NOT LISTED FOR SALE

2403 Evergreen Point Rd Medina, WA 98039

Estimated Value: $2,276,000 - $20,527,133

4 Beds
7 Baths
8,250 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $15,000,000 $1,818 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $71,810/month

110 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Docks
  • 1.2 Acre Lot
  • Medina Elementary School Rated A
  • Lake View
  • Fireplace in Primary Bedroom

About This Home

As of July 2020

This desirable East Coast-inspired waterfront estate in the heart of Medina has it all. A masterwork collaboration of Stillwell Hanson & Schultz Miller with perfect balance of casual living and formal entertaining spaces. High end custom finishes throughout. Amenities include media room, music & exercise studios, elevator, shoreline cabana & guest house. 90 feet of prime west facing Medina waterfront with expansive views of Lake WA, Seattle skyline & Olympic Mountains. Architectural perfection

Last Agent to Sell the Property

Haleh Clapp

COMPASS License #134124 Listed on: 03/06/2020

COMPASS

Last Buyer's Agent

Haleh Clapp

COMPASS License #134124 Listed on: 03/06/2020

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1574726

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $94,968

Year Built

  • Built in 2003

Lot Details

  • 1.2 Acre Lot
  • 90 Feet of Waterfront
  • Open Space
  • Dog Run
  • Gated Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

Parking

  • 4 Car Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 8,250 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Gazebo

Additional Homes

  • ADU includes 1 Bedroom and 1 Bathroom

Schools

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

Utilities

  • The lake is a source of water for the property
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Built by Schultz Miller
  • Medina Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9208900005

Home Details

Home Type

Single Family

Est. Annual Taxes

$94,968

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2003
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 8980
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • SOCComments: Thank you for showing!
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Appliances: Double Oven, Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Security System, Water Heater
  • Living Area: 8250
  • Bathrooms: 4.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 8250
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 2
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 1
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • FireplacesUpper: 1
  • ADUBaths: 1
  • ADUBeds: 1

Exterior Features

  • View: City, Lake, Mountain(s)
  • Lot Features: Open Space, Secluded
  • View: Yes
  • Waterfront: Yes
  • Builder Name: Schultz Miller
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 90

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Lake, Public
  • Security: Security Gate, Security System, Fully Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterLocation: lower level
  • WaterHeaterType: gas

Schools

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

Lot Info

  • Parcel Number: 9208900005
  • Topography: Level,SteepSlope
  • Lot Size Acres: 1.2017
  • Lot Size Sq Ft: 52345
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Dock,Dog Run,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: King County Records
  • MLSSquareFootageSource: King County Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 94968

MLS Schools

  • Elementary School: Medina Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jul 14, 2020
Sold by
Gunningham Sebastian J and Sebastian J Gunningham 2001 Re
Bought by
Lake Washington Waterfront Property Llc
Seller's Agent
Haleh Clapp
COMPASS
Buyer's Agent
Haleh Clapp
COMPASS
List Price
$16,500,000
Sold Price
$15,000,000
Premium/Discount to List
-$1,500,000
-9.09%
Current Estimated Value
$11,401,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,598,433
Avg. Annual Appreciation
-3.91%
Original Mortgage
$10,000,000
Outstanding Balance
$7,284,275
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$4,923,037

Purchase Details

Closed on
Feb 24, 2014
Sold by
Schiro Stephen A and Schiro Diana M
Bought by
Gunningham Sebastian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,825,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2004
Sold by
Schiro Stephen A and Schiro Diana M
Bought by
Schiro Stephen A and Schiro Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,935,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1998
Sold by
Warth David C and Warth Dena H
Bought by
Schiro Stephen A and Schiro Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
Lake Washington Waterfront Property Llc $15,000,000 Chicago Title
Gunningham Sebastian J $9,750,000 Chicago Title
Schiro Stephen A -- First American
Schiro Stephen A $1,915,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Washington Waterfront Property Llc $10,000,000
Previous Owner Gunningham Sebastian J $6,825,000
Previous Owner Schiro Stephen A $1,935,000
Previous Owner Schiro Stephen A $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $15,000,000 -9.1% $1,818 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $16,500,000 -- $2,000 / 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 $136,327 $19,520,000 $10,577,000 $8,943,000
2023 $127,126 $16,945,000 $9,867,000 $7,078,000
2022 $106,655 $17,910,000 $11,001,000 $6,909,000
2021 $101,292 $13,109,000 $8,309,000 $4,800,000
2020 $102,127 $11,480,000 $7,276,000 $4,204,000
2018 $90,063 $11,975,000 $4,502,000 $7,473,000
2017 $70,040 $10,669,000 $4,013,000 $6,656,000
2016 $65,378 $8,919,000 $3,689,000 $5,230,000
2015 $60,008 $7,562,000 $3,413,000 $4,149,000
2014 -- $6,881,000 $3,223,000 $3,658,000
2013 -- $5,949,000 $2,835,000 $3,114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1574726

Northwest Multiple Listing Service (NWMLS)

APN: 920890-0005