NOT LISTED FOR SALE

1116 N Olson Hill Ct Medical Lake, WA 99022

Estimated Value: $464,000 - $510,000

4 Beds
3 Baths
2,388 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $455,000 $191 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,914/month

21 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Family Room Off Kitchen
  • Contemporary Architecture
  • Solid Surface Countertops
  • Cul-De-Sac

About This Home

As of January 2023

Enjoy the stunning views from this lovely home designed to take full advantage of the inspirational views! Multiple family rooms, vaulted ceilings & gas fireplace make this the perfect home for entertaining. Kitchen features beautiful granite countertops, pantry, two lazy Susan’s, bread box w/outlet, SS appliances, pull out drawers & eating bar perfect for casual dining. The primary suite is located on the upper level and features a large bath w/step in shower & walk in closet. 3-car garage is wired w/220 & boasts oversized garage doors. Step out to the fenced backyard w/mature landscaping, sprinkler system, raised garden beds & wired for a hot tub with wonderful privacy & patio area. Plumbed for a 4th bathroom in lower level. New roof in 2019. Enjoy the beautiful sunsets & firework displays while relaxing on the balcony. Situated in a quiet cul-de-sac in the desirable Fox Ridge neighborhood in Medical Lake. Close to all amenities, schools, walking trails, 3 lakes & just 12 minutes to Amazon & Fairchild AFB.

Last Agent to Sell the Property

Gina Snyder

John L Scott, Spokane Valley License #112766 Listed on: 12/08/2022

John L Scott, Spokane Valley

Last Buyer's Agent

MISC MISC

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 2006

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Corner Lot
  • Oversized Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Landscaped with Trees

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Family Room with entrance to outdoor space
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Bathrooms

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Rough-In Basement Bathroom

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

  • Hallet Elementary School
  • Medical Lake Middle School
  • Medical Lk High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14083.1207

Community Details

Overview

  • Property has a Home Owners Association
  • Fox Ridge Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,573

Year Built

Built in 2006

Lot Details

0

Listing Details

  • HOA YN: Yes
  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 4 Level
  • Year Built: 2006
  • Lvt Date: 12/08/2022
  • Common Interest Community: No
  • Geo Address Line: 1116 N Olson Hill Ct
  • Geo Primary City: Medical Lake
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 12/8/2022 3:07:43 PM
  • Geo Zoom Level: 15
  • Sr High: Medical Lk
  • Jr High: Medical Lake
  • Allow Public Comments: No
  • Subdivision/Development: Fox Ridge
  • Property Sub Type: Detached

Interior Features

  • Total Approx Sq Ft: 2388
  • Price Per Sq Ft: 190.54
  • Number of Stories: 2
  • Bathrooms: 3
  • Bedrooms: 4
  • Estimated First Floor Sq Ft: 1269
  • First Floor Bedrooms: 1
  • First Floor Bathrooms: 0.75
  • First Floor Family Room: 1
  • First Floor Fireplace: 1
  • Second Floor Estimated Sq Ft: 536
  • Second Floor Bedrooms: 2
  • Second Floor Bathrooms: 1.75
  • Second Floor Family Room: 1
  • Basement: Partial, Finished, RI Bath, Fam/Rec Rm
  • Estimated Basement Sq Ft: 583
  • Basement: Yes
  • Basement Bedrooms: 1
  • Basement Family Room: 1
  • Special Features: Mn Flr Util, Wood Flr, Cath Cling, Vinyl Wn Fr
  • Design: Contemp
  • Dining Room: Informal, Kit Eat Sp, Eat Bar
  • Family/Recreation Room: Bsmt, 1st Flr, 2nd Flr, Off Kit, Outside Ent
  • Features: Breakers
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Disposal, Microwave, Pantry, Hrd Surface Counters
  • Primary Bedroom: Wlkin Clst, 3/4 Bath, 2nd Flr
  • Number of Family Rooms: 3
  • Number of Fireplaces: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Off St Prkg
  • Garage Size: 3

Utilities

  • Heating/Cooling: Gas, Forced Air, Cent A/C
  • Power Company: Avista
  • Water Company: Medical Lk

Condo/Co-op/Association

  • Amenities: Cable TV, Deck, Patio, Gas Hot Wtr, Cable Internet

Schools

  • School District: Medical Lake
  • Elementary School: Hallet

Lot Info

  • Acres Mol: 0.33
  • Estimated Lot Sq Ft: 14375
  • Lot Information: View, Fncd Bk Yd, Spr Sys, Treed, Open, Rolling, Corner, Culdesac, Oversized, CC & R
  • Lot View: Mountain, Territorial
  • Parcel Number: 14083.1207
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Multiple Parcels: No

Tax Info

  • Taxes: 3573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Jan 26, 2023
Sold by
Forrester Robert E and Forrester Donna
Bought by
Smith Marsi L
Seller's Agent
Gina Snyder
John L Scott, Spokane Valley
Buyer's Agent
MISC MISC
NON MLS
List Price
$465,000
Sold Price
$455,000
Premium/Discount to List
-$10,000
-2.15%
Views
21
Current Estimated Value
$490,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,968
Avg. Annual Appreciation
2.71%
Original Mortgage
$429,571
Outstanding Balance
$415,946
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$75,022

Purchase Details

Closed on
Jan 6, 2006
Sold by
Markham Homes Inc
Bought by
Forrester Robert E and Forrester Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,398
Interest Rate
6.25%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 2005
Sold by
A & K Development
Bought by
Markham Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,484
Interest Rate
5.76%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Marsi L -- Frontier Title Company
Forrester Robert E $226,500 Transnation Title
Markham Homes Inc $80,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Marsi L $429,571
Previous Owner Forrester Robert E $206,398
Previous Owner Markham Homes Inc $363,484
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $455,000 0.0% $191 / Sq Ft
01/09/2023 01/09/23 Price Changed $455,000 -2.2% $191 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $465,000 -- $195 / 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 $4,062 $438,400 $90,000 $348,400
2024 $4,062 $435,600 $85,000 $350,600
2023 $3,646 $443,800 $80,000 $363,800
2022 $3,573 $434,100 $65,000 $369,100
2021 $3,319 $305,600 $45,000 $260,600
2020 $2,777 $265,500 $40,000 $225,500
2019 $2,552 $244,500 $40,000 $204,500
2018 $2,577 $228,000 $40,000 $188,000
2017 $2,720 $247,500 $40,000 $207,500
2016 $2,648 $231,400 $40,000 $191,400
2015 $2,686 $227,000 $40,000 $187,000
2014 -- $227,000 $40,000 $187,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202225904

Spokane Association of REALTORS®

APN: 14083.1207