Listed by COMPASS, Bought with Whisper Real Estate
NOT LISTED FOR SALE

130 Overlake Dr E Medina, WA 98039

Estimated Value: $5,777,000 - $10,014,202

4 Beds
3.5 Baths
6,000 Sq Ft
$1,325/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $11,582,500 $1,930 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $48,508/month

31 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Docks
  • Lake View
  • Medina Elementary School Rated A
  • Second Kitchen
  • Deck

About This Home

As of June 2022

Enjoy a bygone era in this Federal-style estate on the shores of Lake Washington with 80 ft of waterfront, surrounded by gardens. Deep water moorage with dock & lift. Upper veranda & covered patio look out to lake. Vaulted ceilings throughout. Upscale living, dining & drawing rooms. Spacious library with built-in shelves. Home office/den. Sun-filled kitchen with double ovens and a wealth of cabinets. Primary suite with lake view, walk-in closet, en suite with claw ft tub. Eagle’s nest room. Top schools. ADU over garage. Security/sprinkler systems.

Last Agent to Sell the Property

Ellen Wang

COMPASS License #35724 Listed on: 02/02/2022

COMPASS

Last Buyer's Agent

Mike Chaffee

Whisper Real Estate License #27621

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1884200

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,234

Year Built

  • Built in 1995

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 80' x 312'
  • 80 Feet of Waterfront
  • Gated Home
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Sloped Lot
  • Sprinkler System
  • Garden

Parking

  • 2 Car Detached Garage

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Room
  • Unfinished Basement

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Docks
  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Medina Elementary School
  • Chinook Mid Middle School
  • Bellevue High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Medina Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9389700005

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,234

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1995
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 6920
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: Must show to earn
  • Special Features: None
  • Cumulative Days on Market: 1,112

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Appliances: Double Oven, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hot Water Recirc Pump, Hardwood, Wall to Wall Carpet, Second Kitchen, Wet Bar, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Security System, Vaulted Ceiling(s), Walk-In Pantry
  • Living Area: 6000
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 6000
  • SquareFootageUnfinished: 460
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,StoveRange,Washer

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 80

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community, See Remarks
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellevue
  • High School: Bellevue High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 9389700005
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.5647
  • Lot Size: 80' x 312'
  • Lot Size Sq Ft: 24600
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,Gated Entry,High Speed Internet,Moorage,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 49234

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Medina Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Jun 13, 2022
Sold by
Wu and Wen
Bought by
Chaffee Mike and Chaffee Jill
Seller's Agent
Ellen Wang
COMPASS
Buyer's Agent
Mike Chaffee
Whisper Real Estate
List Price
$12,888,000
Sold Price
$11,582,500
Premium/Discount to List
-$1,305,500
-10.13%
Current Estimated Value
$7,951,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,631,099
Avg. Annual Appreciation
-10.67%
Original Mortgage
$6,370,375
Outstanding Balance
$6,040,514
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$2,050,413

Purchase Details

Listed on
May 31, 2017
Closed on
Aug 17, 2017
Sold by
Collett Robert L and Collett Sue H
Bought by
Wu Jianbin and Cao Wen
Seller's Agent
Wendy Paisley
Windermere Real Estate/East
Buyer's Agent
Ellen Wang
COMPASS
List Price
$6,850,000
Sold Price
$6,300,000
Premium/Discount to List
-$550,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chaffee Mike $11,582,500 Fidelity National Title
Wu Jianbin $6,300,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaffee Mike $6,370,375
Previous Owner Wu Jianbin $7,000,000
Closed Chaffee Mike $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $11,582,500 -10.1% $1,930 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $12,888,000 +104.6% $2,148 / Sq Ft
08/31/2017 08/31/17 Sold $6,300,000 -8.0% $1,050 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $6,850,000 -- $1,142 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $62,196 $8,904,000 $7,041,000 $1,863,000
2023 $61,416 $8,185,000 $6,569,000 $1,616,000
2022 $51,843 $8,652,000 $7,324,000 $1,328,000
2021 $49,234 $6,371,000 $5,532,000 $839,000
2020 $49,645 $5,579,000 $4,845,000 $734,000
2018 $41,890 $5,301,000 $3,333,000 $1,968,000
2017 $37,226 $4,723,000 $2,971,000 $1,752,000
2016 $35,738 $4,467,000 $2,731,000 $1,736,000
2015 $34,026 $4,133,000 $2,527,000 $1,606,000
2014 -- $3,901,000 $2,387,000 $1,514,000
2013 -- $3,373,000 $2,100,000 $1,273,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1884200

Northwest Multiple Listing Service (NWMLS)

APN: 938970-0005