NOT LISTED FOR SALE

11025 S Welcome Rd Medical Lake, WA 99022

Estimated Value: $519,000 - $590,000

3 Beds
2 Baths
2,984 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $168,000 $56 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $3,414/month

85 Days on Market

Highlights

  • Lake Front
  • Dual Closets
  • Landscaped with Trees
  • 2 Car Detached Garage
  • Cooling Available
  • Dining Room

About This Home

As of April 2015

Amazing Waterfront Opportunity! This lake home is move-in ready, but could be developed further into an amazing lake property. With great views of Granite Lake and mostly paved, quick access, this waterfront home is the perfect setting for a seasonal or year-round residence. The unfinished basement with a separate outdoor entrance could be built-out as a great apartment for visiting guests or family. Public water is provided by the Granite Lake Water Association. Call today to schedule a private showing!

Last Agent to Sell the Property

John Leland

Upward Advisors License #50182 Listed on: 01/02/2015

Last Buyer's Agent

Brandon Marchand

Keller Williams Spokane - Main License #23628

Keller Williams Spokane - Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Lake Front
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,984 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Water Views

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Storage Shed
  • Shop

Schools

  • Betz Elementary School
  • Cheney Middle School
  • Cheney High School

Utilities

  • Cooling Available
  • Baseboard Heating
  • 200+ Amp Service
  • Septic System

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 14214.0126

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,563

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1978
  • Geo Address Line: 11025 S Welcome Rd
  • Geo Primary City: Medical Lake
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 4/30/2015 9:01:48 PM
  • Geo Zoom Level: 15
  • Sr High: Cheney
  • Jr High: Cheney
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Approx Sq Ft: 2984
  • Price Per Sq Ft: 56.3
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 1496
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Basement: Full, Unfinished, Outside Entr
  • Estimated Basement Sq Ft: 1488
  • Basement Percent: 100
  • Basement: Yes
  • Special Features: Mn Flr Util, Alum Wn Fr, Multi Pn Wn
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr
  • Features: Breakers, 200 AMP
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig
  • Primary Bedroom: Dbl Clst, 3/4 Bath, 1st Flr
  • Number of Family Rooms: 1
  • Number of Fireplaces: 1

Exterior Features

  • Body of Water Name: Granite Lk
  • Exterior: Wood
  • Frontage: Primary
  • Out Buildings: Shop, Stge Shd
  • Roof: Comp
  • Waterfront Property: Lake Frt

Garage/Parking

  • Garage Parking: Detached
  • Garage Size: 2

Utilities

  • Heating/Cooling: Elec, Basebd
  • Power Company: Inland
  • Water Company: Granite LA

Condo/Co-op/Association

  • Amenities: Deck, Do Not Use - StS

Schools

  • School District: Cheney
  • Elementary School: Betz
  • Middle School: Cheney
  • High School: Cheney
  • School District: Cheney
  • Elementary School: Betz

Lot Info

  • Acres Mol: 0.4
  • Estimated Lot Sq Ft: 17746
  • Loc Dir E W: W
  • Loc Dir N S: S
  • Loc Numberblk E W: 152
  • Loc Numberblks N S: 110
  • Lot Information: View, Treed
  • Lot View: Water
  • Parcel Number: 14214.0126
  • Site Improvements: Septic Sys, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Taxes: 1563
  • Assessor Parcel Number: 14214.0126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2018
Sold by
Lennon Aaron
Bought by
Williams Katleen F and Lennon Kathleen
Total Days on Market
85
Current Estimated Value
$561,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2018
Sold by
Lennon Aaron
Bought by
Williams Kathleen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2015
Closed on
Apr 20, 2015
Sold by
Matter James S and Matter Susan Hellman
Bought by
Lennon Aaron and Lennon Kathleen
Seller's Agent
John Leland
Upward Advisors
Buyer's Agent
Brandon Marchand
Keller Williams Spokane - Main
List Price
$179,000
Sold Price
$168,000
Premium/Discount to List
-$11,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$159,600
Interest Rate
3.8%
Mortgage Type
New Conventional
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
Williams Katleen F -- None Available
Williams Kathleen F -- None Listed On Document
Lennon Aaron $168,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kathleen F $205,000
Closed Lennon Kathleen $161,000
Closed Lennon Kathleen $161,000
Previous Owner Lennon Aaron $159,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $168,000 -6.1% $56 / Sq Ft
03/28/2015 03/28/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $179,000 -- $60 / Sq Ft
Source: Spokane Association of REALTORS®

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
2025 $4,276 $489,500 $252,000 $237,500
2024 $4,276 $438,300 $188,800 $249,500
2023 $3,501 $459,100 $188,800 $270,300
2022 $3,778 $419,570 $149,270 $270,300
2021 $2,608 $234,800 $25,000 $209,800
2020 $2,513 $216,500 $25,000 $191,500
2019 $2,157 $195,800 $31,000 $164,800
2018 $2,177 $167,700 $31,000 $136,700
2017 $1,920 $164,500 $31,000 $133,500
2016 $1,917 $157,900 $35,000 $122,900
2015 $1,571 $123,400 $25,000 $98,400
2014 -- $123,400 $25,000 $98,400
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201510195

Spokane Association of REALTORS®

APN: 14214.0126