3212 SE 81st # C203 Mercer Island, WA $ 398,000
3212 SE 81st # C203
$ 398,000
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3212 SE 81st # C203

Mercer Island, WA, 98040
$ 398,000
Bedrooms1 Baths1.0 Sq 656

Monthly Estimate*

$ 2,451

Listed by RSVP Brokers ERA
3212 SE 81st # C203, Mercer Island, WA 98040 - Image 1
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Condo for sale in Mercer Island, WA

for $398,000 with 1 bedroom and 1 full bath. This 656 square foot condo was built in 1968 on a lot size of 1.35.

Effective Year Built: 1996. A well-maintained NE-facing corner unit in a prime commuter location—just minutes to I-90 and only a 12–15 minute walk (0.7–0.8 miles) to the new Mercer Island Light Rail Station, offering fast, car-free access to Seattle, Bellevue, South Lake Union, and major Eastside tech employers. This unmatched transit convenience drives strong rental demand, making the home an exceptional investment opportunity. The unit features granite counters, stainless appliances, an eating bar, and a private deck overlooking the pool and greenery. Quiet bedroom with minimal shared walls and peaceful views. Community amenities include a pool, sauna, clubhouse, BBQ area, secure entry, and elevator. One assigned parking space. Pet-friendly with no rental cap, providing excellent long-term flexibility for investors and owners alike.

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Condo Active

Price

$ 398,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 2,534

Style

Condo (1 Level)

Lot Size

1.35

Year Built

1968

Town/City

Mercer Island

County/Region

King

MLS | Web ID

2495739

Features
General
Living Area 0
Heating Wall Furnace
Cooling None
Possession Closing
Roof Flat
Appliances Dishwasher Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 574.54
Association Fee Includes Common Area Maintenance Sewer Snow Removal Trash Water
Pets Allowed Cats OK Dogs OK
Year Built 1968
View Bay City
Levels One
Unit Number C203
Property Subtype Condominium
Tax Year 2026
Community Features Club House Elevator Pool Sauna
Building Name RIDGEWOOD AT ISLAND CREST
Assoc Fee Paid Per Monthly
County King
New Construction N
Property Type Residential
HOA Y
Subdivision Name Downtown
Full Baths 1
Special Listing Conditions None
Status Active
Directions From I-90 Westbound:Take Exit 7 toward Island Crest Way. Turn left onto Island Crest Way. Continue as the road curves into 81st Place SE. Look for Ridgewood Condominiums 3212 unit C203.
City Mercer Island
Entry Location Main
Senior Community Y/N N
High School District Mercer Island
MLS Area 510 - Mercer Island
Lot Size Units Square Feet
Lot Size Square Feet 58806
Carport Y/N Y
Listing Terms Cash Conventional
Tax Annual Amount 2534.57
Public Remarks Effective Year Built: 1996. A well-maintained NE-facing corner unit in a prime commuter locationjust minutes to I-90 and only a 1215 minute walk (0.70.8 miles) to the new Mercer Island Light Rail St
Virtual Tour https://www.homes.com/property/3212-81st-place-se-mercer-island-wa-unit-c203/gw792z2y4e48y/?dk=ssdteqher987r
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company HOA
Unit Features Balcony/Deck/Patio End Unit
Units In Building Total 8
Parking Space Numbers 22
Common Property Features Clubhouse Elevator Pool-Outdoor Sauna
Total Actual Rent 2300
CoOp false
Property Style 30 - Condo (1 Level)
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Interior
Interior Amenities End Unit
Flooring Ceramic Tile Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
3/4 Baths 0
Total Bedrooms 1
Main Level Bedrooms 1
Total Baths 1
Floor Number of Unit 2
Power Production Type Electric
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1
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Exterior
Exterior Amenities Cement Planked
Parking Features Carport Off Street Uncovered
Total Parking 1
Inclusions Dishwasher(s) Dryer(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Building Area Total 656
Lot Size Acres 1.35
Waterfront Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Total 1
Dwelling Type Attached
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Internal Only
OriginalMLSID NWM2495739
Street Number 1 3212
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* Excluded Features
List By
Ann Shen

Listing Agent

Rsvp Brokers Era

Broker

Affordability Calculator

$2,662
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,451
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258844 Elementary School
257551 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$398,000 -4.78% Price Down
3/23/2026$418,000 Listed Price

Map


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3212 SE 81st # C203, Mercer Island, WA, 98040 is a Condo for sale at $398,000 with 656 sqft and a lot size of 1.35. 3212 SE 81st # C203 has 1 bedrooms, 1.0 baths, and was built in 1968. The property's zip code is 98040 which is in Mercer Island, WA