$399,950

2 Beds 1 Baths 965 SQFT 0.00 Acres
Type: Condos

2500 81st Avenue SE # 118
Mercer Island, WA 98040

MLS#: 2480792
Presented by: Realogics Sotheby's Int'l Rlty and NWMLS

Property Description

 

PRICE IMPROVED + SELLER PAYS 6 MONTHS OF HOA DUES! Discover one of the best values in downtown Mercer Island. This beautifully remodeled residence is ideally located directly across from the new light rail station and just moments from Luther Burbank Park, downtown Mercer Island, the Community Center, waterfront parks, and regional walking and biking trails. Enjoy rare features including no rental cap, a conveniently located covered carport near the entrance, large storage unit (#14), and an approved, recorded in-unit washer/dryer. Building amenities include an elevator and club/conference room (currently being renovated). The fully renovated interior features a designer kitchen with farmhouse sink, updated bathroom, new lighting, fireplace, custom closet organizers, air conditioning, and a private in-unit washer/dryer. Bright, open living spaces extend to an expansive west-facing veranda—perfect for relaxing, entertaining, and enjoying beautiful sunset views. Located in Mercer Island's award-winning school district with quick access to both Seattle and Bellevue, this home offers exceptional convenience, flexibility, and investment potential. Price has been significantly improved, and the seller will pay 6 months of HOA dues—making this an exceptional opportunity for homeowners and investors alike.


 

Interior Features

Bedrooms

Bedrooms Lower0
Bedrooms Upper0
Main Level Bedrooms2
Total Bedrooms2

Bathrooms

3/4 Baths0
Bathrooms1
Baths Full Garage0
Baths Full Lower0
Baths Full Main0
Baths Full Upper0
Baths Half Garage0
Baths Half Lower0
Baths Half Main0
Baths Half Upper0
Baths Three Quarter Garage0
Baths Three Quarter Lower0
Baths Three Quarter Main0
Baths Three Quarter Upper0
Half Baths0
Total Baths1

Other Interior Features

Air Conditioning Y/NYes
Fireplace FeaturesSee Remarks, Wood Burning
Fireplace Y/NYes
Fireplaces Main1
Floor Number of Unit2
FlooringVinyl Plank
Heating Y/NYes
Interior AmenitiesCooking-Electric, Dryer-Electric, Fireplace, Insulated Windows, Washer, Water Heater
Laundry FeaturesElectric Dryer Hookup, Washer Hookup
Power Production TypeElectric
Total Fireplaces1
Total Stories3
Water Heater LocationUtility Room
Water Heater TypeElectric

General

AppliancesDishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s)
Assoc Fee Paid PerMonthly
Association Fee IncludesEarthquake Insurance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Trash, Water
Building Area Units0 sqft
Building NameMercer Isle Condominiums
Carport Y/NYes
CityMercer Island
Common Property FeaturesClubhouse, Elevator, High Speed Int Avail, Laundry Room, Lobby Entrance, Outside Entry, See Remarks
Community FeaturesClub House, Elevator, High Speed Int Avail, Laundry Room, Lobby Entrance, Outside Entry, See Remarks
CoolingWindow Unit(s)
CountyKing
DirectionsFrom I-90, take Mercer Island Exit 7. Head south on 77th Ave SE, turn left on SE 24th St, then right on 81st Ave SE. Building is on the left across from the light rail station. Park @ visitor parking.
Energy EfficientInsulated Windows
Facing DirectionWest
Full Baths1
HOAYes
HOA Fee$1070.7
HeatingBaseboard
High School DistrictMercer Island
LevelsOne
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet0 sqft
Lot Size UnitsSquare Feet
MLS Area510 - Mercer Island
NWM_ShowMapLinkY
New ConstructionNo
Parking Space Numbers28
Pets AllowedNo, See Remarks, Subject to Restrictions
PossessionClosing
Property Style30 - Condo (1 Level)
Property SubtypeCondominium
Property TypeResidential
Public RemarksPRICE IMPROVED + SELLER PAYS 6 MONTHS OF HOA DUES! Discover one of the best values in downtown Mercer Island. This beautifully remodeled residence is ideally located directly across from the new l
RoofFlat, Torch Down
Senior Community Y/NNo
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Storage LocattionLevel One
Structure TypeHouse
Subdivision NameMercer Island
Tax Annual Amount$2,606
Tax Year2026
Unit FeaturesBalcony/Deck/Patio, Insulated Windows
Unit Number118
Units In Building Total89
ViewCity, Territorial
Water CompanyHOA
Year Built1960

Exterior

Building Area Total965 sqft
Covered Spaces1
Dwelling TypeDetached
Exterior AmenitiesBrick, Wood Products
InclusionsDishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s)
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Open Space, Paved, Sidewalk
Lot Size Acres0
Parking FeaturesCarport, Off Street, Uncovered
Total Parking1
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

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$399,950

2 Beds 1 Baths 965 SQFT 0.00 Acres
Type: Condos

2500 81st Avenue SE # 118
Mercer Island, WA 98040

MLS#: 2480792