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← Back to search results/Mercer Island, WA/2500 81st Avenue SE #112
1 / 17Early Access · First Look
Listed by Thuy A. Nguyen • Keller Williams Eastside.
EARLY ACCESS · FIRST LOOK

$450,000

Est. $2,493/mo

2 bd•1 ba•965 sq ft

2500 81st Avenue SE #112, Mercer Island, WA 98040

• Listed Oct 13, 2026

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Listing Broker: Keller Williams Eastside; Thuy A. Nguyen; 425-979-6080; Thuy@buildingdreams.team

About this home

Prime location! Bright condo in a secure building with peaceful courtyard views. Kitchen shines with newer cabinetry, quartz counters and stainless steel appliances. Spa-inspired bath with new vanity, new shower enclosure and dual sinks. New double-pane windows throughout. Zero carpet - engineered wood floors in every room. East-facing deck with space for a grill and outdoor seating. Oversized storage unit in the basement plus one assigned parking space. Minutes to downtown Mercer Island's shops and dining, and just a short stroll to Luther Burbank Park and the community center. Quick commute to both Seattle and Bellevue. Portable A/C included. No rental cap!

Property type
Condo
Year built
1960
Interior
965 sq ft
Lot size
Not listed
Parking
Common Garage
Price / sq ft
$466
HeatingBaseboard
CoolingNone
Property taxes$2,606/yr (est.)
HOA dues$1,031/mo
School districtMercer Island

Listed by Thuy A. Nguyen • Keller Williams Eastside

Listing updated: October 13, 2026 at 03:12pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2593702

Around this home

RexMont OfferEdge™

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2500 81st Avenue SE #112, Mercer Island, WA 98040

List price
$450,000
Down payment
$90,000

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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
  • Fireplace
  • Ground Floor
  • Fireplace (wood burning)

Kitchen

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

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 on the main level

Layout

  • Condo (1 Level)

Flooring

  • Ceramic Tile
  • Hardwood
  • Laminate

Heating & cooling

  • Baseboard 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 Condominium
Floor of unit
1
Units in building
89
Stories in building
3
Co-op
No
Common interest community
No
HOA dues
$1,031
Dues frequency
Monthly
Dues include
Common Area Maintenance
Association contact
Emerald Management

Rules

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

Unit

Assigned parking
1
Parking space numbers
57
Unit features
Balcony/Deck/Patio,Ground Floor
Common property features
Cable TV,Elevator,Laundry Room,Lobby Entrance,Security Gate
Entry location
Main

Systems

Energy source
Electric,Wood
Power production
Electric, Wood
Irrigation water rights
No

Rooms & extras

Window coverings
blinds
Fireplaces on main
1

New construction

Square footage source
Realist
Lot size source
Realist
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.

Members

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Sales & Tax Records for 2500 81st Avenue SE #112

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. Oct 13, 2026
    Listed
    NWMLS via MLS Grid · #2593702
    $450,000
    $466/sq ft
  2. Aug 27, 2021
    Sold
    NWMLS via MLS Grid · #1804615
    $399,999
    $415/sq ft
  3. Jul 28, 2021
    Pending
    NWMLS via MLS Grid · #1804615
    $399,999
    $415/sq ft
  4. Jul 9, 2021
    Listed
    NWMLS via MLS Grid · #1804615
    $399,999
    $415/sq ft
  5. Jul 25, 1995
    Recorded sale
    King County recorder · Statutory warranty deed
    $72,400
    $75/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.

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

$3,853 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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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: Keller Williams Eastside; Thuy A. Nguyen; 425-979-6080; Thuy@buildingdreams.team

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 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.

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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 13, 2026 at 6:15 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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