NOT LISTED FOR SALE

11303 S Lake Forest Ln Medical Lake, WA 99022

Estimated Value: $391,000 - $518,264

0.85 Acre
$535,372 Price per Acre
37,026 Sq Ft Lot

Last Sold July 15, 2024

Last sale price $430,000 $230 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,742/month

16 Days on Market

Highlights

  • Lake Front
  • 0.85 Acre Lot
  • High Speed Internet
  • Docks

About This Lot

As of July 2024

66' water frontage on Silver Lake! 0.85 acre primary waterfront lot. This is one of the most outstanding lots on Silver Lake! The property has a well, community sewer, and Avista gas & electrical. The home burnt down in the Gray Rd fire last fall. The Sellers had the home and other destroyed improvements demolished by a demolition company with a permit. This is your opportunity for a blank slate building lot on Silver Lake with utilities! Nice waterfront area with a dock and deep water.

Last Agent to Sell the Property

Jenna Norris

CENTURY 21 Waterfront Brokerage Phone: 5092903698 License #108765 Listed on: 05/14/2024

Last Buyer's Agent

Garrett Hagel

Keller Williams Spokane - Main License #20122039

Keller Williams Spokane - Main

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,076

Lot Details

  • 0.85 Acre Lot
  • Lake Front
  • Property fronts an easement

Property Views

  • Water
  • Territorial

Outdoor Features

  • Docks

Utilities

  • Well
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 14291.0104

Property Details

Property Type

Land

Est. Annual Taxes

$3,076

Lot Details

0

Listing Details

  • Property Sub-Type: Land
  • PropertyType: Land
  • ResoLotFeatures: Views
  • Lot Size Acres: 0.85
  • Road Frontage Type: Easement, Paved Road
  • View Type:Pond View: Territorial, Water
  • Water Body Name: Silver Lk
  • Attribution Contact: Phone: 5092903698
  • Co List Office Phone: (509) 321-1122
  • MLS Status: Sold
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Lake, Dock, See Remarks

Utilities

  • Utilities: Natural Gas Connected, Power
  • Sewer: Public Sewer, See Remarks
  • Water Source: Well

Lot Info

  • Parcel Number: 14291.0104
  • Lot Size Sq Ft: 37026
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 11, 2024
Sold by
Austin David S and Austin Cindy C
Bought by
King Terry Ray and King Mardee
Seller's Agent
Jenna Norris
CENTURY 21 Waterfront
Buyer's Agent
Garrett Hagel
Keller Williams Spokane - Main
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Views
11
Current Estimated Value
$462,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,157
Avg. Annual Appreciation
7.22%
Original Mortgage
$185,000
Outstanding Balance
$155,751
Interest Rate
7.03%
Mortgage Type
Balloon
Estimated Equity
$307,566

Purchase Details

Closed on
Feb 8, 2006
Sold by
Greenfield Iii Corp
Bought by
Silver Lake Add Community Sewer Assn

Purchase Details

Closed on
Sep 26, 2000
Sold by
Depell William Fred and Depell Gayle L
Bought by
Austin David S and Austin Cindy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.98%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Greenfield Iii Corp
Bought by
Depell William Fred and Depell Gayle L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
King Terry Ray $509,630 First American Title Insurance
Silver Lake Add Community Sewer Assn -- None Available
Austin David S -- Pacific Nw Title
Depell William Fred -- Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Terry Ray $185,000
Previous Owner Austin David S $300,000
Previous Owner Austin David S $325,000
Previous Owner Austin David S $100,000
Previous Owner Austin David S $210,000
Previous Owner Austin David S $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $430,000 -3.4% $230 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $445,000 -- $238 / 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 $2,536 $410,000 $410,000 --
2024 $2,536 $277,200 $277,200 --
2023 $5,921 $748,200 $353,400 $394,800
2022 $5,572 $720,300 $325,500 $394,800
2021 $5,319 $502,700 $241,800 $260,900
2020 $4,832 $433,300 $195,300 $238,000
2019 $4,064 $370,600 $158,100 $212,500
2018 $4,191 $353,300 $158,100 $195,200
2017 $3,982 $348,400 $158,100 $190,300
2016 $3,939 $332,800 $158,100 $174,700
2015 $3,968 $323,700 $158,100 $165,600
2014 -- $346,400 $158,100 $188,300
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202416256

Spokane Association of REALTORS®

APN: 14291.0104