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$6,999,000

Beds
2
Baths
2.0
sq ft
1,690

450 Overlake Dr E, Medina, WA 98039

450 Overlake Dr E

Medina, WA 98039

  • 59 days on market
Desirable street-to-water lot with panoramic views and no bank waterfront on Lake Washington's Meydenbauer Bay. Enjoy gorgeous and expansive views of Mt. Rainier and the downtown Bellevue skyline. Idyllic setting inspires outdoor living and affords a front-row seat to fireworks displays and year-round activities on the lake. Rare boathouse at water’s edge. With endless possibilities of building your dream home, this unique property is a once in a lifetime opportunity. Highly rated Medina and Bellevue Schools. Easy access to freeways, Bellevue, and Seattle.

Details

Property type

Single Family Residence

Est. home value

$7,900,511

Lot size

0.2755 acres

Price per sq ft

$4,142

Year built

1923

Annual property taxes

$26,238

Price History

05/07/2024
NorthwestMLS

NorthwestMLS #2231886

Listed
$6,999,000
-12.38%
12/12/2023
NorthwestMLS

NorthwestMLS #2167054

Removed
$7,988,000
09/29/2023
NorthwestMLS

NorthwestMLS #2167054

Listed
$7,988,000

Schools & Community

Elementary school: 

Medina Elem

Middle school: 

Chinook Mid

High school: 

Bellevue High

School district: 

Bellevue

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Conventus Llc

Loan start date

May 2023

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial

Seller

Medina Overlake I Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/04/2024 at 8:45 PM

Listing updated: 05/20/2024 at 2:00 PM

Listed by: Haleh Clapp, COMPASS Phone #: (425) 637-7777

MLS: NorthwestMLS #2231886

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