$395,000
Est. $2,188/mo1 bd•1.5 ba•1,065 sq ft
2500 81st Avenue SE #351, Mercer Island, WA 98040
• Listed Aug 4, 2026•129 days active · 129 cumulative
Listing Broker: Coldwell Banker Bain; Franz T. Diessner; 425-765-4252; teamfranzandjoe@cbbain.com
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Listing Broker: Coldwell Banker Bain; Franz T. Diessner; 425-765-4252; teamfranzandjoe@cbbain.com
About this home
Light-filled and move-in ready, this inviting 2-bedroom, 1.5-bath Mercer Island condominium offers comfort, convenience, and an exceptional location. Fresh interior paint and new carpet create a clean, updated feeling throughout. The spacious living room is anchored by a cozy wood-burning fireplace and a dramatic wall of windows that floods the home with natural light while opening to an expansive sun terrace—perfect for morning coffee, outdoor dining, or simply enjoying the peaceful treed outlook. The functional kitchen offers new stainless-steel appliances, ample storage, and workspace. The thoughtful floor plan provides comfortable everyday living and an assigned parking space for added convenience. Ideally situated just moments from Mercer Island's vibrant town center, shops, restaurants, parks, and the Link Light Rail station, you'll enjoy a highly walkable lifestyle with easy access to both Seattle and Bellevue. A wonderful opportunity to enjoy the best of Mercer Island living!
Listed by Franz T. Diessner • Coldwell Banker Bain
Listing updated: September 30, 2026 at 01:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2564041
Around this home
How much should you offer?
2500 81st Avenue SE #351, Mercer Island, WA 98040
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
- End Unit
- Fireplace
- Insulated Windows
- Primary Bathroom
- Top Floor
- Water Heater
- Fireplace (wood burning)
Kitchen
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 1 bedroom total
- 1 on the main level
Bathrooms
- 1 full bathroom
- 1 half bathroom
- 1.5 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- Condo (1 Level)
- Remodeled / updated: false
Flooring
- Vinyl
- Carpet
Heating & cooling
- Radiant heating
- None cooling
Schools
Ratings via SchoolDiggerMercer Island School District
- Northwood Elementary SchoolPublic · Grades PK-5 · State rank 59 of 1,13810/10
- Islander Middle SchoolPublic · Grades 6-8 · State rank 9 of 51410/10
- Mercer Island High SchoolPublic · Grades 9-12 · State rank 2 of 39610/10
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 Condominium
- Floor of unit
- 3
- Units in building
- 33
- Stories in building
- 3
- FHA-approved project
- No
- Co-op
- No
- Common interest community
- Yes
- HOA dues
- $1,191
- Dues frequency
- Monthly
- Dues include
- Common Area Maintenance, Earthquake Insurance, Sewer, Trash, Water
- Special assessment
- true
- Other dues or fees
- No
Rules
- Rental cap
- No Rental Cap
- Short-term rentals allowed
- No
- Pets
- No
- 55+ community
- No
Unit
- Assigned parking
- 2
- Parking space numbers
- 86 & 69
- Unit features
- Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Top Floor
- Common property features
- Cable TV,Clubhouse,Elevator,Game/Rec Rm,High Speed Int Avail,Laundry Room,Lobby Entrance
- Entry location
- Main
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Power company
- Puget Sound Energy
- Water company
- HOA
- Sewer company
- HOA
- Garbage service
- HOA
- Irrigation water rights
- No
- Internet connected
- Xfinity
- Cable connected
- Xfinity
Green & certifications
- Energy-efficient features
- Insulated Windows
Rooms & extras
- Window coverings
- Yes
- Bathtubs
- 1
- Showers
- 1
- Fireplaces on main
- 1
- Excluded items
- No
New construction
- Square footage source
- Public Records
- Effective year built source
- Public Records
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.
Opens with the report above.
Sales & Tax Records for 2500 81st Avenue SE #351
NWMLS via MLS Grid · King County AssessorEvery 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.
- Aug 4, 2026ListedNWMLS via MLS Grid · #2564041$395,000$371/sq ft
- Jun 24, 2005Recorded saleKing County recorder · Statutory warranty deed$186,000$175/sq ft
- Jul 2, 2003Recorded saleKing County recorder · Statutory warranty deed$163,000$153/sq ft
- Jul 17, 2001Recorded saleKing County recorder · Statutory warranty deed$162,000$152/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
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
$3,719 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Coldwell Banker Bain; Franz T. Diessner; 425-765-4252; teamfranzandjoe@cbbain.com
Market pulse
Mercer Island is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 61 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.
Want a deeper read on this market?
Ask a RexMont agentMarket 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 13, 2026 at 7:08 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.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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