage, elevators & nearby laundry rm in a secure bldg. Close to everything Mercer Island; shopping, restaurants, LB Park & excellent MI Schools. No Rental Cap!

Details

Property type

Condominium

Est. home value

$528,401

Lot size

Unknown

Price per sq ft

$478

Year built

1960

Annual property taxes

$3,181

Monthly HOA fee

$883

Price History

06/26/2024
NorthwestMLS

NorthwestMLS #2256631

Listed
$625,000
+185.39%
12/13/2012
NorthwestMLS

NorthwestMLS #376839

Sold
$219,000
-31.35%
10/14/2008
NorthwestMLS

NorthwestMLS #27166571

Sold
$319,000
+67.89%

Schools & Community

Elementary school: 

West Mercer Elem

Middle school: 

Islander Mid

High school: 

Mercer Isl High

Community features: 

Clubhouse

School district: 

Mercer Island

Number of units in community: 

88

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$372,819
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$202,181
Cash to seller
$372,819

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Banner Bank

Loan start date

October 2008

Original loan amount

$287,100

Est. remaining balance

$202,181

Interest rate

6.52%

Loan type

Not Provided, 30 year

Seller

Paul W Sharpe

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/04/2024 at 8:35 PM

Listing updated: 07/03/2024 at 2:43 PM

Listed by: Ken Urman, Coldwell Banker Bain Phone #: (206) 232-4600

MLS: NorthwestMLS #2256631

NorthwestMLS logo

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