Seller's Agent in 2022
Tere Foster
COMPASS
(425) 637-8373
29 in this area
403 Total Sales
Listed by COMPASS, Bought with Coldwell Banker Bain
611 Evergreen Point Rd Medina, WA 98039
Estimated Value: $5,129,000 - $21,375,482
5
Beds
7
Baths
9,450
Sq Ft
$1,402/Sq Ft
Est. Value
Highlights
- 92 Feet of Waterfront
- Docks
- Sauna
- Medina Elementary School Rated A
- Spa
- 1-minute walk to Medina City Hall Park
About This Home
As of August 2022Sweeping lake, mountain & city views + spectacular sunsets from this street-to-water, west-facing waterfront residence on Medina’s famed Gold Coast, perfectly positioned on 92± feet of waterfront with newly completed dock. Meticulously curated, this gated estate boasts soaring spaces for gathering & a thoughtful floor plan for everyday living. Envisioned with a commitment to craftsmanship & aesthetics, living spaces take full advantage of the view with floor-to-ceiling windows & multiple sets of French doors out to expansive patios & grounds. A handsome office on the main easily accommodates two, plus flex spaces throughout provide many WFH options. The manicured landscape offers an incredible opportunity to enjoy the beautiful lake life.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1921343
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $108,842
Year Built
- Built in 2000
Lot Details
- 0.7 Acre Lot
- 92 Feet of Waterfront
- Lake Front
- West Facing Home
- Gated Home
- Property is Fully Fenced
- Secluded Lot
- Level Lot
- Sprinkler System
- Garden
- Property is in very good condition
Property Views
- Lake
- City
- Mountain
- Territorial
Home Design
- Traditional Architecture
- Poured Concrete
- Stone Siding
- Stucco
Interior Spaces
- 9,450 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Skylights
- 4 Fireplaces
- Gas Fireplace
- French Doors
- Dining Room
- Loft
- Sauna
- Finished Basement
- Natural lighting in basement
Kitchen
- Walk-In Pantry
- Double Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Stone
- Marble
- Travertine
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Parking
- 3 Car Attached Garage
- Driveway
Outdoor Features
- Spa
- Bulkhead
- Docks
- Deck
- Patio
Schools
- Medina Elementary School
- Chinook Mid Middle School
- Bellevue High School
Utilities
- Central Air
- Heat Pump System
- Generator Hookup
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5427300030
Community Details
Overview
- No Home Owners Association
- Built by Edifice Construction
- Medina Subdivision
Recreation
- Tennis Courts
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 13, 2023
Sold by
Medina Group Holdings Llc
Bought by
Seed Development Group Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Outstanding Balance
$11,689,558
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,973,034
Purchase Details
Listed on
Apr 25, 2022
Closed on
Aug 9, 2022
Sold by
Perry Wayne M and Perry Christine
Bought by
Medina Group Holdings Llc
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Shelly Zhou
Coldwell Banker Bain
List Price
$26,950,000
Sold Price
$23,000,000
Premium/Discount to List
-$3,950,000
-14.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.33%
Original Mortgage
$11,500,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 30, 1999
Sold by
Shegnagaev Valeri and Afanasieva Janna
Bought by
Perry Wayne M and Perry Christine
Purchase Details
Closed on
Apr 26, 1994
Sold by
Evans Samuel P and Evans Karen M
Bought by
Shegnagaev Valeri and Afanasieva Janna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,010,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Seed Development Group Llc | -- | Chicago Title | |
| Medina Group Holdings Llc | $23,000,000 | Chicago Title | |
| Perry Wayne M | $6,895,000 | Chicago Title Insurance Co | |
| Shegnagaev Valeri | $4,300,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Seed Development Group Llc | $12,000,000 | |
| Previous Owner | Medina Group Holdings Llc | $11,500,000 | |
| Previous Owner | Shegnagaev Valeri | $3,010,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $23,000,000 | -14.7% | $2,434 / Sq Ft |
| 06/21/2022 06/21/22 | Pending | -- | -- | -- |
| 04/25/2022 04/25/22 | For Sale | $26,950,000 | -- | $2,852 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $137,311 | $19,661,000 | $12,047,000 | $7,614,000 |
| 2023 | $129,736 | $17,293,000 | $11,238,000 | $6,055,000 |
| 2022 | $108,843 | $18,278,000 | $12,529,000 | $5,749,000 |
| 2021 | $102,862 | $13,378,000 | $9,463,000 | $3,915,000 |
| 2020 | $103,713 | $11,658,000 | $8,287,000 | $3,371,000 |
| 2018 | $102,884 | $13,022,000 | $7,363,000 | $5,659,000 |
| 2017 | $91,425 | $11,602,000 | $6,563,000 | $5,039,000 |
| 2016 | $87,765 | $10,973,000 | $6,033,000 | $4,940,000 |
| 2015 | $83,550 | $10,152,000 | $5,581,000 | $4,571,000 |
| 2014 | -- | $9,581,000 | $5,271,000 | $4,310,000 |
| 2013 | -- | $8,283,000 | $4,636,000 | $3,647,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tere Foster
-
Shelly Zhou
Buyer's Agent in 2022
Shelly Zhou
Coldwell Banker Bain
(425) 802-5667
13 in this area
23 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1921343
APN: 542730-0030
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Based on information submitted to the MLS GRID
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