Listed by COMPASS, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

8477 Ridge Rd Medina, WA 98039

Estimated Value: $6,393,000 - $7,192,000

4 Beds
4.5 Baths
5,406 Sq Ft
$1,267/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $5,100,000 $943 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $41,031/month

49 Days on Market

Highlights

  • Lake View
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Medina Elementary School Rated A
  • Deck
  • 4-minute walk to Viewpoint Park

About This Home

As of June 2020

Enjoy expansive views of Lake Washington, the Olympic Mountains, and Seattle skyline from this luxury home; Situated in the desirable Medina Heights, this home offers it all; office, theatre, bonus room, bar, covered outdoor living, master on the main, elevator, high-end finishes & an open floor plan with water views. Meticulously maintained home with privacy on one of the most desirable streets. Medina Elementary, Bellevue School District and easy access to downtown, shopping, and fine dining.

Last Agent to Sell the Property

Haleh Clapp

COMPASS License #134124 Listed on: 03/17/2020

COMPASS

Last Buyer's Agent

Shelly Zhou

Coldwell Banker Bain License #108029

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1578731

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,303

Year Built

  • Built in 2013

Lot Details

  • 0.27 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Stone Siding
  • Stucco
  • Wood Composite

Interior Spaces

  • 5,406 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Skylights
  • 5 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck

Schools

  • Medina Elementary School
  • Chinook Mid Middle School
  • Bellevue High School

Utilities

  • Water Heater
  • High Speed Internet

Community Details

  • Medina Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6447300175

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,303

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2013
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 5406
  • SeniorExemption: false
  • SOCComments: Thank you for Showing
  • Special Features: None
  • Cumulative Days on Market: 80

Interior Features

  • Fireplaces: 5
  • Appliances: Double Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), Jetted Tub, Security System, Skylight(s), Water Heater
  • Living Area: 5406
  • Main Level Bedrooms: 1
  • Bathrooms: 4
  • BathsFullMain: 1
  • FireplacesMain: 4
  • SquareFootageFinished: 5406
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 2
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Microwave,Range/Oven,Refrigerator
  • FireplacesLower: 1

Exterior Features

  • Roof: Tile
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Open Space
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stone, Stucco, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Security System, Fully Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterLocation: Lower level
  • WaterHeaterType: Gas

Schools

  • Junior High Dist: Bellevue
  • High School: Bellevue High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 6447300175
  • Topography: Level
  • Lot Size Acres: 0.2711
  • Lot Size Sq Ft: 11808
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gas Available,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: County records
  • MLSSquareFootageSource: Appraiser

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 33303

MLS Schools

  • Elementary School: Medina Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Jun 11, 2020
Sold by
Xiong Xu
Bought by
Samedy Ouk and Samedy Ouk Revocable Trust
Seller's Agent
Haleh Clapp
COMPASS
Buyer's Agent
Shelly Zhou
Coldwell Banker Bain
List Price
$5,500,000
Sold Price
$5,100,000
Premium/Discount to List
-$400,000
-7.27%
Current Estimated Value
$6,896,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,796,602
Avg. Annual Appreciation
6.15%
Original Mortgage
$3,060,000
Outstanding Balance
$2,742,219
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$4,191,456

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jun 12, 2014
Sold by
Steven D Smith Construction Inc
Bought by
Xu Xiong
Seller's Agent
Mark von der Burg
COMPASS
Buyer's Agent
Caroline Ho
Da Li International Realty LLC
List Price
$4,588,000
Sold Price
$4,535,000
Premium/Discount to List
-$53,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Apr 5, 2011
Sold by
8477 Ridge Road Llc
Bought by
Steven D Smith Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Hopen John William
Bought by
The 8477 Ridge Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1999
Sold by
Ginsberg Linda M
Bought by
Hopen John William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 29, 1994
Sold by
Ginsberg Ronnell L
Bought by
Ginsberg Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,350
Interest Rate
6.62%

Purchase Details

Closed on
Sep 29, 1993
Sold by
Olmeim Gary E and Olmeim Linda J
Bought by
Ginsberg Ronnell L and Ginsberg Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
4.37%

Purchase Details

Closed on
Jul 6, 1992
Sold by
Ueki America Corp
Bought by
Olmeim Gary E and Olmeim Linda J
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 Buyer Sale Price Title Company
Samedy Ouk $5,100,000 Chicago Title
Xu Xiong $4,535,000 Chicago Title
Steven D Smith Construction Inc $1,600,000 Chicago Title
The 8477 Ridge Road Llc $1,250,000 Old Republic T
Hopen John William $740,000 Chicago Title Insurance Co
Ginsberg Linda M -- --
Ginsberg Linda M -- Stewart Title
Ginsberg Ronnell L $545,000 Transamerica Title Insurance
Ginsberg Ronnell L $545,000 --
Olmeim Gary E $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samedy Ouk $3,060,000
Previous Owner Steven D Smith Construction Inc $2,139,700
Previous Owner Steven D Smith Construction Inc $1,162,500
Previous Owner The 8477 Ridge Road Llc $1,000,000
Previous Owner Hopen John William $592,000
Previous Owner Ginsberg Linda M $308,350
Previous Owner Ginsberg Ronnell L $436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2020 06/16/20 Sold $5,100,000 -7.3% $943 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $5,500,000 +21.3% $1,017 / Sq Ft
06/23/2014 06/23/14 Sold $4,535,000 -1.2% $855 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $4,588,000 -- $865 / 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 $39,256 $5,619,000 $2,831,000 $2,788,000
2023 $38,770 $5,166,000 $2,641,000 $2,525,000
2022 $34,777 $5,838,000 $2,945,000 $2,893,000
2021 $33,029 $4,273,000 $2,225,000 $2,048,000
2020 $33,303 $3,742,000 $1,949,000 $1,793,000
2018 $39,762 $5,031,000 $1,699,000 $3,332,000
2017 $35,335 $4,483,000 $1,515,000 $2,968,000
2016 $33,923 $4,240,000 $1,393,000 $2,847,000
2015 $32,299 $3,923,000 $1,289,000 $2,634,000
2014 -- $3,703,000 $1,218,000 $2,485,000
2013 -- $1,072,000 $1,072,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1578731

Northwest Multiple Listing Service (NWMLS)

APN: 644730-0175