NOT LISTED FOR SALE

1114 S Bannen Rd Spokane Valley, WA 99037

Estimated Value: $460,000 - $509,000

4 Beds
2 Baths
1,889 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $359,995 $191 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,990/month

6 Days on Market

Highlights

  • Great Room
  • Building Patio
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Walk-In Closet
  • Tankless Water Heater

About This Home

As of December 2020

Lexington Homes (a D.R. Horton Co.) presents The Cali smart home plan in The Orchards, Spokane Valley's newest neighborhood where the upgrades come standard! Located in the heart of the Valley w/easy access to I-90! Minutes to shopping, restaurants, Target, Valley Mall and medical services. Main floor living at its finest with 4 total bedrooms. Off the entry you will find two of the four total bedrooms and a full bathroom. The large 4th bedroom is just around the corner and can also function as an office or separate bonus space! The primary bedroom and connecting ¾ bathroom includes dual sinks, water closet, wide step in shower and huge walk in closet! Quartz counters are found throughout the home, stainless steel appliances are standard and includes gas range & refrigerator. Many more features! Additional home plans being built. Call for appointment info!

Last Agent to Sell the Property

Sean Ness

Coldwell Banker Tomlinson License #134263 Listed on: 08/04/2020

Co-Listed By

Steve Ranniger

Coldwell Banker Tomlinson License #127141

Last Buyer's Agent

Scott Williams

Synergy Properties License #119719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,655

Year Built

  • Built in 2020

Lot Details

  • 5,880 Sq Ft Lot
  • Partial Sprinkler System

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,889 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • Crawl Space
  • Smart Home

Kitchen

  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • 200+ Amp Service
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 45233.4804

Community Details

Overview

  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Building Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,655

Year Built

Built in 2020

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Sub Type: Res/Site Blt
  • New Construction: Yes
  • Access: Pub Rd
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 2020
  • Lvt Date: 08/04/2020
  • Common Interest Community: No
  • Geo Match Code: 3
  • Geo Quality: 1
  • Geo Update Timestamp: 8/4/2020 6:55:17 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 1889
  • Price Per Sq Ft: 190.57
  • Number of Stories: 1
  • Bathrooms: 2
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1889
  • First Floor Bedrooms: 4
  • First Floor Bathrooms: 2
  • First Floor Family Room: 1
  • Basement: Crawl
  • Special Features: Mn Flr Util, Cath Cling, Vinyl Wn Fr
  • Design: Rancher
  • Dining Room: Informal
  • Family/Recreation Room: 1st Flr, Great room
  • Features: 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, Gas Rng, D/W, Disposal, Pantry, Kit Island
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, Dbl Sinks, 1st Flr
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Fiber Cement
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached
  • Garage Size: 2

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C, Hi Eff Furn (>90%)
  • Power Company: Vera W&P
  • Water Company: Vera W&P

Condo/Co-op/Association

  • Amenities: Cable TV, Patio, Tankls Wtr Htr, Smart Home/See Remarks, Cable Internet, DSL

Schools

  • School District: Central Valley
  • Elementary School: Adams
  • Middle School: Evergreen
  • High School: Central Valley

Lot Info

  • Acres Mol: 0.14
  • Estimated Lot Sq Ft: 5880
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 144
  • Loc Numberblks N S: 12
  • Lot Information: Part Spr Sys, CC & R
  • Monthly Assessment: 55
  • Parcel Number: 45233.4804
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 45233.4804

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Dec 22, 2020
Sold by
Lexington Homes Drh Llc
Bought by
Madsen Jacob Paul and Madsen Janae Chloe
Seller's Agent
Sean Ness
Coldwell Banker Tomlinson
Buyer's Agent
Scott Williams
Synergy Properties
List Price
$359,995
Sold Price
$359,995
Current Estimated Value
$478,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,526
Avg. Annual Appreciation
6.14%
Original Mortgage
$341,995
Outstanding Balance
$305,020
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$173,501
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
Madsen Jacob Paul $359,995 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madsen Jacob Paul $341,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $359,995 0.0% $191 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $359,995 -- $191 / 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 $4,655 $434,700 $100,000 $334,700
2024 $4,655 $437,700 $90,000 $347,700
2023 $3,966 $445,200 $85,000 $360,200
2022 $3,917 $415,300 $80,000 $335,300
2021 $749 $60,000 $60,000 $0
2020 $181 $14,000 $14,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202019884

Spokane Association of REALTORS®

APN: 45233.4804