NOT LISTED FOR SALE

Estimated Value: $346,000 - $453,000

0.21 Acre
$2,001,767 Price per Acre
9,243 Sq Ft Lot

Last Sold December 03, 2021

Last sale price $95,000

Est. 342% increase in value since last sale

Current estimated payment $2,592/month

8 Days on Market

About This Lot

As of December 2021

Big beautiful building lot with room for building a shop, too! Level, great location. Come build your dream home or your next investment property here. Water, sewer and Power are stubbed to the lot. Close to freeway, shopping, hospitals, lakes and other amenities for your convenience!

Last Agent to Sell the Property

Ryan Dale

Keller Williams Spokane - Main License #139669 Listed on: 11/11/2021

Keller Williams Spokane - Main

Last Buyer's Agent

Ryan Dale

Keller Williams Spokane - Main License #139669 Listed on: 11/11/2021

Keller Williams Spokane - Main

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,704

Lot Details

  • 9,243 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Utilities

  • Gas Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 45163.1101

Property Details

Property Type

Land

Est. Annual Taxes

$4,704

Lot Details

0

Listing Details

  • Sub Type: Land
  • Access: Pub Rd
  • Class: Lots & Land
  • Restrictions: Easement
  • Lvt Date: 11/11/2021
  • Common Interest Community: No
  • Geo Address Line: 11412 E Valleyway Ave
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/11/2021 10:07:48 PM
  • Geo Zoom Level: 15
  • Allow Public Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 10.28

Utilities

  • Utilities: Gas Av Prop L, Phn Av Prop L, Pwr Av Prop L
  • Sewage System: Swr Conn
  • Water System: Wtr Conn

Lot Info

  • Acres Mol: 0.21
  • Estimated Lot Sq Ft: 9243
  • Estimated Lot Dimension Depth: 67
  • Estimated Lot Dimension Front: 138
  • Lot Information: Level, Open, Corner
  • Parcel Number: 45163.1101
  • Improvements: Sidewalks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Fayette Taelor and Fayette Michael Charles
Bought by
Kelly David and Lesser Rochelle
Current Estimated Value
$420,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,668
Outstanding Balance
$441,761
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
-$21,390

Purchase Details

Closed on
Nov 14, 2022
Sold by
Grit & Timber Properties Inc
Bought by
Fayette Taelor and Fayette Michael Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 2, 2021
Sold by
Beyond Structure Llc
Bought by
Grit & Timer Properties Inc
Seller's Agent
Ryan Dale
Keller Williams Spokane - Main
Buyer's Agent
Ryan Dale
Keller Williams Spokane - Main
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.43%
Original Mortgage
$90,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2020
Sold by
Valley Commercial Llc
Bought by
Beyond Structure Llc

Purchase Details

Closed on
Jul 28, 2020
Sold by
Kofmehl Gerald E
Bought by
Valley Commercial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2018
Sold by
Hillier Stephen P and Hillier Melinda S
Bought by
Kofmehl Gerald E

Purchase Details

Closed on
Nov 15, 2018
Sold by
Hillier Stephen P and Hillier Melinda S
Bought by
Hillier Gerald P
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
Kelly David $460,000 Wfg National Title
Fayette Taelor -- --
Grit & Timer Properties Inc $95,000 Ticor
Beyond Structure Llc $130,000 First American Title
Valley Commercial Llc $221,000 First American Title Ins Co
Kofmehl Gerald E $51,780 First American Title Ins Co
Hillier Gerald P $51,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly David $451,668
Previous Owner Fayette Taelor $368,207
Previous Owner Grit & Timer Properties Inc $90,000
Previous Owner Valley Commercial Llc $55,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $95,000 -12.8% --
11/19/2021 11/19/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $109,000 -- --
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 $4,704 $422,800 $85,500 $337,300
2024 $4,704 $442,400 $75,000 $367,400
2023 $2,592 $274,500 $70,000 $204,500
2022 $588 $268,300 $70,000 $198,300
2021 $626 $50,000 $50,000 $0
2020 $617 $50,000 $50,000 $0
2019 $401 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202125011

Spokane Association of REALTORS®

APN: 45163.1101