$7,700,000
SOLD JAN 12, 2021

2659 Evergreen Point Rd Medina, WA 98039

4 Beds
4 Baths
4,600 Sq Ft
1.06 Acres

Recently Sold

$1,674 Per Sq Ft

20% Below List Price

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • Lake View
  • Medina Elementary School Rated A
  • Docks
  • Wood Flooring

About This Home

As of December 2023

This scenic Lake Washington waterfront property is sited on a one+ acre gated lot from street-to-lake. A custom-built contemporary style home with large window-walls on both levels enjoy the expensive 180°+ west-facing views of Lake, Seattle city skyline, and The Olympic Mountains. The home has two master suites, main floor office, upper level family room, and a 2nd kitchen. 62 feet private waterfront features a 100 feet dock with deep water moorage, and a boathouse structure. Building plans available. A rare opportunity for endless options that either remodel or build your dream home on Medina Gold Coast.

Last Agent to Sell the Property

Shelly Zhou

Coldwell Banker Bain License #108029 Listed on: 12/12/2020

Coldwell Banker Bain

Last Buyer's Agent

Shelly Zhou

Coldwell Banker Bain License #108029 Listed on: 12/12/2020

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1684374

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,297

Year Built

  • Built in 1997

Lot Details

  • Low Bank Waterfront Property
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Stucco

Interior Spaces

  • 1 Fireplace

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Boathouse
  • Docks
  • Patio

Community Details

  • Medina Community

Listing and Financial Details

  • Assessor Parcel Number 2425049165

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,297

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Master Br, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Bathrooms: 3.50
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Upper
  • Kitchen: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4600
  • Square Footage Finished: 4600

Exterior Features

  • Exterior: Stucco
  • Foundation: Poured Concrete
  • Roof: Flat
  • View: City, Lake, Mountain
  • Waterfront: Bank-High, Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 62

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Medina

Schools

  • Elementary School: Medina Elem
  • Middle School: Chinook Mid
  • High School: Bellevue High
  • School District: BE

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 45998
  • Lot Topography Vegetation: Garden Space, Level, Steep Slope
  • Parcel Number: 2425049165
  • Lot Topography: Garden Space, Level, Steep Slope

Tax Info

  • Tax Amount: 54983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Nov 15, 2023
Sold by
Yuan David and Wang Ying Ingrid
Bought by
Cheng Yushou and Liu Yuanli
Seller's Agent
Shelly Zhou
Coldwell Banker Bain
Buyer's Agent
Ashima Agarwal
eXp Realty
List Price
$14,500,000
Sold Price
$11,880,000
Premium/Discount to List
-$2,620,000
-18.07%
Views
285
Current Estimated Value
$8,499,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,380,682
Avg. Annual Appreciation
-12.60%
Original Mortgage
$7,128,000
Outstanding Balance
$7,009,684
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$2,287,324

Purchase Details

Listed on
Dec 12, 2020
Closed on
Jan 7, 2021
Sold by
Kwan Edward K and Kwan Shau Ha
Bought by
Yuan David and Wang Ying Ingrid
Seller's Agent
Shelly Zhou
Coldwell Banker Bain
Buyer's Agent
Shelly Zhou
Coldwell Banker Bain
List Price
$9,600,000
Sold Price
$7,700,000
Premium/Discount to List
-$1,900,000
-19.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%

Purchase Details

Closed on
Jun 13, 1996
Sold by
Anderson Daniel H and Anderson Helen M
Bought by
Kwan Edward K and Kwan Shau Ha
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 Type Sale Price Title Company
Warranty Deed $11,880,000 Rainier Title
Warranty Deed $7,700,000 Rainier Title
Warranty Deed $975,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,128,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $11,880,000 -18.1% $2,583 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $14,500,000 +88.3% $3,152 / Sq Ft
01/12/2021 01/12/21 Sold $7,700,000 -19.8% $1,674 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
12/12/2020 12/12/20 For Sale $9,600,000 -- $2,087 / 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 $69,297 $9,921,000 $7,976,000 $1,945,000
2023 $65,432 $9,120,000 $7,441,000 $1,679,000
2022 $57,416 $9,640,000 $8,296,000 $1,344,000
2021 $54,528 $7,056,000 $6,266,000 $790,000
2020 $54,983 $6,179,000 $5,487,000 $692,000
2018 $42,750 $5,410,000 $3,100,000 $2,310,000
2017 $37,992 $4,820,000 $2,763,000 $2,057,000
2016 $36,473 $4,559,000 $2,540,000 $2,019,000
2015 $34,723 $4,218,000 $2,350,000 $1,868,000
2014 -- $3,981,000 $2,220,000 $1,761,000
2013 -- $3,442,000 $1,953,000 $1,489,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1684374

Northwest Multiple Listing Service (NWMLS)

APN: 242504-9165