Listed by Coldwell Banker Bain, Bought with Best Choice Realty LLC
NOT LISTED FOR SALE

3242 Evergreen Point Rd Medina, WA 98039

Estimated Value: $6,643,000 - $9,048,690

0.5 Acre
$15,130,460 Price per Acre
21,780 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $1,706,250

Est. 343% increase in value since last sale

Current estimated payment $43,237/month

About This Lot

As of January 2021

Build your dream home! Private setting on desirable Evergreen Point Road. Nearly half-acre, level lot. Stunning “secret garden.” Architects feasibility with impervious surface calculations and proposed site plan available. Easily build up to a 7,000 SF home. Enjoy nearby Fairweather Park with trails, two tennis courts and basketball court. Minutes to downtown Bellevue and Seattle by car, bus or bike. The new 520 pedestrian/bike path connects to 60 miles of trails from Redmond to Seattle.

Last Agent to Sell the Property

Christi Clark

Coldwell Banker Bain License #44895 Listed on: 08/24/2020

Coldwell Banker Bain

Last Buyer's Agent

Ashok Meyyappan

Best Choice Realty LLC License #129990

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1652224

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,531

Lot Details

  • Street terminates at a dead end
  • Level Lot

Community Details

  • Medina Community

Listing and Financial Details

  • Assessor Parcel Number 7397300200

Property Details

Property Type

Land

Est. Annual Taxes

$37,531

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Corners Flagged
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: west

Utilities

  • Electricity: Available
  • Gas Available: Available
  • Sewer: On Property
  • Water: In Street

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

  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 21750
  • Parcel Number: 7397300200
  • Slopeof Property: east
  • Topography: Level, Sloped
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 18350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Jan 12, 2021
Sold by
Kaneko Steven T and Kaneko Gail S
Bought by
Meyyappan Ashok and Easwaran Rajanayagi
Seller's Agent
Christi Clark
Coldwell Banker Bain
Buyer's Agent
Ashok Meyyappan
Best Choice Realty LLC
List Price
$1,985,000
Sold Price
$1,706,250
Premium/Discount to List
-$278,750
-14.04%
Current Estimated Value
$7,565,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,858,980
Avg. Annual Appreciation
6.29%
Original Mortgage
$1,000,000
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1999
Sold by
Kutz John W and Kutz Mary Jane
Bought by
Kaneko Steve and Kaneko Gail
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Meyyappan Ashok $1,706,250 Chicago Title Company Of Wa
Kaneko Steve $450,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meyyappan Ashok $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,706,250 -14.0% --
10/22/2020 10/22/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $1,985,000 -- --
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 $37,531 $5,372,000 $2,994,000 $2,378,000
2023 $21,149 $2,793,000 $2,793,000 $0
2022 $19,150 $3,114,000 $3,114,000 $0
2021 $18,190 $2,352,000 $2,352,000 $0
2020 $18,350 $2,060,000 $2,060,000 $0
2018 $10,731 $1,356,000 $1,356,000 $0
2017 $9,275 $1,209,000 $1,209,000 $0
2016 $8,906 $1,112,000 $1,112,000 $0
2015 $8,486 $1,029,000 $1,029,000 $0
2014 -- $972,000 $972,000 $0
2013 -- $855,000 $855,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1652224

Northwest Multiple Listing Service (NWMLS)

APN: 739730-0200