The title to the home was conveyed to the seller via Trustee’s deed in November ‘09, meaning that it was probably some type of foreclosure that reverted back to the bank. It looks like the home had around $2.3 million in publicly-recorded financing attached to it in early 2009.
This bank-owned home sold after just 11 days on the market, which is likely due to the bank pricing it slightly under market value to facilitate a quick sale. Sales in Medina have been slow in general, so this is a standout marketing time.
The home sold for $1.35 million after a quick price drop in the listing. It’s a good-sized home at 4000 sq ft, with a 6000 square foot lot, which is on the smaller side for Medina real estate.
This information not compiled or published or by the NWMLS.
SeattleHome.com – Washington State Realty – (206) 658-3225
Real Estate Brokers, Realtors, Green Certified Pros
Medina WA Homes Sold, January 2010 – One Foreclosure/Bank-Owned Home Sale
There’s No Monopoly in Seattle Real Estate Sales
(Information not compiled or published by the NWMLS)
I count 18 different brokerages involved in these top 10 transactions. If there is a monopoly, it’s certainly not at the top of the luxury home market. Not only are the offices spread widely, but there are many independent/non-national brands represented across the spectrum.
City
Price
Listing Office Name
Selling Office Name
Seattle
$5,300,000
Windermere Madison
Windermere Wallingford
Clyde Hill
$5,399,900
John L. Scott Bellevue
RE/MAX Connected
Bellevue
$5,460,000
Windermere Kirkland
Wallace Properties, Inc.
Mercer Island
$5,950,000
Windermere Bellevue
Ewing & Clark Mercer Isl.
Medina
$6,095,000
John L. Scott Mercer Isl.
John L. Scott Mercer Isl.
Bainbridge Island
$6,275,000
Coldwell Banker McKenzie
Windermere Bainbridge
Seattle (condo)
$9,750,000
ek Real Estate Group
Prudential NW
Seattle
$10,600,000
Madison House, Ltd.
Gerrard Beattie & Knapp
Seattle
$11,500,000
Windermere Wallingford
Windermere Wall St
Mercer Island
$15,560,000
Ewing & Clark, Inc.
Coldwell Banker Bain
Listing Agent Name
Selling Agent Name
Mary P Snyder
M. Patrick Chinn
Stephen D MacDonald
Sam DeBord and Brian Wiegand
Dave Rodland
Susan Naficy
Tere G Foster
Kris B Robbs
Larry Williams
Larry Williams
Georg Syvertsen
Jan R Johnson
Edward S Krigsman
Tracy E Harris
Kitty K Hughes
Spafford Robbins
Bob Bennion
Holley Ring
Betsy Q Terry
Linda H Tsang
SeattleHome.com – Washington State Realty – (206) 658-3225
Real Estate Brokers, Realtors, Green Certified Pros 
Greater Seattle’s Top 10 Home Sales of 2009
Sam DeBord and Brian Wiegand
Price
Address
Beds
Baths
Sq Ft
Selling Agent
Listing Agent
$5.1MM
9300 NE 13th St Clyde Hill
5
4.75
6882
Wendy Lister
Steven Erickson
$5.3MM
1105 Parkside Dr E Seattle
4
3.5
5500
M. Patrick Chinn
Mary Snyder
$5.4MM
10 Undisclosed Clyde Hill
6
6.75
10300
Sam DeBord and
Stephen MacDonald
Brian Wiegand
$5.5MM
9125 Lake WA Blvd NE Bellevue
4
3.25
6320
Susan Naficy
Dave Rodland
$5.6MM
450 W Lk Samm. Pkwy Bellevue
5
7.5
11750
Debbie Jenner Culp
Judy Layton
$6.0MM
7406 N Mercer Way Mercer Island
5
4.25
7907
Kris Robbs
Tere Foster
$6.1MM
3329 Evergreen Point Rd Medina
5
7.5
7100
Larry Williams
Larry Williams
$10.6MM
XXXX Undisclosed Seattle
6
4.75
0
Spafford Robbins
Kitty Hughes
$11.5MM
5025 NE Laurelcrest Ln Seattle
5
5.25
9808
Holley Ring
Bob Bennion
$15.6MM
XXX Undisclosed Mercer Island
5
8.5
0
Linda Tsang
SeattleHome.com – Washington State Realty – (206) 658-3225
Real Estate Brokers, Realtors, Green Certified Pros
Greater Seattle’s Lake Washington Towns On U.S.’s Most Expensive List
The towns of Hunts Point, Medina, Yarrow Point, and Clyde Hill, all on the Seattle metro’s Eastside, checked in on the top 50 list. Each on of these areas has its own unique characteristics, but all share the feel of privacy and upscale living while still being a short jog from downtown Bellevue and a 10 minute drive into Seattle (traffic willing).
Median home sale price: $2,930,863
Price change YOY: -2.9%
Population: 437
Median household income: $179,898
Hunts Point is the most private community on this list. Take one drive down Hunts Point Drive and you’ll see why. Towering trees, long, meandering driveways past gated entries, and a straight shot from video-monitored entry to the tip of the point. There’s no reason to drive into Hunts Point if you don’t live there, so there’s virtually no traffic. The waterfront homes are stunning if you can get a glimpse of them–most are far out of view from the street. The tip of Hunts Point is currently available for sale, a 2 acre waterfront gem with no current home on the land. It’s been listed recently in the mid-$20 million range.
Hunts Point WA Homes
Median home sale price: $1,426,173
Price change YOY: -4.6%
Population: 3,041
Median household income: $133,756
Medina is most famouse for being home to Bill Gates of Microsoft, and many of his software counterparts. The waterline in Medina reaches from Evergreen Point in the North to Groat Point in the South, covering the majority of the Gold Coast. This section of Lake Washington waterfront has westerly views of Seattle and evening sunsets on the lake. At 3,000 residents, it’s much larger than the other townships on the list.
Medina WA Homes
Median home sale price: $1,397,744
Price change YOY: -6.9%
Population: 997
Median household income: $177,940
Yarrow Point is another small peninsula on the shores of Lake Washington. Nestled between Cozy Cove and Yarrow Bay, around 1/4 of its homes are on the water. Like Hunts Point, it has only one street entry and therefore has very little outside traffic. Yarrow Point is a bit more open, with better ability to see many of the homes from the street.
Yarrow Point WA Homes
Median home sale price: $1,249,976
Price change YOY: -9.9%
Population: 2,845
Median household income: $132,468
Clyde Hill is the only town on our list that is not on the waterfront. The town is situated between Medina and the Points, and it has some of the best views on the Eastside. Clyde Hill homes can have views of Kirkland to the North, Seattle and the Olympic Mountains to the West, Bellevue and Mount Rainier to the South, and the Cascade Mountains to the East. With its own police and fire department, Clyde Hill has a small-town feel without sacrificing access to big city amenities.
Clyde Hill WA Homes
SeattleHome.com – Washington State Realty – (206) 658-3225
Real Estate Brokers, Realtors, Green Certified Pros
Seattle Waterfront Real Estate Statistics, 2009
SeattleHome.com – Washington State Realty – (206) 658-3225
Real Estate Brokers, Realtors, Green Certified Pros
Fun Seattle Real Estate Statistics From 2009
Lowest home sale price of the year in Seattle: $32,000
Shortest time to sell a home in Seatle: 0 days (sold on opening day)
SeattleHome.com – Washington State Realty – (206) 658-3225
Real Estate Brokers, Realtors, Green Certified Pros
Lake Washington Crossing on 520 Bridge to start Tolling in 2011
Sam DeBord and Brian Wiegand
SeattleHome.com – More Web Traffic Than the Other Seattle Real Estate
SeattleHome.com
Real Estate Brokers, Realtors – Washington State Realty
(206) 552-8820
Yarrow Point on Lake Washington – Home Sales, 2008
There were just 9 homes sold in Yarrow Point, WA in 2008. Like many other upscale areas, Yarrow Point suffered through some slower sales in 2009 as the real estate market corrected and the economy waned. Days on Market grew from just a month in 2007 to over 6 months in 2008. Still, the homes that did sell in Yarrow Point were high-end homes, with the median price jumping to nearly $3 million.
Yarrow Point Real Estate Statistics, 2008:
Median Bedrooms: 4
Median Baths: 3.75
Median Square Feet: 4740
Median Sale Price: $2,950,500
Median Days on Market: 135
The highest sale in 2008 was for $9.5 million, a waterfront Yarrow Point home with west-facing views on Cozy Cove. It has over a half acre of land and a spacious 8600 sq ft of living space.
Data from NWMLS records. This information was not compiled or published by the Northwest Multiple Listing Service.
Sam DeBord and Brian Wiegand
Real Estate Brokers
Seattle Homes
SeattleHome.com (206) 552-8820
Medina, Lake Washington Home Sales, 2008
There were just 24 homes sold in the Lake Washington town of Medina, WA in 2008. This number of home sales represents about half of the sales in 2007. The real estate market in Greater Seattle took a real hit in the luxury home range during 2008, and Medina was not immune. Days on Market increased slightly from the previous year, and median home prices dipped a bit.
Medina Real Estate Statistics, 2008:
Median Bedrooms: 4
Median Baths: 3
Median Square Feet: 3230
Median Sale Price: $1,350,000
Median Days on Market: 84
The highest sale in Medina for 2008 was $3.7 million. This was a fairly new 5 bedroom home with 5600 sq ft of living space. Not being waterfront, it was much lower than the top sales of 2006 and 2007.
Data from NWMLS records. This information was not compiled or published by the Northwest Multiple Listing Service.
Sam DeBord and Brian Wiegand
Real Estate Brokers, Realtors
Seattle Homes
SeattleHome.com (206) 552-8820
Lake Washington Homes
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