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← Back to search results/Mercer Island, WA/2500 81st Avenue SE #329
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Listed by Bev Watson • RE/MAX Eastside Brokers, Inc..
FOR SALE

$360,000

Est. $1,994/mo

Price reduced $9,000 from the original $369,000 asking price

1 bd•1 ba•715 sq ft

2500 81st Avenue SE #329, Mercer Island, WA 98040

• Listed Jul 1, 2026•222 days active · 222 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: RE/MAX Eastside Brokers, Inc.; Bev Watson; 425-453-7000; bevwatson@remax.net

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Listing Broker: RE/MAX Eastside Brokers, Inc.; Bev Watson; 425-453-7000; bevwatson@remax.net

About this home

Rare opportunity on Mercer Island — a East facing one-bedroom with a private deck all within steps of the light rail station, Park & Ride and Downtown. The open living/dining space features hardwood-look plank flooring, a wall of windows, and seamless flow to the oversized deck. kitchen and bath. Building amenities include elevator, gated entry, laundry, and extra storage. The HOA includes water, sewer, trash, earthquake insurance, and grounds — two cell tower leases with Verizon and T-Mobile provide the association durable non-assessment revenue. Board actively managing capital projects including building repipe (engineering underway with J2 Consulting), new gutters, LED lighting upgrades, and elevator work recently completed. Walk Score 80 | Transit Score 82. Mercer Island schools. Bonus: No Rental Cap

Property type
Condo
Year built
1960
Interior
715 sq ft
Lot size
Not listed
Parking
Off Street, Uncovered
Price / sq ft
$503
HeatingRadiator
CoolingNone
Property taxes$2,078/yr (est.)
HOA dues$770/mo
School districtMercer Island

Listed by Bev Watson • RE/MAX Eastside Brokers, Inc.

Listing updated: September 21, 2026 at 12:12am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2548493

Around this home

RexMont OfferEdge™

How much should you offer?

2500 81st Avenue SE #329, Mercer Island, WA 98040

List price
$360,000
Down payment
$72,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Cooking-Electric
  • Insulated Windows
  • Water Heater

Kitchen

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

Bedrooms

  • 1 bedroom total
  • 1 on the main level

Bathrooms

  • 1 full bathroom
  • 1 on the main level

Layout

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

Flooring

  • Laminate
  • Vinyl
  • Vinyl Plank

Heating & cooling

  • Radiator 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
Mercer Isle
Floor of unit
2
Units in building
89
Stories in building
3
Co-op
No
Common interest community
No
HOA dues
$770
Dues frequency
Monthly
Dues include
Central Hot Water, Common Area Maintenance, Road Maintenance, Sewer, Trash, Water
Special assessment
false
Association contact
Jennifer

Rules

Rental cap
No Rental Cap
Pets
No
55+ community
No

Unit

Assigned parking
1
Parking space numbers
44
Storage location
garage
Storage number
44
Unit features
Balcony/Deck/Patio,Insulated Windows
Common property features
Clubhouse,Elevator,Game/Rec Rm,Laundry Room,Lobby Entrance,Outside Entry,See Remarks
Entry location
Main
Access stairs
4

Systems

Energy source
Electric
Power production
Electric
Water heater
electric
Power company
PSE
Water company
HOA
Sewer company
HOA
Garbage service
HOA
Irrigation water rights
No

Green & certifications

Energy-efficient features
Insulated Windows

Rooms & extras

Window coverings
blinds
Bathtubs
1
Showers
1

New construction

Square footage source
kc tax

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

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Sales & Tax Records for 2500 81st Avenue SE #329

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. Sep 21, 2026
    Price reduced
    NWMLS via MLS Grid · #2548493
    $360,000
    $503/sq ft
  2. Sep 21, 2026
    Price reduced
    NWMLS via MLS Grid · #2568640
    $1,999
    $3/sq ft
  3. Aug 12, 2026
    Listed
    NWMLS via MLS Grid · #2568640
    $2,100
    $3/sq ft
  4. Jul 1, 2026
    Listed
    NWMLS via MLS Grid · #2548493
    $369,000
    $516/sq ft
  5. Jan 9, 2018
    Recorded sale
    King County recorder · Statutory warranty deed
    $295,000
    $413/sq ft

Down payment assistance

7 programs may be available to provide you with up to $85,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Check eligibility

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$3,027 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: RE/MAX Eastside Brokers, Inc.; Bev Watson; 425-453-7000; bevwatson@remax.net

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 60 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

    0.3 mi

    Distance

  • $401,000 Sold

    2 months ago

    1 bd•1 ba•Condo

    2949 76th Avenue SE #82B, Mercer Island, WA 98040

    1%

    Over list

    108

    Days on market

    0.5 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

    0.5 mi

    Distance

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

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 12:12am (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.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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