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← Back to search results/Mercer Island, WA/3212 81st Place SE #C301
1 / 31SOLD JUL 2, 2026
Listed by Mike Moghaddas • COMPASS. Buyer represented by RE/MAX Metro Realty, Inc..Some photos are virtually staged
SOLD JUL 2, 2026

$707,000

Listed at $720,000

3 bd•1.75 ba•1,476 sq ft

3212 81st Place SE #C301, Mercer Island, WA 98040

• Listed May 28, 2026

RexMont Market Signal for 3212 81st Place SE #C301

Sold price on record

RexMont Market Signal $707,000

Closed sale price · as of July 2, 2026, the day it sold.

Market Signal since the sale

$760,515

Likely $642,078 – $957,334 · solid read · as of October 1, 2026

Estimate, not an appraisal.

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.

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Listing Broker: COMPASS; Mike Moghaddas; 425-242-6440

Buyer Broker: RE/MAX Metro Realty, Inc.

About this home

Experience penthouse luxury on North Mercer Island with this rare 3-bedroom (plus flexible office/4th bedroom) residence. Perfectly nestled blocks from cafes, parks, shops and dining, this turnkey condo features brand-new paint and carpet, an open-concept living area with breathtaking lake and pool views, and a designer kitchen with premium stainless steel appliances, granite counters and a breakfast bar. Soak in the sun effortlessly on two spacious balconies with lake and pool views or retreat to a tranquil primary suite with an ensuite bath and walk-in closet. A versatile layout allows for a spacious 4th bedroom or custom office. Includes top-tier amenities: secure lobby entrance, elevator, 2 parking spaces (one covered and one uncovered), storage, an outdoor pool, sauna, BBQ site and a vibrant clubhouse with a kitchen and tv. With NO RENTAL CAP, this is a prime opportunity for investors or homeowners alike! Excellent access to freeways, downtown Bellevue and Seattle!

Property type
Condo
Year built
1968
Interior
1,476 sq ft
Lot size
1.35 acres
Parking
Carport, Uncovered
Price / sq ft
$479
HeatingWall Furnace
CoolingNone
Property taxes$4,423/yr (est.)
HOA dues$1,291/mo
School districtMercer Island

Listed by Mike Moghaddas • COMPASS

Listing updated: August 2, 2026 at 04:04am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2530828

Around this home

Property details

Interior features

  • End Unit
  • Penthouse
  • Primary Bathroom
  • Top Floor
  • Walk-In Closet(s)
  • Water Heater

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 3 bedrooms total
  • 2 on the main level
  • 1 on the lower level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Condo (1 Level)
  • Remodeled / updated: true

Flooring

  • Ceramic Tile
  • Laminate
  • Carpet

Heating & cooling

  • Wall Furnace heating
  • None cooling

Schools

Ratings via SchoolDigger

Mercer Island School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Ridgewood
Floor of unit
3
Units in building
8
Stories in building
3
Co-op
No
Common interest community
Yes
HOA dues
$1,291
Dues frequency
Monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Sewer, Trash, Water
Special assessment
false
Other dues or fees
No
Association contact
EMB Management
First right of refusal
No

Rules

Rental cap
No Rental Cap
Pets
Subject to Restrictions
55+ community
No

Unit

Assigned parking
2
Parking space numbers
20, 45
Storage location
1st Level
Storage number
C-4 Unassigned
Unit features
Balcony/Deck/Patio,End Unit,Penthouse,Primary Bath,Top Floor,Walk-in Closet
Common property features
Clubhouse,Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,Lobby Entrance,Pool-Outdoor,Sauna
Entry location
Main

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Closet in Entry
Power company
Puget Sound Energy
Water company
HOA
Sewer company
HOA
Garbage service
HOA
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
2

New construction

Square footage source
Realist
Lot size source
Realist

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 3212 81st Place SE #C301

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Jul 2, 2026
    Sold
    NWMLS via MLS Grid · #2530828
    $707,000
    $479/sq ft
  2. Jun 12, 2026
    Pending
    NWMLS via MLS Grid · #2530828
    $720,000
    $488/sq ft
  3. May 28, 2026
    Listed
    NWMLS via MLS Grid · #2530828
    $720,000
    $488/sq ft
  4. Sep 10, 2018
    Sold
    NWMLS via MLS Grid · #1343048
    $799,000
    $541/sq ft
  5. Aug 24, 2018
    Pending
    NWMLS via MLS Grid · #1343048
    $799,000
    $541/sq ft
  6. Aug 14, 2018
    Listed
    NWMLS via MLS Grid · #1343048
    $799,000
    $541/sq ft

Market pulse

Mercer Island is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 2% below list price.

  • Time on market: The average home goes pending in around 65 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $2,800,000 Sold

    2 weeks ago

    3 bd•2.75 ba•Condo

    2003 82nd Avenue SE, Mercer Island, WA 98040

    0%

    Over list

    48

    Days on market

    0.8 mi

    Distance

  • $388,000 Sold

    3 months ago

    1 bd•1 ba•Condo

    3212 SE 81st Place #C203, Mercer Island, WA 98040

    3%

    Under list

    119

    Days on market

    0.1 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

Want a deeper read on this market?

Ask a RexMont agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 14, 2026 at 11:05 PM PT (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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