NOT LISTED FOR SALE

8700 NE 11th St Medina, WA 98039

Estimated Value: $5,661,000 - $6,746,000

5 Beds
6 Baths
5,149 Sq Ft
$1,168/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $5,050,000 $981 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $36,018/month

4 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • Medina Elementary School Rated A
  • Territorial View
  • 2 Fireplaces

About This Home

As of June 2021

DK Design & Build’s newest project, the Oak & Iron House, just 1 mile from Bellevue Square, at the end of a quiet cul-de-sac. Thoughtfully crafted w/a Mid-Century Modern palette. In collaboration w/Metrica Architects, this custom home focuses on creating extraordinary volume & light w/floor-to-ceiling windows, floating stairs & skylight clusters. Exceptional entertainment spaces w/heated outdoor dining & living areas. Walls of glass expand the great-room footprint, creating a warm & captivating atmosphere perfect for PNW summer nights. Featuring 5-bedrooms (3 en suites), theatre room, gym (or 6th-bedroom), media loft, outdoor kitchen, office, & three-car garage. Perfectly positioned a few blocks from the best schools Bellevue has to offer.

Last Agent to Sell the Property

Ky Reichle

Windermere Real Estate/East License #22887 Listed on: 04/29/2021

Windermere Real Estate/East

Co-Listed By

Sarah Mcgrath

Windermere Real Estate/East License #84285

Last Buyer's Agent

Grace Fowlds

Windermere Bellevue Commons License #129529

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1765487

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,071

Year Built

  • Built in 2021

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Wood Siding
  • Stone

Interior Spaces

  • 2 Fireplaces
  • Territorial Views
  • Finished Basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Medina Community

Listing and Financial Details

  • Assessor Parcel Number 3323500041

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,071

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Contemporary
  • New Construction: Completed
  • Homebuilder: DK Design & Build LLC
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • New Construction: Y
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, E1, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Loft, Skylights, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 5.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 5
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Upper
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5149
  • Square Footage Finished: 5149

Exterior Features

  • Construction Methods: Steel And Concrete, Standard Frame
  • Exterior: Cement/Concrete, Stone, Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, K
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Radiant, 90%+ High Efficiency, Ductless Hp-Mini Split, Hot Water Recirc Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Bellvue
  • Water Heater: Mechanical Room-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: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 11288
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 3323500041
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 14220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 3, 2021
Sold by
Medina Ne 11 Llc
Bought by
Li Lan and Ge Linhui
Seller's Agent
Ky Reichle
Windermere Real Estate/East
Buyer's Agent
Grace Fowlds
Windermere Bellevue Commons
List Price
$4,989,000
Sold Price
$5,050,000
Premium/Discount to List
$61,000
1.22%
Current Estimated Value
$6,014,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$964,202
Avg. Annual Appreciation
3.88%
Original Mortgage
$3,030,000
Outstanding Balance
$2,730,671
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$3,190,530

Purchase Details

Closed on
Nov 15, 2016
Sold by
Cheerlight Management Group Llc
Bought by
Medina Ne 11 Llc

Purchase Details

Listed on
Mar 25, 2016
Closed on
Apr 1, 2016
Sold by
Buffington Timothy M
Bought by
Cheerlight Management Group Llc
Seller's Agent
Anne Marie Peterson
COMPASS
Buyer's Agent
Anne Marie Peterson
COMPASS
List Price
$1,052,000
Sold Price
$1,308,000
Premium/Discount to List
$256,000
24.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.47%

Purchase Details

Closed on
Oct 29, 1987
Sold by
Buffington Michelle Ann
Bought by
Buffington Timothy M
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
Li Lan $5,050,000 Commonwealth Land Title
Medina Ne 11 Llc $10,030 None Available
Cheerlight Management Group Llc $1,308,000 Cw Title Co
Buffington Timothy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Lan $400,000
Open Li Lan $3,030,000
Previous Owner Buffington Timothy M $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $5,050,000 +1.2% $981 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $4,989,000 +281.4% $969 / Sq Ft
03/29/2016 03/29/16 Sold $1,308,000 +24.3% $623 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $1,052,000 -- $501 / 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 $37,071 $5,306,000 $2,317,000 $2,989,000
2023 $38,275 $5,100,000 $2,162,000 $2,938,000
2022 $43,945 $5,763,000 $2,411,000 $3,352,000
2021 $32,058 $5,400,000 $1,821,000 $3,579,000
2020 $14,220 $3,632,000 $1,595,000 $2,037,000
2018 $9,411 $1,105,000 $1,105,000 $0
2017 $8,368 $1,060,000 $985,000 $75,000
2016 $8,034 $1,003,000 $906,000 $97,000
2015 $7,651 $928,000 $839,000 $89,000
2014 -- $876,000 $793,000 $83,000
2013 -- $758,000 $698,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1765487

Northwest Multiple Listing Service (NWMLS)

APN: 332350-0041