NOT LISTED FOR SALE

525 Overlake Dr E Medina, WA 98039

Estimated Value: $4,899,346 - $6,207,000

4 Beds
1 Bath
4,862 Sq Ft
$1,103/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $3,400,000 $699 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $30,847/month

Highlights

  • Bay View
  • Traditional Architecture
  • 3 Fireplaces
  • Medina Elementary School Rated A
  • Wood Flooring
  • Double Oven

About This Home

As of May 2021

Don't let the steep drive scare you, it presents you with the Stunning Views of the sparkling waters of Meydenbauer Bay, Lake Washington, and the Majestic Peaks of Mt Rainier. This private oasis has many fabulous qualities. The main floor offers formal living and dining rooms, a family/flex room, remodeled kitchen that features high-end SS appliances - all rooms have That Stunning View. Upstairs, the spacious Owner’s Suite features a granite, 6 piece en suite bathroom w sophisticated detail, 2 walk-in closets, a sitting area w a fireplace, and a work-at-home space w That Stunning View. The lower level has a separate living space w a door that can be closed to make an ADU.

Last Agent to Sell the Property

Elliott Franklin

Engel & Voelkers Seattle DT License #113495 Listed on: 01/28/2021

Engel & Voelkers Seattle DT

Co-Listed By

Karen Abbey

Coldwell Banker Bain License #107077

Last Buyer's Agent

Cary Porter

The Cascade Team License #50233

The Cascade Team

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1719474

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,013

Year Built

  • Built in 1990

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Detached Garage

Property Views

  • Bay
  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 3 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Community Details

  • Medina Community

Listing and Financial Details

  • Assessor Parcel Number 3835502300

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,013

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Traditional
  • Approved Accessory Dwelling: Lower
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Wired For Generator, Dining Room, Fireplace In Mstr Br, French Doors, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet, O, Q
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 2
  • Bathrooms: 4.25
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4862
  • Square Footage Finished: 4862

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Bay, City, Lake, Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Heat Pump, Ductless Hp-Mini Split, Tankless Water Heater
  • Sewer: Sewer Connected
  • Water Heater: basement-gas
  • 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
  • Lot Sq Ft: 9900
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 3835502300
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 24620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
May 10, 2021
Sold by
Judge Lisa M
Bought by
Gillison Cynthia and Goldsborough Eric Sean
Seller's Agent
Elliott Franklin
Engel & Voelkers Seattle DT
Buyer's Agent
Cary Porter
The Cascade Team
List Price
$3,620,000
Sold Price
$3,400,000
Premium/Discount to List
-$220,000
-6.08%
Current Estimated Value
$5,362,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,962,115
Avg. Annual Appreciation
10.48%
Original Mortgage
$2,720,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2021
Sold by
Brage Michael
Bought by
Judge Lisa M

Purchase Details

Closed on
Sep 26, 2011
Sold by
Phaup Kevin and Wassink Cathy
Bought by
Brage Michael and Judge Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,800
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 1997
Sold by
Gilmore A Douglas and Gilmore Joy C
Bought by
Phoup Kevin and Wissink Cathy

Purchase Details

Closed on
Feb 28, 1994
Sold by
Key Svgs Bank
Bought by
Gilmore A Douglas and Gilmore Joy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.09%

Purchase Details

Closed on
Oct 15, 1993
Sold by
Rosenblum Mark J
Bought by
Key Svgs Bank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gillison Cynthia $3,400,000 Ticor Title
Judge Lisa M -- Accommodation
Brage Michael $1,406,000 Chicago Title
Phoup Kevin $889,000 Transnation Title Insurance
Gilmore A Douglas $570,000 --
Key Svgs Bank $552,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillison Cynthia $2,720,000
Previous Owner Brage Michael $1,124,800
Previous Owner Gilmore A Douglas $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $3,400,000 -5.4% $699 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/09/2021 04/09/21 Price Changed $3,595,000 -0.7% $739 / Sq Ft
04/02/2021 04/02/21 For Sale $3,620,000 0.0% $745 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $3,620,000 0.0% $745 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
02/22/2021 02/22/21 Price Changed $3,620,000 -2.0% $745 / Sq Ft
01/28/2021 01/28/21 For Sale $3,695,000 -- $760 / 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 $29,013 $4,152,000 $2,422,000 $1,730,000
2023 $28,651 $3,817,000 $2,260,000 $1,557,000
2022 $25,707 $4,314,000 $2,520,000 $1,794,000
2021 $24,418 $3,158,000 $1,904,000 $1,254,000
2020 $24,620 $2,766,000 $1,668,000 $1,098,000
2018 $25,637 $3,243,000 $1,316,000 $1,927,000
2017 $21,039 $2,890,000 $1,173,000 $1,717,000
2016 $19,911 $2,524,000 $1,079,000 $1,445,000
2015 $18,942 $2,336,000 $999,000 $1,337,000
2014 -- $2,205,000 $944,000 $1,261,000
2013 -- $1,907,000 $831,000 $1,076,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1719474

Northwest Multiple Listing Service (NWMLS)

APN: 383550-2300