Listed by Pellego, Inc., Bought with John L. Scott Woodinville
NOT LISTED FOR SALE

7856 NE 8th St Medina, WA 98039

Estimated Value: $6,635,000 - $6,986,032

5 Beds
4 Baths
3,230 Sq Ft
$2,123/Sq Ft Est. Value

Last Sold January 08, 2014

Last sale price $1,288,000 $399 Per Sq Ft

Est. 432% increase in value since last sale

Current estimated payment $39,548/month

11 Days on Market

About This Home

As of January 2014

Nestled in the heart of the coveted Medina neighborhood, resting on a quiet lot that is nearly 20,000 square feet. With Medina Elementary School close by and Medina Park at the opposite end of the block--this lot is in the perfect location! Easy stroll to Medina Beach Park, local market, or Overlake Country Club and a short drive to 520 and Bellevue Square. Remarkable schools, easy commute, simply amazing!!! Seller prefers to sell this property and adjacent property to the same buyer.

Last Agent to Sell the Property

Brooke Roberge

Pellego, Inc. License #111927 Listed on: 12/05/2013

Co-Listed By

Sam Koswa

Queen Anne Real Estate License #23481

Last Buyer's Agent

George Thurtle

John L. Scott Woodinville License #30699

John L. Scott Woodinville

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM571704

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$42,999

Year Built

1922

Lot Details

0

Listing Details

  • Form 17: Provided
  • Special Features: None
  • Year Built: 1922

Interior Features

  • Basement: Fully Finished

Exterior Features

  • Roof: Composition
  • Exterior: Brick, Wood
  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Spaces: 3

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Heating and Cooling: Forced Air, Heat Pump
  • Sewer: Connected
  • Water Source: Public

Schools

  • School District: BE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2018
Sold by
Lexington Development Inc
Bought by
Pan Lily
Current Estimated Value
$6,857,677

Purchase Details

Closed on
May 9, 2018
Sold by
Lee Chen Nan and Pan Lily
Bought by
Pan Lily

Purchase Details

Listed on
Dec 5, 2013
Closed on
Jan 6, 2014
Sold by
Hovey Anthony F
Bought by
Lexington Development Inc
Seller's Agent
Brooke Roberge
Pellego, Inc.
Buyer's Agent
George Thurtle
John L. Scott Woodinville
List Price
$1,200,000
Sold Price
$1,288,000
Premium/Discount to List
$88,000
7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%

Purchase Details

Closed on
Apr 5, 1995
Sold by
Hovey Anthony F and Hovey Joan W
Bought by
Hovey Anthony F and Joan W Hovey Testamentary Trust
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
Pan Lily $4,450,000 First American Title
Pan Lily -- First American Title
Lexington Development Inc $2,229,500 First American
Hovey Anthony F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2014 01/08/14 Sold $1,288,000 +7.3% $399 / Sq Ft
12/17/2013 12/17/13 Pending -- -- --
12/05/2013 12/05/13 For Sale $1,200,000 -- $372 / 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 $42,999 $6,155,000 $2,697,000 $3,458,000
2023 $44,552 $5,808,000 $2,516,000 $3,292,000
2022 $39,096 $6,563,000 $2,805,000 $3,758,000
2021 $37,131 $4,804,000 $2,119,000 $2,685,000
2020 $37,443 $4,207,000 $1,856,000 $2,351,000
2018 $35,710 $4,519,000 $1,142,000 $3,377,000
2017 $20,231 $4,026,000 $1,018,000 $3,008,000
2016 $7,498 $2,427,000 $936,000 $1,491,000
2015 $8,182 $866,000 $866,000 $0
2014 -- $937,000 $849,000 $88,000
2013 -- $819,000 $747,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM571704

Northwest Multiple Listing Service (NWMLS)

APN: 252504-9110