Friday, February 5, 2010

Medina WA Homes Sold, January 2010 - One Foreclosure/Bank-Owned Home Sale

Just one home is showing as sold on the MLS for Medina, WA in January 2010.  A 4 bed, 3.5 bath, 2008-built home was sold on the 3400 block of Evergreen Point Rd. 

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.
 
Sam DeBord and Brian Wiegand
SeattleHome.com - Washington State Realty - (206) 658-3225
Real Estate Brokers, Realtors, Green Certified Pros
 
 
 
 
 

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